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Fundamental VR (Tern PLC - Investment Portfolio) - 06 Nov. 2018

[AR ‘Flight Simulator For Surgeons’ Offers Easy Access To Valuable Training With Precise Haptic Feedback On Mac]

Apple’s CEO Tim Cook is known as a big proponent of AR. He said last year that he views it “as a big idea like the smartphone.” While augmented reality is being used for anything from gaming to shopping, navigation to useful tools, one company is making a big difference in how medical professionals train with software considered to be the “flight simulator for surgeons.”

Fundamental VR is a London-based company that’s bringing better and more frequent training to medical professionals with Fundamental Surgery, what it calls the “flight simulator for surgeons.”

We believe that every surgeon should have the opportunity to rehearse, practise and test themselves within a safe, controllable space that is as close to real life as possible and is within an arm’s reach of their work place.

Fundamental Surgery is a software platform that takes advantage of readily available virtual reality hardware combined with cutting edge haptics (the sense of touch) to create a simulation system that can be used on any modern PC set up, even a laptop.

Fundamental Surgery just last week was adopted by Mayo Clinic. The software was also the winner of the 2018 Auggie Award for “The Most Impactful Breakthrough” at the Augmented World Expo.

This will no doubt bring better training to the medical professional community and improved healthcare to patients.

https://www.techristic.com/ar-flight-simulator-for-surgeons-offers-easy-access-to-valuable-training-with-precise-haptic-feedback-on-mac/

[FundamentalVR is a technology and data insight business specialising in the intersection between immersive experiences and haptics to enhance medical training and outcomes, Tern Plc has a 34.7% holding]

Press release by InVMA - (Tern PLC - Investment Portfolio) - 06 Nov. 2018

InVMA Slashes the Cost of Maintenance with New High Frequency Wireless Sensors. Implementation and ongoing costs of predictive maintenance to fall as new sensors linked to machine learning assess the health of heavy machinery.

Chesterfield, Derbyshire - 6th November, 2018: IoT Solution Provider, InVMA today announced new capabilities for AssetMinder®, its turnkey asset performance management solution. AssetMinder has now been extended to include high frequency vibration sensors that measure vibration levels and temperature, which are critical to assess the state of health of heavy machinery.

“Customers today want a complete solution that allows them to monitor their mission-critical, high speed, heavy industrial assets that is easy to implement, open, scalable, secure and extremely affordable, We’ve responded to that need to include high frequency vibration sensors in our AssetMinder solution.” said Pat Nash, managing director, InVMA.

“By including the high frequency vibration sensor technology into the existing AssetMinder solution, we’ve made the solution easy to implement and accessible to all organisations,” continued Nash. “These new sensors will mean that even more businesses will be able to improve their performance by harvesting the right information and generating actionable insights.”

AssetMinder, with the new high frequency vibration sensor technology included will be available from 6th November when InVMA will exhibit on Stand 84 at Maintec 2018 on 6-7 November in Birmingham, UK.

https://www.invma.co.uk/invma-news/new-high-frequency-wireless-sensors

[Founded in 2010, InVMA combines world-class management consulting expertise with objective technology advisory and implementation services to deliver innovative IoT solutions based on ThingWorx technologies.,Tern Plc, has an 50% holding].

@Atomicrain : as much as I love to see 2p on the L2 , I know for sure most of the penny pinching wannabe traders gonna start selling at 1.95 and drag the share price down. We've been stuck in this ridiculous 1.9s buy/sell loop for almost two months now.

The impact of IoT on today's technology shows no signs of slowing, as market need is increasingly recognized, more companies are creating reliable connected devices that are taking the idea of dependable IoT technologies from dream to reality.

Device Authority is participating in the following events :

•November 13th: Internet of things Security conference, Reading UK :

https://tvsecureiot.uk/

•November 28th: PTC Forum Europe, Stuttgart with TeamViewer (PTC forum is a leading industrial innovation platform and solutions turn possibility into reality) :

https://www.ptc.com/en

•November 28th & 29th: IoT Tech Expo, Santa Clara USA with Thales eSecurity (The World’s Largest IoT Event Series will bring together key industries from across the globe for 2 days of top level content and discussion. Exploring the latest innovations within the Internet of Things and covering the impact it has on many industries including Manufacturing, Transport, Supply Chain, Insurance, Logistics, Government, Energy and Automotive, this conference is not to be missed) :

https://www.iottechexpo.com/northamerica/

•December 4th: IoTSF Conference, London UK (IoT Security Foundation is the Longest Running Dedicated IoT Security Conference) :

https://iotsfconference.com

[Device Authority, a global leader in Identity and Access Management (IAM) for the Internet of Things (IoT) and Blockchain,Tern Plc, has an 56.8% holding]

This will never see 9-10p. The placing shares are too little and they were sold to 'institutional and other investors' . They are not penny pinching wannabe traders like some on here and/or willing to spend alot of time and effort on negotiating an investment deal to sell the next day and make 1 or 2p margin knowing 'Production at Brockham from the Kimmeridge layers planned to commence before end of this year'

Now the placing drama is off the scene, I believe the sp will climb back up VERY soon ! Buying volumes for today (so far) is already higher than the selling volumes !

Very likely that we'll see a buying rally towards the eod ... No one smart enough to be out of Angus over the weekend or not to top up/avg down if needed on such a bargain price !

Whats with the 14p panic sell ha ? It seems like some ppl hear the alarm siren when the sp hits 14p !

*Buy volumes are 2x sell volumes since the opening, sp will climb back up !

I cant agree more with you that UKOG will put a very big smile on our face and I'd like to believe this will happen before Christmas ! Saying that, many been put off holding a position or topping up here because of the never ending sell by Solo who sucks the life out of any over 1.9 sp beat. They are not making money lately so UKOG's shares are an easy money to access whenever needed...

I just had a look at Angus today, a company operates in the same Weald Basin with half UKOG's market cap & 15x less share. They traded more shares than us today and their buying volumes for today are 3x the selling volumes so far ! It appears as a free floating share to trade for many traders on the AIM unlike our sp which because of Solo seems to be in a coma.

Bottom line, imo unless Solo is out, the 0% share price improvement since 6 weeks ago will continue........

Buying volumes today are 3x the selling volumes so far !

@will1734 : Unfortunately the 0.05p day trading is been going on for the past 6 weeks...........

Buy under 1.85 then sell when the sp hit the 1.85-1.9 zone. Its the penny pinching daily trade for many sad souls wannabe traders on here !

Press release by Fundamental VR (Tern PLC - Investment Portfolio) - 30 Oct. 2018

LONDON / BOSTON – FundamentalVR, the foremost Virtual Reality (VR) training and data analysis technology platform, today announces a three year strategic alliance and joint development agreement with Mayo Clinic, the US leading academic medical center, which will see both companies jointly develop market-leading surgical VR simulation and education products.

Richard Vincent, CEO at FundamentalVR commented, “This collaboration with the Mayo Clinic will dramatically accelerate our progress and ensures that the FundamentalVR team has access to the very best surgical knowledge.

Mayo Clinic and FundamentalVR are both ultimately focused on improving patient outcomes and with this in mind we share the belief that the comparative data insight and measurement available through our platform will have a profoundly positive impact on the wellbeing of people around the world. Our haptic + immersive VR platform has already proven itself to offer a new way to allow skills development and we are proud that this has been recognised by one of the USA’s leading and most inspirational medical groups.”

[FundamentalVR is a technology and data insight business specialising in the intersection between immersive experiences and haptics to enhance medical training and outcomes, Tern Plc has a 34.7% holding]

https://www.fundamentalsurgery.com/mayo-clinic/

Tern is pleased to announce that it has made a further £1.1 million investment in FVRVS Limited (“FundamentalVR” or “Fundamental”), a leading Virtual Reality (“VR”) training and data analysis technology platform and one of its existing portfolio companies - 30 Oct 2018

Fundamental’s award-winning platform combines immersive virtual reality with cutting-edge haptics (the sense of touch) to create low-cost and scalable ‘flight simulator’ experiences which offer a new way to facilitate skills development for surgeons.

This additional investment increases Tern’s holding in FundamentalVR from 18.3% to 34.7%.

This investment follows Fundamental’s recent signing of a three year term joint development agreement with the Mayo Foundation for Medical Education and Research (“the Mayo Clinic”), the U.S. leading academic medical centre which was voted Best Hospital in 2018 U.S. News & World Report rankings of top hospitals in the USA, which will see the two parties collaborating on a range of simulation and education products with an initial focus on the General Surgery area. Additionally, the current release of the Fundamental Surgery platform is now live in the Mayo Clinic’s world-renowned simulation centres located in Arizona, Florida and Minnesota.

This new alliance is expected to accelerate FundamentalVR’s progress in building out its procedures portfolio and enables the FundamentalVR team to have access to leading surgical knowledge as well as 3D modelling, data scientists and simulation specialists at the Mayo Clinic. The Mayo Clinic and FundamentalVR are both ultimately focused on improving patient outcomes and share the belief that the comparative data insight and measurement collected and available through the FundamentalVR platform will have a profoundly positive impact on medical outcomes and products around the world.

FundamentalVR’s current revenues from its existing procedures and its pipeline of new procedures are expected to accelerate through the addition of new procedures and potential licencing areas emanating from this new partnership.

Additionally, in the longer term FundamentalVR expects to build additional revenue sources from its data insight, accreditation and licensing of the development assets in complementary medical markets.

Tern CEO, Al Sisto, said, “FundamentalVR has proven its agility to rapidly deliver on its strategy since our initial investment. We are really pleased to provide this follow-on investment in this innovative company. They have an ambitious strategy, forward revenue visibility and now, a prestigious content partner that recognises the ability of their platform to revolutionise surgical training and ultimately, patient outcomes. We are pleased with their execution and the value it is creating in the business and therefore delighted to have increased our ownership position.”

TeleHealth: The Frontier of The Connected Device Market - 29th of Oct.

The impact of IoT on the healthcare industry shows no signs of slowing, as market need is increasingly recognized, more companies are creating reliable connected devices that are taking the idea of dependable IoT telehealth technologies from dream to reality.

IoT is impacting several areas of the healthcare industry. Connected telehealth devices are becoming safer (through regulation) more effective (through innovation), but challenges linger.

https://www.iotforall.com/telehealth-frontier-iot-connected-device-market/

Thales and Device Authority already launch solution to secure the Connected Health industry : New healthcare IoT solution ensures device and data security for medical devices

https://www.deviceauthority.com/news-article/thales-deviceauthority-health

[Device Authority, a global leader in Identity and Access Management (IAM) for the Internet of Things (IoT) and Blockchain,Tern Plc, has an 56.8% holding]

Thanks willowpillow, I already hold a large pos at 2.20 and I refuse to avg down and lock up more cash in this dead pos and restrict myself from trading elsewhere and make some cash. The sp didnt show even a 5% improvement in a month so it it suddenly drop back (by some market manipulation) to the 1.8-1.85 sp zone then I might avg down, otherwise I'll forget about my dead pos in UKOG for now similar to what you just suggested......

I dont want to sound pessimist and I STRONGLY believe that UKOG made a massive progress since the work started in HH but the SP movement versus the company's progress doesn't look appealing for AIM traders and it seems like no matter how good any RNS issued, it wont reflect on the sp (Portland declared commercially viable RNS is a good example). I am afraid that UKOG share has been labelled as a stock to invest in rather than an active share to trade in LSE like many other oil companies on AIM.

*Share price on 29th of Sept. was 1.92
*Share price on 29th of Oct, is 1.92

Very possible but we should also take into account the latest hack of millions of passengers data from UK and American airlines servers within the past 48hrs and the panic it created among global enterprises. Device Authority which is 56.8% owned by Tern Plc (Al Sisto, the executive Chairman of DA is also Tern's director) has created the 'vaccine' to prevent such cyber attacks and its already been named the 2018 Emerging Star in the global IoT Security market so we'll such a massive increase in DA's revenue in the current and coming quarters : https://info.deviceauthority.com/our-partners-2017

The last two large transactions were buys not sells

I think a big portion of today's buying volumes are related to ppl who rode Angus's over 50% share price spike then decided to sell after the sp momentum faded. They are either back in UKOG trying to take advantage of its discounted sp or possibly to reinvest here some of the profit which they just made in Angus.

Re Solo, I'd like to believe that they have enough cash now to keep the company running for a while and they will save the rest of its holdings in UKOG to sell later on a better sp or whenever they need more cash.....

An update from Device Authority (Tern PLC - Investment Portfolio) - 23 Oct. 2018 :

Device Authority, a global leader in Identity and Access Management (IAM) for the Internet of Things (IoT) and Blockchain, today provided a company update which includes planned growth for expanding the UK and US engineering team to support the development of their KeyScaler IoT and Blockchain security platform:

“As more customers and partners build KeyScaler into their IoT products or applications, it’s imperative we invest in our product development team, so we can respond quickly to requests for additional functionality or features, in addition to our forward-thinking roadmap. We will be adding additional developers at each location,” said Darron Antill, CEO of Device Authority."

[Device Authority, a global leader in Identity and Access Management (IAM) for the Internet of Things (IoT) and Blockchain,Tern Plc, has an 56.8% holding]

https://info.deviceauthority.com/da-news/device-authority-company-update