Less Ads, More Data, More Tools Register for FREE

Pin to quick picksCloudtag Inc Regulatory News (CTAG)

  • There is currently no data for CTAG

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Accuracy Results from User Testing

26 Oct 2015 07:00

RNS Number : 3344D
CloudTag Inc.
26 October 2015
 

26 October 2015

CloudTag Inc.

('CloudTag' or 'the Company')

 

Accuracy Results from User Testing

CloudTag (CTAG:LN), the company that brings personal monitoring to the health, wellbeing and fitness markets, is pleased to announce the latest results from its independent user tests ("User Tests"), carried out and verified in collaboration with the Human Performance Unit at the Centre for Sports and Exercise Science, University of Essex.

CloudTag has been conducting key external user tests on CloudTag's proprietary sensors, electrodes and algorithms to validate their accuracy. These User Tests have shown very positive results with heart rate tracking between 98% and 99% in comparison to a clinical ECG machine during walking and running activity. Energy expenditure (kilocalories) tracking results show correlation between 91% and 99% against the medical gold standard measurement, a CPX Metabolic Cart.

These results support the Company's strategy of delivering highly accurate, medical grade technology to the consumer market. The external validation of CloudTag's proprietary sensors and electrodes developed by the in-house technical team, and proprietary algorithms developed in collaboration with IMEC International, is a major milestone in the build up to CloudTag's product launch. The Directors believe CloudTag will deliver the most accurate consumer wearable device to the market to-date.

Amit Ben-Haim, CloudTag CEO, comments: "I am delighted with the progress to date and the endorsement of our technology's accuracy. These results validate CloudTag's proprietary miniature electrodes and algorithms, which enhance sensor interoperability, delivering highly accurate metrics. We look forward to the planned launch of our product to the market at the Consumer Electronics Show in January 2016. "

Enquiries

 

CloudTag Inc.

Amit Ben-Haim / Jamie Bligh 

 

+1 345 949 45 44

contact@cloudtag.com

Cairn Financial Advisers LLP (Nominated Adviser)

Avi Robinson / Tony Rawlinson

+44 (0) 20 7148 7900

Whitman Howard Limited (Broker)

Niall Devins / Ranald McGregor-Smith

+44 (0) 20 7659 1234

 

About University of Essex, Human Performance Unit

 

Human Performance Unit-Centre for Sport Science support and physiological testing.

 

The Human Performance Unit is part of the Centre for Sports and Exercise Science at the University of Essex, which is rated in the top 10 in the UK for the quality of its research. The Human Performance Unit has looked after the needs of athletes for over 10 years and worked with sports men and women from recreational to elite level, including Olympic and Paralympic medallists, elite boxers and professional football teams. The Human Performance Unit is one of the largest of it's kind in the UK and benefits from access to academic staff and research professionals many of whom are leaders in their field at the cutting edge of research with labs and facilities that are the best in the region and among the best in the country.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCZMMZGMKLGKZM
Date   Source Headline
27th Mar 20174:06 pmRNSFinal Results
16th Mar 201710:30 amRNSShareholder update
28th Feb 201711:50 amRNSResignation of Nominated Adviser
28th Feb 201711:50 amRNSUpdate on Suspension
24th Feb 20174:18 pmRNSSuspension - Cloudtag Inc.
24th Feb 20172:05 pmRNSSecond Price Monitoring Extn
24th Feb 20172:00 pmRNSPrice Monitoring Extension
24th Feb 20177:00 amRNSFundraise and Notice of Resignation of Nomad
16th Feb 20175:31 pmRNSCorrection: Conversion of £0.1m Loan Notes
16th Feb 20171:28 pmRNSConversion of £0.1 million Loan Notes
15th Feb 20172:02 pmRNSConversion of £0.3 million Loan Notes
2nd Feb 20177:00 amRNSConversion of £0.4 million Loan Notes
25th Jan 20177:00 amRNSChange of Registered Office
17th Jan 20174:31 pmRNSExercise of Warrants - Receipt of Gross Proceeds
17th Jan 20177:00 amRNSConversion of Loan Notes and Exercise of Warrants
4th Jan 20177:00 amRNSConversion of £0.25 million Loan Notes
3rd Jan 201710:13 amRNSFurther re Tranche 2 Notes
3rd Jan 20177:00 amRNSFurther re Tranche 2 Notes
22nd Dec 20163:17 pmRNSClarification in respect of L1 warrant pricing
22nd Dec 20162:48 pmRNSClarification in respect of L1 warrant pricing
21st Dec 20165:47 pmRNSConversion of £0.7 million Loan Notes
19th Dec 20162:35 pmRNSTranche 2 Notes
16th Dec 20167:30 amRNSRestoration - Cloudtag Inc
15th Dec 20165:37 pmRNSUpdate and Restoration of Trading
12th Dec 20161:26 pmRNSResult of EGM
9th Dec 20165:48 pmRNSConversion of £1.15 million Loan Notes
9th Dec 20163:32 pmRNSSuspension - Cloudtag Inc.
7th Dec 20163:05 pmRNSMovement in Share Price
5th Dec 20163:24 pmRNSMovement in Share Price
1st Dec 20162:10 pmRNSHolding(s) in Company
1st Dec 201612:54 pmRNSHolding(s) in Company
28th Nov 20167:00 amRNSAmendment to Funding Agreement
25th Nov 20167:00 amRNSAgreement Signed with US Sales & Marketing Partner
24th Nov 20167:00 amRNSPosting of Circular
23rd Nov 20167:00 amRNSConversion of £600,000 Loan Notes
21st Nov 201610:54 amRNSAppointment of David He
17th Nov 20162:05 pmRNSSecond Price Monitoring Extn
17th Nov 20162:00 pmRNSPrice Monitoring Extension
14th Nov 20163:38 pmRNSConversion of £700,000 Loan Notes
10th Nov 20167:00 amRNSReceipt of Funds and Issue of Notes
8th Nov 20162:05 pmRNSSecond Price Monitoring Extn
8th Nov 20162:00 pmRNSPrice Monitoring Extension
7th Nov 20164:37 pmRNSFundraising and Update
14th Oct 20163:40 pmRNSExercise of Warrants
4th Oct 20169:19 amRNSExercise of Warrants
27th Sep 20161:01 pmRNSFundraise of £550,000 & Exercise of Warrants
27th Sep 20167:00 amRNSProposed Subscription of £550,000
21st Sep 20167:00 amRNSAppointment of Chief Business Development Officer
12th Sep 20167:00 amRNSOperational Update and Placing to Raise £500,000
5th Sep 201611:05 amRNSSecond Price Monitoring Extn

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.