FST.L Regulatory News (FST)

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26 March 2014

Toumaz Limited

SensiumVitals® expands international distribution network

Toumaz Limited (AIM: TMZ, 'Toumaz', or 'the Group'), a pioneer in ultra-low power wireless semiconductor technology, announces that Sensium Healthcare, its wireless healthcare division, has extended the sales reach of its SensiumVitals® vital signs monitor to 12 countries.

Sensium Healthcare has recruited its own highly experienced direct sales force in the UK, France and Germany. The company has also executed distribution agreements for another four territories in Scandinavia (Sweden, Norway and Denmark) and the Middle East (Bahrain).

Along with existing agreements in the USA, Canada, Mexico, Australia and New Zealand, SensiumVitals® now has distribution in countries which collectively account for 60% of global healthcare spend. The company has also received regulatory clearance for SensiumVitals® in Australia.

With this development of its sales and distribution networks, Sensium Healthcare is embarking on full commercialisation of the SensiumVitals® system. The company is currently in discussions with over 60 hospitals worldwide.

Anthony Sethill, CEO of Toumaz Group, said:

"In the last six months, we have established an experienced and highly effective international sales platform for SensiumVitals®.

Initial customer engagements have been very encouraging. SensiumVitals® is positioned as a "game changer" for patient safety and healthcare economics - and it is proving a compelling proposition with both clinicians and hospital managers.

In 2014, we expect a significant ramp up in Sensium Healthcare's revenues - as discussions already under way with hospitals in Europe, North America and Australia lead to deployments in all of those regions."

Enquiries:

About Toumaz (www.toumaz.com)

Toumaz Limited is a pioneer in low-power, wireless semiconductor and software technologies for healthcare and consumer audio. The Group has two divisions, Sensium Healthcare and Frontier Silicon. Sensium Healthcare develops wireless solutions for patient monitoring. Frontier Silicon provides chip, modules and software for digital radio and connected audio devices.

About SensiumVitals®

SensiumVitals® is an ultra-low power system for wireless monitoring of patient vital signs, including heart rate, temperature and respiration. Measurements are taken every two minutes, rather than every four to eight hours, as currently standard in general wards. Patient data is then sent wirelessly and securely to clinicians via hospital IT systems. 

The key benefit of SensiumVitals® is that it provides clinicians with rapid warnings of patient deterioration, which in turn allows for earlier interventions, shorter stays in hospital and lower healthcare costs. 

For more information, see http://www.sensium-healthcare.com