CloudTag Inc (LON:CTAG) CEO caught up with DirectorsTalk from the ISPO MUNICH 2016 (world’s leading sports business platform) to discuss the next steps for Cloudtag on the commercial front and the $5.2m deal with Second Chance Limited.
CloudTag Inc. is a Cayman Islands-based company. The Company’s principal activity is to design, develop and sell wearable devices and software for the consumer health and wellbeing markets for global retail and distribution.
Key selling points of the Cloudtag Track include:
– Personalisation – a bespoke, personalised fitness and nutritional system – the user sets a weight loss and fitness goal and the CloudTag system personalises recommendations and guidance to that individual by continuously adapting as the user progresses, accurately matching their fitness needs and weight loss goals;
– Accuracy – Cloudtag Track uses proprietary advanced sensing technology to obtain clinical-grade ECG, which offers a highly accurate assessment of heart rate and energy expenditure. The directors believe it will be the most accurate energy expenditure model on the market;
– Dual mode – the device can be worn on your wrist for daily tracking and on the chest in the beatSMART clip during exercise for advanced monitoring; and
– 24 Hour device – wearing the device in the beatSMART clip for one hour gives a full charge for three to five days on the wrist, a truly 24/7 device.
