News Archives 2010

Exmovere Preparing For 2011 Launch of Two Wearable Wireless Monitoring Devices & An Assisted Transport Device - 11-23-2010

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In 2011, biomechanical engineering company Exmovere Holdings, Inc. is planning to launch two unique wireless vital sign monitoring devices-one for older adults and one for infants-and an upright mobility and transportation device. The wireless monitoring devices are the Telepath, a wristwatch sized device, and Exmobaby pajamas with embedded wireless biosensors that measure vital signs and mood. The self-balancing mobility device, called Chariot, is intended for people who have trouble standing or walking and for people who must stand or walk long distances.

A patent has been filed for the Telepath monitoring device, which will be based on the Zigbee wireless platform. It has been in pilot tests since 2007. A market launch is planned for the summer of 2011; the retail price is expected to be $15 or less.

Starting in early 2011, Exmobaby pajama evaluation kits for focus groups will be offered to retailers in specialized distribution channels, initially targeting hospital-based settings. A market launch is targeted for late 2011. A wireless signal receiver and needed software, to be sold separately for $99, will come with one garment. The retail price point for additional garments is expected to be between $3 and $5 each. Sizing will range from premie to about 12 months.

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Smart textile baby wear could monitor a baby's mood - 09-29-2010

Dan Rogers - +Plastic Electronics

Exmovere Holdings is ready to produce the wearable electronics, which measure physical markers like heart rate and respiration with integrated sensors. Garments and software for remotely analysing the baby's physical and emotional state will be delivered to potential distributors early in 2011, says Exmovere president and CEO David Bychkov.

He states: 'In January we will start shipping kits containing three garments, a transceiver and software, which will allow professional parties to do focus groups. They will then give us feedback and we can make final tweaks to the product.'

The product, called Exmobaby, is being prepared for release in time for Christmas 2011.
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Exmovere Holdings Partners With Renell Bank for Frankfurt Stock Exchange Listing - 09-21-2010

GLOBE NEWSWIRE

Exmovere Holdings, Inc., a biomedical engineering company, today announced that they will shortly be listed on the First Quotation Board (Open Market) of the Frankfurt Stock Exchange. The company's official listing sponsor is Renell Wertpapierhandelsbank AG.

David Bychkov, CEO of Exmovere Holdings, Inc., stated: "Renell has pre-approved Exmovere in writing and confirmed that they would take on the role of being our listing partner. This registered securities trading bank ranks amongst the very top players in its field in Germany and we are more than confident with our decision to partner with this firm."

For more information on Renell, please visit: www.renellbank.com

Given where the company is in executing their business strategy and moving their products forward, listing in Frankfurt will allow for additional awareness and liquidity. Although it is unusual for American companies to seek their primary listings overseas, this move will give Exmovere global exposure to investors and will allow for the company to maintain its US identity and corporate base in Virginia.
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Exmovere to Start Shipment of Chariots in Late 2011 and Launch Chariot Stores in the U.S. by 2012 - 09-15-2010

GLOBE NEWSWIRE

Exmovere Holdings, Inc., a biomedical engineering company, today announced that they intend to proceed with production of the Chariot, a self-balancing mobility device that surrounds the user's thighs, hips and legs in a kind of cocoon. The user of the Chariot will remain vertical and have their hands, arms, and chest free to do whatever is desired. The Chariot will enable the user to remain at eye level with their peers and will offer a viable solution to those who are obese, elderly or have mobility issues. The first mass market version of the Chariot, due to be shipped in late 2011, will be marketed as a fitness and sports enhancement device and a target MSRP for the base model of $2000.
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Medicare and Medicaid Patients Can Get Medical Services for $1.00 at Clinica - 09-10-2010

GLOBE NEWSWIRE

In an effort to promote wellness and help those who are struggling to make ends meet, Clinica of Virginia, LLC. is providing quality medical services to Medicare and Medicaid patients for only $1.00. The national economic downturn, combined with national bureaucracy, has created a shortage of physicians and clinics who accept Medicare and Medicaid. Chronic, multiple medical conditions plague those Americans who can financially afford it the least, and physicians' offices who accept Medicare or Medicaid are now far and few between. Clinica accepts both.
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Exmovere Starts Development of an Electric, Low Speed Road Vehicle for Active Women - 09-03-2010

GLOBE NEWSWIRE

Exmovere Holdings, Inc., a biomedical engineering company, today announced that it is developing a stand and ride road vehicle to complement its Chariot product line, called the "Red Fury." On June 22nd of this year, Exmovere Holdings engaged Sarah Park as lead industrial designer for this product. The Red Fury is an urban electric vehicle that is based on Sarah Park's unique trapezoid-based design language and is intended to supplant mopeds and electric bicycles. This vehicle will be marketed heavily to active women and will be designed specifically to accommodate and accentuate their physique. The Red Fury will be a complement to the company's existing mobility solutions, including the Chariot, and round out the company's product offerings in this area. This is consistent with the company's commitment to emotional design and the development of health-promoting and confidence-building mobility devices. Like the Chariot, the Red Fury will enable the rider to interact with the world from a high, upright position. Further, the Red Fury rider's vertical posture will ensure optimal blood flow, confidence, and convenience. The Red Fury will go up to 25 MPH so it will be developed and marketed within the growing market of electric bicycles and mopeds.
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08-27-2010 - With an Eye to New Moms, Exmovere Unveils Biosensor Pajamas for Babies

GLOBE NEWSWIRE

Exmovere Holdings, Inc., a biomedical engineering company, today announced plans to release vital sign monitoring infant sleepwear. Exmovere is in the advanced stages of taking to market a washable, conductive fabric-based biosensor pajama called "Exmobaby." Exmobaby is the first-ever baby garment developed for remote monitoring of heart rate, emotional state and behavior. Exmovere is actively seeking retail chains, wireless carriers and distributors interested in promoting the product internationally, with an initial focus on countries with high infant mortality rates and countries launching active campaigns to reduce Sudden Infant Death Syndrome (SIDS), including Germany, Japan, South Korea, the United Kingdom and the United States.
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08-20-2010 - Bucking National Trends, Exmovere's "Clinica" Medical Practice Gladly Accepts Medicare and Medicaid

GLOBE NEWSWIRE

Exmovere Holdings, Inc., a biomedical engineering company, today announced that Clinica of Virginia, LLC, its wholly owned subsidiary, which now provides local patients with affordable, quality medical services has signed contracts with major insurance providers, Medicare, and Medicaid. Further, electronic data interchanges (EDIs) are in place for most of the major insurance carriers. This will facilitate a cost-effective, secure and efficient transmittal of information which will greatly reduce expenses, improve accuracy, and reduce processing time.
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08-12-2010 - Exmovere Accepting New Medical Patients at "Clinica" in Northern Virginia

GLOBE NEWSWIRE

Exmovere Holdings, Inc., a biomedical engineering company, announced that on July 12, 2010, Clinica of Virginia LLC, its wholly owned subsidiary, opened the doors of its first internal medicine and geriatric care medical clinic at Mosby Tower in downtown Fairfax, Virginia. The first priority of this facility is to provide local patients with affordable, quality medical services. At the same time, Clinica's purpose is also to offer patients unique access to Exmovere's biosensor, remote patient monitoring and mobility products.
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08-08-2010 - Exmovere Holdings Announces New Investor Relations Team

GLOBE NEWSWIRE

Exmovere Holdings Inc. a biomedical engineering company focused on government and consumer applications for healthcare, mobility, and security, today announced some key additions to its staff. As part of the expansive effort the company is making toward an exchange listing, additional visibility, and articulating the company's value proposition, it has decided to build up a formal investor relations team. Harry Russell, a professional investor and medical technology analyst and Heather Olson, an investor relations professional and an assistant to Mr. Russell for the last four years, will take on Exmovere's investor relations efforts. The company wishes to maintain full transparency with investors as it goes through these important value building steps.
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05-08-2010 - Exmovere Holdings motors toward $17.5M round

TechJournal South

Biomedical engineering firm Exmovere Holdings Inc. has raised $574,000 of a $17.5 million equity offering, according to a regulatory filing. The company develops products for healthcare, security and mobility.

"We think the company has some of the more interesting and innovative products we've reported on in a while."
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03-02-2010 - Exmovere to Pursue Legal Remedies Against Horizon Health

BUSINESS WIRE

Exmovere Holdings, Inc. ("Exmovere" or the "Company") announced that it delivered written notice of monetary default to Horizon Health International Corp., which is traded on the OTC Pink Sheets as HZHI:PK ("Horizon" or the "Defaulting Party"), on February 22, 2010 (the "Default Notice") pursuant to that certain Definitive Agreement made November 20, 2009 between Horizon and Exmovere (the "Agreement").

The agreement granted Horizon an exclusive distribution agreement for Canada covering Exmovere's Telepath and Chariot product lines.
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