Telemedicine and Wellness Apps Have Showcased Tremendous Growth Due To Pandemic - Seite 2

Cognetivity Neurosciences Ltd. (CSE: CGN) (OTCQB: CGNSF) BREAKING NEWS:  Cognetivity Neurosciences Announces Commercial Deployment of OptiMind Wellness App with Market-leading Telehealth Company - Cognetivity Neurosciences (the "Company" or "Cognetivity") today announced that it has reached an agreement with Dutch telehealth company Luscii healthtech BV ("Luscii") regarding the deployment of Cognetivity's wellness app, OptiMind. Luscii will deploy OptiMind's sophisticated cognitive measurement capabilities in order to better understand the impact of its innovative human resources policies and corporate wellness initiatives.

Luscii is a provider of remote monitoring services for patients with conditions ranging from cancer and diabetes to Covid-19. It is the Dutch market leader, deployed in over half of hospitals in the Netherlands, and is now active in several other countries, including the UK. This success has been underpinned by innovation, both in its products and services and in its approach to employee welfare. As Luscii rolls out a major new wellness initiative within the business, it will deploy OptiMind to give better personal insights to team members and improve its understanding, via aggregate data, of the overall impact of its investment.

"Luscii supports many thousands of patients and clinicians through remote monitoring." said Professor Daan Dohmen, Chief Executive of Luscii. "Anything I can do to help improve the working environment for my colleagues will help them and, in turn, help patients and clinicians too," he said. "Learning what works in this context has been challenging until now, but Cognetivity's incredible technology opens up new and exciting possibilities for measuring the real impact of targeted programs and I look forward immensely to learning from the insights OptiMind will deliver."

Employee wellbeing continues to assume growing importance in the business world, with the global corporate wellbeing market forecast to expand from US$53.6 billion in 2018 to US$90.7 billion by 2026. Large employers in the US spent an average of $762 per employee on wellbeing programs in 2019. However, the return on such investments remains unclear, with firms unable to quantify program impact at either an individual or organizational level.