Hapbee uses SILSYNC to design and develop bed-related form factor
(TSXV: HAPB)
VANCOUVER, BC, January 12, 2021 / PRNewswire / – Hapbee Technologies, Inc. (TSXV: HAPB) (“Happiness“ or the “Society“), a wellness technology company developing the revolutionary Hapbee wearable, is pleased to announce that it has engaged SILSYNC, Inc. (“SILSYNC”), a software-based product design company based in Arizona, to design and design a magnetic signal product for a bed-related form factor. The services agreement was signed in conjunction with the Company’s technology licensor, EMulate Therapeutics, Inc.
“The popularity of our Sleepy signal, demonstrated by feedback from early adopters and thousands of hours of signal usage, has encouraged us to explore the development of a new form factor to deliver that sensation, among other things,” said Scott donnell, CEO of Hapbee. “SILSYNC’s award-winning engineering team has years of experience designing and prototyping innovative consumer hardware solutions for their customers. We look forward to working with SILSYNC to expand our platform and help subscribers take ownership of how they feel around the clock.
The initial phase of the prototype development project will begin with the industrial design of a bed-related form factor (the “Product”), followed by subsequent engineering and design steps. Pending the successful completion of prototype development, the product is intended to be able to transmit Hapbee signals such as Sleepy and Relax, activated through the Hapbee Companion app. As part of the project, SILSYNC will provide consulting, design, prototype development, testing, validation and related services for the product.
“Our team has worked with many innovative concepts and technologies in the past,” said Daniel Pierre, co-founder and CEO of SILSYNC. “We are thrilled to have the opportunity to create what could become a category definition product with Hapbee.”
Hapbee expects the initial industrial design phase for the product to be completed in the first quarter of this year, and the company plans to provide further updates as the development project matures.
About Hapbee
Hapbee is a portable magnetic field technology company that aims to help people choose how they feel. Powered by patented ultra-low radio frequency energy (ulRFE®) Invented and licensed by EMulate Therapeutics, Inc., Hapbee delivers low-power electromagnetic signals designed to produce sensations such as Happy, Alert, Focus, Relax, Calm and Sleepy.
You can learn more about how Hapbee works at www.hapbee.com/science
For more information visit: www.hapbee.com.
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Factors that could cause actual results to differ materially from those of forward-looking statements include failure to obtain regulatory approval, continued availability of capital and financing, and general economic, market or changes in laws and regulations, increases in operating costs, equipment failures, non-compliance by counterparties with their contractual obligations, litigation, loss of directors, ’employees, advisers or key consultants and fees charged by service providers. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement. These risks, uncertainties and assumptions include, without limitation, those described in Hapbee’s prospectus dated October 26, 2020, a copy of which is available on SEDAR at www.sedar.com, and could cause actual events or results to differ materially from those projected in the forward-looking statements. These statements should not be interpreted as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to differ materially from those implied by such statements. The Company assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances, except as required by law. Readers should not place undue reliance on the Company’s forward-looking statements.
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SOURCE Hapbee Technologies Inc.