SmartMove, Inc. receives $200,000 grant from the Colorado Office of Economic Development and International Trade
SmartMove is developing a smartphone based personal activity coach that uniquely addresses "sitting disease" and makes it easy to create healthy physical activity habits.
FORT COLLINS, Colo., July 23, 2013 /PRNewswire-iReach/ -- SmartMove, Inc. (http://www.getsmartmove.com), a Fort Collins, Colorado based company is developing a smartphone based personal activity coach that uniquely addresses "sitting" disease" and makes it easy to create healthy physical activity habits. Based on an exclusive license to technology developed by researchers at the University of Colorado, Colorado State University, and Clarkson University, SmartMove tracks detailed real-time physical activity through sensors embedded in comfortable orthotic insoles, and provides personalized real-time coaching on a smartphone app which leverages personal motivation, strengths, and goals.
"We are pleased to award SmartMove $200,000 to advance a technology for footwear-based physical monitoring licensed out of the University of Colorado," said Sonya Guram, Program Manager at the Colorado Office of Economic Development and International Trade. "State funding will support product development and testing, as well as business development needs, and we are excited that SmartMove is so close to having a commercial product."
SmartMove intends to use the grant for additional end-user testing of the product, business development with strategic partners, and revisions of the product in order get it market ready. "We want to thank the Colorado Office of Economic Development and International Trade for their support. This grant will give us additional resources necessary to bring this new, innovative product to market" said Harry Baeverstad, CEO of SmartMove.
Media Contact: Bryan Thompson, SmartMove, Inc., 970-215-9603, firstname.lastname@example.org
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SOURCE SmartMove, Inc.
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