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July 4th, 2008
Nanoscience Inc., said its wholly owned Toumaz Technology Ltd. has signed a new licensing agreement for an initial 1.5 million pounds with a sports-focused business originating in the Far East to develop Toumaz's Sensium brand globally through the sports industry.
The investor in emerging technologies for the healthcare and electronic sectors said 500,000 pounds has just been received and the remainder will be paid within
the next six months.
Sensium measures key vital signs, including as heartbeat, body temperature, respiration rate and physical movement on a continuous and real time basis, which can be used by athletes and trainers, Nanoscience said.
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