29th Apr 2015 08:58
LONDON (Alliance News) - Fitbug Holdings PLC on Wednesday said it has entered into a deal with health and protection adviser Punter Southall Health & Protection Consulting Ltd.
Under the deal, Fitbug will provide its wearable health technology for a group income protection policy Punter Southall is launching under its Havensrock employee benefits provider brand.
No financial details were disclosed on the deal.
"the wearable health technology sector has significant potential to revolutionise the health space. Our innovative range of wearable tracking devices and digital coaching programmes give individuals the ability to achieve their health and wellness goals. We are delighted that Havensrock and PSHPC have selected Fitbug to partner with them in this innovative and exciting programme," said Fitbug Chief Executive Paul Landau.
Shares in Fitbug were down 1.6% to 6.275 pence on Wednesday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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