PolarCool AB (publ) has decided to initiate development of a mobile application (APP)
At the latest board meeting, held on September 26, 2019, PolarCool AB (publ) decided to begin the development of mobile application (APP) to be used primarily as support for the athlete during the rehabilitation amidst a mild traumatic brain injury (mTBI) and concussion-related diseases. The APP development is intended to be conducted in collaboration with an IT partner. PolarCool AB (publ) currently estimates that the APP development will not affect the company's revenues for 2019 and 2020. The cost of developing the APP cannot be assessed today and is entirely dependent on the contract