Smart insole developer MoveSole Ltd signs notable distribution deal for Northern and Central Europe

PRESS RELEASE Helsinki 19 Jan 2018 – MoveSole Ltd, a Finnish company developing smart insoles for health care professionals has agreed on a comprehensive distribution deal for Northern and Central Europe with Mobility Research Denmark.

As of today, Movesole and Mobility Research Denmark have a distribution contract regarding Mobility Research Denmark’s sales for MoveSole products in Germany, France, Belgium, Sweden, Denmark and Norway.

According to Michael Skivensen, the CEO of Mobility Research Denmark, MoveSole Steplab perfectly complements LiteGait and NuStep product portfolios. He is confident that their current customer base will also show great interest to the MoveSole StepLab product, which brings new added value to the already very successful LiteGait and NuStep product lines.

The contract between the two parties stipulates a set minimum purchase obligation. In practice this means that Mobility Research Denmark has committed to buying MoveSole products after an initial trial period. Eero Kaikkonen, MoveSole CEO, expressed his contentment for the notable sales targets in the near future while praising Mobility Research Denmark’s commitment to the collaboration. Moreover, the natural product match between the MoveSole offering, and both LiteGait and NuStep product families is astonishing.

MoveSole Steplab, and LiteGait and NuStep will remain separate product labels while forming a very versatile overall offering to support health care professionals with rehabilitation therapy.

More information:

Eero Kaikkonen, CEO, MoveSole Ltd 
eero.kaikkonen@movesole.com , tel. +358 400 688 263

Michael Skivensen, CEO, Mobility Research Denmark
msk@mobilityresearch.dk

MoveSole in brief:

MoveSole is a Finnish based health technology company that was established in 2014. MoveSole develops and sells a sensor technology based smart insoles, Movesole StepLab, to health care professionals. MoveSole StepLab includes smart insoles and the mobile application that uses collected data to produce visual or numeric reports to support patient care at the clinics and outside. More information: www.movesole.com

Mobility Research Denmark in brief:

Mobility Research Denmark founded in 2005 is a Danish based company operating in Healthcare. The company has built its product portfolio to the present representation of its two main product labels, LiteGait and NuStep, as well as an extensive activity in teaching and training of healthcare professionals. One of the company’s main focus area in teaching is training of the treatment of neurologic diseases such as stroke and traumatic brain injury. More information: www.mobilityresearch.dk ; www.LiteGait.com ; www.NuStep.com