Revolutionary Sports Training Innovation Gearing Up for a Global Roll-out

AsiaNet 49634

ESPOO, Finland, June 11/PRN=KYODO JBN/ --

    With new management, significant financial backing, and introduction of

wireless functionality, the developer of an innovative training guidance

solution now aims for global leadership.

    The Omegawave Solution

    The Omegawave training solution provides coaches and sport organizations

instantly relevant and personalized training advice on athletes.

    The solution measures the functional state of an athlete's cardiac,

metabolic and central nervous systems in just two minutes while the athlete is

at rest.

    The Omegawave solution helps coaches to optimize training and recovery

processes, decrease the risks of overtraining and injury, and improve athletes'

performance on the field, court, or road.

    The Background

    Rooted in Russian sports science and space medicine, Omegawave technology

was developed in the U.S. Its patented technology was originally based on

physiological data from 10,000 high-performing athletes and has been validated

in countless studies conducted by sports and research institutes worldwide.

    Already at the pre-market phase Omegawave has reached a significant

reference position with the U.S. Track & Field Olympic Committee, Olympic

federations worldwide, premier European football teams such as Manchester

United and FC Barcelona, and various American NFL, NHL, MLB, and MLS teams.

    Aiming for global leadership

    Omegawave now starts the global commercializing of its technology. As a

first step, Omegawave introduces wireless functionality for its measurement

solution:

    "Our new wireless application allows a full team to be assessed in even

half an hour, compared to days it took with conventional methods in labs. We

are also investing heavily in consumer applications and aim for a global

leading position in both professional and consumer markets. Omegawave is the

next generation of sports performance monitoring and readiness measurement for

people who take sports seriously," says Juha Pinomaa, CEO of Omegawave.

    New management and funding

    A new company and headquarters have been set up in Finland, with new

management and board of directors, backed up by investment from Conor Venture

Partners.

    Omegawave's new CEO is Juha Pinomaa. Pinomaa has served as President of

Suunto and held a number of executive positions at Nokia. Anssi Vanjoki,

Chairman of Amer Sports and former vice CEO of Nokia, will serve as Chairman of

the Board. Two of the original inventors of the patented Omegawave technology -

Leo Masakov, Research Director, and Val Nasedkin, VP Business Development -

will continue in the new company.

    "We believe Omegawave has significant potential for growth. The company has

come up with a unique solution that will serve a large untapped market and is

backed up by a strong management team," says Manu Makela, Founding Partner,

Conor Venture Partners.

    For more information, visit: http://www.omegawave.com

    For videos, including user videos, visit:

    http://www.youtube.com/user/omegawavetechnology

    Photos, additional quotes and names of additional contacts available on

request.

    SOURCE: Omegawave Oy