CloudTag plc (AIM: CTAG) - another company looking to expand into the wearable device market
CloudTag operates in the health, wellbeing and fitness market with its MyCloudTag App, available for iOS and Android. MyCloudTag gives accurate data and performance monitoring information to help users make positive changes to their health and fitness lifestyle.
CloudTag was admitted to AIM as a start up in March 2013, and raised £1.5m at IPO. In 2014 the Group raised more money which allowed them to launch their product; the MyCloudTag App. The App, which has been very well reviewed, is free to download and workout plans can be purchased, for a small amount, within the app.
Today CloudTag announced that they will launch their first wearable device product at the…
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