Exmovere Holdings Unveils Wearable Transportation Device

Chariot Wearable Transportation Device by Exmovere Holdings Inc. Photo by Liz Roll.

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MCLEAN, Va.--()--This week Exmovere Holdings is presenting a series of demonstrations of a self-balancing, hands free concept vehicle called the Chariot. The Chariot is a wearable, sensor-activated pod designed for use by amputees and others who have difficulty standing. The demonstrations are being held at Exmovere's McLean, Virginia headquarters from April 7th until April 10th.

Unlike other self-balancing vehicles, the Exmovere Chariot is controlled by subtle movements of the lower torso and hips. Sensors inside the cocoon-like shell of the vehicle predict the intended motion of the wearer. The Chariot requires no manual dexterity, minimal physical effort and allows wearers to closely approach and reach objects. The upright form of the Chariot allows its wearer to make direct eye contact with others. The Chariot is battery powered and can travel up to 12 miles per hour.

According to David Bychkov, CEO of Exmovere, “The Chariot represents an exciting path for our company. Whereas our team was originally focused on designing sensor products that monitored signs of life, the Chariot's sensors are designed to make life more livable. We especially hope that the Chariot will offer dignity, strength and increased mobility to those who were wounded serving our country.”

Production versions of the Chariot will integrate Exmovere's proprietary vital sign sensors, environmental and ground clearance sensors, wireless and cellular connectivity, a smaller form factor and unique options for military and law enforcement customers. Exmovere will also develop a feature of the Chariot that can switch the wearer from upright to seated position. Exmovere seeks to partner with an automotive manufacturer to eventually launch a performance-oriented Chariot.

Exmovere Holdings is a biomedical engineering company that specializes in emotion sensing applications for healthcare, homeland security and mobility.

Certain statements in this press release that are not historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as “anticipate,” “believe,” “expect,” “future,” “may,” “will,” “would,” “should,” “plan,” “projected,” “intend,” and similar expressions. Such forward-looking statements, involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Exmovere Holdings Inc. (the “Company”) to be materially different from those expressed or implied by such forward-looking statements. The Company’s future operating results are dependent upon many factors, including but not limited to: (i) the Company’s ability to obtain sufficient capital or a strategic business arrangement to fund its current operational or expansion plans; (ii) the Company’s ability to build and maintain the management and human resources and infrastructure necessary to support the anticipated growth of its business; (iii) competitive factors and developments beyond the Company’s control; (iv) the companies ability to obtain and sustain regulatory approvals and (v) other risk factors discussed in the Company’s periodic filings with the Securities and Exchange Commission, which are available for review at www.sec.gov under “Search for Company Filings.”

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Contacts

Exmovere Holdings Inc.
Cheyenne Crow
VP and COO
703-245-8513

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Contacts

Exmovere Holdings Inc.
Cheyenne Crow
VP and COO
703-245-8513