Barkby Group PLC (The) Cambridge Sleep Sciences Ltd launches 'SleepHub(TM)'
23 October 2020 - 5:00PM
RNS Non-Regulatory
TIDMBARK
Barkby Group PLC (The)
23 October 2020
23 October 2020
The Barkby Group PLC
("Barkby" or the "Company")
Cambridge Sleep Sciences Ltd launches 'SleepHub(TM)' - A device
to help restore natural sleep
Further to the acquisition of the IP of Cambridge Sound
Technologies UK Ltd in April 2020 and in line with our business
plan to launch a product in the second half of 2020, Barkby, the
diversified business group, is pleased to announce that its
subsidiary Cambridge Sleep Sciences Ltd has launched its brand-new
product, SleepHub(TM), a device which improves and facilitates
natural sleep.
SleepHub(TM)is designed to help restore natural sleep cycles and
improve wellbeing by using rhythms and pulses to emulate brain
waves produced during sleep.
The product will retail at GBP599 per unit in the UK and is now
available online at sleephub.com, and through selected partners.
Sleep technology is an increasing area of focus and a growth area
in the wider holistic wellness space which Cambridge Sleep Sciences
Ltd is aiming to be at the forefront of.
Cambridge Sleep Sciences Ltd is in advanced discussions with a
number of major retailers who are interested in stocking the
product and we will update shareholders on progress in due
course.
Charles Dickson, Executive Chairman of The Barkby Group Plc,
commented:
"We are extremely excited by the significant benefits that
SleepHub(TM) can deliver, helping them address the root cause of
poor-quality sleep and insomnia. Through the combination of science
and technology we have developed an excellent product that has the
potential to free individuals from sleep anxiety and the side
effects of sleep deprivation, which can lead to a range of physical
and mental health issues."
Enquiries:
The Barkby Group PLC
Charles Dickson, Executive Chairman
Douglas Benzie, Chief Financial Officer
+44 (0) 20 7220
finnCap Ltd (Nomad and Broker) 0500
Carl Holmes/Simon Hicks (corporate finance)
Tim Redfern/Richard Chambers (ECM)
+44 (0) 20 3757
Camarco (Financial PR) 4994
Jennifer Renwick/Jake Thomas
Notes to editors
About SleepHub(TM):
SleepHub(TM) is designed to help restore natural sleep cycles
and improves wellbeing. It has four modes scientifically designed
to act as a natural sleep aid by using rhythms and pulses to
emulate brain waves produced during sleep.
The four modes guide the consumer through a series of sleep
cycles to support them throughout the night and imitate the brain's
natural sleep patterns. A variety of soundscapes complement each
mode, enabling the brain to relax and find its natural sleep
pattern. These sounds enable the brain to re-train and revert to
those natural sleep cycles and help the consumer feel
reinvigorated.
About The Barkby Group Plc:
The Barkby Group PLC is a diversified group of high growth, high
quality businesses run by an entrepreneurial and experienced
management team. The existing wholly owned businesses within Barkby
include; Commercial Property Development, Barkby Hospitality
(comprising Barkby Pubs and Workshop Coffee) and Centurian
Automotive.
In addition to these businesses, Barkby Life Sciences has
invested in VivoPlex, a digital health company aiming to transform
Women's Health with precision medicine, and it has signed an
agreement with Cambridge Sound Technologies UK Ltd for the
exclusive design of, and acquisition of the intellectual property
rights related to, a device to improve and facilitate natural
sleep
Barkby's strategy is to accelerate and maximise opportunities
within its existing businesses as well as continue to source and
invest in cash generative, growth businesses with the ability to
disrupt.
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END
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