Cognetivity Neurosciences Wins Health & Technology Awards
Company’s technology awarded ‘Best use of AI and Automation Tools’ by The Health Tech Awards 2021 and ‘Best Use of AI in the Cloud’ by Cloud Excellence Awards 2021
Vancouver, British Columbia, October 13th, 2021 – Cognetivity Neurosciences Ltd. (the “Company” or “Cognetivity”) (CSE: CGN; OTCQB: CGNSF; FWB: 1UB) today announced that it has won two national awards recognizing its AI-powered platform for the early detection of cognitive decline and impairment, enabling the early diagnosis of conditions such as dementia and in particular Alzheimer’s disease.
Alongside its integration partner, Intersystems, the Company was announced as winner in the ‘Best use of AI and Automation Tools’ category by The Health Tech Awards 2021. The awards recognize the NHS, industry and innovators’ efforts to enhance the healthcare sector. The class of 2021’s offering featured digital teams, programmes, innovations and health tech suppliers that were felt to have made a significant difference through the year.
Cognetivity’s successful collaboration with Intersystems also saw them named the ‘Best Use of AI in the Cloud’ by judges at the Cloud Excellence Awards 2021. The awards recognize the very best of the UK’s cloud industry, from the most innovative and compelling products and vendors, through to the top use cases from end-user firms.
Cognetivity’s CEO Dr Sina Habibi commented “It is a great honour to be nominated alongside so many impressive organizations in UK technology and healthcare that have made such significant impacts during this year. We’re incredibly excited about our next phase of growth. We have a compelling commercial offering, and with our excellent integration partner Intersystems it is able to be deployed seamlessly and at scale across international healthcare systems to allow doctors to make better informed decisions that can lead to much improved outcomes for their patients.”
Cognetivity’s ICA platform is approved by the UK’s Medicines and Healthcare Products Regulatory Agency and has been already deployed within the UK National Health Service (NHS) by the outstanding rated mental health organisation North Staffordshire Combined Healthcare NHS Trust since September 2020. It is also currently in use in primary care by the Sunderland GP Alliance and across the patient pathway in the UK’s second largest city by the Birmingham and Solihull Mental Health NHS Foundation Trust. The company’s technology is also now being deployed in healthcare in North America, and the United Arab Emirates.
About Cognetivity Neurosciences Ltd.
Cognetivity is a technology company that has created a cognitive testing platform for use in medical, commercial and consumer environments. Cognetivity’s ICA uses Artificial Intelligence and machine learning techniques to help detect the earliest signs of impairment by testing the performance of large areas of the brain to support diagnosis of dementia. It has achieved regulatory approval for clinical use in the UK and Europe with future clinical approval anticipated in North America and elsewhere in the world.
For more information, please visit: www.cognetivity.com or contact: info@cognetivity.com
For media enquiries, please contact: Josh Stanbury | josh@sjspr.co | 416-628-7441
ON BEHALF OF THE BOARD
“Sina Habibi”
Sina Habibi
Chief Executive Officer and Director
FORWARD-LOOKING STATEMENTS:
Certain statements included in this news release constitute forward-looking information or statements (collectively, “forward-looking statements”), including those identified by the expressions “anticipate”, “assume” “believe”, “plan”, “estimate”, “expect”, “intend”, “may”, “should” and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts but reflect current expectations regarding future results or events. This news release contains forward looking statements. These forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Such statements are based on current expectations and various estimates, factors and assumptions and involve known and unknown risks, uncertainties and other factors. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future. The Company assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by law. Readers should not place undue reliance on the Company’s forward-looking statements.
The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.
SOURCE Cognetivity Neurosciences Ltd.
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