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

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June 11, 2012
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Revolutionary Sports Training Innovation Gearing Up for a Global Roll-out

ESPOO, Finland, June 11, 2012/PRNewswire/ --

    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

Juha Pinomaa, CEO, Omegawave Oy, Juha.Pinomaa@omegawave.com, Tel +(358)-405000281

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