Rockley Photonics’ biosensing technology enters evaluation phase with leading consumer wearable customers

Rockley has reached a brand new milestone in its efforts to remodel shopper well being monitoring by sensing non-invasive very important indicators

VitalSpex™ Professional Expertise Cargo Expands Rockley’s World Shopper Electronics Buyer Record

Main wearable producer to discover incorporating a brand new class of optical biomarker sensors into next-generation shopper units

Oxford, England and Pasadena, California, June 16, 2022– (work wire) – Rockley Photonics Holdings Restricted (NYSE: RKLY) (“Rockley”), the worldwide chief in photonics-based well being monitoring and communication options, at this time introduced {that a} Tier 1 wearable buyer has begun an analysis program utilizing Rockley’s present sensor know-how. on photonics, which have been just lately shipped to the shopper. Beneath the analysis program, Rockley’s non-invasive biomarker measurement options might be evaluated for potential integration into the shopper’s wearable merchandise sooner or later. The primary-tier buyer provides to Rockley’s rising listing of worldwide shopper electronics producers to obtain shipments of Rockley’s VitalSpex™ Professional know-how, which is anticipated to allow non-invasive measurement of alcohol, glucose and lactate from a wrist-worn system.

Dr. Andrew Rickman, Chairman and CEO of Rockley, stated, “We’re excited to enter this new section of improvement – ​​and to additional our relationship with one of many world’s main wearables corporations. This analysis program demonstrates the super potential of our biosensing platform, and represents An vital milestone on the best way to integrating non-invasive biomarker sensing into shopper units.Working with this buyer, and with different prospects, our platform’s skill to ship distinctive insights into an individual’s well being and wellness – presence can outline the following technology of shopper well being monitoring and assist obtain The objective is to enhance individuals’s well being.

The buyer wearables buyer is one in all twelve shopper electronics prospects which have actively contracted with Rockley. By incorporating Rockley’s superior biosensing know-how, Rockley-powered wearables can allow routine, near-instant, non-invasive monitoring of a variety of significant indicators, together with core physique temperature, blood stress, coronary heart charge, and blood oxygen Physique hydration, alcohol, lactate, glucose, and so on.

Extra details about Rockley’s digital well being monitoring resolution is out there right here: https://rockleyphotonics.com/biomarker-sensing

About Rockley Photonics

Rockley Photonics, the world chief in photonics-based well being monitoring and communication options, is a complete portfolio of photonic built-in circuits, modules, sensors and related full options. From next-generation sensor platforms designed particularly for cellular well being monitoring and machine imaginative and prescient to high-speed, high-volume options for knowledge communications, Rockley is laying the groundwork for a brand new technology of purposes throughout a number of industries. Rockley believes that photonics will finally turn into as prevalent as microelectronics, and has developed a platform with the energy and suppleness wanted to deal with massive markets and a variety of vertical purposes.

Based in 2013, Rockley is uniquely positioned to assist large-scale manufacturing and deal with a number of high-volume markets. Rockley has partnered with many Tier 1 shoppers throughout quite a lot of industries to ship the complicated optical programs required to deliver transformative merchandise to market.

To study extra about Rockley, go to rockleyphotonics.com.

Cautionary be aware relating to forward-looking statements

Statements on this press launch that aren’t historic details represent “forward-looking statements” for functions of the protected harbor provisions of the Non-public Securities Litigation Reform Act of 1995. These forward-looking statements embrace statements relating to Rockley’s expectations, beliefs, future plans, objectives and assumptions relating to future occasions or efficiency. The phrases “speed up,” “progress,” “count on,” “perception,” “can,” “skill,” “proceed,” “may,” “develop,” “allow,” “estimate,” “finally,” “Broaden”, “Anticipate”, “Focus”, “Ahead”, “Future”, “Purpose”, “Intent”, “Might”, “Might”, “Alternative”, “Expectation”, “Planning”, “Potential, or discuss with future occasions, traits or expectations, and expressions related or damaging to such expressions could establish forward-looking statements, however the absence of such phrases or phrases doesn’t imply that the assertion just isn’t forward-looking. Ahead-looking statements on this press launch embrace, for instance: With out limitation, knowledge referring to: (a) the capabilities of the Rockley Sensor Platform to offer real-time insights into quite a lot of well being situations and allow early detection of illness states by routine, near-real-time, non-invasive itoring a variety of biomarkers (b) the power of our program to establish the following technology of shopper well being monitoring and assist obtain the objective of enhancing individuals’s well being; (c) Rockley’s perception that photonics will finally turn into as prevalent as microelectronics tightness; and (d) Rockley’s skill to assist large-scale manufacturing, deal with a number of high-volume markets, and ship the complicated optical programs required to deliver transformative merchandise to market.

Ahead-looking statements are topic to numerous dangers, uncertainties (lots of that are past Rockley’s management) or different assumptions that would trigger precise outcomes or efficiency to vary materially from these expressed or implied by such forward-looking statements. These dangers and uncertainties embrace, however should not restricted to: (i) Rockley’s skill to attain buyer acceptance and business manufacturing of its merchandise and applied sciences, together with in a well timed and cost-effective method; (ii) Rockley’s skill to attain consumer design success and convert MOUs and improvement contracts into manufacturing contracts; (iii) Dangers associated to buy orders, together with the absence of long-term buy commitments, cancellations, reductions, delays, or different adjustments to a buyer’s buy orders, and whether or not, and to the extent prospects search, to enter in licensing preparations in lieu of procurement; (iv) Rockley’s historical past of losses and the necessity for extra capital and its skill to entry extra financing to assist its operations and perform its marketing strategy, in addition to the related dangers; (5) authorized and regulatory dangers; (6) the dangers related to the no-manufacturing mannequin and reliance on third get together suppliers; (vii) Rockley’s dependence on just a few vital shoppers for almost all of its income and skill to broaden and diversify its consumer base; (8) Rockley’s monetary efficiency; (ix) impacts of COVID-19 on Rockley, its prospects and suppliers, goal markets, and the worldwide financial system; (x) Rockley’s skill to efficiently handle development and its operations as a public firm; (11) fluctuations within the share worth of Rockley and Rockley’s skill to maintain its widespread inventory listed on the New York Inventory Change; (12) Rockley’s skill to anticipate and reply to trade traits and buyer necessities; (13) adjustments in present and future markets by which Rockley is or could also be concerned; (14) competitors and mental property dangers; (15) the market alternative and demand for Rockley’s merchandise and know-how, in addition to the shoppers’ merchandise into which Rockley’s merchandise and know-how are integrated; (16) dangers associated to worldwide operations; (17) dangers associated to cyber safety, privateness and infrastructure; (18) dangers associated to monetary and accounting issues; (xix) basic financial, monetary, political and business situations, each home and overseas; and (20) Rockley’s skill to ship the anticipated advantages from strategic partnerships, in addition to different components described underneath “Threat Components” in Rockley’s annual Report on Kind 10-Ok, and in different paperwork that Rockley recordsdata with the Securities and Change Fee sooner or later.

The forward-looking statements contained on this press launch are based mostly on varied assumptions, whether or not or not recognized on this press launch, and on Rockley’s present expectations, beliefs and assumptions and should not predictions of precise efficiency. If any of those dangers or uncertainties materialize, or if any of those assumptions show incorrect, precise outcomes may differ materially from these mentioned or implied in these forward-looking statements. There may be no assure that future developments affecting Rockley might be people who have been foreseen. These forward-looking statements communicate solely as of the date of this doc and Rockley doesn’t intend to replace or revise any forward-looking statements, whether or not due to new data, future occasions or in any other case, besides as required by legislation.

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Contacts

The media
Debra Rain
rain makers
Telephone quantity: +1 415-349-7432
E-mail: rockleyphotonics@rainemakers.com

Buyers
Gwen Lauper
Rockley Photonics
Telephone: +1 626-995-0001
E-mail: enterprise@rockleyphotonics.com