Titan Commerce to distribute NeuroSky MindSet and ThinkGear technology components in the EU

NeuroSky, Inc.Mar 9 2010

NeuroSky Brain-Computer Interface technology enhances interactivity between the mind and the world around it.

“We believe this is just the beginning of a larger revolution that will enable us to discover hidden and powerful abilities of our brain. Up to now, brainwave interpretation has been limited to a small niche of scientific and medical experts. Neurosky's technology opens this fascinating field to everyone.”

Today NeuroSky announced an agreement with Titan Commerce, in Linden Germany, for distribution and support operations of the NeuroSky MindSet and ThinkGear technology components to the EU; including the United Kingdom, Germany, France, Italy, Spain, etc. NeuroSky’s current distribution markets include the United States, Japan, Korea, Taiwan and China.

NeuroSky has a growing number of EU partners, including renowned universities, gaming companies and researchers. Richard Reilly Ph.D., professor at Trinity College in Dublin, Ireland states, “We have been impressed with the quality of data from the MindKit Pro, compared to our gold-standard EEG acquisitions system. It has opened new possibilities for the remote monitoring patients’ activity - a great benefit in patient care.”

David Wortley, Director of the Serious Games Institute at Coventry University in the UK states, “There is already evidence that the use of ‘off-the-shelf’ video games by children in hospitals can provide more effective pain relief and recovery processes than drugs, and devices like Neurosky’s could take these applications to a whole new level. The Holy Grail of computer-assisted learning has been an environment which supports self-directed learning and testing by recognising the ability and interest of the learner, and controlling the pace and direction of the learning experience to gain maximum interest and motivation.”

Act3Gaming, in France is creating science museums and exhibit space displays. Wissam Kahi, COO states, “We believe this is just the beginning of a larger revolution that will enable us to discover hidden and powerful abilities of our brain. Up to now, brainwave interpretation has been limited to a small niche of scientific and medical experts. Neurosky's technology opens this fascinating field to everyone.”

Roll 7, in the UK, develops software that communicate socially responsible and educational messages for youth. Currently they are developing a number of applications for the MindSet.

CEO of NeuroSky Stanley Yang states, “BCI will become like what the Internet - something you don’t know how you lived without.” Jim Sullivan, Vice President of Worldwide Sales states, “Every partner brings in their own expertise, providing an almost limitless creative capacity for ways that BCI can excite and benefit their customers.”

The first NeuroSky products, like Mattel’s Mindflex, were received with phenomenal success, including the People’s Play Award for “Best Game of the Year”; was rated one of the top five toys by Bloomberg; and was so popular it sold out well before Christmas 09’.