TIDMCTAG

RNS Number : 0036R

CloudTag Inc.

05 December 2016

5 December 2016

CloudTag Inc.

("CloudTag" or the "Company")

Movement in Share Price

CloudTag (CTAG:LN), the company that brings personal monitoring to the wellbeing, fitness and digital health markets, notes the recent movement in the Company's share price and speculation that this relates to electronic correspondence from the Company's CEO which has also been made available on social media.

The Company confirms that, in the normal course of business, it expects to receive its first manufactured stock of its wearable device this month as was referred to in the announcement of 24 November 2016.

The Company also confirms that it is in early stage discussions with a further potential UK distributor and an online retailer. The outcome of these discussions are subject to normal commercial negotiations and there can be no certainty that these discussions will lead to any contractual agreements or sales.

A further announcement will be made in due course.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

Enquiries

 
 CloudTag Inc.               +1 345 949 45 44 
  Amit Ben-Haim               contact@cloudtag.com 
 Cairn Financial Advisers 
  LLP 
  (Nominated Adviser) 
  Tony Rawlinson, Jo         +44 (0) 20 7213 
  Turner                      0880 
 Tavistock Communications 
  Limited (Financial 
  PR) 
  Mike Bartlett, Andrew      +44 (0) 20 7920 
  Dunn                        3150 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

SPMBUBDDDDGBGLU

(END) Dow Jones Newswires

December 05, 2016 10:24 ET (15:24 GMT)

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