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Tap2Tag seeks further investment for growth plans

21 January 2016

19 January 2016 update

We are nearly there with the preparation of of launch onto the CrowdCube fund raising website but we just wanted to let you know how you can register in case you would like to invest in this exciting business and help us on our journey.  Take a look at our latest help page by clicking here.  We will also be working on the video for our pitch on Wednesday, which should be up on our YouTube channel by the end of the week.

We have some more exciting news to tell but we will be keeping the cards close to the chest for a few more days.  Make sure that you have signed up to our newsletter and our Facebook page to get the information first.

Serendipity...

Since we launched tap2tag in May 2014 we have been stoking fires in all corners of the UK's healthcare market.  Some fires burn brightly for a time then dwindle away and others have been slow to ignite.  As we come up to the Christmas period it seems as though all fires (and interest) are bursting into life.

Our scheduled appearance on Dragons' Den on BBC2 on the 27 December 2015 appears to be the catalyst for the next stage in tap2tag's development.  But it is also a time where we have finally managed to get tap2tag onto the product listing for Lloyds Pharmacy and Amazon.  The NHS in East Kent have confirmed that they want to commence a trial of our products, under the scrutiny of the University of Kent, to see how the devices can help those with learning difficulties as well as renal patients.  Interest in the UK is growing rapidly and with exposure of the product to around 5% of the UK's population on the 27 December, we think that developments will grow considerably in 2016.

But interest has also come from overseas.  We are in advanced discussions with a distributor in Canada who wants to launch tap2tag in the North American marketplace.  Interest has also come from a consortium in Germany, headed by a professor in medicine from Mainz University.  We have also been discussing with a distributor in Ghana, Kenya and Nigeria about the potential for getting tap2tag into sub-Saharan countries too.

To capitalise on this interest we need further investment.  As a result we have applied to CrowdCube.com  to launch a crowd funding share issue to raise funds to grow the business in a structured fashion.  The CrowdCube offering will be made via their website and it is hoped to have this live by the end of December 2015.  But please remember that your capital invested is at risk from any such investment.

We will, of course, keep you updated.  Please sign up to our newsletter (at the foot of our home page) and we will bring you the latest news when we have it.

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