Emotiv Positioned as Market Leader in SharpBrains' New Report on The State of the Digital Brain Health Market 2012-2020

Report Recognizes Emotiv Achievements in Growing Category - SharpBrains Predicts Growth of Digital Brain Health Market to $6 Billion by 2020. End Quote

(1888PressRelease) December 08, 2012 - Hong Kong - Emotiv, neuroengineering company that has brought to market affordable, high-resolution, multichannel EEG systems, announced today that independent market researcher SharpBrains, Inc. has positioned the company in the Market Leaders quadrant of its highly regarded Market-Research Momentum Matrix, unveiled as part of the new report titled The State of the Digital Brain Health Market 2012-2020 - Transforming Health with Digital Tools to Assess, Monitor, and Enhance Cognition across the Lifespan. The biennial report offers insights into the rapidly evolving brain health space, with detailed trend analysis and growth projections.

"We are actively pursuing developments in applications for low cost EEG in the brain health space." said Geoff Mackellar, CTO of Emotiv. "We are delighted to be recognized for our efforts and we expect to make many exciting announcements over the coming months to crystallize some of the promise of this exciting new trend."

"Given the challenge ahead, it is rewarding to see a new generation of technologies and methodologies being developed to monitor and improve brain health in scalable ways" said Alvaro Fernandez, CEO of SharpBrains. "Emotiv came out as a clear Market Leader in our analysis, so we are glad to recognize it as a true innovator in the growing digital brain health field."

SharpBrains conducted in-depth analysis of more than 200 companies in the space and identified 5 Market Leaders and 10 Companies to Watch in 2013/2014. The company also polled a large group of prominent scientists to identify the most important innovation opportunities from their published research and surveyed over 3,000 experts and early-adopters.

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