Oculyze GmbH

August 14th, 2018, Wildau, Germany: Oculyze, a spinoff from the Technical

University (TH) Wildau and the world’s premier platform for mobile image analysis,

today announced that it had recently been awarded a Phase 1 grant of €50,000 by

the prestigious European Union Horizon Research and Innovation Program. In line

with the requirements for obtaining the initial phase approval, Oculyze delivered a

strategic presentation on the feasibility and commercial potential of its proprietary

mobile microscopy solution for veterinarians and dairy farmers, enabling them to

easily diagnose subclinical endometritis amongst dairy cattle with a high degree of

accuracy on the farm itself within seconds, without having to lug around huge

microscopes. Once treated, the affected cattle quickly recover and regain normal

output levels, improving herd well-being and increasing farmer revenue.

Commenting on the recent development, Kilian Moser, Co-founder and Chief

Executive Officer of Oculyze said:

“It is truly an honor to qualify past phase 1 and to be counted amongst the

chosen few, given the high level of competitive ideas and proposals submitted

by our like-minded contemporaries from across the EU. This approval,

reinforces our collective efforts at Oculyze and strengthens our commitment

towards delivering on our vision to provide automated image analysis to anyone

anywhere.

Our latest mobile microscopy innovation is based on the most sophisticated

image recognition techniques developed inhouse and provides automatic data

upload, storage, as well as results management within our easily accessible

cloud-based system.

We are now gearing up towards delivering on our objectives to include

prototyping, pilot lines and testing for performance and verification of data

amongst others as part of receiving the next level of funding. On behalf of our

co-founders, I take this opportunity to thank the EU and Horizon 2020 for their

faith in our service and product and commit to continue the work on developing

further innovative products.”

The Innovation Union is one of seven Europe 2020 strategy flagship initiatives, aimed

at securing Europe's global competitiveness for smart, sustainable and inclusive

growth. One of the key goals of the Innovation Union is to transform Europe unto a

world-class science performer with Horizon 2020 leading from the front as its financial

instrument geared solely towards implementation. Horizon 2020 is the biggest EU

Research and Innovation program, with nearly €80 billion in funding available over 7

years (2014 to 2020). The initiative was designed to fund excellent research and to

deliver on innovation- taking research outcomes to the market in order to enhance the

impacts of research investment.

Horizon 2020 brings together all existing EU research and innovation funding

combining the funding previously separately available from the Framework Program

for research and technological development (FP), the innovation-related activities of

the Competitiveness and Innovation Framework Program (CIP) and the European

Institute of Innovation and Technology (EIT).