ESPOO, Finland, June 11, 2012 /PRNewswire/ --

With new management, significant financial backing, and introduction of wireless functionality, the developer of an innovative training guidance solution now aims for global leadership.

The Omegawave Solution

The Omegawave training solution provides coaches and sport organizations instantly relevant and personalized training advice on athletes.

The solution measures the functional state of an athlete's cardiac, metabolic and central nervous systems in just two minutes while the athlete is at rest.

The Omegawave solution helps coaches to optimize training and recovery processes, decrease the risks of overtraining and injury, and improve athletes' performance on the field, court, or road.

The Background

Rooted in Russian sports science and space medicine, Omegawave technology was developed in the U.S. Its patented technology was originally based on physiological data from 10,000 high-performing athletes and has been validated in countless studies conducted by sports and research institutes worldwide.

Already at the pre-market phase Omegawave has reached a significant reference position with the U.S. Track & Field Olympic Committee, Olympic federations worldwide, premier European football teams such as Manchester United and FC Barcelona, and various American NFL, NHL, MLB, and MLS teams.

Aiming for global leadership

Omegawave now starts the global commercializing of its technology. As a first step, Omegawave introduces wireless functionality for its measurement solution:

"Our new wireless application allows a full team to be assessed in even half an hour, compared to days it took with conventional methods in labs. We are also investing heavily in consumer applications and aim for a global leading position in both professional and consumer markets.  Omegawave is the next generation of sports performance monitoring and readiness measurement for people who take sports seriously," says Juha Pinomaa, CEO of Omegawave.

New management and funding

A new company and headquarters have been set up in Finland, with new management and board of directors, backed up by investment from Conor Venture Partners.

Omegawave's new CEO is Juha Pinomaa. Pinomaa has served as President of Suunto and held a number of executive positions at Nokia. Anssi Vanjoki, Chairman of Amer Sports and former vice CEO of Nokia, will serve as Chairman of the Board.  Two of the original inventors of the patented Omegawave technology - Leo Masakov, Research Director, and Val Nasedkin, VP Business Development - will continue in the new company.

"We believe Omegawave has significant potential for growth. The company has come up with a unique solution that will serve a large untapped market and is backed up by a strong management team," says Manu Mäkelä, Founding Partner, Conor Venture Partners.

For more information, visit: http://www.omegawave.com

For videos, including user videos, visit: http://www.youtube.com/user/omegawavetechnology

Photos, additional quotes and names of additional contacts available on request.

SOURCE Omegawave Oy