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Hapbee Technologies Inc
Symbol HAPB
Shares Issued 74,418,850
Close 2022-05-09 C$ 0.16
Market Cap C$ 11,907,016
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Hapbee Technologies releases sleep study results

2022-05-09 12:33 ET - News Release

Mr. Yona Shtern reports

HAPBEE RELEASES RESULTS OF SLEEP DATA STUDY SPANNING FIVE MONTHS OF USER TRACKING

Hapbee Technologies Inc. has released the results of a five-month survey that was conducted to garner sleep-related user feedback and data while utilizing Hapbee biostreaming blends. Data were collected from Hapbee users who submitted their Oura Ring sleep tracker data, primarily to quantify the effects of the company's sleep- and relaxation-related blends on users' sleep patterns.

"I am very enthused by our initial Oura Ring study results as they strongly confirm the self-reported and qualitative feedback we regularly receive from users about how Hapbee enhances their sleep and recovery, critical elements to overall wellness," said Yona Shtern, chief executive officer of Hapbee. "The $100-billion sleep market is a primary focus for Hapbee, and it offers lucrative opportunities for the company's future growth. This is why we are developing a dedicated Sleepbee line of products, including a sleep mask and mattress topper, anticipated to be made available for our customers later this year. Designed with sleep-oriented form factors, these two development-stage products will be able to deliver the same signals and blends utilized in the Oura Ring survey with the Hapbee Neckband."

In the first study analyzing the effects of Hapbee ultralow radio frequency energy (ULRE) biostreaming technology on sleep outcomes, improvements were seen on a variety of key sleep quality measures. Usage of magnetic signal blends formulated from the digital proxies of ingredients like melatonin and adenosine improved consumer wearable sleep tracker scores for quality of sleep, length of sleep, reduced restlessness as well as time to fall asleep.

Key learnings from the study not only corroborate self-reported improvements from many of the company's product users, but have also enabled Hapbee to develop a series of best practices (lifestyle routines) for optimal results, which is critical to enhance customer satisfaction. Continued research will inform the most effective uses, timing and sequencing of signals for improving sleep wellness.

Overview of the Oura Ring survey

Thirty-one Hapbee users provided the company with five months of Oura Ring sleep tracker biometric data between Sept. 1, 2021, and March 1, 2022. Data from the participants in Hapbee's study using the Oura Ring were derived from thousands of sleep sessions while enjoying the company's sleep signals and blends. The data were then analyzed based on 10 measures and contributors most closely related to sleep, including REM (rapid eye movement) sleep score, restless sleep, total sleep duration, total bedtime and various subcomponents of sleep score. Based on the data collected, the analysis revealed statistically significant positive correlations between using Hapbee's Deep Sleep and BedTime biostream blends and improved sleep scores versus the same user biometric data when they did not use Hapbee.

It is noteworthy that the study group's baseline sleep metrics were already in the good sleep range designated by Oura to begin with, and Hapbee use correlated to improvements above those starting points. This may be due to the fact that Oura Ring users are sleep quality conscious and could be using additional tactics to improve their sleep, which was further enhanced by Hapbee.

Refer to the results below

Melatonin (Deep Sleep) biostream blends:

  • Sleep score increased from a mean of 77.78 to 81.81.
  • Rapid eye movement sleep duration significantly increased by more than 13.5 minutes from 5,390 seconds to 6,214 seconds.
  • Nightly awake time was substantially reduced by almost eight minutes, indicating that the signal extended the users' REM sleep, a phase that helps with memory processing and learning, and shortened the amount of time users spent awake at night.
  • Nightly sleep latency was reduced by approximately three minutes from 785 seconds to 609 seconds, indicating that this blend reduced the amount of time users spent trying to fall asleep.

BedTime (Adenosine) biostream blends:

  • Sleep score increased from a mean of 77.93 to 82.87.
  • Nightly sleep latency was significantly reduced by approximately 3.5 minutes from 778 seconds to 564 seconds, indicating that biostreaming this signal reduced the amount of time users spent trying to fall asleep.

The largest improvement in an individual user's average sleep score and REM score was an increase of 17 per cent and 48 per cent, respectively, in which the Deep Sleep blend, formulated with the magnetic signal of melatonin, was played.

Oura Ring describes their sleep score:

  • 85 or higher: Your sleep is optimal;
  • 70 to 84: Your sleep is good;
  • Under 70: Your sleep is off and maybe balance seems off and there may be lifestyle changes you can make to improve it.

Limitations of survey

The gold standard of sleep measurement is the polysomnograph, or a clinical sleep study. Consumer wearable sleep trackers such as Oura Ring have been validated to approach polysomnograph accuracy; however, consumer-grade equipment still falls slightly behind clinical tools in terms of sleep tracking capability.

The data provided from users were self-reported and lacked consistency across all submissions. The retrospective nature of the data means there was no direction of product usage or sleep tracker usage consistency during the study period. Several user submissions were excluded from analysis due to missing data.

Market data

The global sleep aid market is projected to reach $111.92-billion by 2030. Hapbee plans to service this growing sector by developing new offerings that are sleep-oriented, which includes the aforementioned Sleepbee Sleep Mask and Sleepbee Mattress Topper (read the company's news release dated Feb. 22, 2022, for more information).

About Hapbee Technologies Inc.

Hapbee is a leading wearable wellness technology platform with a mission to help people improve their well-being and enhance how they feel. The company is the creator of the Hapbee Neckband, the Sleepbee Sleep Mask and the Sleepbee Bed Topper, which are all powered by an ultralow radio frequency energy (ulRFE) biostreaming platform that delivers low-power electromagnetic signals and blends designed to help optimize users' sleep, productivity, recovery and downtime.

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