All Press Releases for July 27, 2020

Tombot Inc. gets listed on THE OCMX™

The OCMX™ is pleased to announce the listing of Tombot Inc. to its online portal which offers Investors and Advisors the ability to participate in this opportunity.



    VALENCIA, CA, July 27, 2020 /24-7PressRelease/ -- Tombot makes robotic animals that transform the daily life of individuals, families and communities facing health adversities. Originally designed to meet the specific medical needs of seniors with dementia, Tombot Puppies have also been pre-ordered for children with Autism, adults with high impact chronic pain, major depressive disorder, anxiety, bipolar disorder, and PTSD, and for long inpatient stays and arduous outpatient treatments at hospitals.

Peer-reviewed studies show that robotic animals positively affect some users' ability to cope with stress, anxiety, loneliness, depression and pain, reducing their need for psychotropic and opioid medications.

Tombot Puppies will be the first robotic animals to be both an FDA medical device and a remote patient monitoring platform.

The OCMX™ is pleased to announce the listing of Tombot Inc. to its online portal which offers Investors and Advisors the ability to participate in this opportunity.

The OCMX™ has spent considerable time completing its due diligence on Tombot Inc. and concluded that there is indeed a tremendous opportunity for Investors and Advisors.

The OCMX™ noted that Tombot Inc. exhibits the main components of any solid investment opportunity, namely a solid management team, a great track record, and a number of key competitive advantages.

OPPORTUNITY HIGHLIGHTS

1. Very large growth opportunity
Mental health: dementia, autism, loneliness, anxiety, depression, and social isolation are at pandemic levels around the world. Very few non-pharmacological products exist to mitigate symptoms. Tombot is the first hyper-realistic robotic animal designed to emulate the health benefits of the human-animal bond.

2. Barriers to entry
Robots are capital intensive. It requires years of R&D, customer research, and certification testing to bring a new product to market. Further, FDA and ISO 13,485 regulatory requirements increase the burden of new product entry.

3. First mover advantage
As both the world's most realistic robotic animal, and the first advanced robotic animal of any kind under $2,900, Tombot will be able to define its product category with both its technology and its brand.

MANAGEMENT TEAM

Tom Stevens, Co-Founder and CEO
Tom has over 30 years' experience as a high tech C-level executive. He has been in the computer industry since 1985 – the early days of the PC revolution. At Novell, Tom was repeatedly promoted and given responsibilities that would only have been attainable after decades of service in more mature industries. These early experiences gave Tom the education and confidence to join ACT as a partner in late 1989. Working as a member of ACT's Office of the President, Tom oversaw all client-facing activities including sales, marketing, consulting, new product development, and strategic 3rd party relationships. ACT's core leadership team built the company into one of the world's largest and most-respected litigation automation firms.

Tom applied his experience and education to Tombot's product development. Using a data-driven and human-centered design approach, Tom's leadership has produced a product that not only out-performs every other product on the market, but is also more highly-desired by our customers. Tom utilized his previous experience as an operator to institute the core financial, accounting, HR, sales and marketing systems to efficiently run and control Tombot's key management disciplines.

Tom's focus on organizational culture is the root source of Tombot's success for taking diverse and independent high-performing team members and forming teams that generate synergistic results. Tom holds a Master's in Business Management from Stanford University.

Hank Schorz, Co-Founder and CTO
Hank has been a Chief-level executive for more than 40 years. As an engineering and operations expert, Hank has built multiple companies into industry leaders. Hank's technical curiosity and systems mentality give him the unique ability to fundamentally understand all of the elements of complex systems and processes. These skills have been applied to consumer electronics design and manufacturing, custom software development, computer systems integration, and very large data processing and management.

Hank has also spent many years as a hobbyist roboticist and remote-control airplane builder and competitor. These experiences, combined with his career in engineering and systems design gave Hank the insight on how to technically execute the Tombot robots. Inventing the perception and control systems for our robots, Hank's ingenuity has led to the filing of a comprehensive family of patents.

Jesse Schorz, Co-Founder and COO
Jesse has spent close to 20 years in management and leadership positions. Jesse built and managed high-performing internal engineering and operations teams – the largest operating divisions at ACT. Jesse also oversaw very large contract teams and 3rd party suppliers. These experiences have led Jesse to develop best-practices operations systems.

In addition to his technical skills and business acumen, Jesse is a "get stuff done" guy. Creating and adhering to operating budgets and timelines are core strengths. Jesse's skills begin with the innate ability to accurately forecast budgets and timelines. Accurate projections are critical for the financial management of Tombot, and for setting appropriate customer and investor expectations.

In addition to setting-up Tombot's IT and operations systems, Jesse constructed and produced all of the realistic behaviors in our prototypes. Jesse leads all aspects of the identification and selection of Tombot's supply chain, including the performance testing of key components.

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Contact Information

David Clarke
OCMX
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Canada
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