On Thursday, Samsung Strategy and Innovation Center and Nestlé Institute of Health Sciences announced a collaboration to harness the power of IoT technology and nutrition science to provide new insights into healthy living.
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Internet of Things, Samsung's and Nestlé's plans, the potential of the combined platform to produce new apps and services, and the ability of the collaboration to improve the health and wellness of individuals. These and any other forward-looking statements in this release are based on management's current expectations of future events and are subject to a number of risks and uncertainties that could cause actual results to differ materially and adversely from those set forth in or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, the changes in the digital health market and the regulatory environment, difficulties in integrating technologies of the two companies , inability of the companies to allocate sufficient financial and other resources to the collaboration; and early termination of the collaboration. The companies are providing the information in this release as of this date and do not undertake any obligation to update any forward-looking statements contained in this release as a result of new information, future events or otherwise.