Press release

Cognitive Systems to Advance Leading-Edge WiFi Motion Technology with Support from the Strategic Innovation Fund

Sponsored by Businesswire

Systems Corp.
 today unveiled its plans for a $7.3 million investment
from the Canadian government, via the Strategic Innovation Fund. This
fund is designed to support Canadian companies that are breaking new
ground in various industries. With this funding, Cognitive Systems will
further the implementation of its patented WiFi Motion™ technology,
particularly algorithm refinement, for further advancements in motion

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Cognitive Systems’ Co-Founders Taj Manku (CEO) and Oleksiy Kravets (CTO) together with Navdeep Bains ...

Cognitive Systems’ Co-Founders Taj Manku (CEO) and Oleksiy Kravets (CTO) together with Navdeep Bains, Canada’s Minister of Innovation, Science and Economic Development and Mike Lazaridis, Managing Partner and Co-Founder of Quantum Valley Investments. (Photo: Business Wire)

Cognitive Systems’ WiFi Motion is a disruptive technology at the
forefront of the smart home market. When incorporated into routers and
gateways, the technology monitors wireless signals within an existing
WiFi environment to alert users of motion and apply predictive analytics
and learning patterns over time for a fully automated and customized
user experience. WiFi Motion’s algorithms use advanced artificial
intelligence (AI) and localization capabilities to classify these
signals and provide context around when and where motion has occurred.
The technology accommodates the fact that there is no standard home, as
every space experiences different signal interference, devices competing
for bandwidth, expected motion and user preferences.

With 37 patents granted to date and more than 140 pending, Cognitive
Systems owns the largest and most relevant patent portfolio in the
motion detection space. By using the WiFi technology that is found in
nearly every home, and requiring no additional hardware, WiFi Motion is
a highly affordable monitoring solution for end users.

With this investment from the Canadian government, Cognitive Systems
will advance WiFi Motion’s AI engines and drive additional benefits to
users, including more advanced motion localization and wellness
monitoring features. Cognitive Systems will also use WiFi Motion to
optimize energy management in the connected home. This will allow for
automatic prediction and response to user behaviour such as turning off
and on energy-draining devices, like lights and heating systems, based
on when people are detected in the home. Cognitive Systems will hire
additional team members to continue expansion efforts in other markets.

“Cognitive Systems is honoured to be recognized by the Canadian
government through the Strategic Innovation Fund,” said Taj Manku, CEO
and co-founder of Cognitive Systems. “This investment confirms our
commitment to driving change in the smart home space. We’ve made
significant strides in the security market with our recent partnerships
and we look forward to expanding our market portfolio into smart home
and wellness markets with this fund. Cognitive Systems is poised to
continue leading the industry with advanced algorithms and motion
sensing capabilities that will be embedded into third-party hardware.
This will help us to achieve our vision of the fully connected,
cognitive smart home.”

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About Cognitive Systems

Cognitive Systems Corp., is on a mission to transform the way WiFi
networks are used. Its flagship technology, WiFi Motion™, uses wireless
signals to detect motion in the home. WiFi Motion harnesses artificial
intelligence and predictive analytics to reliably identify and localize
motion for the smart home, security and wellness monitoring markets.
This patented technology is layered onto existing WiFi networks without
additional hardware to enhance service provider and router manufacturer