ITRI, Xplova, and Everest Textile Sign Cooperation Agreement on Digital Fitness Platform at CES 2020
January 08, 2020 at 01:45 am EST
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The Industrial Technology Research Institute (ITRI), Xplova, and Everest Textile signed an MoU (Memorandum of Understanding) on Jan. 7, 2020 at the CES 2020 in Las Vegas to announce their cooperation on the development of a digital fitness platform. The cooperation will see the three parties team up to develop innovative applications in smart sports and digital health around ITRI’s iStimUweaR, a CES 2020 Innovation Awards Honoree. The aim is to promote such applications in the smart sports sector and help firms to gain a competitive edge in the global markets. The agreement, witnessed by ITRI President Edwin Liu, was signed by ITRI Senior Vice President Jia-Ruey Duann, Director of Xplova Jia-Yan Chen, and Everest Textile VP Eric Wu. Under the MoU, each party is able to play to their strengths. ITRI, for instance, has a smart wearable system that can be integrated into fabrics for exercise performance evaluation and healthcare improvement. Everest Textile, a major supplier to the world’s greatest sports brands including Nike, Decathlon, Lululemon, and The North Face, will produce innovative, high value-added textile products such as smart garments and accessories for cyclists. Xplova, a subsidiary of Acer Inc. that specializes in smart cycling computer, can combine these products with its smart devices and technology platform to collect data and provide cyclists feedback.
EVEREST TEXTILE CO., LTD is a Taiwan-based company principally engaged in the manufacture, processing, dyeing and distribution of textile products. The Company provides finished fabrics and processing yarns, including polyester textured yarns, suede fabrics, lycra elastic woven materials, ultra-thin fiber fabrics, functional high density fabrics, pre-dyed fabrics, waterproof fabrics, quick-drying fabrics, smart fabrics, ultra-light fabrics and others. The Company distributes its products mainly to overseas markets, including Europe, the Americas, Japan, South Korea, Hong Kong, the Middle East, Southeast Asia, Australia and others.