Owlet Bolsters Development Opportunity by Appointing 25-calendar year health care veteran coming from Philips as New Healthcare Basic Supervisor

Senior management staff is strengthened to support generate the connected nursery ecosystem platform and telehealth-relevant development prospects

Owlet Baby Care Inc. (“Owlet” or the “Company”), the connected nursery ecosystem that delivers info-driven technological innovation to contemporary parenting, is pleased to announce that it has appointed Jim Fidacaro as Health care Normal Manager. The appointment of Fidacaro further more strengthens Owlet’s management staff growth as the business continues to disrupt and rework the connected nursery ecosystem of the long term.

Fidacaro arrives to Owlet as the Healthcare Standard Manager with 25 years of expertise in the healthcare business and a deep qualifications in electronic health care and health-related products. Prior to joining Owlet, Fidacaro drove Philips’ strategic roadmap for Healthcare Informatics and promoting operations for Hook up Treatment, subsequent roles as Vice President, Internet marketing and Small business Improvement at ImaCor, and C.E.O. of Synsei Professional medical, an early-phase wearable maternal and baby electronic health care firm, and an executive at Mindray, as Dean of the Engineering Analysis Institute. Fidacaro’s innovation knowledge extends to his as a holder of quite a few U.S. patents and numerous style and design awards.

“I met the Owlet team in their early phases, as I was leading other digital healthcare platforms, and was quite impressed with how they reside their mission to empower modern parenting around the globe with the ideal insights at the appropriate time,” claims Jim Fidacaro, new Healthcare Typical Manager at Owlet. “Right now, much more than 1.5 million parents have place their believe in in the Owlet brand, aiding them monitor about 850,000 toddlers with more than 4-trillion heartbeats tracked. I am honored to sign up for the Owlet relatives, a team that I consider has a details set that could revolutionize healthcare in pediatrics, and to speed up the electronic telehealth ecosystem and Synthetic Intelligence from dad and mom to babies.”

Owlet expects Fidacaro’s healthcare working experience to enable catapult the brand name ahead as Owlet seeks to situation itself as a leader in details-driven insights on infant wellbeing and telehealth. As an example of the opportunity energy of Owlet’s knowledge set, a latest study reviewed and accepted by the Institutional Assessment Board at the Cleveland Clinic and released in The Journal of Pediatrics uncovered the cumulative incidence of irregular heartbeat among infants working with the Owlet Good Sock to be significantly increased than charges described in prior scientific studies.

“I could not be much more self-confident in the foreseeable future of Owlet with the addition of Jim to help us develop Owlet as a linked nursery ecosystem with the potential to enable knowledge-driven telehealth at house,” mentioned Kurt Workman, CEO and founder of Owlet. “We think the Cleveland Clinic research is indicative of the varieties of significant insights that we can notice from our items, and we are thrilled to be ready to leverage Jim’s deep know-how of the health care industry and innovation in healthcare products and solutions as we continue on our growth trajectory. Our goal is to provide present day moms and dads elevated transparency and education about their children by our new and forthcoming product or service and program providers. Just about every dad or mum warrants to feel empowered through the journey of parenthood, and I know bringing Jim on board will assist get us nearer to achieving even far more mother and father globally.”

For more information about Owlet Child Treatment, remember to go to https://owletcare.com/.

About Owlet Infant Treatment

Owlet Little one Care was started by a crew of mothers and fathers in 2012. Owlet’s mission is to empower mothers and fathers with the correct facts at the ideal time, to give them far more peace of mind, and aid them obtain a lot more joy in the journey of parenting. Owlet’s electronic parenting system aims to give mom and dad real-time knowledge and insights to support moms and dads come to feel additional relaxed and self-assured. Owlet thinks that each individual parent deserves peace of mind and the prospect to truly feel their nicely-rested ideal. Owlet also thinks that each kid justifies to reside a extended, happy, and healthful existence, and is performing to establish merchandise to enable facilitate that belief.

More Information and The place to Locate It

In February, Owlet entered into a definitive merger settlement in February with Sandbridge Acquisition Corporation (NYSE: SBG) (“Sandbridge”), a particular reason acquisition business.

Sandbridge intends to file with the SEC a Registration Assertion on Variety S-4, which will consist of a proxy statement/prospectus, that will be both of those the proxy assertion to be dispersed to holders of Sandbridge’s Class A widespread inventory in connection with its solicitation of proxies for the vote by Sandbridge’s stockholders with regard to the business enterprise mix and other matters as may well be described in the registration assertion, as effectively as the prospectus relating to the present and sale of particular securities to be issued in the enterprise mixture. Right after the registration assertion is declared effective, Sandbridge will mail a definitive proxy assertion/prospectus and other applicable paperwork to its stockholders. This push launch does not consist of all the details that should really be regarded as relating to the proposed organization mix and is not meant to variety the foundation of any investment conclusion or any other determination in regard of the proposed business enterprise mix. Sandbridge’s stockholders and other fascinated people are encouraged to read, when offered, the preliminary proxy assertion/prospectus provided in the registration statement and the amendments thereto and the definitive proxy assertion/prospectus and other paperwork submitted in link with the proposed company blend, as these materials will consist of significant info about the Enterprise, Sandbridge and the proposed enterprise blend. When offered, the definitive proxy assertion/prospectus and other related components for the proposed business enterprise blend will be mailed to stockholders of Sandbridge as of a report date to be set up for voting on the proposed enterprise blend. Stockholders of Sandbridge will also be able to attain copies of the preliminary proxy statement, the definitive proxy statement and other documents filed with the SEC, with out demand, once obtainable, at the SEC’s website at www.sec.gov, or by directing a published request to: Sandbridge Acquisition Corp., 1999 Avenue of the Stars, Suite 2088, Los Angeles, California 90067.

Contributors in the Solicitation

Sandbridge and its directors and executive officers may possibly be deemed members in the solicitation of proxies from Sandbridge’s stockholders with respect to the proposed company mixture. The names of these directors and government officers and a description of their interests in Sandbridge is contained in Sandbridge’s final prospectus dated September 14, 2020 relating to its preliminary general public giving and in subsequent filings with the SEC, which are obtainable totally free of charge at the SEC’s internet site at www.sec.gov. To the extent these kinds of holdings of Sandbridge’s securities may well have adjusted because that time, these alterations have been or will be reflected on Statements of Modifications in Advantageous Ownership on Kind 4 submitted with the SEC. Further information and facts regarding the interests of these types of members will be contained in the proxy statement/prospectus for the proposed enterprise mix when out there.

Owlet and its directors and govt officers might also be considered to be individuals in the solicitation of proxies from the stockholders of Sandbridge in link with the proposed small business combination. A checklist of the names of this sort of directors and govt officers and information and facts about their pursuits in the proposed organization blend will be provided in the proxy statement/prospectus for the proposed small business mixture when available.

Ahead-On the lookout Statements

Sure statements, estimates, targets, and projections in this press release could be regarded as forward-searching statements. Ahead-searching statements usually relate to potential situations or Sandbridge’s or Owlet’s long term financial or operating effectiveness. For illustration, statements relating to the envisioned upcoming operating and fiscal general performance and marketplace alternatives of Owlet are forward-searching statements. In some conditions, you can discover forward-wanting statements by terminology these as “could”, “need to”, “assume”, “intend”, “will”, “estimate”, “anticipate”, “think”, “predict”, “prospective” or “go on”, or the negatives of these conditions or variations of them or identical terminology. These types of ahead-seeking statements are issue to dangers, uncertainties, and other components which could result in genuine outcomes to differ materially from individuals expressed or implied by these ahead-seeking statements.

These forward-seeking statements are centered upon estimates and assumptions that, although regarded as fair by Sandbridge and its management, and Owlet and its management, as the situation may be, are inherently uncertain. Aspects that might trigger true success to vary materially from latest anticipations involve, but are not confined to: the incidence of any occasion, modify or other conditions that could give increase to the termination of any definitive agreements with regard to the proposed company combination the result of any lawful proceedings that may perhaps be instituted versus Sandbridge, Owlet, the put together firm or other folks subsequent the announcement of the proposed company mixture and any definitive agreements with respect thereto the incapacity to finish the proposed enterprise combination owing to the failure to get approval of the stockholders of Sandbridge or to satisfy other disorders to closing, which include the fulfillment of the least rely on account sum adhering to any redemptions alterations to the proposed construction or conditions of the organization mixture that may perhaps be necessary or proper as a end result of relevant rules or polices or in response to current market reaction to the announcement of the transaction the ability to satisfy stock exchange listing expectations at or subsequent the consummation of the proposed company combination the hazard that the proposed small business mixture disrupts present-day plans and operations of Owlet as a outcome of the announcement and consummation of the proposed company combination, and as a final result of the submit-transaction corporation staying a publicly outlined issuer the potential to recognize the expected advantages of the proposed enterprise combination, which may perhaps be impacted by, between other points, competitiveness, the regulatory pathway for Owlet merchandise and responses from regulators, like the U.S. Food and Drug Administration and very similar regulators exterior of the United States, the means of the merged enterprise to mature and manage development profitably, keep associations with customers and suppliers and keep Owlet’s management and key workforce charges associated to the proposed business combination, including expenses linked with the publish-transaction enterprise remaining a publicly listed issuer changes in relevant legislation or restrictions the risk that Owlet or the combined organization might be adversely influenced by other economic, business, regulatory and/or competitive elements Owlet’s estimates of costs and profitability the evolution of the marketplaces in which Owlet competes the capacity of Owlet to put into action its strategic initiatives and go on to innovate its existing products and solutions the ability of Owlet to defend its mental home and fulfill regulatory needs the impact of the COVID 19 pandemic on Owlet’s business enterprise the minimal running heritage of Owlet and other risks and uncertainties set forth in the area entitled “Hazard Elements” and “Cautionary Observe Concerning Forward-On the lookout Statements” in Sandbridge’s final prospectus dated September 14, 2020 relating to its original general public giving, and other dangers and uncertainties indicated from time to time in the definitive proxy statement to be delivered to Sandbridge’s stockholders and the connected registration statement on Type S-4, such as individuals set forth under “Possibility Components” therein, and other files to be filed with the SEC by Sandbridge.

Absolutely nothing in this push release really should be regarded as a illustration by any human being that the ahead-looking statements established forth herein will be achieved or that any of the contemplated final results of these kinds of forward-wanting statements will be accomplished. You ought to not location undue reliance on ahead-hunting statements, which speak only as of the day they are designed. Neither Sandbridge nor Owlet undertakes any duty to update these ahead-wanting statements.

See source variation on businesswire.com: https://www.businesswire.com/news/dwelling/20210309006068/en/


Trader Relations

Owlet Infant Care
Constantine Davides
Westwicke, an ICR enterprise
[email protected]
(339) 970-2846

Sandbridge Acquisition Company
Rebecca Campbell
Konnect Company
[email protected]
(213) 225-4415

Media Relations

Cammy Duong
Westwicke, an ICR firm
[email protected]
(203) 682-8380

Sandbridge Acquisition Corporation
Rebecca Campbell
Konnect Agency
[email protected]
(213) 225-4415