Fitbug wins contracts with Amazon and US retailers

Health monitoring gadget supplier Fitbug Holdings has won more contracts with major retailers.

Fitbug, whose shares soared when it won a contract with supermarket group Sainbury's earlier this year, said it had secured retail and marketing deals with Amazon and US retailers Best Buy.com and Target.

The group said the contracts should boost sales of its Fitbug Orb wearable device and Kiqplan, its 12-week coaching system.

Bestbuy.com will start selling the two products from January and Amazon.co.uk has agreed to expand its range of Fitbug products to include Kiqplan, as well as agreeing a marketing programme for the New Year.

Target, and Fitbug have also agreed a January 2015 marketing plan to promote both Orb and Kiqplan.

Paul Landau, founder and chief executive of Fitbug, said, "2015 will be an exciting year of great opportunity for Fitbug".