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Academic Report by Pixie Dust Technologies, Inc. Showcases Applicability of Gamma Wave Sound

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Pixie Dust Technologies, Inc. (PXDT) announced a study showing its sound stimulation technology can synchronize gamma waves in the human brain, even in older individuals. The study, in collaboration with several Japanese institutions, demonstrated significant brainwave synchronization in both young and older individuals, paving the way for potential dementia prevention strategies.
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The recent findings from Pixie Dust Technologies regarding the synchronization of gamma waves across different age groups could have profound implications in the field of neuroscience, particularly in the context of neurodegenerative diseases such as Alzheimer's. Gamma waves are brain oscillations that have been associated with cognitive functions like attention, memory and consciousness. Research suggests that disturbances in gamma oscillations may be linked to various psychiatric and neurological disorders.

From a neuroscience perspective, the ability to non-invasively modulate brain waves through sound stimulation presents a potential breakthrough in therapeutic interventions. If further studies corroborate these findings, this technology could be integrated into non-pharmaceutical treatments for cognitive impairments, potentially altering the standard of care and providing a non-intrusive option for patients. However, it is crucial to approach these results with cautious optimism, as the translation from controlled studies to effective clinical treatments often involves complex challenges and requires extensive validation through larger-scale clinical trials.

The announcement from Pixie Dust Technologies could potentially catalyze interest in the company's stock, given the growing market for innovative healthcare solutions. With an aging global population and an increasing prevalence of dementia, technologies that contribute to cognitive health are gaining traction. Investors often react favorably to positive study results that suggest a company is advancing in a field with high demand and significant unmet needs.

It is important to note, however, that the market for medical devices and therapies is highly regulated and the company will need to navigate a complex pathway of clinical trials, regulatory approvals and insurance reimbursements. The impact on the company's financials will be determined by the speed and success of these processes. The stock market's response will also hinge on the company's ability to communicate its progress, manage expectations and maintain a competitive edge in a field that is likely to attract more players if the initial findings are validated.

The collaborative nature of the study involving a technology company, universities and a pharmaceutical company underscores the interdisciplinary approach required to bring innovative medical technologies from the laboratory to the market. The involvement of Shionogi & Co., Ltd., a pharmaceutical company, might suggest potential interest in exploring drug-device synergies or the development of complementary therapeutic protocols.

For stakeholders, the key consideration will be the robustness of the evidence supporting the efficacy of the technology. While the reported synchronization of gamma waves is promising, the clinical significance and the therapeutic impact of this synchronization remain to be fully understood. The long-term benefits and drawbacks will be clearer once the technology undergoes further testing in clinical settings and the scalability of the technology for widespread use is assessed. Stakeholders will also be attentive to the patent landscape, as the company's proprietary technology could represent a significant competitive advantage if it proves to be clinically effective.

NEW YORK and TOKYO, Feb. 2, 2024 /PRNewswire/ - Pixie Dust Technologies, Inc. (Nasdaq: PXDT) (the "Company"), a Japanese technology company that focuses on commercializing innovative products and materials utilizing proprietary wave control technology, today announced that a recent study suggests that its unique sound stimulation technology could synchronize gamma waves in the human brain, even among older people.

This study, a collaboration with the University of Electro-Communications, a National University Corporation, Nara Medical University, and Shionogi & Co., Ltd., a pharmaceutical company in Japan, was reported at the Auditory Research Meeting Sponsored by the Technical Committee of Psychological and Physiological Acoustics, which was put on by the Acoustical Society of Japan in January 2024.

The study utilized audio from television news and music programs, separating voices from background. The background sound was amplitude-modulated at 40 Hz - a novel technique patented in Japan by the Company that is designed to synchronize gamma waves in the brain without compromising speech clarity. Participants in the study included both older people (nine individuals with an average age of 66.1±4.6) and younger people (eight individuals with an average age of 22.4±1.7). The study found that both age groups showed statistically significant synchronization of 40 Hz brain waves (gamma waves) with all modulated sounds, with no notable difference in the degree of brainwave synchronization between the two groups.

"This study's findings are significant in confirming that Gamma Wave Sound can synchronize brain waves in both young and older individuals," commented Chief Research Officer of the Company, Takayuki Hoshi. "We aim to further our research on Gamma Wave Sound and contribute to dementia prevention strategies."

Forward-Looking Statements

Certain statements contained in this press release are "forward-looking statements" made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements reflect the Company's current expectations or beliefs concerning future events and actual events may differ materially from current expectations. Any such forward-looking statements are subject to various risks and uncertainties, including the strength of the economy, changes to the market for securities, political or financial instability and other factors which are set forth in the Company's Annual Report on Form 20-F for the year ended April 30, 2023 (File No. 001-41749) filed with the SEC, and in all filings with the SEC made by the Company subsequent to the filing thereof. The Company does not undertake to publicly update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.

About Pixie Dust Technologies, Inc.

Pixie Dust Technologies, Inc. is a Japanese technology company that focuses on commercializing innovative products and materials utilizing proprietary wave technology. The Company is currently focusing on two areas of product development: (1) "Personal Care & Diversity" - where wave control technology is applied to mechanobiology and intervention/assistance in vision, hearing, and touch; and (2) "Workspace & Digital Transformation" - where metamaterials (technology that creates properties through structure rather than material) and solutions to commercial design problems, such as in offices or construction sites, are applied.

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SOURCE Pixie Dust Technologies

FAQ

What did Pixie Dust Technologies, Inc. announce?

Pixie Dust Technologies, Inc. announced a study suggesting its unique sound stimulation technology can synchronize gamma waves in the human brain, even among older people.

What is the ticker symbol for Pixie Dust Technologies, Inc.?

The ticker symbol for Pixie Dust Technologies, Inc. is PXDT.

What was the focus of the recent study announced by Pixie Dust Technologies, Inc.?

The recent study announced focused on demonstrating the synchronization of gamma waves in the human brain using the company's sound stimulation technology, particularly in older individuals.

Who collaborated with Pixie Dust Technologies, Inc. on the study?

The study was a collaboration with the University of Electro-Communications, Nara Medical University, and Shionogi & Co., Ltd., a pharmaceutical company in Japan.

What was the technique utilized in the study?

The study utilized a novel technique patented in Japan by the company, involving amplitude modulation of background sound at 40 Hz to synchronize gamma waves in the brain without compromising speech clarity.

Pixie Dust Technologies, Inc.

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