Health-tech company Movano has just teased details of its first smart ring, named Evie. The device is designed for health and fitness tracking — including cycling — and bears a strong resemblance to Oura’s latest smart ring, as well as offerings from other companies. Movano plans to give the press and public a closer look at the device at next week’s CES 2023, claiming that the ring differs from other products, being uniquely developed for women.

Movano’s original design for the ring debuted at CES 2022 without a name, but the company has since changed several elements of the design, as well as the asking price. The new model will go on sale sometime in 2023, with a below-$300 price tag, and won’t be tied to a subscription.

The Movano Health Evie ring offers several of the metrics seen on rings like the Oura, as well as those found in Apple and Android smartwatches. The device can measure heart rate, skin temperature variability, blood oxygen, steps, calories, and sleep, with a special focus on period and ovulation tracking. Wearers of the new ring will be able to get advice from health experts within the app, and the device will meet medical manufacturing standards.

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“As a medical device, Evie will go beyond the status quo of other wearables on the market. We are bringing together medical-grade biometric data and insights in a comfortable and contemporary wearable,” says Movano CEO, John Mastrototaro.

As well as a broad suite of health data, Movano has promised high security and privacy standards when transferring data to the cloud or third-party health providers. Movano hasn’t yet achieved full FDA approval, which will probably dictate the final launch date. The Evie smart ring will be released in the USA at first, but should come to other markets later, though we’ll learn more about it next week at CES 2023.