Business
Wearable Health Solutions Inc. in development of a new 4G “Telehealth Ready” product
Wearable Health Solutions Inc. in development of a new 4G “Telehealth Ready” product.
About this update from Wearable Health Solutions, Inc
[{"type":"text","content":"Toronto, Ontario– December 31, 2020 – Wearable Health Solutions Inc. (OTC: WHSI) (“Wearable Health Solutions” or the “Company”), today announced that it has started to develop its new 4G “Telehealth Ready Device” product to be manufactured and distributed to its dealers and partnerships. The product will have more advanced features and Bluetooth capabilities to recognize other devices to register data to be used to monitor health vitals of users. The device will serve the baby boomers which is estimated at growing to 10,000 people per day and address the growing markets of telehealth needs to help reduce healthcare insurance costs.About Us:The Company manufacturers medical alarm devices that are used to summon help in the event of an emergency for users. The product is designed and marketed primarily to the elderly, physically disabled and individuals living alone.Our Flagship product MediPendant® is a personal emergency alarm that is used to summon help in the event of an emergency at home. Currently approximately 60 % of all medical alarms sold in the USA are first generation technologies that require the user to speak and listen through a central base station unit. Medipendant® however offers a speaker in the pendant enabling the user to simply speak and listen directly through the pendant in the event of an emergency.The Company is implementing a new product referenced as iHelp MAX™. This device is a cellular medical alert system, blue tooth and WI-FI enabled, that operates on a 4G network. Operating capabilities commence on AT&T network (GSM-Global) with further capability on Verizon (CDMA-USA) as well.The iHelp MAX™ device showcases new features, functionalities, fall detection and geo-fencing referencing the ability to pre-set an area and alert loved ones if the device user enters or leaves a pre-determined area. Regulatory approval for the device deployment has been received from FCC, CE and PTCRB.Forward-Looking StatementsSecurities Exchange Act of 1934, as amended. Any statements contained in this press release that are not statements of historical fact may be deemed forward-looking statements. Words such as \"continue,\" \"will,\" \"may,\" \"could,\" \"should,\" \"expect,\" \"expected,\" \"plans,\" \"intend,\" \"anticipate,\" \"believe,\" \"estimate,\" \"predict,\" \"potential,\" and similar expression...