Business
World Media & Technology Announces Corporate Name Change to World Technology Corp. to Reflect Commitment to Life Sensing Technology
World Media & Technology Announces Corporate Name Change to World Technology Corp. to Reflect Commitment to Life Sensing Technology.
About this update from Helo Corp.
[{"type":"text","content":"\n\n MIAMI, Dec. 05, 2017 (GLOBE NEWSWIRE) -- World Media & Technology Corp. (OTC:WCOR) (the “Company”), a leading developer of wearable devices embedded with Life Sensing Technology and dedicated to improving wellness worldwide, announced approval from the Financial Industry Regulatory Authority (“FINRA”)  of the Company's corporate action request changing its name to World Technology Corp. FINRA also approved a change of its ticker symbol to \"WCOR\" with an effective date at the open of the market on December 4, 2017. \n “This name change is intended to re-position ourselves as a leader in Life Sensing Technology, which is embedded in Helo devices that are being worn around the world, enabling us to collect important data and thereby bringing health and wellness benefits to wearers globally,” said the Company's CEO, Sean McVeigh. McVeigh continued, “The timing of our name change is ideal as we prepare for CES® 2018 in January where we will present our Life Sensing Technology currently in development, including our continuous, non-invasive blood sugar trend monitoring, transdermal alcohol sensing and pulse oximetry.  Our technology enables us to continuously capture actionable data worldwide, which will provide unique and far reaching insights into ability to exercise, effects of alcohol consumption as well as cardiac, respiratory and other conditions.  We are particularly excited about these health and wellness programs as the statistical information we'll be able to gather emphasizes the value of our technology. “At CES, we also plan to highlight some of the most impressive third party apps which will be available for immediate use on our existing Helo LX model, as well as our Helo LX+ (which will have more sensors) and LX Pro models which will be unveiled at the show. Going forward, all of our LX models will have clinical grade components and the extended LX range will enable us to deliver a device suitable for each market segment, with our Helo LX and LX+ providing wearer wellness data for 2018 and the LX Pro specifically designed for the healthcare use. “Finally, with our new corporate strategy and focus on proprietary technology with a product that has the ability to improve the well-being and lifestyle of our wearers worldwide, we expect ...