Breaking #Tech
#Stock News: Wearable Health Solutions Inc. (OTC Pink: $WHSI) Expects to Launch
its Ecosystem of New Products in August 2022; @WHSI_
NEWPORT
BEACH, CA - July 14, 2022 (Investorideas.com Newswire) Wearable Health
Solutions Inc. (OTC PINK:WHSI) ("Wearable Health Solutions
Inc" or the "Company"), today announced that "The company
expects to launch its new ecosystem of products and services to its dealer and
vendor networks in August of 2022", stated Peter Pizzino President.
"The product offering includes the anticipated 4G device, docking station,
vital wrist bands and accessories. A variety of bundled features of the new 4G
mobile medical alarm are available to users to suit personal needs and
priorities".
Read
this news, featuring WHSI in full at https://www.investorideas.com/news/2022/technology/07141WHSI-New-Products.asp
Additionally,
the company has filed an application to up-list its common stock for quotation
on the OTC: QB trading platform; when approved, it may provide investors,
funds, brokers, and institutions greater access to participate in the trading
of its company's common stock.
The
company intends to access the capital markets so it may consider financing
alternatives in various forms for $5.0 million. This will enable the company to
fund and expedite the launch of its next generation mobile medial device,
including, but limited to its Lone Worker Program initiative scheduled for
release in the summer of 2022. Moreover, to fund the company's launch into the
$30+ billion market of Virtual Care and remote patient monitoring solutions.
In
addition, the company has retained International Monetary (IM), a full-service
merchant banking and strategic advisory firm located in Newport Beach,
California. M.B. (Blaine) Riley, III, Managing Director and President of IM,
stated, "We will introduce the company to our nationwide brokerage network
comprised of broker-dealers and investment banks focused on the micro-cap and
small-cap sectors, while on the investor relations side, we will direct a
series of initiatives to the investment community for enhancing shareholder
value and market awareness".
Recently
the company updated its websites at:
wearablehealthsolutions.com; ihelpalarm.com; 1800medalert.com; wearablehealthsolutions.com/investor-relations;
reflecting corporate, product, DTC, and further investor relations references.
About Us:
WHSI
is a manufacturer of PERS (Personal Emergency Response Systems
("PERS")) devices, and in the rapidly growing medical alarm device
and eHealth sector. As such, we provide innovative wearable healthcare products
and services to dealers and distributors across the globe. Our management team
has over 30 years in the business, beginning with the launch of the
MediPendant™, the first medical alarm device that enabled the user to speak and
listen to the emergency response operator directly through the pendant. WHSI
will be launching its latest PERS device, the iHelp Max in the Summer 2022. The
iHelp Max is a 4G cellular PERS device with advanced features such as fall
detection, geo-fencing, AI utilizing Google Assistant and Alexa, notifications,
daily check-ins, and medication reminders, that are sold directly to dealers
and distributors in the U.S and around the world. Further to the launch of the
iHelp Max, the company is developing additional features for the device that
include RPM (Remote Patient Monitoring). WHSI's advanced medical alarm
technology platform enables remote monitoring and data collection of essential
vital signs in real-time and with historical values via Bluetooth, NFC, and
WIFI technology. Our RPM solution includes real time monitoring of vital signs
that will be stored in the cloud to enable viewing of historical data as well
as identify potential health issues before they become catastrophic events.
WHSI is offering two distinct RPM paths to market, Direct to Consumer and
Enterprise solutions to improve the quality of care to our loved ones and users
while lowering costs for healthcare companies.
Forward-Looking
Statements
Securities
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 expressions are
intended to identify such forward-looking statements. All forward-looking
statements involve significant risks and uncertainties that could cause actual
results to differ materially from those expressed or implied in the
forward-looking statements, many of which are generally outside the control of
Wearable Health Solutions and are difficult to predict. Examples of such risks
and uncertainties include, but are not limited to (i) Wearable Health Solutions
ability (or inability) to obtain additional financing in sufficient amounts or
on acceptable terms when needed; (ii) Wearable Health Solution's ability to
maintain existing, and secure additional, contracts with users of its
solutions; (iii) Wearable Health Solution's ability to successfully expand in
existing markets and enter new markets; (iv) Wearable Health Solution's ability
to successfully manage and integrate any acquisitions of businesses, solutions
or technologies; (v) unanticipated operating costs, transaction costs and
actual or contingent liabilities; (vi) the ability to attract and retain
qualified employees and key personnel; (vii) adverse effects of increased
competition on Wearable Health Solution's business; (viii) changes in
government licensing and regulation that may adversely affect Wearable Health
Solution's business; (ix) the risk that changes in consumer behavior could
adversely affect Wearable Health Solution's business; (x) Wearable Health
Solution's ability to protect its intellectual property; (xi) local, industry
and general business and economic conditions. Additional factors that could
cause actual results to differ materially from those expressed or implied in
the forward-looking statements can be found in the most recent quarterly report
on filed by Wearable Health Solutions with the Securities and Exchange
Commission. Wearable Health Solutions anticipates that subsequent events and
developments may cause its plans, intentions and expectations to change.
Wearable Health Solutions assumes no obligation, and it specifically disclaims
any intention or obligation, to update any forward-looking statements, whether
as a result of new information, future events or otherwise, except as expressly
required by law.
Contact: www.wearablehealthsolutions.com
2901
W. Pacific Highway Suite 200,
Newport Beach CA 92663
Tel: 949-270-7460
SOURCE:
Wearable Health Solutions, Inc.
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