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AppYea Inc. (APYP) is a healthtech company focusing on wearable technology for diagnosing and treating sleep apnea and snoring. With a portfolio of innovative patents, AppYea offers AppySleep, a smart wristband that monitors breathing patterns and reduces snoring by alerting users to adjust their sleeping position. The company has launched e-commerce platforms to facilitate the sales of AppySleep, aiming to disrupt the sleep wellness industry by combining affordability and effectiveness in its products.
AppYea Inc. (OTCQB: APYP) has launched AppySleep, an innovative wearable solution to address snoring and monitor sleep apnea. The device consists of a smart biofeedback-based wristband that connects to an app on iPhone or Android. It detects snoring and activates gentle vibrations to prompt users to change their sleeping position.
Key features include:
- AI-powered customization of snoring treatment
- Detection of irregular breathing patterns
- Personal cloud access for sleep history and statistics
- Introductory price of $149
AppYea is also developing AppySleep LAB, a touchless app for diagnosing sleep apnea without overnight lab stays. The company plans to pre-submit an FDA request for AppySleep LAB in H1 2025. Market projections indicate significant growth potential in the sleep tech and anti-snoring treatment sectors.
AppYea's Chairman Bary Molchadsky has converted approximately $140,000 of his debt into company warrants, with a strike price of $0.07 per share, reflecting a 250% premium over the current market price. This move demonstrates his confidence in the company's prospects. AppYea has recently started commercial deliveries of its AppySleep product in the U.S. and launched a new direct sales website and an Amazon store. The AppySleep wristband, a smart wearable for monitoring and treating sleep apnea and snoring, integrates with a smartphone app to improve sleep quality.
AppYea Inc. (OTCQB:APYP) announced the immediate addition of Adi Shemer to its advisory board. Shemer has a robust background in operations management within the medical device sector, having held senior executive positions, including CEO at TR bike Ltd. and Tzora Active Systems Ltd. He aims to enhance the production and distribution of AppYea's innovative wearable device, DreamIT, designed to improve sleep quality. The company's focus remains on commercialization, backed by a strong IP portfolio and positive market feedback. This strategic move comes as AppYea transitions from development to commercial operations, indicating growth potential in the sleep health market.
AppYea Inc. (OTCQB:APYP) has appointed Ron Mekler as an independent director and Chair of the Audit Committee, effective immediately. This strategic move aims to enhance the company's board and management using Mekler's extensive experience in finance and healthcare. Mekler previously served as CFO at Clalit Health Services, Israel's largest health organization, and has a robust background in various industries. He expressed confidence in AppYea's potential and its innovative sleep monitoring solutions, which are protected by multiple patents. This leadership change is expected to strengthen the firm's market position and attract partnerships.
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