STOCK TITAN

AppSwarm Begins Beta Testing Smart Watch Device for Health and Human Longevity Market

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

AppSwarm, Corp. (OTC: SWRM) has initiated beta testing for its consumer smartwatches aimed at the wearable health and longevity market. These devices will track health metrics and offer cloud-based subscription services for enhanced user experience. The company plans to integrate its smartwatches with GTX Corp’s distribution network and aims for a soft launch by this holiday season. Key features include activity tracking, heart rate, blood oxygen monitoring, and sleep analysis. A detailed roadmap for the product launch will be released soon.

Positive
  • Initiated beta testing for consumer smartwatches, enhancing product offering.
  • Plans to integrate cloud-based analytics for user health monitoring.
  • Potential collaboration with GTX Corp for enhanced distribution channels.
Negative
  • No specific sales projections or revenue estimates provided for the smartwatch launch.
  • The goal of a holiday season launch remains uncertain, presenting execution risks.

Tulsa, OK, Oct. 26, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- AppSwarm, Corp. (OTC: SWRM), a software development company and aggregator of mobile applications, announced it has begun beta testing its own brand of consumer smartwatches for the wearable health and longevity market.

The Company is pleased to announce it has begun beta testing on its own brand of smartwatch devices that will provide health data to users, and open the door to customized add-on subscription cloud services.

Our team will begin testing functionality, and mobile SDK for data integration with third-party applications. Upon successful completion, the company will conduct an initial soft launch, with a “hopeful” goal of the holiday season. 

 SmartWatch Features

- Activity (steps, calories, distance)
- Heart rate
- Blood Oxygen
- Sleep (total duration, deep sleep, light sleep)
- Sports mode (walking, running, cycling, swimming, climbing, etc.)

The Company will utilize data generated from its wearable devices and sensors to develop cloud-based analytics that will monitor and analyze a user’s health data through long-term dataset development, utilizing artificial intelligence. 

Distribution

Along with traditional online retail, the company will also work with its collaboration partner GTX Corp (GTXO) to resell our smartwatch devices where GTX has established channels of distribution.

The Company also plans to integrate its wearable devices with the GTX SmartSole platform to enable the collected biometric data to be sent to a central hub in the cloud without the need for a smartphone.

Chris Bailey, the CEO of AppSwarm, Corp., commented, "Our core mission is to develop technologies and applications for the betterment of mankind. Data has shown technology has had a negative effect on human health, both physical and mental, from the rise of metabolic diseases, depression, and anxiety. But we feel technology, deployed properly, can also be used to refocus human behavior back to a more positive aspect. Our focus on smart devices geared towards human health goes towards our mission to leverage technology that can potentially assist society and expand human longevity."

A more detailed roadmap and timeline of our smart device operations will be released shortly.

About APPSWARM

AppSwarm is a technology company specializing in accelerated development and publishing of mobile apps and other software platforms for gaming and business applications and seeks to acquire symmetric business opportunities. AppSwarm partners with and assists other development firms in technology development, business management, and funding needs.

For more information, visit us at www.app-swarm.com or follow us on www.facebook.com/AppSwarm Twitter https://twitter.com/AppSwarm or Instagram https://www.instagram.com/appswarm/

Forward-Looking Statements:

"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: This press release may contain forward-looking statements that are subject to risk and uncertainties including, but not limited to, the impact of competitive products, product demand, market acceptance risks, fluctuations in operating results, political risk, and other risks detailed from time to time in the Company's filings with OTCMarkets.com and as required to the Securities and Exchange Commission. These risks could cause SWRM's actual results to differ materially from those expressed in any forward-looking statements made by, or on behalf of, the Company.

Investor and Media Contacts:

AppSwarm, Corp.
888-886-8583
info@app-swarm.com


FAQ

What is the latest news about AppSwarm Corp. (SWRM) related to smartwatches?

AppSwarm has begun beta testing its consumer smartwatches aimed at the health market and plans a soft launch by the holiday season.

What features will the AppSwarm smartwatches offer?

The smartwatches will include activity tracking, heart rate monitoring, blood oxygen levels, sleep analysis, and various sports modes.

When is AppSwarm (SWRM) planning to launch its smartwatches?

The company aims for an initial soft launch during the holiday season, subject to successful testing.

How will AppSwarm's smartwatches integrate with cloud services?

The smartwatches will offer customized add-on subscription cloud services to analyze users' health data.

APPSWARM INC

OTC:SWRM

SWRM Rankings

SWRM Latest News

SWRM Stock Data

540.66k
1.24B
Software - Application
Technology
Link
United States of America
Las Vegas