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Wearable Health Solutions, Inc. (Symbol: WHSI) is at the forefront of innovative healthcare solutions, specializing in personal emergency response systems (PERS) and wearable technology tailored to enhance the safety and wellbeing of seniors. The company’s mission is to empower individuals by integrating advanced technology and data analytics into everyday life, improving overall safety and quality of life.
Recently, Wearable Health Solutions achieved a significant milestone by obtaining FCC certification for their latest product, indicating compliance with stringent regulatory standards. This certification underscores the reliability and performance of their devices that use radiofrequency signals, ensuring seamless communication and optimal performance.
- iHelp MAX Device: Their cutting-edge iHelp MAX device has not only received FCC certification but also been accepted by the PTCRB, reaffirming the company's dedication to meet global standards. The iHelp MAX offers features such as real-time monitoring, fall detection, two-way communication, and GPS tracking, making it a comprehensive solution for senior safety.
- Industry Canada Certification: Adding to their repertoire of certifications, the iHelp MAX has also been approved by Industry Canada/IESD, enabling the company to expand its market within Canada. This expansion is crucial as the Global Personal Emergency Response Systems (PERS) Market continues to grow, projected to amass a valuation of USD 8.20 billion by 2028.
- Settlement of Legacy Debt: Another notable achievement includes the settlement of a $633,000 Senior Convertible Note, which significantly fortified WHSI's financial standing, enabling further innovations and operational initiatives.
Wearable Health Solutions continuously strives to innovate within the healthcare IoT landscape. They recently partnered with Next Realm AI, an AI and data analytics research lab, to explore advancements in healthcare IoT solutions utilizing data analytics and AI. This collaboration aims to improve patient care and build value for shareholders.
Additionally, WHSI has initiated a comprehensive review process of strategic options to enhance shareholder value, engaging EF Hutton LLC as their exclusive financial advisor. Potential strategies under consideration include acquisitions, mergers, and other business combinations.
To further expand their market presence, WHSI has established an official Amazon account, preparing for a wide launch of their products. This move aims to increase accessibility and convenience for customers seeking their reliable medical alert systems.
For the most updated information about Wearable Health Solutions and their pioneering products, visit their website.
Wearable Health Solutions Inc. (WHSI) announced its feature on Worldwide Business with Kathy Ireland, which aired on Fox Business Network on September 11, 2022. The company aims to reach a global audience with its innovative product, iHelp Max, a 4G cellular Personal Emergency Response System. This exposure could enhance brand awareness across 80 million US households and 198 million international cable households. With plans for further development of remote patient monitoring features, WHSI positions itself strongly in the growing eHealth market.
Wearable Health Solutions Inc. (WHSI) announced the launch of its new 4G product line set for August 2022, including the highly anticipated iHelp Max device. The company aims to address strong pent-up demand by promptly fulfilling existing orders. To support dealers, WHSI has arranged third-party financing with credit lines ranging from $10,000 to $100,000, a first in their industry. Additionally, national distribution arrangements have been made for enhanced operational efficiency. These initiatives position WHSI to respond effectively to a growing market for wearable health technology products.
Wearable Health Solutions (WHSI) announced its participation in the MAMA 2022 Annual Conference aimed at the Personal Emergency Response Systems sector. VP Marc Cayle expressed enthusiasm for reconnecting with industry leaders and exploring new partnerships amid evolving industry trends, including consolidation and revenue opportunities. The conference will feature in-person networking and breakout sessions. WHSI is known for its innovative healthcare products, including its upcoming iHelp Max, a 4G PERS device with advanced features like fall detection and remote patient monitoring.
Wearable Health Solutions (WHSI) announces the formation of a new Advisory Board, welcoming Tom Paprocki on August 3, 2022. Paprocki brings significant expertise in technology for senior care, aimed at guiding the company's growth amid evolving market opportunities. The company specializes in personal medical alarm devices and home security systems for seniors, with plans to launch the iHelp Max, a 4G cellular PERS device featuring advanced functionalities such as fall detection and remote patient monitoring. This move is seen as a step towards enhancing WHSI's market position in the healthcare technology sector.
Wearable Health Solutions (OTC PINK:WHSI) announced its plans to launch the iHelp 4G device in late August and introduce an extended ecosystem for Remote Patient Monitoring (RPM). This initiative aims to streamline care for chronically ill patients by integrating existing monitoring hardware and software. The company projects a steady revenue stream from monthly service fees through its Direct to Consumer and Enterprise services, targeting both individual health consumers and healthcare systems. The iHelp Max device will enhance patient connectivity and data management.
Wearable Health Solutions Inc. (OTC PINK:WHSI) announced the upcoming launch of a new ecosystem of products, including a 4G mobile medical alarm, in August 2022. The company is pursuing an up-listing on the OTC: QB platform to enhance market access. It seeks to raise $5.0 million to fund its initiatives, including a Lone Worker Program and expansion into the $30 billion Virtual Care market. Additionally, Wearable Health Solutions has engaged International Monetary for strategic advisory services to improve shareholder value and market awareness.
Wearable Health Solutions (OTC PINK:WHSI) announced the hiring of Vincent S. Miceli as Chief Financial Officer, effective May 16, 2022. Miceli, with a strong background from LogicMark, is expected to enhance the company's financial operations and strategic growth. The company is pursuing an up-listing to the OTC: QB platform to attract a broader range of investors. Additionally, WHSI is marketing a suite of wireless health monitoring devices and seeking capital for the launch of its iHelp Max 4G Device, aimed at enhancing remote patient monitoring capabilities.
Wearable Health Solutions Inc. (WHSI) announced the completion of two-year audited financial statements and a Form 10-12g/A SEC filing. The company plans to up-list its common shares on the OTC: QB platform, enhancing accessibility for investors. To support its expanding business, WHSI is exploring financing alternatives for the launch of its iHelp Max 4G Device and remote monitoring systems. With an initial production of 5,000 units, increasing to 10,000, they aim to meet growing demand. The company is actively upgrading its technologies and marketing efforts to enhance product visibility.
Wearable Health Solutions (OTC PINK:WHSI) announced enhancements to its iHelp Max, a 4G Cellular PERS device, including fall detection, geo-fencing, and AI integration with Google Assistant and Alexa. Scheduled for a June 2022 launch, the device aims to significantly boost market share through its established dealer network. The company also plans to introduce Remote Patient Monitoring (RPM) capabilities, facilitating real-time vital sign monitoring. WHSI's strategic initiatives focus on growth in the telehealth sector, aiming for increased penetration and additional product offerings.
Wearable Health Solutions Inc. (OTC: WHSI) has partnered with Worldwide Business with kathy ireland to enhance marketing efforts for its medical alarm devices, targeting over 200 million households globally. Production of promotional content will commence on February 8, 2022, following delays due to COVID-19. The initiative aims to capture a share of the $7.4 billion medical alert system market, projected to grow to $10.9 billion by 2026. The marketing plan focuses on increasing awareness of the iHelp Max product and generating leads for distributors.
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