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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) has appointed Marc Cayle as its new VP of Innovation & Development, bringing over 18 years of home health care experience. His expertise will support the launch of the 4G iHelp MAX, an advanced personal emergency response system featuring new functionalities. The company aims to elevate the customer experience with a hands-on approach and expand its market reach internationally. WHSI focuses on mobile health products and services, generating revenue through medical alarm sales and monitoring subscriptions.
Wearable Health Solutions Inc. (WHSI) announced the completion of a two-year audit and filed a Form 10 Registration Statement with the SEC, which will subject the company to ongoing reporting requirements. The Regulation A offering has successfully raised $5 million and is now fully subscribed. The company plans to use the funds to increase inventory for new personal emergency response devices and to retire corporate debt. With its filing, WHSI aims to improve transparency for investors and may consider up-listing to a broader stock exchange to attract more institutional investors.
Wearable Health Solutions Inc. (OTC PINK:WHSI) has partnered with Mazars to achieve HITRUST CSF certification for its medical alarm products. This certification ensures compliance with HIPAA and other regulations, enhancing the company's market credibility. The HITRUST CSF is a widely recognized security framework in the U.S. healthcare sector. The company's product offerings, including the 4G iHelp MAX, are marketed globally, targeting the elderly and disabled. The collaboration with Mazars underscores WHSI's commitment to regulatory compliance and increased trust among healthcare partners.
Wearable Health Solutions Inc. (OTC PINK:WHSI) has appointed Castle Placement as its exclusive placement agent to raise $5 million. This funding aims to support the business development and launch of the iHelp MAX™ medical monitoring device. WHSI specializes in personal medical devices, generating revenue through device sales and monitoring subscriptions. The company sees growth potential in markets across North America and internationally. The iHelp MAX offers enhanced features such as fall detection and geo-fencing, catering to the rising demand for real-time health monitoring.
Wearable Health Solutions Inc. (OTC PINK:WHSI) announces a partnership with MIDI Product Development Corporation to create a biometric sensor for its 4G iHelp MAX platform. This collaboration aims to enhance remote patient monitoring capabilities by integrating health monitoring and medication reminders into the existing safety systems. The global remote patient monitoring market is projected to grow from USD 23.2 billion in 2020 to USD 117.1 billion by 2025, at a CAGR of 38.2%.
Wearable Health Solutions Inc. (WHSI) announced the acquisition of mHealthCentral.com, a cloud-hosted management platform aimed at enhancing its iHelp MAX™ device. This acquisition is geared towards streamlining data transmission from personal safety and medical devices to monitoring centers and healthcare providers. The integration will facilitate features like real-time health monitoring and communication alerts. CEO Harrysen Mittler emphasized the strategic importance of this technology in the personal safety and medical device markets. The specifics of the transaction value remain undisclosed.
Wearable Health Solutions Inc. (OTC PINK:WHSI) was featured in a recent report by Wall Street Research™, emphasizing its market position in the Telehealth and Emergency Device sectors. The report discusses the company's upcoming iHelp Max product, a cellular medical alert system with advanced features like fall detection and geo-fencing. WHSI is preparing for its Reg A public offering and exploring partnerships in wearable technology. With over 30 years of management experience, WHSI aims to leverage its innovative technology for growth in personal emergency response systems.
Wearable Health Solutions Inc. (WHSI) announced a collaboration with Speak to IoT to integrate voice command technology into its IoT products, including the 3G iHelp and 4G iHelp MAX. This patent-pending technology allows users to control devices using Amazon Alexa, Google Assistant, and other voice assistants. The initiative aims to enhance user experience, especially for the elderly, by providing hands-free interactions. The company continues to position itself in the growing medical alarm and home security markets, leveraging voice technology as a cornerstone of its product strategy.
Wearable Health Solutions Inc. (OTC: WHSI) has partnered with Worldwide Business with Kathy Ireland to enhance its marketing efforts, reaching over 200 million households via major social media and TV platforms, including Fox Business Network and Bloomberg International Television. This collaboration aims to increase awareness of WHSI's products in the growing Global Medical Alert System Market, projected to reach $10.9 billion by 2026. The initiative is expected to boost dealer hardware sales and recurring revenue streams.
Wearable Health Solutions Inc. (OTC PINK:WHSI) has gained attention through an updated report from Wall Street Research, a top firm in the Micro-Cap space. This report highlights WHSI's niche in Telehealth Ready and Emergency Device technology, covering its new iHelp Max product, which features fall detection and geo-fencing capabilities. The report also reviews the company's public offering and revenue prospects. Notably, WHSI is poised to leverage its experienced management team and innovative technology to strengthen its position in the wearable health device market.
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