Wearable Health Solutions Inc. Welcomes Tom Paprocki to it's Newly Created Advisory Board

Rhea-AI Summary

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.

Positive

• Addition of Tom Paprocki to the Advisory Board to guide future business cycles.
• Launch of the iHelp Max device with advanced features enhancing WHSI's product line.
• Expansion into remote patient monitoring solutions with disease-specific kits.

Negative

• Potential risks related to maintaining contracts and expanding in new markets.
• Dependence on additional financing and uncertain operating costs.
• Increased competition and the need to protect intellectual property.

NEWPORT BEACH, CA / ACCESSWIRE / August 3, 2022 / Wearable Health Solutions Inc. (OTC PINK:WHSI) (Wearable Health Solutions or the Company), is a manufacturer of multiple lines of proprietary personal medical alarm and home security devices. These devices are designed for seniors and emergency response systems for employees that work alone and provides IoT mobile health (mHealth) products and services to through its national distribution network of independent dealers. These dealers resell the product directly to consumers, to hospitals and other related providers in the home healthcare and home security markets, announced on August 3, 2022, that the company has welcomed Mr. Tom Paprocki to its newly created Advisory Board to help guide it thought its next phase and future business cycles.

"The company has established an Advisory Board and is delighted that Tom Paprocki accepted a position," stated Marc Cayle. "The advisory board is an important addition to our infrastructure as we navigate the opportunities in front of us. Tom has a tremendous background in technology, products and services aimed at the senior care space," Cayle added, "He has also been instrumental in launching startups from around the world, helping them identify and adapt technologies for senior care. We are fortunate to be able to add a world-class senior technology expert to the team."

About Us:

WHSI is an established 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). Utilizing the iHelp Max device, 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. Both offer simplified connectivity for patients/customers and their circle of care. The consumer that wants to be proactive with their health can purchase disease-specific kits for Heart Disease, CHF, Hypertension, Diabetes, Obesity, COPD, Metabolic Syndrome and more. The peripherals will automatically connect to the iHelp Max and the data will flow to the WHS HIPPA compliant cloud so it can be viewed on demand. Enterprise customers, such as health systems, physician groups, primary care providers, insurance companies and others who are managing chronic conditions through remote patient monitoring programs will use Wearable Health Solutions' solution that includes a small tablet combined with disease-specific peripherals and a robust platform where all of the data is available. Thresh hold breach alerts, broad compliance initiatives, CPT code adherence and billing are integrated for ease of use for enterprise customers.

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.

View source version on accesswire.com:
https://www.accesswire.com/710680/Wearable-Health-Solutions-Inc-Welcomes-Tom-Paprocki-to-its-Newly-Created-Advisory-Board

FAQ

Who has joined the Advisory Board of Wearable Health Solutions (WHSI) in August 2022?

Tom Paprocki has joined the newly created Advisory Board of Wearable Health Solutions (WHSI) on August 3, 2022.

What is the purpose of forming an Advisory Board at Wearable Health Solutions?

The Advisory Board is established to guide Wearable Health Solutions through its next growth phase and leverage market opportunities.

What new product is Wearable Health Solutions planning to launch?

Wearable Health Solutions is planning to launch the iHelp Max, a 4G cellular Personal Emergency Response System (PERS) device.

What advanced features does the iHelp Max device offer?

The iHelp Max device features fall detection, geo-fencing, AI integration with Google Assistant and Alexa, and remote patient monitoring capabilities.

What are the potential risks mentioned in the WHSI press release?

The risks include maintaining contracts, financing uncertainties, increased competition, and regulatory changes affecting the business.