The personal medical alarm and security device manufacturing company Wearable Health Solutions (OTCMKTS:WHSI) has been in a lot of focus among investors in recent days.
That trend continued on Thursday as investors piled on to the Wearable Health Solutions stock in a big way and sent the stock soaring by as much as 25%. There was no news about the company yesterday but at the same time it could be a good idea for investors to take a look at an announcement from Wearable Health Solutions earlier on in the month. On August 4, the company announced that it signed an agreement with the innovative California based technology company Speak to IoT.
That was a major new development for the company considering the sort of technology that Speak to IoT has been working on. The company has managed to develop a technology that enables a user to control any smart device through voice assistance like Amazon Alexa and Google Assistant among others. More importantly, this technology helps a user to accomplish that through a one step process. Considering the fact that Wearable Health Solutions’ products are primarily used by senior citizens, the tie up with Speak to IoT could actually prove to be an important one.