Wearable Health Solutions, Inc. (OTCMKTS: WHSI) will launch demo units of the 4G IHelpMax remote monitoring device into dealer markets by month’s end. Marc Cayle, VP of Innovation and Development, adds “We’ll have fully ready production units to sell by early May.”
The technology-intensive 4G iHelpMAX units are designed to revolutionize the industry. They offer call integration with Alexa and Google, telehealth-ready monitoring wearables, AI, Bluetooth, IoT, Central Cloud Management and more.
4G Is The Catalyst For WHSI
“We will stand out in the marketplace,” Cayle predicts. “Investors will notice. 4G will be the catalyst for companies like WHSI in the remote monitoring PERS (Personal Emergency Response Solutions) industry.”
The investing catalyst for WHSI will be the 4G in its new 4G iHelp Max device. Investors should put WHSI stock on their Watch List as this remote monitoring device is launched. 3G is already phased out for some major telecommunications providers.
“In 2022, our goal is to have 20,000 4G iHelp MAX units sold into the marketplace,” Cayle says. “By the end of this month (March) we are showing demo units to our dealer network. We are showing how they offer call integration with Alexa and Google. It is easy for users to work.”
Research Sees $23.3 Billion Remote Patient Operating Market (RPM)
This is a $23.3 billion remote patient operating market (RPM). Research firm MarketsAndMarkets projects this market will grow at a CAGR of 38.2% to reach $117 blllion by 2025.
Cayle said he believes that WHSI can build on its existing network of some 200 ‘active’ dealers and add 20% more, as demand for 4GiHelpMAX builds.
A ‘Silver Tsunami’ Of Technology-Savvy Seniors
Cayle calls the wave of newly technology-savvy seniors who will own the new remote monitoring units a ‘silver tsunami’. “Did you know that 10,000 people turn 70 every day,” he asks.
“Seniors are getting more comfortable with the newest technology — especially as it is designed especially for this demographic,” he observes. “This is what makes it all so exciting.”
Cayle adds that in a six-eight week timeframe, WHSI will launch the new 4GiHelpMAX remote monitoring device from full production. The company has been assured that supply chain issues will not delay deliveries into the marketplace.
‘Kathy Ireland Connection’ With 650,000 Impressions Globally
Cayle also says that WHSI’s agreement with Kathy Ireland’s company will ensure large exposure worldwide:
“We’re going to get hundreds of thousands of impressions in every way. These will include news, social media, business news outlets to tell about this product and its functionality. It will reach with full force a global audience. The plan is to create 650,000 impressions to an audience of 80 million worldwide,” he adds.
In addition, WHSI will receive 15-16 minutes of usable content for B-Roll.
The global presence in this campaign is important for WHSI because he says the Company is already active in numerous foreign markets including Canada, New Zealand, the Caribbean and more.
Multiple Revenue Streams For WHSI
Cayle described that WHSI receives multiple revenue streams from sales of its remote monitoring devices. They include a cellular connectivity fee, a portal fee from the energy monitoring center, and more.
More Ancillary Products For 4GiHelpMAX, Vitals Into A Portal
In the future, WHSI will be developing ancillary products or formalizing relationships with ancillary product manufacturers. They would generate telehealth fees for monitoring activities.
He says WHSI will in the future deliver through a biosensor being developed now telehealth vitals into a portal. It will enable medical professionals to see indicators such as temperature, heart rate, pulse, blood pressure (cuffs), glucose monitoring, and more, Cayle says. “It is exciting when the 4G iHelp MAX is pairing with peripherals,” he says.
Body Mounted Sensors And Artificial Intelligence (AI)
The state-of-the-art device will offer GPS tracking services plus remote patient monitoring (RPM). It will have body mounted sensors and artificial intelligence (AI). Fall detection and geofencing are other features. It features Wi-Fi, NFC (wireless data transfer) technology and Bluetooth 4.0 Low Energy features.
Cayle said, “It is the most advanced product in the market and boasts affordable, easy-to-use technology never seen before in the palm of your loved one’s hand. we will truly change the life of every circle of care participant who wants their loved one to thrive, not just survive.”
WHSI is combining its ‘smart’ remote monitoring products with artificial intelligence (AI), Blue Tooth, Backend As A Service (Baas), IoT, Wi-Fi, Central Cloud Management and in 2022 4G telecommunications. Keep WHSI on your watch list as it integrates technology into its remote control monitoring products. For more information, go to wearablehealthsolutions.com
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