KING OF PRUSSIA, PA — (Marketwired) — 06/09/16 — Medical Alarm Concepts Holding, Inc. (OTCQB: MDHI) (OTCQB: WHSI), a Pennsylvania-based personal medical alarm device manufacturer, is pleased to announce that it has changed its name, and is now Wearable Health Solutions, Inc. The Company is now trading under a new ticker symbol (WHSI) on the OTCQB.
The name change more accurately reflects the company–s growth in vision and shift in strategic direction. WHSI is a solutions-based company primarily focused on connected, mobile, and wearable IoT (Internet of Things) devices, as well as supporting services that provide scalable and evolving real-time personal protection, health information, and data-informed decision-making, to both consumers and organizations within the healthcare sector.
“We are excited to embark on a new direction and expand our horizons,” said Jennifer Loria, COO of WHSI. “Our new name and corporate identity signifies the Company–s transformation into the eHealth and Wearables sector, where we will focus on the development of innovative wearable healthcare products, tracking services, and turn-key solutions that enable users to be proactive with their health and protected at all times. We plan to reveal a more complete view of the WHSI brand and an updated corporate website in connection with the change in our corporate name and strategic direction.”
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WHSI provides mobile health (mHealth) products and services to dealers and distributors throughout the globe. As a leader in the rapidly growing medical alarm device and eHealth sector, the Company provides innovative wearable healthcare products, tracking (GPS, Bluetooth) services, and turn-key solutions that enable users to be proactive with their health. Through our culture, our drive, and the expertise of each individual employee, we are uniquely positioned to build shareholder value by setting the highest standards in service, reliability, and safety in our rapidly growing industry.
Statements in this press release that are not statements of historical or current fact constitute “forward-looking statements.” Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the Company–s actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as “believes,” “belief,” “expects,” “expect,” “intends,” “intend,” “anticipate,” “anticipates,” “plans,” “plan,” to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company–s filings with Securities and Exchange Commission.
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Wearable Health Solutions, Inc.
877-639-2929 Ext 8880
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