KORE Lower on Starting mCareWatch 241

KORE (NYSE:KORE) shares faded Friday, as the global leader in Internet of Things Solutions and pioneering IoT hyperscaler announced the launch of the mCareWatch 241, the latest innovation in personal emergency alarms. By providing the connectivity and provisioning platform needed to seamlessly connect the wearable devices, KORE enables mCare to virtually monitor patients in their homes or healthcare facilities.

Recently awarded the Best Innovative Assistive Technology product at the Asia Pacific Eldercare Awards in Singapore, the mCareWatch 241 showcases mCare Digital’s commitment to innovation and customer satisfaction.

Richard Tuke, vice president of sales for KORE EAP, is delighted to help push the needle forward when it comes to personal emergency technology. “Congratulations to mCare on their award-winning innovative health watch. Powered by IoT, this cutting-edge technology is truly enhancing lives and setting new standards in healthcare,” said Tuke. “Here’s to continued success and transforming health monitoring for individuals everywhere.”

Designed to offer the dignity of independence coupled with the security of immediate assistance, the mCareWatch 241 provides a new level of freedom and connectivity for users and caregivers alike. Each feature, from its lightweight design to extended battery life, was crafted to ensure all users can navigate their daily lives with confidence and ease.

KORE shares dipped nine cents, or 5.9%, to $1.45.

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