mCare Digital Unveils the mCareWatch MW-241 Powered by KORE Connectivity

mCare Digital unveils the mCareWatch MW-241 powered by KORE connectivity

ATLANTA (July 5, 2024) --KORE, a global leader in Internet of Things ("IoT") Solutions and pioneering IoT hyperscaler, and provider of IoT Connectivity, Solutions and Analytics, and mCare Digital, a leader in assistive technology, is proud to announce 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.

Peter Apostolopoulos, co-founder of mCare Digital, is dedicated to enabling independence for individuals who need it most, like seniors and those living with disabilities. "The mCareWatch 241 represents our dedication to listening and responding to the needs of our customers. We are thrilled to offer a product that not only meets but exceeds the expectations of those we serve," said Apostolopoulos. "This new model reflects our commitment to providing innovative, reliable, and user-friendly assistive technology."

To learn more, watch the case study here.

About KORE
KORE is a pioneer, leader, and trusted advisor delivering mission critical IoT solutions and services. We empower organizations of all sizes to improve operational and business results by simplifying the complexity of IoT. Our deep IoT knowledge and experience, global reach, purpose-built solutions, and deployment agility accelerate and materially impact our customers' business outcomes. For more information, visit korewireless.com.

About mCare Digital
mCare Digital Pty Ltd is an Australian software company focused on using the latest technology to provide human-centred solutions for caring, wellbeing and independent living. In addition to smart wearable mCareWatch devices such as watches and the mCareMate Safety Alarm, it has developed the ConnectiveCare® software platform to provide organisations with functionality, information, and insights to support better caring and more advanced healthcare. The easy-to-use proprietary platform can be adapted to suit a wide range of needs including linking wearable, biometric and other healthcare devices via Bluetooth 2.0 and 4G connectivity. For more information, visit mcaredigital.com.au.

KORE Media Contact
Stephen Bell
Senior Marketing Manager
Email: [email protected]
+1-440-622-9352

Cautionary Note on Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the federal securities laws, which involve risks and uncertainties. Forward-looking statements include the Company's statements with respect to expected future performance, stockholder return, the management transition and other statements and projections that do not relate solely to historical facts. Forward-looking statements may be identified by the use of words such as "anticipate," "believe," "estimate," "expect," "intend," "may," "goal," "plan," "will," "would," "prospects," "future," or "strategy" or the negative thereof or other variations thereof or similar references to future periods, although not all forward-looking statements include these identifying words. Forward-looking statements are not assurances of future performance. Instead, they are based only on the Company's current beliefs, expectations and assumptions regarding future events, which in turn are based on information currently available to the Company. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Company's control. Actual results may differ materially from those indicated in the forward-looking statements. Important factors that could cause our actual results, performance, liquidity or achievements to differ materially include our ability to transition to a new interim President and CEO, our ability to successfully identify and engage a permanent President and CEO and the other factors described in the Company's Annual Report on Form 10-K for the year ended December 31, 2023, and the Company's other filings with the Securities and Exchange Commission. In light of the significant risks and uncertainties inherent in forward-looking statements, investors should not place undue reliance on forward-looking statements, which reflect the Company's views only as of the date of this press release. Except as required by law, neither the Company nor any of its affiliates or representatives undertake any obligation to provide additional information or to correct or update any information set forth in this release, whether as a result of new information, future developments or otherwise.

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