World Technology Corp. Secures Toshiba Processor for Production of Helo Extense, its non-invasive Sugar Trend Monitoring Device

June 05 14:39 2018 Print This Article

MIAMI, June 06, 2018 (GLOBE NEWSWIRE) — World Technology Corp. (OTC:WCOR) (“World Technology” or the “Company”), a technology company that leverages its proprietary Life Sensing Technology to promote wellness worldwide using its Helo branded wearable devices, has secured, through its supplier, a high performance, low power Toshiba Processor as one of the main components of Extense – a companion device that allows Helo LX and Helo LX+ wearers worldwide to monitor their sugar trends on demand and on a non-invasive basis.

Sean McVeigh, Chief Executive Officer of World Technology, commented, “Following the launch of Helo LX+ and the demonstration of our non-invasive Sugar Trend monitoring technology at CES 2018 in Las Vegas, we have dedicated substantial resources toward the development of Helo Extense. After careful consideration and extensive planning, we have selected and secured Toshiba’s TZ1200 Processor for use in our non-invasive Sugar Trend monitoring device, Helo Extense.

Mr. McVeigh continued, “We are excited about fast-tracking the production of Helo Extense starting mid-2018 and the related momentum that we expect it will bring to our business in the second half of the year.” He also confirmed that “Helo Extense will only be available for sale in the wellness sector from WCOR’s exclusive distributor, World Global Network.”

About World Technology Corp.

We are a technology, design and data company. Our Life Sensing Technology is embedded into innovative, connected, wearable devices that we design and we are a Big Data global provider that has developed software capable of aggregating our wearer data into actionable data. Our database contains extensive multi-ethnic, biometric and vital signs data, which not only informs our in-house development, but is also available on an anonymized basis to corporate partners and third-party app developers. We continuously gather data from our wearers in an effort to build a leading database which may enable our partners to determine new insights and identify new trends generated from our wearer data. For further information, see www.worldcorp.com and for sales in the wellness sector, please see www.worldgn.com

Forward Looking Statement

This news release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. All statements other than statements of historical fact in this press release are forward-looking statements and involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. These forward-looking statements are based on management’s current expectations, assumptions, estimates and projections about the Company and the industry in which the Company operates, but involve a number of unknown risks and uncertainties, Further information regarding these and other risks is included in the Company’s filings with the OTC Markets. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and actual results may differ materially from the anticipated results. You are urged to consider these factors carefully in evaluating the forward-looking statements contained herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by these cautionary statements. 

A video accompanying this release is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/ffdb7c2d-07f6-40be-b6d3-33334a0189bd

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/35aa83d4-ac3c-4859-adf6-9c88f441727c

 

CONTACT: At the Company:
Sean McVeigh, CEO
Email: [email protected] 

Investor Relations:
Tony Tian, CFA
Weitian Group LLC 
Phone: (732) 910-9692 
Email: [email protected] 
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About Article Author

Jonathan Yaniv
Jonathan Yaniv

Jonathan is the founder and editor-in-chief of TrustedNerd.com. Covering major tech shows such as CES, Jonathan is always there for the latest tech news. Want your gadget to be reviewed or have a release you'd like to be considered for publishing? Send Jonathan an email, jonathan [at] trustednerd.com

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