iBeat Heart Watch Now Shipping

iBeat,
a health tech company empowering people to live longer, today announced
the release and shipping of its iBeat
Heart Watch – a heart and blood flow monitoring smartwatch that will
engage the user and can notify first responders for immediate medical
aid if something appears to be wrong.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180711005212/en/

The iBeat Heart Watch continuously monitors heart rate and blood flow for life-threatening emergencies. (Photo: iBeat)

The iBeat Heart Watch looks and functions like an everyday watch, but
inside is what sets it apart from any other wearable or health tracker
on the market today. The watch has an array of sensors that measure
heart rate, blood flow and other biometrics which it then analyzes in
real-time, leveraging AI, to look for potentially worrisome changes,
such as heart rate or blood flow slowing or stopping. If something
appears to be off, the watch will engage the user and ask if everything
is okay. If the user confirms the need for help or does not respond, the
Heart Watch will automatically connect to the iBeat’s 24-hour dispatch
team, who can send the appropriate help – emergency medical services,
police, firefighters, friends, or family. The watch also has an
emergency button that can be pressed at any time to get users emergency
or non-emergency aid.

According to the Centers for Disease Control and Prevention, every 43
seconds, someone in the U.S. suffers a cardiac emergency, and emergency
response time can make the difference between life and death. Because
these emergencies are often unwitnessed and can happen anywhere, the
iBeat Heart Watch has the potential to reduce delays in emergency
response times, which could save lives and possibly prevent a user from
suffering brain damage or organ failure.

Features of the iBeat Heart Watch:

While the iBeat Heart Watch is intended for use as an everyday watch or
for those with a heart concern, it is also an ideal replacement and
upgrade from the antiquated medical alert devices currently on the
market. Most medical alert systems are pendants that brand the user as
sick or elderly and require the user to stay tethered to a base station
– unable to be used outside the home. They do not have the ability to
measure cardiac parameters or automatically call for help. In contrast,
the iBeat Heart Watch is a stylish watch that gives users the freedom to
go anywhere they want, whenever they want, and keeps them within reach
of immediate emergency or non-emergency aid.

“We’ve spent the past two years building a breakthrough product that is
incomparable to anything on the market,” said Ryan Howard, founder and
CEO of iBeat. “Starting today, we are eliminating the stigma of, ‘Help,
I’ve fallen and I can’t get up,’ and are empowering people to age
gracefully, while feeling fearless, exploring, and living longer. We
truly believe this mission and product will disrupt the $6
billion-dollar personal emergency response system (PERS) industry and
turn it on its head.”

iBeat is pursuing FDA approval for use of its Heart Watch as a medical
device and recently partnered with two of the top leading life insurers
and reinsurers, Transamerica
(AEG:NYSE) and SCOR
Global Life (SCR:PAR), to extend longevity.

Pricing & Purchase Details

The iBeat Heart Watch is currently for sale at www.ibeat.com
for $249, with monthly monitoring starting at $17. Users who
pre-purchase a yearly monitoring plan will save $41 on the service.
iBeat also offers 0% financing, enabling customers to forgo one full
payment and instead pay in easy and flexible monthly payments. Unlike
other medical alert devices currently on the market, the Heart Watch
does not require any contracts or commitments, and users can cancel
their service at any time.

About iBeat

Located in the heart of San Francisco, iBeat
is a health and wellness company empowering people to be fearless,
explore, and live longer lives. Their flagship product, the iBeat Heart
Watch, is a breakthrough cellular smartwatch that continually monitors
users’ heart 24-7 activity. In a life-threatening cardiac emergency,
iBeat will instantly alert the user, their loved ones, and emergency
responders in real-time, helping ensure immediate care and potentially
saving the user’s life. It also has an emergency help button that can be
pressed at any time to get users aid. While the company is pursuing FDA
approval for use of its Heart Watch as a medical device, the product is
currently a consumer wearable and is not intended for use in the
diagnosis of disease or other conditions, or in the cure, mitigation,
treatment, or prevention of disease.

View source version on businesswire.com: https://www.businesswire.com/news/home/20180711005212/en/

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