Com-Guard.com Inc. (OTC:CGUD) Launches New App to Prevent Falls Among Older Adults

One of the companies that could be of keen interest among investors this morning is Com-Guard.com Inc. (OTC:CGUD) owing to the latest announcement from the company. Yesterday it came into focus after it announced the launch of a new app meant to tackle the increasing instances of falls among older adults.

Innovative New Offering

It should be noted that Com-Guard.com had been involved in the development and design of security and IoT applications for more than a decade and a half. Yesterday, in its news release, the company announced that the new app aimed to prevent falls among older adults through the monitoring of their walking symmetry so that they could be notified about their gait and thereby prevent falls.

Further Information

The app, known as iTrackHealthAI, is currently available for iPhone users, and the users would need to enable the Apple Health App so as to make it as effective as possible. The integration with Apple Health would allow the users to use the app for free and also allow them to set alerts in relation to some of the other important health related metrics. It remains to be seen if the Com-Guard.com stock gets any traction today or not.

CEO Quote

“There are approximately 70 million Baby Boomers in the United States, and the Baby Boomer generation is aging, with the youngest Boomers reaching 60 years old by 2024. This will increase demand for age-related products and services, and the healthcare market is expected to grow substantially as Boomers age,” said Dr. Edward W. Savarese, Chairman and CEO.