Hapbee Technologies Inc (TSX-V:HAPB, OTCQB:HAPBF) has unveiled the latest generation of its smart wearable device and app at the highly influential consumer electronics show (CES) in Las Vegas and told investors now is a "pivotal" time in human history as billions struggle with anxiety and stress amid the pandemic.
The firm is also showcasing its Sleepbee Sleep Mask and Sleepbee Mattress Topper at this year's conference, which runs between January 5 and 8, 2022.
Hapbee's technology has been 15 years in development and boasts over 16 US and 47 international patents covering recording and stimulation capabilities. The idea is users pair a Hapbee wearable device with their phone, place the band around their neck, the sleep mask on their eyes or lie down on the mattress topper and select a so-called Blend from the Hapbee app.
The app contains over 25 Blends (which use ultra-low radio frequency technology) and a line of smart wearable devices designed for specific uses – working, sleeping, relaxation.
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"In a world increasingly focused on wellbeing, Hapbee's advances in wearable technology take fitness, focus, daily activity and sleep to the next level. Hapbee is a wellness wearable platform that replicates the magnetic signature of ingredients like caffeine, THC, CBD, nicotine, melatonin, and others through safe, ultra-low magnetic frequencies," the company said in a statement.
"Our ground-breaking technology plays back those frequencies to your brain, giving your body the same experience as the ingredients without actually ingesting or processing it.
"Enjoy better sleep, greater focus, and pain recovery without the side effects of chemicals, pills, cigarettes, or consumables," it added.
CEO of Hapbee Yona Shtern said: "Hapbee smart wearable innovation comes at a time when mental health is at the forefront of wellness.
"Today represents an important step forward in our journey to put people in control of optimizing how they sleep, perform and feel without the numerous side effects of ingesting substances that carry unwanted side effects.
"The addition of the Sleepbee Sleep Mask and the Sleepbee Mattress Topper extends the utility of the companion Hapbee App & Blends and truly makes Hapbee a 24-hour product. It opens a whole new era in wellness that is grounded in science and driven by user feedback."
Hapbee noted that the global wellness market was now worth $4.2 trillion. It added that its signal blends included Morning Coffee, Deep Work, Master Your Attention, Bedtime and Deep Sleep, with more blends expected in 2022.
The company has offices in Montreal, Vancouver, Seattle and Phoenix.
Contact the writer at giles@proactiveinvestors.com