EmFinders has obtained funding from TruePosition, Inc. that will help support the launch, sales and distribution of the EmFinders EmseeQ device and service. The EmFinders EmseeQ is a bracelet device designed to be worn by individuals with a propensity to wander and become lost, such as people with Alzheimer's disease. The device is remotely activated and works with 9-1-1 call centers to report the location of wandering individuals in emergency situations.
"We are extremely pleased to have the support of TruePosition and Liberty Media Corporation," states Jim Nalley, EmFinders co-founder and CEO. "This investment is a testament to the value of our mission and the ever-increasing market potential of our offering. We look forward to a successful launch of EmFinders EmseeQ in early fall and continued product evolutions moving forward."
There is certainly a growing need for these types of devices. The remote activation and ability to contact 9-1-1 are useful features. A downside with a watch-like device is that an Alzheimer's patient might remove it. EmFinders says the device uses the national cellular network, which covers over 95% of the U.S. Pricing information for the device and service has not yet been revealed.
