XcelMobility, Inc. Launches Cloud Connected Smartwatch
January 30 2014 - 9:48AM
Marketwired
XcelMobility, Inc. Launches Cloud Connected Smartwatch
REDWOOD CITY, CA--(Marketwired - Jan 30, 2014) - XcelMobility,
Inc. (OTCQB: XCLL) (OTCBB: XCLL) ("Xcel" or the "Company"), a
leading wearable computing device development and marketing
company, is pleased to announce its Companion Solution, the first
"always on" cloud-connected smartwatch system with software
applications specifically focused on monitoring loved ones and
private/public security forces.
The Companion Solution expands the market opportunity for Xcel's
revolutionary smartwatch by incorporating a complete
cloud-connected system enabling the smartwatch to always be
connected to Xcel's national cloud computer network offering 24/7
services to the user. The innovative Companion application software
targets two large and lucrative markets that Xcel has consistently
been working to meet the needs of.
1. Children and Elderly: The Companion Solution will offer
real-time monitoring of children and the elderly by combining
Xcel's national cloud network, innovative smartwatch and advanced
location based technologies into the world's most advanced two-way,
real-time/all-the-time monitoring system. This solution offers
peace of mind because one can always be alerted whenever a love one
needs assistance simply by wearing the smartwatch.
2. Private and Public Security Force: The Companion
Solution enables essential monitoring and communications for the
extensive security workforce population, both private and public.
It is a "Dick Tracey" smartwatch application allowing for direct
two-way communications with remote security forces anywhere and
anytime.
The CCwatch™, initially recognized for being China's first
smartwatch with a Mandarin language voice command system, is the
core technology of the Companion Solution. As an Android-based
smartwatch, the CCwatch™ has all the features of a high-end Android
smartphone, including 2G/3G data connectivity, a 1.3GHz dual core
processor, 1.54'' TFT display, Bluetooth, Wi-Fi, and NFC
connectivity, Audio Speaker & Microphone, and a 5Mpixel camera.
As an integral part of the Companion Solution, the CCWatch™ is a
standalone wearable computer allowing the user to stay connected at
all times.
Ron Strauss, Executive Chairman of the Board of XcelMobility,
Inc., stated, "Successful wearable computing devices need to solve
real problems. Our Companion Solution wraps our CCwatch™ around
what we believe to be the largest applications for smartwatch
devices, monitoring of loved ones and security communications.
Together with our partners, Mapworld China and China Unicom, we are
providing a total solution for tracking and monitoring
applications."
About XcelMobility, Inc. XcelMobility is a leading developer of
mobile internet products and services, specifically focused on
China's burgeoning mobile market of well over 1 Billion Users. The
Company is organized into two divisions including:
1. Wearable Computing Group - The group develops and
markets world leading cloud connected wearable computing solutions.
These solutions combine advanced sensors, wearable computing,
location based applications and an always connected national cloud
based network. This group targets large and lucrative monitoring
applications in both private and public markets. 2. Video and
Security Group - The Video and Security team delivers location and
video enhanced security systems for public and private security
forces in China. It is building next generation security and
surveillance systems that combine wearable computing, location
based services and cloud based advanced video solutions for
security force tracking and surveillance.
A perfect storm of innovation within low power wireless
connectivity, sensor technology, big data, cloud services, voice
user interfaces and mobile computing power is coming together and
paves the way for connected wearable technology. Through the
Company's deep relationships with China's leading mobile operators
and its ability to incorporate today's most interactive and
technologically advanced mobile devices, sensors, and software in
the cloud, it is rapidly securing a leadership position in the fast
growing wearable computing market. For more information visit:
www.xcelmobility.com and
https://www.facebook.com/pages/Xcelmobility-Inc/275827129230531
Notice Regarding Forward-Looking Statements This news release
contains "forward-looking statements" as that term is defined in
Section 27A of the United States Securities Act of 1933, as amended
and Section 21E of the Securities Exchange Act of 1934, as amended.
Statements in this press release which are not purely historical
are forward-looking statements and include any statements regarding
beliefs, plans, expectations or intentions regarding the future.
Such forward-looking statements include, among other things, the
development of new business opportunities, zero operational impact
and projected costs, future operations, revenue, profits, gross
margins and results of operations. Actual results could differ from
those projected in any forward-looking statements due to numerous
factors. Such factors include, among others, the inherent
uncertainties associated with new projects and development stage
companies. These forward-looking statements are made as of the date
of this news release, and we assume no obligation to update the
forward-looking statements, or to update the reasons why actual
results could differ from those projected in the forward-looking
statements. Although we believe that any beliefs, plans,
expectations and intentions contained in this press release are
reasonable, there can be no assurance that any such beliefs, plans,
expectations or intentions will prove to be accurate. Investors
should consult all of the information set forth herein and should
also refer to the risk factors disclosure outlined in our annual
report on Form 10-K for the most recent fiscal year, our quarterly
reports on Form 10-Q and other periodic reports filed from
time-to-time with the Securities and Exchange Commission.
Investor Relations Contact: Stanley Wunderlich Consulting for
Strategic Growth 1 Ltd. Tel: 800-625-2236 ext. 7770 Email:
info@cfsg1.com
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