METALERT INC Stock Price, News & Analysis

MetAlert, Inc. (OTC: MLRT) has launched its new 4G GPS SmartSole in Sweden via distribution partner Posifon AB. This initiative is linked to a national service agreement with major municipalities aimed at enhancing home care and security for seniors, specifically those with Alzheimer's and Dementia. Initial shipments will target healthcare organizations across Sweden. The upgraded SmartSole features an extended battery life of up to five days. MetAlert plans to introduce the GPS SmartSole Plus soon, which includes advanced tracking capabilities and a new design, aiming to boost sales across Scandinavia and Europe.

MetAlert, Inc. (OTC: MLRT) announced a Heads of Terms to acquire TrakTec LLC for a total of $4.5 million in cash and stock. This acquisition will enhance MetAlert's position in the location awareness technology sector, benefiting from TrakTec's range of products, including iGPS Watches and SafetyNet Tracking Systems. The deal, expected to close by March 17, 2023, aims to expand MetAlert's subscriber base, increase revenues, and position the company for potential uplisting to a national exchange.

MetAlert, Inc. (OTC: MLRT) has issued a year-end update to shareholders, emphasizing significant company restructuring and strategic advancements. The introduction of the SmartSole plus® enhances location-sensitive health monitoring, integrating advanced features such as real-time health data collection. Key milestones include the elimination of variable convertible debt, successful rebranding, and partnerships with firms like Norway's Sensio Group for product distribution. Despite recent stock price declines, MetAlert remains optimistic about growth opportunities, including potential stock exchange uplisting and developing AI capabilities.

MetAlert, Inc. (OTC: MLRT) announced the engagement of Joseph Gunnar & Co. as its financial advisor to assist in financing alternatives and potential acquisitions. CEO Patrick Bertagna highlighted this as a pivotal moment for the company to enhance revenue per user. MetAlert's RoomMate initiative, a wall-mounted 3D sensor designed to prevent falls among older adults, showcases the company's commitment to innovative health monitoring solutions. With increasing global demand for such technologies, the partnership aims to maximize shareholder value and facilitate plans for a national exchange up-listing.

MetAlert, Inc. (OTC: MLRT) has appointed Joseph Gunnar & Co. as its financial advisor, focusing on funding options, acquisitions, and a potential national exchange up-listing. CEO Patrick Bertagna emphasized an upcoming growth phase, aiming to enhance revenue per user through diverse product offerings. Additionally, the company introduced the RoomMate initiative, a 3D sensor aimed at preventing falls among older adults, a significant health risk. This device aligns with MetAlert's strategy of leveraging technology to improve health monitoring and mobile solutions.

MetAlert (OTC: MLRT) has launched the award-winning 4G GPS SmartSole in Canada, a wearable device for monitoring Alzheimer’s, dementia, and autism. This initiative is aided by a comprehensive marketing campaign set to coincide with National Alzheimer’s Awareness Month in the U.S. The device aids caregivers by allowing discreet tracking of loved ones. The launch comes amidst a significant investment of a billion dollars by the U.S. government in Alzheimer’s research. Medicaid reimbursement is available for qualifying customers, enhancing product accessibility.

MetAlert, a leader in wearable GPS tracking, has selected Pod Group's ENO ONE IoT SIM cards for its innovative GPS SmartSole. This product discreetly monitors Alzheimer’s and Autism sufferers and has recently gained exposure through Gadget Guys for the upcoming holiday season, reaching approximately 3.2 million households. The SmartSole, operational in over 35 countries, utilizes advanced technology for location tracking with geofencing capabilities. This partnership facilitates global connectivity, enhancing the product's effectiveness.

MetAlert, Inc. (OTC: MLRT), focusing on wearable GPS tracking, has received final regulatory approval for its rebranding and new ticker symbol MLRT. The company has engaged North Equities Corp for digital marketing to enhance brand awareness in the medical device and remote patient monitoring sectors. Media coverage has increased significantly post-rebranding, with mentions across U.S. and international outlets. MetAlert plans to continue its media campaign to promote solutions for health, safety, and wellness.