Category Archives: Investor News

Unpacking the Alarming Rise in School Gun Incidents and MetAlert’s Contribution to Safety

In recent years, America’s schools have been grappling with an unsettling trend: an alarming increase in gun-related incidents on campuses across the nation. The 2022-2023 school year witnessed more than 1,150 guns discovered and seized in K-12 schools, with news reports shedding light on this deeply concerning issue. This statistic translates to an average of over six guns found each day within the educational institutions that are meant to be safe havens for our children. The Shocking Reality In countless instances, guns have been uncovered in the most unexpected places – bookbags, lockers, trash cans, bathrooms, cars, pockets, purses, and even hidden above bathroom ceiling tiles. Some of these firearms were brought unintentionally, while others were shockingly intended to harm. The true extent of the problem is likely even more extensive than reported, as The Washington Post’s investigation found that 58 percent of seizures in major school districts were never publicly reported by news organizations. The Roots […]

first major gun alert order

MetAlert Subsidiary Level 2 Security Receives FirstCommercial Purchase Order for its Gun Tracker andProvides Update Post Acquisition

LOS ANGELES, CALIFORNIA – October 9, 2023 – MetAlert, Inc. (OTC: MLRT) (“the Company”), a pioneer in GPS wearable technology and global provider in the field of human and asset tracking and recovery systems, announced through its 100% wholly owned subsidiary Level 2 Security, has received and delivered its first commercial order for the game-changing GunAlert® firearm recovery device, from Range USA which has 40+ locations across 10 states and headquartered in Cincinnati Ohio. Patrick Bertagna, MetAlert CEO, reflected “We pioneered tracking and monitoring technology for humans with a primary goal of providing safety and peace of mind. Level 2’s patented technology which specializes in monitoring unauthorized use and movement of firearms and other valuable mobile assets, is a natural synergistic extension to our product line, and ethos of providing technology that supports saving lives. We are excited about receiving our first commercial order from Range USA, the nation’s leading […]

MetAlert Completes Strategic Acquisition of Level 2 Security LLC 

MetAlert Completes Strategic Acquisition of Level 2 Security LLC  LOS ANGELES, CALIFORNIA – September 13, 2023 – MetAlert, Inc. (OTC: MLRT) (“the Company”), a pioneer in GPS wearable technology and global provider in the field of human and asset tracking and recovery systems, announced it has closed a merger agreement with Level 2 Security, LLC, a Delaware corporation (“Level 2”), pursuant to which Level 2 merged into Level 2 Security Products, Inc., a 100% wholly-owned subsidiary of MetAlert, Inc. This is a formidable step in solidifying the financial and operational position of the Company and encapsulates a vision to amplify recurring revenue streams while scaling the Company’s life-saving technology and IP portfolio. After several months of negotiations both companies completed the merger transaction which was formally announced last week in an 8-K filing. Beyond the immediate tapestry of tangible assets acquired from Level 2, including bank balances, Intellectual Property, approximately […]

MetAlert Enters Strategic Collaboration with Next Realm AI to Provide Data Setting the Stage for Predictive Health 

LOS ANGELES CALIFORNIA, August 25, 2023 (GLOBE NEWSWIRE) — MetAlert, Inc. (OTC: MLRT), a pioneer in location-sensitive health monitoring devices and wearable technology for remote patient monitoring, announces a collaboration with the Next Realm AI Research Lab, an artificial intelligence and data analytics research center located in New York. This alliance involves MetAlert providing invaluable data from its current wearable technology suite to fuel Next Realm AI’s research projects. Moreover, MetAlert will offer its expertise, guiding the best methods to harness this data, primarily focusing on location-centric healthcare technology. This partnership aims to sculpt the blueprint for predictive models within the ever evolving and growing to an estimated $62 billion by 2025 wearable health tech sector; and will focus on developing the framework for predictive health models utilizing data securely and privately aggregated from wearable tech devices. Tom Bustamante, the Founder & CEO of Next Realm AI, shared his excitement, […]

MetAlert formerly gtxcorp Large

METALERT EMBARKS ON STRATEGIC INTEGRATION OF AI INTO WEARABLE HEALTHCARE TECHNOLOGIES

LOS ANGELES, CALIFORNIA, August 21, 2023 — MetAlert, Inc. (OTC: MLRT), a pioneer in location sensitive health monitoring devices and wearable technology healthcare solutions, today announced its visionary advance into AI-driven healthcare. Initiating a series of RFPs and detailed discussions with potential developers and strategic partners, the Company is signaling its vision to incorporate groundbreaking capabilities of artificial intelligence into its various technology platforms, marking this a critical pivot for the wearable healthcare sector, and commitment to fully harness the potential of artificial intelligence to help shape the future of healthcare. Positioned to capitalize on an industry expected to reach a staggering $63 billion by 2025, MetAlert is undertaking more than just the enhancement of its remote patient monitoring solutions. This major step signifies the management’s strong belief that integrating AI into its products that are currently collecting data across the globe, is a pathway forward for laying down the […]

Distributing GPS SmartSole in Europe

Metalert OEM Manufacturer Begins Shipping into Germany and the U.K. and Increases Production

LOS ANGELES, CALIFORNIA – August 10, 2023 – Metalert, Inc. (OTC: MLRT) (“the Company”), a pioneer in location sensitive health monitoring devices and wearable technology products announced today Global Safe Tracks, its OEM manufacturer, has received its first production run and started shipping units into Germany and the U.K. Based on the initial positive feedback and forecast, an additional 1,000 devices are going into production. Global Safe Tracks is under license to manufacture a modified version of the GPS SmartSole that includes 2G technology as a fall back to 4G technology for countries where 4G coverage has not been fully implemented. The European version is sold under the brand name “SafeSole” and the made in U.S.A. Cat M1 Bluetooth / Wi-Fi version is sold under the brand name “GPS SmartSole plus.” “We are very pleased with the initial manufacturing results, and the ability for more product to quickly go into […]

Distributing GPS SmartSole in Europe

Metalert Signs Licensing and OEM Agreement with German Manufacturer

LOS ANGELES, CALIFORNIA – August 1st, 2023 – Metalert, Inc. (OTC: MLRT) (“the Company”), a pioneer in location sensitive health monitoring devices and wearable technology products announced today it has entered into an OEM licensing agreement with Global Safe Tracks, a German based IT/GPS tracking company, to manufacture and distribute its GPS SmartSole technology in Europe. Global Safe Tracks under license will manufacture a modified version of the GPS SmartSole that includes 2G technology as a fall back to 4G technology for use where 4G coverage has not been fully built out in some European countries. The European version shall be marketed and distributed under the brand name of “SafeSole” however Global Safe Tracks will also continue to market and distribute the 4G Cat M1 GPS SmartSole plus version made in the U.S.  As part of the agreement, Metalert shall also have the rights to distribute the OEM 4G/2G version […]

Smart Shoes Market is Rising at a 22.8% CAGR to Surpass US$ 2.11 Billion Valuation by 2033: Fact.MR Report

Yahoo! Finance Full Article Thu, July 20, 2023 at 4:00 AM EDT Consumers’ shift towards a healthy lifestyle in the United Kingdom is predicted to boost demand for smart shoes. Rockville, July 20, 2023 (GLOBE NEWSWIRE) — As per a new research report by Fact.MR, a provider of market research and competitive intelligence, the Smart Shoes Market stands at US$ 270 million in 2023. Worldwide demand for smart shoes is projected to rise at an exceptionally high CAGR of 22.8% through 2033. Surging sales of smart shoes are attributed to their rapidly growing use in sports and fitness activities. The smart shoes sector is expected to grow due to the development of footwear that caters to the needs of older individuals and those focused on maintaining their health. Furthermore, the rising research and development efforts aimed at technological enhancements, such as incorporating sensors with alert capabilities for speed regulation and obstacle detection, […]

Distributing GPS SmartSole in Europe

MetAlert Increases Value of its IP Portfolio by Receiving Notice of Allowance from EPO for New GPS SmartSole Patent 

LOS ANGELES, CALIFORNIA – July 26th, 2023 – MetAlert, Inc. (OTC: MLRT), a pioneer in location sensitive health monitoring devices and wearable technology products announced it has received a notice of allowance for a new patent by the European Patent Office (EPO). This will be the company’s first European utility patent in the GPS SmartSole family and will cover various ways to design, protect and manufacture a GPS, Cellular, Bluetooth and Wi-Fi monitoring electronic device embedded inside an insole including the inductive charging unit. This is the fifth patent granted to Metalert around tracking and monitoring devices within footwear with particular protection on the insole format. “We have been working on this European patent for several years and we were very pleased to hear the news about the patent allowance. The timing could not have been better as we continue to roll out new generation GPS SmartSole products across Europe […]