LOS ANGELES, January 25, 2023 (Globe Newswire) – MetAlert, Inc. (OTC: MLRT), announces the launch of its new 4G GPS SmartSole in Sweden through its distribution partner Posifon AB. The upgraded GPS SmartSole introduction will be an important part of Posifon’s recently won national service agreement with major municipalities across Sweden related to providing home care, personal tracking, and security for seniors. Initial shipments of the GPS SmartSole will be distributed to healthcare organizations, from memory care clinics to hospitals and social care organizations across Sweden.
“We are excited to launch this next generation 4G Cat M1 GPS SmartSole in one of Europe’s most advanced healthcare countries when it comes to addressing the needs of Alzheimer and Dementia patients, “stated Andrew Duncan Metalert Director. “Our partner Posifon has done an incredible job in securing national distribution channels after many years of trials and evaluation by the Swedish authorities.”
“We are very pleased by how well this latest generation of the Made in U.S.A. SmartSole has been received by our customers, especially with an extended battery life that can last up to 5 days” stated Henrik Essunger, Managing Director Posifon AB. “As the year progresses, we expect sales to increase significantly, across Sweden and other parts of Scandinavia and Europe.”
The next generation SmartSoles were recently featured in a BCS article, titled ‘How a hidden Tracker is Saving Lives’. The BCS organization is the chartered institute for IT, with over 60,000 members in 150 countries. Metalert is also expected to announce the launch of its GPS SmartSole Plus product later in the quarter. The GPS SmartSole Plus will come with all of the normal GPS SmartSole features plus Wi-Fi tracking for indoors and Bluetooth for connecting to other wearable medical devices, thus turning the SmartSole Plus into a mobile hub. It will also boast a new innovative design which can support an add-on option for carbon fiber reinforcement plates for heavy duty or military grade use.
For all press or sales inquiries, please contact MetAlert at info@metalert.com
Based in Goteborg, Sweden, Posifon AB is an IT/telecom company that, based on app- and mobile technology, develops new services for increased welfare. Positioned as an innovative company with a close connection to its customers, Posifon’s vision is that everyone, regardless of age, family situation, living situation and ability should be able to feel safe, independent, and part of a community. Safety and independence means a higher quality of life. To fulfill the vision, Posifon develops and offers mobile safety alarms with advanced additional services. Posifon is the leading player on the market for GPS based personal safety alarms in Sweden,. have a strong market share in Norway and works through partners in the rest of Europe.
Contact:henrik.essunger@posifon.se
MetAlert (OTC: MLRT) and its subsidiaries occupy a commanding position in the design, development, manufacturing, distribution, sales, and licensing of GPS wearable technology, asset recovery services, wandering assistive technology, and health data collection and monitoring. With over two decades of industry expertise and a robust portfolio of patents, MetAlert is the go-to solution provider for consumers and patients grappling with mobility, cognitive, and spatial awareness challenges. This demographic represents approximately 2.9% of the global population. The Company delivers comprehensive global solutions encompassing logistics, hardware, software, and connectivity.
Notable achievements include the groundbreaking GPS SmartSole®, a fusion of Dr. Scholl’s comfort with LoJack’s tracking prowess. It stands as the world’s inaugural invisible wearable tracking device, designed for individuals susceptible to wandering due to Alzheimer’s, dementia, autism, and traumatic brain injury. MetAlert’s subscription-based model thrives on technology innovation fortified by intellectual property safeguards. The company boasts international distribution channels serving customers across 40 countries, alongside its role as a U.S. Military Government contractor. In addition to public health entities, MetAlert caters to municipalities, emergency and law enforcement agencies, private educational institutions, assisted living facilities, NGOs, senior care residences, consumers, and small enterprises. Recognizing its excess capacity within its distribution center and backend processes also presents an opportunity to expand revenue streams and diversify its operations.
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Forward Looking Statements
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