MetAlert (OTC: MLRT), renowned for its pioneering efforts in GPS wearable technology and its leadership in human and asset tracking and recovery systems, has signed a strategic partnership agreement with Personal Care Products by “ME” (“PCPbyMe”). The agreement outlines new management distribution, fulfillment and subscription rights for MetAlert, which will acquire the distribution and subscription management rights for the “ME” product line. In addition, the two companies agreed to sign a definitive agreement within the next 90 days outlining MetAlert’s management of PCPbyMe’s inventory logistics, shipping operations, and processing of the monthly subscription billing and credit card processing for the “ME” line. Florida-based PCPbyMe is a technology powerhouse reshaping the landscape of men’s personal care. The partnership is the first step in what the companies anticipate will be an expanding relationship in thee future.
“We look forward to developing this partnership with PCPbyMe and see it as another strategic move to bolster our core operations and expand our visibility into a new market,” said MetAlert CEO Patrick Bertagna in the press release. “It aligns with our established proficiency in managing customer subscriptions and product fulfillment, which we regularly do for our own products and have for other companies in the past. MetAlert’s commitment to improving lives and enhancing safety through technological innovation remains unwavering. To that end, we are also pleased to announce this new partnership with PCP by ME, which allows us to not only maximize our existing infrastructure but also achieve economies of scale, leading to more efficient operations and better margins. By integrating our expertise in distribution and customer subscription management, we’re setting ‘ME’ on a path to success in a burgeoning market and MetAlert on a path to broader horizons and future opportunities that extend beyond our current offerings.”
To view the full press release, visit https://ibn.fm/iN9vm
About MetAlert Inc.
MetAlert 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(R), 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. For more information about this company, please visit www.MetAlert.com.
NOTE TO INVESTORS: The latest news and updates relating to MLRT are available in the company’s newsroom at https://ibn.fm/MLRT
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