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Thursday, September 22, 2022 9:00:29 AM
https://www.yahoo.com/entertainment/metalert-reports-recent-corporate-actions-122200986.html
MetAlert Reports Update on Recent Corporate Actions and New Strategic Partnerships
LOS ANGELES CALIFORNIA, Sept. 22, 2022 (GLOBE NEWSWIRE) -- MetAlert Inc. (OTC: GTXOD) formerly known as GTX Corp, a pioneer in the field of health & safety, wearable GPS human and asset tracking systems, and personal protective medical equipment, today announced its recent evolution and rebranding of the Company to reflect the broader vison centered around solutions that improve health, safety, wellness, longevity, and quality of life. The Company has a new name, updated logo, tagline and website www.metalert.com. Further, MetAlert effectuated a reverse stock split, a new CUSIP number and anticipates changing its ticker symbol in the coming weeks.
“We are excited to be moving forward under the new MetAlert brand. The name GTX Corp no longer represents everything that we are doing or our vision of the future. In the beginning, our focus was primarily on tracking and Global Trek Exploration (a.k.a. “GTX”) and that moniker made sense. In recent years, we have been focusing on bringing solutions to the market that transform people’s lives, and with this transformation we felt the need for big and bold changes.” Stated Patrick Bertagna, MetAlert CEO.
MetAlert will be temporarily trading under the ticker symbol GTXOD for the next 20 business days before a new permanent ticker symbol will be assigned to the Company.
The Company’s 2 subsidiaries – Global Trek Xploration and LOCiMobile will both remain operating and 100% wholly owned by MetAlert.
Paving the way for the future, the Company also recently signed several new agreements to begin manufacturing and selling complimentary products to its existing line of wearable devices. The new product launches, scheduled to begin next month, include, telemedicine services, wearable devices, that will integrate with the Company’s flagship GPS SmartSole platform, and a revolutionary new product called RoomMate, which is the latest and most advanced remote monitoring and fall detection system on the market today. It is a simple to use solution for remotely looking after patients without intruding on their personal space, allowing for a total ‘anonymized’ supervision and monitoring service using Infrared 3D technology. Not only is MetAlert building on its existing flagship product line of GPS Wearable Technology, but also introducing new complementary products and services designed to improve and extend people’s lives.
Patrick Bertagna continued with, “It is an exciting time for the Company and its shareholders as MetAlert promises to keep all of the innovative elements of GTX Corp but also build beyond just its line of GPS wearable products. We truly believe ‘knowledge is health’. We realize there is a lot to digest, but now that we are out of our quiet period, we plan to have more announcements in the following weeks. With gratitude, we thank all of our loyal supporters, and for a closer look at what is next, you can read this recent interview we did with Security Solutions Watch.”
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