LOUISVILLE, Ky., June 02, 2025 (GLOBE NEWSWIRE) -- LogicMark, Inc. (the "Company"), a provider of personal emergency response systems ("PERS"), health communication devices, and technology for the growing care economy, today announced that it expects that its common stock will begin trading on the over-the-counter markets ("OTC Markets"), effective today. The move to OTC Markets follows Nasdaq's decision to delist the Company's common stock at the opening of trading today, due solely to the Company's non-compliance with Nasdaq's $1.00 minimum bid price requirement. Chia-Lin Simmons, CEO of LogicMark, emphasized the importance of this transition, stating, "The ability to continue quotation

LOUISVILLE, Ky., April 28, 2025 (GLOBE NEWSWIRE) -- LogicMark, Inc. (NASDAQ:LGMK) (the "Company"), a provider of personal emergency response systems (PERS), health communication devices, and technology for the growing care economy, today announced changes to its Board committee assignments. The LogicMark Board of Directors maintains an Audit Committee, a Compensation Committee, and a Nominating and Corporate Governance Committee. The Board comprises four independent non-executive directors who serve on the Committees and the Company's Chief Executive Officer (CEO), totaling five directors. The following new Board committee assignments reflect LogicMark's ongoing efforts to ensure that it

LOUISVILLE, Ky., April 01, 2025 (GLOBE NEWSWIRE) -- LogicMark, Inc. (NASDAQ:LGMK), a provider of personal emergency response systems (PERS), health communications devices, and advanced technology for the growing personal care and safety economy, today announced a major breakthrough in senior care access. The company's Freedom Alert Max, its latest medical alert innovation, has secured approval to be procured through the U.S. General Services Administration (GSA). This approval empowers agencies, including the Veterans Administration (VA), to purchase and distribute the Freedom Alert Max to the communities they serve.  This latest milestone expands LogicMark's federal portfolio, with the F

LOUISVILLE, Ky., Feb. 18, 2025 (GLOBE NEWSWIRE) -- LogicMark, Inc. (NASDAQ:LGMK) (the "Company"), a provider of personal emergency response systems, health communications devices, and technology for the growing care economy, today announced the closing of its public offering. The public offering consisted of 2,260,000 units and 22,146,750 pre-funded units, with each unit consisting of one share of common stock (or for each pre-funded unit, one pre-funded warrant in lieu of one share of common stock), one Series C warrant to purchase one share of common stock and one Series D warrant to purchase one share of common stock. Gross proceeds, before deducting placement agent fees and estimated

LOUISVILLE, Ky., Feb. 18, 2025 (GLOBE NEWSWIRE) -- LogicMark, Inc. (NASDAQ:LGMK) (the "Company"), a provider of personal emergency response systems, health communications devices, and technology for the growing care economy, today announced the pricing of its public offering and the scheduling of its special stockholder meeting for March 24, 2025. Public Offering The public offering consists of 2,260,000 units and 22,146,750 pre-funded units, with each unit consisting of one share of common stock (or for each pre-funded unit, one pre-funded warrant in lieu of one share of common stock), one Series C warrant to purchase one share of common stock and one Series D warrant to purchase one sh

LOUISVILLE, Ky., Feb. 11, 2025 (GLOBE NEWSWIRE) -- LogicMark, Inc. (NASDAQ:LGMK) (the "Company"), a provider of personal emergency response systems (PERS), health communication devices, and technology for the growing care economy, today announced the launch of the next generation of Guardian Alert 911 Plus, its best-selling medical alert device. "For LogicMark, innovation means accessibility," commented Chia-Lin Simmons CEO. "We continue executing on our strategy to expand our footprint in the care economy, with products that are easy-to-use and available to a broad range of consumers. The product launch represents another step forward in our mission to provide compassionate, forward-thin

LOUISVILLE, Ky., Jan. 14, 2025 (GLOBE NEWSWIRE) -- LogicMark, Inc. (NASDAQ:LGMK), a provider of personal emergency response systems (PERS), health communications devices, and technology for the growing personal care and safety economy, today announced expanding access to its safety devices through the Medicaid Waiver system in Colorado, Oregon, Idaho, Utah, Nevada, and South Dakota. This new government integration will enable eligible individuals to receive full or partial reimbursement for monthly monitoring fees when leasing LogicMark's medical alert devices. Eligible seniors can now access LogicMark's renowned safety devices without incurring significant out-of-pocket costs.

LOUISVILLE, Ky., Nov. 19, 2024 (GLOBE NEWSWIRE) -- LogicMark, Inc. (NASDAQ:LGMK) (the "Company"), a provider of personal emergency response systems (PERS), health communication devices, and technology for the growing care economy, today announced the launch of Freedom Alert Max, the latest advancement in the company's on-the-go product suite. The most advanced medical alert on the market, the Freedom Alert Max offers over-the-air updates providing new features and improvements regularly, such as medication reminders and the fall detection algorithm. Freedom Alert Max offers geofencing for patients with dementia and Alzheimer's, cellular communication technology, fall detection, and the 988

LOUISVILLE, Ky., Nov. 15, 2024 (GLOBE NEWSWIRE) -- LogicMark, Inc. (NASDAQ:LGMK) (the "Company"), a provider of personal emergency response systems (PERS), health communications devices, and technology for the growing care economy, today announced that the Company's board of directors has approved a reverse stock split of its common stock at a ratio of 1 post-split share for every 25 pre-split shares. The Company's board of directors also approved a corresponding 1-for-25 reverse stock split ratio for its Series C preferred stock, which will occur simultaneously with the reverse stock split of its common stock. The reverse stock splits were approved at a Special Meeting of Stockholders, h

LOUISVILLE, Ky., Nov. 12, 2024 (GLOBE NEWSWIRE) -- LogicMark, Inc. (NASDAQ:LGMK), a provider of personal safety, emergency response systems (PERS), health communications devices, and technology for the growing care and safety economy, today announced financial results for the third quarter ended September 30, 2024. Financial and Operational Highlights: Revenues rose to $2.7 million in the third quarter of 2024, a 14% year-over-year increase.Gross profit increased to $1.8 million, a 13% increase over the third quarter of 2023.Gross margin was 67%, a level consistently maintained over the past six quarters.Overall operating expenses were $3.4 million, flat with the prior year period. Chia

LOUISVILLE, Ky., Oct. 31, 2023 (GLOBE NEWSWIRE) -- LogicMark, Inc. (NASDAQ:LGMK) (the "Company"), creator of the most innovative personal safety and security technology designed for the care economy, today announced that Carine Schneider, FGE, and Tom Wilkinson will join as the newest members of its Board of Directors. Ms. Schneider and Mr. Wilkinson both bring decades of corporate governance, finance, operations, technology, M&A, advisory and CEO experience. "I am thrilled to welcome Carine and Tom to our Board of Directors. Carine's demonstrated history of leadership and innovation in the technology and finance sectors, coupled with Tom's extensive experience and influential work with a

LOUISVILLE, Ky., Oct. 31, 2023 (GLOBE NEWSWIRE) -- LogicMark, Inc. (NASDAQ:LGMK) (the "Company"), creator of the most innovative personal safety and security technology designed for the care economy, today announced that Carine Schneider, FGE, and Tom Wilkinson will join as the newest members of its Board of Directors. Ms. Schneider and Mr. Wilkinson both bring decades of financial services, international business, and consulting experience. "I am thrilled to welcome Carine and Tom to our Board of Directors. Carine's demonstrated history of leadership and innovation in the technology and finance sectors, coupled with Tom's extensive experience and influential work with a variety of succes

Modivcare Inc. (the "Company" or "Modivcare") (NASDAQ:MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions focused on improving health outcomes, today announced that Barbara Gutierrez has agreed to join Modivcare as its Chief Financial Officer (CFO) with an expected start date of September 18, 2023. "I am delighted to announce the appointment of Barbara Gutierrez as our new Chief Financial Officer. Barb is an established finance leader within the healthcare industry, and I am confident that she will help Modivcare drive results as we advance our journey to becoming One Modivcare," said L. Heath Sampson, Chief Executive Of

LOUISVILLE, Ky., March 07, 2023 (GLOBE NEWSWIRE) -- LogicMark, Inc. (NASDAQ:LGMK) (the "Company") today announced the results of the Special Meeting of Stockholders, held this afternoon. All proposals subject to vote were approved by shareholders, including the ratification of the appointment of BPM LLP as the Company's independent registered public accountants for the fiscal year ending December 31, 2022, the adoption of the Company's 2023 Stock Incentive Plan, the reincorporation of the Company from Delaware to Nevada, and the Company's two reverse stock split proposals relating to the Company's common stock and Series C preferred stock, as described in the Proxy Statement on Schedule

LOUISVILLE, Ky., Dec. 08, 2022 (GLOBE NEWSWIRE) -- LogicMark, Inc. (NASDAQ:LGMK) (the "Company" or "LogicMark"), a provider of personal emergency response systems (PERS), health communications devices, and technology for the growing care economy, today announces the appointment of Brady Farrell as its new Vice President of Sales. Mr. Farrell joins LogicMark with extensive sales experience at various MedTech firms. Most recently, he was vice president of sales at KBK Healthcare Consulting where he was responsible for the leadership and direction of key business partner engagements, business development and strategic planning. Prior to this role, Mr. Farrell served as sales director at Avin

LOUISVILLE, Ky., Oct. 20, 2022 (GLOBE NEWSWIRE) -- LogicMark, Inc. (NASDAQ:LGMK) (the "Company" or "LogicMark"), a provider of personal emergency response systems (PERS), health communications devices, and technology for the growing care economy, today announces the appointment of senior marketing executive Garett Hunter as its Senior Vice President of Marketing effective October 17, 2022. Mr. Hunter joins LogicMark with 20 years of relevant marketing experience, most recently in his role as senior vice president and general manager of LifeMD Inc, a rapidly growing direct-to-consumer telemedicine company. Prior to this role, Mr. Hunter served as vice president of growth at Yumi, Inc., an

LOUISVILLE, Ky., Sept. 09, 2022 (GLOBE NEWSWIRE) -- LogicMark, Inc. (NASDAQ:LGMK) (the "Company" or "LogicMark"), a provider of personal emergency response systems (PERS), health communications devices, and technology for the growing care economy, today announced the appointment of John Federico as senior director, product for the Company, effective September 7, 2022. "John has extensive experience in product management across a number of technologies, and a measured ability to work collaboratively with teams in the creation and commercialization of technology offerings for business and the consumer alike. We look forward to working closely with him as we continue to execute on our strate

LOUISVILLE, Ky., Sept. 01, 2022 (GLOBE NEWSWIRE) -- LogicMark, Inc. (NASDAQ:LGMK) (the "Company" or "LogicMark"), a provider of personal emergency response systems (PERS), health communications devices, and technology for the growing care economy, today announces the results from its 2022 annual general meeting of shareholders held August 25, 2022. All five of the Board's nominees - Chia-Lin Simmons, Robert A. Curtis, Sherice R. Torres, John Pettitt, and Barbara Gutierrez were elected to serve as directors of the Company. The appointment of BPM as the independent registered public accounting firm of the Company for the fiscal year ending December 31, 2022 was not ratified by the affirmati

LOUISVILLE, Ky., May 24, 2022 /PRNewswire/ -- LogicMark, Inc. (NASDAQ:LGMK) (the "Company" or "LogicMark") (formerly Nxt-ID, Inc.), a provider of personal emergency response systems (PERS), health communications devices, and IoT technology for the growing care economy, today announces the appointment of seasoned financial executive Barbara Gutierrez to its Board of Directors. Ms. Gutierrez will chair the Audit Committee of the Board. Ms. Gutierrez is an accomplished leader with more than 30 years of experience in executive and financial leadership roles with high growth, entre

LOUISVILLE, Ky., April 19, 2022  /PRNewswire/ -- LogicMark, Inc. (NASDAQ:LGMK) (the "Company" or "LogicMark") (formerly Nxt-ID, Inc.), a provider of personal emergency response systems (PERS), health communications devices, and IoT technology for the growing Care Economy, announces financial and operating results for the fourth quarter and full year ended December 31, 2021.   Chia-Lin Simmons, LogicMark's Chief Executive Officer, commented, "As we close the books on 2021, we open a new chapter for our company, which focuses on building a growth-oriented technology platform.  L