LGMK - LogicMark Signs Manufacturing Agreement with U.S. based AQS to Provide New PERS Devices to the Care Economy | Benzinga
LOUISVILLE, Ky., Aug. 29, 2023 (GLOBE NEWSWIRE) -- LogicMark, Inc. (NASDAQ:LGMK) (the "Company"), creator of innovative personal safety and security technology for the care economy, today announced an agreement with All Quality and Services, Inc. (AQS) to engineer and manufacture new hardware devices, the first product of which is scheduled to launch next year.
"Having an additional contract manufacturer based in the U.S. helps us diversify our risk and minimize supply chain disruptions, ensuring our customers have the products they need. Our customers are also requesting products that are ‘Made in USA'. With existing tariffs on imported products, manufacturing in the USA is now more competitive, which allows us to increase the number of cost effective customer solutions. We look forward to partnering with AQS to help us introduce new products into the marketplace, which will supplement life saving products already in our pipeline expected for launch in 2023 and 2024," said LogicMark CEO, Chia-Lin Simmons.
"For more than three decades, we've provided our customers with a one-stop solution for all their needs in high-quality electronics manufacturing and engineering services so that they can thrive in any dynamic competitive environment," said Bruce Lee, Vice President of Operations with AQS. "We're looking forward to working with LogicMark to deliver the most innovative personal safety and security technology to the aging population, in a timely manner."
Today's aging population deserves fast and reliable access to the most innovative personal safety and security technology available. AQS – which is ISO 13485 certified – is ...