MLRT - Shares on the Rise Following New Production Announcement for Wearable Monitoring Device Firm

2023-08-10 10:20:31 ET

Representing almost 3 percent of the world’s population are those afflicted with %Alzheimer , dementia, and autism. A main concern for caregivers is the possibility that their loved ones may wander. This company, a leading solution provider for this demographic, just started shipping units into the UK and Germany.

Location sensitive %HealthMonitoring device producer %Metalert (OTC: ) is a pioneer in wearable technology products. In a press release announced today, the firm announced that its OEM manufacturer, Global Safe Tracks, received its first production run and started shipping units into Germany and the U.K.

Using the latest in miniaturized, low power consumption GPS, cellular and other technologies, Metalert enables caregivers to track and monitor patients in real time. The firm’s award-winning patented GPS SmartSole® is the world’s first invisible wearable technology tracking device created for those at risk of wandering due to Alzheimer’s, dementia, autism, and traumatic brain injury.

Shares were trading up after the opening bell at $0.098 per share.