Carine Schneider and Tom Wilkinson Join LogicMark’s Board of Directors to Help Accelerate Growth
October 31 2023 - 8:00AM
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
successful technology companies, align perfectly with LogicMark’s
vision to transform the care economy and improve the safety and
quality of life for all,” said Chia-Lin Simmons, CEO of LogicMark.
“We’re looking forward to their guidance and expertise as we take
the next step in our evolution as a company.”
Ms. Schneider is a co-founder of Compass Equity Strategic
Advisors and possesses extensive experience in the private market
and global compensation industry. She was most recently the
President of AST Private Company Solutions, the provider of
Astrella, a SaaS solution, which allows private companies to manage
their shareholder data. Ms. Schneider started her career as a
Manager of Shareholder Relations at Oracle Corporation, where she
assisted in the company’s IPO. She was formerly the President,
Nasdaq Private Market, CEO of Certent, Founder and CEO of Global
Shares, Partner at PwC, Director of Strategic Planning with Morgan
Stanley, and was the Leader of the Global Stock Plan Services at
Towers Watson. She published her first book “The Democratization of
the Private Market” in 2021 and founded the Global Equity
Organization (GEO), where she now serves as Chair Emeritus. Ms.
Schneider also served on the Board of Directors of Certent, Global
Shares and AST Private Company Solutions. She holds a Bachelor’s
degree from the University of California, Santa Cruz, is a Fellow
of Global Equity (FGE) and will lead LogicMark’s Compensation
committee.
“LogicMark is leading the charge to transform the rapidly
growing care economy and ‘silver tsunami,’” said Ms. Schneider.
“The urgency for bringing modern solutions like those LogicMark
provides is more significant than ever, and it’s inspiring to join
an organization that is making meaningful strides in empowering
everyone to embrace independence.”
Mr. Wilkinson is a professional advisor and consultant through
his businesses, Wilkinson & Company and re/Manifest, which he
founded to provide turn around, M&A and business growth
advisory services. He also previously served as Chief Financial
Officer for Amherst Holdings, a financial services company focused
on real estate and real estate financing. In this role, Mr.
Wilkinson took part in the successful sale of Amherst’s broker
dealer subsidiary, significant capital generation for new
strategies and the spin-off of one of the largest single-family
equity businesses in the United States. He brings to Logicmark
significant Board and financial experience, as well as expertise in
mergers and acquisitions, international business, and governance.
He has both Master’s and Bachelor’s degrees from the University of
Texas and is a Certified Public Accountant in Texas.
“I’m thrilled to join LogicMark during this pivotal moment in
the care economy,” said Mr. Wilkinson. “I’m extremely impressed
with the team and their passion, deep understanding of consumer
needs, and ability to create innovative technological solutions
that allow people of all ages to lead an independent life.”
About LogicMark, Inc. LogicMark, Inc. (Nasdaq:
LGMK) is on a mission to let people of all ages lead a life with
dignity, independence and the joy of possibility. LogicMark
provides personal emergency response systems (PERS), health
communications devices, personal safety apps, services and
technologies to create a Connected Care Platform. Made up of a team
of leading technologists with a deep understanding of IoT, AI and
machine learning and a passionate focus on understanding consumer
needs, LogicMark is dedicated to building a ‘Care Village’ with
proprietary technology and creating innovative solutions for the
care economy. The Company’s PERS technologies are sold through the
United States Veterans Health Administration, dealers, distributors
and direct to consumer. LogicMark has been awarded a contract by
the U.S. General Services Administration that enables the Company
to distribute its products to federal, state, and local
governments. To learn more, visit logicmark.com and
investors.logicmark.com.
Forward-Looking Statements This press release
contains forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. Forward-looking
statements reflect management’s current expectations, as of the
date of this press release, and involve certain risks and
uncertainties. Forward-looking statements include statements herein
with respect to the reverse stock splits described above and the
successful execution of the Company’s business strategy. The
Company’s actual results could differ materially from those
anticipated in these forward-looking statements as a result of
various factors. Such risks and uncertainties include, among other
things, our ability to establish and maintain the proprietary
nature of our technology through the patent process, as well as our
ability to possibly license from others patents and patent
applications necessary to develop products; the availability of
financing; the Company’s ability to implement its long range
business plan for various applications of its technology; the
Company’s ability to enter into agreements with any necessary
marketing and/or distribution partners; the impact of competition,
the obtaining and maintenance of any necessary regulatory
clearances applicable to applications of the Company’s technology;
the Company’s ability to maintain its Nasdaq listing for its common
stock; and management of growth and other risks and uncertainties
that may be detailed from time to time in the Company’s reports
filed with the SEC.
ContactYuki Klotz-BurwellSutherlandGold for
LogicMarklogicmark@sutherlandgold.com
Photos accompanying this announcement are available
at:https://www.globenewswire.com/NewsRoom/AttachmentNg/37a9d7c1-e211-4c22-88ec-91fc2c79117ahttps://www.globenewswire.com/NewsRoom/AttachmentNg/788ec2e1-f95f-40da-a15f-c8e6a3ffd04a
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