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, entrepreneurial companies in a range of industries. She has
directed and improved the financial operations of public, private
equity and privately held companies, with extensive experience with
capital transactions like IPOs, capital raises, and M&A
transactions.
She currently serves as chief financial officer of InnovAge
Holding Corp. (Nasdaq: INNV) and has served as chief financial
officer and chief people services officer for Hero DVO, LLC and in
senior leadership roles at Strad Energy Services, Jones Knowledge
Group, PhyCor, and HealthOne. She has also served as a board member
of Jones International University, Camp
Fire Girls of Colorado (where she
she served as treasurer of the Board), and corporate secretary for
Strad Energy Services, a TSX-traded company.
Ms. Gutierrez is a graduate, magna cum laude, of the
University of Denver, and is a
certified public accountant and chartered global management
accountant.
Chia-Lin Simmons, LogicMark's
Chief Executive Officer, commented, "Barbara's work with InnovAge
is at the forefront of value-based senior healthcare and relates
directly to our dedication to helping people age on their terms.
She understands our business and will be instrumental in helping us
to grow within the B2B vertical, and we look forward to her
guidance and wisdom as we continue to transform LogicMark beyond
being a product development company with limited scope."
"LogicMark stands on the precipice of considerable change as it
redefines what it means to be part of the care economy. They've
made significant strides towards optimization, aided by their
long-held relationships and truly innovative product team. I'm
looking forward to collaborating with the board and executive
leaders to help the Company continue this success." added Ms.
Gutierrez.
About LogicMark, Inc.
LogicMark, Inc. (Nasdaq: LGMK) provides personal emergency
response systems (PERS), health communications devices and IoT
technologies to create a Connected Care Platform. The Company's
devices give people the ability to receive care at home and
confidence to age in place. LogicMark revolutionized the PERS
industry by incorporating two-way voice communication technology
directly into its medical alert pendant and providing this
life-saving technology at a price point everyday consumers can
afford. The Company's PERS technologies are sold through the United
States Veterans Health Administration and dealers/distributors.
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.
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 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.
Investor Relations Contact:
CORE IR
Investor@logicmark.com
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SOURCE LogicMark Inc.