PERS

LogicMark, Inc. Postpones Release of Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Monday, April 1, 2024
E-commerce, Growth, LGMK, Annual report, Patent, Marketing, PERS

LogicMark, Inc. (Nasdaq: LGMK) provides personal emergency response systems (PERS), health communications devices, and technologies to create a Connected Care Platform.

Key Points: 
  • LogicMark, Inc. (Nasdaq: LGMK) provides personal emergency response systems (PERS), health communications devices, and technologies to create a Connected Care Platform.
  • The Company’s devices give people the ability to receive care at home and the confidence to age in place.
  • 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.

LogicMark, Inc. Reschedules Release of Fourth Quarter and Full Year 2023 Financial Results to April 1, 2024

Retrieved on: 
Wednesday, March 27, 2024
PDT, Growth, CFO, EDT, LGMK, Patent, Marketing, PERS

LogicMark now expects to release results before the market opens on Monday, April 1, 2024.

Key Points: 
  • LogicMark now expects to release results before the market opens on Monday, April 1, 2024.
  • Investors and analysts wishing to participate in the conference call must register to obtain their dial-in and pin number here: https://register.vevent.com/register/BI3e8bde93af4144ae98420eb4f2c24f1c .
  • To listen to the live webcast, please visit the LogicMark Investor Relations website here , or use the following link: https://edge.media-server.com/mmc/p/z449z9mq .
  • Forward-looking statements reflect management’s current expectations, as of the date of this press release, and involve certain risks and uncertainties.

Telecare Market in Europe and North America: The User Base in the Two Regions is Estimated to Grow at a CAGR of 7.7% to Reach More Than 20.6 Million Users at the End of 2028 - ResearchAndMarkets.com

Retrieved on: 
Monday, April 8, 2024
Health, Telemedicine, Virtual Medicine, Diagnosis, ADT, Algorithm, ModivCare, Health care, GPS, AI, Chubb, Medical Guardian, PERS, ASCOM, Medicine

The report estimates that the user base of telecare (medical alert) systems in Europe and North America was 14.2 million at the end of 2023.

Key Points: 
  • The report estimates that the user base of telecare (medical alert) systems in Europe and North America was 14.2 million at the end of 2023.
  • The user base in the two regions is estimated to grow at a CAGR of 7.7 percent to reach more than 20.6 million users at the end of 2028.
  • The report estimates that the user base of telecare solutions in Europe region was 9 million at the end of 2023.
  • In Europe, the user base is estimated to grow at a CAGR of 7.7 percent to reach more than 13.1 million users at the end of 2028.

LogicMark, Inc. to Announce Fourth Quarter and Full Year 2023 Financial Results on March 27, 2024

Retrieved on: 
Wednesday, March 13, 2024
Growth, LGMK, Patent, Marketing, PERS, Mobile phone

To listen to the live webcast, please visit the LogicMark Investor Relations website here , or use the following link: https://edge.media-server.com/mmc/p/z449z9mq .

Key Points: 
  • To listen to the live webcast, please visit the LogicMark Investor Relations website here , or use the following link: https://edge.media-server.com/mmc/p/z449z9mq .
  • The associated press release, SEC filings, and webcast replay will also be accessible on the investor relations website .
  • LogicMark, Inc. (Nasdaq: LGMK) provides personal emergency response systems (PERS), health communications devices and technologies to create a Connected Care Platform.
  • The Company’s actual results could differ materially from those anticipated in these forward-looking statements because of various factors.

Parks Associates: Smart Smoke Detectors to Reach Nearly $1 billion in US Market by 2027

Retrieved on: 
Wednesday, March 20, 2024
Smoke, Growth, Internet of things, COVID-19, Internet, Research, Acquisition, Interview, Insurance, Medical alarm, Home automation, CO, Safety, Cardiff Bay Opera House, Assessment, Carbon monoxide, PERS, Video game

DALLAS, March 20, 2024 /PRNewswire/ -- Parks Associates' newly released Smart Smoke and CO Detectors: Market Assessment 2024 reveals smart smoke/CO detectors generated $771 million in revenue in the US in 2023, with growth projected to reach $976 million in the US by 2027. The Market Assessment tracks consumer adoption and purchase trends, including product preferences, the buyer journey, and purchase channels. It includes forecasts for unit sales and revenues and special analysis on specific use cases, including senior care and insurance.

Key Points: 
  • DALLAS, March 20, 2024 /PRNewswire/ -- Parks Associates' newly released Smart Smoke and CO Detectors: Market Assessment 2024 reveals smart smoke/CO detectors generated $771 million in revenue in the US in 2023, with growth projected to reach $976 million in the US by 2027.
  • Smart Smoke and CO Detectors: Market Assessment 2024 identifies key and emerging players in the market for smart smoke and CO (carbon monoxide) detectors.
  • It follows additional research Parks Associates completed on the insurance and smart home device market, Insurance Opportunities in the Smart Home .
  • These consumers would be responsive to a product bundle including smart smoke/CO detectors and PERS (Personal Emergency Response System).

KORE and Medical Guardian Collaborate to Launch First eSIM-Powered Medical Alert Device

Retrieved on: 
Wednesday, February 28, 2024
Caregiver, PERS, ESIM, SIM, Ageing, Internet of things, Dignity, Medical Guardian, Health, Safety, World Health Organization, Medicare, LTSS, Good, WHO, Internet, Partnership, Mobile phone

ATLANTA, Feb. 28, 2024 /PRNewswire/ -- KORE, a global leader in Internet of Things ("IoT") Solutions, and Medical Guardian, a leading provider of personal emergency response systems (PERS), jointly announce their groundbreaking collaboration on the first-ever medical alert device utilizing eSIM technology. This revolutionary technology is designed to overcome cell signal challenges and address healthcare access disparities by enabling electronic switching of service carriers for optimal 24/7 connectivity.

Key Points: 
  • This collaboration aligns with KORE's "IoT for Good" purpose statement and Medical Guardian's commitment to empowering lives.
  • KORE OmniSIM™ technology provides Medical Guardian the flexibility to wirelessly switch to a network carrier that best meets members' needs.
  • The device leverages KORE's reliable connectivity services and KORE OmniSIM technology to optimize opportunities for health, participation and security for aging adults.
  • Geoff Gross, Founder and CEO of Medical Guardian, added, "We're committed to increasing access to safety, engagement, and wellness services.

Next Generation Emergency Response System Market worth $3.3 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, February 22, 2024
Disaster, Social media, Emergency, Hardware, Algorithm, PERS, Research, Law enforcement agency, Multimedia, Motorola Solutions, Ageing, Internet of things, Growth, Fire department, Public security, Communication, Human, Integration, AT&T, GIS, Managed services, Emergency medical services, Multichannel, Internet, Mobile phone

In the next generation of emergency response systems, call management software is pivotal in optimizing the entire response process.

Key Points: 
  • In the next generation of emergency response systems, call management software is pivotal in optimizing the entire response process.
  • To strategically analyze the macro and micro markets to individual growth trends, prospects, and contributions to the total Next Generation Emergency Response System Market.
  • To analyze the industry trends, patents, and innovations related to the Next Generation Emergency Response System Market.
  • To analyze the opportunities for stakeholders by identifying the high-growth segments of the Next Generation Emergency Response System Market.

Next Generation Emergency Response System Market worth $3.3 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, February 22, 2024
Disaster, Social media, Emergency, Hardware, Algorithm, PERS, Research, Law enforcement agency, Multimedia, Motorola Solutions, Ageing, Internet of things, Growth, Fire department, Public security, Communication, Human, Integration, AT&T, GIS, Managed services, Emergency medical services, Multichannel, Internet, Mobile phone

In the next generation of emergency response systems, call management software is pivotal in optimizing the entire response process.

Key Points: 
  • In the next generation of emergency response systems, call management software is pivotal in optimizing the entire response process.
  • To strategically analyze the macro and micro markets to individual growth trends, prospects, and contributions to the total Next Generation Emergency Response System Market.
  • To analyze the industry trends, patents, and innovations related to the Next Generation Emergency Response System Market.
  • To analyze the opportunities for stakeholders by identifying the high-growth segments of the Next Generation Emergency Response System Market.

LogicMark Unveils First Personal Safety Software App, Aster

Retrieved on: 
Wednesday, January 17, 2024
Aster, Family, Google Maps, GPS, Friends, Google Play, Emergency service, Software, Apple, PERS, Columbia University, Ageing, Barnard College, LGMK, Mobile phone

LOUISVILLE, Ky., Jan. 17, 2024 (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 the launch of Aster, its software application that brings innovation, personal safety, and peace of mind to its users of all ages.

Key Points: 
  • LOUISVILLE, Ky., Jan. 17, 2024 (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 the launch of Aster, its software application that brings innovation, personal safety, and peace of mind to its users of all ages.
  • No one has built a universal solution that’s focused on making personal safety and family security a priority for all ages.
  • But as the care economy evolves, so have the complexities of personal safety,” said LogicMark CEO, Chia-Lin Simmons.
  • “With Aster, we are bringing the tech roots back to LogicMark by introducing our first standalone software product.

LogicMark, Inc. Reports Third Quarter Results Highlighted by Five Percentage Point Increase in Gross Margin

Retrieved on: 
Thursday, November 9, 2023
Webcast, Catalog, GPS, LGMK, PERS, CFO, Traction, Intellectual property, Marketing, Nintendo Wi-Fi Connection, PDT, EDT, Mobile phone, Video game, Pharmaceutical industry, Cryptocurrency, Management

LOUISVILLE, Ky., Nov. 09, 2023 (GLOBE NEWSWIRE) --  LogicMark, Inc. (Nasdaq: LGMK), a provider of personal emergency response systems (PERS), health communications devices, and technology for the growing care economy, announced financial results for the third quarter ended September 30, 2023, and recent highlights.   

Key Points: 
  • Gross margin percentage improved to 67% in the third quarter of 2023, a five percentage point increase compared to 62% for the prior year period.
  • Overall operating expenses were 12% lower at $3.4 million compared with $3.8 million in the prior year period.
  • Gross profit margin in the third quarter was 67%, or five percentage points higher compared with 62% in the prior year period.
  • Gross profit in the third quarter of this year was $1.6 million compared to $1.7 million in the same period last year.