More women turn to technology solutions, with 71% looking to discreet devices for safetyLOUISVILLE, Ky., Aug. 19, 2025 (GLOBE NEWSWIRE) -- A comprehensive new national survey commissioned by LogicMark, Inc. (OTC: LGMK), a provider of personal safety devices, related to women’s safety exposes a stark reality: walking alone at night dominates their concerns, with 67% of respondents identifying it as their primary fear –- significantly outpacing traveling in unfamiliar areas (55%) or navigating parking garages ...

Core Viewpoint - LogicMark, Inc. has transitioned to trading on the OTC Markets following its delisting from Nasdaq due to non-compliance with the minimum bid price requirement of $1.00 [1][2] Group 1: Company Transition and Financial Position - The transition to OTC Markets allows LogicMark to maintain access to public capital while focusing on operational execution and long-term growth [2] - The company reported $15 million in cash and short-term investments at the end of the first quarter, which supports its strategic priorities [2] Group 2: Business Model and Offerings - LogicMark provides personal emergency response systems (PERS), health communication devices, and personal safety apps, aiming to create a Connected Care Platform [3][4] - The company is dedicated to building a 'Care Village' with proprietary technology and innovative solutions for the care economy [4] Group 3: Market Presence and Distribution - LogicMark's PERS technologies are sold through various channels, including the U.S. Veterans Health Administration and directly to consumers [4] - The company has secured a contract with the U.S. General Services Administration, enabling it to distribute products to federal, state, and local governments [4]

Core Viewpoint - LogicMark, Inc. has announced changes to its Board committee assignments to enhance its strategic direction and operational effectiveness in the care economy [1][2]. Board Committee Assignments - The Board consists of four independent non-executive directors and the CEO, totaling five directors [2]. - Carine Schneider has been appointed as Board Chair and remains on the Compensation Committee, bringing experience from B2B companies and capital markets [3]. - John Pettitt has been appointed Chair of the Nominating and Corporate Governance Committee while continuing on the Audit and Compensation Committees, with a background in technology and entrepreneurship [4]. - Robert Curtis has been named Chair of the Compensation Committee and continues on the Audit Committee, with over 30 years of experience in life sciences and strategic advisory roles [5]. - Barbara Gutierrez remains Chair of the Audit Committee and is the Board's designated financial expert, with extensive experience in leading IPOs and financing in healthcare and technology [6]. - Chia-Lin Simmons, the CEO, continues to lead daily operations and does not serve on Board committees, aligning with governance best practices [7]. Strategic Focus and Innovation - Carine Schneider emphasized the company's commitment to innovation, highlighting the strategic focus on AI and machine learning, and the launch of new solutions like the Freedom Alert Max and the Aster App [8]. - LogicMark holds a growing patent portfolio comprising 37 patents, with 23 issued and 17 filed since 2021, reflecting its dedication to technological advancement [8]. - The company aims to redefine customer experience and strengthen its position in the care economy, positioning itself for future growth in connected care [8]. Company Overview - LogicMark, Inc. is dedicated to enabling individuals to lead dignified and independent lives through its personal emergency response systems and health communication devices [9]. - The company is focused on building a 'Care Village' with proprietary technology and innovative solutions tailored for the care economy [10]. - LogicMark's products are distributed through various channels, including the U.S. Veterans Health Administration and a contract with the U.S. General Services Administration for government distribution [10].