Nxt-ID, Inc. Announces Resignation of Michael J. Orlando as Chief Operating Officer
September 13, 2019 at 10:23 pm
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On September 9, 2019, Nxt-ID, Inc. entered into a stock purchase agreement, by and between Garmin International, Inc., a Kansas corporation (“Garmin”), the Company and Fit Pay, Inc. Effective September 10, 2019, in connection with closing the purchase agreement and the Sale, Michael J. Orlando resigned as Chief Operating Officer of the company. Mr. Orlando will continue to serve as a member of the company's board of directors.
LogicMark, Inc. provides personal emergency response systems (PERS), health communications devices, and Internet of Things (IoT) technology that creates a connected care platform. The Companyâs devices provide people with the ability to receive care at home and age independently. Its PERS devices incorporate two-way voice communication technology directly in the medical alert pendant. These PERS technologies are sold direct-to-consumer through the Companyâs e-commerce Website, through dealers and distributors, as well as through the United States Veterans Health Administration (VHA). It provides no monthly fee products, which only require a one-time purchase expense, instead of a contract with recurring monthly charges. Its no monthly fee products contact family, friends, or 911 directly, eliminating the recurring monthly fee from a monitoring center. The Companyâs PERS products include Guardian Alert 911 Plus, Freedom Alert Plus, Guardian Alert 911, and LifeSentry.