BioMedNewsBreaks – MetAlert Inc.’s (MLRT) Acquisition Target’s SafetyNet(R) Makes News in Finding Missing Woman
MetAlert (OTC: MLRT), a pioneer in location-sensitive health monitoring devices and wearable technology products, last week announced that it offered $4.5 million in a cash and stock deal to acquire TrakTec, a location-awareness technology company. Expected to close on or before March 17, 2023, the acquisition will include TrakTec’s active paying subscriber base, police department contracts, commercial ready tracking products, and backend platform and mobile app. TrakTec offers affordable, scalable location-awareness technology solutions and operates iGPS Watches and SafetyNet(R) Tracking Systems that provide a range of enhanced monitoring services. These important services were demonstrated recently, as TrakTec’s SafetyNet system made…