Metalert Signs Licensing and OEM Agreement with German Manufacturer
LOS ANGELES, CALIFORNIA, Aug. 01, 2023 (GLOBE NEWSWIRE) — Metalert, Inc. (OTC: MLRT) (“the Company”), a pioneer in location sensitive health monitoring devices and wearable technology products announced today it has entered into an OEM licensing agreement with Global Safe Tracks, a German based IT/GPS tracking company, to manufacture and distribute its GPS SmartSole technology in Europe. Global Safe Tracks under license will manufacture a modified version of the GPS SmartSole that includes 2G technology as a fall back to 4G technology for use where 4G coverage has not been fully built out in some European countries. The European version shall be marketed and distributed under the brand name of “SafeSole” however Global Safe Tracks will also continue to market and distribute the 4G Cat M1 GPS SmartSole plus version made in the U.S.
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