MetAlert Completes Strategic Acquisition of Level 2 Security LLC
Reinforcing its Commitment to Increasing Revenues and Subscribers
LOS ANGELES, CALIFORNIA, Sept. 13, 2023 (GLOBE NEWSWIRE) — MetAlert, Inc. (OTC: MLRT) (“the Company”), a pioneer in GPS wearable technology and global provider in the field of human and asset tracking and recovery systems, announced it has closed a merger agreement with Level 2 Security, LLC, a Delaware corporation (“Level 2”), pursuant to which Level 2 merged into Level 2 Security Products, Inc., a 100% wholly-owned subsidiary of MetAlert, Inc. This is a formidable step in solidifying the financial and operational position of the Company and encapsulates a vision to amplify recurring revenue streams while scaling the Company’s life-saving technology and IP portfolio.
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