Nxt-ID, Inc. Appoints Mark Archer to the Role of Interim Chief Financial Officer
July 21, 2021 at 05:22 pm EDT
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Effective July 15, 2021, the board of directors of Nxt-ID, Inc., a Delaware corporation (the “Company”), formally appointed Mark Archer to the role of Interim Chief Financial Officer of the Company. Mr. Archer currently serves as a Partner at FLG Partners, LLC (“FLG Partners”), a Silicon Valley chief financial officer services and board advisory consultancy firm. Mr. Archer has over 40 years of financial and operational experience, including assignments in technology and consumer products companies.
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.