LogicMark Partners with Black Knight Medical to Expand Government Sales and Access to Life-Saving Medical Alert Devices for Veterans Nationwide
LogicMark (Nasdaq: LGMK) has announced a strategic partnership with Black Knight Medical, a Service-Disabled Veteran-Owned Small Business (SDVOSB), to enhance access to medical alert devices for veterans across the U.S. The collaboration will leverage Black Knight Medical's expertise in medical supply distribution and government contracting. Under the agreement, both companies will jointly bid for government contracts, with LogicMark gaining preferential status for Department of Veterans Affairs (VA) contracts. The partnership will increase the availability of LogicMark's medical alert devices, including the Freedom Alert Mini and Guardian Alert series, to veterans nationwide.
LogicMark (Nasdaq: LGMK) ha annunciato una partnership strategica con Black Knight Medical, una Piccola Impresa di Proprietà di Veterani Disabili che offre servizi (SDVOSB), per migliorare l'accesso ai dispositivi di allerta medica per i veterani in tutto il U.S. La collaborazione si avvarrà dell'esperienza di Black Knight Medical nella distribuzione di forniture mediche e negli appalti governativi. In base all'accordo, entrambe le aziende presenteranno congiuntamente offerte per contratti governativi, con LogicMark che otterrà uno status preferenziale per i contratti del Dipartimento per gli Affari dei Veterani (VA). La partnership aumenterà la disponibilità dei dispositivi di allerta medica di LogicMark, inclusi i modelli Freedom Alert Mini e Guardian Alert, per i veterani in tutto il paese.
LogicMark (Nasdaq: LGMK) ha anunciado una asociación estratégica con Black Knight Medical, una Pequeña Empresa de Propiedad de Veteranos con Discapacidad (SDVOSB), para mejorar el acceso a dispositivos de alerta médica para veteranos en los EE. UU. La colaboración aprovechará la experiencia de Black Knight Medical en la distribución de suministros médicos y la contratación gubernamental. Según el acuerdo, ambas empresas presentarán ofertas conjuntas para contratos gubernamentales, con LogicMark obteniendo un estatus preferencial para los contratos del Departamento de Asuntos de Veteranos (VA). La asociación aumentará la disponibilidad de los dispositivos de alerta médica de LogicMark, incluyendo las series Freedom Alert Mini y Guardian Alert, para veteranos en todo el país.
LogicMark (나스닥: LGMK)는 Black Knight Medical와 전략적 파트너십을 발표했습니다. Black Knight Medical은 서비스 장애인 퇴역 군인 소유의 소기업(SDVOSB)으로, 미국 전역의 퇴역 군인들이 의료 경고 장치에 접근할 수 있도록 지원할 것입니다. 이 협력은 의약품 공급 배급 및 정부 계약 분야에서 Black Knight Medical의 전문성을 활용할 것입니다. 계약에 따라 두 회사는 공동으로 정부 계약에 입찰하고, LogicMark는 재향군인부(VA) 계약에 대해 우선권을 부여받게 됩니다. 이 파트너십은 LogicMark의 의료 경고 장치인 Freedom Alert Mini 및 Guardian Alert 시리즈의 가용성을 퇴역 군인들에게 증가시킬 것입니다.
LogicMark (Nasdaq: LGMK) a annoncé un partenariat stratégique avec Black Knight Medical, une Petite Entreprise de Service aux Anciens Combattants (SDVOSB), pour améliorer l'accès aux dispositifs d'alerte médicale pour les vétérans à travers les États-Unis. La collaboration tirera parti de l'expertise de Black Knight Medical dans la distribution de fournitures médicales et les contrats gouvernementaux. En vertu de l'accord, les deux entreprises soumettront conjointement des offres pour des contrats gouvernementaux, LogicMark bénéficiant d'un statut préférentiel pour les contrats du ministère des Anciens Combattants (VA). Ce partenariat augmentera la disponibilité des dispositifs d'alerte médicale de LogicMark, y compris les séries Freedom Alert Mini et Guardian Alert, pour les vétérans à travers le pays.
LogicMark (Nasdaq: LGMK) hat eine strategische Partnerschaft mit Black Knight Medical angekündigt, einem von einem behinderten Veteranen geführten Kleinunternehmen (SDVOSB), um den Zugang zu medizinischen Alarmgeräten für Veteranen in den USA zu verbessern. Die Zusammenarbeit wird die Expertise von Black Knight Medical in der Verteilung medizinischer Versorgung und im staatlichen Vertragswesen nutzen. Im Rahmen der Vereinbarung werden beide Unternehmen gemeinsam Angebote für staatliche Aufträge machen, wobei LogicMark einen bevorzugten Status für Verträge des Ministeriums für Veteranenangelegenheiten (VA) erhält. Diese Partnerschaft wird die Verfügbarkeit von LogicMarks medizinischen Alarmgeräten, einschließlich der Freedom Alert Mini und Guardian Alert Serien, für Veteranen im ganzen Land erhöhen.
- Partnership enables preferential status for government contracts through SDVOSB certification
- Expands access to VA and government agency contracts
- Leverages 17-year track record of providing medical alert systems to VA
- None.
Insights
This partnership marks a strategic expansion of LogicMark's government sales channel through Black Knight Medical's SDVOSB status. The collaboration provides preferential access to government contracts, particularly within the
The deal leverages LogicMark's 17-year track record in medical alert systems with Black Knight's government contracting expertise. While the immediate financial impact isn't quantified, the partnership reduces barriers to entry in the lucrative federal market and could accelerate growth in the company's core government business segment.
The collaboration will also allow LogicMark to support Black Knight Medical, a Service-Disabled Veteran-Owned Small Business, in building and growing its business nationally
LOUISVILLE, Ky., Nov. 12, 2024 (GLOBE NEWSWIRE) -- LogicMark, Inc. (Nasdaq: LGMK), a provider of personal safety, emergency response systems (PERS), health communications devices, and technology for the growing care and safety economy, today announced a strategic partnership with Black Knight Medical, LLC, a Service-Disabled Veteran-Owned Small Business (SDVOSB). This collaboration will enable LogicMark to leverage Black Knight Medical’s expertise in medical supply distribution and government contracting to enhance access to medical alert devices for veterans across the U.S.
The partnership combines Black Knight Medical’s proficiency in government contracting and medical supply distribution with LogicMark’s cutting-edge technology in medical alert systems. Under the terms of the agreement, the two companies will collaborate on submitting bids for government contracts. The partnership enhances LogicMark’s ability to pursue government contracts with preferential status, expanding its reach within the Department of Veterans Affairs (VA) and other government agencies. Together, LogicMark and Black Knight Medical will increase the availability of life-saving medical alert devices, such as the Freedom Alert Mini, Guardian Alert 911 Plus, Guardian Alert 911, and Freedom Alert, for veterans.
“We are thrilled to partner with Black Knight Medical, an organization that shares our unwavering commitment to supporting veterans. This partnership strengthens our ability to provide veterans with essential medical alert devices, empowering them to live independently and securely,” said Chia-Lin Simmons, President and Chief Executive Officer of LogicMark. “This collaboration also reflects on our broader goals of growing LogicMark’s government business and working with agencies at every level to get our life-saving technology into the hands of veterans.”
Ron Thomas, President of Black Knight Medical, emphasized the significance of the collaboration. “We’re deeply committed to ensuring veterans have access to the resources they need to live healthier and safer lives. We look forward to having LogicMark leverage our network to help veterans throughout the United States,” he said.
An SDVOSB, or Service-Disabled Veteran-Owned Small Business, is a small company owned and run by someone who served in the military and came back with a lasting injury/disability from service. The goal of SDVOSBs is to support veterans who served and sacrificed for the country by giving them preference for government contracts and helping them build and grow businesses. The federal government has a government-wide procurement goal of awarding at least
This strategic alliance has national implications, as LogicMark is authorized to sell its medical alert devices to any government agency nationwide. For over 17 years, LogicMark has been a trusted provider of medical alert systems to the VA and other government agencies. This new collaboration with Black Knight Medical represents an important step in expanding that legacy.
About LogicMark, Inc.
LogicMark, Inc. (Nasdaq: LGMK) is on a mission to let people of all ages lead a life with dignity, independence, and the joy of possibility. The Company provides personal safety, personal emergency response systems (PERS), software apps, health communications devices, services, and technologies to create a Connected Care Platform. Made up of a team of leading technologists with a deep understanding of IoT, AI, and machine learning and a passionate focus on understanding consumer needs, LogicMark is dedicated to building a 'Care Village' with proprietary technology and creating innovative solutions for the care economy. The Company's PERS technologies are sold through the United States Veterans Health Administration, dealers, distributors, and direct-to-consumer. LogicMark has been awarded a contract by the U.S. General Services Administration that enables the Company to distribute its products to federal, state, and local governments. For more information, visit LogicMark.com.
About Black Knight Medical, LLC
Founded in 2017, Black Knight Medical is a Service-Disabled Veteran-Owned Small Business (SDVOSB) specializing in medical supply distribution and consulting. With a deep understanding of the needs of the veteran community, Black Knight Medical works to ensure veterans have access to high-quality healthcare products and services. The company focuses on supporting government entities and veteran-owned businesses, bringing valuable expertise to navigating the complexities of government contracting. For more information, visit Black Knight Medical.
Media Contact:
logicmark@relativity.ventures
FAQ
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