GTX Corp Comments on CES 2018, Super Bowl LII and the GPS SmartSoles on the Kardashian’s

CES HEADER18 GTX Corp Comments on CES 2018, Super Bowl LII and the GPS SmartSoles on the Kardashian’s

LOS ANGELES, CALIFORNIA – January 17, 2018 – GTX Corp (OTCBB: GTXO)an Internet of Things (IoT) solutions provider in the personal location, wearable and wandering assistive technology business, comments on CES 2018 and announces today that it will be presenting several of its new products at Super Bowl.

CES 2018 was filled with different areas of Internet of Medical Things (IoMT) technology that is striving to increase the health, wellness, safety, and overall lifestyle for the “Baby Boomer.”

Crunch Network Predicated:

  • Consumer brands will shift focus to the boomer generation.
  • Boomers will find part-time jobs with a purpose.
  • Healthcare will transition from the hospital to the home

This is good news for GTX Corp, as tens of millions of Baby Boomers (people born between the 1950s and mid-1960s) are beginning to hit their elderly years, providing an increased demand for technologies and overall health and wellness solutions. GTX has been at the forefront of this trending and growing sector and this year GTX showcased multiple products, including their flagship GPS SmartSoles along with the new Biometric Insoles and several other products like the Invisabelt and kids SmartSoles, expected to launch this quarter.

Alongside partner Veristride, GTX unveiled the new Biometric Insoles designed to monitor how people walk and help predict if a senior is prone to falling, which is a major worldwide problem. An estimated 2.8 million elderly people in the U.S. are treated in emergency departments for fall injuries each year. The Biometric Insoles collect movement and activity from special censors and produce data for gait analysis to provide better insight into fall risk detection and prevention.

GTX also garnered some buzz in the technology industry during CES week, as their GPS Tracking insoles were on the television show, Keeping Up with the Kardashians. GTX had many vendors, consumers, and fans of the Kardashian’s from around the world come by and comment, as the show had aired in the United States before CES and aired after CES in the United Kingdom.

Patrick Bertagna GTX Corp CEO, commented, “This was a significant week for GTX Corp and the first time we showcased a suite of existing and future products that expanded our offerings way beyond GPS tracking solutions for seniors afflicted with dementia and Alzheimer’s. We now have tracking and monitoring solutions for kids, the military, law enforcement, mobile workforce, athletes and with our Biometric insoles we will expand our senior target audience from the 6 million currently diagnosed with Alzheimer’s to the 72 million baby boomers in the US that need or want their mobility, activity and gait monitored.”

Due to the very positive feedback from the Biometric Insoles and their ability to also be used in a professional sports environment in order to establish walking baselines for pro athletes, GTX will be taking its products and technologies to Super Bowl LII in Minneapolis, Minnesota. GTX and long-time advisor Jack Brewer, discussed several opportunities for GTX and Veristride to showcase its Biometric Insole Technology throughout the various events during Super Bowl Week.

Jack Brewer, CEO of The Brewer Group, Inc. commented – “We are super excited to have GTX attend our events and various activities throughout Super Bowl week in Minnesota this year. As a former Minnesota Viking myself, I am so thrilled that that Super Bowl is being held in my backyard, and look forward to having GTX and Veristride introduce and demonstrate their new ground breaking gait analysis ‘Walking Test’technology to the sports community during the Super Bowl experience!”

Andrew Duncan, GTX Corp President of Business Development and IP licensing, summarized the week, “As a pioneer in digital healthcare monitoring and management and having filed numerous patents over a decade ago, GTX is well positioned to benefit from this industry focus. The cost and resources needed for the long term care of seniors is one of the major challenges facing governments and societies world-wide. With 72% of Boomers using Facebook and over 60% using Smartphones, this tech savvy generation is constantly looking for technology to make the lives of their loved ones as well as themselves easier and more comfortable.”

About GTX Corp

GTX Corp (GTXO) is a pioneer in Smart, Mobile and Wearable GPS, cellular and BLE tracking and recovery location based services. Through its proprietary enterprise monitoring platform and licensing, subscription recurring revenue business model, GTX Corp offers a complete end-to-end solution of hardware, software and connectivity, backed by an extensive portfolio of patents, patents pending, registered trademarks, copy rights and URL’s.  Headquartered in Los Angeles, California, with distributors servicing over 20 countries, GTX is known for its game-changing patented GPS Smart Shoe, block buster Smartphone GPS Tracking App, and award winning, patented GPS and BLE SmartSole, the world’s first, invisible wearable wander guard GPS tracking device, initially created for quick recovery of those at risk of wandering due to Alzheimer’s, dementia, autism or traumatic brain injury. GTX provides solutions that answer the “where” question: where is my mother, child, employee, vehicle, drone and high-value assets. The Company doesn’t just make and sell the best GPS tracking products, they deliver innovative, miniaturized, low power consumption wearable tech that provides safety, security and peace of mind at the touch of a button. We put the “Where” in Wearable Tech.

Online: www.gtxcorp.com Track My Workforce www.gpssmartsole.com        

 

Social media – #trackwhatyoulove  #withyou    #smartsole

https://www.facebook.com/gtxcorpcom

http://www.twitter.com/gtxcorp

www.linkedin.com/in/gtxcorp

http://www.pinterest.com/GTXCorp/

http://instagram.com/gtxcorp

General information, investor relations, wholesale licensing, consumer purchase:

213.489.3019

info@gtxcorp.com

ir@gtxcorp.com

http://gtxcorp.com/contact-us/

Consumer Purchase of GPS SmartSoles

 

GTX Corp United Kingdom

In the UK, GTX Corp operates from its London office. For more information, please contact: Nelson Skip Riddle contact details are:

Email: nsriddle@gtxcorp.com

Tel: +44 7785 364100

 

 

Disclaimer: GTX Corp does not warrant or represent that the unauthorized use of materials drawn from the content of this document will not infringe rights of third parties who are not owned or affiliated by GTX Corp. Further GTX Corp cannot be held responsible or liable for the unauthorized use of this document’s content by third parties unknown to the company.

 

Forward Looking Statements

This news release contains forward-looking statements. The terms and phrases “expects,” “would,” “will,” “believes,” and similar terms and phrases are intended to identify these forward-looking statements. Forward-looking statements are based on estimates and assumptions made by GTX in light of its experience and its perception of current conditions and expected future

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Voyage LA- Meet Patrick Bertagna of GTX Corp

VoyageLA Staff avatar 1495778063 120x120 Voyage LA  Meet Patrick Bertagna of GTX Corp

Today we’d like to introduce you to Patrick Bertagna.

So, before we jump into specific questions about the business, why don’t you give us some details about you and your story.
GTX Corp is a pioneer and innovator in Smart, Mobile and Wearable GPS, cellular and BLE tracking and recovery location-based services.

Through its proprietary IoT enterprise monitoring platform, GTX offers a complete end-to-end solution of hardware, software and connectivity, backed by an extensive portfolio of patents.

Founded in 2002, headquartered in Los Angeles, California, with distributors in 14 countries and customers in over 35 countries, GTX was the first Wearable Tech company and is known for its award-winning patented GPS SmartSole® – Think Dr. Scholl’s meets LoJack- the world’s first invisible wearable technology device created for those at risk of wandering due to Alzheimer’s, dementia, autism and traumatic brain injury.

We believe the most effective technical solutions are the ones most easily used. We set out to develop miniaturized, low power consumption GPS location finding technology packaged in the most portable user-friendly format- hence we pioneered what is now the multi-billion dollar wearable tech industry. With this platform, the opportunities were vast- ranging from seniors with cognitive memory disorders such as Alzheimer’s and dementia, children with autism, military and law enforcement, mobile work force and high value assets.

Our patented technology delivers a new level of functional oversight, security and peace of mind to a wide variety of audiences and needs.

We’re always bombarded by how great it is to pursue your passion, etc – but we’ve spoken with enough people to know that it’s not always easy. Overall, would you say things have been easy for you?
Like all businesses, we had our share of up’s and down’s, starting with developing new technology and products that had never been on the market before. Raising capital after the initial founder’s round, going public in 2008, right before the biggest financial meltdown.

Once we got passed that, building and keeping a strong team in place. Launching new products in foreign countries, and building a comprehensive intellectual property portfolio, while building a business was very challenging.

We’d love to hear more about your business.
In short, we make technology that tells you where someone or something of value is, but we specialize in saving lives. Our flagship product is made for people that have a tendency to wander and get lost and if not found within 24 hours the stats are 48% of them end up being found dead. So our technology actually can help save lives and provides peace of mind to their caregivers. We are most proud of the letters we receive from people sharing their stories about what a difference our products have made in their life or their loved one’s life.

What were you like growing up?
I was and remain very adventurous, ambitious, competitive, inquisitive, which lead me to becoming a problem solver.

I began traveling at a very young age and found an interest in learning about other people and cultures. I love food and art and outdoor sports, such as surfing and skiing.

Pricing:

  • Consumer products range in pricing from $99.00 to $299.00
  • Our monthly service plans start as low as $5.00 per month and go to $39.00 and on average cost less than $1.00 per day

Contact Info:

PETS 1 1 Voyage LA  Meet Patrick Bertagna of GTX Corp  Voyage LA  Meet Patrick Bertagna of GTX Corp 1 year Anniversary   Cancun   Isla Mujeres 007 1 Voyage LA  Meet Patrick Bertagna of GTX Corp Clinton Portis 1 Voyage LA  Meet Patrick Bertagna of GTX CorpGTX Corp 092110 1 Voyage LA  Meet Patrick Bertagna of GTX CorpSmartSole UN 7 14 1 Voyage LA  Meet Patrick Bertagna of GTX CorpPhoto 4 1 Voyage LA  Meet Patrick Bertagna of GTX Corp

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​​Equities.com- Why CES 2018 Could Be a Major Coming Out Party for GTX Corp and Its Expanded IoT Offerings

 ​​Equities.com  Why CES 2018 Could Be a Major Coming Out Party for GTX Corp and Its Expanded IoT Offerings

With the largest tech conference set to kick off this week, the 2018 Consumer Electronics Show (CES) promises to once again highlight all the best new products and innovations set to hit the market this year. Among the most watched trends will be the latest applications in the Internet of Things (IoT) technology, health-tracking wearables and artificial intelligence. For GTX Corp (GTXO), the event serves as a perfect launching pad for the company’s 2018 rollout of its leading IoT and GPS-based wearable tracking products and services. Riding high on the significant momentum it established in 2017, GTX is as primed as ever for a breakthrough year.

At CES, GTX will be presenting its new Biometric Insoles alongside its partner Veristride. The collaboration, which began in August 2017, set out to develop and launch a suite of biometric solutions embedded in insoles with the primary goal of helping senior citizens avoid falling, which is a major problem as an estimated 2.8 million older people are treated in emergency departments for fall injuries each year. These fall injuries result in an estimated $31 billion in direct medical costs annually on an inflation-adjusted basis. Using custom sensors at the foot, the Biometric Insoles collect movement and activity data for gait analysis to provide better insight into fall risk detection and prevention for seniors. This product will expand GTX’s senior target audience from the 6 million currently diagnosed with Alzheimer’s to the 72 million baby boomers in the US. The Company is also looking at other applications for younger adults that want to monitor daily activity, the professional sports community and military.

This innovative technology will be on full display on Thursday, January 11 from 2:00 pm to 5:00 pm PST at the Las Vegas Westgate Tower in hospitality suite 310. Executives from both GTX Corp and Veristride are also accepting one-on-one meetings throughout CES week. (Those interested in scheduling an appointment can email info@gtxcorp.com with the subject line “CES Meeting”.)

“Despite preventive efforts, falling continues to be a major problem for seniors both at home and in community or assisted living facilities, not to mention the tremendous cost to the healthcare industry,” Patrick Bertagna, GTX Corp CEO, stated recently. “’By simply wearing a pair of biometric insoles, we will be able to monitor a person’s activity and any change in balance which in many cases can tell us a lot about that person’s overall well-being. Seniors need to stay as active as possible, but many times due to aging, fear, loss of motor skills or loss of memory, they become sedate, which leads to a decline in overall health. Our goal is to provide seniors with wearable technologies that empower them to stay active while not compromising their safety. Being able to prevent, delay or accurately predict falls, undetected strokes, affect from medicines and even early onset of dementia by wearing a smart non-intrusive footwear device can offer significant improvements in senior care and wellness along with substantial cost savings.”

 ​​Equities.com  Why CES 2018 Could Be a Major Coming Out Party for GTX Corp and Its Expanded IoT Offerings

In addition to the Biometric Insoles, GTX will be showcasing to its flagship GPS SmartSole® line for seniors and caregivers, as well as its new offerings scheduled to launch in 2018. This includes the GPS SmartSole® for the children’s market, the GPS InvisaBelt designed for toddlers, and the Armatrak GPS Rifle Tracker for the defense industry.

This robust product portfolio highlights GTX’s promising year ahead, leveraging its many successes in 2017 to capitalize on a number of emerging tailwinds.

For example, in November, the US Senate Judiciary Committee voted to move forward with bipartisan legislation to provide tracking devices and resources to those with autism and other developmental disabilities at risk of wandering. Known as Kevin and Avonte’s Law, the bill is an updated version of companion bills that were previously passed by the Senate and the House.


That development dovetailed very timely with GTX’s earlier announcement of its first product launch into the children’s market with Take-Along Friends, a line of plush dolls embedded with the company’s award-winning GPS tracking technology. This was a very significant milestone for the company, opening an enormous addressable market in need of its devices. An estimated 800,000 children are reported missing each year in the United States – equating to roughly 2,000 per day, according to the National Center for Missing and Exploited Children. GTX Corp.’s tracking technology empower parents to enhance the safety and security of their family needs.

 ​​Equities.com  Why CES 2018 Could Be a Major Coming Out Party for GTX Corp and Its Expanded IoT Offerings

“For the last two years, we’ve really focused on expanding distribution,” Bertagna told Equities.com in September. “We have distributors throughout most of the first-world countries and service subscribers in 35 countries. We have a lot of distributors in Europe, Central and South America, and starting to expand into Asia and the Middle East, and even starting to get into Africa somewhat. So, we really believe in building our global distribution channels.”

The company can now leverage that distribution network with its various offerings. Bertagna added in the interview, “We’re looking at doing some more business in the biometric space. It’s something we’re starting to put a lot of emphasis on, specifically with fall detection and prevention. We have also been working closely with military for the last year and half, and we’re expecting to do more with them in 2018. So, military, biometrics, children’s market and home health applications are on our roadmap as products and services to bring into our distribution pipeline.”

It’s clear that this is the year the rubber meets the road for GTX’s growth strategies, which has found firm footing in various markets. In addition to Veristride, the company has key partnerships on multiple fronts, which includes:

  • ORBOCOMM (ORBC). Providing connectivity and distribution for the new Verizon enabled GPS tracking devices.
  • TruSense. GTX’s first entry into the Smart Home market. Working with TruSense to track daily activities, health patterns and other variables to address the needs of a household.
  • Edwards Air Force Base. Providing Edwards AFB with an encrypted GPS technology platform to track on-base personnel and equipment. Edwards AFB will be the first military base to deploy the new system. The US maintains over 800 military bases around the world, and GTX has already begun discussions with other bases in California, Nevada and Utah.
  • HeartMath. Alliance with this world leader in stress and resilience technologies. GTX has created a health guide available to GPS SmartSole caregivers.

In addition, GTX continued to garner industry acclaim in 2017 for its leading technology, including nominations in three separate categories for the 2017 Uppie Awards, Most Innovative Tracking & Recovery Technology winner in the 2017 Telecoms Awards, one of the 25 Most Empowering IoT Companies by 1IT Enterprise Magazine in 2016, and finishing second only to Microsoft (MSFT) in the 2015 CTIA E-Tech Awards in the Wearables, Health, Fitness & Wellness category.

With a number of emerging technology and broader market trends coalescing with the company’s stellar execution of its strategic roadmap, it’s increasingly evident that GTX is primed for a big year in 2018.


In the interest of full disclosure, we call the reader’s attention to the fact that Equities.com, Inc. is compensated by the companies profiled in the Spotlight Companies section. The purpose of these profiles is to provide awareness of these companies to investors in the micro, small-cap and growth equity community and should not in any way be considered as a recommendation to buy, sell or hold these securities. Equities.com is not a registered broker dealer, investment advisor, financial analyst, investment banker or other investment professional. We are a publisher of original and third party news and information. All profiles are based on information that is available to the public. The information contained herein should not be considered to be complete and is not guaranteed by Equities.com to be free from misstatement or errors. The views expressed are our own and not intended to be the basis for any investment decision. Readers are reminded to do their own due diligence when researching any companies mentioned on this website. Always bear in mind that investing in early-stage companies is risky and you are encouraged to only invest an amount that you can afford to lose completely without any change in your lifestyle. Equities has been compensated with cash, common shares and/or warrants for market awareness services provided.

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https://www.equities.com/news/why-ces-2018-could-be-a-major-coming-out-party-for-gtx-corp-and-its-expanded-iot-offerings

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GPS SmartSole will be on the Kardashians this Sunday night E channel 6:00 PM PST

Screen Shot 2018 01 06 at 11.37.48 PM GPS SmartSole will be on the Kardashians this Sunday night E channel 6:00 PM PST

GPS SmartSole will be on the Kardashians this Sunday night E channel  6:00 PM PST

Here is a little sneak preview!

YouTube – over 275,000 views

https://www.youtube.com/watch?v=IpjK885tG2c

E Online

www.eonline.com/shows/kardashians/news/903498/keeping-up-with-mj-kris-jenner-puts-a-tracking-device-in-her-mom-s-shoes-to-keep-tabs-on-her-on-kuwtk

Instyle

http://www.instyle.com/news/kris-jenner-mom-tracking-device

Screen Shot 2018 01 06 at 11.42.55 PM 1024x511 GPS SmartSole will be on the Kardashians this Sunday night E channel 6:00 PM PST

Screenshot 20180106 001031 GPS SmartSole will be on the Kardashians this Sunday night E channel 6:00 PM PST

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GTX Corp and Veristride Presenting Biometric Insoles at CES 2018

Also previewing new children’s GPS SmartSole® and Armatrak Rifle Tracker

Biometric Insole Header GTX Corp and Veristride Presenting Biometric Insoles at CES 2018 

LOS ANGELES, CALIFORNIA – January 4, 2018 – GTX Corp (OTCBB: GTXO)an Internet of Things (IoT) solutions provider in the personal location, wearable and wandering assistive technology business, announced today that it will be presenting its new Biometric Insoles and previewing some of its other new products scheduled for launch in 2018, including the children’s GPS SmartSole®, GPS InvisaBelt designed for toddlers and the Armatrak GPS Rifle Tracker, at the annual Consumer Electronics Show (CES) in Las Vegas January 9-12. Executives from GTX and the Company’s strategic partner, Veristride, will be scheduling one-on-one appointments throughout the week.

For those interested in learning more about this ground breaking and cost savings technology can stop by Thursday, January 11 from 2:00 to 5:00 PM PST in hospitality suite 310 at the Las Vegas Westgate Tower. To schedule a meeting please send an email with CES Meeting in the subject line to info@gtxcorp.com.

GTX Corp and Veristride began collaboration in August of 2017 to develop an easy to use, nonvisible, inductive charging, wearable gait solution to analyze movement and activity, using custom sensors at the foot and biomechanical analytics and algorithms to provide gait analysis and movement which is considered a key metric in fall risk detection and prevention for people 65 and older. Gait analysis can also help detect if there is a sudden adverse reaction to new or existing medication, an undetected stroke or even early onset of dementia – all of which for seniors is vital to their wellness, longevity and quality of life, while prevention and early detection can save millions of dollars in healthcare costs.

  • Each year, 2.8 million older people are treated in emergency departments for fall injuries.5
  • Over 800,000 patients a year are hospitalized because of a fall injury, most often because of a head injury or hip fracture.5
  • Adjusted for inflation, the direct medical costs fall injuries are $31 billion annually.10 Hospital costs account for two-thirds of the total.

Patrick Bertagna, GTX Corp CEO, commented, “Despite preventive efforts, falling continues to be a major problem for seniors both at home and in community or assisted living facilities, not to mention the tremendous cost to the healthcare industry. By simply wearing a pair of biometric insoles, we will be able to monitor a person’s activity and any change in balance which in many cases can tell us a lot about that person’s overall well-being. Seniors need to stay as active as possible, but many times due to aging, fear, loss of motor skills or loss of memory, they become sedate, which leads to a decline in overall health. Our goal is to provide seniors with wearable technologies that empower them to stay active while not compromising their safety. Being able to prevent, delay or accurately predict falls, undetected strokes, affect from medicines and even early onset of dementia by wearing a smart non-intrusive footwear device can offer significant improvements in senior care and wellness along with substantial cost savings.”

According to research by Frost and Sullivan, the Internet of Medical Things (IoMT) is poised to reach $72 billion by 2021. Given the economic promise of IoMT, GTX and Veristride are committed to developing and launching a suite of biometric solutions embedded in insoles.

Stacy Bamberg, Veristride CEO, added, “We are excited to present and demonstrate our gait analytics technology at CES. The biometric insoles will address many important needs for the senior community and help remedy the physical, emotional and financial stresses due to falling. By providing constant symmetry information anytime and anywhere, without having to go to a doctor’s office or see a physical therapist, will help drastically improve how people live their lives and the healthcare industry manages costs.”

Seniors, as well as their loved ones and caregivers, often feel ‘in the dark’ about walking abilities and fall risks. When going through physical rehabilitation, patients often feel more comfortable walking in the physical therapist’s office or when at home healthcare therapist visits, because these skilled professionals can provide immediate feedback on symmetry etc. Loved ones and caregivers often struggle to know how to support patients, because “looking great” is meaningless to patients who are limited by their injury to sense improvement.

GTX Corp has been at the forefront of wearable technology and holds numerous patents in the field of wireless communications and embedding miniaturized electronics inside footwear. With several footwear based wearable tech products in the marketplace and more expected out this year, the Company’s patented flagship GPS SmartSole® is a perfect fit for the Veristride gait analytics and fall detection technology. The GPS SmartSole comes in several trim to fit sizes for both men and women, are water resistant, made with the highest quality electronic components and assembled in Rhode Island, U.S.A.

 

About Veristride

Veristride, Inc. analyzes movement at the source, enabling users to heal, excel and thrive. High fidelity sensors at the foot interface paired with state of the art biomechanical analysis allow Veristride to analyze how people walk, run and move. Built on over 15 years of research, Veristride’s approach caters to a wide range of users from individuals to trainers to organizations. In healthcare, Veristride’s PT Metrix system is used by physical therapists who work with individuals faced with mobility challenges. Both clinicians and their patients need better information about progress and symmetry using cues and analytics to measure outcomes.

Online: http://www.veristride.com

 

Social media – #ptmetrix

https://www.facebook.com/veristride

https://www.twitter.com/veristride

https://www.linkedin.com/company/veristride

General information and press kit:

+1.801.610.9816

innovate@veristride.com, pr@veristride.com, ces2018@veristride.com

http://www.veristride.com/presskit

 

About GTX Corp

GTX Corp (GTXO) is a pioneer in Smart, Mobile and Wearable GPS tracking and recovery location based solutions, supported through a proprietary IoT enterprise monitoring platform. GTX offers a complete end-to-end solution of hardware, software and connectivity. The Company develops 2 way GPS tracking technologies which seamlessly integrate with consumer products, enterprise and military applications. GTX Corp utilizes the latest in miniaturized, low power consumption GPS, Cellular and BLE technology and offers a proprietary platform that enables subscribers to track in real time the whereabouts of people or high valued assets through a complete end to end – customizable transceiver module, wireless connectivity gateway, smart phone Apps, middleware, and portal.

 

Headquartered in Los Angeles, California, with distributors in 14 countries and customers in over 35 countries, GTX is known for its award-winning patented GPS SmartSole® – Think Dr. Scholl’s meets LoJack, the world’s first invisible wearable technology device created for those at risk of wandering due to Alzheimer’s, dementia, autism and traumatic brain injury. Currently there are 100 million people worldwide who are part of this at risk wandering group and that number is expected to reach 277 million by 2050. The Company doesn’t just make and sell the best GPS tracking products, they deliver innovative, miniaturized, low power consumption wearable tech that provides safety, security and peace of mind at the touch of a button. We put the “Where” in Wearable Tech.

Online: www.gtxcorp.com Track My Workforce | GTX Corp www.gpssmartsole.com        

 

Social media – #withyou     #smartsole #connectedandprotected         #trackwhatyoulove

https://www.facebook.com/gtxcorpcom

http://www.twitter.com/gtxcorp

www.linkedin.com/in/gtxcorp

http://www.pinterest.com/GTXCorp/

http://instagram.com/gtxcorp

 

General information, investor relations, wholesale licensing, consumer purchase:

213.489.3019

info@gtxcorp.com

ir@gtxcorp.com

http://gtxcorp.com/contact-us/

Consumer Purchase of GPS SmartSoles

 

GTX Corp United Kingdom

In the UK, GTX Corp operates from its London office. For more information, please contact: Nelson Skip Riddle contact details are:

Email: nsriddle@gtxcorp.com

Tel: +44 7785 364100

 

Disclaimer: GTX Corp does not warrant or represent that the unauthorized use of materials drawn from the content of this document will not infringe rights of third parties who are not owned or affiliated by GTX Corp. Further GTX Corp cannot be held responsible or liable for the unauthorized use of this document’s content by third parties unknown to the company.

 

Forward Looking Statements

This news release contains forward-looking statements. The terms and phrases “expects,” “would,” “will,” “believes,” and similar terms and phrases are intended to identify these forward-looking statements. Forward-looking statements are based on estimates and assumptions made by GTX in light of its experience and its perception of current conditions and expected future developments, as well as other factors that GTX believes are appropriate in the circumstances. Many factors could cause GTX’s actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements. Certain risk factors that may cause actual results to differ are set forth in GTX’s Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (which may be obtained at http://www.sec.gov). These factors should be considered carefully, and readers should not place undue reliance on GTX’s forward-looking statements. GTX has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

 

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GTX Corp Third Quarter 2017 Summary Results

LOS ANGELES, CA – November 20, 2017 – GTX Corp. (OTCQB: GTXO), an IoT platform and provider of personal location GPS wearable technology and wandering assistive technology, announces financial summary for the third quarter ended September 30, 2017.

Third Quarter Highlights:

  • Product revenues increased by 7% over 2016 comparable period
  • Service revenues increased by 8% over 2016 comparable period
  • COGS decreased 20% from 2016 comparable period
  • Product & Service Gross Margins increased from 41% to 56% over 2016 comparable period
  • Professional fees decreased 40% from 2016 comparable period
  • G&A decreased 18% from 2016 comparable period
  • Total operating expenses decreased 6% from 2016 comparable period

Nine Month Highlights:

 

  • Product revenues increased by 17% over 2016 comparable period
  • Service revenues increased by 12% over 2016 comparable period
  • COGS decreased 11% for 2016
  • Gross margins increased from 30% to 46% over 2016 comparable 9 month period

 
During the period ending September 30, 2017, the Company received a contract from the Department of the Air Force to supply Edwards Air Force Base (AFB) with a non-cellular, encrypted GPS technology platform in order to track personnel and equipment on the base. Edwards AFB will be the first military base to deploy this new GPS system developed and manufactured by GTX Corp for large scale installations and bases that need to monitor the location and movement of both human and non-human assets, but due to their remote location or lack of conventional cellular coverage, the system needs to transmit through RF technology, report latitude and longitude coordinates every second and encrypt the data transmission. The Personnel/Equipment Tracking System (PETS) will have solar panels to achieve several months of battery life and a base station that collects the encrypted data for display providing real time updates on every moving asset on the base.

Under the AFB contract, GTX Corp will be responsible for the manufacturing, installation and ongoing maintenance and support of the PETS platform. The Company plans to start delivering parts of the contract in the coming weeks and throughout the remainder of 2017 and into 2018. All of the hardware, software and firmware is expected to be designed, manufactured and coded by the Company at its headquarters in Los Angeles, California. GTX has also design the PCB boards in house in order to keep tight control of the entire design and manufacturing processes.

The Company also partnered with ORBCOMM Inc. (NASDAQ: ORBC), to provide connectivity and distribution in the U.S. for its new Verizon GPS SmartSole(r) product which will operate on the Verizon nationwide network.

The Company signed a collaboration agreement with Veristride, Inc., a company that specializes in gait movement and analysis using custom sensors at the foot and biomechanical analytics to provide feedback on how people walk, run and move. Under the agreement GTX will incorporate its inductive charging technology, look at ways to enhance and miniaturize the electronics, develop a Low Energy Blue Tooth (BLE) gateway and embed the final hardware assembly into a SmartSole. The two companies also plan to explore having GTX do the commercial manufacturing of the products that are currently in development. The business value of analyzing gait and gait technology is significant in fall risk detection and prevention, medication reaction, undetected stroke and early prediction of dementia. Being able to accurately monitor changes in gait/stride or activity levels specifically for seniors can have a major impact on their morbidity and mortality. Despite extensive preventive efforts, falling continues to be a major problem for seniors both at home and in community living facilities. Being able to accurately predict falls, strokes or early onset of dementia by wearing a smart non-intrusive footwear device can offer significant advancements in senior care and wellness. We are on track to have prototypes and working samples by the end of the year and both companies have already received interest from health institutions looking to pilot this innovative technology or to provide grant money.

The Company also partnered with TruSense which combines wireless sensors, Amazon Echo Dot and GPS Technology including GTX’s GPS SmartSole(r) to track daily activities, health patterns and variables, to address the needs of an entire family. This is GTX’s first entry into the Smart Home business and links the GPS SmartSoles with the Amazon voice activated Echo Dot. A TruSense user can ask Alexa where is grandma and receive a voice reply, “Grandma is at 117 W 9th St. in Los Angles California.”

The Company also formed a strategic alliance with HeartMath(r), Inc., an acknowledged world leader in stress and resilience technologies. Dr. Deborah Rozman, President of HeartMath Inc., has worked with thousands of health professionals, and hundreds of hospitals and clinics and through the partnership we created a health guide now available to the GPS SmartSole caregivers which are looking for tools that can help them cope with the physical, emotional and many times financial stress which comes from 24/7 caregiving.

As expected we have now received the first prototypes of The SmartSole lite, which are being developed for lower disposable income markets and more of general population use, and plan to begin field testing in December and go into production in Q1 2018.

On the IP front, Inventergy continues to solicit licensing agreements and has hired a law firm to start litigation with several identified companies in the GPS industry.

Patrick Bertagna, GTX Corp CEO, commented, “This was a fruitful quarter for us in terms of new business and product development. We added a new product line and vertical channel with our PETS military platform. We expanded our SmartSole platform by adding the bio metrics gait analysis and with the development of a smaller lower cost GPS Smartsole both expected to launch in Q1 2018. We also formulated new partnerships with Orbocom, Verizon, Veristride, TrueSense and HeartMath. And we made significant progress on our IP monetization campaign and overall IP portfolio, more news to come shortly. While revenues grew at a modest pace, we still managed to accomplish a lot in business and product development, while lowering our operation costs, increasing subscribers and subscriber revenues, lowering our cost of goods and growing product and service margins. As we drive towards cash flow positive by adding more subscribers we are also evaluating new opportunities to create additional revenue streams from all our assets. I want to thank our team, shareholders, stakeholders, partners and vendors for your continued support.”

About GTX Corp

GTX Corp (GTXO) is a pioneer in Smart, Mobile and Wearable GPS, cellular and BLE tracking and recovery location based services. Through its proprietary enterprise monitoring platform and licensing, subscription recurring revenue business model, GTX Corp offers a complete end-to-end solution of hardware, software and connectivity, backed by an extensive portfolio of patents, patents pending, registered trademarks, copy rights and URL’s.   Headquartered in Los Angeles, California, with distributors in over 14 countries, GTX is known for its game-changing patented GPS Smart Shoe, Smartphone GPS Tracking App, and award winning, patented GPS and BLE SmartSole, the world’s first, invisible wearable wander guard GPS tracking device, initially created for quick recovery of those at risk of wandering due to Alzheimer’s, dementia, autism or traumatic brain injury. GTX provides solutions that answer the “where” question: where is my mother, child, employee, vehicle, drone and high-value assets. The Company doesn’t just make and sell the best GPS tracking products, they deliver in over 35 countries, innovative, miniaturized, low power consumption wearable tech that provides safety, security and peace of mind at the touch of a button. We put the “Where” in Wearable Tech.

Online: www.gtxcorp.com    Track My Workforce | GTX Corp        www.gpssmartsole.com          

 

Social media:  #withyou     #smartsole    #connectedandprotected

https://www.facebook.com/gtxcorpcom

http://www.twitter.com/gtxcorp

www.linkedin.com/in/gtxcorp

http://www.pinterest.com/GTXCorp/

http://instagram.com/gtxcorp

 

General information, investor relations, wholesale licensing, consumer purchase:

213.489.3019

 

info@gtxcorp.com

ir@gtxcorp.com

http://gtxcorp.com/contact-us/

Consumer Purchase of GPS SmartSole

 

GTX Corp United Kingdom

In the UK, GTX Corp operates from its London office. For more information, please contact: Nelson Skip Riddle

Email: nsriddle@gtxcorp.com

Tel: +44 7785 364100

 

Disclaimer: GTX Corp does not warrant or represent that the unauthorized use of materials drawn from the content of this document will not infringe rights of third parties who are not owned or affiliated by GTX Corp. Further GTX Corp cannot be held responsible or liable for the unauthorized use of this document’s content by third parties unknown to the company.

 

Forward Looking Statements

This news release contains forward-looking statements. The terms and phrases “expects,” “would,” “will,” “believes,” and similar terms and phrases are intended to identify these forward-looking statements. Forward-looking statements are based on estimates and assumptions made by GTX in light of its experience and its perception of current conditions and expected future developments, as well as other factors that GTX believes are appropriate in the circumstances. Many factors could cause GTX’s actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements. Certain risk factors that may cause actual results to differ are set forth in GTX’s Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (which may be obtained at http://www.sec.gov). These factors should be considered carefully, and readers should not place undue reliance on GTX’s forward-looking statements. GTX has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

#   #   #   #

share medium GTX Corp Third Quarter 2017 Summary Results

GTX Corp Launches GPS Tracking Solutions for Young Children

Suitable for all ages, the innovative Take-Along Friends come in five adorable, kid friendly toy options to choose from. 
gtx corp plush toys with gps tracker GTX Corp Launches GPS Tracking Solutions for Young Children
LOS ANGELES, CALIFORNIA – November 15, 2017 – GTX Corp (OTCBB: GTXO), an Internet of Things (IoT) solutions provider in the personal location, wearable and wandering assistive technology business, is pleased to announce the launch of the Take-Along Friends product line – a brand-new, safe and discreet GPS tracking solution ideal for young children and suitable for all ages. Available now and just in time for the holidays, the Take-Along Friend is a miniature GPS tracker hidden and safely secured inside a plush toy, providing parents and family members love and protection for their little ones wherever they go. Children will enjoy Take-Along Friends’ charm as much as adults enjoy the peace of mind of knowing at all times where their kids are at the touch of a button.

 

Offered in five different adorable, 8” plush toys to choose from including a panda, puppy, bear, frog and unicorn, each friend comes with a squeezable sound maker, providing entertainment for the child and avoiding any suspicion that it is more than a toy. Additional features include: GTX’s proven GPS Take-Along Tracker technology hidden inside a patented locking zipper pouch, discreet Velcro closure, online tracking and alerts, and tracking ability across the globe. The Take-Along Friend uses the same GPS and cellular technology as your smartphone and includes GTX’s free SmartLocator app, available on the Apple App Store and Google Play Store, as well as access to the customized GTX Corp Monitoring Portal.

 

Meghan Ravada, GTX Corp Community Relations Director and product innovator, commented, “As a mother of two young children, I’ve always appreciated the value of a safe, reliable and suitable GPS tracking device to meet my own family’s needs. I’m extremely excited about being able to add the kid and parent-friendly Take-Along Friends to our ever-growing product portfolio, and truly hope our new product will bring as much peace of mind, safety and security to many families as it will to my own.”

 

Take-Along Friends are the first GTX GPS product specifically made for young children and carry many of the GTX signature features such as being patented, stealth, user friendly and designed to be with the person at all times in case they go missing. Take-Along Friends can help change the dreaded words no parent ever wants to hear from – Child found missing to Missing child found.

 

Most widely known for its patented GPS SmartSole and Smartphone GPS Tracking App, GTX owns and licenses more than 80 patents and has multiple products in the market place, including the Take Along Tracker 3G, Track My Workforce mobile app, its flagship GPS SmartSole and corresponding Sole Protector for GPS SmartSole. The Take-Along Friends are available for purchase today on GTX Corp’s new online store and make a perfect holiday gift.

 

About GTX Corp

GTX Corp (GTXO) is a pioneer in Smart, Mobile and Wearable GPS tracking and recovery location based solutions, supported through a proprietary IoT enterprise monitoring platform. GTX offers a complete end-to-end solution of hardware, software and connectivity. The Company develops 2 way GPS tracking technologies which seamlessly integrate with consumer products and enterprise applications. GTX Corp utilizes the latest in miniaturized, low power consumption GPS, Cellular and BLE technology and offers a proprietary platform that enables subscribers to track in real time the whereabouts of people or high valued assets through a complete end to end – customizable transceiver module, wireless connectivity gateway, smart phone Apps, middleware, and portal. 

 

Headquartered in Los Angeles, California, with distributors across the globe and customers in over 35 countries, GTX is known for its award-winning patented GPS SmartSole® – Think Dr. Scholl’s meets LoJack, the world’s first invisible wearable technology device created for those at risk of wandering due to Alzheimer’s, dementia, autism and traumatic brain injury. Currently there are 100 million people worldwide who are part of this at risk wandering group and that number is expected to reach 277 million by 2050. The Company doesn’t just make and sell the best GPS tracking products, they deliver innovative, miniaturized, low power consumption wearable tech that provides safety, security and peace of mind at the touch of a button. We put the “Where” in Wearable Tech.

 

Online: www.gtxcorp.com        Track My Workforce | GTX Corp        www.gpssmartsole.com          

 

Social media – #withyou     #smartsole    #connectedandprotected

https://www.facebook.com/gtxcorpcom

http://www.twitter.com/gtxcorp

www.linkedin.com/in/gtxcorp

http://www.pinterest.com/GTXCorp/

http://instagram.com/gtxcorp

 

General information, investor relations, wholesale licensing, consumer purchase:

213.489.3019

 

info@gtxcorp.com

ir@gtxcorp.com

http://gtxcorp.com/contact-us/

Consumer Purchase of GPS SmartSoles

 

GTX Corp United Kingdom

In the UK, GTX Corp operates from its London office. For more information, please contact: Nelson Skip Riddle contact details are:

Email: nsriddle@gtxcorp.com

Tel: +44 7785 364100

 

Disclaimer: GTX Corp does not warrant or represent that the unauthorized use of materials drawn from the content of this document will not infringe rights of third parties who are not owned or affiliated by GTX Corp. Further GTX Corp cannot be held responsible or liable for the unauthorized use of this document’s content by third parties unknown to the company.

 

Forward Looking Statements

This news release contains forward-looking statements. The terms and phrases “expects,” “would,” “will,” “believes,” and similar terms and phrases are intended to identify these forward-looking statements. Forward-looking statements are based on estimates and assumptions made by GTX in light of its experience and its perception of current conditions and expected future developments, as well as other factors that GTX believes are appropriate in the circumstances. Many factors could cause GTX’s actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements. Certain risk factors that may cause actual results to differ are set forth in GTX’s Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (which may be obtained at http://www.sec.gov). These factors should be considered carefully, and readers should not place undue reliance on GTX’s forward-looking statements. GTX has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

 

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share medium GTX Corp Launches GPS Tracking Solutions for Young Children

Gtx Corp Supports National Family Caregivers Month

November is National Family Caregivers Month, with this year’s theme, “Caregiving Around the Clock”, holding special significance to those caring for someone with Alzheimer’s or related dementia.

  • The stress of caregiving for persons with dementia has been shown to impact a person’s immune system for up to three years after their caregiving ends, increasing their chances of developing a chronic illness themselves.
  • Among the largest causes of stress for these caregivers is fear of the person they care for wandering and becoming lost, with 60% of those afflicted becoming lost at least once, and 70% of those becoming lost 3 or more times during the progression of the disease.  There are currently more than 5 million Americans living with Alzheimer’s, projected to more than triple, to more than 16 million, by 2050.

GTX Corp is committed to supporting caregivers, of those both living at home and in senior housing communities, by providing “peace of mind” technology through the GPS SmartSole, the world’s first and only, patented insole-based GPS tracking system.

We have a special discount this month in honor of Family Caregivers. Use Coupon Code CAREGIVER to get $25 off a pair of our GPS SmartSoles or a Take Along Tracker.

If you know a family caregiver, please extend an extra “helping hand” in recognition of National Family Caregivers Month. Whether a meal or an offer to provide supervision while they enjoy an evening out, they deserve a chance to refresh and renew as they give of themselves to help others.

Thank you to family caregivers this month and every day for all you do!  

Video with helpful hints http://caregiveraction.org/national-family-caregivers-month

gtx corp supports national family caregivers month Gtx Corp Supports National Family Caregivers Month

www.gpssmartsole.com

About GTX Corp

GTX Corp (GTXO) is a pioneer in Smart, Mobile and Wearable GPS tracking and recovery location based solutions, supported through a proprietary IoT enterprise monitoring platform. GTX offers a complete end-to-end solution of hardware, software and connectivity. The Company develops 2 way GPS tracking technologies which seamlessly integrate with consumer products and enterprise applications. GTX Corp utilizes the latest in miniaturized, low power consumption GPS, Cellular and BLE technology and offers a proprietary platform that enables subscribers to track in real time the whereabouts of people or high valued assets through a complete end to end – customizable transceiver module, wireless connectivity gateway, smart phone Apps, middleware, and portal.

Headquartered in Los Angeles, California, with distributors in 14 countries and customers in over 35 countries, GTX is known for its award-winning patented GPS SmartSole® – Think Dr. Scholl’s meets LoJack, the world’s first invisible wearable technology device created for those at risk of wandering due to Alzheimer’s, dementia, autism and traumatic brain injury. Currently there are 100 million people worldwide who are part of this at risk wandering group and that number is expected to reach 277 million by 2050. The Company doesn’t just make and sell the best GPS tracking products, they deliver innovative, miniaturized, low power consumption wearable tech that provides safety, security and peace of mind at the touch of a button. We put the “Where” in Wearable Tech.

 Online: www.gtxcorp.com                                Track My Workforce | GTX Corp                    www.gpssmartsole.com

Social media – #withyou   #smartsole            #connectedandprotected

https://www.facebook.com/gtxcorpcom

http://www.twitter.com/gtxcorp

www.linkedin.com/in/gtxcorp

http://www.pinterest.com/GTXCorp/

http://instagram.com/gtxcorp

General information, investor relations, wholesale licensing, consumer purchase:

213.489.3019

info@gtxcorp.com

ir@gtxcorp.com

http://gtxcorp.com/contact-us/

Consumer Purchase of GPS SmartSoles

 

GTX Corp United Kingdom

In the UK, GTX Corp operates from its London office. For more information, please contact: Nelson Skip Riddle contact details are:

Email: nsriddle@gtxcorp.com

Tel: +44 7785 364100

share medium Gtx Corp Supports National Family Caregivers Month

GTX Corp is Presenting at the Southern California Biomedical Council Digital Health Summit

Summit explores the promise of the Internet of Medical Things showcasing leading IoMT technologies developed in Southern California

patrick bertagna socal bio health summit speaker GTX Corp is Presenting at the Southern California Biomedical Council Digital Health Summit

LOS ANGELES, CALIFORNIA – November 1, 2017 – GTX Corp (OTCBB: GTXO), an Internet of Things (IoT) solutions provider in the personal location, wearable and wandering assistive technology business, announced today that it has been invited to participate in the 2017 SoCalBio Digital Health Summit presented by the Southern California Biomedical Council, taking place on Tuesday, November 7, 2017 at the Ronald Tutor Campus Center at USC in Los Angeles, CA.

GTX Corp’s Chief Executive Officer, Patrick Bertagna, will be speaking on the “IoMT and Remote Patient Monitoring” panel taking place from 9:15-10:15am PST. During this panel, Mr. Bertagna and other selected fellow industry experts and key opinion leaders, will discuss how remote patient monitoring and care through IoT platforms can disrupt traditional healthcare delivery models and expand the reach of quality healthcare to the aging and remote population.

The SoCalBio Digital Health Summit is a showcase of new IoMT technologies developed in Southern California that promise to disrupt the $3 trillion U.S. healthcare system. Attended by a diverse audience including: digital health companies, medical device developers, drug and component manufacturers, information technology providers, information security professionals, digital health investors, providers and payers, research organizations, public sector officials, CROs, and advocacy groups, the summit provides a forum to share how innovation can improve the delivery of care at lower costs while providing an opportunity to learn from leading companies and providers how they are overcoming internal politics and regulation issues to offer IoMT and big data solutions to improve patient care.

According to research by Frost and Sullivan, the Internet of Medical Things (IoMT) market stood at $22.5 billion in 2016, and is poised to reach $72 billion by 2021. Given the economic promise of IoMT, the SoCalBio Digital Health Summit seeks to take a deeper look at the opportunities and challenges it presents, particularly for the Greater Los Angeles region which is considered one of the top five IoT and digital health clusters in the country and the headquarters of GTX Corp. In addition to showcasing some of the gadgets and new IoMT technologies developed in Southern California, including GTX’s flagship award-winning, patented product, the GPS SmartSole, this Summit provides a forum for digital health stakeholders to discuss the following topics:

1) How IoMT is expected to affect wellness and disease management.

2) How to overcome challenges to IoMT innovation adoption.

3) How to leverage big data solutions to improve and reduce the cost of patient care.

4) Action steps to strengthen the Greater Los Angeles IoMT and digital health ecosystem.

In addition to next week’s health summit, GTX Corp will also be recognized at Uptick Newswire’s 2017 “Uppie Awards Show” later this week taking place on November 3rd in Las Vegas. GTX has been nominated for three separate categories including: 1) Companies That Have Shown Inimitable Technology Growth in 2017 2) Companies That Have Applied the Most Significant Technology Contributions to the Industry and 3) One of a Kind Medical Technologies on the OTC Markets. The first annual event recognizes 90 strategically selected companies for their excellent contributions to their industries, specifically highlighting companies that have contributed to a product break through or attained unique attributes in their arena

Patrick Bertagna, GTX Corp CEO, commented, “We are honored to participate in this health summit panel discussion and look forward to advancing the conversation on how to expand the digital health and IoMT ecosystem. Los Angeles has become an epicenter for wearables and digital health innovation and we greatly appreciate SoCalBio organizing an event that puts so many thought leaders and industry experts in a room to openly discuss how technology will help lower healthcare costs and improve quality of life. We are also looking forward to the Uppie Awards Show this coming Friday, and of course not only rooting for the LA Dodgers to win this week, but also for GTX to come home with a win as well.”

Known for its game-changing, multi-award-winning patented GPS SmartSole and Smartphone GPS Tracking App, GTX has previously been recognized and granted numerous other awards and accolades by prestigious organizations, including most recently honored as the winner of Technology Media Telcoms (TMT) News Magazine’s “Best Wearable Technology Company – USA” and “Most Innovative Tracking & Recovery Technology”, given a 4 star ranking by Able Magazine, highlighted in AARP top 10 best new technologies for seniors, receiving a special mention in a Google white paper, the People’s Choice Award for most innovative connected device, being nominated for the 100 Most Important Inventions of Mankind, exhibited in the Technology Museum of Sweden, included in Entrepreneur Magazine’s top 100 Brilliant Companies, identified by ABI Research as ‘paving the way into the next billion dollar market’ and as the 2nd Place Winner (between Microsoft-1st, and Samsung-3rd,) in the 2015 CTIA E-Tech Awards in the “Wearables, Health, Fitness & Wellness” category, to name a few.

 About SoCalBio

Southern California Biomedical Council (SoCalBio) is a nonprofit, member-supported trade association that serves the biotech, medtech, IVD and digital health communities in the six counties that comprise the Greater Los Angeles region (Los Angeles, Orange, Ventura, Santa Barbara, Riverside and San Bernardino). SoCalBio’s programs help local firms gain access to capital, potential partners and other business services. The Council also promotes technology transfer and workforce training, while informing policy makers and the public at-large about the benefits of the region’s bioscience industry.

Also, SoCalBio is actively promoting digital health as a vibrant and fast-growing component of the Los Angeles “health and wellness” economy. For more information on SoCal Bio and next week’s summit, please visit www.socalbio.org.

About GTX Corp

GTX Corp (GTXO) is a pioneer in Smart, Mobile and Wearable GPS tracking and recovery location based solutions, supported through a proprietary IoT enterprise monitoring platform. GTX offers a complete end-to-end solution of hardware, software and connectivity. The Company develops 2 way GPS tracking technologies which seamlessly integrate with consumer products and enterprise applications. GTX Corp utilizes the latest in miniaturized, low power consumption GPS, Cellular and BLE technology and offers a proprietary platform that enables subscribers to track in real time the whereabouts of people or high valued assets through a complete end to end – customizable transceiver module, wireless connectivity gateway, smart phone Apps, middleware, and portal.

Headquartered in Los Angeles, California, with distributors in 14 countries and customers in over 35 countries, GTX is known for its award-winning patented GPS SmartSole® – Think Dr. Scholl’s meets LoJack, the world’s first invisible wearable technology device created for those at risk of wandering due to Alzheimer’s, dementia, autism and traumatic brain injury. Currently there are 100 million people worldwide who are part of this at risk wandering group and that number is expected to reach 277 million by 2050. The Company doesn’t just make and sell the best GPS tracking products, they deliver innovative, miniaturized, low power consumption wearable tech that provides safety, security and peace of mind at the touch of a button. We put the “Where” in Wearable Tech.

 Online: www.gtxcorp.com                                Track My Workforce | GTX Corp                    www.gpssmartsole.com         

Social media – #withyou   #smartsole            #connectedandprotected

https://www.facebook.com/gtxcorpcom

http://www.twitter.com/gtxcorp

www.linkedin.com/in/gtxcorp

http://www.pinterest.com/GTXCorp/

http://instagram.com/gtxcorp

General information, investor relations, wholesale licensing, consumer purchase:

213.489.3019

info@gtxcorp.com

ir@gtxcorp.com

http://gtxcorp.com/contact-us/

Consumer Purchase of GPS SmartSoles

 

GTX Corp United Kingdom

In the UK, GTX Corp operates from its London office. For more information, please contact: Nelson Skip Riddle contact details are:

Email: nsriddle@gtxcorp.com

Tel: +44 7785 364100

 

Disclaimer: GTX Corp does not warrant or represent that the unauthorized use of materials drawn from the content of this document will not infringe rights of third parties who are not owned or affiliated by GTX Corp. Further GTX Corp cannot be held responsible or liable for the unauthorized use of this document’s content by third parties unknown to the company.

 

Forward Looking Statements

This news release contains forward-looking statements. The terms and phrases “expects,” “would,” “will,” “believes,” and similar terms and phrases are intended to identify these forward-looking statements. Forward-looking statements are based on estimates and assumptions made by GTX in light of its experience and its perception of current conditions and expected future developments, as well as other factors that GTX believes are appropriate in the circumstances. Many factors could cause GTX’s actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements. Certain risk factors that may cause actual results to differ are set forth in GTX’s Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (which may be obtained at http://www.sec.gov). These factors should be considered carefully, and readers should not place undue reliance on GTX’s forward-looking statements. GTX has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

 

###

share medium GTX Corp is Presenting at the Southern California Biomedical Council Digital Health Summit

GTX Corp Partners with Garrison Defense to Provide Real Time GPS Weapons Tracking and Asset Accountability

Garrison GTX rifle tracking gps system GTX Corp Partners with Garrison Defense to Provide Real Time GPS Weapons Tracking and Asset Accountability

LOS ANGELES, CALIFORNIA – October 25, 2017 – GTX Corp (OTCBB: GTXO), an Internet of Things (IoT) solutions provider in the personal location, wearable and wandering assistive technology business, announced today that it has partnered with Garrison Defense LLC (Bozeman, MT), an industry leader of intelligent ready-to-deploy weapon security systems, to incorporate GTX’s GPS tracking technology into Garrison’s new ArmaTrak™️ solution – an intelligent firearm tagging and tracking system that will provide law enforcement and military personnel with real-time weapons accountability through the Garrison central monitoring portal and app.

The Garrison Defense ArmaTrak™️ system allows law enforcement and military personnel to innocuously equip a firearm with GTX Corp’s proprietary field-tested miniaturized GPS tracking technology in a way that seamlessly integrates with the weapon and is unrecognizable to the untrained eye. The device contains a GPS module connected through a cellular network that transmits movement and location based information which can be remotely monitored. When applied to multiple firearms the system provides a comprehensive tool for tracking and controlling weapons inventory. The software allows for firearms to be tracked periodically or in real-time, and alert notifications can be setup to send geofence boundary triggers, low-battery alerts and motion detection based on predefined criteria.

“Garrison’s mission is to develop the most innovative and cutting-edge technologies that provide heightened security and enhanced safety. By leveraging GTX’s experience in high value asset tracking and monitoring technology we know that our new ArmaTrak™️ solution will be a valuable tool for law enforcement and military personnel around the globe,” said Damon Peary, Garrison Defense President and CEO.

According to the Congressional Research Service, as of 2009 there were roughly twice as many guns per capita in the United States as there were in 1968, amounting to more than 300 million guns in all. Reports from the Bureau of Justice Statistics show that in 2008, federal police employed approximately 120,000 full-time law enforcement officers, authorized to make arrests and carry firearms with State and local law enforcement agencies employing more than 1.1 million people on a full-time basis.

Patrick Bertagna, GTX Corp CEO, commented, “Coming off the heels of recently receiving our first large military contract, we are very excited to begin working with Garrison Defense. We began talking with the Garrison team last year and recognized early on the value and safety potential behind tracking weapons for the military and law enforcement. The ability for GTX to leverage its expertise in manufacturing robust, miniaturized, inductive charging and waterproof GPS hardware, along with its patents and the patent Garrison has filed for the ArmaTrak, combined with their expertise in delivering the military and law enforcement with highly technical solutions provides the foundation for a strong partnership. GTX is already developing GPS tracking technology for military personnel and vehicles, so rifles naturally seem like the next high valuable asset to track while keeping in accord with our mission statement to develop technologies that keep us connected and protected.”

Jack Brewer, GTX Corp Brand Ambassador and National Spokesperson and Ambassador for The National Police Athletics/Activities Leagues, Inc. added, “I’m a strong supporter of providing our law enforcement and military with the latest technology. This is a very exciting partnership for GTX as we remain committed to using our patented, miniaturized, military grade technologies to help make the world a better, and ultimately safer place.”

Garrison and GTX are working an aggressive time line in order to have prototypes and samples ready by end of year. Garrison has already received several inquiries and interest from local law enforcement agencies and is targeting to begin pilot testing in early Q1.

About Garrison Defense LLC

Garrison Defense is a leading developer of innovative ready to deploy weapons security systems including the ReadyRack™️. Garrison maintains an attention-to-detail for meticulous product design that provides unmatched performance and utility to military, law enforcement and conscientious citizens. Garrison’s products are built with a durability and reliability that can be trusted to perform under the most rigorous tactical engagements. The Company strives to incorporate innovative, cutting edge technologies that simplify interactions and strengthen security. Additional information is available at www.garrisondefense.com.  

About GTX Corp

GTX Corp (GTXO) is a pioneer in Smart, Mobile and Wearable GPS tracking and recovery location based solutions, supported through a proprietary IoT enterprise monitoring platform. GTX offers a complete end-to-end solution of hardware, software and connectivity. The Company develops 2 way GPS tracking technologies which seamlessly integrate with consumer products and enterprise applications. GTX Corp utilizes the latest in miniaturized, low power consumption GPS, Cellular and BLE technology and offers a proprietary platform that enables subscribers to track in real time the whereabouts of people or high valued assets through a complete end to end – customizable transceiver module, wireless connectivity gateway, smart phone Apps, middleware, and portal. 

Headquartered in Los Angeles, California, with distributors in 14 countries and customers in over 35 countries, GTX is known for its award-winning patented GPS SmartSole® – Think Dr. Scholl’s meets LoJack, the world’s first invisible wearable technology device created for those at risk of wandering due to Alzheimer’s, dementia, autism and traumatic brain injury. Currently there are 100 million people worldwide who are part of this at risk wandering group and that number is expected to reach 277 million by 2050. The Company doesn’t just make and sell the best GPS tracking products, they deliver innovative, miniaturized, low power consumption wearable tech that provides safety, security and peace of mind at the touch of a button. We put the “Where” in Wearable Tech.

Online: www.gtxcorp.com        Track My Workforce | GTX Corp        www.gpssmartsole.com          

Social media – #withyou     #smartsole    #connectedandprotected

https://www.facebook.com/gtxcorpcom

http://www.twitter.com/gtxcorp

www.linkedin.com/in/gtxcorp

http://www.pinterest.com/GTXCorp/

http://instagram.com/gtxcorp

General information, investor relations, wholesale licensing, consumer purchase:

213.489.3019

info@gtxcorp.com

ir@gtxcorp.com

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Consumer Purchase of GPS SmartSoles

GTX Corp United Kingdom

In the UK, GTX Corp operates from its London office. For more information, please contact: Nelson Skip Riddle contact details are:

Email: nsriddle@gtxcorp.com

Tel: +44 7785 364100

Disclaimer: GTX Corp does not warrant or represent that the unauthorized use of materials drawn from the content of this document will not infringe rights of third parties who are not owned or affiliated by GTX Corp. Further GTX Corp cannot be held responsible or liable for the unauthorized use of this document’s content by third parties unknown to the company.

Forward Looking Statements

This news release contains forward-looking statements. The terms and phrases “expects,” “would,” “will,” “believes,” and similar terms and phrases are intended to identify these forward-looking statements. Forward-looking statements are based on estimates and assumptions made by GTX in light of its experience and its perception of current conditions and expected future developments, as well as other factors that GTX believes are appropriate in the circumstances. Many factors could cause GTX’s actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements. Certain risk factors that may cause actual results to differ are set forth in GTX’s Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (which may be obtained at http://www.sec.gov). These factors should be considered carefully, and readers should not place undue reliance on GTX’s forward-looking statements. GTX has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

 

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