GTX Corp Engages Doost, Inc. to Open Retail Channels

Sales map GTX Corp Engages Doost, Inc. to Open Retail Channels

LOS ANGELES (July 19, 2018) GTX Corp (OTCBB: GTXO) (“the Company”), a pioneer in the field of wearable GPS human and asset tracking systems and wandering assistive technology, today announces the hiring of Doost, Inc,. a boutique sales and business development agency bridging the gap between Big Box retailers and technology companies.

Led by a team with extensive technology expertise, Doost understands the challenges technology companies have in bringing their solutions to the retail marketplace. Doost leverages this knowledge, along with its deep relationships within the retail industry and unrivaled access to a global network of resources, to assist tech companies’ scale and bring their products to market.

“We look forward to helping GTX Corp expand its market reach to Big Box retailers while providing strategic opportunities through our corporate brand partners,” stated Aryan Davachi, managing partner.

GTX Corp is best known for its wearable wander assistive GPS Smartsole® product, a GPS tracker embedded in an insole for people that have a tendency to wander, due to Alzheimer’s, dementia and autism. As Bloomberg recently reported, over 45 million Americans will be caring for 117 million seniors by 2020. Recognizing vast potential in the $50-billion senior care market, major retailers like Best Buy (BBY) are making significant investments to sell products and services that enable adults to remotely monitor their aging parents. This is exactly the type of wearable IoMT technology in which GTX Corp specializes.

Patrick Bertagna, GTX Corp CEO, commented, “As the IoT and wearable tech space continues to gain momentum and traction, we are very pleased Doost will help us open, navigate and ultimately place products within the large retail and corporate industries. At GTX Corp we continue to expand our line of tracking and monitoring solutions, and Doost is the first of several new alliances we will be forming in order to expand sales both in the U.S. and across Europe.”

About Doost, Inc.
Doost is a San Jose, California boutique agency with a focus on retail, technology innovation, and the integration between the two.  Our deep relationships within the retail industry provide unrivaled access to a global network of expertise and resources.  Simultaneously, our sharp focus on technological innovation gives us proprietary access to the best new technologies designed to help retailers remain competitive.  Whether you are an existing retailer searching for new ways to stay competitive through technology, a technology company seeking to expand your retail industry reach, or a brand looking for new partnership opportunities, Doost navigates you between these industries with your needs at the forefront.  For more information, visit www.DoostInc.com.

About GTX Corp

GTX Corp (GTXO) is a pioneer in smart, mobile and wearable GPS tracking and recovery location-based products, supported through a proprietary IoT enterprise monitoring platform. GTX offers a global end-to-end solution of hardware, software and connectivity. GTX Corp develops two-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, RF and BLE technology, enabling subscribers to track in real time the whereabouts of people or high-value assets through a complete –end-to-end, customizable transceiver module, wireless connectivity gateway, smart phone apps, middleware and IoT portal.  Headquartered in Los Angeles, California, GTX is known for its game-changing and award-winning patented GPS SmartSole® –think Dr. Scholl’s meets LoJack – the world’s first invisible, wearable technology tracking device created for those at risk of wandering due to Alzheimer’s, dementia, autism and traumatic brain injury. GTX Corp’s business model is built around technology innovation, and the Company holds over 85 patents, with many issued patents in the area of GPS tracking. The company has international distributors servicing customers in over 35 countries and is a U.S. military government contractor. Other customers include public health authorities and municipalities, emergency and law enforcement, NGOs, private companies, public and private senior care homes, and consumers.

For more information, visit www.GTXCorp.com, Track My Workforce | GTX Corp or www.GPSSmartSole.com        

 

Social media – #withyou   #smartsole   #connectedandprotected   #trackwhatyoulove

GTX Blog http://gpsinsole.com/

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/

 

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 on the SEC Website). 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.

Corporate Communications Contact: 
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

share medium GTX Corp Engages Doost, Inc. to Open Retail Channels

GTX Corp Closes Million Dollar Institutional Financing at Premium to Market

GTX WEB BANNER GTX Corp Closes Million Dollar Institutional Financing at Premium to Market

Los Angeles, Calif. – July 16, 2018 – GTX Corp (OTCBB: GTXO) (“the Company”), a pioneer in the field of wearable GPS human and asset tracking systems and wandering assistive technology, is pleased to announce the completion of several corporate initiatives including securing a million dollar round of financing at a 10x valuation of current trading price. The Company has already received its first tranche and will draw down additional tranches over the next 12 months. The financing will help position the Company for growth, support upcoming corporate initiatives and pay down some debt.

GTX Corp has also successfully completed a reverse split and is in the process of up-listing to the OTCQB Venture Exchange. Over the next 15 days GTXO will trade under the ticker symbol GTXOD and then will revert back to GTXO once all the trading platforms have been updated.

“We are thrilled to announce securing a new strategic partner that recognizes the true value of GTX Corp and is providing capital at a premium to market, along with business and corporate development services,” commented Patrick Bertagna, GTX Corp CEO. The reverse, up list and financing constituents a turning point and a milestone event for all of GTX Corp’s stakeholders.

This financing will provide the critical resources needed to scale and build out the business, Bertagna said. With the wearable technology and IoT industry growing rapidly, the infusion of resources comes at the perfect time and will allow the Company to focus solely on growth and execution, he concluded.

 

About GTX Corp

GTX Corp (GTXO) is a pioneer in smart, mobile and wearable GPS tracking and recovery location-based products, supported through a proprietary IoT enterprise monitoring platform. GTX offers a global end-to-end solution of hardware, software and connectivity. GTX Corp develops two-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, RF and BLE technology, enabling subscribers to track in real time the whereabouts of people or high-value assets through a complete –end-to-end, customizable transceiver module, wireless connectivity gateway, smart phone apps, middleware and IoT portal.  Headquartered in Los Angeles, California, GTX is known for its game-changing and award-winning patented GPS SmartSole® –think Dr. Scholl’s meets LoJack – the world’s first invisible, wearable technology tracking device created for those at risk of wandering due to Alzheimer’s, dementia, autism and traumatic brain injury. GTX Corp’s business model is built around technology innovation, and the Company holds over 85 patents, with many issued patents in the area of GPS tracking. The company has international distributors servicing customers in over 35 countries and is a U.S. military government contractor. Other customers include public health authorities and municipalities, emergency and law enforcement, NGOs, private companies, public and private senior care homes, and consumers.

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

 

Social media – #withyou   #smartsole   #connectedandprotected   #trackwhatyoulove

GTX Blog http://gpsinsole.com/

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/

 

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 on the SEC Website). 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 Closes Million Dollar Institutional Financing at Premium to Market

GTX Corp Announces Update on Corporate Strategic Plan

shareholder 2 GTX Corp Announces Update on Corporate Strategic Plan

Los Angeles, Calif. – July 12, 2018– GTX Corp (OTCBB: GTXO) (“the Company”), a pioneer in the field of wearable GPS human and asset tracking systems and wandering assistive technology, announced today FINRA has approved and made effective the reverse split which was filed on June 25th. The trading symbol for the common stock will remain GTXO, however over the next 20 days it will trade under the ticker symbol GTXOD and then will revert back to GTXO once all the trading platforms have been updated. The Company did however get a new CUSIP number 362408 205.

Symbol GTXO GTXOD

Patrick Bertagna, GTX Corp CEO, commented, “ We are very pleased with how quickly this became effective, a tribute to FINRA, our legal team, CFO and our 10 years of being a fully reporting company. As part of our comprehensive plan to make the public side of our business more reflective of the Company’s true value we will begin immediately to prepare for the up listing to the OTCQB Venture Exchange.”

To learn more about GTX Corp’s future growth strategies, and its portfolio of unique products designed to solve big problems, NNW’s Stuart Smith recently interviewed GTX Corp CEO Patrick Bertagna, the interview can be heard at http://nnw.fm/9KCtB

Recently the Company announced the commercial launch of 2 new GPS tracking solutions for kids. Orders came in from multiple distributors prompting the Company to place its largest order yet with the factory in order to keep up with expected future demand.

GTX Corp is a For Profit For Purpose Company which manufactures many of its products in the United States and offers multiple consumer products in the marketplace. All GTX products are available on the Company’s online store, Amazon, and authorized resellers and distributors across the globe. GTX Corp is also a proud U.S. military contractor.

 

About GTX Corp

GTX Corp (GTXO) is a pioneer in smart, mobile and wearable GPS tracking and recovery location based products, supported through a proprietary IoT enterprise monitoring platform. GTX offers a global end-to-end solution of hardware, software and connectivity. GTX Corp 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, RF and BLE technology enabling subscribers to track in real time the whereabouts of people or high value assets through a complete end to end – customizable transceiver module, wireless connectivity gateway, smart phone Apps, middleware, and IoT portal.  Headquartered in Los Angeles, California, GTX is known for its game changing and award-winning patented GPS SmartSole® – Think Dr. Scholl’s meets LoJack, the world’s first invisible wearable technology tracking device created for those at risk of wandering due to Alzheimer’s, dementia, autism and traumatic brain injury. GTX Corp’s business model is built around technology innovation and holds over 85 patents with many issued patents in the area of GPS tracking. The company has international distributors servicing customers in over 35 countries and is a U.S. military government contractor. Other customers include public health authorities and municipalities, emergency and law enforcement, NGO’s, private companies, public and private senior care homes, and consumers.

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

 

Social media – #withyou   #smartsole   #connectedandprotected   #trackwhatyoulove

GTX Blog http://gpsinsole.com/

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/

 

 

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 on the SEC Website). 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 Announces Update on Corporate Strategic Plan

GTX Corp Launches 2 New GPS Trackers for Kids SmartSole Now Available in Size Small

New Kids Trackers PR GTX Corp Launches 2 New GPS Trackers for Kids  SmartSole Now Available in Size Small

LOS ANGELES, Calif. June 28, 2018 – GTX Corp (OTCBB: GTXO)an IoT platform and global provider of GPS tracking and monitoring wearable and wandering assistive technology, announces today the launch of the GPS SmartSole in size small and the new GPS Invisabelt designed for toddlers and kids.

As GTX Corp continues to expand its line of GPS wearable technology for those at risk of wandering due to Alzheimer’s, dementia, autism and traumatic brain injury, the Company also recognizes that there is demand for tracking young children. GTX Corp is very pleased to announce the commercial rollout of the GPS SmartSole in size small, perfect for big kids and small women!

“As we continue to partner with the autistic community and help create programs and solutions to fit their needs for small, non-invasive, non-intrusive and affordable assistive technologies, the long awaited size small GPS SmartSole comes at a perfect time,” stated Patrick Bertagna GTX Corp CEO. And for those parents that want to keep track of their little ones, the Company also launched Invisabelt, sized to fit as soon as a child starts to walk, until old enough to wear a pair of SmartSoles.”

The trim to fit small size GPS SmartSole will fit most kids’ shoe size 3 and up to a women’s size 7.5.

And the Invisabelt is offered in two sizes, S/M (18” – 22”) waist and M/L (22” to a 28”) waist. They come in two fabulous colors, sport grey and heather pink and with an introductory price of $149.00 and $18.00 per month service plan.

“Over the years countless parents have asked us to develop a GPS Tracker they could hide on their young child, so with innovative engineering and careful product development, we finally have a wearable GPS tracking option for every age. We were inspired by our 2018 theme “Track What You Love”, and as a parent I can tell you it’s a great relief to have a GPS tracker on my own 2 year old child,” stated Meghan Ravada, GTX Corp Community Relations Director.

GTX Corp offers a suite of tracking and monitoring products and services for a wide scope of applications ranging from Track My Work Force, the Take-Along World, its flagship GPS SmartSole, and custom military and law enforcement security solutions. Operating under the motto “We Put the ‘Where’ in Wearable Tech,” GTX’s main goal is to keep you connected to who and what matters most, with each of its patented tracking technologies providing real-time location coordinates on a map via a personalized portal. The company prides itself on offering effective solutions that provide safety, security and peace of mind.

GTX Corp is a For Profit For Purpose Company which manufactures many of its products in the United States and offers multiple consumer products in the marketplace. All GTX products are available on the Company’s online store, Amazon, and authorized resellers and distributors across the globe. GTX Corp is also a proud U.S. military contractor.

About GTX Corp

GTX Corp (GTXO) is a pioneer in smart, mobile and wearable GPS tracking and recovery location based products, supported through a proprietary IoT enterprise monitoring platform. GTX offers a global end-to-end solution of hardware, software and connectivity. GTX Corp 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, RF and BLE technology enabling subscribers to track in real time the whereabouts of people or high value assets through a complete end to end – customizable transceiver module, wireless connectivity gateway, smart phone Apps, middleware, and IoT portal.  Headquartered in Los Angeles, California, GTX is known for its game changing and award-winning patented GPS SmartSole® – Think Dr. Scholl’s meets LoJack, the world’s first invisible wearable technology tracking device created for those at risk of wandering due to Alzheimer’s, dementia, autism and traumatic brain injury. GTX Corp’s business model is built around technology innovation and holds over 85 patents with many issued patents in the area of GPS tracking. The company has international distributors servicing customers in over 35 countries and is a U.S. military government contractor. Other customers include public health authorities and municipalities, emergency and law enforcement, NGO’s, private companies, public and private senior care homes, and consumers.

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

 

Social media – #withyou   #smartsole   #connectedandprotected   #trackwhatyoulove

GTX Blog http://gpsinsole.com/

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/

 

 

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 on the SEC Website). 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 Launches 2 New GPS Trackers for Kids  SmartSole Now Available in Size Small

GPS SmartSole® Used to Predict Wandering of Individuals with Dementia

research pr GPS SmartSole® Used to Predict Wandering of  Individuals with Dementia

George Mason University’s College of Health and Human Services Completes Phase II of Machine Learning Wandering Prediction Research

Los Angeles, Calif. – June 18, 2018– GTX Corp (OTCBB: GTXO), an IoT platform in the personal location wearable and wandering assistive technology business, announced today that George Mason University’s College of Health and Human Services has successfully completed its Phase II machine learning wandering prediction research. The recently published study1 explores the possibility of using machine learning methods applied to data from GPS trackers to create individualized models that describe patterns

of movement. These patterns can be used to predict the typical locations of individuals with dementia and to detect movements that do not follow regular patterns and may correspond to wandering. This research has the potential to greatly help families and caregivers quickly detect and stop episodes of wandering before they can result in tragic incidents.

As part of a the GTX collaboration agreement with Mason, which began in fall of 2016, the university utilized the patented GPS SmartSole, GTX’s location-based technology and data, in order to study wandering habits in elderly people with Alzheimer’s and dementia, and data from a sample of 338 GPS trackers were used during the trial.

“When individuals with Alzheimer’s or dementia wander, it can be dangerous and cause their loved ones great concern,” said Janusz Wojtusiak, PhD, associate professor and Director of Health Informatics at Mason’s College of Health and Human Services. “As many as 60 percent of those afflicted will wander and become lost at least once during the progression of the disease, and until now there hasn’t been the ability to predict the movements of these individuals as they are wandering. We’re proud to take the lead on potentially finding a long-sought solution to this puzzle. This project would not have been possible without the help from GTX that provided access to GPS data, technology and valuable expertise and combined with our expertise on intelligent systems and prediction, which in the future may very much help save lives of those who wander.”

“Professor Wojtusiak’s team continues to advance his research and has done a great job combining advanced machine learning methods with our tracking and monitoring GPS wearable technology. We believe ‘advanced machine learning and big data’ will play a major role in finding solutions to complex problems such as Alzheimer’s wandering,” stated Andrew Duncan, GTX Corp director of business development.

“GTX has been at the forefront of wandering assistive and recovery technology and, as a for-profit-for-purpose company, we are committed to working with our partners to develop solutions that will have a major impact on large sections of the aging population,” stated Patrick Bertagna, GTX Corp CEO. “Professor Wojtusiak’s research is very promising, 2 and comes on the heels of this month’s issue of AARP asking experts such as Steve Wozniak, Sanjay Gupta, Dr. Oz and Professor Andy Carle, ‘ What’s Next in technologies for seniors.’ Some of the answers were shoes that diagnose, tracking your Health through an App, data coming from your shoes and soles, and your shoes may soon monitor your health.”

As the Mason team members continue to work on more advanced predictive techniques, they have also submitted proposals for additional funding to advance the research to uncover patterns of movement that are associated with Alzheimer’s disease progression.

“According to the World Health Organization (WHO) the number of people affected will triple from 50 million to 152 million, with an estimated annual cost of $818 billion. Many of those who wander will not even realize they are lost or may hide from those searching for them. So this is truly groundbreaking data that offers the potential to save lives and dramatically reduce the costs of high-resource rescue operations.” states Andrew Carle, Adjunct Professor and Founding Director of the Program in Senior Housing Administration at GMU.

The research will be made available to GTX Corp, which will consider deploying the prediction algorithms into its backend monitoring platform, adding another layer of technology and overall value to the Company’s proprietary GPS tracking platform and monitoring services. The Company is also developing a low cost data-collection-only SmartSole that could be used in a wide-scale research programs.

The patented GPS SmartSole® is a non-visible GPS tracking device designed to monitor the location of people afflicted with cognitive memory disorders, such as Alzheimer’s, dementia, autism and traumatic brain injury (TBI), who have a tendency to get lost or wander, and for people at risk of kidnapping, such as government employees, journalists and high-level executives.

Resources:

  1. http://www.mli.gmu.edu/papers/2018/p18-1.pdf
  1. http://www.mli.gmu.edu/index.php/publications/

  

About George Mason University

George Mason University is Virginia’s largest and most diverse public research university. Located near Washington, D.C., Mason enrolls 34,000 students from 130 countries and all 50 states. Mason has grown rapidly over the last half-century and is recognized for its innovation and entrepreneurship, remarkable diversity and commitment to accessibility. Learn more at http://www.gmu.edu.

About GTX Corp

GTX Corp (GTXO) is a pioneer in smart, mobile and wearable GPS tracking and recovery location-based products, supported through a proprietary IoT enterprise monitoring platform. GTX offers a global end-to-end solution of hardware, software and connectivity. GTX Corp develops two-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, RF and BLE technology, enabling subscribers to track in real time the whereabouts of people or high value assets through a complete end to end — customizable transceiver module, wireless connectivity gateway, smart phone Apps, middleware, and IoT portal.  Headquartered in Los Angeles, California, GTX is known for its game-changing and award-winning patented GPS SmartSole® — think Dr. Scholl’s meets LoJack, the world’s first invisible wearable technology tracking device created for those at risk of wandering due to Alzheimer’s, dementia, autism and traumatic brain injury. GTX Corp’s business model is built around technology innovation and holds over 85 patents, with many issued patents in the area of GPS tracking. The company has international distributors servicing customers in over 35 countries and is a U.S. Military Government contractor. Other customers include public health authorities and municipalities, emergency and law enforcement, NGOs, private companies, public and private senior care homes, and consumers.

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

 

Social media – #withyou   #smartsole   #connectedandprotected   #trackwhatyoulove

GTX Blog http://gpsinsole.com/

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/

 

 

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 on the SEC Website). 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 GPS SmartSole® Used to Predict Wandering of  Individuals with Dementia

Telefónica Showcasing GPS SmartSole and BioStride at CEBIT 2018

PR CeBit Telefónica Showcasing  GPS SmartSole and BioStride at CEBIT 2018 

LOS ANGELES, CALIFORNIA –June 13, 2018 – GTX Corp (OTCBB: GTXO), an IoT platform in the GPS wearable and wandering assistive technology business, will be showcasing its flagship GPS SmartSolenow available in kids sizes and the BioStride gait and fall predication solution at CeBIT, in Hannover Germany June 11-15, 2018 on the Telefónica Deutschland stand in Hall 13, Stand 64.

CeBIT is the largest and most internationally represented expo, with over 200,000 participants and is the world’s largest gathering of leading edge technology companies. Held in Hannover, Germany each year, it is considered a barometer of current trends and a measure of the technology industry. Telefónica Deutschland is part of Telefónica SA group (NYSE: TEF) a Spanish multinational broadband and telecommunications provider with operations in Europe, Asia, North, Central and South America, and is one of the largest telephone operators and mobile network providers in the world. Presenting the latest developments around the theme of connectivity and showcasing the GPS SmartSole, GTX Corp’s flagship patented wearable tech product, now available in kid’s sizes and the new BioStride gait and fall predication insoles, along with other unique and flexible business solutions in the areas of Machine 2 Machine (M2M) and the Internet of Things (IoT).

“CEBIT is Europe’s premiere show drawing consumers and business professionals from all over the technology and telecommunications industry, and we are honored that our partner Telefónica Deutschland has decided to showcase two of our products at the center of their stand,” said Andrew Duncan GTX Corp director of Business development. “We invite all of our customers and anyone else interested in seeing our line of wearable tracking solutions to go to the Telefonica booth.”

GTX Corp offers a suite of tracking and monitoring products and services for a wide range of applications ranging from Track My Work Force, the Take-Along World, its flagship GPS SmartSole and custom military and law enforcement security solutions.

GTX Corp is a For Profit For Purpose Company which manufactures many of its products in the United States, has multiple consumer products in the market place, all available on its online store, Amazon and authorized resellers and distributors across the globe and is a U.S. military contractor.

For information on our Free Trial with monthly service plans as low as $5.00 perfect for tracking your employees, Track My Work Force is an efficient and cost­ effective solution for business owners and managers overseeing a mobile workforce. The app is faster, safer, more reliable and more accurate than text messaging or self-reporting mileage. Your employees simply set it and go, free to focus on their work, and you get real-time updates and reports. With no upfront cost and service contracts!

Ready to order the Take-Along World Tracker

In celebration of our recent launch, GTX Corp is pleased to offer FREE ACTIVATION ($24.95 value) on all Take-Along purchases in the month of June. Use promo code: WORLD

Wholesale ordering quantities of 10 or more? Please contact us at info@gtxcorp.com.

About Telefónica Deutschland

Telefónica Deutschland Holding AG, with its operationally active subsidiaries Telefónica Germany GmbH & Co. OHG and E-Plus Mobilfunk GmbH, is listed at the Frankfurt Stock Exchange in the Prime Standard. Through its brand O2 as well as several secondary and partner brands, the company offers postpaid and prepaid mobile telecommunications products as well as innovative mobile data services based on the GPRS, UMTS and LTE technologies to private and business customers in Germany. As an integrated communications provider it also offers fixed network products, such as DSL telephony for private customers, as well as innovative IP telephony and networking solutions for business customers. Telefónica Deutschland’s product range is rounded off with modern high-speed internet products. With 49.3 million accesses (as of 31st December 2016), the company is one of the three leading integrated telecommunication providers in Germany. In the mobile segment alone, Telefónica Deutschland is responsible for 44.3 million lines – making it the German market leader. Revenue in the financial year 2016 EUR 7.50 billion. Telefónica Deutschland is part of the Spanish telecommunications group Telefónica S.A., headquartered in Madrid. With a presence in 21 countries and a customer base of 350 million accesses, Telefónica Group is one of the largest telecommunications companies around the world.

About GTX Corp

GTX Corp (GTXO) is a pioneer in smart, mobile and wearable GPS tracking and recovery location based products, supported through a proprietary IoT enterprise monitoring platform. GTX offers a global end-to-end solution of hardware, software and connectivity. GTX Corp 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, RF and BLE technology enabling subscribers to track in real time the whereabouts of people or high value assets through a complete end to end – customizable transceiver module, wireless connectivity gateway, smart phone Apps, middleware, and IoT portal.  Headquartered in Los Angeles, California, GTX is known for its game changing and award-winning patented GPS SmartSole® – Think Dr. Scholl’s meets LoJack, the world’s first invisible wearable technology tracking device created for those at risk of wandering due to Alzheimer’s, dementia, autism and traumatic brain injury. GTX Corp’s business model is built around technology innovation and holds over 85 patents with many issued patents in the area of GPS tracking. The company has international distributors servicing customers in over 35 countries and is a U.S. Military Government contractor. Other customers include public health authorities and municipalities, emergency and law enforcement, NGO’s, private companies, public and private senior care homes, and consumers.

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

Social media – #withyou   #smartsole   #connectedandprotected   #trackwhatyoulove

GTX Blog http://gpsinsole.com/

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/

 

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 on the SEC Website). 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 Telefónica Showcasing  GPS SmartSole and BioStride at CEBIT 2018

GTX Corp Announces New GPS Take-Along World Tracker for $89.00

PR WORLD GTX Corp Announces New GPS Take Along World Tracker for $89.00

Los Angeles, CA June 5, 2018 – GTX Corp (OTCBB: GTXO)an IoT platform and global provider of GPS tracking and monitoring wearable and wandering assistive technology, announced today the launch of its new GPS Take-Along Tracker WORLD, which can operate in virtually in every country, expect for Japan and Korea, at an incredible introductory price of $89.00 and a Monitoring Service Plan as low as $16.31 per month.

“We are happy to provide what we feel is the best value GPS tracking device on the market,” stated Meghan Ravada, GTX Corp Community Relations Coordinator. “Perfect for families that travel, the tiny Take-Along WORLD is as convenient as it is affordable.”

Less than 3 inches, Take-Along WORLD hides easily in a pocket, purse, hip pack or backpack. And in case of an emergency comes with an S.O.S. button set up to send a text containing time and location. Enjoy the security and peace of mind with the full suite of features available on the GTX Corp Monitoring Portal where it’s simple to view the GPS Take-Along WORLD on a map, set up geozone boundaries or run a variety of reports. Users can also monitor all their GTX devices through the GTX Corp Smart Locator app, which provides at-a-glance convenience from any smartphone or tablet, all included free of charge with your low monthly service plan.

With the same quality and similar features as more expensive GPS Trackers, the Take-Along World is perfect for kids, lone worker programs, security officers, frequent flyer travelers and a host of other uses.

GTX Corp offers a suite of tracking and monitoring products and services for a wide range of applications ranging from Track My Work Force, the Take-Along World, its flagship GPS SmartSole and custom military and law enforcement security solutions.

T A3G flow GTX Corp Announces New GPS Take Along World Tracker for $89.00

Ready to order the Take-Along World Tracker? In celebration of the launch, GTX Corp is pleased to offer FREE ACTIVATION ($24.95 OFF) on all Take-Along purchases in the month of June. Use promo code: WORLD

Wholesale ordering quantities of 10 or more? Please contact us at info@gtxcorp.com.

GTX Corp is a For Profit For Purpose Company which manufactures many of its products in the United States, has multiple consumer products in the market place, all available on its online store, Amazon and authorized resellers and distributors across the globe and is a U.S. military contractor.

Track what you love video

 

Autism Awareness Month

Consumer Purchase of GPS SmartSoles

For information on our Free Trial with monthly service plans as low as $5.00 perfect for tracking your employees, Track My Work Force is an efficient and cost­ effective solution for business owners and managers overseeing a mobile workforce. The app is faster, safer, more reliable and more accurate than text messaging or self-reporting mileage. Your employees simply set it and go, free to focus on their work, and you get real-time updates and reports. With no upfront cost and service plans as low as $5.00.

About GTX Corp

GTX Corp (GTXO) is a pioneer in smart, mobile and wearable GPS tracking and recovery location based products, supported through a proprietary IoT enterprise monitoring platform. GTX offers a global end-to-end solution of hardware, software and connectivity. GTX Corp 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, RF and BLE technology enabling subscribers to track in real time the whereabouts of people or high value assets through a complete end to end – customizable transceiver module, wireless connectivity gateway, smart phone Apps, middleware, and IoT portal.  Headquartered in Los Angeles, California, GTX is known for its game changing and award-winning patented GPS SmartSole® – Think Dr. Scholl’s meets LoJack, the world’s first invisible wearable technology tracking device created for those at risk of wandering due to Alzheimer’s, dementia, autism and traumatic brain injury. GTX Corp’s business model is built around technology innovation and holds over 85 patents with many issued patents in the area of GPS tracking. The company has international distributors servicing customers in over 35 countries and is a US Military Government contractor. Other customers include public health authorities and municipalities, emergency and law enforcement, NGO’s, private companies, public and private senior care homes, and consumers.

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

 

Social media – #withyou   #smartsole   #connectedandprotected   #trackwhatyoulove

GTX Blog http://gpsinsole.com/

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/

 

 

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 on the SEC Website). 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 Announces New GPS Take Along World Tracker for $89.00

GTX Corp on Capitol Hill advocating for Kevin and Avonte’s Law and seeking new UN Market Opportunities

PR Capitol GTX Corp on Capitol Hill advocating for Kevin and Avonte’s Law and seeking new UN Market Opportunities

Los Angeles, CA May 31, 2018 – GTX Corp (OTCBB: GTXO)an IoT platform and global provider of GPS tracking and monitoring wearable and wandering assistive technology, went to Capitol Hill to meet with congress to discuss Kevin and Avonte’s law. GTX Corp CEO Patrick Bertagna along with Jack Brewer National Spokesperson for NPAL ( National Police Athletic League) Sean Jackson Senior advisor for Government Affairs and Ron Allen VP of NPAL were on Capitol Hill meeting with Rep. Mike Doyle(D-PA), Rep. Chris Smith (R-NJ), Rep. Maxine Waters (D-CA), Sen. Klobuchar (D-MN), Sen. Grassley (R-IA) and Sen. Chuck Schumer (D-NY) to discuss the recently passed Law – S. 2070 which will authorize the appropriation of $2 million annually over the 2018–2022 period for DOJ to make grants to state and local governments and nonprofit organizations for programs to locate missing persons with dementia or developmental disabilities. The grants will facilitate training and emergency protocols for school personnel, supply first responders with additional information and resources, and make local tracking technology available for individuals who may wander.

 

Patrick Bertagna GTX Corp CEO, stated, “We have been following this bill since 2014 and are very pleased to see it passed into law and appropriated in the recently approved federal budget. We sincerely thank all the members of congress who worked tirelessly to help move this forward. This law speaks to the heart of our mission statement of providing wearable GPS tracking solutions and wander assistive technology for those prone to wandering due to Alzheimer’s or autism.”

In addition to going to Capitol Hill, GTX Corp attended a U.N. seminar on – Doing Business with the United Nations. Ambassador Nikki HaleyU.S. ambassador to the United Nations kicked off the one day event which introduced the UN’s $17.7 billion procurement market to the approximate 150 U.S. companies attending. The event provided information for suppliers who may have already bid on UN tenders but have yet to secure their first contract as well as for companies who need help getting started in the submission process. Attendees heard from several of the largest procurers in the UN system, and had the opportunity to schedule one on one meetings with UN Officials. GTX had the opportunity to introduce its Tagging, Tracking and Locating (TTL) technology to members of the UN and Commerce Department, with follow up calls scheduled in the coming weeks.

GTX Corp is a For-Profit For Purpose Company which manufactures many of its products in the United States, has multiple consumer products in the market place, all available on its online store, Amazon and authorized resellers and distributors across the globe and is a U.S. military contractor.

 

 

Track what you love video

 

Autism Awareness Month

 

Consumer Purchase of GPS SmartSoles

 

About GTX Corp

GTX Corp (GTXO) is a pioneer in smart, mobile and wearable GPS tracking and recovery location based products, supported through a proprietary IoT enterprise monitoring platform. GTX offers a global end-to-end solution of hardware, software and connectivity. GTX Corp 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, RF and BLE technology enabling subscribers to track in real time the whereabouts of people or high value assets through a complete end to end – customizable transceiver module, wireless connectivity gateway, smart phone Apps, middleware, and IoT portal.  Headquartered in Los Angeles, California, GTX is known for its game changing and award-winning patented GPS SmartSole® – Think Dr. Scholl’s meets LoJack, the world’s first invisible wearable technology tracking device created for those at risk of wandering due to Alzheimer’s, dementia, autism and traumatic brain injury. GTX Corp’s business model is built around technology innovation and holds over 85 patents with many issued patents in the area of GPS tracking. The company has international distributors servicing customers in over 35 countries and is a US Military Government contractor. Other customers include public health authorities and municipalities, emergency and law enforcement, NGO’s, private companies, public and private senior care homes, and consumers.

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

 

Social media – #withyou   #smartsole   #connectedandprotected   #trackwhatyoulove

GTX Blog http://gpsinsole.com/

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/

 

 

 

 

 

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 on the SEC Website). 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 on Capitol Hill advocating for Kevin and Avonte’s Law and seeking new UN Market Opportunities

GTX Corp First Quarter 2018 Summary

1Q PR2 GTX Corp First Quarter 2018 Summary

Revenues increased 76%, Subscribers increased 79%, G&A decreased 17%

LOS ANGELES, CA – May 16, 2018 – GTX Corp. (OTCQB: GTXO), an IoT platform and leading provider of personal location GPS wearable technology and wandering assistive technology, announced financial summary for the first quarter ended March 31, 2018.

First Quarter Financial Highlights

  • Overall revenue increase 76% over 2017 comparable period.
  • Product revenue increase 181% over 2017 comparable period.
  • Deferred revenue increase 130% over 2017comparable period
  • Total Subscribers increase 79% over 2017 comparable period.
  • Domestic Subscribers increase 41% over 2017comparable period
  • Net Profit increase 143% over 2017 comparable period.
  • Gross margins increase 30% over 2017 comparable period.
  • Net loss decrease 44% over 2017 comparable period
  • Loss from Operations decrease 46% over 2017 comparable period
  • Professional services decrease 27%
  • G&A decrease 17%
  • Total operating expenses decrease 7%

First Quarter Highlights

  • Completed shipment to Edwards Air Force Base
  • Expanded collaboration agreement with Veristride
  • Showcased new Bio metric insoles at CES and SB52
  • Successfully tested new kids SmartSoles
  • Placed first production order of new kids SmartSoles (expected delivery Q2)
  • Issued patent (9,910,862)
  • GPS SmartSoles featured on the Kardashians
  • GPS SmartSoles became available for sale on Amazon
  • GPS SmartSoles won another award in the UK

Management commentary: Patrick Bertagna, GTX Corp CEO.

As highlighted above, we had an overall good quarter, with double digit increases or decreases in all the major metrics – revenues were up, subscribers were up, margins and profits were up, while decreasing our cost of operations, professional services, G&A and net losses. We successfully completed the delivery of our first large scale military contract and have subsequently submitted another proposal to Edwards which we are waiting for budget confirmation on a second contract. We have also begun conversations and submitted proposals to other military bases both in the US and internationally. It takes time to develop military channels but we have put a lot of work into this business unit and will continue to pursue and expand these opportunities.

As stated in our recent 10K filing, we received prototypes of The SmartSole lite, which are being developed for kids, lower disposable income markets and more of general population use. In February we placed our first production order and expect delivery in Q2 2018. We have already received several preorders and expect to receive more orders over the following weeks and will begin shipping end of Q2 early Q3.

The Company also expanded its collaboration agreement with Veristride, Inc., a company that specializes in technology to analyze gait movement using custom sensors at the foot and biomechanical analytics to provide feedback on how people walk, run and move. Under phase 2 of the agreement GTX has completed the R&D and will begin piloting the new biometric insoles, named BioStride, in Q2. The business value of analyzing gait is significant in fall risk detection and prevention. 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 expect to begin pilot programs in Q2 and go into production by Q3.

  • 8 million Seniors are treated in emergency rooms for fall injuries every year in the U.S.
  • Over 800,000 patients a year are hospitalized because of a fall injury
  • Adjusted for inflation, the annual medical costs for fall injuries are $31 billion.

We believe fall prevention is a big opportunity based on the stats above and is not limited to the U.S., seniors across the globe face the possibility of a life altering fall, and the patented BioStride is the first wearable solution designed for affordability, accuracy, ease of use, and is non disruptive to life style.

On the IP front, the Company was issued another patent (9,910,862) which is internally called ‘the middle box’. This additional patent is a strong addition to the GTX IP portfolio because it applies to server side processes connecting all 3 aspects of the Company’s business – device, communication and backend server. This new server side patent has 68 claims, adding to our portfolio’s existing 1,000 plus patent claims and open continuation which broadens the influence of the existing GTX IP portfolio. As a pioneer in the wearable tech industry and watching many of the tech giants such as Apple, Samsung, Google and Microsoft strategically navigate their IP, GTX believes in its continued IP investment. Additionally, we continue to solicit licensing agreements and litigation in the GPS industry. This is a slow and methodical process, however the GTX portfolio keeps on getting larger and stronger through its ongoing continuation filings and we expect to start seeing some monetization results in 2018.

During Q1 2018, the company also received a significant amount of publicity as its flagship product was featured on the Kardashians, won another award in the UK and became available for sale on Amazon. The Company also attended CES and was a Silver Sponsor of SB52 (Super Bowl LII) All of this has created an increase in consumer sales and product awareness.

Lastly worth noting is the expansion of our product line and revenue streams. Even though we are very much known for our flagship GPS SmartSoles, this past quarter highlighted how our revenues are spread out beyond the SmartSoles and its subscribers. We now derive revenues from the military, IP licensing and soon from our BioStride line and other products we have in development, including Invisabelt and our weapons tracker. As always we want to thank all our stakeholders which continue to support us on our journey.

GTX Corp is a For-Profit with Purpose Company which owns and licenses more than 85 patents, is a U.S. military contractor, manufactures many of its products in the USA and has multiple consumer products in the market place, all available on its online store, Amazon and authorized resellers and distributors across the globe.

Track what you love video

 

Autism Awareness Month

Consumer Purchase of GPS SmartSoles

About GTX Corp

GTX Corp (GTXO) is a pioneer in smart, mobile and wearable GPS tracking and recovery location based products, supported through a proprietary IoT enterprise monitoring platform. GTX offers a global end-to-end solution of hardware, software and connectivity. GTX Corp 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, RF and BLE technology enabling subscribers to track in real time the whereabouts of people or high value assets through a complete end to end – customizable transceiver module, wireless connectivity gateway, smart phone Apps, middleware, and IoT portal.  Headquartered in Los Angeles, California, GTX is known for its award-winning patented GPS SmartSole® – Think Dr. Scholl’s meets LoJack, the world’s first invisible wearable technology tracking device created for those at risk of wandering due to Alzheimer’s, dementia, autism and traumatic brain injury. GTX Corp’s business model is built around technology innovation and holds over 85 patents with many issued patents in the area of GPS tracking. The company has international distributors servicing customers in over 35 countries and is a US Military Government contractor. Other customers include public health authorities and municipalities, emergency and police authorities, private companies, public and private senior care homes, and consumers.

GTX Corp is an equal opportunity employer with a history of employing a diverse workforce and US veterans; makes many of its products in the USA, is a member of the United Nations Global Compact and Trust 2 Protect partnership. 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. GTX puts the “Where” in Wearable Tech.

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

 

Social media – #withyou   #smartsole   #connectedandprotected   #trackwhatyoulove

GTX Blog http://gpsinsole.com/

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/

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 on the SEC Website). 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 First Quarter 2018 Summary

GTX CORP JOINS FORCES WITH NATIONAL POLICE ATHLETICS LEAGUE TO LAUNCH NEW CHILDREN SIZE SMARTSOLES

Npal2 GTX CORP JOINS FORCES WITH NATIONAL POLICE ATHLETICS LEAGUE TO LAUNCH NEW CHILDREN SIZE SMARTSOLES

Los Angeles, CA May 10, 2018 – GTX Corp (OTCBB: GTXO)an Internet of Things (IoT) solutions provider in the personal location, wearable and wandering assistive technology business, is proud to announce the formation and launch of a new partnership with the National Police Athletics League (NPAL). This partnership is fostered with the intent to assist NPAL in saving the lives of young boys and girls nationwide who struggle with autism. 1 in 45 children, ages 3 through 17, have been diagnosed with autism spectrum disorder (ASD). With such an epidemic upon us, GTX Corp is committed to joining the fight to help families and SAVE LIVES, with its patented and innovative wearable technology. GTX Corp is launching its new size “Small” GPS SmartSole®, Think Dr. Scholl’s meets LoJack, the world’s first invisible wearable GPS tracking device created for those at risk of wandering due to autism, Alzheimer’s, dementia and traumatic brain injury. The families of these children are welcoming such technology with open arms calling it a lifeline of safety and hope to some peace of mind.

As NPAL continues to serve the nation as the premier leader in engaging kids, cops and community, such a public / private partnership is one that not only promotes the ingenuity of corporations playing a vested role in community, but it allows NPAL to propel its mission of “Working to Change Headlines”.

Recently, National PAL kicked off its 74th Annual Conference in Miami, FL where GTX Corp CEO, Patrick Bertagna was introduced to 300+ National PAL chapters by NPAL President Emeritus Christopher Hill. “We love and respect our law enforcement and feel so honored to be working with a major organization like NPAL, dedicated to the well being of millions of families. Their support means so much to us as we work together to provide solutions for the safety concerns of families with needs that also help law enforcement save time and resources.” said Bertagna. He went on to impress upon NPAL Conference attendees the past precedence, and increasing importance of utilizing GPS wearable technology as it enhances the overall safety and peace of mind for families affected by autism and how it benefits law enforcement which is so often called out to search for the missing. 

“There’s no doubt in my mind that such a methodically integrated partnership as the one between GTX Corp and National PAL is going to save the lives of thousands of children. Furthermore, this cutting-edge technology will singlehandedly save taxpayers hundreds of thousands of dollars a year, reducing manpower from having to be deployed in various police agencies due to a missing child. Society MUST endorse and support this partnership as it serves as a catalyst to child safety reform.” Ambassador Jack Brewer – Spokesperson, National Police Athletics League  

While hopeful a cure for autism or Alzheimer’s may be available within a generation, the escalating costs of servicing those afflicted today could surely bring down the remnants of our health care system before the pharmaceuticals can perform their miracle. However, there is something we can do today. PAL and GTX Corp aim to take away the chilling words that we have all heard too often lately, “PERSON FOUND MISSING” and quickly convert them to the joyous “MISSING PERSON FOUND.”

GTX Corp is a For-Profit with Purpose Company which owns and licenses more than 85 patents, is a U.S. military contractor, manufactures many of its products in the USA and has multiple consumer products in the market place, all available on its online store, Amazon and authorized resellers and distributors across the globe.

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Autism Awareness Month

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About GTX Corp

GTX Corp (GTXO) is a pioneer in smart, mobile and wearable GPS tracking and recovery location based products, supported through a proprietary IoT enterprise monitoring platform. GTX offers a global end-to-end solution of hardware, software and connectivity. GTX Corp 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, RF and BLE technology enabling subscribers to track in real time the whereabouts of people or high value assets through a complete end to end – customizable transceiver module, wireless connectivity gateway, smart phone Apps, middleware, and IoT portal.  Headquartered in Los Angeles, California, GTX is known for its award-winning patented GPS SmartSole® – Think Dr. Scholl’s meets LoJack, the world’s first invisible wearable technology tracking device created for those at risk of wandering due to Alzheimer’s, dementia, autism and traumatic brain injury. GTX Corp’s business model is built around technology innovation and holds over 85 patents with many issued patents in the area of GPS tracking. The company has international distributors servicing customers in over 35 countries and is a US Military Government contractor. Other customers include public health authorities and municipalities, emergency and police authorities, private companies, public and private senior care homes, and consumers.

GTX Corp is an equal opportunity employer with a history of employing a diverse workforce and US veterans; makes many of its products in the USA, is a member of the United Nations Global Compact and Trust 2 Protect partnership. 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. GTX puts the “Where” in Wearable Tech.

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

 

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

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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 on the SEC Website). 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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