GTX Corp Expands Distribution in Mexico


C&R Care Solutions added to the

GPS SmartSole Growing list of International Distributors

 

LOS ANGELES, CALIFORNIA –September 14, 2016 – GTX Corp (OTCBB: GTXO), an IoT platform in the personal location GPS wearable and wandering assistive technology business, announced the commercial launch of the GPS SmartSole with C&R Care Solutions a privately owned company headquartered in Mexico City which sells and supports GPS based tracking solutions throughout the country of Mexico.

“Mexico is an important, sizable and strategic market for GTX. As a neighboring country with a total population of over 122 million and a growing middle class representing 47% of total households, it not only represents a market size close to 40% of the U.S. but also a strategic entre into Latin America, stated Andrew Duncan director of business development for GTX Corp. We are pleased to add C&R to our growing list of international partners and look forward to meeting with Claudio this week in our office to discuss our product rollout and strategic initiatives for the rest of the year.”

With an estimated 1 million Americans currently living in Mexico, the country is also seeing a growing number of U.S. retirees, attracted by better weather, similar to Florida, Arizona and California, which benefit from a more relaxed lifestyle, affordable quality health care and an overall much lower cost of housing and living.

Claudio Quinzanos, C&R Care Solutions CEO stated “We are excited to be offering the GPS SmartSole as well as other smart and useful GPS solutions from GTX Corp, to caregivers in the senior assistance market for those suffering from Alzheimer’s and dementia, as well as the security market to help prevent criminal acts such as kidnappings. We are convinced that this discreet, accurate, wearable tracking technology is the best solution to fulfill our customer’s needs and makes for a better and safer society in Mexico and all over the world.”

GTX Corp’s patented GPS SmartSoles are the world’s first wearable yet invisible technology that are placed in the wearer’s shoes and contain a GPS tracking chip connected through a global cellular network that sends a signal to a central monitoring website or app showing the exact location of the individual wearing the SmartSoles. They come in several trim to fit sizes for both men and women, are made with the highest quality electronic components and assembled in Rhode Island, U.S.A.  

The simplicity behind the SmartSole Platform is that when someone wanders off, becomes lost or abducted, a text or email alert is sent to a caregiver’s phone and computer with a direct link to a Google map plotting the wanderer’s location.  Alerts can be directed to a local authority and/or a private Call Centre to provide continuous monitoring and support.

GPS SmartSole consumer order information and 6 months interest free financing.

About GTX Corp

GTX Corp (GTXO) is a pioneer in Smart, Mobile and Wearable GPS, cellular and BLE tracking and recovery technology. Headquartered in Los Angeles, California, with distributors in over 14 countries, GTX is known for its game-changing and award-winning patented GPS Smart Shoe, blockbuster Smartphone GPS Tracking App, and innovative GPS and BLE SmartSole. GTX provides solutions that answer the where question: where is my mother, child, employee, vehicle, drone and high value assets. Through a proprietary global enterprise IoT monitoring platform and licensing subscription business model, the Company offers a complete end to end solution of hardware, middleware, apps, connectivity and professional services. Letting you know where or how someone or something is at the touch of a button, delivering security and peace of mind in an instant. GTX Corp also owns and operates LOCiMOBILE, Inc which develops applications for smart phones and tablets and Code Amber Alertag. The Company has a comprehensive intellectual property strategy and owns an extensive portfolio of patents, patents pending, registered trademarks, copy rights and URL’s.

The patented GTX Corp wearable technology products and tracking devices, enable wearers to be monitored remotely, thereby helping to ensure their safety in case they wander or become lost due to cognitive disorders such as Alzheimer’s, dementia, autism and TBI. For more information on the Company’s flagship product the GPS SmartSole visit us:

Online: www.gtxcorp.com www.gpssmartsole.com

Social media #withyou #smartsole

www.facebook.com/gtxcorpcom

www.twitter.com/gtxcorp

www.pinterest.com/gtxcorp

www.instagram.com/gtxcorp

www.linkedin.com/in/gtxcorp

 

General information, licensing or investor relations email:

info@gtxcorp.com

ir@gtxcorp.com

213.489.3019

 

GTX Corp United Kingdom

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.

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share medium GTX Corp Expands Distribution in Mexico

GTX Corp Reports Second Quarter 2016 Financial Results

Increased Revenues, Margins, Subscribers, Channel Partners and new IP Revenue Stream

LOS ANGELES, CA – August  16, 2016 – GTX Corp. (OTCQB: GTXO), an IoT platform and leading provider of personal location GPS wearable technology and wandering assistive technology, announced financial results for the second quarter ended June 30, 2016.

Second Quarter Highlights

  • Revenue increased 36% over 2015 comparable period
  • Subscriber revenue increased 133% over 2015 comparable period
  • Gross profit margin increased from 27% to 45% over 2015 comparable period
  • Operating expenses decreased 17% over 2015 comparable period
  • Net operating losses decreased 34% over 2015 comparable period
  • Active units in the field and subscribers in over 35 countries
  • Vendor number for reimbursement in six states
  • Shipped next version 1.25 GPS SmartSole
  • Began monetizing our Comm Protocol “286” family patents
  • Received our first military test order
  • Signed research collaboration agreement with George Mason University
  • Named 25 most empowering IoT companies in 2016

Q2 Initiatives included adding new customers and subscribers – creating a new revenue stream by monetizing intellectual property assets – increasing overall margins through cost reductions and better operational efficiency.

Two new master distributors were added, one in the U.S. and the other in the UK, both of which have dozens of salespeople and resellers operating under their management. This is important to note because it will allow GTX to scale distribution in certain vertical markets or territories without adding significant overhead and operation costs.

The Company also received its first military test order for a new non-cellular, encrypted GPS technology.  The proposed solution is a battery powered, broadcast only GPS tracker using RF technology (900MHz ISM bandwidth), with a nine mile line of site (LOS) range. Both the hardware and software of this new product will be designed and manufactured in house by GTX. Prototypes are expected to be completed and shipped by next month and if the test order is successful, this product has the potential to open up new opportunities within the government sector or commercial installations that have poor or no cell coverage. In addition the Company received several new vendor numbers for GPS SmartSole medical assisted reimbursement and is now operational with these codes in six states: Wisconsin, Ohio, New York, California, Illinois and Maine.

On the production front 500 units of version 1.25 GPS modules were prepped for manufacturing into SmartSoles, making this the second production run with several enhancements and an embedded Telefonica SIM card. This version allows GTX Corp to ship SmartSoles internationally and activate the SIM card remotely from its cloud based platform. This is a significant advancement because the Company no longer needs to custom make SmartSoles for international distributors with their own SIM cards, instead international customers can order right out of inventory.

The benefits include reduced manufacturing costs, improve delivery timelines and enable GTX to bill for international data charges increasing RPS (revenue per subscriber) which is continuing to trend up with subscriber revenue up 133% adding to an overall gross margin increase from 27% to 45%.

During Q2 2016 the Company also signed a definitive licensing agreement with Inventergy Innovations, LLC, a subsidiary of Inventergy Global, Inc. (NASDAQ: INVT). Inventergy is spearheading a monetization campaign for three of GTX’s “286” family of patents and will negotiate either a license for use or a sale of the patents to potential infringers that operate in the mobile tracking and monitoring industry. These three GTX patents are not limited to any particular form factor and are applicable to any generic mobile tracking device utilizing this technology which is embedded in millions of wearable and mobile devices and deployed across numerous industries.

The mobile health and wellness market which GTX pioneered is on the cusp of a significant stride forward. Thanks to modern wearable technologies that provide the means to collect and manage health and wellness data in a more convenient and automated fashion, wearables have emerged for fitness tracking, medical condition management, wellness monitoring, and personal safety assistance, among other use cases. This represents a sizable addressable market and creates multiple licensing opportunities with a potential value for the GTX Comm Protocol “286” patents that far extend beyond the other core GTX footwear patents and into areas such as:

  • GPS watches
  • Fitness wearables that track location
  • Hand-held GPS devices
  • Tracking apps on Smartphones
  • Standalone GPS tracking devices
  • Location based platforms in general

Patrick Bertagna, GTX Corp CEO, stated, “As an emerging technology company, we are always pushing for better, and by most metrics Q2 improved with trends showing more revenues, new revenues, higher margins, lower expenses and lower losses. As we move forward into the second half of 2016 we expect these trends to hold but we are also cognisant of our ebb and flow, as we saw in Q1 while we were transitioning to our next version 1.25 SmartSole, implementing a new connectivity platform and crafting our IP monetization strategy. Lack of sufficient capital for inventory, human resources and infrastructure has been a challenge since our launch last year. It has limited our ability to order appropriate inventory thereby limiting our ability to grow as quickly as we would like. It has also limited our ability to hire additional personnel to support growth. We believe that our increased margins and revenues, along with the new monetization IP campaign, will begin to ease our capital shortage problem.”

Bertagna continued, “Having said that, we remain focused on building brand and product awareness on a global scale, growing our channels of distribution and increasing sales, subscription revenues and margins in all our product categories. Looking ahead in 2016, we will work closely with our distributors and new partner Inventergy to explore new revenue opportunities, work with our vendors to scale our manufacturing processes in order to lower costs, reach out to broader market segments such as adults with autism, the security and military market, work with police departments, insurance providers, non-profits, University’s and continue applying for additional medical reimbursement codes. All of this with one goal in mind – to increase our revenues, global subscriber base and build a best in class IoT platform for the millions of people all over the world who need a simple, affordable and effective tracking and monitoring solution.”

About GTX Corp

GTX Corp (GTXO) is a pioneer in IoT wearable technology and a thought leader in enterprise 2 way GPS real-time personal location based services. Founded in 2002, headquartered in Los Angeles, California, with distributors in over 14 countries. The Company is known for its innovative, game-changing and award-winning GPS SmartSole and its blockbuster Smartphone GPS Tracking App. GTX provides solutions that answer the where question: where is my mother, child, employee, vehicle, drone and high value assets.

Through a robust global enterprise monitoring platform and licensing subscription business model, the Company offers a complete end to end solution of location based hardware, middleware, apps, global cell connectivity and professional services. Letting you know where or how someone or something is at the touch of a button, delivering security and peace of mind in an instant. GTX Corp also owns and operates LOCiMOBILE, Inc which develops applications for smart phones and tablets and Code Amber Alertag. The Company has a comprehensive intellectual property strategy and owns an extensive portfolio of patents, patents pending, registered trademarks, copy rights and URL’s and was recently featured in a 38 page research piece which outlines the value proposition of the Company’s IP portfolio.

Online: www.gtxcorp.com  www.gpssmartsole.com

Consumer Purchase of GPS SmartSoles

Social media – #withyou

https://www.facebook.com/gtxcorpcom

http://www.twitter.com/gtxcorp

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

http://instagram.com/gtxcorp

General information, licensing or investor relations:

213.489.3019

info@gtxcorp.com

http://www.gtxcorp.com/about/licenseinquiry

ir@gtxcorp.com

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 Reports Second Quarter 2016 Financial Results

GTX Corp CEO – Patrick Bertagna on July 4th Participated in the Telefonica IoT Kitchen Talk Summit via video conferencing.

Mr. Bertagna discussed wearables and implants along with the impact of a hyper connected society and the impact and what the future holds for wearables and beyond to technology implanted inside the human body. The final statement from the moderator “we are all cyborgs, we just don’t know it yet”

GTX Screen GTX Corp CEO – Patrick Bertagna on July 4th Participated in the Telefonica IoT Kitchen Talk Summit via video conferencing.
Patrick laptopscreen1 GTX Corp CEO – Patrick Bertagna on July 4th Participated in the Telefonica IoT Kitchen Talk Summit via video conferencing.
Patrick laptopscreen2 GTX Corp CEO – Patrick Bertagna on July 4th Participated in the Telefonica IoT Kitchen Talk Summit via video conferencing.
IOT KitchenTalkSign GTX Corp CEO – Patrick Bertagna on July 4th Participated in the Telefonica IoT Kitchen Talk Summit via video conferencing.

Photo Credit to: Henrik Andree
share medium GTX Corp CEO – Patrick Bertagna on July 4th Participated in the Telefonica IoT Kitchen Talk Summit via video conferencing.

GTX Corp and RACO Industries Sign Distribution Agreement to Sell SmartSoles

LOS ANGELES, CALIFORNIA –July 13, 2016 – GTX Corp (OTCBB: GTXO), an IoT platform in the personal location GPS wearable and wandering assistive technology business announced the signing of a distribution agreement with , a GPS application solutions integrator headquartered in Cincinnati Ohio. The agreement grants RACO exclusive distribution rights to the Location Based Services industry in the United States for the GPS SmartSoles and other GTX Corp products. In order to maintain exclusivity, RACO is committing to purchasing a minimum of 15,000 units over the next 3 years.

Established in 1988, RACO is a privately held company founded by Rob Adams who was also the founder of RacoWireless. “The GPS SmartSole technology is a natural extension of our existing GPS tracking business. We are excited to partner with GTX Corp to provide assistance to those who suffer from cognitive disorders,” says Rob Adams, CEO of RACO Industries.

“As we continue to expand our channels of distribution we are excited to bring on a new partner in the U.S. that has a deep understanding of systems integration and the overall GPS/Wireless industry, stated Patrick Bertagna GTX Corp CEO.

GTX Corp’s patented GPS SmartSoles®, which were featured in AARP’s 2015 technology gear guide are a stigma free, safety and security unobtrusive monitoring and tracking solution for those afflicted from Alzheimer’s, dementia, autism, TBI and other memory disorders and have a tendency to wander. They are placed in the wearer’s shoes and contain a miniaturized GPS tracking chip connected through a cellular network that sends a signal to a monitoring portal or app, showing the exact location of the individual wearing the SmartSoles. They come 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.

The simplicity behind the SmartSole Platform is that when someone wanders off or becomes lost, a text or email alert is sent to a caregiver’s phone and computer with a direct link to a Google map plotting the wanderer’s location.  Alerts can be directed to a local authority and/or a private Call Centre to provide continuous monitoring and support.

Currently Alzheimer’s and dementia impacts over 6 million people in the U.S. with predictions of 16 million by the year 2050. Alzheimer’s is such a demanding condition, that it often impairs the health of those caring for the victims. Nearly 10 million caregivers, mostly family members, spend $148 billion dollars year for the care of their loved ones.

About RACO Industries, LLC

RACO Industries, LLC is an industry-leading integrator of mobile data collection solutions, ID card printing systems, mobile content deployment, wireless data and professional services.  RACO’s business solutions encompass most barcoding, card, and GPS application to enhance productivity and services of the mobile workforce. RACO Industries provides clients with real-time visibility to their mobile information at the point of service. Their customer base of logistics, transportation, manufacturing and service organizations rely on RACO to improve efficiencies and reduce costs.

About GTX Corp

GTX Corp (GTXO) is a pioneer in Smart, Mobile and Wearable GPS, cellular and BLE tracking and recovery technology. Headquartered in Los Angeles, California, with distributors in over 14 countries, GTX is known for its game-changing and award-winning patented GPS Smart Shoe, blockbuster Smartphone GPS Tracking App, and innovative GPS and BLE SmartSole. GTX provides solutions that answer the where question: where is my mother, child, employee, vehicle, drone and high value assets. Through a proprietary global enterprise IoT monitoring platform and licensing subscription business model, the Company offers a complete end to end solution of hardware, middleware, apps, connectivity and professional services. Letting you know where or how someone or something is at the touch of a button, delivering security and peace of mind in an instant. GTX Corp also owns and operates LOCiMOBILE, Inc which develops applications for smart phones and tablets and Code Amber Alertag. The Company has a comprehensive intellectual property strategy and owns an extensive portfolio of patents, patents pending, registered trademarks, copy rights and URL’s and was featured in a 38 page research piece which outlines the value proposition of the Company’s IP portfolio and more recently in the SeeThruEquity research report.

The patented GTX Corp wearable technology products and tracking devices, enable wearers to be monitored remotely, thereby helping to ensure their safety in case they wander or become lost due to cognitive disorders such as Alzheimer’s, dementia, autism and TBI. For more information on the Company’s flagship product the GPS SmartSole visit us:

Online: www.gtxcorp.com www.gpssmartsole.com

Social media #withyou #smartsole

www.facebook.com/gtxcorpcom

www.twitter.com/gtxcorp

www.pinterest.com/gtxcorp

www.instagram.com/gtxcorp

www.linkedin.com/in/gtxcorp

General information, licensing or investor relations email:

info@gtxcorp.com

ir@gtxcorp.com

213.489.3019

 

GTX Corp United Kingdom

In the UK, GTX Corp operates from offices in London and its Dublin-based European distribution center.  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 and RACO Industries Sign Distribution Agreement to Sell SmartSoles

GTX Corp Signs Definitive Patent Agreement with Inventergy and Receives First Payment

Los Angeles, Calif. – July 6, 2016– GTX Corp (OTCBB: GTXO), an IoT platform in the personal location wearable and wandering assistive technology business, announced today signing a definitive agreement with Inventergy Innovations, LLC  (“Inventergy”), a subsidiary of Inventergy Global, Inc. (NASDAQ: INVT) a Silicon Valley-based intellectual property company, led by IP industry veteran and former Hewlett-Packard  executive, Joe Beyers, to spearhead their monetization efforts for its personal wireless location-based services IP assets. Both companies previously announced their letter of intent on May 10, 2016 and as part of the final agreement, Inventergy will have exclusive rights to license or sell three GTX patents – US 8,154,401, US 8,760,286, and US 9,219,978, commonly referred to as the “Comm. Protocol” or “286” Family. In exchange for the exclusive rights to sell or license these 3 patents, Inventergy will pay GTX Corp an advance against future income, in cash and INVT stock with a first payment on June 30th and then scheduled payments throughout the rest of 2016 and 2017.

Patrick Bertagna, GTX Corp Chairman and CEO stated, “We have been filing patents for over a decade including these Comm Protocols which were filed back in 2007 and 2008 before Apple and Samsung began selling GPS enabled Smartphones. This is a major turning point and significant milestone for GTX Corp. It validates our IP strategy and our ability to quickly execute on a monetization path to fuel our growth by leveraging our largest asset. We expect this IP deal to be the first of more to come in the future as we start exploring other monetization strategies with some of the other patents in our portfolio. The Inventergy team has been exceptional to work with and we look forward to a long lasting and prosperous relationship with them.”


Joe Beyers, CEO of Inventergy said, “GTX patents are applicable to remotely configurable tracking and location devices including smartphones and other GPS based products that are in use today and collectively represents a very sizable addressable market. We believe this partnership will allow us to build a successful monetization program around these assets.”

The agreement will still allow GTX to fully utilize these patents in its core business while providing Inventergy the ability to go license or sell the 3 patents and do a 45%/55% revenue share on all future income after the initial advance.

About Inventergy Global, Inc.

Inventergy Global, Inc. (“Inventergy”) is a Silicon Valley-based intellectual property company dedicated to identifying, acquiring and licensing patented technologies of market-significant technology leaders. Led by IP industry pioneer and veteran Joe Beyers, the Company leverages decades of corporate experience, market and technology expertise, and industry connections to assist Fortune 500 companies in leveraging the value of their innovations to achieve greater returns. For more information about Inventergy, visit www.inventergy.com.

Contact:

Robert Haag

IRTH Communications

INVT@irthcommunications.com

866-976-4784

About GTX Corp

GTX Corp (GTXO) is a pioneer in Smart, Mobile and Wearable GPS, cellular and BLE tracking and recovery technology. Headquartered in Los Angeles, California, with distributors in over 14 countries, GTX is known for its game-changing and award-winning patented GPS Smart Shoe, blockbuster Smartphone GPS Tracking App, and innovative GPS and BLE SmartSole. GTX provides solutions that answer the where question: where is my mother, child, employee, vehicle, drone and high value assets. Through a proprietary global enterprise IoT monitoring platform and licensing subscription business model, the Company offers a complete end to end solution of hardware, middleware, apps, connectivity and professional services. Letting you know where or how someone or something is at the touch of a button, delivering security and peace of mind in an instant. GTX Corp also owns and operates LOCiMOBILE, Inc which develops applications for smart phones and tablets and Code Amber Alertag. The Company has a comprehensive intellectual property strategy and owns an extensive portfolio of patents, patents pending, registered trademarks, copy rights and URL’s and was featured in a 38 page research piece which outlines the value proposition of the Company’s IP portfolio and more recently in the SeeThruEquity research report.

The patented GTX Corp wearable technology products and tracking devices, enable wearers to be monitored remotely, thereby helping to ensure their safety in case they wander or become lost due to cognitive disorders such as Alzheimer’s, dementia, autism and TBI. For more information on the Company’s flagship product the GPS SmartSole visit us:

Online: www.gtxcorp.com www.gpssmartsole.com

Social media #withyou #smartsole

www.facebook.com/gtxcorpcom

www.twitter.com/gtxcorp

www.pinterest.com/gtxcorp

www.instagram.com/gtxcorp

www.linkedin.com/in/gtxcorp


General information, licensing or investor relations email:

info@gtxcorp.com

ir@gtxcorp.com

213.489.3019

GTX Corp United Kingdom

In the UK, GTX Corp operates from offices in London and its Dublin-based European distribution center.  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 Signs Definitive Patent Agreement with Inventergy and Receives First Payment

GTX Corp Signs Research Collaboration Agreement with George Mason University’s College of Health and Human Services

GTX Corp Makes the list of 25 Most Empowering IoT Companies in 2016

Los Angeles, Calif. – June 29, 2016– GTX Corp (OTCBB: GTXO), an IoT platform in the personal location wearable and wandering assistive technology business, announced today the signing of a collaboration agreement with George Mason University’s College of Health and Human Services. In collaboration with investigators from the Milken Institute School of Public Health at the George Washington University, who have expertise in the economics of disease management and mobile health technologies, the University will utilize GTX technology and data in order to study wandering habits in elderly people with Alzheimer’s and dementia. The initial project will begin in early fall 2016 and is expected to last 1 year, and if successful, will be followed up with a large scale project planned for another 2-3 years.

The goal of the project is to investigate the possibility of using GPS data collected by GTX’s SmartSole for predicting wandering patterns of elderly people with Alzheimer’s and dementia. If successful, the project will result in a set of models capable of predicting a general area or direction in which a given patient is most likely to go when becoming disoriented and/or wandering. The project will be an objective methodical study and is intended to be published in a peer-reviewed journal. The created preliminary models will be made available to GTX Corp, which will consider deploying the prediction algorithms into their backend monitoring platform, adding another layer of technology and overall value to the platform and monitoring services provided by GTX Corp.

“GTX’s SmartSole technology opens up the possibility of analyzing data that previously did not exist and creates new avenues to research wandering behaviors in people with Alzheimer’s and dementia,” said Janusz Wojtusiak, PhD, associate professor of health informatics at Mason. “GTX’s technology combined with Mason’s advanced data analytic methods could lead to breakthroughs in the field.”

GTX Corp – keeping you connected to who matters most, was also featured in Enterprise Magazine as one of 25 most empowering IoT companies of 2016.

About George Mason University’s College of Health and Human Services

The College of Health and Human Services at George Mason University prepares students to become future leaders in health care, public health, and social services with the skills necessary to solve the challenges of a rapidly changing and culturally diverse health environment. By combining research with community engagement efforts, students receive a rigorous and relevant education, while simultaneously making a valuable contribution to the region’s health care workforce. Whether it’s global and community health, health administration and policy, nursing, nutrition and food science studies, rehabilitation science, or social work, students are active participants in improving and promoting health, both locally and globally. Visit us at chhs.gmu.edu.

About GTX Corp

GTX Corp (GTXO) is a pioneer in Smart, Mobile and Wearable GPS, cellular and BLE tracking and recovery technology. Headquartered in Los Angeles, California, with distributors in over 14 countries, GTX is known for its game-changing and award-winning patented GPS Smart Shoe, blockbuster Smartphone GPS Tracking App, and innovative GPS and BLE SmartSole. GTX provides solutions that answer the where question: where is my mother, child, employee, vehicle, drone and high value assets. Through a proprietary global enterprise IoT monitoring platform and licensing subscription business model, the Company offers a complete end to end solution of hardware, middleware, apps, connectivity and professional services. Letting you know where or how someone or something is at the touch of a button, delivering security and peace of mind in an instant. GTX Corp also owns and operates LOCiMOBILE, Inc which develops applications for smart phones and tablets and Code Amber Alertag. The Company has a comprehensive intellectual property strategy and owns an extensive portfolio of patents, patents pending, registered trademarks, copy rights and URL’s and was featured in a 38 page research piece which outlines the value proposition of the Company’s IP portfolio and more recently in the SeeThruEquity research report.

The patented GTX Corp wearable technology products and tracking devices, enable wearers to be monitored remotely, thereby helping to ensure their safety in case they wander or become lost due to cognitive disorders such as Alzheimer’s, dementia, autism and TBI. For more information on the Company’s flagship product the GPS SmartSole visit us:

Online: www.gtxcorp.com www.gpssmartsole.com

Social media #withyou #smartsole

www.facebook.com/gtxcorpcom

www.twitter.com/gtxcorp

www.pinterest.com/gtxcorp

www.instagram.com/gtxcorp

www.linkedin.com/in/gtxcorp

General information, licensing or investor relations email:

info@gtxcorp.com

ir@gtxcorp.com

213.489.3019

GTX Corp United Kingdom

In the UK, GTX Corp operates from offices in London and its Dublin-based European distribution center.  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.

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share medium GTX Corp Signs Research Collaboration Agreement with George Mason University’s College of Health and Human Services

GTX Corp Featured in the 1IT Enterprise Magazine 2016 Special edition of the 25 most Empowering IoT Companies

GTX Corp – Keeping you connected to who matters most…

DSC00508 300x150 GTX Corp Featured in the 1IT Enterprise Magazine 2016 Special edition of the 25 most Empowering IoT Companies
Patrick Bertagna, CEO
IOT Technology Special GTX Corp Featured in the 1IT Enterprise Magazine 2016 Special edition of the 25 most Empowering IoT Companies
Click to Read the Magazine

GTX Corp (GTXO) is a pioneer in Smart, Mobile and Wearable GPS tracking and recovery location based services, 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 IoT 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 GPS SmartSoles are a wearable tracking and monitoring device that communicates the location of the wearer without user intervention. The GPS Smart Insole is a communication platform that can support location based services and bio-medical sensors; sending location and movement and in the near future will include vital signs and bio-metrics, such as heart rate, pulse, weight and temperature along with latitude, longitude, altitude, bearing and speed.

The simplicity behind the SmartSole Platform is that when someone wanders off or becomes lost, a geo-fence alert is sent to a phone and computer, with a direct link to a map plotting the wanderer’s location.

Innovative wearables that are user-friendly and unobtrusive offer efficient care, while reducing costs and stress. These wearable medical devices are “connected” devices, with features such as wireless data transmission, real-time feedback, alerting mechanism, and more. The miniaturization of wireless communication and sensor technology, combined with more power efficiency and greater computation capabilities, all of which GTX Corp has been at the forefront both in technical development and patent filings, has enabled the shift of clinical monitoring beyond facilities to personal at home care giving. Wearable medical devices will also become helpful to pharmaceutical companies for conducting efficient clinical trials to gather data remotely, and for insurers to provide outcome-based reimbursement.

The novel and award winning idea of putting GPS tracking devices inside shoes to monitor the elderly with dementia is rapidly expanding into a whole lot more. As we looking forward we will continue to leverage our footwear form factor and extensive intellectual property portfolio and add new sensors and technologies to our platform in order to deliver the best in class products and services in the IoT and wearable technology industry.

GTX Corp is in the business of keeping you connected to who matters most with award winning technologies that impact how you ask the “where is” question: where is my mother, child, husband or employee.

For GTX Corp general information, licensing or investor relations email:

info@gtxcorp.com

213.489.3019

ir@gtxcorp.com

 

Social media – #withyou _ #smartsole

www.facebook.com/gtxcorpcom

www.twitter.com/gtxcorp

www.pinterest.com/gtxcorp

www.instagram.com/gtxcorp

share medium GTX Corp Featured in the 1IT Enterprise Magazine 2016 Special edition of the 25 most Empowering IoT Companies

GTX Corp Signs Agreement with Possum Ltd Expanding Distribution of the SmartSole across UK and Ireland

LOS ANGELES, CALIFORNIA –June 8, 2016 – GTX Corp (OTCBB: GTXO), an IoT platform in the personal location GPS wearable and wandering assistive technology business, announced the commercial launch of the GPS SmartSole with Possum Ltd, a B2B Healthcare and Telehealth provider conducting business across the UK and Ireland.

Possum is an independent, privately owned British company which develops, manufactures, supplies, installs and supports Electronic Assistive Technology products and systems to the National Health Service and distributes and supports a wide range of products to the Telehealth and Technology Enabled Care and Support markets.  Established in 1961, Possum is a former holder of one of the most prestigious business awards in the UK, the Queen’s Award for Enterprise in the Innovation category.

Philip Robinson, Managing Director of Possum stated, “Deploying new innovative technologies such as the GPS SmartSoles, which can improve health outcomes, increase independence, reduce loneliness and isolation is what we are all about.  The GTX team has been wonderful to work with.  We signed our Agreement last week, issued a PO right away and they have already shipped us our first order.”

 Andrew Duncan, GTX Corp Director stated, “Possum is a major provider of Electronic Assistive Technology and Telehealth products in the UK.  Possum has strong relationships in the National Health Service and with local authorities. We are very excited to be working with them to develop this growing market.”

“In 2015, it was estimated that there were 850,000 people living with dementia in the UK. As a result of memory, physical and communication challenges, people with dementia may experience social isolation and loneliness. Going for a walk can sometimes be a challenge for them, which can lead to getting lost or disorientated even in familiar surroundings. These distressing experiences can result in reduced activity, increased social isolation and increased caregiver stress, so any form of technology that can support people to get out and move about more safely and confidently, such as the GPS SmartSoles is a significant quality of life improvement. We look forward to working with Possum as their mission and ours are in complete alignment – harness wearable technology to empower people,” said Nelson Skip Riddle, GTX UK Healthcare Adviser.

Possum will be exhibiting the GPS SmartSole this week at the Alzheimer’s Show in London, which is a two-day event for family caregivers and healthcare professionals who want to learn more about dementia and the available solutions in the market place.

GTX Corp’s patented GPS SmartSoles®, which were featured in AARP’s 2015 technology gear guide are a stigma free, safety and security unobtrusive monitoring and tracking solution for those who suffer from Alzheimer’s, dementia, autism, TBI and other memory disorders and have a tendency to wander. They are placed in the wearer’s shoes and contain a miniaturized GPS tracking chip connected through a cellular network that sends a signal to the GTX Corp monitoring portal or app, showing the exact location of the individual wearing the SmartSoles. They come 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.

The simplicity behind the SmartSole Platform is that when someone wanders off or becomes lost, a text or email alert is sent to a caregiver’s phone and computer, with a direct link to a map plotting the wanderer’s location.  Alerts can to local authority and private Call Centre’s to provide effective monitoring and support also be sent

About Possum:

Founded in Buckinghamshire in 1961, Possum is today a market leader in the provision, installation and support of many types of Electronic Assistive Technology.  These include Environmental Control Systems, Telecare, Telehealth and TECS (Technology Enabled Care and Support Services).  Possum develop and offer innovative and proprietary products and also source class leading new technology from third party suppliers to bring to the UK market.  With an internal research and development function, manufacturing facilities, a network of highly qualified service/installation engineers and a team of expert trainers, we offer unrivaled reassurance and support to our customers.  Possum has a strong established customer base in the National Health Service, Social Services and Local Authorities and also works with reseller partners to make this exciting technology more widely available.

Possum Limited contact details:

+44 (0)1296 461000

info@possum.co.uk

telecarenews@possum.co.uk

https://twitter.com/PossumLtd

https://www.facebook.com/Possum/

https://www.linkedin.com/company/possum-ltd-

www.possum.co.uk

 

 

About GTX Corp

GTX Corp (GTXO) is a pioneer in Smart, Mobile and Wearable GPS, cellular and BLE tracking and recovery technology. Headquartered in Los Angeles, California, with distributors in over 14 countries, GTX is known for its game-changing and award-winning patented GPS Smart Shoe, blockbuster Smartphone GPS Tracking App, and innovative GPS and BLE SmartSole. GTX provides solutions that answer the where question: where is my mother, child, employee, vehicle, drone and high value assets. Through a proprietary global enterprise IoT monitoring platform and licensing subscription business model, the Company offers a complete end to end solution of hardware, middleware, apps, connectivity and professional services. Letting you know where or how someone or something is at the touch of a button, delivering security and peace of mind in an instant. GTX Corp also owns and operates LOCiMOBILE, Inc which develops applications for smart phones and tablets and Code Amber Alertag. The Company has a comprehensive intellectual property strategy and owns an extensive portfolio of patents, patents pending, registered trademarks, copy rights and URL’s and was featured in a 38 page research piece which outlines the value proposition of the Company’s IP portfolio and more recently in the SeeThruEquity research report.

 

The patented GTX Corp wearable technology products and tracking devices, enable wearers to be monitored remotely, thereby helping to ensure their safety in case they wander or become lost due to cognitive disorders such as Alzheimer’s, dementia, autism and TBI. For more information on the Company’s flagship product the GPS SmartSole visit us:

Online: www.gtxcorp.com www.gpssmartsole.com

 

Social media #withyou #smartsole

www.facebook.com/gtxcorpcom

www.twitter.com/gtxcorp

www.pinterest.com/gtxcorp

www.instagram.com/gtxcorp

www.linkedin.com/in/gtxcorp

 

 

General information, licensing or investor relations email:

info@gtxcorp.com

ir@gtxcorp.com

213.489.3019

 

 

GTX Corp United Kingdom

In the UK, GTX Corp operates from offices in London and its Dublin-based European distribution center.  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 Signs Agreement with Possum Ltd Expanding Distribution of the SmartSole across UK and Ireland

GTX Corp Featured at Google I/O

On May 18-20, Google I/O 2016 featured thousands of developers and products, including GTX Corp’s SmartSole and Smart Locator Application, for three days at Google’s annual developer conference at the Shoreline Amphitheatre in Mountain View, CA. Google I/O 2016 brings together developers for an immersive, three-day experience focused on exploring the next generation of technology, mobile and beyond.

googl2 GTX Corp Featured at Google I/O
GTX Corp’s GPS SmartSole and Smart Locator application were featured in Geo sandbox Sugarbear, a 1959 PD-4104 General Motors Coach that measures 35’ long by 8’ wide with a diesel engine outfitted for biodiesel. Last year, Sugarbear traveled across the USA and had been re-introduced to Google I/O this year as a station for demos to be brought to life for users. Users were able to use the GTX Corp App and see firsthand how the SmartSole operates. In addition to GTX, Google Maps APIs also featured Trucker Path, Zendrive, Postmates and Vagabond.

 

googl3 GTX Corp Featured at Google I/O
For GTX Corp general information, licensing or investor relations email:

info@gtxcorp.com

213.489.3019

ir@gtxcorp.com

 

Social media – #withyou _ #smartsole

www.facebook.com/gtxcorpcom

www.twitter.com/gtxcorp

www.pinterest.com/gtxcorp

www.instagram.com/gtxcorp

share medium GTX Corp Featured at Google I/O

GTX Corp Expands Distribution in the U.K.

telmenow.com added to the

GPS SmartSole Growing list of International Distributors

 

LOS ANGELES, CALIFORNIA –May 18, 2015 – GTX Corp (OTCBB: GTXO), an IoT platform in the personal location GPS wearable and wandering assistive technology business, announced the commercial launch of the GPS SmartSole with telmenow.com in the UK, an on-line healthcare technology specialist supplying a range of products and services to help the elderly live independently in their own homes.

“We are excited to be launching the GPS SmartSole”, said Mike Handford, Supplier Support Manager, “we believe that the product’s unique, discreet and comfortable qualities will make it an invaluable part of the GPS tracking technologies that we currently offer our customers”.

The UK is a significant market for GTX, with approximately 850,000 people afflicted with dementia today and that number is expected to grow to 1 million by 2025. Two thirds of them are women and over 60,000 deaths are attributed annually to dementia.

With this large and growing market sector, telmenow.com  has seen a dramatic increase in growth over the last year and is now one of the top on line sites in its category in Europe with over 60,000 monthly website visitors offering them products that include personal or home safety devices – such as GPS tracking devices and nuisance call blockers – as well as solutions designed specifically to assist sufferers of specific medical conditions, including dementia day clocks, epilepsy smartwatches and blood glucose meters.

Andrew Duncan, GTX Corp Director of Business Development commented, “We are extremely pleased to be launching our product on the telmenow.com platform which has tremendous reach into the consumer market, as well as the public sector through their business to business operations.  Due to the continued strong interest in our patented wandering assistive technology, and the positive reaction we are receiving for the GPS SmartSole, we plan to invest more resources into the UK and local partners which are supported by our distribution center in Dublin. We expect to see a lot more coming out of this market and other countries in northern Europe in the near future.”

Since entering the United Kingdom late last year, GTX has expanded its distribution channels for the GPS SmartSole. The Company has partnered with large national companies like NRS Health Care Services, which supplies products and services to the National Health Service and has a number of trials underway with local health authorities and home care centers.

Nelson Skip Riddle, GTX’s UK healthtech advisor stated, “We are starting to see an increasing interest for the GPS SmartSoles amongst the various parties involved in caring for seniors with memory disorders as well as autistic children. From  occupational therapists working within the NHS, to home care health specialists and local police authorities, the  UK is on the cutting edge of health care innovations and telemedicine technology. Now, UK healthcare providers are embracing the GPS SmartSole as an innovative and cost-effective solution that is enabling individual safety and mobility.”

GTX Corp’s patented GPS SmartSoles®, which were featured in AARP’s 2015 technology gear guide are a stigma free, safety and security unobtrusive monitoring and tracking solution for those who suffer from Alzheimer’s, dementia, autism, TBI and other memory disorders and have a tendency to wander. They are placed in the wearer’s shoes and contain a miniaturized GPS tracking chip connected through a cellular network that sends a signal to the GTX Corp monitoring portal or app, showing the exact location of the individual wearing the SmartSoles. They come 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.

The simplicity behind the SmartSole Platform is that when someone wanders off or becomes lost, a text or email alert is sent to a caregiver’s phone and computer, with a direct link to a map plotting the wanderer’s location.

GTX Corp United Kingdom

In the UK, GTX Corp operates from offices in London and its Dublin-based European distribution centre.  For more information, please contact: Nelson Skip Riddle contact details are:

Email: nsriddle@gtxcorp.com

Tel: +44 7785 364100


About telmenow.com

telmenow.com was founded in 2015 by former director at BUPA, Norman Niven, a qualified pharmacist, and a group of experts in home health and care technology. Based in the Greater Manchester area, it has seen its staff count triple over the last year due to strong growth and demand for its products and services.   


About GTX Corp

GTX Corp (GTXO) is a pioneer in Smart, Mobile and Wearable GPS, cellular and BLE tracking and recovery technology. Headquartered in Los Angeles, California, with distributors in over 14 countries, GTX is known for its game-changing and award-winning patented GPS Smart Shoe, blockbuster Smartphone GPS Tracking App, and innovative GPS and BLE SmartSole. GTX provides solutions that answer the where question: where is my mother, child, employee, vehicle, drone and high value assets. Through a proprietary global enterprise IoT monitoring platform and licensing subscription business model, the Company offers a complete end to end solution of hardware, middleware, apps, connectivity and professional services. Letting you know where or how someone or something is at the touch of a button, delivering security and peace of mind in an instant. GTX Corp also owns and operates LOCiMOBILE, Inc which develops applications for smart phones and tablets and Code Amber Alertag. The Company has a comprehensive intellectual property strategy and owns an extensive portfolio of patents, patents pending, registered trademarks, copy rights and URL’s and was featured in a 38 page research piece which outlines the value proposition of the Company’s IP portfolio and more recently in the SeeThruEquity research report.

 

The patented GTX Corp wearable technology products and tracking devices, enable wearers to be monitored remotely, thereby helping to ensure their safety in case they wander or become lost due to cognitive disorders such as Alzheimer’s, dementia, autism and TBI. For more information on the Company’s flagship product the GPS SmartSole visit us:

Online: www.gtxcorp.com www.gpssmartsole.com

Social media #withyou #smartsole

www.facebook.com/gtxcorpcom

www.twitter.com/gtxcorp

www.pinterest.com/gtxcorp

www.instagram.com/gtxcorp

www.linkedin.com/in/gtxcorp


General information, licensing or investor relations email:

info@gtxcorp.com

ir@gtxcorp.com

213.489.3019

 

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 Expands Distribution in the U.K.