GTX CORP ANNOUNCES PARTICIPATION IN #C4CT SUMMIT AT THE UNITED NATIONS AND RENEWS LONG-TERM ADVISORY AGREEMENT WITH THE BREWER GROUP, INC.

GTX’s innovative wearable tech product line including the patented GPS SmartSole™ featured at U.N. Summit

LOS ANGELES, CA and MINNEAPOLIS, MN – July 30, 2014GTX Corp (OTCQB: GTXO), a leading global provider of personal location wearable technologies, and  The Brewer Group, Inc. (TBG), a diversified global investment advisory firm, announced today a renewal of their long-term partnership agreement to maximize GTX’s brand and market awareness in an effort to increase sales channels and expand the company’s global reach. Continued efforts will include further promotion of GTX’s cutting edge GPS SmartSoles product line surrounding the upcoming official product launch and its inclusion in TBG’s Coalition for Concussion Treatment (#C4CT) campaign held at the United Nations.

 

The #C4CT Concussion Awareness Summit is being convened at the U.N. to explore the potential link between TBI and Alzheimer’s disease. GTX management will join a diverse working group of clinicians, medical researchers, policy makers, international diplomats, athletes, celebrities, and philanthropic organizations to raise awareness, advance clinical research, and develop public policy in order to address this major unmet medical need and public health issue.

 

In particular, GTX’s association with the #C4CT movement has brought GTX technologies to the attention of victims of traumatic brain injury (TBI) and/or Alzheimer’s disease, members of professional sports leagues, public and private corporations and international organizations focusing on health and wellness. Since February 2013, The Brewer Group has provided ongoing business development and marketing support as well as successfully utilized its extensive network to allow GTX to identify, attract and ally with like-minded companies and organizations, enhancing global exposure of GTX’s groundbreaking products.

 

GTX Corp CEO, Chairman and founder Patrick Bertagna along with Professor Andy Carle and other GTX team members will be attending the upcoming #C4CT Alzheimer’s Concussion Awareness Summit on July 31st at the United Nations in New York City where they will have the opportunity to showcase their products and demonstrate how they can play an effective role in providing solutions for those suffering from TBI and/or Alzheimer’s disease in front of a diverse audience. Mr. Bertagna and The Brewer Group will also spend the week meeting with investors and potential strategic partners to discuss the further distribution of GTX products across the globe.

 

“Alzheimer’s is a growing global concern affecting more than 35 million people today and expecting to reach 277 million by 2050. The annual cost in dealing with this has just crossed $1 trillion and we can’t think of a better venue than the United Nations to address this challenge head on. We are honored to be part of the #C4CT Alzheimer’s Concussion Awareness Summit and I want to personally thank Jack Brewer for his passion and dedication and we look forward to many more years of working together,” stated GTX Corp CEO, Chairman and founder Patrick Bertagna.

 

GTX Corp has been a pioneer in wearable technology for over a decade, empowering the global community and helping keep people connected to who and what matters most. The GTX product line has evolved to bring the highly-adaptable GPS SmartSole™ shoe inserts to prominence, as featured in major international media outlets including an up-coming Business Journals article highlighting the value utilizing wearable technology in managing the debilitating effects of dementia. The Company’s flagship GPS and BLE SmartSoles are the next generation—version 2.0—of the earlier GPS Smart Shoe and allow caregivers to pinpoint individuals instantly, no matter where they are, via on-demand location updates and immediate notifications to any PC, smartphone or tablet.

 

“We are thrilled to extend our relationship with GTX Corp as we remain fully dedicated not only to promote their patented GPS wearable tech products, but also to help address the critical need of providing innovative safety and security solutions to individuals and loved ones worldwide, including the unfortunately growing number of our population suffering from the lasting effects of cognitive memory disorders such as Alzheimer’s and TBI,” commented The Brewer Group CEO, H.E. Ambassador Jack Brewer. “We consider this partnership the continuation of many exciting, influential collaborative efforts ahead in our ongoing quest to help people around the globe stay connected to those who matter most.”

 

 

About GTX Corp (GTXO)

GTX Corp (GTXO) is a pioneer in wearable technology and a leader in enterprise 2 way GPS real-time personal location based services. Founded in 2002, headquartered in Los Angeles, California and known for its game-changing and award-winning patented GPS Smart Shoe, its block buster Smartphone GPS Tracking App, and patented GPS SmartSole, GTX provides solutions that answer the “where is” question: where is my mother, child, pet, or high value asset.

Through a robust enterprise platform and licensing business model the Company offers a complete end to end solution of location based 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.

 

Online: http://www.gtxcorp.comhttp://www.facebook.com/gtxcorpcom -http://www.twitter.com/gtxcorphttp://www.twitter.com/gtxcorp

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Product and licensing e-mail: info@gtxcorp.com or http://www.gtxcorp.com/about/licenseinquiryhttp://www.gtxcorp.com/about/licenseinquiry

 

Investor Relations: Investor Relations ir@gtxcorp.com   www.stockr.com/gtxo

 

 

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.

 

About The Brewer Group

Established in 2005, The Brewer Group (TBG) is a multi-faceted global investment advisory firm focused on providing tailored services including investment banking advisory, asset management, specialty finance and business development for public and private companies as well as high-profile clientele including athletes, entertainers and world leaders. TBG specializes in multiple sectors including: financial services; biotechnology & healthcare; sports; media & entertainment; wearable technology & consumer products; sustainable technology & agriculture; education & cultural exchange; and hospitality. The Brewer Group’s relationships with high-profile clientele and affiliates including United Nations representatives, global organizations, distribution outlets, governments, key government and non-governmental officials, NPOs, agencies and unions as well as with various public and private corporations and international organizations place TBG in a unique position to execute a wide range of services around the globe. Additionally, The Brewer Group supports a 501(c)(3) non-profit organization, The Jack Brewer Foundation (JBF Worldwide), which uses its various programs and global initiatives to offer educational opportunities and economic development to underprivileged individuals around the world and its Chief Executive Officer, Jack Brewer, also serves as an Ambassador for Peace and Sport for the US Federation of Middle East Peace (USFMEP) at the United Nations. For further information, please visit www.thebrewergroup.com.

 

The Brewer Group Contact:

Kristi Hofacker

Director of Interactive Marketing and Media

651.247.4460

kristi.hofacker@thebrewergroup.commailto:kristi.hofacker@thebrewergroup.com

mailto:kristi.hofacker@thebrewergroup.com

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GTX Corp Granted Broad Communication Protocol Patent

In New Era of “Wearable Tech”

U.S. patent No. 8,760,286 Reinforces the Value of the GTX IP Portfolio and Strengthens its Position in a Rapidly Growing Multi Billion Dollar Market

Los Angeles, Calif. – July 8, 2014 – GTX Corp. (OTCQB: GTXO), a leading provider of personal location wearable technologies, was granted another U.S. patent related to its location based monitoring platform. The recently issued U.S. patent No. 8,760,286 (the ‘286 patent) is a significant addition to the existing family of communication protocol patents and to GTX Corp’s overall patent portfolio. GTX delivers solutions to a growing global audience of over 100 million people with cognitive memory disorders, including Alzheimer’s, dementia, Autism and Traumatic Brain Injuries (TBI) and has been building its intellectual property portfolio of Patents, Trademarks and URL’s since 2002.

 

–        The inventions of the ‘286 patent and its 36 claims generally cover the transmission of location data from a tracking device, of any kind, to a server, in the event that the tracking device is at some point in time unable to connect to the server and consequently has to store the location data until it is again able to establish a communication link. This feature preserves the “bread crumb trail” even when the device goes temporarily out of communication range.  The inventions also enable the remote modification of how frequently a tracking device buffers location data when the device is unable to communicate with the server.

 

–    The patent is not just restricted to footwear but has far broader implications, effecting ANY tracking device from embedded devises as in the case of the GPS SmartSole™ or GPS watch for example to the ubiquitous stand alone, hand held devices.

 

–    Patent ‘286 is part of a family of patents that GTX has filed over the years related to communication protocols with priority filing dates going back to February 8, 2008. In addition the company continues to exercise its ability to file additional patents around inventions related to the same area of core GPS functionality with the same early priority date; allowing the significance and importance of the patent(s) to all GPS related products to expand and grow.

 

“This is a potentially game changing event in our intellectual property roadmap,” commented Larry E. Henneman, Jr., GTX Corp’s patent counsel. “The ‘286 patent is very significant because it is relevant to a great majority of the GPS Tracking industry. The scope of this patent extends far beyond footwear applications and into areas such as GPS watches, other Wearables, hand-helds, and tracking devices in general. The additional value of the ‘286 patent is that it is one of a family of patents, that GTX Corp continues to build and expand upon, all entitled to a priority filing date going back to early 2008.”

 

“Patent ‘286 is a real strong addition to our IP portfolio because it applies to our flagship products such as the GPS SmartSoles, along with perhaps other competitive  technologies which require communications to a backend platform, hence strengthening our position within the wearable tech industry,” stated Andrew Duncan GTX Corp Director and head of IP strategy.

 

 

 

Patrick Bertagna, CEO of GTX Corp concluded, “Recently Nokia announced its entry into the wearable tech market, joining Apple, Samsung, Google and Microsoft, which enforces the reason why GTX has been investing in IP for over a decade, long before “wearable tech” was an Industry or buzz word.” As a pioneer in this space and now watching these companies enter the market, we are pleased to have made the early investments in building a robust IP portfolio and having had excellent counsel along the way, all together increasing the overall GTX enterprise value.”

 

 

About GTX Corp

GTX Corp (GTXO) is a pioneer in wearable technology and a leader in enterprise 2 way GPS real-time personal location based services. Founded in 2002, headquartered in Los Angeles, California and known for its game-changing and ward-winning patented GPS Smart Shoe, its block buster Smartphone GPS Tracking App, and patented GPS SmartSole, GTX provides solutions that answer the “where is” question: where is my mother, child, pet, vehicle and high value assets.

Through a robust enterprise platform and licensing business model the Company offers a complete end to end solution of location based 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.

 

Online:

http://www.gtxcorp.comhttp://www.facebook.com/gtxcorpcom -http://www.twitter.com/gtxcorp

 

Product and licensing e mail – info@gtxcorp.com or http://www.gtxcorp.com/about/licenseinquiry

 

Investor Relations 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.

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