GTX Corp Enters Security Market with Patented GPS SmartSole™

Jack Brewer articulates the power of GPS SmartSoles providing a real sense of security in today’s uncertain world.

LOS ANGELES, CALIFORNIA AND MINNEAPOLIS, MINNESOTA – SEPTEMBER 23, 2014 – GTX Corp. (OTCBB: GTXO), a pioneer and global provider of personal location wearable technologies, will break into the personal security market this week with its patented GPS SmartSole™. The ingenious SmartSole tracking system, originally created for people at risk of wandering due to cognitive memory disorders such as Alzheimer’s, dementia, autism, TBI and more will now help protect journalists, diplomats, ambassadors, avid business travelers and other high-profile individuals who travel to dangerous or remote regions of the world by keeping their loved ones and co-workers updated on their whereabouts, no matter where they go.

 

The dangers that members of the media and international professionals face overseas has never been more clear, especially in light of recent unfortunate events. GTX Corp knows their innovative SmartSoles can provide a much-needed solution to these rising security concerns. The GPS-equipped shoe insoles provide wearers an extra opportunity to let their associates and loved ones know they’re safe through GPS and cellular monitoring technology—and provide users a chance to act fast in response should the unthinkable happen.

 

The GPS SmartSoles’ miniaturized proprietary GPS/cellular chipset and SIM card is unique to each wearer. The GPS SmartSoles communicate via cellular networks and send location coordinates through a wireless data connection, similar to sending SMS messages on a cell phone. This system creates a safety net of unprecedented reliability for its users.

 

GTX Corp encourages you to check out their new testimonial video, created in partnership with The Brewer Group, Inc. (TBG), a global advisory firm, as it begins promoting the GPS SmartSoles for the personal security market. His Excellency Ambassador Jack Brewer, CEO of TBG and SmartSole brand advocate, goes on record with his personal views on the importance of feeling secure during business travels. Together, GTX and TBG will propel the SmartSole technology to the forefront of the security market, forming new strategic partnerships and securing endorsement deals within TBG’s extensive network which will highlight and enhance global awareness of the SmartSoles’ and their security benefits.

 

Patrick Bertagna, Chairman and CEO of GTX Corp commented, “First we want to thank Jack and his team for helping us create awareness in this new vertical application for the SmartSoles. We believe the personal security market has big potential, especially in light of all that is happening in the world with journalists, high profile individuals and international travelers. Heightened security has become top of mind as global uncertainty grows. In the event of the unthinkable happening, time is your best hope, so knowing in near real-time if someone has gone missing maximizes their chance of a safe recovery. Our GPS SmartSoles were originally created to monitor the whereabouts of individuals at risk of wandering with the intent to quickly and safely recover them.  The security market is a direct extension of our core purpose, providing a seamless solution for a newly at risk audience of being at the wrong place at the wrong time.”

View Jack Brewer Highlights Security in GTX Corp’s GPS SmartSoles™ on YouTube here.

 

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 award-winning patented GPS Smart Shoe, its blockbuster Smartphone GPS Tracking App, and 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: www.gtxcorp.com http://www.facebook.com/gtxcorpcom -http://www.twitter.com/gtxcorp

 

Product and licensing email: info@gtxcorp.com or http://www.gtxcorp.com/about/licenseinquiry

 

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

 

About The Brewer Group

 

The Brewer Group, Inc. (TBG) is a multifaceted global advisory firm established in 2005 to provide tailored services including investment advisory and capital markets advisory for public and private companies spanning multiple sectors as well as for high-profile clientele such as athletes, entertainers and world leaders. TBG uses the resources of its experienced, dedicated staff and leverages a network of the world’s premier institutions to bring clients first-rate advisory services and unparalleled access around the globe. Headquartered in Minneapolis, MN, TBG’s divisions include: Brewer Capital Management, LLC (BCM), Brewer Sports International, LLC (BSI) and The Jack Brewer Foundation (JBF Worldwide). The Brewer Group prides itself on delivering innovative solutions to clients’ needs while giving back to communities through the JBF Worldwide corporate social responsibility initiatives. For further information, please visit www.thebrewergroup.com.

 

Contact

Kristi Hofacker

Director of Interactive Marketing and Media

kristi.hofacker@thebrewergroup.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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About Alzheimer’s disease

It is estimated that more than 5.4 million people in the United States suffer with Alzheimer’s disease and over 500,000 new patients are diagnosed every year, with almost one in eight older Americans affected by the disease. Alzheimer’s is the third leading cause of death in the United States. The cost of unpaid care in the United States is estimated at over $210 billion and estimated that the expenditures in the United States will exceed $1.4 trillion by 2050.

While there is no cure in sight, there is a solution that can help monitor those who are afflicted. GPS SmartSoles empowered by GTX Corp

The GTX Corp GPS SmartSoles were exhibited this past week at the Wiser Living building at the “Great Minnesota Get Together” (State Fair)

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GPS SmartSoles™ Expand into Canada

Safe Tracks GPS Canada, Inc. Places First Commercial Order

Los Angeles, September 3, 2014 – GTX Corp (OTCBB: GTXO), a pioneer and global provider of personal location wearable technologies, is pleased to announce the receipt of a volume purchase order for its flagship GPS and BLE SmartSole line of products from Canadian distributor Safe Tracks GPS Canada , Inc. (“Safe Tracks”), a GPS electronic monitoring and safety solution provider across Canada.

After four months of testing the patented GPS tracking “SmartSole” will become commercially available in Canada next month through Safe Track’s e-commerce Website, www.safetracksgps.ca and Canada’s largest GSM cell phone provider, with over 9.2 million users servicing 95% of Canada’s population, will be the Canadian wireless data provider.

“During our testing period, SafeTracks GPS Canada has received an abundance of inquiries in regards to the release of the GPS SmartSoles in Canada. In preparation for the launch we recently completed a series of television interviews which began airing last week, along with other media venues in the Greater Toronto Area. The feedback so far indicates the GPS SmartSoles will be the monitoring wearable technology to make a difference for many caregivers. Current pilot projects of the GPS SmartSoles have yielded spectacular results and we are looking forward to the official launch in October,” quotes Bob Aloisio, Vice President of SafeTracks GPS Canada.

According to the Alzheimer’s Society in Toronto, an estimated 500,000 Canadians have Alzheimer’s disease or a related dementia condition, and within a generation, that number will more than double, ranging between 1 and 1.3 million people. The impact of Alzheimer’s and related dementias involves the sufferer’s entire family, and thus affects far more than the half million people who have been actually diagnosed with the disease. Alzheimer’s disease is the second most feared disease for Canadians as they age.

The patented GTX Corp wearable technology enables wearers to be monitored remotely, there by helping to ensure their safety and freedom, providing peace of mind to their caregivers, and reducing the cost of more frequent human oversight due to wandering. The GPS SmartSoles are embedded with a miniaturized proprietary integrated GPS / Cellular chipset and SIM card that is unique to each wearer.  The GPS SmartSoles will communicate via Roger’s Canada cellular network, and send location coordinates via a wireless data connection, similar to sending SMS messages on a cell phone. If the wearer wanders outside of a pre-set location determined by the caregiver, an SMS or e -mail message will alert the caregiver instantly.

“The GPS SmartSoles allow you to care when you can’t be there. Other devices are either too complicated or tend to be left behind or even rejected by the Alzheimer’s and Dementia sufferers, but the SmartSoles are more friendly and a more reliable means of keeping track of those who wander, because of the likely hood that they will be on the wanders feet when they elope. As a result, Alzheimer’s sufferers who simply wear their shoes are receiving better care and enjoying a more flexible lifestyle and quality of life, while caregivers keep the cost of supervision required, reduced to as little as a dollar a day,” stated Andrew Duncan, GTX Corp’s head of International Sales.”

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 award-winning patented GPS Smart Shoe, its block buster Smartphone GPS Tracking App, and 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: www.gtxcorp.com  http://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   www.stockr.com/gtxo

About Safe Tracks

SafeTracks GPS Canada was founded in 2009 with the mandate of increasing both public and personal safety and independence with the use of GPS and other Communications.  SafeTracks has quickly become a leader in Canada in Offender Electronic Monitoring and Personal GPS Safety Systems for applications from Dementia to Work Alone Personal Safety.  SafeTracks innovative thinking will ensure they are a leader of GPS based tracking devices as the industry evolves. Our current product line will allow us to penetrate this universal market quickly and efficiently. Our valued partners include the following high profile companies; Rogers Wireless, Northern 911 Emergency Monitoring Service and various software providers.  SafeTracks GPS has built a reputation at being at the forefront of cutting edge technologies.

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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