GTX Corp Reports 2016 Financial Results and Business Overview

Revenues increased 57%, net profit increased 139%, net losses decreased 28%, operating expenses decreased 11%

Los Angeles, Calif. – April 4, 2016– GTX Corp (OTCBB: GTXO), a pioneer and IoT provider of personal location GPS, BLE, cellular and RFID, tracking and monitoring wearable technology and wandering assistive technology, announced today commentary on the Company’s financial results and operational highlights for year-end December 31, 2016.

2016 Highlights:

  • Revenues increased 57%
  • Net Profit increased 139%
  • Operating expenses decreased 11%
  • Net Losses decreased 28%
  • Net Cash used decreased 45%
  • Domestic Subscribers increased 385%
  • International Subscribers increased 138%
  • Cash on hand increased 1,113%
  • Began IP monetization campaign
  • Completed development of next generation SmartSole
  • Signed research collaborative agreement with George Mason University (GMU)
  • Added 3 international distribution partners
  • Added 2 domestic distribution partners
  • Shipped our first military test order
  • Enterprise Magazine named GTX as one of 25 most empowering IoT companies of 2016

Management commentary:  Patrick Bertagna, GTX Corp CEO.

As highlighted above, 2016 was a positive trending year, we increased revenues and margins, while decreasing our operating expenses, losses and net cashed used. We grew the business, edging closer towards cash flow positive, especially in Q4, while managing our spending and even lowering our overall operating expenses by 11%. Some of that margin growth came from increasing our domestic and international subscriber base, which is a key contributor to our recurring revenue cash flow, and from our new IP monetization revenue stream. We managed to remain on page one in a google organic search for GPS Wearable Technology,  we added several more States in our reimbursement program, signed on several new distribution partners and we continued to receive media and industry acknowledgement.  Compared to 2015 we made basic fundamental progress that we expect to continue in 2017. What’s worth noting in 2016 was not our modest growth or prudent cash management, but the long term strategic alliances we forged with key partners such as Inventergy, Telefonica, George Mason University (GMU), Ingenu, Position Logic and RACO. These partnerships along with others that are currently being forged, are part of our overall growth strategy. Our partnership with Inventergy (NASDAQ: INVT) was a key strategic move for GTX, as that partnership gave us our first entre into IP monetization. Inventergy will also be assisting in filing ongoing claims on our 3 Comm Protocol patents, exploiting the open continuation status of that portfolio. This could be very significant in this vastly evolving connected world, and being able to keep the patents alive and add more claims while holding on to those early filing dates, some going back to 2008, before Apple even launched their first iPhone. Inventergy gave us our first infusion of IP monetization and we expect more in 2017 and well into the future, but GTX has dozens of other patents in the wearables and footwear category which we plan to monetize as well.

Partnering with Telefónica Deutschland, part of Telefónica SA group (NYSE: TEF) a Spanish multinational broadband and telecommunications provider which is one of the largest telephone operators and mobile network providers in the world, opens many opportunities for us, especially across Europe. GMU utilizing GTX technology and data in order to study wandering habits in elderly people with Alzheimer’s and dementia, this could be a game changer for the millions of people afflicted.

Looking forward, our long term growth strategy will stay the course of selling more tracking and monitoring solutions to the “needs” market – seniors with dementia or Alzheimer’s, children with autism, military, etc. Once we can scale and bring our pricing down, we will go after the wants market, which is for people who want to track and monitor their child or pet, or valuable asset, but don’t have to because of a medical condition. As we expand into broader markets we plan to introduce new solutions, such as bio metrics that will not only tell us where some is, but also tell us how someone is doing. While we continue to grow our core business down these paths, we will also be pursuing a parallel path of IP licensing. Over the years, we made very significant investments in building our IP portfolio, it is not easy or cheap to file and maintain patents and some of that is reflected in the debt and dilution we took on over the years. Even though we are still unclear of what the true long term value of our IP is and will be, what is clear is the world has caught up to our inventions. The world is now more connected than ever and millions of those connections stem from IoT and wearables, with location being at the forefront of those connections. Growing our fundamentals is imperative, but we remain confident that the IP investments we made along with aligning ourselves with key strategic partners will be our best and fastest path to fully recognizing our true value. Of course, I want to thank our board and management team, vendors, partners, shareholders and all the stakeholders that have supported us and continue with us on our journey. As a for-profit with Purpose Company, all our relationships are important and integral to our growth. Thank you for your continued support.

About GTX Corp

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

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

Social media – #withyou #smartsole

https://www.facebook.com/gtxcorpcom

http://www.twitter.com/gtxcorp

www.linkedin.com/in/gtxcorp

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

http://instagram.com/gtxcorp

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

213.489.3019

info@gtxcorp.com

ir@gtxcorp.com

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

Consumer Purchase of GPS SmartSoles

GTX Corp United Kingdom

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

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, especially in reference to IP monetization and strategic partners. 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 Reports 2016 Financial Results and Business Overview

GTX Corp Signs Collaboration Agreement with Energy Harvesters LLC

Wearable Tech SmartSoles to be Powered through Human Motion

LOS ANGELES, CA – March 22, 2017 – GTX Corp (OTCQB: GTXO), an IoT platform and global provider of personal location GPS, BLE, cellular and RFID, tracking and monitoring wearable and wandering assistive technology and Energy Harvesters LLC, a Boston-based socially responsible company committed to delivering on demand power to charge wearable electronics by harnessing energy though human motion, announced today signing a Memorandum of Understanding to explore incorporating Energy Harvesters’ patented Walking Charger™ with the GPS SmartSole® and other wearable tech and IoT products within the GTX family of wearable footwear technology.

The Walking Charger™ is a patented power generating device that is integrated within footwear products, giving consumers, commercial, and military users the ability to charge their mobile devices and other electronic devices and sensors, as they walk.  When using the Walking Charger™ wearers become their own personal power source, opening up many opportunities for embedding electronics inside of footwear.

Lawrence Grumer, CEO of Energy Harvesters stated, “We are excited to expand our applications and bring our solution for the continual charging of mobile electronic devices into the healthcare-assistive market by collaborating with GTX Corp., whose GPS SmartSole® product addresses the global problem of wandering due to memory impairments such as Alzheimer’s, dementia, autism, and traumatic brain injury.”

“Keeping IoT wearable electronic devices charged is essential in our highly connected and mobile lives, but keeping our GPS SmartSoles charged just by walking is a game changer,” stated Andrew Duncan, GTX Corp director of Business Development. Many of our customers have been asking for ways to extend battery life, so we look forward to working with Larry and his team on this collaboration project and successfully testing the Walking Charger with our line of wearable footwear technology.”

GTX Corp has been at the forefront of wearable tech for over a decade and holds numerous patents in the field of wireless communications and embedding miniaturized electronics inside footwear. With several footwear wearable tech products in the market place and more expected out this year, the Company’s patented flagship GPS SmartSoles are a perfect fit for this type of technology. The SmartSoles  come in several trim to fit sizes for both men and women, are water resistant, made with the highest quality German electronic components and assembled in Rhode Island, U.S.A.

About Energy Harvesters LLC

Energy Harvesters LLC is bringing a disruptive technology to the wearables market with their patented Walking Charger™ to give people the ability to charge their mobile electronic device batteries anytime, anywhere from their own walking. It provides direct and immediate power to a wide range of portable electronic applications including smartphones and other devices including Internet of Things (IoT) sensors, GPS locators, welfare-assistive devices, sports and health monitoring devices, and connected worker solutions.

Online: www.energyharvesters.com

About GTX Corp

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

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

 

Social media – #withyou #smartsole

https://www.facebook.com/gtxcorpcom

http://www.twitter.com/gtxcorp

www.linkedin.com/in/gtxcorp

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

http://instagram.com/gtxcorp

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

213.489.3019

 

info@gtxcorp.com

ir@gtxcorp.com

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

Consumer Purchase of GPS SmartSoles

 

GTX Corp United Kingdom

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

Email: nsriddle@gtxcorp.com

Tel: +44 7785 364100

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

 

Forward Looking Statements

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

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share medium GTX Corp Signs Collaboration Agreement with Energy Harvesters LLC

GTX Corp CEO Patrick Bertagna discusses the exciting events taking place in Europe March 2017

Patrick Bertagna, CEO of publicly traded GTX Corp (GTXO), discusses the exciting events taking place in Europe with CeBIT, Telefonica and the Longevity Network. GTX Corp continues its growth across the globe with its innovative GPS Wearable Tech Devices, strong patent portfolio worth millions and partnerships with successful companies.

 

For more information on the GTX Corp family of products and services visit http://gtxcorp.com    www.gpssmartsole.com      www.trackmyworkforce.net    www.codeamberalertag.com www.locimobile.com

GTX Corp, With You

share medium GTX Corp CEO Patrick Bertagna discusses the exciting events taking place in Europe March 2017

GTX Corp Launches New GPS Take-Along Tracker in the UK

LOS ANGELES, CA – March 8, 2017 – GTX Corp (OTCQB: GTXO), an IoT platform and global provider of personal location GPS, BLE, cellular and RFID, tracking and monitoring wearable and wandering assistive technology, today announced UK distributor Possum Ltd, a B2B Healthcare and Telehealth provider conducting business across the UK and Ireland, will begin selling the GTX Take–Along Tracker  to both consumers and business channel partners.

After several weeks of testing, Possum has placed its initial commercial order of Take-Along Trackers which are scheduled for shipping this month.

The GTX Corp Take–Along Tracker is a miniaturized, water and dirt resistant wearable GPS tracking device, robust and strong enough to handle the outdoors, but at just 3 inches long, small and light enough to fit easily in a pocket or bag, and even comes with a lanyard for wearable convenience. Additional features include:

  • 3-D accelerometer for motion sensing which promotes ultra-low-power battery saving.
  • Take-Along comes with its own charging cradle for easy wireless charging.
  • Pre-configured with patented wireless protocol’s that plug into the GTX monitoring portal

The GPS Take – Along Tracker is perfect for ensuring the safety of seniors, children and lone workers who may require some form of remote oversight. While smartphones could theoretically solve this problem, most elderly folks or children either don’t have, or forget to carry a smartphone, additionally smartphones are expensive and not very robust, but the Take – Along costs far less than a smartphone, is small and light weight, has a 2-3 day battery life and fits easily in a pocket, purse or backpack, a car’s glove compartment, motorcycle or bike. Anywhere you go the Take Along can go too.

Andrew Duncan, GTX Corp director of Business Development, stated, “As part of our growth strategy, GTX Corp plans to introduce several new products in the connected eHealth monitoring and wellness sector to its global distribution partners. Many of our channel partners have been selling our GPS SmartSoles for over a year and our now looking to us for new innovative technologies, products and services. We are very pleased to see Possum launch our new GPS Take Along and anticipate they will continue to introduce more of our products to the British market place in the near future.”

Phil Iles, Possum Sales Manager for UK & EIRE, stated “After the hugely successful launch of the GPS Smartsole product last year we were keen to explore other innovations from GTX.  Possum only adds the most reliable and innovative equipment to our product portfolio which we believe will help people to gain greater independence whilst providing loved ones with peace of mind. We found the GPS Take-Along Tracker to be a perfect fit for our growing product range.”

In 2015, it was estimated that there were 850,000 people living with dementia in the UK. 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 wearable technology that can support people to get out and move about more safely and confidently, such as the GPS SmartSoles or the GPS Take – Along Tracker can be a significant quality of life improvement.

Britain’s much-loved actress Paula Wilcox explains why dealing with dementia is a subject so close to her heart. She’s the voice behind the powerful new GPS SmartSole radio campaign running in London.

- https://soundcloud.com/user-486166891/unforgettable-radio-ad-gps-smart-soles.

About Possum:

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.

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

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

Social media – #withyou #smartsole

https://www.facebook.com/gtxcorpcom

http://www.twitter.com/gtxcorp

www.linkedin.com/in/gtxcorp

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

http://instagram.com/gtxcorp

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

213.489.3019

info@gtxcorp.com

ir@gtxcorp.com

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

Consumer Purchase of GPS SmartSoles

 

GTX Corp United Kingdom

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

Email: nsriddle@gtxcorp.com

Tel: +44 7785 364100


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

Forward Looking Statements

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

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share medium GTX Corp Launches New GPS Take Along Tracker in the UK

Telefónica Showcasing GPS SmartSole with its IoT solutions at Mobile World Congress 2017

LOS ANGELES, CALIFORNIA –February 21, 2017 – GTX Corp (OTCBB: GTXO), an IoT platform in the personal location wearable and wandering assistive technology business, will be showcasing its flagship GPS SmartSole at Mobile World Congress (MWC) February 27 – March 2 2017, in the Telefónica (NYSE: TEF) stand number 3K21 located in Hall 3. MWC is the world’s largest gathering for the mobile industry, organised by the GSMA and held in the Mobile World Capital Barcelona, Spain. MWC is a combination of the world’s largest exhibition for the mobile industry and a conference featuring prominent executives representing mobile operators, device manufacturers, technology providers, vendors and content owners from across the world with over 40 Keynote speakers including the CEO of Telefónica, NEC, Huawei, Nokia, Orange, Softbank and many more.

     Telefónica will showcase some of their IoT solutions leveraging LPWA and LTE-M connectivity where the GPS SmartSoles will be included in an area dedicated to personal IoT and wearable tech. The GPS SmartSoles currently use Telefónica´s IoT managed connectivity service and are in use in over 30 countries.

Andrew Duncan head of international business development for the award winning, patented  GPS SmartSoles, which are  the world’s first invisible wearable GPS and cellular tracking device commented, “Telefónica has been instrumental in helping us explore new business opportunities in Spain, Germany and other countries across Europe. We are extremely pleased to be part of this event and look forward to our continued growth in Europe leveraging our strategic partnership and M2M connectivity with Telefónica.”

Initially created as a wander guard for those at risk of wandering due to Alzheimer’s, dementia, autism or traumatic brain injury, the patented GPS SmartSoles are a non-visible GPS tracking device designed to monitor the location and whereabouts of people afflicted with cognitive memory disorders who have a tendency to wander, become lost and disoriented. They can also be used by people at risk of kidnapping, such as government employees and corporate executives.  The SmartSoles are a stigma free, safety and security wearable technology solution placed in the wearer’s shoes and contain a GPS tracking chip connected through Telefónica’s global cellular network that sends location information to the GTX Corp proprietary IoT platform showing the exact location of the individual wearing them. They come in several trim to fit sizes for both men and women, are water resistant, made with the highest quality German electronic components and assembled in Rhode Island, U.S.A.

 

 

About GTX Corp

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

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

 

Social media – #withyou #smartsole

https://www.facebook.com/gtxcorpcom

http://www.twitter.com/gtxcorp

www.linkedin.com/in/gtxcorp

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

http://instagram.com/gtxcorp

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

213.489.3019

 

info@gtxcorp.com

ir@gtxcorp.com

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

Consumer Purchase of GPS SmartSoles

 

 

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 Telefónica Showcasing GPS SmartSole with its IoT solutions at Mobile World Congress 2017

An Important Video Announcement from Alzheimer’s Weekly

The dangers of driving with Alzheimer’s, a safe alternative to driving is walking and having a pair of wander guard GPS SmartSoles. Peace of mind, safety and security knowing your loved one can be easily found if they get lost…

 

GTX Corp. With You

share medium An Important Video Announcement from Alzheimers Weekly

GTX Corp Announces Launch of Take-Along Tracker 3G Product and Website

LOS ANGELES, CA – January 27, 2017 – GTX Corp (OTCQB: GTXO), an IoT platform and leading provider of personal location GPS, BLE, cellular and RFID, tracking and monitoring wearable technology and wandering assistive technology, today announced the official release of its new GPS and voice tracking device, the Take–Along Tracker 3G (TA3G) including the launch of its coinciding brand-new website and online store.

The GTX Corp Take–Along Tracker 3G is the latest and greatest in 3G miniaturized wearable GPS tracking technology. Waterproof and dirt resistant, this robust device is strong enough to handle the outdoors, but at just 3 inches long, small and light enough to fit easily in a pocket or bag, and even comes with a lanyard for wearable convenience.  

For a limited time, GTX Corp is offering customers $20 off their purchase by using promo code: TA3G 

tracker3g GTX Corp Announces Launch of Take Along Tracker 3G Product and Website

Take-Along Tracker 3G also offers the security of S.O.S. voice calling! With voice, it’s just one easy touch to call a designated phone number and send up-to-date location alerts. 

Additional features include:

  • 3-D accelerometer for motion sensing which promotes ultra-low-power battery saving.
  • Easy wireless charging, no tricky USB plugs, the TA3G comes with its own charging cradle.

Enjoy the security and peace of mind with the full suite of features available on the GTX Corp Monitoring Portal where it’s simple to view the Take-Along Tracker 3G on a map, set up geozone boundaries or run a variety of reports. Users can also monitor their GTX devices through the GTX Corp Smart Locator app which provides at-a-glance convenience using a smartphone or tablet free of charge with your monthly service plan.

tracker3gbig GTX Corp Announces Launch of Take Along Tracker 3G Product and Website 

Ready to order? The Take–Along Tracker 3G  is $149.00, with a one-time Activation Fee of $20.00, and Monitoring Service plan options as low as $16.33 per month.

In celebration of the launch, GTX Corp is pleased to offer FREE ACTIVATION ($20 value) on all TA3G purchases made prior to 2/14/2017. Use promo code: TA3G  

Have questions? Interested in volume discounts or wholesale ordering? Please contact us at info@gtxcorp.com.

About GTX Corp

GTX Corp (GTXO) is a pioneer in Smart, Mobile and Wearable GPS, cellular and BLE tracking and recovery location based services. Through its proprietary enterprise monitoring platform and licensing, subscription recurring revenue business model, GTX Corp offers a complete end-to-end solution of hardware, software and connectivity, backed by an extensive portfolio of patents. Headquartered in Los Angeles, California and a European distribution center in Dublin Ireland, GTX is known for its game-changing and award-winning patented GPS Smart Shoe, block buster Smartphone GPS Tracking App, and best in class GPS and BLE SmartSole. GTX provides solutions that answer the “where” question: where is my mother, child, employee, vehicle, drone and high-value assets. Visit www.gtxcorp.com and www.gpssmartsole.com for more information.

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

 
GTX Corp
www.gtxcorp.com
(stock symbol: GTXO)
#With You
https://www.youtube.com/watch?v=R3Ssy1mnDcA

 

share medium GTX Corp Announces Launch of Take Along Tracker 3G Product and Website

The Year End SmartSole Sale Ends Saturday at Midnight – Save $110 Now

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GTXSSYearEndSale The Year End SmartSole Sale Ends Saturday at Midnight   Save $110 Now

Be sure to use the Promotional Code to activate your savings!

 

A TOTAL SAVINGS OF $110.00! ($50 off SmartSole purchase + $5/mo. off monthly service fee) when you purchase your GPS SmartSole by December 31, 2016.
 
Enter Promo Code: YEAREND2016 
at checkout to instantly receive $50 off your SmartSoles purchase AND lock in our 2016 service fee pricing for the whole next year before monthly rates increase to $34.95 on January 1, 2017.
All orders placed prior to 11:59pm PST on December 31, 2016 utilizing the YEAREND2016 promo code are eligible to receive our GTX Year End Special.
Happy Holidays from our GTX Corp. family to yours!
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Ingenu Announces Availability of Los Angeles Machine Network

Los Angeles-based GTX Corp to enable wearable solutions with Ingenu’s RPMA technology

SAN DIEGO – November 30, 2016 – Ingenu Inc.™, the company that delivers purpose-built IoT connectivity, today announced availability of its Machine Network™ in the greater Los Angeles metropolitan area. The Internet of Things (IoT) network will serve applications including transportation, manufacturing, logistics, smart city and wearable technologies, providing coverage to the second-largest city in the U.S., reaching more than 2,220 square miles and serving a population of over 13 million people.

The availability of the Machine Network in the Los Angeles area is enabling exciting new use cases, such as that of GTX Corp. (GTXO), an IoT platform and provider of personal location and monitoring wearable technology and wandering assistive technology. The company will be integrating Ingenu’s RPMA® (Random Phase Multiple Access) technology into its patented GPS SmartSole® shoe insole tracking solution, to assist in monitoring people with dementia, Alzheimer’s disease, autism and other forms of memory impairment.

“Currently, over 100 million people require oversight due to various forms of memory impairment, and advancements in wearable technology are changing the way we support and monitor these individuals,” said Patrick Bertagna, CEO, GTX Corp. “With Ingenu’s reliable, long-range network technology, we can expand the reach of our monitoring capabilities, particularly in highly populated areas, and provide accurate location services to caregivers and loved ones.”

Ingenu selected to deploy its Machine Network in Los Angeles because of its concentration of IoT development companies. According to industry firm, IoT Analytics, more than 50 percent of IoT companies in the Los Angeles area are developing wearable technologies, which is greater than the national average of just 15 percent.

“Los Angeles is outpacing the market in terms of IoT solution development,” said Tom Gregor, president and general manager, Machine Network at Ingenu. “From manufacturing and smart technologies to wearables and transportation applications, Los Angeles has the resources, culture and infrastructure to support a thriving IoT network.”

The nationwide Machine Network build-out is now underway across the United States, and is targeted to serve over 100 major metropolitan areas by the end of 2017. The Machine Network currently provides more than 100,000 square miles of wireless coverage for a host of IoT applications. For specific information on the Los Angeles Machine Network, visit http://www.ingenu.com/technology/machine-network/cities/los-angeles.

About RPMA

Utilizing globally available spectrum, Ingenu’s RPMA® (Random Phase Multiple Access) technology is purpose-built for M2M/IoT connectivity, offering unparalleled range, coverage and capacity with extremely low power requirements and longer-lasting battery life. It uniquely enables devices to connect more efficiently and cost-effectively in both the uplink and downlink. Requiring fewer towers to provide coverage to large areas (1:10 to 1:30 radio towers needed for RPMA vs. cellular), RPMA is rapidly becoming a global standard for IoT communication. For more information on RPMA technology, visit  www.ingenu.com/technology/rpma/

About Ingenu Inc.

Ingenu™ is building the first wireless Machine Network™, the world’s largest IoT network dedicated to LPWA (low-power, wide-area) connectivity for machines only. Operating on universal spectrum, the company’s RPMA® technology is a proven standard for connecting Internet of Things (IoT) and machine-to-machine (M2M) devices around the world, with 38 private networks deployed over seven years. The Machine Network will have further reach, global range and longer lasting battery life than any existing network. It is also future-proof: enabling technology solution providers to maximize their product’s efficiency and longevity, with unparalleled control and visibility. Ingenu is led by a highly experienced team and backed by one of the strongest boards in the industry, including veterans from Verizon and Qualcomm. Information about Ingenu can be found at www.ingenu.com, or follow us on Twitter @ingenunetworks.

Contacts:

Ashley Schulte

Engage PR

Email:  aschulte@engagepr.com

Phone:  +1-919-435-9112

Kirsten Garvin

Ingenu

Email:  kirsten.garvin@ingenu.com

Phone:  +1-760-533-6945

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Parents! Join in a Medical Research Survey About Autism

GTX Corp has been in the business of developing wandering assistive technology for over 10 years, and we know that wandering, particularly by children with autism spectrum disorder (ASD) and other developmental disorders, is a serious safety issue and stressor upon families and communities.  It is estimated that more than 250,000 children with disabilities wander away from adult supervision each year.  Few researchers have looked at this major issue, and there has been little focus on prevention measures and the impact that wandering has on families. 

Now, the Cohen Children’s Medical Center of New York is conducting a major national study about wandering, and we encourage all of our friends who are parents or guardians of children with Autism to participate! The more research that is done to gather information about wandering, the better we can all work towards innovation in wandering prevention, monitoring solutions and child safety.

It takes just a few minutes to complete the anonymous, on-line questionnaire.  

If enough families complete the Cohen Children’s Medical Center questionnaire, then:

evaengineer2 300x191 Parents! Join in a Medical Research Survey About Autism– It will produce the most representative study done to date – giving voice to as many families as possible

– It will help guide families impacted about which prevention strategies seem to be most effective

– It will document the impact that wandering has on families in terms of activities and household stress

Please click HERE or visit www.WanderingResearch.com to take the survey, request a copy of the results, and be contacted regarding a follow-up research project related to wandering.

We thank you in advance for your participation and support,

GTX Corp

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