GTX CORP WINS BEST U.S. WEARABLE TECHNOLOGY COMPANY AND MOST INNOVATIVE TRACKING & RECOVERY TECHNOLOGY IN THE 2017 TMT AWARDS

LOS ANGELES, CALIFORNIA – July 11, 2017 – GTX Corp (OTCBB: GTXO), an IoT platform in the personal location wearable and wandering assistive technology business, is pleased to announce its recognition as the winner of Technology Media Telcoms (TMT) News Magazine’s “Best Wearable Technology Company – USA” and “Most Innovative Tracking & Recovery Technology” for the Company’s wearable yet invisible, monitoring and wandering recovery GPS SmartSole® as part of the 2017 Telecoms Awards.

gtxcorp tmt award GTX CORP WINS BEST U.S. WEARABLE TECHNOLOGY COMPANY AND MOST INNOVATIVE TRACKING & RECOVERY TECHNOLOGY IN THE 2017 TMT AWARDS
 

With more corporate globalization on the horizon, telecoms are quickly becoming vital to the operation of every business, therefore, the 2017 TMT Awards acknowledge and reward those who have initiated innovation in the IoT industry and support businesses throughout the global landscape.

We are honored to have received these two awards and believe it truly speaks to our team’s vision, passion and commitment to making the best GPS Tracking solutions, along with the value proposition behind our patented wearable IoT platform,” stated GTX Corp CEO, Patrick Bertagna. “Our GPS SmartSoles are making a positive impact on thousands of lives across the globe as an easy to use, cost effective tracking solution that provides peace of mind to every parent, child, or caregiver that has experienced the inability to locate someone in their care.”  

GTX Corp’s patented GPS-enabled “smart” insoles are a discreet and convenient tracking and recovery GPS device that fits easily into most shoes. The GTX SmartSole delivers peace of mind for family members or caregivers by providing real-time location monitoring of loved ones including the millions of people suffering from memory impairment or wandering as a result of Alzheimer’s, dementia, autism, traumatic brain injury, or other cognitive memory disability.

Known for its game-changing, multi-award-winning patented GPS SmartSole and Smartphone GPS Tracking App, GTX has previously been recognized and granted numerous other awards and accolades by prestigious organizations, including receiving a special mention in a Google white paper, the People’s Choice Award for most innovative connected device, being nominated for the 100 Most Important Inventions of Mankind, exhibited in the Technology Museum of Sweden, included in Entrepreneur Magazine’s top 100 Brilliant Companies, identified by ABI Research as ‘paving the way into the next billion dollar market’ and as the 2nd Place Winner (between Microsoft-1st, and Samsung-3rd,) in the 2015 CTIA E-Tech Awards in the “Wearables, Health, Fitness & Wellness” category, to name a few.

 

Commenting on the Telecoms Awards program, Conor Woolven, Awards Coordinator, stated, “I would like to congratulate each and every one of my deserving winners for the excellence that they have shown in this vital sector. As the telecoms industry continues to evolve and develop, I wish them the very best of fortunes.”

 

GTX Corp has been at the forefront of wearable technology for over a decade and holds numerous patents in the field of wireless communications and embedding location based and bio metric electronics inside footwear. With several footwear wearable tech products currently in the market place and more expected out this year, the Company’s flagship GPS SmartSole® is a stigma free, safety and security wearable technology solution placed in the wearer’s shoes that contain a GPS tracking chip connected through Telefónica SA group’s (NYSE: TEF) global cellular network that sends location information to the GTX Corp platform or app, 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 TMT News

Published quarterly, TMT News provides readers with all the latest information from across these three key sectors, exploring every aspect: from legislation changes to the latest deals, new product launches to appointments and everything in between. To find out more about these prestigious awards, and the dedicated professionals selected for them, please visit http://www.tmt-news.com/ where you can view the winners supplement and full winners list.

 

About GTX Corp

GTX Corp (GTXO) is a pioneer in Smart, Mobile and Wearable GPS tracking and recovery location based solutions, 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 Company doesn’t just make and sell the best GPS tracking products, they deliver innovative, miniaturized, low power consumption wearable tech that provides safety, security and peace of mind at the touch of a button. We put the “Where” in Wearable Tech.

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

 

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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 WINS BEST U.S. WEARABLE TECHNOLOGY COMPANY AND MOST INNOVATIVE TRACKING & RECOVERY TECHNOLOGY IN THE 2017 TMT AWARDS

GTX Corp Ships First Order of 200 Take-Along 3G GPS Trackers to Our UK Partners

Busy Hump Day at GTX CORP’s Shipping Center in Los Angeles – June 28, 2017

200 takealong trackers shipment GTX Corp Ships First Order of 200 Take Along 3G GPS Trackers to Our UK Partners

GTX Corp’s Take-Along 3G is a portable GPS, SOS and voice-enabled tracking device, optimized for today’s demanding requirements where location-based safety, security and connectivity are paramount.

  • Two-way Voice Capable for 1 Button S.O.S. Calling (available with +Voice Service Plans)
  • Built in 3-Axis Accelerometer for Motion Sensing
  • Ultra-Low-Power Sleep Mode to Conserve Battery
  • Voltage Monitoring and Low Battery Notifications
  • Waterproof Enclosure Rated IP67
  • Charging Cradle for Simple Recharging

Fore complete information on the Take-Along Tracker and to order yours today, Click Here.

 

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, copyrights 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 devices for seniors, 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. GTX puts the “Where” in Wearable Tech.

Online: www.gtxcorp.com Track My Workforce | GTX Corp – Latest Blog Post – www.gpssmartsole.com

Social media – #withyou     #smartsole

https://www.facebook.com/gtxcorpcom

http://www.twitter.com/gtxcorp

www.linkedin.com/in/gtxcorp

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http://instagram.com/gtxcorp

U.S. 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

 

 

share medium GTX Corp Ships First Order of 200 Take Along 3G GPS Trackers to Our UK Partners

SmartSole Independence Sale: $25 OFF + FREE SHIPPING!

In recognition of June being Alzheimer’s & Brain Awareness Month as well as America’s upcoming Independence Day, GTX Corp is pleased to offer a summer special of $25 OFF + FREE SHIPPING on all GPS SmartSole purchases made before Midnight July 5th!

BUY GPS SMARTSOLE NOW! 

Use Promo Code: INDEPENDENCE to claim this limited discount

independence SmartSole Independence Sale:   $25 OFF + FREE SHIPPING!

GTX Corp specializes in providing GPS tracking devices for seniors, is committed to helping keep your loved ones #withyou and believes that everyone is entitled to feel safe, independent and part of a community at all times.

With the aging population, death rates from Alzheimer’s are on the rise according to new reports. Although around 5.4 million Americans are estimated to have Alzheimer’s, the new research suggests that the number is more likely to be closer to 11 million when taking into account those who do not yet display symptoms of the condition.

Although there may not be a cure yet to this terrible disease, GTX Corp takes pride in helping provide peace of mind by keeping your loved ones safe and independent at an affordable price with our patented, award-winning GPS SmartSole.

Get your SmartSoles TODAY to take advantage of this limited time special offer!

#WITHYOU #ENDALZ #INDEPENDENCE

*Offer good on all GPS SmartSole purchases made by 11:59pm PST on Wednesday, July 5, 2017, while supplies last. 

 

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GPS SmartSole® Used in Wandering Prediction Trial

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

Los Angeles, Calif. – May 23, 2017– GTX Corp (OTCBB: GTXO), an IoT platform in the personal location wearable and wandering assistive technology business, announced today that George Mason University’s College of Health and Human Services has successfully completed phase one of the wandering prediction trial which began in fall of 2016. In collaboration with investigators from the Milken Institute School of Public Health at George Washington University, who have expertise in the economics of patient-centered mobile health technologies and predictive analytics, the University utilized the patented GPS SmartSole, GTX’s location based technology and data in order to study wandering habits in elderly people with Alzheimer’s and dementia.

The data scientists applied using advanced machine learning methods to calculate total time spent at different locations and thus were able to identify frequently visited locations at specific times of day and days of the week. Using only day of the week and time of the day, the researchers’ two-stage spatiotemporal clustering algorithm correctly predicted the users’ location 87% of the time.

“These findings open the possibility of automatically detecting anomalies in ambulation to identify potential wandering events,” said Janusz Wojtusiak, PhD, associate professor of health informatics at George Mason University.

“The innovation here is the continuous improvement in predictive accuracy that is driven by the users themselves. The more often users wear the SmartSoles and thus the more data they share about their spatiotemporal movement, the more we can fine-tune the predictive model and the more accurately we can personalize alerts. In fact, the power of predictive models extends beyond alerts of potential wandering events: Even if a user is not wearing the device, we can apply the predictive model to narrow down his or her likely whereabouts. This can dramatically reduce the time that search teams need to locate and rescue a missing individual,” said Lorens Helmchen, PhD, associate professor of health policy and management at George Washington University.

The team has submitted a proposal for additional funding and now aims to uncover patterns of movement that are associated with Alzheimer’s disease progression.

“Professor Wojtusiak’s team has done an amazing job combining advanced machine learning methods with our tracking and monitoring GPS wearable technology which in the future could improve the lives of millions of people diagnosed with dementia and Alzheimer’s. GTX has been at the forefront of wandering assistive and recovery technology and it is a true honor to support this research project. We believe ‘advance machine learning and Big Data’  will play a major role in finding solutions to complex problems and we applaud Professor Wojtusiak’s team for this significant step forward in translating spatiotemporal data into real-time actionable support,” stated Andrew Duncan, GTX Corp director of business development.  

The preliminary research 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 their proprietary GPS tracking platform and monitoring services. The Company is also exploring developing a data collection only SmartSole, that would be much lower in cost and could be used on a wide scale research program.

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

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 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 servicing over 20 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 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 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

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 GPS SmartSole® Used in Wandering Prediction Trial

GTX Corp Reports First Quarter 2017 Summary Results

LOS ANGELES, CA – May 16, 2017 – GTX Corp. (OTCQB: GTXO), an IoT platform and leading provider of personal location GPS wearable technology and wandering assistive technology, announced financial summary for the first quarter ended March 31, 2017.

First Quarter Highlights

  • Revenue increased 65% over 2016 comparable period
  • Subscriber revenue increased 162% over 2016 comparable period
  • Net operating losses decreased 3% over comparable period
  • Accounts payable decreased 34% over comparable period

During the quarter ended March 31, 2017 the Company continued exploring sales channel opportunities in Colombia, Japan, Hong Kong, Spain and the Middle East. Also attended numerous trade shows in the U.S. and Europe, introducing its technology, products and solutions to potential new strategic partners, distributors and customers.  Domestically the Company added two States in the reimbursement program, attended several industry trade shows and began a Google ad word advertising campaign directed at driving online consumer sales. Outside of social media brand awareness, this was the first time the Company spent money on advertising directly to consumers. The additional expenses along with non-cash derivative liabilities and the amortization of debt discounts related to debt financings caused a net loss increase by 88%, however strictly on an operational basis, the loss from operations actually decreased by 3% once you factor out the non-cash derivative liabilities. Expenses increased by 6% due to advertising and various other investments related to R&D and patent filings.

On the R&D front, the Company began three new product development projects. First being for a CDMA SmartSole that will be operational on the Verizon network expected to be released by early Q3. The second for a SmartSole lite which will be a lower price, limited function and available in children sizes, created for lower disposable income markets and for individuals that are not “at risk” due to Alzheimer’s or autism, but rather for more of a general population use, expected out in early Q4 2017. Third the Company began developing a Sole Protector, specifically designed for the GPS SmartSole and made of anti-microbial / anti-fungal material that repels moisture and odor, providing an extra layer of hygiene, covertness, protection and comfort. The Sole Protector was commercially launched on May 1st in the U.S., U.K., Sweden and Denmark, with over 500 pairs sold in the first week. In addition the Company began working with Energy Harvester to collaborate on the development of delivering on demand power to charge wearable electronics by harnessing energy through human motion 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. There are several other projects in the works and new product announcements will be made over the course of the year.

On the IP front – the Company worked closely with Inventergy on the Communication protocol monetization campaign, finalizing pricing models and a list of potential licensee’s. Inventergy has announced and publicly disclosed that in early January they sent out over 100 letters and subsequently an additional 20 letters have gone out as new potential licensees were identified. The Company was also approached by a footwear company that is interested in licensing several of the GTX Corp Shoe Patents. In addition management worked with existing IP counsel to prepare filings for new patents as an ongoing effort to expand and broaden its IP portfolio.

Patrick Bertagna, GTX Corp CEO, stated, “We are mindful of the tumultuous market conditions we have experienced in the past few weeks and realize that modest growth is not enough. Expectations are high and that’s why we remain focused on building our brand and product awareness on a global scale, while growing our channels of distribution and increasing product sales and subscribers from all our product categories along with exploring new IP licensing opportunities. But we are also focusing on our future and remain convinced that footwear will become a universal wearable tech platform and our patents will ensure long term growth, success and upside for GTX Corp and its stakeholders. This is why we stay committed to developing and introducing new products, like the SmartSoles that will operate on the Verizon network or home health solutions we are currently testing which will alert you if mom got out of bed or if her doors or windows are not closed. To the MoTo – Tracker which is a low cost GPS tracker designed to work with electric vehicles for seniors such as mobility chairs and scooters. We also continue to file more patents in order to increase the value of our IP portfolio and protect the business we are building. We stay committed to developing or partnering with other companies to introduce new technologies into the market place. We have already filed patents that allow the SmartSole to have GPS and cellular technology on one foot and other sensor technology on the other foot. We have started to work with Energy Harvester to help introduce self-generating power and last year George Mason University started a medical research trial using the GPS SmartSoles to collect data in order to predict wandering patterns. Their results which are expected out shortly will establish the SmartSoles not only as a solution to wandering, but as a tool that may help predict wandering habits. Once we can predict wandering patterns, we will look into putting other types of sensors in the SmartSoles that may in the future help predict if someone is prone to Alzheimer’s or a stroke. The SmartSole footwear platform protected by a growing IP portfolio is the real value of the Company.”

Bertagna continued, “Lack of sufficient capital for inventory, human resources, R&D and infrastructure remains a challenge, but Q4 of last year generated some extra cash and in Q1 we allocated some of that cash for advertising, personnel, patent filings and R&D. Having limited capital poses a challenge between investing in immediate growth or investing to ensure our future but we remain confident that we will navigate between the two and stay the course to continue to grow the business fundamentals along with positioning the Company for things to come in the future.”

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 servicing over 20 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 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          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 First Quarter 2017 Summary Results

GTX Corp’s GPS SmartSole Exhibited Throughout Sweden

LOS ANGELES, CALIFORNIA – May 15, 2017 – GTX Corp (OTCBB: GTXO), an IoT platform in the personal location wearable and wandering assistive technology business, has been exhibiting its flagship GPS SmartSole throughout Sweden at numerous highly attended, premier industry events over the past several months alongside the Company’s Swedish distributor, Posifon.

Posifon, an IT/telecom company that, based on app- and mobile technology, develops new services for increased welfare, had representatives demonstrating the SmartSoles at the various events highlighted below, including the opportunity to present the patented product and participate on professional panels discussing the future of healthcare and welfare in Sweden as an example of a new innovative wearable technology.

  • 10-11 May        MAS/MAR Nurse Training Days in Stockholm (Attendance: 200 persons)

sweeden1 GTX Corp’s GPS SmartSole Exhibited Throughout Sweden

  • 9-10 May          Aid Exhibition in Gävle

sweeden2 GTX Corp’s GPS SmartSole Exhibited Throughout Sweden

  • 3-4 May            Dementia Forum Gothenburg (Attendance: 1000 persons)

sweeden3 GTX Corp’s GPS SmartSole Exhibited Throughout Sweden

  • 26-27 April       Vitalis E-health Forum Including 30 minute Presentation (Attendance: 1300 persons)

sweeden4 GTX Corp’s GPS SmartSole Exhibited Throughout Sweden

  • 20 April            Aid Exhibition Linköping
  • 19 April            Welfare Exhibition Katrineholm
  • 11 April            College Guest Lecturer for a Specialized Assistant Nurse Program in Gothenburg

Including 90 min speech for nurses about products and the technology (40 persons)

  • 26-28 March   Assistive Technology Forum Gothenburg (1000 persons from various municipalities and the healthcare sector)

sweeden5 GTX Corp’s GPS SmartSole Exhibited Throughout Sweden

  • 9 February       Regional Healthcare Conference Including Panel Presentation (150 persons)

sweeden6 GTX Corp’s GPS SmartSole Exhibited Throughout Sweden

  • 24-26 January  National Meeting of Welfare Technologies in Stockholm

Including 90 min speech about our new platform and the devices in front of the 8 municipalities (2000 persons)

sweeden7 GTX Corp’s GPS SmartSole Exhibited Throughout Sweden

Furthermore, Posifon’s products, including GTX Corp’s GPS SmartSole, have been well-represented at several municipalities and authorities throughout the country, with one of the authorities of Sweden deciding to write a white paper announcing the results of its R&D project with the eight municipalities during the past year which will set the standards in Sweden. The white paper is expected to be published at the end of this year.

Andrew Duncan head of international business development for GTX Corp commented, “We are very happy to be exhibiting the GPS SmartSole at numerous industry events throughout Sweden. The Posifon team has been extremely supportive as we continue to explore new business opportunities, expand our distribution channels and launch our products into new vertical markets across the Swedish market.”

Initially created as a wander guard recovery solution 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 and cellular 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 that contain a GPS tracking chip connected through Telefonica’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 Posifon

Based in Göteborg, Sweden, Posifon AB is an IT/telecom company that, based on app- and mobile technology, develops new services for increased welfare. Positioned as an innovative company with a close connection to its customers, Posifon’s vision is that everyone, regardless of age, family situation, living situation and ability should be able to feel safe, independent and part of a community. Safety and independence means a higher quality of life. To fulfill the vision, Posifon will develop and offer adjusted mobile safety alarms with advanced additional services. Posifon is the leading player on the market for GPS based personal safety alarms, also called mobile safety alarms. Posifon also works in Norway with plans to expand further.

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.

#   #   #   #

share medium GTX Corp’s GPS SmartSole Exhibited Throughout Sweden

GPS SmartSoles exhibiting in the Vigil booth at the Argentum Senior Living Expo in Nashville May 1-3 2017

GTX Corp CEO Patrick Bertagna along with adviser Andy Carle attended the Argentum Senior Living Executive Conference & Expo, that convenes top thought leaders across senior living to address the most critical issues facing the industry. The event featured educational sessions, a leading expo highlighting solution providers, as well as events to network with industry colleagues, support senior living initiatives, and recognize top professionals.


nashville1 GPS SmartSoles exhibiting in the Vigil booth at the Argentum Senior Living Expo in Nashville May 1 3 2017
 

nashville2 GPS SmartSoles exhibiting in the Vigil booth at the Argentum Senior Living Expo in Nashville May 1 3 2017
 

nashville3 GPS SmartSoles exhibiting in the Vigil booth at the Argentum Senior Living Expo in Nashville May 1 3 2017
nashville44 GPS SmartSoles exhibiting in the Vigil booth at the Argentum Senior Living Expo in Nashville May 1 3 2017
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 servicing over 20 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 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/

 

share medium GPS SmartSoles exhibiting in the Vigil booth at the Argentum Senior Living Expo in Nashville May 1 3 2017

GTX Corp Launches New SoleProtector ™ GPS SmartSole® International Distributors participate in rollout

LOS ANGELES, CA – May 1, 2017 – GTX Corp (OTCQB: GTXO), an IoT platform and global provider of tracking and monitoring wearable and wandering assistive technology, today announced the launch of its new SoleProtector accessory for the GPS SmartSole. The SoleProtector is a disposable unique breathable and durable open cell foam structure insole cover. Specifically designed for the GPS SmartSole and made of anti-microbial / anti-fungal material that repels moisture and odor providing an extra layer of hygiene, covertness, protection and comfort.

“Our customers have been asking us to develop this since last year so we are delighted to finally launch these both in the US and across a number of European countries with our partners Possum in the UK, Posifon in Sweden and Safecall in Denmark,” commented Andrew Duncan, GTX Corp director of Business Development.

SoleProtectors provide hygiene making the GPS SmartSole transferable from one person to another, covers logos or markings making the GPS SmartSoles more stealth and discrete, and adds some comfort and overall protection similar to a case for your smartphone. As the Company plans to launch more wearable technology embedded in footwear, the SoleProtectors are a natural accessory product extension. SoleProtectors can be purchased by the pair for $7.99 or a value pack of 3 pairs for $14.99.  For distributors and wholesalers they come bundled in case packs of 10, 50 and 500 with tiered volume pricing.

The GPS SmartSole® is a non-visible GPS tracking device designed to monitor the location of people afflicted with cognitive memory disorders, such as Alzheimer’s, dementia, autism and TBI, who have a tendency to get lost or wander and for people at risk of kidnapping, such as government employees, journalists and high level executives.  The Company is also in early stage development of – SmartSole lite a lower cost, limited feature and available in children sizes GPS and Wi-Fi SmartSole.

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 servicing over 20 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 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 SoleProtector ™  GPS SmartSole® International Distributors participate in rollout

GTX Corp CEO and JBF Worldwide Executive Board Member Patrick Bertagna Joins The Jack Brewer Foundation’s Global Ambassadors Delegation of Business Leaders, Athletes and Artists Making an Impact in Haiti

PORT-AU-PRINCE, HAITI / April 24, 2017 / GTX Corp (OTCBB: GTXO) CEO, Patrick Bertagna, recently returned from an empowering mission trip in Haiti with a delegation of nearly 100 Global Ambassadors alongside The Jack Brewer Foundation (JBF Worldwide). As a longtime supporter and active Executive Board Member of JBF Worldwide, Mr. Bertagna and the delegation traveled to Haiti from April 7-11, 2017 as part of the Foundation’s long standing efforts to raise awareness in a mission of sport for development and peace in the areas of medical aid, disaster relief, food security, education, and cultural exchange.
h13 GTX Corp CEO and JBF Worldwide Executive Board Member Patrick Bertagna Joins The Jack Brewer Foundation’s Global Ambassadors Delegation of Business Leaders, Athletes and Artists Making an Impact in Haiti
During the mission trip led by JBF Worldwide Founder/Executive Director and GTX Corp brand ambassador, Jack Brewer, Mr. Bertagna and JBF’s Global Ambassadors continued to make an impact in Haiti with a full itinerary of philanthropic endeavors, which included:

  • Visiting the JBF Worldwide sponsored nationwide cervical cancer program at St Luc’s Hospital, which aims to save an estimated 3,000 lives a year.
  • Delivering part of JBF Worldwide and CitiHope’s donation of $69 million in medicines that are currently being distributed to medical facilities throughout the Country.
  • Touring Cité Soleil, generally regarded as one of the poorest and most dangerous areas of the Western Hemisphere and one of the biggest slums in the Northern Hemisphere, supporting JBF Worldwide “Sport 4 Development” partner, The Sanneh Foundation and the Haitian Initiative’s soccer and feeding program for over 400 kids, which is located and operates in Cité Soleil.
  • Delivering over 500 pounds of baseball equipment to Haiti’s first national baseball league as part of JBF Worldwide’s ongoing commitment to helping grow baseball on the Island.
  • Participating in a Starkey Hearing Foundation Mission in Cité Soleil as part of an effort that has provided the gift of hearing to over 3,000 Haitians.
  • Launching YesJulz Little Rascals Music Initiative at the Hope Centre Orphanage in Delmas, which will bring music resources and training opportunities, teaching underserved youth the power of music.
  • Donating 10 computers as part of Karen Civil’s initiative to give education and technology access to orphans at the Hope Centre Orphanage and providing the funds to sponsor a yearlong protein based nutritional program for the children at the orphanage.
  • Completing a tree-planting project that planted 150 Moringa trees aimed to address Haiti’s deforestation crises.

 

“I was truly honored to be part of a 90 plus person delegation of influencers that are passionate and committed to promoting social responsibility, global advocacy and driving positive change,” stated Patrick Bertagna. “Empowering people is the modern version of teaching a person to fish rather than feeding them for a day. That timeless saying was never more resonating than the four days spent in Haiti. The selfless and tireless efforts of Jack Brewer and the JBF team was contagious and the determination by everyone in the delegation to drive a positive change, even if it was just giving an orphan a hug, was inspiring and EMPOWERING!”

 

In addition to Mr. Bertagna, the JBF Global Ambassadors delegation included fellow GTX brand ambassadors Clinton Portis (NFL All Pro) and Jack Brewer (Media Contributor and Former NFL Player), Willy Monfret (International DJ), Carlos Dunlap (NFL All Pro), YesJulz (Entertainer and Director of Vibes), Karen Civil (Celebrity PR and Brand Ambassador), Rohan Marley (Marley Coffee), Drayton Florence (Former NFL Player), Na’il Diggs (Former NFL Player), Jenny Watwood (International Model), Sergio Brown (NFL Player), Anastasia Galkova (International Model), Toni Garrn (International Model), Angilique and Andrenne Coleman (International DJs), Majorr Smith (International DJ), Byron Chamberlain (All Pro and 2x Super Bowl Champion), 070 Shake (Hip Hop Artist), Patrick Pizzorni (International DJ), Marko Gojanovic (Hospitality Mogul), and Ezinma Ramsay (Musician). The group was comprised of several other professional athletes, artists, and global executives from various corporate supporters.

 

For more information on The Jack Brewer Foundation, JBF Global Ambassadors program or to donate, please visit www.jbfworldwide.org.

h1 GTX Corp CEO and JBF Worldwide Executive Board Member Patrick Bertagna Joins The Jack Brewer Foundation’s Global Ambassadors Delegation of Business Leaders, Athletes and Artists Making an Impact in Haitih3 GTX Corp CEO and JBF Worldwide Executive Board Member Patrick Bertagna Joins The Jack Brewer Foundation’s Global Ambassadors Delegation of Business Leaders, Athletes and Artists Making an Impact in Haitih4 GTX Corp CEO and JBF Worldwide Executive Board Member Patrick Bertagna Joins The Jack Brewer Foundation’s Global Ambassadors Delegation of Business Leaders, Athletes and Artists Making an Impact in Haiti

h9 GTX Corp CEO and JBF Worldwide Executive Board Member Patrick Bertagna Joins The Jack Brewer Foundation’s Global Ambassadors Delegation of Business Leaders, Athletes and Artists Making an Impact in Haiti
h2 GTX Corp CEO and JBF Worldwide Executive Board Member Patrick Bertagna Joins The Jack Brewer Foundation’s Global Ambassadors Delegation of Business Leaders, Athletes and Artists Making an Impact in Haiti
h5 GTX Corp CEO and JBF Worldwide Executive Board Member Patrick Bertagna Joins The Jack Brewer Foundation’s Global Ambassadors Delegation of Business Leaders, Athletes and Artists Making an Impact in Haiti
h6 GTX Corp CEO and JBF Worldwide Executive Board Member Patrick Bertagna Joins The Jack Brewer Foundation’s Global Ambassadors Delegation of Business Leaders, Athletes and Artists Making an Impact in Haiti
h7 GTX Corp CEO and JBF Worldwide Executive Board Member Patrick Bertagna Joins The Jack Brewer Foundation’s Global Ambassadors Delegation of Business Leaders, Athletes and Artists Making an Impact in Haiti
h8 GTX Corp CEO and JBF Worldwide Executive Board Member Patrick Bertagna Joins The Jack Brewer Foundation’s Global Ambassadors Delegation of Business Leaders, Athletes and Artists Making an Impact in Haiti
h10 GTX Corp CEO and JBF Worldwide Executive Board Member Patrick Bertagna Joins The Jack Brewer Foundation’s Global Ambassadors Delegation of Business Leaders, Athletes and Artists Making an Impact in Haiti
h11 GTX Corp CEO and JBF Worldwide Executive Board Member Patrick Bertagna Joins The Jack Brewer Foundation’s Global Ambassadors Delegation of Business Leaders, Athletes and Artists Making an Impact in Haiti
h12 GTX Corp CEO and JBF Worldwide Executive Board Member Patrick Bertagna Joins The Jack Brewer Foundation’s Global Ambassadors Delegation of Business Leaders, Athletes and Artists Making an Impact in Haiti
 

Photo Credit: Carlos Rojas, Karson Tannis, Michael Malone, Jose Genao, Kayleen DeRusha and Patrick Bertagna

share medium GTX Corp CEO and JBF Worldwide Executive Board Member Patrick Bertagna Joins The Jack Brewer Foundation’s Global Ambassadors Delegation of Business Leaders, Athletes and Artists Making an Impact in Haiti

Patrick Bertagna, CEO of GTX Corp (GTXO) Discusses the Company’s 2016 10K Report

Revenues, cash flow and profitability increased, while operating expenses decreased. Impressive partnerships and distributorships around the world have GTX Corp on the rise and looking forward to a big 2017.

 

Additionally, you may read the Company’s additional comments in the Press Release published April 4, 2017.

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

 

share medium Patrick Bertagna, CEO of GTX Corp (GTXO) Discusses the Companys 2016 10K Report