LOS ANGELES, CALIFORNIA –March 14, 2015 – 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 CeBIT in Hanover Germany March- 14-18 on the Telefonica M2M Alliance stand in Hall 13, Stand D082.
CeBIT is the largest and most internationally represented computer expo. The trade fair is held each year on the Hanover fairground, the world’s largest fairground, in Hanover, Germany. It is considered a barometer of current trends and a measure of the state of the art in information technology.
Telefónica will be presenting the latest developments around the theme of connectivity showcasing the GPS SmartSole® and other unique and flexible business solutions in the areas of Machine 2 Machine (M2M) and the Internet of Things (IoT).
In addition to the Telefonica staff, Eric Gnass, CEO of way4net, the German distributor for the GPS SmartSoles will be in attendance. Eric commented, “We are very excited to be working with GTX Corp and Telefonica to bring the GPS SmartSole to such an important show as CeBIT.’’
Andrew Duncan head of international business development for GTX Corp commented, “Telefonica has been instrumental in helping us explore business opportunities across Germany, Spain, and other countries in Europe and Latin America. We were extremely pleased to hear that Telefonica is showcasing our GPS SmartSoles and to have our German distribution partner way4net participate.”
GTX Corp’s flagship product, the GPS SmartSoles are a stigma free, safety and security unobtrusive monitoring and tracking solution for those who suffer from Alzheimer’s, dementia, autism, TBI and other memory disorders and have a tendency to wander. The patented GPS SmartSoles, which were recently showcased in Munich, at the Telefonica 2015 Innovation Conference Digital Innovation Day 2015, featured in AARP’s 2015 technology gear guide and came in 2nd place, with Microsoft finishing 1st and Samsung taking 3rd place, in the 2015 Wearables, Health, Fitness & Wellness category at CTIA’s Hot for the Holidays Awards competition, are placed in the wearer’s shoes and contain a GPS tracking chip connected through a cellular network that sends a signal to the GTX Corp proprietary IoT platform monitoring website or smart phone 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.
GTX Corp (GTXO) is a pioneer in Smart, Mobile and Wearable GPS, cellular and BLE tracking and recovery technology. Empowering the global community and keeping you connected to who and what matters most with GPS, cellular, BLE tracking and recovery location based services. Headquartered in Los Angeles, California, with distributors in over 14 countries, GTX is known for its game-changing and award-winning patented GPS Smart Shoe, blockbuster Smartphone GPS Tracking App, and innovative GPS and BLE SmartSole. GTX provides solutions that answer the “where“ question: where is my mother, child, employee, vehicle, drone and high value assets. Through a robust global enterprise IoT monitoring platform and licensing subscription business model, the Company offers a complete end to end solution of hardware, middleware, apps, connectivity and professional services. Letting you know where or how someone or something is at the touch of a button, delivering security and peace of mind in an instant. GTX Corp also owns and operates LOCiMOBILE, Inc which develops applications for smart phones and tablets and Code Amber Alertag. The Company has a comprehensive intellectual property strategy and owns an extensive portfolio of patents, patents pending, registered trademarks, copy rights and URL’s and was featured in a 38 page research piece which outlines the value proposition of the Company’s IP portfolio and more recently in the SeeThruEquity research report.
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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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