GTX Reports Record Q1 Results

GPS SmartSoles Launched – Revenues Up 593% Over 2014 – Clean Balance Sheet       

Well Positioned for 2015 Growth

LOS ANGELES, CA – May 18, 2015 – GTX Corp. (OTCQB: GTXO), an M2M IoT platform and leading provider of personal location GPS wearable technology and wandering assistive technology, announced the results of its financial performance for the first quarter ended March 31, 2015.

First Quarter Results

 

  • Revenue increased 593% over 2014 comparable period
  • Q1 revenues exceeded all of 2014 revenues
  • Q1 backlog orders being shipped Q2 2015
  • Net loss reduced 82% versus Q1 2014
  • Raised $225,000 from fixed price convertible notes
  • Eliminated all derivative liabilities
  • Issued a vendor number for medical reimbursement in 2 States
  • High ranking SEO resulting in page 1 on Google search for “GPS Wearable Technology”

 

“Q1 2015 represented a turning point in the history of the Company,” commented Patrick Bertagna, CEO of GTX Corp. “We successfully launched our flagship GPS SmartSoles in domestic and international markets, both through B2B and B2C channels.  The demand for our products is strong and growing, with initial sales going to specific pilot programs, international distributors and retail customers.  A significant amount of our initial inventory was allocated to pilot programs and evaluation units to government and private enterprises that have a defined need for tracking people who have a tendency to wander due to Alzheimer’s, dementia or autism.  Many of those pilots and evaluation units have and will continue to convert to commercial deployments and begin contributing to our subscriber base of recurring monitoring revenues which we are starting to see grow month over month.”

Revenue increased from $20,814 in Q1 2014 to $144,212 in Q1 2015, primarily due to the launch and initial sales of the Company’s flagship GPS SmartSoles.  Gross margin increased from $10,914 in Q1 2014 to $41,863 in Q1 2015 representing the higher level of sales activity and primarily initial hardware sales in Q1 2015.  Net loss decreased by 82% from Q1 2014 to Q1 2015, primarily resulting from the shift in business strategy which we  announced in 2014 and elimination of derivative liabilities associated with floating convertible debentures, all of which have been retired.

Bertagna continued, “As we move through the second quarter, our focus remains on building brand and product awareness, growing our channels of distribution and affiliate partners, and increasing our subscriber base.  We have grown our distribution and affiliate partners to close to 100 so far this year, spanning 13 countries worldwide.  As we continue penetrating our target markets, we are refining our end user services and pricing models to achieve the broadest adoption and eliminate as many barriers to purchase as possible. On the product development side, we expect to roll out the BLE product line later this summer, and we have initiated the development of our next generation (Gen 2 SmartSole) which will be smaller, lower in price, and a longer battery life. Outside of our flagship SmartSoles, we continue to see steady sales growth for drone applications and digital smart phone tracking Apps, each of which contribute to the increase of our recurring subscriber base revenues.”

Mr. Bertagna concluded, “In closing, I want to thank our employees, advisors, directors, consultants, channel partners and vendors, who worked tirelessly to bring us to this juncture. I also want to thank and acknowledge our shareholders who have patiently and faithfully supported us.”

About GTX Corp

GTX Corp (GTXO) an M2M IoT platform is a pioneer in wearable technology and a leader in enterprise 2 way GPS real-time personal location based services. Founded in 2002, headquartered in Los Angeles, California, with distributors in over 9 countries. The Company is known for its innovative, game-changing and award-winning GPS SmartSole and its blockbuster Smartphone GPS Tracking App. 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 monitoring platform and licensing subscription business model, the Company offers a complete end to end solution of location based hardware, middleware, apps, global cell 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 recently featured in a 38 page research piece which outlines the value proposition of the Company’s IP portfolio.

Online: www.gtxcorp.com  www.gpssmartsole.com

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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 Reports Record Q1 Results

GPS SmartSoles® Expanding U.S. Territory with New Rep in Florida

Senate Special Committee on Aging Discusses Advances in Technology to Help Seniors Live Independently

Los Angeles, Calif. – May 14, 2015 – GTX Corp. (OTCQB: GTXO), a leading provider of personal location GPS wearable technology and wandering assistive technology, announced today the appointment of PAL BUTTON Medical Alert Systems as the sales representative for GPS SmartSoles in The Villages & South Florida area. The Nadler’s have been inspiring healthier, safer lives for families for over thirty years. “GPS SmartSole is the perfect complement to our existing products. We are thrilled to be selected as team members representing this innovative product,” said Fyllis Nadler, Director of Operations for PAL BUTTON Medical Alert Systems. “We had great success in presenting the SmartSole at the Fire Safety expo sponsored by the Villages Police and Fire Department, many individuals expressed interest and were excited to know that the product is now available for families.”

Patrick Bertagna GTX Corp CEO commented, “We are excited about bringing on the Nadler’s to handle the South Florida territory as their mission is directly aligned with ours and the U.S. Senate Special Committee on Aging. The ethos of GTX and the SmartSoles is to empower seniors to live more independently through wearable technology.”

Last week the Senate Special Committee on Aging held a hearing, “Aging in Place: Can Advances in Technology Help Seniors Live Independently.”  Led by Chairman Susan Collins, R-Maine, and Ranking Member Claire McCaskill, D-Mo., the hearing helped raise visibility on technology that can empower seniors and maximize their quality of life.

GPS SmartSoles are a stigma free, safety and security proactive monitoring and tracking solution for those who suffer from Alzheimer’s, dementia, autism, and other memory ailments and have a tendency to wander. The patented GPS SmartSoles, which were featured in AARP’s 2015 technology gear guide are placed in the wearer’s shoes and contain a GPS tracking chip connected through a cellular network that sends a signal to a central 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 made with the highest quality electronic components and assembled in Rhode Island, U.S.A.

GPS SmartSoles are available for both wholesale and direct to consumer purchase, with 6 months interest free financing. SmartSoles: the “where” in wearable tech.

About PAL

Specializing in 24-7 EMS- monitored home PAL medical alert systems for safety at home and Mobile PAL wearable 2-way voice alert systems for active people on the go. PAL BUTTON proudly carries an A+ rating from the Better Business Bureau and is licensed by the Department of Professional Regulations. For more information about PAL BUTTON visit www.palbutton.com

About GTX Corp

GTX Corp (GTXO) is a pioneer in GPS wearable technology and a leader in enterprise 2 way GPS real-time personal location based services. Headquartered in Los Angeles, California, with U.S. distribution and in 9 countries. GTX provides solutions that answer the where question: where is my mother, child, employee, vehicle, drone and high value assets.

Online: www.gtxcorp.com  www.gpssmartsole.com

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 email:

info@gtxcorp.com

213.489.3019

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.

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share medium GPS SmartSoles® Expanding U.S. Territory with New Rep in Florida

GPS SmartSoles at the Fire Safety Fair 4-18-2015 Lady Lake, FL

PAL BUTTON Medical Alert Systems sales representative for  GPS SmartSoles in The Villages & South Florida area.SmartSole and Marshall from PAL BUTTON @Fire Safety Expo 4 18 151 576x1024 GPS SmartSoles at the Fire Safety Fair 4 18 2015 Lady Lake, FL 

share medium GPS SmartSoles at the Fire Safety Fair 4 18 2015 Lady Lake, FL

GPS SmartSole Launches in Australia at CeBIT 2015

mCareWatch Pty Ltd Signs distribution agreement and places first commercial order with GTX Corp

Los Angeles, Calif. – May 7, 2015 – GTX Corp. (OTCQB: GTXO), a leading provider of personal location GPS wearable technology and wandering assistive technology, announced today the signing of a distribution agreement with mCareWatch Pty Ltd, an Australian healthcare technology company focused on providing market leading assisted living, mobile health and tele-care solutions.
mCareWatch introduced the patented SmartSole® wandering assistive wearable technology at the Global Business Technology Event- CeBIT, May 5 – 7 at Sydney Olympic Park. mCareWatch has placed its first commercial order which is scheduled to ship next week and will begin selling the SmartSole in Australia in May.
Andrew Duncan, Director of International Sales at GTX Corp, remarked, “There are close to 350,000 people living with dementia in Australia, with 1,800 new cases diagnosed every week and an estimated 1.2 million caregivers. As part of our global go to market strategy, we are excited to begin selling our flagship GPS SmartSole in Australia and we look forward to a successful launch at CeBIT and long-lasting relationship with mCareWatch.”
Peter Apostolopoulos, co-director and founder of mCareWatch commented, “The latest figures on Australia’s aging population have sparked ongoing debates in social, economic and political spheres. The elderly, disabled and those with special needs have constant concerns about health and safety in their daily lives, and in too many cases, this seriously limits their confidence, mobility and independence. This is why we are excited to partner with GTX Corp and offer the Australian senior community an innovative solution such as the GPS SmartSole that can immediately provide safety and security to the wearer and peace of mind to their caregiver.”
GTX Corp’s patented GPS SmartSoles, which were featured in AARP’s 2015 technology gear guide are placed in the wearer’s shoes and contain a GPS tracking chip connected through a global GSM cellular network that sends a signal to a central monitoring website or app showing the exact location of the individual wearing the SmartSoles. They come in several trim to fit sizes for both men and women, are made with the highest quality electronic components and assembled in Rhode Island, U.S.A.

The value behind the SmartSole Platform is its ability to be a ‘wearable’ yet ‘invisible’ stigma free monitoring solution that alerts a caregiver when the wearer wanders off, sending a text or email to the caregiver’s phone and computer, with a direct link to a map plotting the wanderer’s location.

GPS SmartSole U.S. order information and 6 months interest free financing.
About GTX Corp

GTX Corp (GTXO) is a pioneer in wearable technology and a leader in enterprise 2 way GPS real-time personal location based services. Headquartered in Los Angeles, California, with distributors in over 13 countries. 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 monitoring platform and licensing subscription business model, the Company offers a complete end to end solution of location based hardware, middleware, apps and connectivity 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 recently featured in a 38 page research piece which outlines the value proposition of the Company’s IP portfolio.
Online: www.gtxcorp.com www.gpssmartsole.com
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:
info@gtxcorp.com

http://www.gtxcorp.com/about/licenseinquiry

ir@gtxcorp.com
213.489.3019
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 Launches in Australia at CeBIT 2015

GTX Corp’s New E-commerce Store Features 6 Month Interest-Free Financing on GPS SmartSoles

Los Angeles, Calif. – May 1, 2015 – GTX Corp. (OTCQB: GTXO), a leading provider of personal location GPS wearable technology and wandering assistive technology, announced today that it is offering 6 months interest-free financing for its flagship GPS SmartSoles. Available through its newly launched e-commerce store customers will have the option of signing up for a payment plan through PayPal, offering 6 months interest free financing.

“By providing our consumers interest free financing, we are making the SmartSoles easier to purchase for individuals of all backgrounds and lifestyles”, commented Meghan Ravada, head of consumer sales at GTX Corp. “this technology is so essential for those caring for individuals with cognitive-impairing diseases such as Alzheimer’s and Autism that we want to make it easy and affordable for all”.

GTX Corp’s patented GPS SmartSoles, which were featured in AARP’s 2015 technology gear guide are placed in the wearer’s shoes and contain a GPS tracking chip connected through a cellular network that sends a signal to a central monitoring website or app showing the exact location of the individual wearing the SmartSoles. They come in several trim to fit sizes for both men and women, are made with the highest quality electronic components and assembled in Rhode Island, U.S.A.

The simplicity behind the SmartSole Platform is that when someone wanders off or becomes lost, a text or email alert is sent to a phone and computer, with a direct link to a map plotting the wanderer’s location delivering peace of mind to the caregiver.

About GTX Corp

GTX Corp (GTXO) is a pioneer in wearable technology and a leader in enterprise 2 way GPS real-time personal location based services. Headquartered in Los Angeles, California, with distribution in 9 countries. GTX provides solutions that answer the where question: where is my mother, child, employee, vehicle, drone and high value assets.

Online: www.gtxcorp.com www.gpssmartsole.com

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 email:

info@gtxcorp.com

213.489.3019

http://www.gtxcorp.com/about/licenseinquiry

ir@gtxcorp.com

share medium GTX Corp’s New E commerce Store Features 6 Month Interest Free Financing on GPS SmartSoles

GTX Corp Comments on 2014 Performance and 2015 Roadmap

Los Angeles, Calif. – April 16, 2015 – GTX Corp. (OTCQB: GTXO), a leading provider of personal location GPS wearable technology and wandering assistive technology, announced today commentary on the Company’s performance for last year and what shareholders can expect in 2015.

2014 Milestones:

  • Formal consumer launch of GPS SmartSoles
  • Soft launch of BLE SmartSoles
  • Added new distributors in international markets
  • Expanded into new vertical markets, including drones and workforce tracking
  • Started direct to consumer sales through partners such as Amazon
  • Upgraded backend platform infrastructure and hired new personnel to support growth across product lines
  • Eliminated all toxic convertible debt
  • Strengthened intellectual property portfolio with issuance of ‘286’ patent

Management commentary:  Patrick Bertagna, CEO of GTX Corp.

In 2014, we successfully completed the transition from a licensing model to owning our own product design, manufacturing, sales and distribution, and we cleaned our balance sheet to properly enter 2015 by eliminating all toxic convertible debt.  Our most transformative event was the launch of our flagship GPS SmartSoles in late December, formally putting us into a revenue mode where we controlled our own destiny.  As we move into 2015, our primary focus is on sales and distribution of our GPS and BLE SmartSoles.  We have built a strong network of salespersons, international distributors, online affiliates, partners and vendors to accomplish this task.  In Q1 2015, we sold out of our first production run of 500 GPS SmartSoles, and we see demand continuing to increase in the early part of Q2.  It is extremely rewarding to be able to say we have turned the corner and 2015 is a brand new day in our company’s history. Being a pioneer in personal location and wearable technology, I can’t tell you how excited we are to see our products in the marketplace selling across multiple countries, providing innovative tracking and monitoring solutions. This past year, the entire GTX team has worked tirelessly to get to this juncture and begin delivery of a best in class product and service to the millions of those who need wandering assistive technology. GTX is a business, coupled with a passion and drive that comes from being socially conscious and doing good for people in need.

GTX at its core develops and sells products and services that help find people and things. Our business model involves selling those tracking and monitoring products along with a monthly service plan.  We have a comprehensive tracking platform that supports all of our products and services that we have developed and enhanced since our inception.  Our products are protected by an extensive IP portfolio including the addition of the ‘286’ patent issued last year, which is not just restricted to footwear but has far broader implications. Our ‘286’ patent effects ANY tracking device, from embedded devices as in the case of our GPS SmartSole®, to other products like a GPS watch, and further to the ubiquitous stand alone, hand held wireless GPS trackers.

Last year we announced segmentation of our business into three primary product categories:  embedded, digital and all purpose.  The ‘embedded’ category includes products where our technology is hidden within a consumer friendly form factor.

“The wearable but invisible” GPS SmartSoles are the flagship within this category and are targeted for persons with cognitive memory disorders, including Alzheimer’s, dementia, autism, and traumatic brain injury.  Our digital category offers apps and web products that allow people or organizations to track their persons of interest by using hardware they already own – namely, smartphones and tablets.  Our Track My Workforce app is a prime example, which enables businesses to track employees in the field in real time.  In our ‘all purpose’ category, we offer a myriad of miniaturized low power consumption tracking devices that can be used as desired by consumers or businesses seeking to track something or someone of value.  Our “all purpose” products are used to track drones, shipping containers, medical cargo, vehicles, pets and people, among other uses.

Across all 3 categories, we employ a razor / razor blade model.  We sell our hardware embedded with our technology, and we charge a monthly subscription fee for the data and service.  We seek to deploy as many of our products in the field as possible, and continue to grow our subscriber base of monthly recurring revenues.

In 2015, we expect to continue to invest in product development to enhance our core products and provide additional form factors for new vertical markets.  We are already in a product development cycle for the next generation of the electronics in our GPS SmartSoles which is expected to result in a smaller footprint, longer battery life, and additional tracking technologies such as WIFI and Bluetooth for indoor tracking. Our second generation hardware will enable us to enter into new markets such as children sized insoles, and will streamline our manufacturing and component procurement process reducing cost and increasing logistics efficiency.

Our initial traction for SmartSoles is in the “needs” market, where the product is a solution for someone who needs to be tracked regularly due to a cognitive memory disorder.  Persons with Alzheimer’s, autism, dementia, and traumatic brain injury all have high tendencies to wander.  Currently there are 100 million people worldwide who are part of this group and that number is expected to reach 277 million by 2050. We continue to believe that the approach of delivering wearable wandering assistive technologies to this challenged growing population is the most effective way to gain traction in the market place.

We are currently in several pilot programs with large organizations where, if successful, we would be in a position to sell thousands of units to a single enterprise.  We are generating strong awareness for our products on the retail front, and continue to see results from these efforts in direct consumer sales through our websites.  In addition, in 2015 we added key salespeople to our team covering domestic markets.  Our international distributors have seen success in Canada and in Europe, and we now are shipping and selling products in 13 countries worldwide.

We believe 2015 will be a breakout year for GTX. We were proud to have executed on all our business goals that we laid out in early 2014, and I want to thank our team, partners, shareholders and all the stakeholders that have contributed in bringing us to this exciting new phase in our journey.

About GTX Corp

GTX Corp (GTXO) is a pioneer in wearable technology and a leader in enterprise 2 way GPS real-time personal location based services. Headquartered in Los Angeles, California, with distributors in over 13 countries, the Company is known for its game-changing and award-winning patented GPS Smart Shoe, its blockbuster Smartphone GPS Tracking App, and innovative GPS 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 monitoring platform and licensing subscription business model, the Company offers a complete end to end solution of location based hardware, middleware, apps, connectivity and professional services. Letting you know where or how someone or something is at the touch of a button, delivering security and peace of mind in an instant. GTX Corp also owns and operates LOCiMOBILE, Inc which develops applications for smart phones and tablets and Code Amber Alertag. The Company has a comprehensive intellectual property strategy and owns an extensive portfolio of patents, patents pending, registered trademarks, copy rights and URL’s and was recently featured in a 38 page research piece which outlines the value proposition of the Company’s IP portfolio.

Online: www.gtxcorp.com  www.gpssmartsole.com

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 email:

info@gtxcorp.com

http://www.gtxcorp.com/about/licenseinquiry

ir@gtxcorp.com

213.489.3019

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 Comments on 2014 Performance and 2015 Roadmap

GTX Corp Adds Netherlands Distributor, Track & Trace NL

Addition Brings Total International Distributors to 7 with 5 More Currently Testing

LOS ANGELES, CALIFORNIA – MARCH 11, 2015 – GTX Corp. (OTCBB: GTXO), a pioneer and global provider of personal location wearable technologies, is pleased to announce the addition of Track & Trace NL to its growing list of international distributors.  Track & Trace is based in the Netherlands and has been supplying GPS tracking solutions in the Netherlands, Belgium and surrounding countries since 2010.

“The GPS SmartSole is one of the most innovative products we have seen for our customers,” commented Marcel Timmerman, Director of Track & Trace NL.  “With our focus on personal tracking solutions in the healthcare sector, the GPS SmartSole fits well within our portfolio of products.  Our growing demographic of elderly with cognitive memory disorders in the Netherlands and Belgium has provided us with a unique opportunity to be a trusted source of technology enabled products.  We are thrilled to partner with GTX Corp on its GPS SmartSoles and BLE SmartSoles in our markets and have already received tremendous media coverage form local TV, radio and newspapers.”

Andrew Duncan, Director of Business Development for GTX Corp, commented, “The demand for our products internationally and the press we have been receiving is extraordinary.  The addition of Track & Trace NL brings another high quality distributor into our group, and brings our total international distributor base to 7 with another 5 currently evaluating the SmartSoles.  Initial order volume from international markets has surpassed our expectations with several countries already on their 3rd reorders and we look forward to continuing to build our distribution base both domestically and internationally.”

The Alzheimer’s Association’s latest statistics reveal that the world’s population is aging with more speed and difficulty. One in three seniors dies with dementia. 25 percent of caretakers are long-distance providers, and by 2050, it is expected that Alzheimer’s will cost the nation $1.2 trillion as the number of patients with dementia increases.

The Netherlands, have been on the forefront of experimenting with new approaches to how to deal with the increasing problem of Alzheimer’s and Dementia, with its world re-known Dementia and Alzheimer village of  Hogewey, a cutting-edge elder care facility on the outskirts of Weesp, just minutes from downtown Amsterdam. “Dementia Village” as it has become known is a place where residents can live a seemingly normal life, but in reality are being watched all the time.

About GPS Track & Trace NL

GPS Track and Trace has been in the business of supplying GPS tracking products since 2010 and supplies a wide range of products through their online store Tracktraceshop.com to customers in the Netherlands, Belgium and surrounding countries.  Over the last couple of years, due to strong demand, the company has focused its attention on providing personal tracking solutions in the healthcare sector. Customers include healthcare institutions, insurers, government and aid agencies, as well as individuals and various companies. All products are inspected locally for quality and experienced staff are available to answer any questions that may arise.  The company’s website can be found at www.tracktraceshop.com.

About GTX Corp

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

Through a robust global enterprise monitoring platform and licensing subscription business model, the Company offers a complete end to end solution of location based hardware, middleware, apps, connectivity and professional services. Letting you know where or how someone or something is at the touch of a button, delivering security and peace of mind in an instant. GTX Corp also owns and operates LOCiMOBILE, Inc which develops applications for smart phones and tablets and Code Amber Alertag. The Company has a comprehensive intellectual property strategy and owns an extensive portfolio of patents, patents pending, registered trademarks, copy rights and URL’s and was recently featured in a 38 page research piece which outlines the value proposition of the Company’s IP portfolio.

Online: www.gtxcorp.com  www.gpssmartsole.com

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 email:

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.

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share medium GTX Corp Adds Netherlands Distributor, Track & Trace NL

GTX Corp Expands Sales Channels Launches Affiliate Program for GPS SmartSoles®

10 Premiere Affiliates Added in the First Week, Increasing Direct Consumer Sales

LOS ANGELES, CALIFORNIA – MARCH 5, 2015 – GTX Corp. (OTCBB: GTXO), a pioneer and global provider of personal location wearable technologies, is pleased to announce the launch of its affiliate program for its flagship GPS SmartSoles.  The affiliate program was launched in partnership with ShareASale, a U.S. based online marketing program management firm.

Andrew Duncan, Director of Business Development for GTX Corp, commented, “The launch of our domestic affiliate program provides additional exposure and sales channels for our patented SmartSoles.  We are pleased to have added high profile affiliates in the first week, including The Alzheimer’s Store to our selective list.  As we continue to build out our direct to consumer marketing strategy, the ability to access consumers where they shop online, through trusted affiliates, is paramount in today’s rapidly growing online buying community. Using the internet to share the SmartSole story and drive sales is a key component to consumer acquisition. We are pleased to have partnered with ShareASale and look forward to delivering our mission of providing safe and affordable monitoring solutions for those with cognitive memory disorders who have a tendency to wander”

The SmartSole affiliate program is being managed in partnership with ShareASale, an affiliate marketing network based in Chicago that has been in business since 2000 facilitating internet sales for brands such as: Adidas, Reebok, Fitbit and hundreds of thousands more.

“As we continue to execute on our broader SmartSole distribution plan with both B2B large organizations and B2C individual consumers, the launch of our affiliate program strengthens our U.S. presence and provides new outlets for direct to consumer retail sales,” commented Patrick Bertagna, CEO of GTX Corp. In addition, the affiliates will help garner more brand exposure, product awareness and provide support and visibility for our regional sales reps and larger national pilots currently underway.”

The Company has already received over 250 inquiries from potential affiliates and has selected 10 so far, with a goal to bring on an additional 90 by Q2. Each affiliate is properly reviewed and once approved will begin to earn 15% commission to start and top producers can earn even more. To apply or learn more about the SmartSole affiliate program click here.

About GTX Corp

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

Through a robust global enterprise monitoring platform and licensing subscription business model, the Company offers a complete end to end solution of location based hardware, middleware, apps, connectivity and professional services. Letting you know where or how someone or something is at the touch of a button, delivering security and peace of mind in an instant. GTX Corp also owns and operates LOCiMOBILE, Inc which develops applications for smart phones and tablets and Code Amber Alertag. The Company has a comprehensive intellectual property strategy and owns an extensive portfolio of patents, patents pending, registered trademarks, copy rights and URL’s and was recently featured in a 38 page research piece which outlines the value proposition of the Company’s IP portfolio.

Online: www.gtxcorp.com  www.gpssmartsole.com

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 email:

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.

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share medium GTX Corp Expands Sales Channels Launches Affiliate Program for  GPS SmartSoles®

Announcing the GPS SmartSole Affiliate Program

The GTX Corp SmartSole ™ Affiliate Program is Now Active and Available

Here are some highlights of the program:

  • Earn 12.5% for each GPS SmartSole sale
  • Bonuses and enhanced commissions for top producers
  • 180 day cookie (if your referral comes back anytime within six month you still get credit for the sale)
  • Eye-catching Banners and Text links available
  • Professional Affiliate Management
  • Six month free financing available to customers through PayPal

GTX Corp has teamed up with ShareASale to offer a simple affiliate signup process, so that you can begin earning commission payments from your referrals as soon as possible. ShareASale is a respected name in affiliate program management, you are assured of accurate tracking of sales and on time commission payment through ShareASale.

You can get started today. Just click the link below to go to the Affiliate sign up page.

http://www.shareasale.com/shareasale.cfm?merchantID=25278

Thank you,

GTX Corp

#WithYou

share medium Announcing the GPS SmartSole Affiliate Program

GTX Corp Expands GPS SmartSole ® U.S. Sales Team

Additions Include National Sales Manager Overseeing Five Territory Reps

LOS ANGELES, CALIFORNIA – FEBRUARY 12, 2015 – GTX Corp. (OTCBB: GTXO), a pioneer and global provider of personal location wearable technologies, is pleased to announce the appointment of Greg Burrington as National Sales Manager for GTX Corp, and the addition of five new sales representatives covering California, Ohio, Pennsylvania, Georgia and Nevada.

Mr. Burrington joined GTX Corp in November 2014 to assist in the development and management of the U.S. sales organization supporting demand for the GPS and BLE line of SmartSoles.  Mr. Burrington has an extensive background in the pharmaceutical sales and recruiting industries, with over 22 years of experience in the pharmaceutical industry in sales, management and training positions.  Including in his experience, Mr. Burrington spent several years managing and selling a medication to treat Alzheimer’s disease.

“I am thrilled to have joined the GTX team at such an exciting time in their lifecycle,” commented Greg Burrington, National Sales Manager of GTX Corp “The ability to leverage my experience in medical sales, building sales teams, and sales of Alzheimer’s products is a great fit with GTX, especially as it commences targeted regional sales initiatives on a national scale.  As a former salesperson marketing medication for Alzheimer’s patients, I am very aware of the need for solutions that addresses this growing demographic.  The addition of our most recent five sales representatives is consistent with our national growth and sales strategy and we plan to hire several more in the coming months.”

Steve & Eva Aber – Central California

Steve and his wife Eva have owned and operated memory care communities for the last 25 years, having grown their business to a total of 92 beds in 2013, providing care for hundreds of seniors.  Having sold the last of their communities in 2014, Steve and Eva are continuing to serve the Assisted Living Industry by providing consulting services through their firm, Aber Advisors, to both seekers and providers of Memory Care.

Eileen Graham – Pennsylvania

Eileen Lee Graham is Principal/Founder of EG Associates Group based out of Pennsylvania. Ms. Graham’s services include elder care advising, consulting and long term placement services. She has worked as a personal care home administrator and director of marketing for a 100 bed personal care community and 120 bed skilled nursing community in Johnstown, PA.

Debbie Jackson – Georgia

Debbie worked in the Telco business for over 18 years before starting her own business in the Senior Care industry. As a caregiver Debbie has been involved with clients with Alzheimer’s, Dementia, Parkinson’s and other memory diseases as part of her work with Comfort Keepers.

Theresa Cooke – Nevada

Theresa began her career, spanning 25 years, as a television account executive in 1976 having worked for all the local television affiliates and KCRA –TV in Sacramento.  Most recently, Theresa owned Cooke Elder Care Navigation Services.  Cooke Elder Care Navigation was borne of a passion to help adult children care for the needs of their aging parents.

Amy Chuppa – Northeast Ohio

Amy is the owner and operator of Healthy Independence, specializing in Durable Medical Equipment.  Healthy Independence has been ranked as the top provider in Ohio since 2013 for diabetic shoes and inserts.  Amy is active in the Northeast Ohio community having developed and managed a networking group with over 50 local companies.

Andrew Duncan director of business development and worldwide sales for GTX Corp, stated “Greg has been an exceptional addition to our team and we couldn’t be more pleased with his choice for these 5 new sales reps.

Our goal this year is to build up a network of highly qualified and experienced sales people to cover the states that have the highest concentration of seniors. In addition to these 5 territories, we are also looking at Florida, Texas and several other highly populated states to have local representation in order to service the growing demand and needs for our line of wearable tech SmartSoles.”

For more information on becoming a sales representative for our innovative line of GPS and BLE SmartSoles, please contact – Greg Burrington gburrington@gtxcorp.com

About GTX Corp

GTX Corp (Stock Symbol GTXO) is a pioneer in wearable technology and a leader in enterprise 2 way GPS real-time personal location based services. Founded in 2002, headquartered in Los Angeles, California, with distributors in Canada, Mexico, Switzerland, Italy, Australia and Nepal and known for its game-changing and award-winning patented GPS Smart Shoe, its blockbuster Smartphone GPS Tracking App, and GPS SmartSole, GTX provides solutions that answer the “where is” question: where is my mother, child, pet, vehicle and high value assets. Through a robust enterprise platform and licensing subscription business model the Company offers a complete end to end solution of location based hardware, middleware, apps, connectivity and professional services. Letting you know where or how someone or something is at the touch of a button, delivering security and peace of mind in an instant. GTX Corp also owns and operates LOCiMOBILE, Inc which develops applications for smart phones and tablets and Code Amber Alertag. The Company has a comprehensive intellectual property strategy and owns an extensive portfolio of patents, patents pending, registered trademarks, copy rights and URL’s.

Online: www.gtxcorp.com  www.gpssmartsole.com

Social media – #withyou

https://www.facebook.com/gtxcorpcom

http://www.twitter.com/gtxcorp

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

http://instagram.com/gtxcorp

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

 

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 Expands GPS SmartSole ® U.S. Sales Team