GTX Corp delivers and installs GPS Tracking equipment at Edwards Air Force Base

AF PR SQ GTX Corp delivers and installs GPS Tracking equipment at Edwards Air Force Base

GTX Corp Engineers tour Edwards Air Force base in Southern California as they install personnel and asset tracking units.

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GTX Corp Silver Sponsor at Super Bowl LII Big Game Experience Showcasing New Line of Biometric Insoles at Gifting Suite

Big Game Header GTX Corp Silver Sponsor at Super Bowl LII Big Game Experience Showcasing New Line of Biometric Insoles at Gifting Suite

Los Angeles, Calif. – January 31, 2018 – GTX Corp (OTCBB: GTXO)an Internet of Things (IoT) solutions provider in the personal location, wearable and wandering assistive technology business, announced today that it will be a Silver Sponsor at Super Bowl LII Big Game Experience hosted in Minneapolis and will be showcasing its line of wearable technology and introducing its new line of biometric insoles and kids GPS SmartSoles.

The Big Game Experience will be packed with a series of high profile Super Bowl events and people including Clinton Portis, Ray Lewis, Randy Moss, Kevin Heart, Sergio Brown, Andre Berto, Carl Eller, Warren moon, Larry Fitzgerald, former Viking great and CBS commentator Nate Burleson along former teammate, Fox Business Contributor and GTX Corp Brand Ambassador Jack Brewer.

GTX Corp along with strategic partner Veristride will be attending the gifting suite Thursday and Friday from noon to 5:00 PM located at Cowboy Jacks 2801 Southtown Drive, Bloomington MN.

Patrick Bertagna GTX Corp CEO, commented, We have invited many of the athletes, celebrities, media and retailers to come by the gifting suite and receiving a $150 gift certificate which can be applied towards any GTX Corp track what you love products and the amazing ‘Walking Test’ a ($50 value) which we will be conducting during the SB52 events.”

Stacy Bamberg, Veristride CEO will be administering the walking test throughout the day highlighting this new groundbreaking gait, balance and mobility analysis technology. The walking test which only takes 3- 5 minutes comes with a comprehensive report that will show you how your overall health and wellness are based on your walking partners.

Bertagna, continued, “This new technology can be used in a myriad of applications ranging from professional sports, physical therapy rehabilitation, fall prevention and detection for seniors and basically anyone over 40 that wants to know how their overall health and wellness are without having to take a blood test or go to a doctor’s office. “While attending CES it was evident that the ‘wearable technology’ market was in full force, with multiple solutions and applications being presented. Interesting, there was a significant fervor over technologies integrated into footwear, an area we have been pioneering for over a decade and in which we have focused a significant part of our patent portfolio. Also worth noting ABI research just listed GTX Corp as a Key Player in the Smart Footwear Space.”

In addition to the 2 days at the gifting suite, there will be a host of other events including NFL Legend and Hall of Fame Finalist Ray Lewis who will host the JBF Celebrity Poker Tournament which begins at 7pm on Thursday at the Downtown Minneapolis Cowboy Jack’s location. Other celebrity guests include NFL Legend Clinton Portis, Media Personality and “The Real” Star Jeannie Mai, Social Influencer Helen Owen, 2x World Boxing Champion Andre Berto, Social Influencer YesJulz and many more.

Maxim Magazine will be hosting a party Saturday night and on game day, downtown Cowboy Jack’s will kick off on Super Bowl Sunday at 11am with the Impact Awards Brunch Hosted by Kevin Hart. Following this star-studded event will be the 10th Annual Jack Brewer Foundation Super Bowl Watch Party. This event will be headlined by Hall of Fame Finalist Ray Lewis and will include the prestigious Global Ambassadors Award Ceremony. Honorees and special guests include: NFL Hall of Fame Finalist Randy Moss, NFL Pro Bowl WR Larry Fitzgerald, Former NFL Pro Bowl DT Tommie Harris, 2x NFL Pro Bowl TE Takeo Spikes, Entertainment Mogul Ray J, 12x Grammy Award Nominee Busta Rhymes, Actress Amanda Cerny, International Humanitarian Bill Austin, Retired Army Officer/Award Winning MicroTech Founder Tony Jimenez, GWG Foundation Founder Jon Sabes, Borton Companies Chairman Kjell Bergh, St. Paul Mayor Melvin Carter, MN Vikings CEO Kevin Warren and many more.

About Veristride

Veristride, Inc. analyzes movement at the source, enabling users to heal, excel and thrive. High fidelity sensors at the foot interface paired with state of the art biomechanical analysis allow Veristride to analyze how people walk, run and move. Built on over 15 years of research, Veristride’s approach caters to a wide range of users from individuals to trainers to organizations. In healthcare, Veristride’s PT Metrix system is used by physical therapists who work with individuals faced with mobility challenges. Both clinicians and their patients need better information about progress and symmetry using cues and analytics to measure outcomes.

Online: http://www.veristride.com

Social media – #ptmetrix

https://www.facebook.com/veristride

https://www.twitter.com/veristride

https://www.linkedin.com/company/veristride

 

General information and press kit:

+1.801.610.9816

innovate@veristride.com, pr@veristride.com, ces2018@veristride.com

http://www.veristride.com/presskit

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, enterprise and military 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, smartphone Apps, middleware, and 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 Track My Workforce | GTX Corp www.gpssmartsole.com       Amazon Link: Buy Your GPS Smartsoles Here

Social media – #trackwhatyoulove #withyou #smartsole #connectedandprotected

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.

Jack SB52 GTX Corp Silver Sponsor at Super Bowl LII Big Game Experience Showcasing New Line of Biometric Insoles at Gifting Suite

 

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Equities.com- GTX Has Been Blazing Hot in 2018 with Super Bowl XLII, Keeping Up with the Kardashians and CES Appearances

 Equities.com  GTX Has Been Blazing Hot in 2018 with Super Bowl XLII, Keeping Up with the Kardashians and CES Appearances

Image via SAB0TEUR/Wikimedia

If a microcap company could boast an appearance at the NFL Super Bowl and being featured on one of the longest-running reality television series in the world, it’d be deemed as a pretty successful year. Well, that’s exactly what GTX Corp (GTXO) has already done, and it’s only January. Add in the 2018 Consumer Electronics Show held January 9-12 in Las Vegas, and GTX has gotten the New Year off to an impressive start. The IoMT and GPS-based wearable tracking solutions provider had the opportunity to showcase its innovative product portfolio to millions of potential customers.

A prime example was the company’s GPS-tracking insoles appearing on the popular television show keeping up with the Kardashians, which has been a staple for the E! Network for over a decade now, drawing in millions of viewers every episode. During a recent show, Kris Jenner, in a bid to keep tabs on the whereabouts of her mother, MJ, gives her a new pair of shoes and insoles, which happen to be GTX’s flagship product called the GPS SmartSole.

“It was a significant CES for GTX Corp and the first time we showcased a suite of existing and future products that expanded our products and services way beyond GPS tracking solutions for seniors afflicted with dementia and Alzheimer’s,” said Patrick Bertagna GTX Corp CEO. “We now have tracking and monitoring solutions for kids, the military, law enforcement, mobile workforce, athletes and with our Biometric insoles we will expand our senior target audience from the 6 million currently diagnosed with Alzheimer’s to the 72 million baby boomers in the US that need or want their mobility, activity and gait monitored.”

At CES 2018, GTX also got to show off its new GPS InvisaBelt designed for toddlers expected out this quarter.

In timely fashion, GTX Corp capitalized on this momentum by launching its line of GPS tracking solutions for purchase on Amazon.com(AMZN) making it easier than ever for consumers to find and buy these groundbreaking products. In addition, this new and improved GTX shopping experience features lower product costs and additional service plans to provide customers with flexible payment options.

These impressive milestones over just the past month alone certainly paves the way for 2018 to be the year in which the company hits its inflection point—both on Main Street and Wall Street. In fact, that name recognition is already starting. ABI Research recently identified GTX Corp as one of the Key Smart Footwear Players to watch in the emerging space, solidifying the company’s place among household names such as Under Armour (UA)Garmin (GRMN) and Altra Running (Private). If January is any indication, GTX Corp will be a hard name to miss going forward.

 Equities.com  GTX Has Been Blazing Hot in 2018 with Super Bowl XLII, Keeping Up with the Kardashians and CES Appearances

Athletes, Toddlers and Defense Sector Round Out New Products

The company has done a spectacular job at widening the breadth of target markets recently, including the all-encompassing demographic of athletes.

When the New England Patriots and Philadelphia Eagles collide on February 4th in Minneapolis, Minnesota for Super Bowl LII, GTX will be there, along with Veristride and long-time advisor and former Minnesota Viking Jack Brewer. GTX is a Silver Sponsor and will use the world’s biggest football stage as an opportunity to showcase its new Biometric Insole Technology throughout the various events during Super Bowl week.

In sports, technology is being used more and more to enhance and track performance. The GTX insoles are a natural fit for the sports environment, starting with use in establishing walking baselines for pro athletes.


“I am so thrilled that that Super Bowl is being held in my backyard, and look forward to having GTX and Veristride introduce and demonstrate their new ground breaking gait analysis ‘Walking Test’ technology to the sports community during the Super Bowl experience,” said Brewer on the upcoming events.

GPS SmartSole Ready for Prime Time

The SmartSole is the result of years of R&D at GTX and a new partnership with Veristride. Originally designed to target the seniors market and the approximately 6 million people suffering from Alzheimer’s disease and other forms of dementia that are at constant risk of wandering, GTX has now substantially increased the market opportunity via technological advancements to its insoles and expansion into different age demographics.

The biometric insoles, unveiled for the first time at CES 2018, are now capable of monitoring how people walk, using Artificial Intelligence and sensors to predict if a senior could be prone to falling. With more than 2.8 million falls treated in emergency rooms annually in the U.S., accounting for an estimated $31 billion in direct medical costs, there is clearly a great need to leverage technology to provide insight into fall risk detection and prevention.

GTX’s SmartSoles collect movement and activity from tiny sensors embedded in the insoles, using the information to produce data for gait analysis, which is predictive of likelihood of falls. The SmartSole uses established cellular technology, updating responsible parties every 10 minutes with location information. The soles have received a glowing review for their functionality by “The Brain Broad” Lynette Louise, allowing her to give her autistic children more independence while giving her the peace of mind that they are safe.

As the population ages, it is foreseeable that the associated costs will continue to inflate. So-called “baby boomers,” people born during the during the post-World War II period between 1946 and 1964, are now reaching advanced stages in life, when falls become a real threat. That means that about 72 million baby boomers, or about one-quarter of the U.S. population, is a candidate for GTX’s new product.

 Equities.com  GTX Has Been Blazing Hot in 2018 with Super Bowl XLII, Keeping Up with the Kardashians and CES Appearances

More than Just “Where is?”

GTX took what was technology for a large, but relatively niche market (dementia, Alzheimer’s and autism patients) and through the execution of a succinct strategy has grown the market opportunity exponentially by answering the question “where is?” in not just dementia patients, but those with traumatic brain injuries and genetic cognitive-function disorders, and now even toddlers.

More recently, the location technology has expanded into things, as well as people. Through a partnership with Garrison Defense LLC, GTX’s GPS technology is being incorporated into an intelligent firearm tagging and tracking system that will provide law enforcement and military personnel with real-time weapons accountability. The Garrison agreement followed GTX receiving a contract from Edwards Air Force Base to custom designed and manufacture robust military grade GPS technology to track personnel and equipment.

Ever expanding, GTX has widened its portfolio bag and target audience even more and gone beyond just “where is?” with the latest sports initiative. If market opportunity is any measure of value, GTX should be growing long legs in 2018. Once looking to sell to a market consisting of around six million, the GTX technology now has the potential to be utilized by over 100 million people of all ages for multiple applications and tens of millions of objects around the world.


In the interest of full disclosure, we call the reader’s attention to the fact that Equities.com, Inc. is compensated by the companies profiled in the Spotlight Companies section. The purpose of these profiles is to provide awareness of these companies to investors in the micro, small-cap and growth equity community and should not in any way be considered as a recommendation to buy, sell or hold these securities. Equities.com is not a registered broker dealer, investment advisor, financial analyst, investment banker or other investment professional. We are a publisher of original and third party news and information. All profiles are based on information that is available to the public. The information contained herein should not be considered to be complete and is not guaranteed by Equities.com to be free from misstatement or errors. The views expressed are our own and not intended to be the basis for any investment decision. Readers are reminded to do their own due diligence when researching any companies mentioned on this website. Always bear in mind that investing in early-stage companies is risky and you are encouraged to only invest an amount that you can afford to lose completely without any change in your lifestyle. Equities has been compensated with cash, common shares and/or warrants for market awareness services provided.

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GPS SmartSoles Available for Sale on Amazon

Amazon header2 GPS SmartSoles Available for Sale on Amazon

LOS ANGELES, CALIFORNIA – January 23, 2018 – GTX Corp (OTCBB: GTXO), an Internet of Things (IoT) solutions provider in the personal location, wearable and wandering assistive technology business, announced today that it will be making it even easier for consumers to purchase their line of GPS tracking solutions, by offering them on Amazon.com The Company is best known for their GPS Smartsole® product, which is a GPS tracker embedded in an insole, think Dr. Scholl’s meets Lojack. As Bloomberg previously reported, over 45 million Americans will be caring for 117 million seniors by 2020, and even major players like retail giant Best Buy (BBY) are making significant investments to sell products and services that enable adults to remotely monitor their aging parents. This is exactly the type of wearable IoMT technology that GTX Corp specializes in. Furthermore, the Bloomberg report estimates that remote monitoring for senior care alone represents a $50 billion market.

As GTX continues to expand its line of GPS wearable technology for seniors and children, the Company also recognizes that facilitating consumer sales is increasingly becoming more important, hence by selling direct to consumers through channels like Amazon will enhance the overall buying experience.

amazon button GPS SmartSoles Available for Sale on AmazonBuy Your GPS SmartSole® on Amazon Here

Amazon has completely revolutionized the shopping experience by offering free, 2-day shipping through it’s Amazon Prime subscription. Customers will now be able to utilize the trendiest online shopping center to purchase GTX’s innovative GPS Smartsole and the rest of their tracking and monitoring devices.

The new and improved GTX shopping experience still comes with their lower product costs and additional service plans, offering customers flexible payment options as before. GTX strives to

make the customer’s experience as pleasant as possible, which is why GTX is taking it’s products to the #1 online retailer.

Meghan Ravada, GTX Corp Community Relations Director and ECommerce Manager, commented, “Providing purchasing options to the 300 million Amazon users and leveraging all the advantages of Amazon Prime was a natural step for GTX Corp. In keeping with our theme for 2018 ‘Track What You Love’ we hope it is easier then ever for people to get the innovative GTX Corp GPS tracking solutions they need for their families, clients and loved ones.”

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, enterprise and military 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, smartphone Apps, middleware, and 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 Track My Workforce | GTX Corp www.gpssmartsole.com Amazon Link: Buy Your GPS Smartsoles Here

Social media – #trackwhatyoulove #withyou #smartsole #connectedandprotected 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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GTX Corp Comments on CES 2018, Super Bowl LII and the GPS SmartSoles on the Kardashian’s

CES HEADER18 GTX Corp Comments on CES 2018, Super Bowl LII and the GPS SmartSoles on the Kardashian’s

LOS ANGELES, CALIFORNIA – January 17, 2018 – GTX Corp (OTCBB: GTXO)an Internet of Things (IoT) solutions provider in the personal location, wearable and wandering assistive technology business, comments on CES 2018 and announces today that it will be presenting several of its new products at Super Bowl.

CES 2018 was filled with different areas of Internet of Medical Things (IoMT) technology that is striving to increase the health, wellness, safety, and overall lifestyle for the “Baby Boomer.”

Crunch Network Predicated:

  • Consumer brands will shift focus to the boomer generation.
  • Boomers will find part-time jobs with a purpose.
  • Healthcare will transition from the hospital to the home

This is good news for GTX Corp, as tens of millions of Baby Boomers (people born between the 1950s and mid-1960s) are beginning to hit their elderly years, providing an increased demand for technologies and overall health and wellness solutions. GTX has been at the forefront of this trending and growing sector and this year GTX showcased multiple products, including their flagship GPS SmartSoles along with the new Biometric Insoles and several other products like the Invisabelt and kids SmartSoles, expected to launch this quarter.

Alongside partner Veristride, GTX unveiled the new Biometric Insoles designed to monitor how people walk and help predict if a senior is prone to falling, which is a major worldwide problem. An estimated 2.8 million elderly people in the U.S. are treated in emergency departments for fall injuries each year. The Biometric Insoles collect movement and activity from special censors and produce data for gait analysis to provide better insight into fall risk detection and prevention.

GTX also garnered some buzz in the technology industry during CES week, as their GPS Tracking insoles were on the television show, Keeping Up with the Kardashians. GTX had many vendors, consumers, and fans of the Kardashian’s from around the world come by and comment, as the show had aired in the United States before CES and aired after CES in the United Kingdom.

Patrick Bertagna GTX Corp CEO, commented, “This was a significant week for GTX Corp and the first time we showcased a suite of existing and future products that expanded our offerings way beyond GPS tracking solutions for seniors afflicted with dementia and Alzheimer’s. We now have tracking and monitoring solutions for kids, the military, law enforcement, mobile workforce, athletes and with our Biometric insoles we will expand our senior target audience from the 6 million currently diagnosed with Alzheimer’s to the 72 million baby boomers in the US that need or want their mobility, activity and gait monitored.”

Due to the very positive feedback from the Biometric Insoles and their ability to also be used in a professional sports environment in order to establish walking baselines for pro athletes, GTX will be taking its products and technologies to Super Bowl LII in Minneapolis, Minnesota. GTX and long-time advisor Jack Brewer, discussed several opportunities for GTX and Veristride to showcase its Biometric Insole Technology throughout the various events during Super Bowl Week.

Jack Brewer, CEO of The Brewer Group, Inc. commented – “We are super excited to have GTX attend our events and various activities throughout Super Bowl week in Minnesota this year. As a former Minnesota Viking myself, I am so thrilled that that Super Bowl is being held in my backyard, and look forward to having GTX and Veristride introduce and demonstrate their new ground breaking gait analysis ‘Walking Test’technology to the sports community during the Super Bowl experience!”

Andrew Duncan, GTX Corp President of Business Development and IP licensing, summarized the week, “As a pioneer in digital healthcare monitoring and management and having filed numerous patents over a decade ago, GTX is well positioned to benefit from this industry focus. The cost and resources needed for the long term care of seniors is one of the major challenges facing governments and societies world-wide. With 72% of Boomers using Facebook and over 60% using Smartphones, this tech savvy generation is constantly looking for technology to make the lives of their loved ones as well as themselves easier and more comfortable.”

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 www.gpssmartsole.com        

 

Social media – #trackwhatyoulove  #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

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Voyage LA- Meet Patrick Bertagna of GTX Corp

VoyageLA Staff avatar 1495778063 120x120 Voyage LA  Meet Patrick Bertagna of GTX Corp

Today we’d like to introduce you to Patrick Bertagna.

So, before we jump into specific questions about the business, why don’t you give us some details about you and your story.
GTX Corp is a pioneer and innovator in Smart, Mobile and Wearable GPS, cellular and BLE tracking and recovery location-based services.

Through its proprietary IoT enterprise monitoring platform, GTX offers a complete end-to-end solution of hardware, software and connectivity, backed by an extensive portfolio of patents.

Founded in 2002, headquartered in Los Angeles, California, with distributors in 14 countries and customers in over 35 countries, GTX was the first Wearable Tech company and 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.

We believe the most effective technical solutions are the ones most easily used. We set out to develop miniaturized, low power consumption GPS location finding technology packaged in the most portable user-friendly format- hence we pioneered what is now the multi-billion dollar wearable tech industry. With this platform, the opportunities were vast- ranging from seniors with cognitive memory disorders such as Alzheimer’s and dementia, children with autism, military and law enforcement, mobile work force and high value assets.

Our patented technology delivers a new level of functional oversight, security and peace of mind to a wide variety of audiences and needs.

We’re always bombarded by how great it is to pursue your passion, etc – but we’ve spoken with enough people to know that it’s not always easy. Overall, would you say things have been easy for you?
Like all businesses, we had our share of up’s and down’s, starting with developing new technology and products that had never been on the market before. Raising capital after the initial founder’s round, going public in 2008, right before the biggest financial meltdown.

Once we got passed that, building and keeping a strong team in place. Launching new products in foreign countries, and building a comprehensive intellectual property portfolio, while building a business was very challenging.

We’d love to hear more about your business.
In short, we make technology that tells you where someone or something of value is, but we specialize in saving lives. Our flagship product is made for people that have a tendency to wander and get lost and if not found within 24 hours the stats are 48% of them end up being found dead. So our technology actually can help save lives and provides peace of mind to their caregivers. We are most proud of the letters we receive from people sharing their stories about what a difference our products have made in their life or their loved one’s life.

What were you like growing up?
I was and remain very adventurous, ambitious, competitive, inquisitive, which lead me to becoming a problem solver.

I began traveling at a very young age and found an interest in learning about other people and cultures. I love food and art and outdoor sports, such as surfing and skiing.

Pricing:

  • Consumer products range in pricing from $99.00 to $299.00
  • Our monthly service plans start as low as $5.00 per month and go to $39.00 and on average cost less than $1.00 per day

Contact Info:

PETS 1 1 Voyage LA  Meet Patrick Bertagna of GTX Corp  Voyage LA  Meet Patrick Bertagna of GTX Corp 1 year Anniversary   Cancun   Isla Mujeres 007 1 Voyage LA  Meet Patrick Bertagna of GTX Corp Clinton Portis 1 Voyage LA  Meet Patrick Bertagna of GTX CorpGTX Corp 092110 1 Voyage LA  Meet Patrick Bertagna of GTX CorpSmartSole UN 7 14 1 Voyage LA  Meet Patrick Bertagna of GTX CorpPhoto 4 1 Voyage LA  Meet Patrick Bertagna of GTX Corp

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​​Equities.com- Why CES 2018 Could Be a Major Coming Out Party for GTX Corp and Its Expanded IoT Offerings

 ​​Equities.com  Why CES 2018 Could Be a Major Coming Out Party for GTX Corp and Its Expanded IoT Offerings

With the largest tech conference set to kick off this week, the 2018 Consumer Electronics Show (CES) promises to once again highlight all the best new products and innovations set to hit the market this year. Among the most watched trends will be the latest applications in the Internet of Things (IoT) technology, health-tracking wearables and artificial intelligence. For GTX Corp (GTXO), the event serves as a perfect launching pad for the company’s 2018 rollout of its leading IoT and GPS-based wearable tracking products and services. Riding high on the significant momentum it established in 2017, GTX is as primed as ever for a breakthrough year.

At CES, GTX will be presenting its new Biometric Insoles alongside its partner Veristride. The collaboration, which began in August 2017, set out to develop and launch a suite of biometric solutions embedded in insoles with the primary goal of helping senior citizens avoid falling, which is a major problem as an estimated 2.8 million older people are treated in emergency departments for fall injuries each year. These fall injuries result in an estimated $31 billion in direct medical costs annually on an inflation-adjusted basis. Using custom sensors at the foot, the Biometric Insoles collect movement and activity data for gait analysis to provide better insight into fall risk detection and prevention for seniors. This product will expand GTX’s senior target audience from the 6 million currently diagnosed with Alzheimer’s to the 72 million baby boomers in the US. The Company is also looking at other applications for younger adults that want to monitor daily activity, the professional sports community and military.

This innovative technology will be on full display on Thursday, January 11 from 2:00 pm to 5:00 pm PST at the Las Vegas Westgate Tower in hospitality suite 310. Executives from both GTX Corp and Veristride are also accepting one-on-one meetings throughout CES week. (Those interested in scheduling an appointment can email info@gtxcorp.com with the subject line “CES Meeting”.)

“Despite preventive efforts, falling continues to be a major problem for seniors both at home and in community or assisted living facilities, not to mention the tremendous cost to the healthcare industry,” Patrick Bertagna, GTX Corp CEO, stated recently. “’By simply wearing a pair of biometric insoles, we will be able to monitor a person’s activity and any change in balance which in many cases can tell us a lot about that person’s overall well-being. Seniors need to stay as active as possible, but many times due to aging, fear, loss of motor skills or loss of memory, they become sedate, which leads to a decline in overall health. Our goal is to provide seniors with wearable technologies that empower them to stay active while not compromising their safety. Being able to prevent, delay or accurately predict falls, undetected strokes, affect from medicines and even early onset of dementia by wearing a smart non-intrusive footwear device can offer significant improvements in senior care and wellness along with substantial cost savings.”

 ​​Equities.com  Why CES 2018 Could Be a Major Coming Out Party for GTX Corp and Its Expanded IoT Offerings

In addition to the Biometric Insoles, GTX will be showcasing to its flagship GPS SmartSole® line for seniors and caregivers, as well as its new offerings scheduled to launch in 2018. This includes the GPS SmartSole® for the children’s market, the GPS InvisaBelt designed for toddlers, and the Armatrak GPS Rifle Tracker for the defense industry.

This robust product portfolio highlights GTX’s promising year ahead, leveraging its many successes in 2017 to capitalize on a number of emerging tailwinds.

For example, in November, the US Senate Judiciary Committee voted to move forward with bipartisan legislation to provide tracking devices and resources to those with autism and other developmental disabilities at risk of wandering. Known as Kevin and Avonte’s Law, the bill is an updated version of companion bills that were previously passed by the Senate and the House.


That development dovetailed very timely with GTX’s earlier announcement of its first product launch into the children’s market with Take-Along Friends, a line of plush dolls embedded with the company’s award-winning GPS tracking technology. This was a very significant milestone for the company, opening an enormous addressable market in need of its devices. An estimated 800,000 children are reported missing each year in the United States – equating to roughly 2,000 per day, according to the National Center for Missing and Exploited Children. GTX Corp.’s tracking technology empower parents to enhance the safety and security of their family needs.

 ​​Equities.com  Why CES 2018 Could Be a Major Coming Out Party for GTX Corp and Its Expanded IoT Offerings

“For the last two years, we’ve really focused on expanding distribution,” Bertagna told Equities.com in September. “We have distributors throughout most of the first-world countries and service subscribers in 35 countries. We have a lot of distributors in Europe, Central and South America, and starting to expand into Asia and the Middle East, and even starting to get into Africa somewhat. So, we really believe in building our global distribution channels.”

The company can now leverage that distribution network with its various offerings. Bertagna added in the interview, “We’re looking at doing some more business in the biometric space. It’s something we’re starting to put a lot of emphasis on, specifically with fall detection and prevention. We have also been working closely with military for the last year and half, and we’re expecting to do more with them in 2018. So, military, biometrics, children’s market and home health applications are on our roadmap as products and services to bring into our distribution pipeline.”

It’s clear that this is the year the rubber meets the road for GTX’s growth strategies, which has found firm footing in various markets. In addition to Veristride, the company has key partnerships on multiple fronts, which includes:

  • ORBOCOMM (ORBC). Providing connectivity and distribution for the new Verizon enabled GPS tracking devices.
  • TruSense. GTX’s first entry into the Smart Home market. Working with TruSense to track daily activities, health patterns and other variables to address the needs of a household.
  • Edwards Air Force Base. Providing Edwards AFB with an encrypted GPS technology platform to track on-base personnel and equipment. Edwards AFB will be the first military base to deploy the new system. The US maintains over 800 military bases around the world, and GTX has already begun discussions with other bases in California, Nevada and Utah.
  • HeartMath. Alliance with this world leader in stress and resilience technologies. GTX has created a health guide available to GPS SmartSole caregivers.

In addition, GTX continued to garner industry acclaim in 2017 for its leading technology, including nominations in three separate categories for the 2017 Uppie Awards, Most Innovative Tracking & Recovery Technology winner in the 2017 Telecoms Awards, one of the 25 Most Empowering IoT Companies by 1IT Enterprise Magazine in 2016, and finishing second only to Microsoft (MSFT) in the 2015 CTIA E-Tech Awards in the Wearables, Health, Fitness & Wellness category.

With a number of emerging technology and broader market trends coalescing with the company’s stellar execution of its strategic roadmap, it’s increasingly evident that GTX is primed for a big year in 2018.


In the interest of full disclosure, we call the reader’s attention to the fact that Equities.com, Inc. is compensated by the companies profiled in the Spotlight Companies section. The purpose of these profiles is to provide awareness of these companies to investors in the micro, small-cap and growth equity community and should not in any way be considered as a recommendation to buy, sell or hold these securities. Equities.com is not a registered broker dealer, investment advisor, financial analyst, investment banker or other investment professional. We are a publisher of original and third party news and information. All profiles are based on information that is available to the public. The information contained herein should not be considered to be complete and is not guaranteed by Equities.com to be free from misstatement or errors. The views expressed are our own and not intended to be the basis for any investment decision. Readers are reminded to do their own due diligence when researching any companies mentioned on this website. Always bear in mind that investing in early-stage companies is risky and you are encouraged to only invest an amount that you can afford to lose completely without any change in your lifestyle. Equities has been compensated with cash, common shares and/or warrants for market awareness services provided.

DISCLOSUREThe views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

https://www.equities.com/news/why-ces-2018-could-be-a-major-coming-out-party-for-gtx-corp-and-its-expanded-iot-offerings

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GPS SmartSole will be on the Kardashians this Sunday night E channel 6:00 PM PST

Screen Shot 2018 01 06 at 11.37.48 PM GPS SmartSole will be on the Kardashians this Sunday night E channel 6:00 PM PST

GPS SmartSole will be on the Kardashians this Sunday night E channel  6:00 PM PST

Here is a little sneak preview!

YouTube – over 275,000 views

https://www.youtube.com/watch?v=IpjK885tG2c

E Online

www.eonline.com/shows/kardashians/news/903498/keeping-up-with-mj-kris-jenner-puts-a-tracking-device-in-her-mom-s-shoes-to-keep-tabs-on-her-on-kuwtk

Instyle

http://www.instyle.com/news/kris-jenner-mom-tracking-device

Screen Shot 2018 01 06 at 11.42.55 PM 1024x511 GPS SmartSole will be on the Kardashians this Sunday night E channel 6:00 PM PST

Screenshot 20180106 001031 GPS SmartSole will be on the Kardashians this Sunday night E channel 6:00 PM PST

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GTX Corp and Veristride Presenting Biometric Insoles at CES 2018

Also previewing new children’s GPS SmartSole® and Armatrak Rifle Tracker

Biometric Insole Header GTX Corp and Veristride Presenting Biometric Insoles at CES 2018 

LOS ANGELES, CALIFORNIA – January 4, 2018 – GTX Corp (OTCBB: GTXO)an Internet of Things (IoT) solutions provider in the personal location, wearable and wandering assistive technology business, announced today that it will be presenting its new Biometric Insoles and previewing some of its other new products scheduled for launch in 2018, including the children’s GPS SmartSole®, GPS InvisaBelt designed for toddlers and the Armatrak GPS Rifle Tracker, at the annual Consumer Electronics Show (CES) in Las Vegas January 9-12. Executives from GTX and the Company’s strategic partner, Veristride, will be scheduling one-on-one appointments throughout the week.

For those interested in learning more about this ground breaking and cost savings technology can stop by Thursday, January 11 from 2:00 to 5:00 PM PST in hospitality suite 310 at the Las Vegas Westgate Tower. To schedule a meeting please send an email with CES Meeting in the subject line to info@gtxcorp.com.

GTX Corp and Veristride began collaboration in August of 2017 to develop an easy to use, nonvisible, inductive charging, wearable gait solution to analyze movement and activity, using custom sensors at the foot and biomechanical analytics and algorithms to provide gait analysis and movement which is considered a key metric in fall risk detection and prevention for people 65 and older. Gait analysis can also help detect if there is a sudden adverse reaction to new or existing medication, an undetected stroke or even early onset of dementia – all of which for seniors is vital to their wellness, longevity and quality of life, while prevention and early detection can save millions of dollars in healthcare costs.

  • Each year, 2.8 million older people are treated in emergency departments for fall injuries.5
  • Over 800,000 patients a year are hospitalized because of a fall injury, most often because of a head injury or hip fracture.5
  • Adjusted for inflation, the direct medical costs fall injuries are $31 billion annually.10 Hospital costs account for two-thirds of the total.

Patrick Bertagna, GTX Corp CEO, commented, “Despite preventive efforts, falling continues to be a major problem for seniors both at home and in community or assisted living facilities, not to mention the tremendous cost to the healthcare industry. By simply wearing a pair of biometric insoles, we will be able to monitor a person’s activity and any change in balance which in many cases can tell us a lot about that person’s overall well-being. Seniors need to stay as active as possible, but many times due to aging, fear, loss of motor skills or loss of memory, they become sedate, which leads to a decline in overall health. Our goal is to provide seniors with wearable technologies that empower them to stay active while not compromising their safety. Being able to prevent, delay or accurately predict falls, undetected strokes, affect from medicines and even early onset of dementia by wearing a smart non-intrusive footwear device can offer significant improvements in senior care and wellness along with substantial cost savings.”

According to research by Frost and Sullivan, the Internet of Medical Things (IoMT) is poised to reach $72 billion by 2021. Given the economic promise of IoMT, GTX and Veristride are committed to developing and launching a suite of biometric solutions embedded in insoles.

Stacy Bamberg, Veristride CEO, added, “We are excited to present and demonstrate our gait analytics technology at CES. The biometric insoles will address many important needs for the senior community and help remedy the physical, emotional and financial stresses due to falling. By providing constant symmetry information anytime and anywhere, without having to go to a doctor’s office or see a physical therapist, will help drastically improve how people live their lives and the healthcare industry manages costs.”

Seniors, as well as their loved ones and caregivers, often feel ‘in the dark’ about walking abilities and fall risks. When going through physical rehabilitation, patients often feel more comfortable walking in the physical therapist’s office or when at home healthcare therapist visits, because these skilled professionals can provide immediate feedback on symmetry etc. Loved ones and caregivers often struggle to know how to support patients, because “looking great” is meaningless to patients who are limited by their injury to sense improvement.

GTX Corp has been at the forefront of wearable technology and holds numerous patents in the field of wireless communications and embedding miniaturized electronics inside footwear. With several footwear based wearable tech products in the marketplace and more expected out this year, the Company’s patented flagship GPS SmartSole® is a perfect fit for the Veristride gait analytics and fall detection technology. The GPS SmartSole comes in several trim to fit sizes for both men and women, are water resistant, made with the highest quality electronic components and assembled in Rhode Island, U.S.A.

 

About Veristride

Veristride, Inc. analyzes movement at the source, enabling users to heal, excel and thrive. High fidelity sensors at the foot interface paired with state of the art biomechanical analysis allow Veristride to analyze how people walk, run and move. Built on over 15 years of research, Veristride’s approach caters to a wide range of users from individuals to trainers to organizations. In healthcare, Veristride’s PT Metrix system is used by physical therapists who work with individuals faced with mobility challenges. Both clinicians and their patients need better information about progress and symmetry using cues and analytics to measure outcomes.

Online: http://www.veristride.com

 

Social media – #ptmetrix

https://www.facebook.com/veristride

https://www.twitter.com/veristride

https://www.linkedin.com/company/veristride

General information and press kit:

+1.801.610.9816

innovate@veristride.com, pr@veristride.com, ces2018@veristride.com

http://www.veristride.com/presskit

 

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, enterprise and military 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 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 Track My Workforce | GTX Corp www.gpssmartsole.com        

 

Social media – #withyou     #smartsole #connectedandprotected         #trackwhatyoulove

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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GTX Corp Third Quarter 2017 Summary Results

LOS ANGELES, CA – November 20, 2017 – GTX Corp. (OTCQB: GTXO), an IoT platform and provider of personal location GPS wearable technology and wandering assistive technology, announces financial summary for the third quarter ended September 30, 2017.

Third Quarter Highlights:

  • Product revenues increased by 7% over 2016 comparable period
  • Service revenues increased by 8% over 2016 comparable period
  • COGS decreased 20% from 2016 comparable period
  • Product & Service Gross Margins increased from 41% to 56% over 2016 comparable period
  • Professional fees decreased 40% from 2016 comparable period
  • G&A decreased 18% from 2016 comparable period
  • Total operating expenses decreased 6% from 2016 comparable period

Nine Month Highlights:

 

  • Product revenues increased by 17% over 2016 comparable period
  • Service revenues increased by 12% over 2016 comparable period
  • COGS decreased 11% for 2016
  • Gross margins increased from 30% to 46% over 2016 comparable 9 month period

 
During the period ending September 30, 2017, the Company received a contract from the Department of the Air Force to supply Edwards Air Force Base (AFB) with a non-cellular, encrypted GPS technology platform in order to track personnel and equipment on the base. Edwards AFB will be the first military base to deploy this new GPS system developed and manufactured by GTX Corp for large scale installations and bases that need to monitor the location and movement of both human and non-human assets, but due to their remote location or lack of conventional cellular coverage, the system needs to transmit through RF technology, report latitude and longitude coordinates every second and encrypt the data transmission. The Personnel/Equipment Tracking System (PETS) will have solar panels to achieve several months of battery life and a base station that collects the encrypted data for display providing real time updates on every moving asset on the base.

Under the AFB contract, GTX Corp will be responsible for the manufacturing, installation and ongoing maintenance and support of the PETS platform. The Company plans to start delivering parts of the contract in the coming weeks and throughout the remainder of 2017 and into 2018. All of the hardware, software and firmware is expected to be designed, manufactured and coded by the Company at its headquarters in Los Angeles, California. GTX has also design the PCB boards in house in order to keep tight control of the entire design and manufacturing processes.

The Company also partnered with ORBCOMM Inc. (NASDAQ: ORBC), to provide connectivity and distribution in the U.S. for its new Verizon GPS SmartSole(r) product which will operate on the Verizon nationwide network.

The Company signed a collaboration agreement with Veristride, Inc., a company that specializes in gait movement and analysis using custom sensors at the foot and biomechanical analytics to provide feedback on how people walk, run and move. Under the agreement GTX will incorporate its inductive charging technology, look at ways to enhance and miniaturize the electronics, develop a Low Energy Blue Tooth (BLE) gateway and embed the final hardware assembly into a SmartSole. The two companies also plan to explore having GTX do the commercial manufacturing of the products that are currently in development. The business value of analyzing gait and gait technology is significant in fall risk detection and prevention, medication reaction, undetected stroke and early prediction of dementia. Being able to accurately monitor changes in gait/stride or activity levels specifically for seniors can have a major impact on their morbidity and mortality. Despite extensive preventive efforts, falling continues to be a major problem for seniors both at home and in community living facilities. Being able to accurately predict falls, strokes or early onset of dementia by wearing a smart non-intrusive footwear device can offer significant advancements in senior care and wellness. We are on track to have prototypes and working samples by the end of the year and both companies have already received interest from health institutions looking to pilot this innovative technology or to provide grant money.

The Company also partnered with TruSense which combines wireless sensors, Amazon Echo Dot and GPS Technology including GTX’s GPS SmartSole(r) to track daily activities, health patterns and variables, to address the needs of an entire family. This is GTX’s first entry into the Smart Home business and links the GPS SmartSoles with the Amazon voice activated Echo Dot. A TruSense user can ask Alexa where is grandma and receive a voice reply, “Grandma is at 117 W 9th St. in Los Angles California.”

The Company also formed a strategic alliance with HeartMath(r), Inc., an acknowledged world leader in stress and resilience technologies. Dr. Deborah Rozman, President of HeartMath Inc., has worked with thousands of health professionals, and hundreds of hospitals and clinics and through the partnership we created a health guide now available to the GPS SmartSole caregivers which are looking for tools that can help them cope with the physical, emotional and many times financial stress which comes from 24/7 caregiving.

As expected we have now received the first prototypes of The SmartSole lite, which are being developed for lower disposable income markets and more of general population use, and plan to begin field testing in December and go into production in Q1 2018.

On the IP front, Inventergy continues to solicit licensing agreements and has hired a law firm to start litigation with several identified companies in the GPS industry.

Patrick Bertagna, GTX Corp CEO, commented, “This was a fruitful quarter for us in terms of new business and product development. We added a new product line and vertical channel with our PETS military platform. We expanded our SmartSole platform by adding the bio metrics gait analysis and with the development of a smaller lower cost GPS Smartsole both expected to launch in Q1 2018. We also formulated new partnerships with Orbocom, Verizon, Veristride, TrueSense and HeartMath. And we made significant progress on our IP monetization campaign and overall IP portfolio, more news to come shortly. While revenues grew at a modest pace, we still managed to accomplish a lot in business and product development, while lowering our operation costs, increasing subscribers and subscriber revenues, lowering our cost of goods and growing product and service margins. As we drive towards cash flow positive by adding more subscribers we are also evaluating new opportunities to create additional revenue streams from all our assets. I want to thank our team, shareholders, stakeholders, partners and vendors for your continued support.”

About GTX Corp

GTX Corp (GTXO) is a pioneer in Smart, Mobile and Wearable GPS, cellular and BLE tracking and recovery location based services. Through its proprietary enterprise monitoring platform and licensing, subscription recurring revenue business model, GTX Corp offers a complete end-to-end solution of hardware, software and connectivity, backed by an extensive portfolio of patents, patents pending, registered trademarks, copy rights and URL’s.   Headquartered in Los Angeles, California, with distributors in over 14 countries, GTX is known for its game-changing patented GPS Smart Shoe, 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    #connectedandprotected

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 SmartSole

 

GTX Corp United Kingdom

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

Email: nsriddle@gtxcorp.com

Tel: +44 7785 364100

 

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

 

Forward Looking Statements

This news release contains forward-looking statements. The terms and phrases “expects,” “would,” “will,” “believes,” and similar terms and phrases are intended to identify these forward-looking statements. Forward-looking statements are based on estimates and assumptions made by GTX in light of its experience and its perception of current conditions and expected future developments, as well as other factors that GTX believes are appropriate in the circumstances. Many factors could cause GTX’s actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements. 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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