GTX Corp Reports Third Quarter 2016 Financial Results

Increased Revenues, Margins, Subscribers and Distribution Partners

LOS ANGELES, CA – November 15, 2016 – GTX Corp. (OTCQB: GTXO), an IoT platform and leading provider of personal location GPS, BLE, cellular and RFID, tracking and monitoring wearable technology and wandering assistive technology, announced financial results for the third quarter ended September 30, 2016.

Q3 Highlights

  • Revenue increased 99% over 2015 comparable period
  • Subscriber revenue increased 139% over 2015 comparable period
  • Gross profit margin increased from 24% to 65% over 2015 comparable period
  • Operating expenses decreased 17% over 2015 comparable period
  • Net operating losses decreased 34% over 2015 comparable period
  • Delivered our first military test order
  • Expanded distribution into Mexico

Q3 Initiatives included increasing our customer and subscriber base, formulating our patent monetizing strategy for next year, delivering our new GPS/RF product line, exploring new BLE and RF business opportunities with our channel partners and increasing overall margins through cost reductions and better operational efficiency.  

During Q3 the Company focused on basic fundamentals, such as growing revenues, improving customer service, working more closely with channel partners, exploring regional opportunities and ways to augment our GPS platform with new technologies such as low energy blue tooth and RF in regional markets and identifying new IP monetization strategies and growth opportunities for 2017.

Both RF and BLE technologies will start playing a more significant role in future product roll outs and will be part of a suite of new product offerings scheduled to come out over the next 6 months.

Our first new product using GPS and RF technology was delivered this quarter to a military base in Southern California. The Company delivered a new wide-area tracking system in the ISM 900MHz band, with 256-bit AES encryption, and up to 40-mile line-of-sight range with high-gain antennas. The system is a GPS and RF personnel, vehicle and asset tracking solution designed to provide ground situational awareness and real-time surveillance of all personnel and equipment traveling within a designated area, ranging from 2 – 200+ square-miles. Strategically deployed repeaters can extend this range and overcome “dead zones” due to rugged terrain, while the solar panels and extended battery will allow deployment of the repeaters to areas without existing power sources, making this solution ideal for military installations, oil rigs or any large area where cell coverage and or power is not available.  Both the hardware and software are designed and manufactured in house, proving the Company with vertical manufacturing to delivery capability.

On the SmartSole production front, 750 units of version 1.25 GPS modules were manufactured and 300 units of version 1.5 were ordered and will go into production in December.

Patrick Bertagna, GTX Corp CEO, stated, “This was our 3rd quarter in a row with double digit revenue increases and a 99% increase over the same period last year. We are holding a steady positive trend of higher revenues, new revenues, higher margins, lower expenses and lower losses for both the 3 month and 9 month ending period 2016. The wearable technology industry is expected to see another big forecast jump to an estimated $25 billion by 2019 and is showing no signs of slowing down, which is very good news for GTX stake holders. Our early entry into this industry with patent filing dates going back to 2002, our brand recognition, industry knowledge and staying power is opening up incredible new opportunities for us. Limited capital is still a challenge for us to grow quickly, but we are growing and remain as committed and passionate as ever. Additionally management has elected to transfer accrued salaries into long-term convertible promissory notes, due on December 31, 2018. The total amount of salaries converted was $318,671, bringing down our outstanding accounts payable by 44%. Management will have the ability to convert up to 50% of their note into equity which is currently set at a fixed above market price, reflecting the continued long term commitment by senior management.”

For the remainder of the year, GTX Corp will continue to advance its next-gen technologies and take action aligned with its broader growth strategy, which includes:

  • Increasing sales in all product categories
  • Increasing our global subscriber base
  • Supporting our partners growth initiatives
  • Scaling and streamlining manufacturing and distribution  processes
  • Introducing new products into new markets
  • Applying for additional reimbursement codes
  • Working with local, federal and international government agencies
  • Building brand and product awareness
  • Building out corporate infrastructure to support growth in 2017

About GTX Corp

GTX Corp (GTXO) is a pioneer in IoT wearable technology and a thought leader in enterprise 2 way GPS real-time personal location based services. Founded in 2002, headquartered in Los Angeles, California, with distributors in over 14 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

Consumer Purchase of GPS SmartSoles

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General information, licensing or investor relations:

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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.

share medium GTX Corp Reports Third Quarter 2016 Financial Results

GTX Corp and RACO Industries Sign Distribution Agreement to Sell SmartSoles

LOS ANGELES, CALIFORNIA –July 13, 2016 – GTX Corp (OTCBB: GTXO), an IoT platform in the personal location GPS wearable and wandering assistive technology business announced the signing of a distribution agreement with , a GPS application solutions integrator headquartered in Cincinnati Ohio. The agreement grants RACO exclusive distribution rights to the Location Based Services industry in the United States for the GPS SmartSoles and other GTX Corp products. In order to maintain exclusivity, RACO is committing to purchasing a minimum of 15,000 units over the next 3 years.

Established in 1988, RACO is a privately held company founded by Rob Adams who was also the founder of RacoWireless. “The GPS SmartSole technology is a natural extension of our existing GPS tracking business. We are excited to partner with GTX Corp to provide assistance to those who suffer from cognitive disorders,” says Rob Adams, CEO of RACO Industries.

“As we continue to expand our channels of distribution we are excited to bring on a new partner in the U.S. that has a deep understanding of systems integration and the overall GPS/Wireless industry, stated Patrick Bertagna GTX Corp CEO.

GTX Corp’s patented GPS SmartSoles®, which were featured in AARP’s 2015 technology gear guide are a stigma free, safety and security unobtrusive monitoring and tracking solution for those afflicted from Alzheimer’s, dementia, autism, TBI and other memory disorders and have a tendency to wander. They are placed in the wearer’s shoes and contain a miniaturized GPS tracking chip connected through a cellular network that sends a signal to a monitoring portal 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 water resistant, 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 caregiver’s phone and computer with a direct link to a Google map plotting the wanderer’s location.  Alerts can be directed to a local authority and/or a private Call Centre to provide continuous monitoring and support.

Currently Alzheimer’s and dementia impacts over 6 million people in the U.S. with predictions of 16 million by the year 2050. Alzheimer’s is such a demanding condition, that it often impairs the health of those caring for the victims. Nearly 10 million caregivers, mostly family members, spend $148 billion dollars year for the care of their loved ones.

About RACO Industries, LLC

RACO Industries, LLC is an industry-leading integrator of mobile data collection solutions, ID card printing systems, mobile content deployment, wireless data and professional services.  RACO’s business solutions encompass most barcoding, card, and GPS application to enhance productivity and services of the mobile workforce. RACO Industries provides clients with real-time visibility to their mobile information at the point of service. Their customer base of logistics, transportation, manufacturing and service organizations rely on RACO to improve efficiencies and reduce costs.

About GTX Corp

GTX Corp (GTXO) is a pioneer in Smart, Mobile and Wearable GPS, cellular and BLE tracking and recovery technology. Headquartered in Los Angeles, California, with distributors in over 14 countries, GTX is known for its game-changing and award-winning patented GPS Smart Shoe, blockbuster Smartphone GPS Tracking App, and innovative GPS and BLE SmartSole. GTX provides solutions that answer the where question: where is my mother, child, employee, vehicle, drone and high value assets. Through a proprietary global enterprise IoT monitoring platform and licensing subscription business model, the Company offers a complete end to end solution of hardware, middleware, apps, connectivity and professional services. Letting you know where or how someone or something is at the touch of a button, delivering security and peace of mind in an instant. GTX Corp also owns and operates LOCiMOBILE, Inc which develops applications for smart phones and tablets and Code Amber Alertag. The Company has a comprehensive intellectual property strategy and owns an extensive portfolio of patents, patents pending, registered trademarks, copy rights and URL’s and was featured in a 38 page research piece which outlines the value proposition of the Company’s IP portfolio and more recently in the SeeThruEquity research report.

The patented GTX Corp wearable technology products and tracking devices, enable wearers to be monitored remotely, thereby helping to ensure their safety in case they wander or become lost due to cognitive disorders such as Alzheimer’s, dementia, autism and TBI. For more information on the Company’s flagship product the GPS SmartSole visit us:

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

Social media #withyou #smartsole

www.facebook.com/gtxcorpcom

www.twitter.com/gtxcorp

www.pinterest.com/gtxcorp

www.instagram.com/gtxcorp

www.linkedin.com/in/gtxcorp

General information, licensing or investor relations email:

info@gtxcorp.com

ir@gtxcorp.com

213.489.3019

 

GTX Corp United Kingdom

In the UK, GTX Corp operates from offices in London and its Dublin-based European distribution center.  For more information, please contact: Nelson Skip Riddle contact details are:

Email: nsriddle@gtxcorp.com

Tel: +44 7785 364100

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

 

Forward Looking Statements

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

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share medium GTX Corp and RACO Industries Sign Distribution Agreement to Sell SmartSoles

GTX Corp Comments on 2015 Performance and 2016 Roadmap

Revenues increased 225%, Net profit increased 135%, Net losses decreased 29%

Los Angeles, Calif. – April 22, 2016GTX Corp (OTCBB: GTXO), an IoT platform in the personal location wearable and wandering assistive technology business, announced today commentary on the Company’s financial results and operational highlights for year-end December 31, 2015.

2015 Milestones:

  • Launched GPS and BLE Patented SmartSoles
  • Added channel partners in 14 countries
  • Added a Fulfilment center in Ireland to service European customers
  • Built a domestic network of salereps, online affiliates and retail stores
  • Have reimbursement codes or vendor numbers in 5 States
  • Strengthened and grew our IP portfolio –  granted new patents and filed new patents
  • Developed our next generation SmartSole®
  • Signed global connectivity agreement with Telefonica
  • Added 4 retired and active professional athletes as brand ambassadors for a total of 6
  • Year over year- revenues up, losses down and average revenue per subscriber (RPS) up by over 400%

Management commentary:  Patrick Bertagna, CEO of GTX Corp.

2015, as highlighted above, was a good year overall. We increased revenues, grew our subscriber base, added partners across the globe and increased our RPS over 400%. We added patents, sales reps, online affiliates, brand ambassadors, employees, advisors, website clicks and hits, and we are still on page one in a google search for GPS Wearable Technology. Compared to 2014 we made a lot of progress and we will continue to make progress in 2016. But our long term progress cannot always be measured in three month increments and our ebbs and flow should not be confined to a quarterly filing, especially where we are today in our growth cycle. Our drop in revenues in Q4 was not related to any slowdown in momentum, but rather due to the growing pains many emerging companies go through. We basically needed to manage inventory and make sure we would have enough on hand to fulfil our consumer orders, which were showing a steady month over month increase. In addition, many of our international distributors were waiting for our next generation SmartSole with an embedded SIM card. With consumer sales increasing and next gen product due in Q1, we decided to hold off shipping our international distributors to ensure there would be no interruption of product supply in the U.S., hence less product was shipped in the fourth quarter.

Looking forward, our long term growth strategy is based on selling solutions to a “needs” market and protecting our products with intellectual property. Our SmartSoles address the “needs” market, which comprises of persons with Alzheimer’s, autism, dementia, and traumatic brain injury, all of which have high tendencies to wander, do not want to be stigmatized with visible devices on them and need to be tracked regularly.  Our SmartSole is a “best in class” product for this demographic and we protect our product and this market with an extensive IP portfolio including the ‘286’ patent family, which is not restricted to footwear but has a far broader reach. 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 and Smartphones.

Currently there are 100 million people worldwide who are part of this wandering 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 growing global population is the most effective way for us to gain traction in the market place. That traction is measured by how many subscribers we have and revenue per subscriber (RPS) which both significantly increased this year for us.

As we move forward into 2016, our focus continues to be on building our sales and distribution channels. We believe our next gen SmartSoles are going to be very well received in the global market place and we already have potential new distributors and OEM partners in new territories and vertical markets ordering samples for evaluation. We also plan to introduce a new revenue stream coming from our recent activity with our patents and will start actively pursuing IP licensing opportunities.

We believe 2016 will continue to grow and trend, and I want to thank our team, partners, shareholders and all the stakeholders that have supported us and continue to support us.

About GTX Corp

GTX Corp (GTXO) is a pioneer in Smart, Mobile and Wearable GPS, cellular and BLE tracking and recovery technology. Empowering the global community and keeping you connected to who and what matters most with tracking and recovery location based services. Headquartered in Los Angeles, California, with distributors in over 14 countries, GTX is known for its game-changing and award-winning patented GPS Smart Shoe, blockbuster Smartphone GPS Tracking App, and innovative GPS and BLE SmartSole. GTX provides solutions that answer the where question: where is my mother, child, employee, vehicle, drone and high value assets. Through a robust global enterprise IoT monitoring platform and licensing subscription business model, the Company offers a complete end to end solution of hardware, middleware, apps, connectivity and professional services. Letting you know where or how someone or something is at the touch of a button, delivering security and peace of mind in an instant. GTX Corp also owns and operates LOCiMOBILE, Inc which develops applications for smart phones and tablets and Code Amber Alertag. The Company has a comprehensive intellectual property strategy and owns an extensive portfolio of patents, patents pending, registered trademarks, copy rights and URL’s and was featured in a 38 page research piece which outlines the value proposition of the Company’s IP portfolio and more recently in the SeeThruEquity research report.

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

Social media – #withyou #smartsole

www.facebook.com/gtxcorpcom

www.twitter.com/gtxcorp

www.pinterest.com/gtxcorp

www.instagram.com/gtxcorp

 

General information, licensing or investor relations email:

info@gtxcorp.com

213.489.3019

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 Comments on 2015 Performance and 2016 Roadmap

GPS SmartSole Showcased with Telefonica at CeBIT 2016

LOS ANGELES, CALIFORNIA –March 14, 2015 – GTX Corp (OTCBB: GTXO), an IoT platform in the personal location wearable and wandering assistive technology business, will be showcasing its flagship GPS SmartSole at CeBIT in Hanover Germany March- 14-18 on the Telefonica M2M Alliance stand in Hall 13, Stand D082.

CeBIT is the largest and most internationally represented computer expo. The trade fair is held each year on the Hanover fairground, the world’s largest fairground, in Hanover, Germany. It is considered a barometer of current trends and a measure of the state of the art in information technology.

Telefónica will be presenting the latest developments around the theme of connectivity showcasing the GPS SmartSole® and other unique and flexible business solutions in the areas of Machine 2 Machine (M2M) and the Internet of Things (IoT).

In addition to the Telefonica staff, Eric Gnass, CEO of way4net, the German distributor for the GPS SmartSoles will be in attendance. Eric commented, “We are very excited to be working with GTX Corp and Telefonica to bring the GPS SmartSole to such an important show as CeBIT.’’

Andrew Duncan head of international business development for GTX Corp commented, “Telefonica has been instrumental in helping us explore business opportunities across Germany, Spain, and other countries in Europe and Latin America.  We were extremely pleased to hear that Telefonica is showcasing our GPS SmartSoles and to have our German distribution partner way4net participate.”

GTX Corp’s flagship product, the GPS SmartSoles are a stigma free, safety and security unobtrusive monitoring and tracking solution for those who suffer from Alzheimer’s, dementia, autism, TBI and other memory disorders and have a tendency to wander. The patented GPS SmartSoles, which were recently showcased in Munich, at the Telefonica 2015 Innovation Conference Digital Innovation Day 2015, featured in AARP’s 2015 technology gear guide and came in 2nd place, with Microsoft finishing 1st and Samsung taking 3rd place, in the 2015 Wearables, Health, Fitness & Wellness category at CTIA’s Hot for the Holidays Awards competition, are placed in the wearer’s shoes and contain a GPS tracking chip connected through a cellular network that sends a signal to the GTX Corp proprietary IoT platform monitoring website or smart phone app, showing the exact location of the individual wearing them. They come in several trim to fit sizes for both men and women, are water resistant, made with the highest quality German electronic components and assembled in Rhode Island, U.S.A.

About GTX Corp

GTX Corp (GTXO) is a pioneer in Smart, Mobile and Wearable GPS, cellular and BLE tracking and recovery technology. Empowering the global community and keeping you connected to who and what matters most with GPS, cellular, BLE tracking and recovery location based services. Headquartered in Los Angeles, California, with distributors in over 14 countries, GTX is known for its game-changing and award-winning patented GPS Smart Shoe, blockbuster Smartphone GPS Tracking App, and innovative GPS and BLE SmartSole. GTX provides solutions that answer the where question: where is my mother, child, employee, vehicle, drone and high value assets. Through a robust global enterprise IoT monitoring platform and licensing subscription business model, the Company offers a complete end to end solution of hardware, middleware, apps, connectivity and professional services. Letting you know where or how someone or something is at the touch of a button, delivering security and peace of mind in an instant. GTX Corp also owns and operates LOCiMOBILE, Inc which develops applications for smart phones and tablets and Code Amber Alertag. The Company has a comprehensive intellectual property strategy and owns an extensive portfolio of patents, patents pending, registered trademarks, copy rights and URL’s and was featured in a 38 page research piece which outlines the value proposition of the Company’s IP portfolio and more recently in the SeeThruEquity research report.

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

Social media – #withyou #smartsole

www.facebook.com/gtxcorpcom

www.twitter.com/gtxcorp

www.pinterest.com/gtxcorp

www.instagram.com/gtxcorp

General information, licensing or investor relations email:

info@gtxcorp.com

213.489.3019

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 SmartSole Showcased with Telefonica at CeBIT 2016

GTX Corp Wins Award in Fifth Annual New Product & Technology Awards Program

2016 01 21 1316 GTX Corp Wins Award in Fifth Annual New Product & Technology Awards Program

LOS ANGELES, CA – January 21, 2016 – GTX Corp (OTC: GTXO), a provider of wearable monitoring and tracking solutions using GPS, Cellular and BLE technology, announces The GPS SmartSoles were a winner in the 2015 New Product & Technology Awards. The program, presented by the Mature Market Resource Center, a national clearinghouse for the senior market, is the first awards program of its kind to recognize the most innovative products & services for older adults and their families.

2016 01 21 1319 GTX Corp Wins Award in Fifth Annual New Product & Technology Awards Program

The GPS SmartSole ® received a Bronze Award for the Wearable Technology category. “We were delighted to take part in the fifth annual New Product & Technology Awards program this year, and were honored to be selected as a winner,” says Andrew Duncan Director of Business Development.

Entries were judged by a distinguished panel of mature market experts from across the United States for overall excellence of design, content, creativity and relevance to the senior market.

GTX Corp (GTXO) was founded in 2002, became publicly traded in 2008, and is headquartered in Los Angeles, California, with a European distribution and fulfilment center in Ireland / U.K.  and international reseller/distributors throughout Europe and Latin America. Known for its game-changing and award-winning wondering assistive GPS SmartSole, the world’s first invisible tracking and monitoring technology. 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 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, while preserving the privacy and dignity of the wearer.

Patti’s Story: Caring for a loved one with dementia

2015 Award Winners

Entries in the 2015 New Product & Technology Awards Program were evaluated by a distinguished panel of judges. Using a rating scale of 1 to 100, each judge evaluated entries using general review criteria. The scores were then totaled and averaged. Gold, Silver, Bronze, and Merit certificates were awarded on the basis of these averaged scores. Note: Entries were judged on their own merit. Gold, Silver, Bronze, and Merit awards were not necessarily given in each division or category.

Click to download the complete list of this year’s winners.

For more information, visit www.gtxcorp.com<http://gtxcorp.com/>
http://blog.qualitystocks.net/gtx-corp-gtxoob/in-the-world-of-wearable-tech-gtx-corp-gtxo-shines/

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

www.trackmyworkforce.net     www.codeamberalertag.com

Social media – #withyou #smartsoles

www.facebook.com/gtxcorpcom

GTX Corp | LinkedIn

www.twitter.com/gtxcorp

www.pinterest.com/gtxcorp

www.instagram.com/gtxcorp


General information, licensing or investor relations email:

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share medium GTX Corp Wins Award in Fifth Annual New Product & Technology Awards Program

SmartSoles in London NRS Telemedicine Conference

GTX Corp showcasing the GPS SmartSoles at the NRS Telemedicine conference

The NRS Telemedicine conference in Reading, just outside of London, attended by health care managers and executives working at the National Health Service focused on revolutionizing healthcare with life enhancing technologies.

The SmartSoles which are designed for tracking and monitoring people with dementia, Alzheimer and autism who have a tendency to wander and get lost, received a very good reaction and we heard several times from attendees –  ” you have the most interesting product here”

IMG 1747 1024x768 SmartSoles in London NRS Telemedicine Conference

gpslondon SmartSoles in London NRS Telemedicine Conference

gpslondon2 SmartSoles in London NRS Telemedicine Conference

 

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

www.trackmyworkforce.net     www.codeamberalertag.com

Social media – #withyou #smartsoles

www.facebook.com/gtxcorpcom

GTX Corp | LinkedIn

www.twitter.com/gtxcorp

www.pinterest.com/gtxcorp

www.instagram.com/gtxcorp


General information, licensing or investor relations email:

info@gtxcorp.com

213.489.3019

ir@gtxcorp.com

share medium SmartSoles in London NRS Telemedicine Conference

The GTX Corp SmartSole Featured in AARP Special Report November 2015

Our GPS SmartSoles are highlighted in the AARP  Caregiving Help From Tech Breakthroughs report.

You can read the full report on the AARP site by Clicking Here

file page1 791x1024 The GTX Corp SmartSole Featured in AARP Special Report November 2015

 

GTX Corp.

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

Social media – #withyou #WAM2015 #smartsoles

www.facebook.com/gtxcorpcom

GTX Corp | LinkedIn

www.twitter.com/gtxcorp

www.pinterest.com/gtxcorp

www.instagram.com/gtxcorp

share medium The GTX Corp SmartSole Featured in AARP Special Report November 2015

GTX Corp (GTXO) CEO Featured in Exclusive QualityStocks Interview

Scottsdale, Arizona – November 23, 2015 — QualityStocks today announces the availability of a new audio interview with Patrick Bertagna, CEO of GTX Corp (OTCQB: GTXO), an IoT platform and leading provider of personal location GPS wearable technology and wandering assistive technology. The interview can be heard at http://www.QualityStocks.net/interview-gtxo.php.

Interview host Stuart Smith starts off the interview by asking Bertagna for a description of the company’s business model, target markets and technology.

“We’re basically an IoT company (Internet of things) and we use GPS, cellular and blue tooth – low energy blue tooth – as our transportation and communication protocols to basically enable people to find other people or high-value assets … tracking people with cognitive disorders is the ‘sweet spot’ … currently there’s approximately 2% of people on earth that have some form of memory disorder – think Alzheimer’s, dementia, autism, traumatic brain injury – and most of these people have one thing in common: they wander. They can just wander off and disappear and if not found within 24-48 hours it could be very dangerous or even perilous,” Bertagna says.

He further explains that GTX’s solution to this danger is its award-winning, patented GPS Smart Sole, which is a non-intrusive, invisible tracking device inserted into the sole of a shoe so caregivers and/or family members can track the individual via a smartphone. 

“That has become our flagship product; that’s what everybody knows us for. It’s not our only product – we’re not a one-trick pony – we certainly have other products and solutions, but that’s the one that’s garnering the most attention … We’ve got a really great product for a very big global market and it’s protected with IP … We sell the product but where we make our money is on the recurring revenues,” says Bertagna, also describing the company’s target market and extensive IP portfolio.

The interview also highlights GTX’s goals for the upcoming year, which include product launches, expanding its distribution channels, implementing corporate initiatives and the development of new technologies.

“We’ve put significant resources into product development, really gearing ourselves up for 2016 … we’re currently selling in 20 countries … and we want to continue developing those relationships outside of the United States,” says the CEO, before providing greater insight into the company’s strategy for increasing its distribution reach.

Concluding the interview, Bertagna explains the company’s rapidly expanding presence in the European market and its strategic partnership with Telefonica, the world’s fifth largest wireless provider, which enables GTX to provide seamless connectivity to its overseas customers.

That is a very significant relationship with us and it has enabled us to unleash our product throughout the whole European market,” he says.

About GTX Corp.
GTX Corp. (GTXO) is a pioneer in IoT wearable technology and a thought leader in enterprise 2 way GPS real-time personal location based services. The Company was founded in 2002, is headquartered in Los Angeles, California, and has distributors in more than 14 countries. GTX Corp. is known for its innovative, game-changing and award-winning GPS SmartSole and its blockbuster Smartphone GPS Tracking App. The Company 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 URLs and was recently featured in a 38-page research piece outlining the value proposition of the company’s IP portfolio, and was also published in a SeeThruEquity research report discussing the underlying value of the Company.

Online: www.gtxcorp.com www.gpssmartsole.com www.locimobile.com
Consumer Purchase of GPS SmartSoles

Social media – #withyou #smartsoles
https://www.facebook.com/gtxcorpcom
GTX Corp | LinkedIn
http://www.twitter.com/gtxcorp
http://www.pinterest.com/GTXCorp/
http://instagram.com/gtxcorp

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.

About QualityStocks

Small Cap Stock Newsletter QualityStocks is a free service that collects data from hundreds of Small-Cap and Micro-Cap online Investment Newsletters into one free Daily Newsletter Report. QualityStocks also utilizes social media and networking to maintain constant communication with its rapidly growing audience. To date, QualityStocks has more than one million users following various social networking accounts.

QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.

The QualityStocks Blog keeps investors up to date on everything related to the Small-Cap and Micro-Cap markets. Alternative fuels and power sources, entertainment media, telecommunications, delivery services, healthcare, and retail are all covered on a regular basis. By visiting our blog, investors also discover emerging companies that they otherwise would not have heard about. To date, more than 20,000 articles have been published via the QualityStocks Blog.

With all of the stock picks and recommendations available today in the investment world, selecting and deciding on the right stocks can be tedious and time consuming. At QualityStocks, we collate hundreds of investment newsletters into The ONE and ONLY “The QualityStocks Daily,” featuring a summary format in which you can view the latest stock picks EVERYDAY.

You can SIGN UP NOW http://Signup.QualityStocks.net

Forward-Looking Statements:

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company’s SEC filings. These risks and uncertainties could cause the company’s actual results to differ materially from those indicated in the forward-looking statements.

Contact:

QualityStocks

Scottsdale, Arizona

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480.374.1336

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GTX Corp to Present at the SeeThruEquity Fall Microcap Investor Conference

LOS ANGELES, CALIFORNIA – September 9, 2015 – GTX Corp (OTCBB: GTXO), an IoT platform in the personal location GPS wearable and wandering assistive technology business announced today that it will present at the See Thru Equity Fall Microcap Investor Conference on Thursday September 10, 2015 in New York City at the Convene Grand Central located at 101 Park Ave. Patrick Bertagna GTX Corp’s CEO will begin the presentation  at 1:00 p.m. ET and will provide insights to the wearable technology industry, a Company overview and most recent financial highlights:

 

  • Revenue increased 275% over 2014 comparable period
  • Subscribers increased 72% quarter over quarter
  • Subscriber revenues increased 136% quarter over quarter
  • Opened a distribution center in Ireland servicing Europe demand
  • Active units in the field and subscribers in over 20 countries
  • Added 3 professional athletes as brand ambassadors
  • Became a member of the United Nations Global Compact
  • Began development of next generation SmartSole

 

The Fall Microcap Investor Conference is the premier microcap conference focused on providing equity research to institutional and high net worth investors. Since its inception in 2011, the firm has grown to over 150 companies under coverage and has successfully hosted 16 investor conferences. This conference will bring together 25 presenting companies with more than 300 attendees. Attendees will enjoy detailed presentations, targeted one on one meetings, and numerous networking opportunities. For more information or to register, please visit the conference website at http://steconference.com.

About SeeThruEquity

SeeThruEquity is an equity research and corporate access firm focused on companies with less than $1 billion in market capitalization. Their research is not paid for and is unbiased. They do not conduct any investment banking or commission based business. They are approved to contribute their research to Thomson Reuters One (First Call), CapitalIQ, FactSet, and Zacks and distribute their research to their database of opt-in investors. They also contribute our estimates to Thomson Estimates, the leading estimates platform on Wall Street. For more information, visit www.seethruequity.com.

About GTX Corp

GTX Corp is committed to pioneering, creating and delivering Smart, Mobile and Wearable IoT Technology. Empowering the global community and keeping you connected to who and what matters most with GPS tracking and recovery location based services!

 

GTX Corp (GTXO) is a pioneer in wearable technology and enterprise GPS real-time personal location based services. Headquartered in Los Angeles, California, with distributors in over 13 countries, GTX is known for its game-changing and award-winning patented GPS Smart Shoe, 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 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 #WAM2015

www.facebook.com/gtxcorpcom

www.twitter.com/gtxcorp

www.pinterest.com/gtxcorp

www.instagram.com/gtxcorp

General information, licensing or investor relations email:

info@gtxcorp.com

213.489.3019

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 to Present at the SeeThruEquity Fall Microcap Investor Conference

GTX Corp Welcomes Super Bowl Champion Sidney Rice as Athlete Endorser and Brand Ambassador

LOS ANGELES, CA, June 30, 2015 – GTX Corp. (OTCBB: GTXO), an IoT platform in the personal location GPS wearable technology and wandering assistive technology business, announced that former NFL Super Bowl Champion wide receiver Sidney Rice has joined the GTX Corp family as one of the Company’s newest athlete endorser and brand ambassador.

After seven seasons in the NFL, Rice attributed his retirement in July of 2014 to concussion concerns. Since retirement, Rice has served as a voice for Traumatic Brain Injury (TBI) awareness and how the lasting effects of concussions can hinder overall brain health. He is an active proponent of concussion awareness, attending and speaking at the 2014 #C4CT Concussion Awareness Summit held at the United Nations Headquarters. In February of 2015, Rice announced that after his death he will donate his brain to science in the hopes of furthering concussion research and generate greater awareness of football’s long-term effects on the brain.

As an athlete endorser for GTX Corp, Rice will work hand-in-hand with the Company to provide insight and champion initiatives for both youths and adults, targeting those suffering from TBI and/or Alzheimer’s disease. Although Rice will help introduce several of the Company’s products, his focus will be on GTX Corp’s flagship product the GPS SmartSole a stigma free, safety and security proactive monitoring and tracking solution for those who suffer from Alzheimer’s disease, dementia, autism, TBI and other cognitive memory ailments and have a tendency to wander.

“Working with GTX Corp helps to expand my message to incorporate those affected by a wider variety of brain disorders such as Alzheimer’s, autism, dementia, and more,” stated Rice. “It’s important to keep the discussion going about brain health, building on the information available and the research being done, in order to ensure procedures are used for prevention and that aftercare is provided for those affected.”

“Sidney is not only a Super bowl Champ, he is a Champion for a cause we are deeply aligned with, commented Patrick Bertagna GTX Corp CEO.” Sidney truly understands the impact of memory loss and how devastating it can be. He retired at the height of his career, still young and healthy, but he knew he had another calling. Some of his team mates will suffer from TBI, many seniors will inevitably be diagnosed with Alzheimer’s and dementia and even though preventions and cures are still work in process, creating awareness and informing those who have symptoms is something we know Sidney will do passionately and with conviction. We are extremely honored to have him join our team.”

About GTX Corp

GTX Corp (GTXO) is a holding company that owns and operates two subsidiaries engaged in the IoT and wearable technology business. GTX was founded in 2002, became publicly traded in 2008, and is headquartered in Los Angeles, California, with a European distribution and fulfilment center in Ireland / U.K.  and international reseller/distributors in Canada, Mexico, Australia, Nepal, Italy, Switzerland, Austria, Sweden, Norway, The Netherlands and Finland that service customers in over 20 countries. And a proud member of the United Nations Global Compact.

Known for its game-changing and award-winning patented GPS Smart Shoe, block buster Smartphone GPS Tracking App, and GPS SmartSole, GTX provides a global monitoring platform and solutions that answer the “where is” question: where is my mother, child, employee, pet, vehicle and high value asset.

Through a robust enterprise 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 smartphones 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, copyrights 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

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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