Gtx Corp Supports National Family Caregivers Month

November is National Family Caregivers Month, with this year’s theme, “Caregiving Around the Clock”, holding special significance to those caring for someone with Alzheimer’s or related dementia.

  • The stress of caregiving for persons with dementia has been shown to impact a person’s immune system for up to three years after their caregiving ends, increasing their chances of developing a chronic illness themselves.
  • Among the largest causes of stress for these caregivers is fear of the person they care for wandering and becoming lost, with 60% of those afflicted becoming lost at least once, and 70% of those becoming lost 3 or more times during the progression of the disease.  There are currently more than 5 million Americans living with Alzheimer’s, projected to more than triple, to more than 16 million, by 2050.

GTX Corp is committed to supporting caregivers, of those both living at home and in senior housing communities, by providing “peace of mind” technology through the GPS SmartSole, the world’s first and only, patented insole-based GPS tracking system.

We have a special discount this month in honor of Family Caregivers. Use Coupon Code CAREGIVER to get $25 off a pair of our GPS SmartSoles or a Take Along Tracker.

If you know a family caregiver, please extend an extra “helping hand” in recognition of National Family Caregivers Month. Whether a meal or an offer to provide supervision while they enjoy an evening out, they deserve a chance to refresh and renew as they give of themselves to help others.

Thank you to family caregivers this month and every day for all you do!  

Video with helpful hints http://caregiveraction.org/national-family-caregivers-month

gtx corp supports national family caregivers month Gtx Corp Supports National Family Caregivers Month

www.gpssmartsole.com

About GTX Corp

GTX Corp (GTXO) is a pioneer in Smart, Mobile and Wearable GPS tracking and recovery location based solutions, supported through a proprietary IoT enterprise monitoring platform. GTX offers a complete end-to-end solution of hardware, software and connectivity. The Company develops 2 way GPS tracking technologies which seamlessly integrate with consumer products and enterprise applications. GTX Corp utilizes the latest in miniaturized, low power consumption GPS, Cellular and BLE technology and offers a proprietary platform that enables subscribers to track in real time the whereabouts of people or high valued assets through a complete end to end – customizable transceiver module, wireless connectivity gateway, smart phone Apps, middleware, and 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

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

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GTX Corp is Presenting at the Southern California Biomedical Council Digital Health Summit

Summit explores the promise of the Internet of Medical Things showcasing leading IoMT technologies developed in Southern California

patrick bertagna socal bio health summit speaker GTX Corp is Presenting at the Southern California Biomedical Council Digital Health Summit

LOS ANGELES, CALIFORNIA – November 1, 2017 – 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 has been invited to participate in the 2017 SoCalBio Digital Health Summit presented by the Southern California Biomedical Council, taking place on Tuesday, November 7, 2017 at the Ronald Tutor Campus Center at USC in Los Angeles, CA.

GTX Corp’s Chief Executive Officer, Patrick Bertagna, will be speaking on the “IoMT and Remote Patient Monitoring” panel taking place from 9:15-10:15am PST. During this panel, Mr. Bertagna and other selected fellow industry experts and key opinion leaders, will discuss how remote patient monitoring and care through IoT platforms can disrupt traditional healthcare delivery models and expand the reach of quality healthcare to the aging and remote population.

The SoCalBio Digital Health Summit is a showcase of new IoMT technologies developed in Southern California that promise to disrupt the $3 trillion U.S. healthcare system. Attended by a diverse audience including: digital health companies, medical device developers, drug and component manufacturers, information technology providers, information security professionals, digital health investors, providers and payers, research organizations, public sector officials, CROs, and advocacy groups, the summit provides a forum to share how innovation can improve the delivery of care at lower costs while providing an opportunity to learn from leading companies and providers how they are overcoming internal politics and regulation issues to offer IoMT and big data solutions to improve patient care.

According to research by Frost and Sullivan, the Internet of Medical Things (IoMT) market stood at $22.5 billion in 2016, and is poised to reach $72 billion by 2021. Given the economic promise of IoMT, the SoCalBio Digital Health Summit seeks to take a deeper look at the opportunities and challenges it presents, particularly for the Greater Los Angeles region which is considered one of the top five IoT and digital health clusters in the country and the headquarters of GTX Corp. In addition to showcasing some of the gadgets and new IoMT technologies developed in Southern California, including GTX’s flagship award-winning, patented product, the GPS SmartSole, this Summit provides a forum for digital health stakeholders to discuss the following topics:

1) How IoMT is expected to affect wellness and disease management.

2) How to overcome challenges to IoMT innovation adoption.

3) How to leverage big data solutions to improve and reduce the cost of patient care.

4) Action steps to strengthen the Greater Los Angeles IoMT and digital health ecosystem.

In addition to next week’s health summit, GTX Corp will also be recognized at Uptick Newswire’s 2017 “Uppie Awards Show” later this week taking place on November 3rd in Las Vegas. GTX has been nominated for three separate categories including: 1) Companies That Have Shown Inimitable Technology Growth in 2017 2) Companies That Have Applied the Most Significant Technology Contributions to the Industry and 3) One of a Kind Medical Technologies on the OTC Markets. The first annual event recognizes 90 strategically selected companies for their excellent contributions to their industries, specifically highlighting companies that have contributed to a product break through or attained unique attributes in their arena

Patrick Bertagna, GTX Corp CEO, commented, “We are honored to participate in this health summit panel discussion and look forward to advancing the conversation on how to expand the digital health and IoMT ecosystem. Los Angeles has become an epicenter for wearables and digital health innovation and we greatly appreciate SoCalBio organizing an event that puts so many thought leaders and industry experts in a room to openly discuss how technology will help lower healthcare costs and improve quality of life. We are also looking forward to the Uppie Awards Show this coming Friday, and of course not only rooting for the LA Dodgers to win this week, but also for GTX to come home with a win as well.”

Known for its game-changing, multi-award-winning patented GPS SmartSole and Smartphone GPS Tracking App, GTX has previously been recognized and granted numerous other awards and accolades by prestigious organizations, including most recently honored as the winner of Technology Media Telcoms (TMT) News Magazine’s “Best Wearable Technology Company – USA” and “Most Innovative Tracking & Recovery Technology”, given a 4 star ranking by Able Magazine, highlighted in AARP top 10 best new technologies for seniors, receiving a special mention in a Google white paper, the People’s Choice Award for most innovative connected device, being nominated for the 100 Most Important Inventions of Mankind, exhibited in the Technology Museum of Sweden, included in Entrepreneur Magazine’s top 100 Brilliant Companies, identified by ABI Research as ‘paving the way into the next billion dollar market’ and as the 2nd Place Winner (between Microsoft-1st, and Samsung-3rd,) in the 2015 CTIA E-Tech Awards in the “Wearables, Health, Fitness & Wellness” category, to name a few.

 About SoCalBio

Southern California Biomedical Council (SoCalBio) is a nonprofit, member-supported trade association that serves the biotech, medtech, IVD and digital health communities in the six counties that comprise the Greater Los Angeles region (Los Angeles, Orange, Ventura, Santa Barbara, Riverside and San Bernardino). SoCalBio’s programs help local firms gain access to capital, potential partners and other business services. The Council also promotes technology transfer and workforce training, while informing policy makers and the public at-large about the benefits of the region’s bioscience industry.

Also, SoCalBio is actively promoting digital health as a vibrant and fast-growing component of the Los Angeles “health and wellness” economy. For more information on SoCal Bio and next week’s summit, please visit www.socalbio.org.

About GTX Corp

GTX Corp (GTXO) is a pioneer in Smart, Mobile and Wearable GPS tracking and recovery location based solutions, supported through a proprietary IoT enterprise monitoring platform. GTX offers a complete end-to-end solution of hardware, software and connectivity. The Company develops 2 way GPS tracking technologies which seamlessly integrate with consumer products and enterprise applications. GTX Corp utilizes the latest in miniaturized, low power consumption GPS, Cellular and BLE technology and offers a proprietary platform that enables subscribers to track in real time the whereabouts of people or high valued assets through a complete end to end – customizable transceiver module, wireless connectivity gateway, smart phone Apps, middleware, and 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

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. Is Bringing IoT to Everyone with a New Online Store – Equities.com

 GTX Corp. Is Bringing IoT to Everyone with a New Online Store   Equities.com

The IoT market is exploding. A recent report revealed the global Internet of Things (IoT) market spend will grow from $625.2 billion in 2015 to $1.29 trillion in 2020 — with a compound annual growth rate (CAGR) of 15.6%. This week, Dell Chairman and CEO made news when he announced that his company would be setting up a new research and development division that will invest $1 billion in intelligent technology.

One driver behind IoT growing so rapidly happens to be because the technology works fluidly with many corners of the business world. An area where its impact is already being felt is in the healthcare field, specifically helping to protect our growing aging population. GTX Corp. (GTXO) is an award-winning company in the space that develops cost-efficient and wearable IoT technology that is improving the quality of life and safety for senior citizens.

The company is best known for their GPS Smartsole® product, which is a smartphone-connected GPS tracker embedded in the insole of a shoe, think Dr. Scholl’s meets Lojack. As Bloomberg reported earlier this month, 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 technology that GTX specializes in.

Furthermore, the Bloomberg report estimates that remote monitoring for senior care alone represents a $50 billion market.

You can read the full article on equities.com here.

About GTX Corp

GTX Corp (GTXO) is a pioneer in Smart, Mobile and Wearable GPS tracking and recovery location based solutions, supported through a proprietary IoT enterprise monitoring platform. GTX offers a complete end-to-end solution of hardware, software and connectivity. The Company develops 2 way GPS tracking technologies which seamlessly integrate with consumer products and enterprise applications. GTX Corp utilizes the latest in miniaturized, low power consumption GPS, Cellular and BLE technology and offers a proprietary platform that enables subscribers to track in real time the whereabouts of people or high valued assets through a complete end to end – customizable transceiver module, wireless connectivity gateway, smart phone Apps, middleware, and 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 GPS 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. GTX puts the “Where” in Wearable Tech.

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

 

Social media – #withyou   #smartsole   #connectedandprotected

GTX Blog http://gpsinsole.com/

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

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GTX Corp Upgrades E-commerce Platform and Launches New Online Store

Renovation of the Company’s web properties includes lowered pricing options and an enhanced store
GTX corp new online store opens GTX Corp Upgrades E commerce Platform and Launches New Online Store
LOS ANGELES, CALIFORNIA – October 12, 2017 – GTX Corp (OTCBB: GTXO), an Internet of Things (IoT) solutions provider in the personal location, wearable and wandering assistive GPS technology business, is proud to announce that it has upgraded its web properties and ecommerce platform including the unveiling of a more feature-rich online store – serving as a one stop shop for GTX’s full suite of innovative wearable tech products, personal location services and accessories. The renovation includes enhanced capabilities, additional user-friendly features and lower prices as well as new websites for its Take-Along Tracker 3G and Track My Workforce products.

In an effort to simply the process for GTX’s diverse customer base and online community to shop with more ease, the Company has been working diligently to streamline consumers’ overall online experience by enabling users to purchase all of the Company’s various GPS tracking and monitoring products and services under one umbrella. The new online store broadens the shopping capabilities for both direct consumers, caregivers and small businesses that want to purchase multiple products and have specialized business needs. With the new and improved online store experience also comes lower product costs and additional service plans, offering customers flexible payment options.

Meghan Ravada, GTX Corp Community Relations Director, commented, “We are excited to offer a new renovated shopping experience which will enable our customers to take full advantage of our GPS wander assistive technology. We know caregiving can be challenging, so we strive to reduce stress for our customers and provide them with need-to-know purchase information as efficiently and effortlessly as possible.”

In celebration of the new online store opening, GTX Corp is including a FREE pair of the signature Sole Protectors, designed specifically for GTX’s patented GPS SmartSole®, for the first 100 SmartSole orders. Additionally, in partnership with HeartMath, an acknowledged world leader in stress and resilience technologies, GTX is also pleased to offer a free downloadable “Caregiver’s Guide to Coping with Stress” on its website, a quick read that can make a big difference in providing and empowering people, caregivers and organizations to greatly reduce stress associated with caregiving.

Most widely known for its patented GPS SmartSole and Smartphone GPS Tracking App, GTX owns and licenses more than 80 patents and has multiple products in the market place, all available on the new online store, including:

GTXFREE SP Sole Protector GTX Corp Upgrades E commerce Platform and Launches New Online Store

  • Take Along Tracker 3G – a single miniature tracking and SOS device that allows for GPS capabilities, plus 2G, 3G, GSM, data and voice as well as a 3-way motion sensor.
  • Track My Workforce – a mobile app allowing employers to monitor mobile employees like drivers and sales representatives through their Smartphone.
  • GPS SmartSole – a wearable stigma-free GPS tracking, monitoring and recovery solution for those at risk of wandering due to Alzheimer’s, dementia and autism.
  • Sole Protector for GPS SmartSole – created specifically for the GPS SmartSole® in order to boost longevity, hygiene, covertness, protection and comfort. Extends the life of the SmartSole with increased shock absorption and water resistance.

About GTX Corp

GTX Corp (GTXO) is a pioneer in Smart, Mobile and Wearable GPS tracking and recovery location based solutions, supported through a proprietary IoT enterprise monitoring platform. GTX offers a complete end-to-end solution of hardware, software and connectivity. The Company develops 2 way GPS tracking technologies which seamlessly integrate with consumer products and enterprise applications. GTX Corp utilizes the latest in miniaturized, low power consumption GPS, Cellular and BLE technology and offers a proprietary platform that enables subscribers to track in real time the whereabouts of people or high valued assets through a complete end to end – customizable transceiver module, wireless connectivity gateway, smart phone Apps, middleware, and 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 GPS 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. GTX puts the “Where” in Wearable Tech.

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

 

Social media – #withyou   #smartsole   #connectedandprotected

GTX Blog http://gpsinsole.com/

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 Partners with ORBCOMM to Enable GPS SmartSoles on the Verizon Network

New GPS SmartSoles connected and distributed in the U.S. through the ORBCOMM / Verizon channel partnership

LOS ANGELES, CALIFORNIA –September 12, 2017 – 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 has partnered with ORBCOMM Inc. (Nasdaq: ORBC), a leading global provider of Machine-to-Machine (M2M) and IoT solutions, to provide connectivity and distribution in the U.S. for its new Verizon GPS SmartSole® product. SmartSole, which is launching this week ahead of schedule, will be available for order on the ORBCOMM web platform, which will enable connectivity on the Verizon nationwide network as well as provide monthly billing services.

GTX Corp’s patented GPS SmartSoles, the world’s first wearable yet invisible tracking technology, are placed in the wearer’s shoes and contain a GPS module connected through a cellular network that sends a GPS location to a central monitoring website or app. The product was initially created as a wander guard solution for those at risk due to Alzheimer’s, dementia, autism or traumatic brain injury and have a tendency to wander or become lost or disoriented. They can also be used by people at risk of kidnapping, such as government employees, journalists and corporate executives. SmartSoles come in several trim-to-fit sizes for both men and women, are water resistant, include an inductive charging pad, and are assembled in Rhode Island, U.S.A.

ORBCOMM is pleased to partner with GTX to offer their new SmartSoles on the Verizon network. This innovative product is a great extension of ORBCOMM’s asset tracking and monitoring solutions into the wearables market and provides a unique, effective and potentially lifesaving solution to facilitate the care and safety of the millions of at-risk individuals who are affected by Alzheimer’s, dementia, autism and other cognitive disorders,” said Bill Molesworth, ORBCOMM’s VP of OEM & Network Channel Sales, North America.

Patrick Bertagna, GTX Corp CEO, commented, “This is a significant step forward for us, and working with the ORBCOMM team has been exceptional. This partnership provides us with Verizon nationwide connectivity, access to the ORBCOMM and Verizon sales channels and the ability to provide large-scale enterprise billing through the ORBCOMM platform. We are truly excited about this launch and partnership, and my sincere appreciation goes to the GTX engineers, along with the ORBCOMM and Verizon team that worked diligently to make this happen.”

GTX Corp is attending Mobile World Congress in San Francisco this week and will have samples of the new Verizon GPS SmartSoles for demonstration.

 

 

gtxcorp gps smartsole on the verizon netwok orbcomm GTX Corp Partners with ORBCOMM to Enable GPS SmartSoles on the Verizon Network

 

About ORBCOMM Inc.

ORBCOMM (Nasdaq: ORBC) is a global leader and innovator in the industrial Internet of Things, providing solutions that connect businesses to their assets to deliver increased visibility and operational efficiency. The company offers a broad set of asset monitoring and control solutions, including seamless satellite and cellular connectivity, unique hardware and powerful applications, all backed by end-to-end customer support, from installation to deployment to customer care. ORBCOMM has a diverse customer base including premier OEMs, solutions customers and channel partners spanning transportation, supply chain, warehousing and inventory, heavy equipment, maritime, natural resources, and government. For more information, visit www.orbcomm.com.

About GTX Corp

GTX Corp (GTXO) is a pioneer in Smart, Mobile and Wearable GPS tracking and recovery location based solutions, supported through a proprietary IoT enterprise monitoring platform. GTX offers a complete end-to-end solution of hardware, software and connectivity. The Company develops 2 way GPS tracking technologies which seamlessly integrate with consumer products and enterprise applications. GTX Corp utilizes the latest in miniaturized, low power consumption GPS, Cellular and BLE technology and offers a proprietary platform that enables subscribers to track in real time the whereabouts of people or high valued assets through a complete end to end – customizable transceiver module, wireless connectivity gateway, smart phone Apps, middleware, and 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

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 Nominated in Three Categories for Uptick Newswire’s 2017 Uppie Awards

Uptick Newswire Presents its First Category Nominees for the 2017 Uppie Awards Show

Phoenix, AZ (Uptick Newswire – September 6th, 2017) – Uptick Newswire, LLC is proud to announce the first round of nominees and the categories that these companies are going to be presented in for its first annual 2017 Uppie Awards Show. Whether the company has contributed to a product break through or has attained unique attributes to their arena, these companies are being recognized for their excellent contributions to their industries.

Categories:ssad 300x240 GTX Corp Nominated in Three Categories for Uptick Newswires  2017 Uppie Awards

Companies that have Shown Inimitable Technology Growth in 2017
GTX Corp. (OTCPink:GTXO)

Companies that have Applied the most Significant Technology Contributions to the Industry
GTX Corp. (OTCPink:GTXO)

One of a Kind Medical Technologies on the OTC Markets 
GTX Corp. (OTCPink:GTXO)

You can read the rest of the press release here.

About GTX Corp

GTX Corp (GTXO) is a pioneer in Smart, Mobile and Wearable GPS tracking and recovery location based solutions, supported through a proprietary IoT enterprise monitoring platform. GTX offers a complete end-to-end solution of hardware, software and connectivity. The Company develops 2 way GPS tracking technologies which seamlessly integrate with consumer products and enterprise applications. GTX Corp utilizes the latest in miniaturized, low power consumption GPS, Cellular and BLE technology and offers a proprietary platform that enables subscribers to track in real time the whereabouts of people or high valued assets through a complete end to end – customizable transceiver module, wireless connectivity gateway, smart phone Apps, middleware, and IoT portal. Headquartered in Los Angeles, California, with distributors in 14 countries and customers in over 35 countries, GTX is known for its award-winning patented GPS SmartSole® – Think Dr. Scholl’s meets LoJack, the world’s first invisible wearable technology device created for those at risk of wandering due to Alzheimer’s, dementia, autism and traumatic brain injury. Currently there are 100 million people worldwide who are part of this at risk wandering group and that number is expected to reach 277 million by 2050. The Company doesn’t just make and sell the best GPS tracking products, they deliver innovative, miniaturized, low power consumption wearable tech that provides safety, security and peace of mind at the touch of a button. We put the “Where” in Wearable Tech.

 

Online: www.gtxcorp.com                     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 SmartSoles

 

GTX Corp United Kingdom

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

Email: nsriddle@gtxcorp.com

Tel: +44 7785 364100

 

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.

share medium GTX Corp Nominated in Three Categories for Uptick Newswires  2017 Uppie Awards

GPS SmartSole Now Available on the TruSense Platform

TruSense combines wireless sensors, Amazon Echo Dot and GPS Technology including GTX’s GPS SmartSole® to track daily activities, health patterns and variables, to address the needs of the entire family.

LOS ANGELES, CALIFORNIA – August 30, 2017 – GTX Corp (OTCBB: GTXO), an IoT platform in the personal location wearable and wandering assistive technology business, today announced it has joined forces with TruSense, which provides family-friendly smart home technology for seniors, to include GTX’s patented GPS SmartSole® on TrueSense’s on-line store. Like GTX, TrueSense empowers seniors to remain independent and delivers peace of mind by safeguarding loved ones and providing insights to let users know if they’re okay.

TruSense recently unveiled the first integrated smart home experience for seniors, bringing assurance to loved ones and keeping older adults in their own home longer. The Company uses sensor and GPS technology to discern the way a person lives—time spent sleeping, in the kitchen, or getting out of the house. When a pattern shifts, TruSense notices, and updates the user and the circle of people who they’ve chosen via custom notifications—it can even notify the 24/7 emergency monitoring center through a voice integration with the Amazon Echo Dot (click here to view a video showcasing how TruSense works).

Assisted living costs can be as high as $6,000 per month in some states. At a price point of just $199 for equipment plus a low $49 monthly subscription, TruSense is the only consumer-priced product of its kind. In stark contrast to stigmatized and outdated age-in-place senior products, and without requiring seniors to move out of their homes, TruSense empowers older adults to stay at home, reduce burden on family members and embrace age without compromising their independence or dignity.

“We are in a caregiving crises in this country,” says Rob Deubell, vice president of TruSense. “A recent survey indicated 40 percent of caregivers report a very high burden on their lives. While cost of living is a major factor in the family decision to age-in-place, there is also a growing shortage of in-family caregivers as well professionals due to disparate family members, growing aging population and costly and unreliable in-home care options. TruSense’s smart home technology was designed to give the nearly 40 million seniors that live alone today an option that makes it easier to stay in their own homes longer, while providing their caregivers and loved ones with more information on their health and wellness when they cannot be there, bringing assurance and peace of mind to the entire family.”

Patrick Bertagna, CEO of GTX Corp commented, “We are very pleased to be one of the selected wearable devices to operate on the TrueSense smart home platform. Since we specialize in wearable GPS tracking solutions for people afflicted with cognitive decline, we recognize the great work that TruSense has done in providing easy to use solutions that keep seniors safe, at home longer, while empowering their caregivers often their children to have remote yet noninvasive digital oversight. We share a same ethos as TrueSense to empower both caregivers and seniors to improve their safety, health, well-being and overall quality of life.”

Smart Technology that Goes Beyond Daily Activity

In addition to an individual’s activity, TruSense can also report how much time caregivers or other visitors spend in the home while also monitoring for comfortable home temperature, dangerous water leaks and vehicle GPS. Also, should they be experiencing early stages of dementia and have a tendency to get lost or wander, through its partnership with the GPS SmartSole, if a loved one leaves the house, TruSense will report their location and send real time alerts to caregivers on their whereabouts, providing safety and peace of mind. Not only can family members get insights from the web, phone and text, with the integration of the Amazon Echo Dot, family members can also use the Amazon Echo Dot to check up on their loved one to find out what time they woke and current room location as well as system status.

Emergency Response Services

TruSense does not require a wearable to deliver 24/7 emergency response. The in-home sensors operate together as a new kind of personal emergency response system (PERS). The ultimate goal is for TruSense to identify when daily activity level patterns change so family members or care workers can intervene in order to prevent emergencies from happening, or identify the development of a more serious medical condition. Loved ones or caregivers that are granted access to the trusted reporting circle by the family can get at-a-glance updates on activity from any device with an internet connection. TruSense has alerts when something goes wrong based on customized user thresholds that can trigger a text or phone call. Voice commands can also be used to notify the TruSense 24/7 emergency monitoring center via integration with digital assistants such as the Amazon Echo Dot.

Multiple Layers of Protection

TruSense is the only solution that delivers multiple layers of protection, providing a fail-safe system that provides a safety net. Through integration with multiple technology options (e.g. Echo Dot, Motion Sensors, GPS) TruSense provides redundancy for additional peace of mind. Seniors are often at risk with single-solution products, as they have a false sense of security when they forget to charge or wear their pendants.  

Pricing and Availability

TruSense is available for purchase at www.mytrusense.com. There is a one-time equipment fee of $199 and a cancel-anytime subscription cost of $49 per month for the data plan that enables the activity reporting.  

For more information on the company or the TruSense system visit the website at www.mytruense.com.  For media inquiries, or to schedule a demo, please contact Kimberly Angell of Wish Public Relations at kim.angell@wishpr.com or (415) 471-7272.

About TruSense

TruSense is family-friendly smart home technology for seniors that brings assurance to loved ones and helps older adults stay in their own homes longer. Using in-home sensors, TruSense is non-intrusive and does not require a wearable or pendant to deliver insights into daily activities. The solution also measures variables that can impact health and safety such as home leak detection, temperature and even vehicle and personal GPS tracking. TruSense also tracks caregiver visits and uses alerts and notifications based on customized user thresholds that can trigger a text or notify our 24/7 emergency response team.  

About GTX Corp

GTX Corp (GTXO) is a pioneer in Smart, Mobile and Wearable GPS tracking and recovery location based solutions, supported through a proprietary IoT enterprise monitoring platform. GTX offers a complete end-to-end solution of hardware, software and connectivity. The Company develops 2 way GPS tracking technologies which seamlessly integrate with consumer products and enterprise applications. GTX Corp utilizes the latest in miniaturized, low power consumption GPS, Cellular and BLE technology and offers a proprietary platform that enables subscribers to track in real time the whereabouts of people or high valued assets through a complete end to end – customizable transceiver module, wireless connectivity gateway, smart phone Apps, middleware, and IoT portal. Headquartered in Los Angeles, California, with distributors in 14 countries and customers in over 35 countries, GTX is known for its award-winning patented GPS SmartSole® – Think Dr. Scholl’s meets LoJack, the world’s first invisible wearable technology device created for those at risk of wandering due to Alzheimer’s, dementia, autism and traumatic brain injury. Currently there are 100 million people worldwide who are part of this at risk wandering group and that number is expected to reach 277 million by 2050. The Company doesn’t just make and sell the best GPS tracking products, they deliver innovative, miniaturized, low power consumption wearable tech that provides safety, security and peace of mind at the touch of a button. We put the “Where” in Wearable Tech.

 

Online: www.gtxcorp.com                     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 SmartSoles

 

GTX Corp United Kingdom

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

Email: nsriddle@gtxcorp.com

Tel: +44 7785 364100

 

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 Now Available on the TruSense Platform

GTX Corp Partners with HeartMath, Inc. to Provide Caregiving Community with Additional Resources

Drawing on HeartMath’s research-based personal stress relief technologies, GTX is adding HeartMath’s wellness products and services to provide and empower people, caregivers and organizations to greatly reduce stress associated with caregiving

LOS ANGELES, CALIFORNIA – August 23, 2017 – GTX Corp (OTCBB: GTXO), an IoT platform in the personal location wearable and wandering assistive technology business, today announced it has formed a strategic alliance with HeartMath®, Inc., an acknowledged world leader in stress and resilience technologies that train users to release and reset their response to stress in real-time, and achieve a state of inner balance and optimal functioning.

Founded by Doc Childre in 1991, HeartMath is focused on developing and delivering research-based, practical, and reliable tools and technologies that enable people to align and connect their heart, mind and emotions to produce transformative outcomes—with more flow and less stress. As the nation’s leading research and training organization in stress reduction and performance enhancement with over two decades of research, HeartMath has developed world-recognized, easy-to-do techniques, products and programs that help users control stress, take charge of emotions and improve ability to function at the highest level. Their award-winning patented technology, called the Inner Balance™ with Bluetooth® sensor for Android and iOS devices provides real-time feedback on the user’s HRV (heart rhythm) coherence level then guides the user into a more coherent internal state.

Dr. Deborah Rozman, President and CEO of HeartMath Inc., commented, “We’re happy to be partnering with such a caring and compassionate company as GTX. Having worked with thousands of health professionals, and hundreds of hospitals and clinics, we know that being a caregiver can be extremely demanding. Addressing patients’ needs and safety concerns presents professional and family caregivers with uniquely challenging and often overwhelming stressors. We’re excited about this opportunity to make HeartMath’s techniques and technology accessible to the network of GTX caregivers – especially knowing how effective these solutions have proven to be in reducing caregiver fatigue and the emotional stress that often goes with this very important responsibility.”

“We are continuously striving to provide innovative, yet simple to use solutions to the caregiver community,” stated Patrick Bertagna, CEO of GTX Corp. “Many of our GPS SmartSole customers are caregivers for someone afflicted with Alzheimer’s, dementia or autism and attest that being a caregiver is not easy. It is often a 24/7 responsibility creating physical, emotional and many times financial stress which takes a great toll. We are excited about partnering with HeartMath and further exploring the opportunities to bring their technology and clinical studies linking emotions, heart function, and cognitive performance. Since we specialize in solutions for people afflicted with cognitive impairment, we recognize the great work Dr. Rozman has done and see this as another step forward in expanding our caregiver offerings and resources in our joint effort to empower both the caregivers and the patients to improve their health, well-being and overall experience of life.”

GTX Corp has been at the forefront of wearable technology for over a decade and holds numerous patents in the field of wireless communications and embedding 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®   comes 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 HeartMath, Inc.

HeartMath, Inc. is a cutting-edge health and performance company that provides a range of unique services, products, and technology to improve well-being, while dramatically reducing stress and overwhelm and boosting performance and productivity. Hundreds of thousands of individuals around the world are successfully using and enjoying HeartMath’s solutions. Their award-winning Inner Balance™ and emWave® technologies have more than 300,000 users and integrate with their free HeartCloud™ platform where customers can synch session data in one location, earn practice rewards and more. HeartMath Inc., and HeartMath Institute a nonprofit 501(c)(3) research and education organization, have been researching emotional physiology, optimal function, resilience and stress-management for more than 20 years. This research has demonstrated through clinical studies the critical link between emotions, heart function, and cognitive performance. It has significantly advanced understanding of heart-brain interactions, heart-rate variability (HRV) and heart-rhythm coherence, and the physiology of optimal learning and performance. HeartMath’s research and methodologies have been validated in over 250 independent peer-reviewed studies published in prominent journals such as the American Journal of Cardiology, Stress Medicine, Global Advances in Health and Medicine, Alternative Therapies in Health and Medicine and Preventive Cardiology. HeartMath organizational clients include Stanford School of Medicine, Stanford Hospital, Cedars-Sinai, Sutter Health, Samsung, NASA, Cleveland Clinic, Kaiser Permanente, Cisco Systems, Department of Veterans Affairs, and Boeing among many other credible organizations. Dozens of school systems, Military and Law Enforcement Agencies, Olympic coaches and athletes, and thousands of health professionals around the world are utilizing HeartMath’s solutions for self-regulation and building resilience and optimal performance.

 

About GTX Corp

GTX Corp (GTXO) is a pioneer in Smart, Mobile and Wearable GPS tracking and recovery location based solutions, supported through a proprietary IoT enterprise monitoring platform. GTX offers a complete end-to-end solution of hardware, software and connectivity. The Company develops 2 way GPS tracking technologies which seamlessly integrate with consumer products and enterprise applications. GTX Corp utilizes the latest in miniaturized, low power consumption GPS, Cellular and BLE technology and offers a proprietary platform that enables subscribers to track in real time the whereabouts of people or high valued assets through a complete end to end – customizable transceiver module, wireless connectivity gateway, smart phone Apps, middleware, and IoT portal. Headquartered in Los Angeles, California, with distributors in 14 countries and customers in over 35 countries, GTX is known for its award-winning patented GPS SmartSole® – Think Dr. Scholl’s meets LoJack, the world’s first invisible wearable technology device created for those at risk of wandering due to Alzheimer’s, dementia, autism and traumatic brain injury. Currently there are 100 million people worldwide who are part of this at risk wandering group and that number is expected to reach 277 million by 2050. The Company doesn’t just make and sell the best GPS tracking products, they deliver innovative, miniaturized, low power consumption wearable tech that provides safety, security and peace of mind at the touch of a button. We put the “Where” in Wearable Tech.

 

Online: www.gtxcorp.com                     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 SmartSoles

 

GTX Corp United Kingdom

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

Email: nsriddle@gtxcorp.com

Tel: +44 7785 364100

 

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 Partners with HeartMath, Inc. to Provide Caregiving Community with Additional Resources

The cost of healthcare for seniors with dementia $184,500 greater than for someone without dementia!

As the trend to use technological innovations to help seniors live longer and more fulfilling lives continues to grow around the world (generally referred to as the Aging 2.0 movement), the focus at GTX Corp is to develop innovative, cost friendly, wearable technology, such as the patented GPS SmartSoles, that can keep help lower healthcare costs while keeping people connected and protected for about a dollar a day.  #connectedandprotected

 

A comprehensive study was recently published in the Journal of the American Geriatrics Society, on the cost of caring for seniors with dementia.

They created a mathematical model—utilizing Federal Medicare records to simulate disease progression for newly diagnosed individuals with dementia.

The  model estimates health care costs, including the value of informal care, for a person with dementia over a lifetime to be $184,500 greater than for someone without dementia, with 86 percent of costs incurred by family members.

Basically the cost to care for someone with dementia on average is $322,000 – compared to $137,000 for the same person without dementia.

Read the full article here.

Dementia Issues – Wandering – Dr Jennifer Bute from Kreativity on Vimeo.

About GTX Corp

GTX Corp (GTXO) is a pioneer in Smart, Mobile and Wearable GPS tracking and recovery location based solutions, supported through a proprietary IoT enterprise monitoring platform. GTX offers a complete end-to-end solution of hardware, software and connectivity. The Company develops 2 way GPS tracking technologies which seamlessly integrate with consumer products and enterprise applications. GTX Corp utilizes the latest in miniaturized, low power consumption GPS, Cellular and BLE technology and offers a proprietary platform that enables subscribers to track in real time the whereabouts of people or high valued assets through a complete end to end – customizable transceiver module, wireless connectivity gateway, smart phone Apps, middleware, and IoT portal. Headquartered in Los Angeles, California, with distributors in 14 countries and customers in over 35 countries, GTX is known for its award-winning patented GPS SmartSole® – Think Dr. Scholl’s meets LoJack, the world’s first invisible wearable technology device created for those at risk of wandering due to Alzheimer’s, dementia, autism and traumatic brain injury. Currently there are 100 million people worldwide who are part of this at risk wandering group and that number is expected to reach 277 million by 2050. The Company doesn’t just make and sell the best GPS tracking products, they deliver innovative, miniaturized, low power consumption wearable tech that provides safety, security and peace of mind at the touch of a button. We put the “Where” in Wearable Tech.

Online: www.gtxcorp.com                     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 SmartSoles

 

GTX Corp United Kingdom

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

Email: nsriddle@gtxcorp.com

Tel: +44 7785 364100

share medium The cost of healthcare for seniors with dementia $184,500 greater than for someone without dementia!

GTX Corp Second Quarter 2017 Results

LOS ANGELES, CA – August 17, 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 second quarter ending June 30, 2017.

Second Quarter and Six Month Highlights

  • Product revenues increased by 28% over 2016 comparable period

  • International subscribers increased by 37% over 2016 comparable period

  • Combined total revenues increased 8% over 2016 comparable 6 month period

  • Net service income increased 97% over 2016 comparable period

  • Gross margins increased 23% over 2016 comparable 6 month period

  • Net loss decreased 21% over 2016 comparable 6 month period

Overall product revenues were up 28%, however total revenues and product revenues were lower than expected this quarter due to a technical issue with the Company’s first production run of version 1.5 SmartSole. GTX Corp was able to resolve the issue; however not until after the quarter ended, hence 300 units which were expected to ship before June 30th shipped after the quarter ended, lowering the Company’s product and overall revenues for the second quarter. The issue has been completely resolved and is not expected to have any further impact on future production runs.

On the R&D front, the Company began several new projects and made significant progress on current projects. First being a CDMA version of the SmartSole that is being developed to operate on the Verizon network throughout North America. The Company is in the final phase of development and pre-production testing both internally and with evaluation units in the field with sales representatives, customers and potential new customers. The second R&D project is a “SmartSole lite,” which will have a lower selling price with perhaps as much as 50% lower cost and be available in children sizes. This “lite” product is being created for lower disposable income markets and for individuals that are not just “at risk” of wandering due to Alzheimer’s or autism, but rather more for general population use. Think moms that want to keep track of their kids.

GTX Corp is also continuing to invest in R&D with sensor technology and predictive analytics and has begun working on bio–metric technology which will monitor gait, activity, weight and heart rate. The Company has been in discussion with customers, strategic partners, academia and the senior housing and caregiving communities all of which have confirmed there is a need for a smart wearable technology to combine location monitoring with bio-metrics into one non-invasive wearable product such as the SmartSole. The Company has also filed a patent for these combined technologies and continues to work on expanding its IP portfolio by adding more patents and working with its strategic partner, Inventergy, on monetizing three of its patents in the Comm protocol 286 family.

During the second quarter, the Company continued expanding its sales channels internationally and domestically, signing up new distributors and exploring opportunities in Japan, Hong Kong, Chile, Spain and the Middle East and attended several large trade shows in the U.S. and Europe. GTX hired two additional account representatives to manage the Company’s reseller programs in the U.S., Latin America and the Caribbean.

This quarter GTX also launched the SoleProtector which keeps the SmartSole hygienically clean, covers logos or markings making the GPS SmartSole more stealth and discrete, and adds some comfort and overall protection. All of these features have been requested by many of the Company’s B2B customers and consumers. As the Company plans to launch more wearable technology footwear, the SoleProtectors are a high margin accessory product extension. GTX Corp has also began shipping its Take-Along Tracker 3G GPS, SOS and voice-activated tracking device to its international distributors, which are introducing this solution for the lone worker government mandates in many European countries.

As the trend to use technological innovations to help seniors live longer and more fulfilling lives continues to grow around the world (generally referred to as the Aging 2.0 movement), GTX continues to look ahead on creating new products and solutions and working with partners that will help the Company grow in the future. One such partner, George Mason University, completed the first phase of wandering predictive research utilizing the GTX IoT platform and data, and a two-stage spatiotemporal clustering algorithm which correctly predicted a users’ location 87% of the time. This high level of initial success in accurate wandering prediction has enabled George Mason University to file for a much larger phase II grant. The preliminary research will be made available to GTX Corp, which will consider deploying the prediction algorithms into its backend monitoring platform, adding yet another layer of technology and overall value to the Company’s IoT tracking platform and monitoring services. As mass numbers of Baby Boomers who need care begin to outnumber those able to help them, the need for research and technology solutions will continue to grow, hence GTX is also exploring developing a data collection only SmartSole, that would be much lower in cost and could be used on wide scale research programs and clinical trials.

Patrick Bertagna, GTX Corp CEO, commented, “By most measurable metrics we continue to make forward progress, increasing our sales, expanding our distribution channels, growing our subscriber base, increasing our margins, developing and launching new products, exploring new revenue generating opportunities and growing our IP portfolio, while maintaining our operational costs and cash burn to a minimum. As we continue to work on all of these fronts, adding customers, partners, patents and products, we are also keeping an eye on our true value proposition which is our ‘wearable footwear platform’ and all of our IP surrounding it. Tech footwear is gaining traction and lots of small and large companies are entering this space. Recently Techflier.com listed the 13 top smart shoes, with the SmartSole recognized as number six on the list and Fujitsu announced launching Interactive Shoe Hub, highlighting the art of the possible by combining electronics and footwear. Our focus to date has been around location based wearable tech and being able to let you know where someone is at the touch of a button, but our universe is evolving.”

In describing the Company’s future, Mr. Bertagna continued, “There are many more solutions that can be delivered from smart footwear, such as predictive analytics and bio-metrics. Our experience, knowhow, patents and global partners has and will continue to present us with new opportunities. Our history and team has demonstrated we can move and react quickly to new market opportunities, leveraging our assets, while keeping our expenses low. We realize everyone has high expectations and we would all like to see triple digit growth every quarter, however we are still a small emerging, but underfunded company operating on a global stage with minimum resources. In this large and growing market we have manged to forge relationships with small to fortune 1,000 companies, manufacture and sell products across the globe in over 35 countries, ideate and innovate, launch new products and grow our IP portfolio, while for the most part delivering single and double digit growth in most measurable metrics over the past 12 quarters. As we drive towards cash flow positive by adding more subscribers, we are also evaluating new opportunities to create additional revenue streams and shareholder value from all of 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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