GTX Corp Announces Initial European Order for SmartSoles

Los Angeles, Calif. – May 8, 2014 – GTX Corp. (OTCQB: GTXO), a leading global provider of personal location wearable technologies, is pleased to announce the receipt of a volume purchase order for its flagship SmartSole line of products from European distributor, Tracker.ch AG.

 

Since announcement of its new SmartSole line, GTX has been selectively rolling out a pilot program with interested and qualified industry leaders. With initial positive results in hand, GTX has now received its first significant international purchase order for 850 units of the Company’s flagship GPS SmartSoles, BLE SmartSoles, and Bluetooth cube accessories and is expected to begin shipping in July 2014.

 

The order was placed by one of our international distributors, Tracker.com, which was one of the first to participate in the pilot,” commented Patrick Bertagna, CEO of GTX Corp. They are a leader in the Swiss market place for personal tracking and understand the product and end user requirements very well and based on their feedback and the feedback we have been receiving from other pilot participants, we expect to announce more orders and additional pilots in the near future.”

 

Guido Honegger, CEO of Tracker.ch AG., commented, “Tracker.com has been selling personal tracking solutions for the past 4 years and the SmartSole line addresses a significant need for Europeans that have seen a rise in Alzheimer’s, dementia and autism. We are thrilled to be working with GTX on deploying these innovative products throughout the Swiss community and we are especially pleased to be the first European distributor introducing the line of SmartSoles that are water resistant and come with wireless inductive charging.”

 

With the recent media coverage on wearable tech and the GTX patented GPS and Bluetooth SmartSole technology tailored for persons with cognitive memory disorders, the Company has received a wide range of domestic and international interest from distributors, foundations, organizations specializing in Alzheimer’s and Autism, assisted living facilities, police departments, the press and consumers. The Company plans to continue to work with these potential channel partners, enroll more pilot programs throughout the summer, and then officially open the launch to consumers.

 

Mr. Bertagna continued, “For now we are focused on building our partner network and working with our supply chain partners in order to ensure a proper flow of product with the highest degree of quality. Our products – whether embedded, stand alone or digital – are being used all around the world empowering people to monitor family, friends and co-workers. Many of our solutions, and especially the SmartSoles, address people’s lives and wellness, so we are taking all the necessary steps to ensure the highest standard of quality. We look forward to further enhancing our relationship with tracker.com and will continue to pursue domestic and international relationships as we augment our sales and distribution channels.”

 

 

About GTX Corp

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

Through a robust enterprise platform and licensing 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, Incwhich develops applications for smart phones and tablets and Code Amber Alertag. The Company has a comprehensive intellectual property strategy and owns an extensive portfolio of patents, patents pending, registered trademarks, copy rights and URL’s.

Online: www.gtxcorp.comhttp://www.facebook.com/gtxcorpcom- http://www.twitter.com/gtxcorp

Product and licensing e mail – info@gtxcorp.comor http://www.gtxcorp.com/about/licenseinquiry

Investor Relations ir@gtxcorp.com www.stockr.com/gtxo

More information on the product launch in Switzerland: www.tracker.com/smartsole

TRACKER.COM
Mr. Vorname Sowieso
+41 43 543 43 88
vorname.sowieso@tracker.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.

share medium GTX Corp Announces Initial European Order for SmartSoles

GTX Corp Comments on 2013 Performance and Positioning for 2014

 

Los Angeles, Calif. – April 16, 2014 – GTX Corp. (OTCQB: GTXO), a leading provider of personal location wearable technologies, announced today commentary on the Company’s performance for last year and what shareholders can expect as it moves into the future.

 

2013 Milestones:

 

  • Began R&D of GPS and BLE SmartSoles – the next generation of wearable technology
  • Hired German based engineering firm
  • Introduced wireless inductive charging
  • Signed a manufacturing agreement with Atlantic Footcare
  • Signed a European distribution agreement with Swiss based Tracker.com
  • Strengthened our intellectual property position in wearable technology, with now over 80 patents and new trade mark filings
  • Secured institutional financing to support our business

 

2013 was a transformative year for GTX as it planned its transition from licensing its technology platform to bringing it back in house in order to control all aspects of product design, manufacturing, sales and distribution. The milestones achieved in 2013 positioned the Company to capitalize on the growing opportunities that are now presenting themselves in the first half of 2014 and will carry forward well into 2015. A recent study by IDC indicates that sales of wearable devices are expected to grow significantly in the next 5 years, from approximately 19 million units in 2014 to nearly 112 million units by 2018.

 

As we move into 2014, our focus has completely shifted into product development and market penetration for our core suite of wearable technology solutions,” stated Patrick Bertagna, GTX Corp CEO.

 

To understand the significance of where the Company is today, it’s worth noting our products and business model. In the simplest of terms, our products help find people and things and our business model involves selling those tracking products along with a monthly service plan. By offering three distinct product lines, through as many different channels, we can best monetize our tracking and monitoring platform and its associated monthly service plans. We measure our own performance by the number of tracking products deployed in the field, and subsequently the number of those products that have active subscribers providing monthly recurring revenues. It’s the razor/razor blade model.”

 

Mr. Bertagna continued, “In 2014, GTX will focus on clearly marketing our three commercial ready base product lines: Embedded, All purpose, and Digital in both B2B and B2C channels across the globe.

 

The ‘embedded’ category includes products where our technology is hidden within a consumer friendly form factor. The best example of this implementation was our GPS Smart Shoe which evolved into our flagship next generation SmartSole line of insoles, where we offer GPS and Bluetooth tracking solutions for the cognitive memory disorder markets (Alzheimer’s, Autism, Dementia, and TBI) all of which have high tendencies to wander. Currently there are 100 million people worldwide who are part of this group and that number is expected to reach 277 million by 2050. We continue to believe that the approach of delivering wearable technologies to this challenged growing population, which are subtle to the user and seamless to the caregiver, by being embedded in consumer friendly wearable’s like shoes, is the most effective way to make sure the product is ready and available when its needed most. It’s ‘sticky’ where no other product is. We are seeing validation of our approach across the board, from the most recent media attention the SmartSoles have garnered, to the interest from assisted living facilities, and the recommendation of our products by Alzheimer’s and Autism organizations along with law enforcement agencies that end up responsible for tracking down wanderers.

 

In our ‘all purpose’ category, we offer a myriad of miniaturized low power consumption tracking devices that can be used as desired by consumers or businesses seeking to track something or someone of value. Our recently announced VL2000 (the Take Along Tracker) is our most advanced and flexible unit to date. Our all purpose products are used to track drones, shipping containers, medical cargo, vehicles, pets and people, among other uses. We continually evaluate new applications and markets for our products and provide customization as needed for our user’s requirements.

 

On the ‘digital’ side, we offer apps and web products that allow people or organizations to track their persons of interest by using hardware they already own – namely, Smartphone’s and tablets. Our Track My Workforce product is a prime example, which enables businesses to track employees in the field in real time and even monitor their mileage expenses without having to invest in hardware or high monthly service plans. The TMWF app comes with plans starting as little as $2 per month and because of this, we have seen significant traction in this division with new deployments across the world. We have increased our investment in this division to capitalize on multiple opportunities and are currently in development of a new e commerce engine which will fully automate the on boarding process of this app, making it very easy for new businesses all over the world to try the App and service and sign up. The potential in this market is very significant on three fronts: first the sheer size of the market is in the hundreds of millions (currently 3 billion smart phones and tablets on the market expected to grow to 5 billion) second because its digital, the app can be delivered anywhere in the world in an instant, eliminating the cost of manufacturing and logistics, third this makes for a low cost of goods with a high margin return.”

 

Whether GTX sells a SmartSole, VL2000 Take Along, or the TMWF App, the Company receives a monthly service fee for use of its patented tracking, monitoring and alerting platform portal, thereby increasing contractual monthly service revenues and cash flow.

 

It’s no secret that wearable technologies are the next big thing in the tech industry. Most everyone wants to know where someone or something of value is and as a pioneer in the space, we have positioned ourselves at the right time in the right place to capitalize on this trend. From our products to our alliances to our significant and strategic intellectual property library, we believe we have hit a major inflection point and are thrilled about the prospects for our business for 2014 and beyond.”

 

About GTX Corp

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

Through a robust enterprise platform and licensing 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, Incwhich 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.

 

http://www.facebook.com/gtxcorpcom-http://www.twitter.com/gtxcorp

 

Product and licensing e mail – info@gtxcorp.com or http://www.gtxcorp.com/about/licenseinquiry

Investor Relations 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.

 

 

share medium GTX Corp Comments on 2013 Performance and Positioning for 2014

GTX Corp Granted 2 New Patents

Enhanced Intellectual Property Portfolio Strengthens Position

In New Era of “Wearable Tech”

Los Angeles, Calif. – March 19, 2014 – GTX Corp. (OTCQB: GTXO), a leading provider of personal location wearable technologies, was recently notified by the U.S. Patent Office that another patent has been allowed related to its innovative and potentially life saving location–based monitoring platform.

“This is a milestone event in our intellectual property roadmap,” commented Larry E. Henneman, Jr., GTX Corp’s patent counsel. “The allowed patent includes 38 claims, with 5 independent claims, directed to tracking devices and methods for remotely configuring the tracking devices. This will be the second of two patents in this family, which are significant because their claims are not limited to footwear.  The patents cover the claimed devices and configuration methods whether they are embedded in Wearables or as stand alone devices,which strengthens the Company’s already extensive IP portfolio and overall value.”  The allowed application will also serve as a basis for filing additional patent applications directed to other important aspects of the invention in the near future.

 

“The System and Method for Communication with a Tracking Device patents are very significant to GTX because they not only apply to our core products such as the SmartSoles, but also to other technologies which require communications to a backend platform, hence strengthening our portfolio within the wearable tech industry,” stated Andrew Duncan GTX Corp Director and head of IP strategy.

 

GTX has been a pioneer in wearable monitoring technologies for over a decade affording a sense of control and peace of mind in today’s increasingly hectic world. Wearable technology provides timely knowledge and information which significantly reduces the levels of stress that go with the responsibility of watching out for loved ones, such as seniors with Alzheimer’s or children with Autism, one of the core vertical channels in which GTX provides solutions and estimated to reach over 270 million people worldwide by 2050

 

GTX delivers solutions for this growing global audience, with cognitive memory disorders, including Alzheimer’s, dementia, Autism and Traumatic Brain Injuries (TBI) and understands the importance of keeping you connected to who matters most.

 

Patrick Bertagna, CEO of GTX Corp concluded, “There is widespread dependence on being “connected” to instantaneous, real-time information and these Method of Communication patents directly square up with our technology roadmap, increasing the overall GTX enterprise value.”

 

About GTX Corp

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

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

 

Online:

http://www.gtxcorp.com - http://www.facebook.com/gtxcorpcom -http://www.twitter.com/gtxcorp

 

Product and licensing e mail – info@gtxcorp.com or http://www.gtxcorp.com/about/licenseinquiry

 

Investor Relations 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.

share medium GTX Corp Granted 2 New Patents

GPS SmartSoles: The Next Big Step…

 

Wearable
Technology
GPS SmartSoles: The Next BigStep…
In Keeping You
Connected to Who
Matters Most


Enter your email to receive updates and information on availability of the GPS Insoles. 
gpss3 GPS SmartSoles: The Next Big Step…  

Name:
Email:

9
Million People
live under some form of oversightdue to various forms
of memory impairment
 
GPS SmartSoles are the
perfect solution for this
increasingly growing problem     

 Passive to the wearer

No on/off switches
Locate on demand
Easy for the caregiver

 

  Set boundaries and receive an alert on your mobile phone if wearer wanders off
geofence GPS SmartSoles: The Next Big Step… ins phone GPS SmartSoles: The Next Big Step…

Created for:


Seniors suffering from Alzheimer’s/Dementia

Children

Athletes and Veterans with Traumatic Brain Injury

And just about anyone who requires some kind of remote
oversight
     
 
GTX Corp and Atlantic Footcare
have partnered to launch a line of GPS enabled insoles

 

gpss2 GPS SmartSoles: The Next Big Step… prothotics GPS SmartSoles: The Next Big Step…
share medium GPS SmartSoles: The Next Big Step…

GTX Corp Signs Exclusive Manufacturing Agreement with Atlantic Footcare to Develop and Launch the Next Big Step in New Wearable Technology – GPS SmartSoles™

Los Angeles, August 7, 2013 – GTX
Corp
(OTCBB: GTXO), a leader in
customizable, patented 2-way GPS solutions and Atlantic Footcare (AF), recently
signed a manufacturing and distribution agreement to develop and launch GPS
embedded insoles. Atlantic Footcare, headquartered
in Rhode Island has been a leading designer and manufacturer of insoles for
over twenty years and supplies many of the major athletic and shoe companies,
national retail chains and the U.S military with high quality and comfort insoles
. Under the agreement Atlantic Footcare will be making
an investment of $200,000 to advance the development of the new GPS SmartSoles.
“This relationship and investment with GTX is a great opportunity to
couple technology with an insole, enabling us to produce a truly innovative and
cost effective solution to meet today’s growing personal tracking needs. We are
very excited at the opportunity to be at the forefront of wearable GPS tracking
technology,” said Charlie Sipes Atlantic Footcare President.
With over a year
in development, GTX Corp had been researching ways to further miniaturize its
GPS module in order to penetrate new markets and expand
current ones. “Compared to our existing module, this next gen is approximately
30% smaller, thinner and lighter, 20% less expensive and has 200% more battery
life. It is equipped with a motion sensor and advanced A-
GPS technology for pin point accuracy and rapid time to first fix (TTFF)” states
GTX Corp CEO
Patrick
Bertagna
. “The
opportunity to partner with Atlantic Footcare opened up and with this latest
next generation device, embedding the module inside an insole was a natural
next step.”
AF already has
ongoing experience in embedding electronics inside insoles through other
partnerships and alliances and has already completed the first prototypes of
the GPS SmartSoles™ currently
undergoing testing. The Company plans to announce by the end of the month some
of the partners that will be involved with marketing and distribution.
gpssole 500 GTX Corp Signs Exclusive Manufacturing Agreement with Atlantic Footcare to Develop and Launch the Next Big Step in New Wearable Technology   GPS SmartSoles™
About GTX Corp (GTXO) - The leader in enterprise 2 way GPS real-time
personal location services (PLS) was founded in 2002 and is based in Los
Angeles, California with distributors in Canada,
Mexico,
Australia, Ireland and Nepal and customers in 162 countries. GTX Corp utilizes
the latest in miniaturized, low power consumption technology and offers a
robust enterprise GPS and cellular location platform to track in real time the
whereabouts of people, pets, vehicles and high valued assets. Answering the
“where is” question through a licensing business model and providing 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, GTX Corp also owns and operates LOCiMOBILE,
Inc
which develops applications for smart phones and tablets
and Code Amber Alertag. The Company has an aggressive
intellectual property strategy and owns an extensive portfolio of patents,
patents pending, registered trade marks, copy rights and URL’s.
 
Online: www.gtxcorp.com – www.facebook.com/gtxcorp –
www.twitter.com/gtxcorp
Public Relations contact Suzy Ginsburg (713) 721.4774 suzy@gcomworks.com
Investor Relations ir@gtxcorp.com

About Atlantic FootcareAF based in Oakland, Rhode Island, has been a leader in
insole manufacturing since 1998. Known internationally for
its innovative products under the
Prothotics and Prosole brands, the Company and its Asian affiliates have
supplied millions of insoles to major athletic and shoe companies where its
record for quality, price and service is at world class standard. With over
seventy people employed all contributing to the proud
Made in U.S.A. label, Atlantic also supplies the professional
medical market with
Medicare (PDAC) reimbursable insoles for comfort and diabetic
care; along with being a primary supplier of insoles for
US military footwear.

GTX Corp does not warrant or represent that the unauthorized
use of materials drawn form 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.
#   #   #   #
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