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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GTX Corp’s GPS SmartSole on Top 13 Smart Shoe List

As footwear is continuing to gain traction in the wearable tech industry, GTX Corp remains a pioneer in the space as the first wearable footwear technology company.  

LOS ANGELES, CALIFORNIA – August 16, 2017 – GTX Corp (OTCQB: GTXO), an IoT platform and provider of personal location GPS wearable technology and wandering assistive technology, is pleased to announce it has been recognized as one of the “Top 13 Smart Shoes That Combine the Best of Technology and Fashion” for its patented GPS SmartSole® by Techflier, a premiere resource for tech startup, computing innovation and technology news.

As footwear continues to gain traction in the wearable technology industry, GTX Corp is widely recognized as a pioneer in the space as the first wearable footwear technology company, marking over 15 years of keeping users connected to who and what matters with a suite of GPS tracking location-based solutions such as the Company’s flagship GPS SmartSole. In the feature, Techflier highlights 13 connected smart shoes that rise in becoming objects of desire for both fashionistas and technophiles alike, with GTX’s patented SmartSole featured as number 6 on the list.

 

GTXTechflierTop13Feature GTX Corp’s GPS SmartSole on Top 13 Smart Shoe List
GTXTechflierTop13Feature2 GTX Corp’s GPS SmartSole on Top 13 Smart Shoe List
Techflier tracks the best and brightest technology startups from around the world, providing accurate and insightful coverage regarding developments in major hubs like Silicon Valley—as well as developing regions and areas not covered by mainstream media. Drawing on a network of writers from over 50 countries, Techflier reports the latest news regarding regional innovators with the mission to help rectify this disparity by providing unmatched coverage on global startups to its readers and listeners worldwide.

“We are truly honored to be recognized as one of the top smart shoes on a renowned list ranging from dynamic and interactive footwear aesthetics to performance and location tracking,” commented GTX Corp CEO Patrick Bertagna. “We appreciate the recognition this brings to our innovative product line of smart wearable technology.”

GTX Corp’s patented GPS-enabled “smart” insoles are a discreet and convenient tracking and recovery GPS device that fits easily into most shoes. The GTX SmartSole delivers peace of mind for family members or caregivers by providing real-time location monitoring of loved ones including the millions of people suffering from memory impairment or wandering as a result of Alzheimer’s, dementia, autism, traumatic brain injury, or other cognitive memory disability.

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 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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GTX Corp Signs Collaboration Agreement with Veristride

Partnership Will Explore Gait Variability and Fall Risk Detection in Community-Living Older Adults
LOS ANGELES, CA – August 10, 2017 – GTX Corp (OTC Pink: GTXO), an IoT platform in the personal location wearable and wandering assistive technology business announced today signing a collaboration agreement with Veristride, Inc., a company that specializes in wearable solutions to analyze gait movement at the source, using custom sensors at the foot and biomechanical analytics to provide feedback on how people walk, run and move.

Gait technology is significant in fall risk detection and prevention, medication reaction, undetected stroke and early prediction of dementia. Being able to accurately monitor changes in gait/stride or activity levels specifically for seniors can have a major impact on their morbidity and mortality.

Despite extensive preventive efforts, falling continues to be a major problem for seniors both at home and in community living facilities. Being able to accurately predict falls, strokes or early onset of dementia by wearing a smart non-intrusive footwear device can offer significant advancements in senior care and wellness. GTX has been exploring and evaluating gait technology for several years as the Company strongly believes that there are many benefits that arise from gait analysis.

“We are very excited to begin working with Veristride, and look forward to piloting their technology with some of our customers both in the U.S. and Europe while our engineers work together to integrate their sensors into our SmartSole platform. By adding gait analysis to our SmartSoles we will be able to address the large problem of seniors falling and possibly detecting early onset of dementia,” commented GTX Corp CEO Patrick Bertagna.

Veristride CEO Stacy Bamberg stated, “Veristride is enthusiastic to engage with GTX Corp to pilot the use of our PT Metrix gait analytics with the SmartSole platform. We anticipate that our sensors and proprietary analytics can be used to evaluate a wide variety of health changes in senior adults.”

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® is a perfect fit for this type of gait analytics and fall detection technology. The 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 Veristride

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

Online: www.veristride.com    

Social media: #ptmetrix

https://www.facebook.com/veristride

https://www.twitter.com/veristride

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

General information and press kit:

+1.801.610.9816

innovate@veristride.com, pr@veristride.com

http://www.veristride.com/presskit/

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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GTX Corp First Wearable Tech Company 15 years of keeping you Connected and Protected

GTX Highlights InfoGraphic Aug 2017 GTX Corp First Wearable Tech Company 15 years of keeping you Connected and Protected

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

share medium GTX Corp First Wearable Tech Company 15 years of keeping you Connected and Protected

GTX Corp Receives a 4 Star Rating from Leading Industry Magazine

4star GTX Corp Receives a 4 Star Rating from Leading Industry MagazineThe U.K.’s favorite disability lifestyle publication, Able Magazine, has awarded GTX’s U.K. distributor, Possum, a 4 star rating for the patented wander recovery GPS SmartSole®

LOS ANGELES, CALIFORNIA – August 2, 2017 – GTX Corp (OTCBB: GTXO), an IoT platform in the personal location wearable and wandering assistive technology business, and its U.K. distributor, Possum, have been awarded with a 4 star product rating for the patented GPS SmartSole® by the U.K.’s favorite disability lifestyle publication, Able Magazine,  making it the Company’s third internationally recognized award received in just the past month.

Able Magazine reviews the best products in the marketplace in order to give disabled people a bench mark to look for as they purchase new disability specific equipment and assistive technology. Products are rigorously tested in four areas and given an overall score based on how they were judged regarding the following criteria: how well the product is made and how user friendly it is, if it looks good, how innovative it is and if it represents good value for money.

Editor of Able Magazine, Tom Jamison, commented, “We take great care to see things from the disabled person’s point of view. It’s not just about how well a product works, it’s about ‘can I live with it?’ ‘Does it look good?’ Great products bring together form and function, be it a new car or a simple gadget to make life that little bit easier. It’s great when we see a cracking product like the GPS SmartSole that will genuinely help a disabled person in their day-to-day life.”

Able Magazine has been writing about disability issues and the best in disability products for over 20 years and has developed a trusted voice within the disability community. Gaining a star rating means that the product will be showcased in the publication and in front of a readership of disabled people and their caretakers who want to make informed choices regarding their purchases.

Phil Iles, Sales Manager U.K. & Eire for Possum, stated, “The reception of the GPS SmartSole has been very favorable amongst caregivers and physio therapists looking after those with cognitive disorders like Alzheimer’s and dementia. This award is a great honor and a significant step forward in the process of building product awareness and acceptance in the marketplace.”

“We are truly honored to have received such a prestigious award from Able Magazine which is such a recognized authority in the area of disability care,” commented Andrew Duncan, President of Business Development at GTX Corp. “We appreciate the recognition this brings to our innovative product line of smart wearable technology.”

GTX Corp’s patented GPS-enabled “smart” insoles are a discreet and convenient tracking and recovery GPS device that fits easily into most shoes. The GTX SmartSole delivers peace of mind for family members or caregivers by providing real-time location monitoring of loved ones including the millions of people suffering from memory impairment or wandering as a result of Alzheimer’s, dementia, autism, traumatic brain injury, or other cognitive memory disability.

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”, 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.

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 location based and bio metric electronics inside footwear. With several footwear wearable tech products currently in the market place and more expected out this year, the Company’s flagship GPS SmartSole® is a stigma free, safety and security wearable technology solution placed in the wearer’s shoes that contain a GPS tracking chip connected through Telefónica SA group’s (NYSE: TEF) global cellular network that sends location information to the GTX Corp platform or app, showing the exact location of the individual wearing them. They come in several trim to fit sizes for both men and women, are water resistant, made with the highest quality German electronic components and assembled in Rhode Island, U.S.A.

About Able Magazine

Able Magazine has been published in the UK for over 20 years, and is independently owned, managed and uses in-house expertise to judge products on their merits. The publication is widely regarded as the UK’s favorite disability publication with a circulation of 30,000 copies every eight weeks and a popular website: www.ablemagazine.co.uk. The magazine remains popular because of its information rich content and positive editorial framework based on its long-established slogan: ‘What disabled people can do, not what they can’t’.

About Possum

Founded in Buckinghamshire in 1961, Possum is a market leader in the provision, installation and support of many types of Electronic Assistive Technology. These include Environmental Control Systems, Telecare, Telehealth and TECS (Technology Enabled Care and Support Services). Possum has a strong established customer base in the National Health Service, Social Services and Local Authorities and also works with reseller partners to make this exciting technology more widely available.

Possum Limited contact details:

+44 (0)1296 461000

info@possum.co.uk

telecarenews@possum.co.uk

https://twitter.com/PossumLtd

https://www.facebook.com/Possum/

https://www.linkedin.com/company/possum-ltd-

www.possum.co.uk

 

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 Receives a 4 Star Rating from Leading Industry Magazine

GTX CORP WINS BEST U.S. WEARABLE TECHNOLOGY COMPANY AND MOST INNOVATIVE TRACKING & RECOVERY TECHNOLOGY IN THE 2017 TMT AWARDS

LOS ANGELES, CALIFORNIA – July 11, 2017 – GTX Corp (OTCBB: GTXO), an IoT platform in the personal location wearable and wandering assistive technology business, is pleased to announce its recognition as the winner of Technology Media Telcoms (TMT) News Magazine’s “Best Wearable Technology Company – USA” and “Most Innovative Tracking & Recovery Technology” for the Company’s wearable yet invisible, monitoring and wandering recovery GPS SmartSole® as part of the 2017 Telecoms Awards.

gtxcorp tmt award GTX CORP WINS BEST U.S. WEARABLE TECHNOLOGY COMPANY AND MOST INNOVATIVE TRACKING & RECOVERY TECHNOLOGY IN THE 2017 TMT AWARDS
 

With more corporate globalization on the horizon, telecoms are quickly becoming vital to the operation of every business, therefore, the 2017 TMT Awards acknowledge and reward those who have initiated innovation in the IoT industry and support businesses throughout the global landscape.

We are honored to have received these two awards and believe it truly speaks to our team’s vision, passion and commitment to making the best GPS Tracking solutions, along with the value proposition behind our patented wearable IoT platform,” stated GTX Corp CEO, Patrick Bertagna. “Our GPS SmartSoles are making a positive impact on thousands of lives across the globe as an easy to use, cost effective tracking solution that provides peace of mind to every parent, child, or caregiver that has experienced the inability to locate someone in their care.”  

GTX Corp’s patented GPS-enabled “smart” insoles are a discreet and convenient tracking and recovery GPS device that fits easily into most shoes. The GTX SmartSole delivers peace of mind for family members or caregivers by providing real-time location monitoring of loved ones including the millions of people suffering from memory impairment or wandering as a result of Alzheimer’s, dementia, autism, traumatic brain injury, or other cognitive memory disability.

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 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.

 

Commenting on the Telecoms Awards program, Conor Woolven, Awards Coordinator, stated, “I would like to congratulate each and every one of my deserving winners for the excellence that they have shown in this vital sector. As the telecoms industry continues to evolve and develop, I wish them the very best of fortunes.”

 

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 location based and bio metric electronics inside footwear. With several footwear wearable tech products currently in the market place and more expected out this year, the Company’s flagship GPS SmartSole® is a stigma free, safety and security wearable technology solution placed in the wearer’s shoes that contain a GPS tracking chip connected through Telefónica SA group’s (NYSE: TEF) global cellular network that sends location information to the GTX Corp platform or app, showing the exact location of the individual wearing them. They come in several trim to fit sizes for both men and women, are water resistant, made with the highest quality German electronic components and assembled in Rhode Island, U.S.A.

 

About TMT News

Published quarterly, TMT News provides readers with all the latest information from across these three key sectors, exploring every aspect: from legislation changes to the latest deals, new product launches to appointments and everything in between. To find out more about these prestigious awards, and the dedicated professionals selected for them, please visit http://www.tmt-news.com/ where you can view the winners supplement and full winners list.

 

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             Our Blog          Track My Workforce | GTX Corp         www.gpssmartsole.com          

 

Social Media – #withyou     #smartsole

https://www.facebook.com/gtxcorpcom

http://www.twitter.com/gtxcorp

www.linkedin.com/in/gtxcorp

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

http://instagram.com/gtxcorp

 

General Information, Investor Relations, Wholesale Licensing, Consumer Purchase:

213.489.3019

 

info@gtxcorp.com

ir@gtxcorp.com

http://gtxcorp.com/contact-us/

Consumer Purchase of GPS SmartSoles

 

GTX Corp United Kingdom

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

Email: nsriddle@gtxcorp.com

Tel: +44 7785 364100

 

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

 

Forward Looking Statements

This news release contains forward-looking statements. The terms and phrases “expects,” “would,” “will,” “believes,” and similar terms and phrases are intended to identify these forward-looking statements. Forward-looking statements are based on estimates and assumptions made by GTX in light of its experience and its perception of current conditions and expected future 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 WINS BEST U.S. WEARABLE TECHNOLOGY COMPANY AND MOST INNOVATIVE TRACKING & RECOVERY TECHNOLOGY IN THE 2017 TMT AWARDS

GTX Corp Ships First Order of 200 Take-Along 3G GPS Trackers to Our UK Partners

Busy Hump Day at GTX CORP’s Shipping Center in Los Angeles – June 28, 2017

200 takealong trackers shipment GTX Corp Ships First Order of 200 Take Along 3G GPS Trackers to Our UK Partners

GTX Corp’s Take-Along 3G is a portable GPS, SOS and voice-enabled tracking device, optimized for today’s demanding requirements where location-based safety, security and connectivity are paramount.

  • Two-way Voice Capable for 1 Button S.O.S. Calling (available with +Voice Service Plans)
  • Built in 3-Axis Accelerometer for Motion Sensing
  • Ultra-Low-Power Sleep Mode to Conserve Battery
  • Voltage Monitoring and Low Battery Notifications
  • Waterproof Enclosure Rated IP67
  • Charging Cradle for Simple Recharging

Fore complete information on the Take-Along Tracker and to order yours today, Click Here.

 

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, copyrights 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, block buster Smartphone GPS Tracking App, and award winning, patented GPS and BLE SmartSole, the world’s first, invisible wearable wander guard GPS tracking device, initially created for quick recovery of those at risk of wandering due to Alzheimer’s, dementia, autism or traumatic brain injury. GTX provides solutions that answer the “where” question: where is my mother, child, employee, vehicle, drone and high-value assets. The Company doesn’t just make and sell the best GPS tracking devices for seniors, 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. GTX puts the “Where” in Wearable Tech.

Online: www.gtxcorp.com Track My Workforce | GTX Corp – Latest Blog Post – www.gpssmartsole.com

Social media – #withyou     #smartsole

https://www.facebook.com/gtxcorpcom

http://www.twitter.com/gtxcorp

www.linkedin.com/in/gtxcorp

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

http://instagram.com/gtxcorp

U.S. 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 GTX Corp Ships First Order of 200 Take Along 3G GPS Trackers to Our UK Partners

GTX Corp Exhibits GPS SmartSole® and Unveils New BLE SoleGuard™ in the U.K. at the Health + Care Event

LOS ANGELES, CA – June 22, 2017 – GTX Corp (OTCQB: GTXO), an IoT platform and global provider of tracking and monitoring wearable wandering assistive technology, today announced that the Company will be exhibiting its innovative product line including its flagship GPS SmartSole®, Take-Along Tracker 3G and unveiling its new BLE SoleGuard™ at Europe’s largest integrated health and social care event, taking place at the ExCel exhibition center in London on June 28th- 29th. The Health + Care event provides an opportunity for GTX and its U.K. distributor, Possum, to showcase its suite of wearable monitoring devices for seniors to the National Health Service (NHS), local government, care homes and the voluntary sector. More than 10,000 senior health and social care professionals are expected to come together and collaborate around implementing and integrating new technology into the healthcare sector.

Possum will have various SmartSole branded banners and promotional materials showcasing the GTX Corp products in a mock-up house on the show floor, illustrating the value of smart wearables and smart homes. Phil Iles, National Sales Manager UK & Ireland at Possum, along with Andrew Duncan, GTX Corp Director of Business Development will be in attendance demonstrating the GPS SmartSole, the Take- Along Tracker 3G and the new SoleGuard ™ insoles.

“We are pleased to support another innovative wearable, non-visible tracking device housed in an insole,” said Mr. Iles. “Based upon initial encouraging customer reaction, we expect the new SoleGuard to do very well in this market and beyond.”

The SoleGuard is part GTX Corp’s ongoing IoT product roadmap which utilizes cloud computing along with low cost and extremely low power consumption technologies, such as Bluetooth Low Energy (BLE), Wi-Fi and Radio Frequency (RF). Designed for indoor and close proximity monitoring, the Company is already looking at version 2.0, which will include a host of bio-metric functions such as vital signs, gait and activity monitoring.

Denmark distributor Tommy Rasmussen, Owner and Founder of Safecall, whom will be flying into London to meet with the GTX management team went on to say, “We believe it is critical to offer a full line of SmartSole products to our customers so that we fulfill all of their individual needs, whether it is the new short range, indoor monitoring solution like the SoleGuard or the longer range, outdoor wander recovery product like the GPS SmartSole.”

“We are excited to attend the Health + Care show and meet up with some of our European partners while demonstrating our growing suite of products to the stakeholders in the European healthcare community,” commented Mr. Duncan.

GTX Corp has been at the forefront of wearable tech for over a decade and holds numerous patents in the field of wireless communications and embedding miniaturized electronics inside footwear. The SoleGuard will be part of an ever-expanding suite of products being launched over the next year that will extend beyond monitoring and wandering recovery and into bio-metrics and home health. They will complement the Company’s flagship GPS SmartSole and will be sold alongside both the existing and new distribution channels. The U.S. launch is expected to be announced in the coming months.

Patrick Bertagna, GTX Corp CEO concluded, “Sensors are getting smaller, more power efficient and lower in cost while connectivity and computational power continues to increase. The combination of these technological advancements is leading us to new and exciting innovations, opportunities and markets. The mass acceptance of IoT is making it possible for physical objects (humans, vehicles, buildings, infrastructure and equipment) to seamlessly be connected while collecting and exchanging data and operating together as one. We are excited to be launching new products in new markets that are not just designed for seniors who wander, but appeal to a wider range of adults and children alike who need some type of digital oversight. By leveraging our intellectual property, footwear platform and industry knowledge we can explore implementing Sensor IoT technology as part of our strategic roadmap to expand our product offerings and reach broader market segments, from smart wearables to smart homes.”

Mr. Bertagna and Mr. Duncan will continue their travels in Europe with scheduled meetings in Germany and Switzerland to map out the second half of 2017 production, sales forecasts and other strategic European initiatives.

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, copyrights 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, block buster Smartphone GPS Tracking App, and award winning, patented GPS and BLE SmartSole, the world’s first, invisible wearable wander guard GPS tracking device, initially created for quick recovery of those at risk of wandering due to Alzheimer’s, dementia, autism or traumatic brain injury. GTX provides solutions that answer the “where” question: where is my mother, child, employee, vehicle, drone and high-value assets. The Company doesn’t just make and sell the best GPS tracking devices for seniors, 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. GTX puts the “Where” in Wearable Tech.

Online: www.gtxcorp.com Track My Workforce | GTX Corp – Latest Blog Post - www.gpssmartsole.com

Social media – #withyou     #smartsole

https://www.facebook.com/gtxcorpcom

http://www.twitter.com/gtxcorp

www.linkedin.com/in/gtxcorp

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

http://instagram.com/gtxcorp

U.S. 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 Exhibits GPS SmartSole® and Unveils New BLE SoleGuard™  in the U.K. at the Health + Care Event

SmartSole Independence Sale: $25 OFF + FREE SHIPPING!

In recognition of June being Alzheimer’s & Brain Awareness Month as well as America’s upcoming Independence Day, GTX Corp is pleased to offer a summer special of $25 OFF + FREE SHIPPING on all GPS SmartSole purchases made before Midnight July 5th!

BUY GPS SMARTSOLE NOW! 

Use Promo Code: INDEPENDENCE to claim this limited discount

independence SmartSole Independence Sale:   $25 OFF + FREE SHIPPING!

GTX Corp specializes in providing GPS tracking devices for seniors, is committed to helping keep your loved ones #withyou and believes that everyone is entitled to feel safe, independent and part of a community at all times.

With the aging population, death rates from Alzheimer’s are on the rise according to new reports. Although around 5.4 million Americans are estimated to have Alzheimer’s, the new research suggests that the number is more likely to be closer to 11 million when taking into account those who do not yet display symptoms of the condition.

Although there may not be a cure yet to this terrible disease, GTX Corp takes pride in helping provide peace of mind by keeping your loved ones safe and independent at an affordable price with our patented, award-winning GPS SmartSole.

Get your SmartSoles TODAY to take advantage of this limited time special offer!

#WITHYOU #ENDALZ #INDEPENDENCE

*Offer good on all GPS SmartSole purchases made by 11:59pm PST on Wednesday, July 5, 2017, while supplies last. 

 

share medium SmartSole Independence Sale:   $25 OFF + FREE SHIPPING!

GTX Corp Expands Distribution in Hong Kong and Chile and Files New Patent

LOS ANGELES, CALIFORNIA – June 14, 2017 – GTX Corp (OTCBB: GTXO), an IoT platform in the personal location wearable and wandering assistive technology business, announces expanding distribution into Hong Kong and Chile, as well as the filing of a new patent for its wearable yet invisible, monitoring and wandering recovery GPS SmartSole®.

“We are excited to be the first company to launch the GPS SmartSole in Chile and expect that this highly innovative, discrete product will bring relief to the many caregivers across Chile who struggle to look after loved ones afflicted with debilitating diseases such as Alzheimer’s and Dementia,” said Manuel Vargas, one of the founders of Centro de Día Damos Vida.

Founded in 2010, Centro de Día Damos Vida is the first adult day care center established in Chile specializing in people living with dementia disorders such as Alzheimer’s, vascular dementia and Lewy body dementia, providing a professional, compassionate and attentive home care program for their clients.

“After several months of testing, we are pleased to begin offering our senior residents the possibility of carrying out their normal lives while being securely and discretely monitored by our caregivers in case they wander and get lost,” said Jenny Choi at St James’ Settlement in Hong Kong. Founded by the Rt. Rev. Bishop R.O. Hall of the Anglican Church in 1949, St. James’ Settlement began as a club for boys and girls and by 2016, had 59 service points in operation across Hong Kong, with around 1,200 staff members to provide a vast range of high quality services for people of different ages and needs.

“Our new alliances in Chile and Hong Kong are part of our global distribution efforts to expand our brand and establish the patented GPS SmartSole® as the premier wandering assistive solution,” stated Andrew Duncan, GTX Corp Director of Business Development.

In addition and as part of its ongoing efforts to augment and expand its IP portfolio, GTX recently converted a provisional patent application filed last year into a new utility patent application. The patent application covers certain important manufacturing methods and structures of the GPS SmartSole® while leveraging prior filing dates.

Larry Henneman, GTX’s patent attorney, commented, “GTX Corp continues to improve and innovate around the implementation of tracking technology in wearable products like footwear. These ‘second level’ inventions clearly distinguish the pursuit and commitment of true technology developers, like GTX, from late to the party inventors that attempt to dabble in the field of wearable tech. This application builds upon GTX’s ongoing patent strategy to dominate and protect its business in the wearable tracking market with 14 patents already issued and hundreds of claims covering design and utility with priority dates going back to October 2002.”

GTX Corp has been at the forefront of wearable tech for over a decade and holds numerous patents in the field of wireless communications and embedding miniaturized electronics inside footwear. With several footwear wearable tech products currently in the market place and more expected out this year, the Company’s flagship GPS SmartSole® is a stigma free, safety and security wearable technology solution placed in the wearer’s shoes that contain a GPS tracking chip connected through Telefónica SA group’s (NYSE: TEF) global cellular network that sends location information to the GTX Corp proprietary IoT platform, showing the exact location of the individual wearing them. They come in several trim to fit sizes for both men and women, are water resistant, made with the highest quality German electronic components and assembled in Rhode Island, U.S.A.

The patented GPS SmartSole® is a non-visible tracking device, initially created as a wander guard recovery solution for those at risk of wandering due to Alzheimer’s, dementia, autism or traumatic brain injury, designed to monitor the location and whereabouts of people afflicted with cognitive memory disorders who have a tendency to wander, become lost or disoriented. They can also be used by people at risk of kidnapping, such as government employees, journalists and corporate executives.

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

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.

#   #   #   #

share medium GTX Corp Expands Distribution in Hong Kong and Chile and Files New Patent