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

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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.

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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. 

 

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Walking and Dementia

walking dementia Walking and Dementia

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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.

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GTX Corp Reports First Quarter 2017 Summary Results

LOS ANGELES, CA – May 16, 2017 – GTX Corp. (OTCQB: GTXO), an IoT platform and leading provider of personal location GPS wearable technology and wandering assistive technology, announced financial summary for the first quarter ended March 31, 2017.

First Quarter Highlights

  • Revenue increased 65% over 2016 comparable period
  • Subscriber revenue increased 162% over 2016 comparable period
  • Net operating losses decreased 3% over comparable period
  • Accounts payable decreased 34% over comparable period

During the quarter ended March 31, 2017 the Company continued exploring sales channel opportunities in Colombia, Japan, Hong Kong, Spain and the Middle East. Also attended numerous trade shows in the U.S. and Europe, introducing its technology, products and solutions to potential new strategic partners, distributors and customers.  Domestically the Company added two States in the reimbursement program, attended several industry trade shows and began a Google ad word advertising campaign directed at driving online consumer sales. Outside of social media brand awareness, this was the first time the Company spent money on advertising directly to consumers. The additional expenses along with non-cash derivative liabilities and the amortization of debt discounts related to debt financings caused a net loss increase by 88%, however strictly on an operational basis, the loss from operations actually decreased by 3% once you factor out the non-cash derivative liabilities. Expenses increased by 6% due to advertising and various other investments related to R&D and patent filings.

On the R&D front, the Company began three new product development projects. First being for a CDMA SmartSole that will be operational on the Verizon network expected to be released by early Q3. The second for a SmartSole lite which will be a lower price, limited function and available in children sizes, created for lower disposable income markets and for individuals that are not “at risk” due to Alzheimer’s or autism, but rather for more of a general population use, expected out in early Q4 2017. Third the Company began developing a Sole Protector, specifically designed for the GPS SmartSole and made of anti-microbial / anti-fungal material that repels moisture and odor, providing an extra layer of hygiene, covertness, protection and comfort. The Sole Protector was commercially launched on May 1st in the U.S., U.K., Sweden and Denmark, with over 500 pairs sold in the first week. In addition the Company began working with Energy Harvester to collaborate on the development of delivering on demand power to charge wearable electronics by harnessing energy through human motion that is integrated within footwear products, giving consumers, commercial, and military users the ability to charge their mobile devices and other electronic devices and sensors, as they walk. There are several other projects in the works and new product announcements will be made over the course of the year.

On the IP front – the Company worked closely with Inventergy on the Communication protocol monetization campaign, finalizing pricing models and a list of potential licensee’s. Inventergy has announced and publicly disclosed that in early January they sent out over 100 letters and subsequently an additional 20 letters have gone out as new potential licensees were identified. The Company was also approached by a footwear company that is interested in licensing several of the GTX Corp Shoe Patents. In addition management worked with existing IP counsel to prepare filings for new patents as an ongoing effort to expand and broaden its IP portfolio.

Patrick Bertagna, GTX Corp CEO, stated, “We are mindful of the tumultuous market conditions we have experienced in the past few weeks and realize that modest growth is not enough. Expectations are high and that’s why we remain focused on building our brand and product awareness on a global scale, while growing our channels of distribution and increasing product sales and subscribers from all our product categories along with exploring new IP licensing opportunities. But we are also focusing on our future and remain convinced that footwear will become a universal wearable tech platform and our patents will ensure long term growth, success and upside for GTX Corp and its stakeholders. This is why we stay committed to developing and introducing new products, like the SmartSoles that will operate on the Verizon network or home health solutions we are currently testing which will alert you if mom got out of bed or if her doors or windows are not closed. To the MoTo – Tracker which is a low cost GPS tracker designed to work with electric vehicles for seniors such as mobility chairs and scooters. We also continue to file more patents in order to increase the value of our IP portfolio and protect the business we are building. We stay committed to developing or partnering with other companies to introduce new technologies into the market place. We have already filed patents that allow the SmartSole to have GPS and cellular technology on one foot and other sensor technology on the other foot. We have started to work with Energy Harvester to help introduce self-generating power and last year George Mason University started a medical research trial using the GPS SmartSoles to collect data in order to predict wandering patterns. Their results which are expected out shortly will establish the SmartSoles not only as a solution to wandering, but as a tool that may help predict wandering habits. Once we can predict wandering patterns, we will look into putting other types of sensors in the SmartSoles that may in the future help predict if someone is prone to Alzheimer’s or a stroke. The SmartSole footwear platform protected by a growing IP portfolio is the real value of the Company.”

Bertagna continued, “Lack of sufficient capital for inventory, human resources, R&D and infrastructure remains a challenge, but Q4 of last year generated some extra cash and in Q1 we allocated some of that cash for advertising, personnel, patent filings and R&D. Having limited capital poses a challenge between investing in immediate growth or investing to ensure our future but we remain confident that we will navigate between the two and stay the course to continue to grow the business fundamentals along with positioning the Company for things to come in the future.”

About GTX Corp

GTX Corp (GTXO) is a pioneer in Smart, Mobile and Wearable GPS, cellular and BLE tracking and recovery location based services. Through its proprietary enterprise monitoring platform and licensing, subscription recurring revenue business model, GTX Corp offers a complete end-to-end solution of hardware, software and connectivity, backed by an extensive portfolio of patents, patents pending, registered trademarks, copy rights and URL’s.   Headquartered in Los Angeles, California, with distributors servicing over 20 countries, GTX is known for its game-changing patented GPS Smart Shoe, block buster Smartphone GPS Tracking App, and award winning, patented GPS and BLE SmartSole, the world’s first, invisible wearable wander guard GPS tracking device, initially created for quick recovery of those at risk of wandering due to Alzheimer’s, dementia, autism or traumatic brain injury. GTX provides solutions that answer the “where” question: where is my mother, child, employee, vehicle, drone and high-value assets. The Company doesn’t just make and sell the best GPS tracking products, they deliver innovative, miniaturized, low power consumption wearable tech that provides safety, security and peace of mind at the touch of a button. We put the “Where” in Wearable Tech.

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

Consumer Purchase of GPS SmartSoles

Social media – #withyou

https://www.facebook.com/gtxcorpcom

http://www.twitter.com/gtxcorp

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

http://instagram.com/gtxcorp

General information, licensing or investor relations:

213.489.3019

info@gtxcorp.com

 http://www.gtxcorp.com/about/licenseinquiry

ir@gtxcorp.com

 

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

 

Forward Looking Statements

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

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GTX Corp’s GPS SmartSole Exhibited Throughout Sweden

LOS ANGELES, CALIFORNIA – May 15, 2017 – GTX Corp (OTCBB: GTXO), an IoT platform in the personal location wearable and wandering assistive technology business, has been exhibiting its flagship GPS SmartSole throughout Sweden at numerous highly attended, premier industry events over the past several months alongside the Company’s Swedish distributor, Posifon.

Posifon, an IT/telecom company that, based on app- and mobile technology, develops new services for increased welfare, had representatives demonstrating the SmartSoles at the various events highlighted below, including the opportunity to present the patented product and participate on professional panels discussing the future of healthcare and welfare in Sweden as an example of a new innovative wearable technology.

  • 10-11 May        MAS/MAR Nurse Training Days in Stockholm (Attendance: 200 persons)

sweeden1 GTX Corp’s GPS SmartSole Exhibited Throughout Sweden

  • 9-10 May          Aid Exhibition in Gävle

sweeden2 GTX Corp’s GPS SmartSole Exhibited Throughout Sweden

  • 3-4 May            Dementia Forum Gothenburg (Attendance: 1000 persons)

sweeden3 GTX Corp’s GPS SmartSole Exhibited Throughout Sweden

  • 26-27 April       Vitalis E-health Forum Including 30 minute Presentation (Attendance: 1300 persons)

sweeden4 GTX Corp’s GPS SmartSole Exhibited Throughout Sweden

  • 20 April            Aid Exhibition Linköping
  • 19 April            Welfare Exhibition Katrineholm
  • 11 April            College Guest Lecturer for a Specialized Assistant Nurse Program in Gothenburg

Including 90 min speech for nurses about products and the technology (40 persons)

  • 26-28 March   Assistive Technology Forum Gothenburg (1000 persons from various municipalities and the healthcare sector)

sweeden5 GTX Corp’s GPS SmartSole Exhibited Throughout Sweden

  • 9 February       Regional Healthcare Conference Including Panel Presentation (150 persons)

sweeden6 GTX Corp’s GPS SmartSole Exhibited Throughout Sweden

  • 24-26 January  National Meeting of Welfare Technologies in Stockholm

Including 90 min speech about our new platform and the devices in front of the 8 municipalities (2000 persons)

sweeden7 GTX Corp’s GPS SmartSole Exhibited Throughout Sweden

Furthermore, Posifon’s products, including GTX Corp’s GPS SmartSole, have been well-represented at several municipalities and authorities throughout the country, with one of the authorities of Sweden deciding to write a white paper announcing the results of its R&D project with the eight municipalities during the past year which will set the standards in Sweden. The white paper is expected to be published at the end of this year.

Andrew Duncan head of international business development for GTX Corp commented, “We are very happy to be exhibiting the GPS SmartSole at numerous industry events throughout Sweden. The Posifon team has been extremely supportive as we continue to explore new business opportunities, expand our distribution channels and launch our products into new vertical markets across the Swedish market.”

Initially created as a wander guard recovery solution for those at risk of wandering due to Alzheimer’s, dementia, autism or traumatic brain injury, the patented GPS SmartSoles are a non-visible GPS and cellular tracking device designed to monitor the location and whereabouts of people afflicted with cognitive memory disorders who have a tendency to wander, become lost and disoriented. They can also be used by people at risk of kidnapping, such as government employees and corporate executives.  The SmartSoles are a stigma free, safety and security wearable technology solution placed in the wearer’s shoes that contain a GPS tracking chip connected through Telefonica’s 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.

About Posifon

Based in Göteborg, Sweden, Posifon AB is an IT/telecom company that, based on app- and mobile technology, develops new services for increased welfare. Positioned as an innovative company with a close connection to its customers, Posifon’s vision is that everyone, regardless of age, family situation, living situation and ability should be able to feel safe, independent and part of a community. Safety and independence means a higher quality of life. To fulfill the vision, Posifon will develop and offer adjusted mobile safety alarms with advanced additional services. Posifon is the leading player on the market for GPS based personal safety alarms, also called mobile safety alarms. Posifon also works in Norway with plans to expand further.

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

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

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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GPS SmartSoles exhibiting in the Vigil booth at the Argentum Senior Living Expo in Nashville May 1-3 2017

GTX Corp CEO Patrick Bertagna along with adviser Andy Carle attended the Argentum Senior Living Executive Conference & Expo, that convenes top thought leaders across senior living to address the most critical issues facing the industry. The event featured educational sessions, a leading expo highlighting solution providers, as well as events to network with industry colleagues, support senior living initiatives, and recognize top professionals.


nashville1 GPS SmartSoles exhibiting in the Vigil booth at the Argentum Senior Living Expo in Nashville May 1 3 2017
 

nashville2 GPS SmartSoles exhibiting in the Vigil booth at the Argentum Senior Living Expo in Nashville May 1 3 2017
 

nashville3 GPS SmartSoles exhibiting in the Vigil booth at the Argentum Senior Living Expo in Nashville May 1 3 2017
nashville44 GPS SmartSoles exhibiting in the Vigil booth at the Argentum Senior Living Expo in Nashville May 1 3 2017
About GTX Corp

GTX Corp (GTXO) is a pioneer in Smart, Mobile and Wearable GPS, cellular and BLE tracking and recovery location based services. Through its proprietary enterprise monitoring platform and licensing, subscription recurring revenue business model, GTX Corp offers a complete end-to-end solution of hardware, software and connectivity, backed by an extensive portfolio of patents, patents pending, registered trademarks, copy rights and URL’s.   Headquartered in Los Angeles, California, with distributors servicing over 20 countries, GTX is known for its game-changing patented GPS Smart Shoe, block buster Smartphone GPS Tracking App, and award winning, patented GPS and BLE SmartSole, the world’s first, invisible wearable wander guard GPS tracking device, initially created for quick recovery of those at risk of wandering due to Alzheimer’s, dementia, autism or traumatic brain injury. GTX provides solutions that answer the “where” question: where is my mother, child, employee, vehicle, drone and high-value assets. The Company doesn’t just make and sell the best GPS tracking products, they deliver innovative, miniaturized, low power consumption wearable tech that provides safety, security and peace of mind at the touch of a button. We put the “Where” in Wearable Tech.

Online: www.gtxcorp.com Track My Workforce | 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/

 

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