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

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

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

LOS ANGELES, CALIFORNIA – November 1, 2017 – GTX Corp (OTCBB: GTXO), an Internet of Things (IoT) solutions provider in the personal location, wearable and wandering assistive technology business, announced today that it has been invited to participate in the 2017 SoCalBio Digital Health Summit presented by the Southern California Biomedical Council, taking place on Tuesday, November 7, 2017 at the Ronald Tutor Campus Center at USC in Los Angeles, CA.

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

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

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

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

2) How to overcome challenges to IoMT innovation adoption.

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

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

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

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

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

 About SoCalBio

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

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

About GTX Corp

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

Headquartered in Los Angeles, California, with distributors in 14 countries and customers in over 35 countries, GTX is known for its award-winning patented GPS SmartSole® – Think Dr. Scholl’s meets LoJack, the world’s first invisible wearable technology device created for those at risk of wandering due to Alzheimer’s, dementia, autism and traumatic brain injury. Currently there are 100 million people worldwide who are part of this at risk wandering group and that number is expected to reach 277 million by 2050. The Company doesn’t just make and sell the best GPS tracking products, they deliver innovative, miniaturized, low power consumption wearable tech that provides safety, security and peace of mind at the touch of a button. We put the “Where” in Wearable Tech.

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

Social media – #withyou   #smartsole            #connectedandprotected

https://www.facebook.com/gtxcorpcom

http://www.twitter.com/gtxcorp

www.linkedin.com/in/gtxcorp

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

http://instagram.com/gtxcorp

General information, investor relations, wholesale licensing, consumer purchase:

213.489.3019

info@gtxcorp.com

ir@gtxcorp.com

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

Consumer Purchase of GPS SmartSoles

 

GTX Corp United Kingdom

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

Email: nsriddle@gtxcorp.com

Tel: +44 7785 364100

 

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

 

Forward Looking Statements

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

 

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

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

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

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

The company is best known for their GPS Smartsole® product, which is a smartphone-connected GPS tracker embedded in the insole of a shoe, think Dr. Scholl’s meets Lojack. As Bloomberg reported earlier this month, over 45 million Americans will be caring for 117 million seniors by 2020, and even major players like retail giant Best Buy (BBY) are making significant investments to sell products and services that enable adults to remotely monitor their aging parents. This is exactly the type of technology that GTX specializes in.

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

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

About GTX Corp

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

Headquartered in Los Angeles, California, with distributors in 14 countries and customers in over 35 countries, GTX is known for its award-winning patented GPS SmartSole® – Think Dr. Scholl’s meets LoJack, the world’s first invisible GPS wearable technology device created for those at risk of wandering due to Alzheimer’s, dementia, autism and traumatic brain injury. Currently there are 100 million people worldwide who are part of this at risk wandering group and that number is expected to reach 277 million by 2050. The Company doesn’t just make and sell the best GPS tracking products, they deliver innovative, miniaturized, low power consumption wearable tech that provides safety, security and peace of mind at the touch of a button. GTX puts the “Where” in Wearable Tech.

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

 

Social media – #withyou   #smartsole   #connectedandprotected

GTX Blog http://gpsinsole.com/

https://www.facebook.com/gtxcorpcom

http://www.twitter.com/gtxcorp

www.linkedin.com/in/gtxcorp

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

http://instagram.com/gtxcorp

 

General information, investor relations, wholesale licensing, consumer purchase:

213.489.3019

 

info@gtxcorp.com

ir@gtxcorp.com

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

Consumer Purchase of GPS SmartSoles

 

GTX Corp United Kingdom

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

Email: nsriddle@gtxcorp.com

Tel: +44 7785 364100

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​GTX Corp’s (GTXO) Military Contract Shows an IoT Provider Soaring in Multiple Sectors

gtxcorpreceivesfirstusgovenmentcontractforgpstrackingtechnology ​GTX Corps (GTXO) Military Contract Shows an IoT Provider Soaring in Multiple Sectors

It is a remarkable moment for the secular shift to the Internet of Things. This new technology is permeating into many corners of various industries and disrupting a myriad of legacy business models. One company at the forefront is GTX Corp (GTXO), an innovator with a sizeable portfolio of patented and award-winning technologies. Recently, the company announced a brand-new contract with the Department of the Air Force, further validating its industry-leading GPS wearable technology.

GTX will be supplying Edwards Air Force Base with specially-designed non-cellular GPS technology to track personnel and equipment. The Personnel/Equipment Tracking System (PETS) developed by GTX allows for large-scale monitoring of both human and non-human assets in remote areas with poor cellular coverage. GTX’s devices for the Air Force will… Read the full article at Equities.com

About GTX Corp

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

Headquartered in Los Angeles, California, with distributors in 14 countries and customers in over 35 countries, GTX is known for its award-winning patented GPS SmartSole® – Think Dr. Scholl’s meets LoJack, the world’s first invisible GPS wearable technology device created for those at risk of wandering due to Alzheimer’s, dementia, autism and traumatic brain injury. Currently there are 100 million people worldwide who are part of this at risk wandering group and that number is expected to reach 277 million by 2050. The Company doesn’t just make and sell the best GPS tracking products, they deliver innovative, miniaturized, low power consumption wearable tech that provides safety, security and peace of mind at the touch of a button. GTX puts the “Where” in Wearable Tech.

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

 

Social media – #withyou   #smartsole   #connectedandprotected

GTX Blog http://gpsinsole.com/

https://www.facebook.com/gtxcorpcom

http://www.twitter.com/gtxcorp

www.linkedin.com/in/gtxcorp

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

http://instagram.com/gtxcorp

 

General information, investor relations, wholesale licensing, consumer purchase:

213.489.3019

 

info@gtxcorp.com

ir@gtxcorp.com

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

Consumer Purchase of GPS SmartSoles

 

GTX Corp United Kingdom

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

Email: nsriddle@gtxcorp.com

Tel: +44 7785 364100

share medium ​GTX Corps (GTXO) Military Contract Shows an IoT Provider Soaring in Multiple Sectors

GTX Corp Receives Military Contract

Department of the Air Force Awards Contract for Personnel/Equipment Tracking System
gtxcorpreceivesfirstusgovenmentcontractforgpstrackingtechnology GTX Corp Receives Military Contract
LOS ANGELES, CALIFORNIA – September 20, 2017 – GTX Corp (OTCBB: GTXO), an Internet of Things (IoT) solutions provider in the personal location, wearable and wandering assistive GPS technology business, announced today that it has filed and 8K for receiving a material contract from the Department of the Air Force to supply  Edwards Air Force Base (AFB), located in Southern California, with a non-cellular, encrypted GPS technology platform in order to track personnel and equipment on the base.

Edwards AFB will be the first military base to deploy the new GPS devices which are specifically developed by GTX Corp for large scale installations and bases that need to monitor the location and movement of both human and non-human assets, but due to their remote location or lack of conventional cellular coverage, the devices need to transmit through RF technology, report latitude and longitude coordinates every second and encrypt the data. The customized devices will be enclosed in a hardened military grade encasement with the system consisting of transportable GPS trackers, repeaters, which will be strategically installed throughout the base. The Personnel/Equipment Tracking System (PETS) will have solar panels to achieve several months of battery life and a base station that collects the encrypted data for display.

Under the contract, GTX Corp will be responsible for the manufacturing, installation and ongoing maintenance and support of the PETS platform. The Company plans to start delivering parts of the contract in the coming weeks and throughout the remainder of 2017 and into 2018. All of the hardware and most of the software and firmware is expected to be manufactured and coded by the Company at its headquarters in Los Angeles, California.  

Patrick Bertagna, GTX Corp CEO, commented, “Receiving our first sizeable military contract is a significant milestone for the Company and is a true testament to our teams’ collective years of experience and knowledge about the GPS tracking business. We are deeply honored to have been awarded this contract and view this as a great opportunity to develop and deliver technology solutions that at the core are designed to help save lives. Edwards AFB conducts live ammunitions testing, and hence knowing where every person and asset are on the base in real time is of vital importance. I want to conclude by wishing the Air Force a happy 70th birthday.”

In preparation for developing an ongoing relationship with the military, GTX Corp has renewed and updated its System for Award Management (SAM) and General Services Administration (GSA) entity registrations.

Known for its patented GPS SmartSole and Smartphone GPS Tracking App, GTX Corp has previously been recognized and granted numerous awards 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, in AARP top 10 best new technologies for seniors, the People’s Choice Award for most innovative connected device, 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.

 

About GTX Corp

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

Headquartered in Los Angeles, California, with distributors in 14 countries and customers in over 35 countries, GTX is known for its award-winning patented GPS SmartSole® – Think Dr. Scholl’s meets LoJack, the world’s first invisible GPS wearable technology device created for those at risk of wandering due to Alzheimer’s, dementia, autism and traumatic brain injury. Currently there are 100 million people worldwide who are part of this at risk wandering group and that number is expected to reach 277 million by 2050. The Company doesn’t just make and sell the best GPS tracking products, they deliver innovative, miniaturized, low power consumption wearable tech that provides safety, security and peace of mind at the touch of a button. GTX puts the “Where” in Wearable Tech.

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

 

Social media – #withyou   #smartsole   #connectedandprotected

GTX Blog http://gpsinsole.com/

https://www.facebook.com/gtxcorpcom

http://www.twitter.com/gtxcorp

www.linkedin.com/in/gtxcorp

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

http://instagram.com/gtxcorp

 

General information, investor relations, wholesale licensing, consumer purchase:

213.489.3019

 

info@gtxcorp.com

ir@gtxcorp.com

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

Consumer Purchase of GPS SmartSoles

 

GTX Corp United Kingdom

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

Email: nsriddle@gtxcorp.com

Tel: +44 7785 364100

 

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

 

Forward Looking Statements

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

 

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GTX Corp 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 Signs Patent Licensing Agreement with Inventergy And adds new IP expert Advisor

Los Angeles, Calif. – May 10, 2016– GTX Corp (OTCBB: GTXO), an IoT platform in the personal location wearable and wandering assistive technology business, announced today signing a Letter of Intent with a binding lock-up with Inventergy Innovations, LLC  (“Inventergy”), a subsidiary of Inventergy Global, Inc. (NASDAQ: INVT) a Silicon Valley-based intellectual property company, led by IP industry veteran and former Hewlett-Packard  executive, Joe Beyers. INVT is dedicated to identifying, acquiring and licensing the patented technologies of market-significant technology leaders and leverages decades of corporate experience, market and technology expertise, and industry connections to assist Fortune 500 companies in leveraging the value of their innovations to achieve greater returns on their IP portfolios.

 

Joe Beyers, Founder, Chairman and CEO of INVT stated, “We are excited about teaming up with GTX to monetize this valuable intellectual property. We believe that the GTX patents are applicable to remotely configurable tracking and location devices including smartphones and other GPS based products that are in use today and will be even more heavily deployed in the future as the wearable market grows. Collectively this represents a very sizable addressable market.”

 

As part of a final agreement, Inventergy will be granted  exclusive rights to license or sell the three GTX patents – US 8,154,401, US 8,760,286, and US 9,219,978, commonly referred to as the “Comm. Protocol” or “286” Family. Inventergy will be spearheading the monetization campaign, with a proposed revenue share on all future licensing royalties or possible sale of the portfolio.  Inventergy will begin making initial payments to GTX upon closing and quarterly pre-payments starting in Q1 2017.  Inventergy will also be financing and managing the ongoing maintenance of the Comm Protocol patents in collaboration with GTX and will continue to file ongoing claims, exploiting the open continuation status of the portfolio.  GTX will provide assistance on the ongoing filings under a consulting agreement in which GTX in will be paid shares of INVT common stock.

 

Andrew Duncan, head of IP strategy and business development at GTX Corp said, “We believe that the Comm Protocol Family of patents are essential for any company actively involved in the U.S. with handheld devices and technologies that incorporate 2 way GPS tracking. In partnership with Inventergy, we are looking forward to building a successful licensing program around these patents and together continue to invest in and expand the reach of the portfolio.”

As part of an overall comprehensive monetization and licensing strategy, GTX has also brought on Darius Sankey, PhD as a new advisor to help manage the different ongoing campaigns. Dr. Sankey is a general partner at Accelerate-IT Ventures, was a managing director at Ocean Tomo, and a seasoned executive in the ventures capital and technology industries.

Dr. Sankey will be an integral part of the GTX team as the Company continues to explore other licensing and business opportunities by leveraging its broad patent portfolio.

 

Dr. Sankey commented, “GTX Corp has one of the most strategic Patent portfolios I have seen in the intersection of wearable technologies and personal wireless location based services.  Tremendous value can be generated from the partnership between INVT and GTX Corp and I’m excited to bring expertise to help unleash the full potential of the GTX portfolio.”

Patrick Bertagna, GTX Corp Chairman and CEO concluded, “Being at the forefront of this industry we have been filing patents since 2002, including these communication protocols which we filed back in 2008 when Apple hadn’t even launched its first iPhone yet. Today GPS is in millions of devices and has become ubiquitous. After months of due diligence in looking for the right strategic partner to help us maximize IP revenues and monetize this treasure trove of patents, we are very excited to have partnered with Inventergy and to have Dr. Sankey join our team. Our commitment to monetizing our IP and increasing our overall enterprise value is strong and we are making the pledge to our shareholders that we will properly manage and create value of our biggest asset, our intellectual property portfolio.”

About Inventergy Global, Inc.
Inventergy Global, Inc. (NASDAQ: INVT) is a Silicon Valley-based intellectual property company dedicated to identifying, acquiring and licensing the patented technologies of market-significant technology leaders. Led by IP industry pioneer and veteran Joe Beyers, the Company leverages decades of corporate experience, market and technology expertise, and industry connections to assist Fortune 500 companies in leveraging the value of their innovations to achieve greater returns. For more information about Inventergy Global, visit www.inventergy.com.

 

About GTX Corp

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

 

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

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

 

Social media #withyou #smartsole

www.facebook.com/gtxcorpcom

www.twitter.com/gtxcorp

www.pinterest.com/gtxcorp

www.instagram.com/gtxcorp

 

General information, licensing or investor relations email:

info@gtxcorp.com

213.489.3019

ir@gtxcorp.com

 

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

 

Forward Looking Statements

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

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share medium GTX Corp Signs Patent Licensing Agreement with Inventergy  And adds new IP expert Advisor

GTX Corp Comments on 2015 Performance and 2016 Roadmap

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

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

2015 Milestones:

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

Management commentary:  Patrick Bertagna, CEO of GTX Corp.

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

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

Currently there are 100 million people worldwide who are part of this wandering group and that number is expected to reach 277 million by 2050. We continue to believe that the approach of delivering wearable wandering assistive technologies to this growing global population is the most effective way for us to gain traction in the market place. That traction is measured by how many subscribers we have and revenue per subscriber (RPS) which both significantly increased this year for us.

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

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

About GTX Corp

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

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

Social media – #withyou #smartsole

www.facebook.com/gtxcorpcom

www.twitter.com/gtxcorp

www.pinterest.com/gtxcorp

www.instagram.com/gtxcorp

 

General information, licensing or investor relations email:

info@gtxcorp.com

213.489.3019

ir@gtxcorp.com


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

Forward Looking Statements

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

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share medium GTX Corp Comments on 2015 Performance and 2016 Roadmap

GTX Corp Granted Broad Communication Protocol Patent

In New Era of “Wearable Tech”

U.S. patent No. 8,760,286 Reinforces the Value of the GTX IP Portfolio and Strengthens its Position in a Rapidly Growing Multi Billion Dollar Market

Los Angeles, Calif. – July 8, 2014 – GTX Corp. (OTCQB: GTXO), a leading provider of personal location wearable technologies, was granted another U.S. patent related to its location based monitoring platform. The recently issued U.S. patent No. 8,760,286 (the ‘286 patent) is a significant addition to the existing family of communication protocol patents and to GTX Corp’s overall patent portfolio. GTX delivers solutions to a growing global audience of over 100 million people with cognitive memory disorders, including Alzheimer’s, dementia, Autism and Traumatic Brain Injuries (TBI) and has been building its intellectual property portfolio of Patents, Trademarks and URL’s since 2002.

 

–        The inventions of the ‘286 patent and its 36 claims generally cover the transmission of location data from a tracking device, of any kind, to a server, in the event that the tracking device is at some point in time unable to connect to the server and consequently has to store the location data until it is again able to establish a communication link. This feature preserves the “bread crumb trail” even when the device goes temporarily out of communication range.  The inventions also enable the remote modification of how frequently a tracking device buffers location data when the device is unable to communicate with the server.

 

–    The patent is not just restricted to footwear but has far broader implications, effecting ANY tracking device from embedded devises as in the case of the GPS SmartSole™ or GPS watch for example to the ubiquitous stand alone, hand held devices.

 

–    Patent ‘286 is part of a family of patents that GTX has filed over the years related to communication protocols with priority filing dates going back to February 8, 2008. In addition the company continues to exercise its ability to file additional patents around inventions related to the same area of core GPS functionality with the same early priority date; allowing the significance and importance of the patent(s) to all GPS related products to expand and grow.

 

“This is a potentially game changing event in our intellectual property roadmap,” commented Larry E. Henneman, Jr., GTX Corp’s patent counsel. “The ‘286 patent is very significant because it is relevant to a great majority of the GPS Tracking industry. The scope of this patent extends far beyond footwear applications and into areas such as GPS watches, other Wearables, hand-helds, and tracking devices in general. The additional value of the ‘286 patent is that it is one of a family of patents, that GTX Corp continues to build and expand upon, all entitled to a priority filing date going back to early 2008.”

 

“Patent ‘286 is a real strong addition to our IP portfolio because it applies to our flagship products such as the GPS SmartSoles, along with perhaps other competitive  technologies which require communications to a backend platform, hence strengthening our position within the wearable tech industry,” stated Andrew Duncan GTX Corp Director and head of IP strategy.

 

 

 

Patrick Bertagna, CEO of GTX Corp concluded, “Recently Nokia announced its entry into the wearable tech market, joining Apple, Samsung, Google and Microsoft, which enforces the reason why GTX has been investing in IP for over a decade, long before “wearable tech” was an Industry or buzz word.” As a pioneer in this space and now watching these companies enter the market, we are pleased to have made the early investments in building a robust IP portfolio and having had excellent counsel along the way, all together increasing the overall GTX enterprise value.”

 

 

About GTX Corp

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

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

 

Online:

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

 

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

 

Investor Relations ir@gtxcorp.com

 

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

 

Forward Looking Statements

This news release contains forward-looking statements. The terms and phrases “expects”, “would”, “will”, “believes”, and similar terms and phrases are intended to identify these forward-looking statements. Forward-looking statements are based on estimates and assumptions made by GTX in light of its experience and its perception of current conditions and expected future developments, as well as other factors that GTX believes are appropriate in the circumstances. Many factors could cause

GTX’s actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements. Certain risk factors that may cause actual results to differ are set forth in GTX’s Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (which may be obtained at http://www.sec.gov). These factors should be considered carefully, and readers should not place undue reliance on GTX’s forward-looking statements. GTX has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

share medium GTX Corp Granted Broad Communication Protocol Patent

GTX Corp Granted 2 New Patents

Enhanced Intellectual Property Portfolio Strengthens Position

In New Era of “Wearable Tech”

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

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

 

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

 

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

 

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

 

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

 

About GTX Corp

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

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

 

Online:

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

 

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

 

Investor Relations ir@gtxcorp.com

 

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

 

Forward Looking Statements

This news release contains forward-looking statements. The terms and phrases “expects”, “would”, “will”, “believes”, and similar terms and phrases are intended to identify these forward-looking statements. Forward-looking statements are based on estimates and assumptions made by GTX in light of its experience and its perception of current conditions and expected future developments, as well as other factors that GTX believes are appropriate in the circumstances. Many factors could cause

GTX’s actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements. Certain risk factors that may cause actual results to differ are set forth in GTX’s Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (which may be obtained at http://www.sec.gov). These factors should be considered carefully, and readers should not place undue reliance on GTX’s forward-looking statements. GTX has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

share medium GTX Corp Granted 2 New Patents