GTX Corp Announces Starting Commercial Production of GPS SmartSoles

Initial Q1 2015 Delivery of SmartSoles Already Sold Out

 

LOS ANGELES, CALIFORNIA – OCTOBER 30, 2014 – GTX Corp. (OTCBB: GTXO), a pioneer and global provider of personal location wearable technologies, is pleased to announce that it has officially entered the volume production cycle for its GPS SmartSoles, with expected first delivery in late December. The GPS SmartSoles are being manufactured in partnership with Atlantic Footcare, Inc., a leading designer and manufacturer of orthotic insoles for over 20 years and strategic partner of the Company.

“We have hit a true tipping point with this initial production run of our patented GPS SmartSoles,” commented Patrick Bertagna, CEO of GTX Corp.  “All of the units in the first delivery are already spoken for with our current backlog and demand, from high profile pilot programs to actual orders we have received in the recent months. Shipping these units in the field starts to build upon our channel partner pipeline and recurring revenue base of installed units, and more importantly allows us to start shipping production units to our potential large accounts transitioning out of their pilots into a commercial status. We have put into production a 4 month rolling forecast expecting delivery of the first units to arrive and be deployed by late Q4 2014 throughout Q1 2015.”

“We have been extremely pleased from the high quality standards implemented by our manufacturing partners, which use the highest quality and most advanced GPS and Cellular electronics, designed and assembled in Germany, before being manufactured into insoles in Rhode island”, commented Andrew Duncan, Director at GTX and Head of Product and Business Development . “Our decade plus experience in the wearable GPS market and close ties and heritage to the technology and footwear industry have allowed us to develop, patent, manufacture and bring to market a state of the art product, garnering worldwide attention, in a short period of time.”

The GPS SmartSole features a miniaturized GPS and cellular tracking chip embedded in a comfortable, cut to fit, water resistant insole, providing the ability to track persons of interest remotely from any computer, tablet or smartphone.  The GPS SmartSole is powered by an inductive charging rechargeable battery that lasts 3-5 days on a single charge.

“The interest and demand for our GPS and BLE SmartSole products increases every week,” continued Mr. Bertagna. “From the media buzz to assisted living facilities, police departments, security agencies and caregivers of those afflicted with Alzheimer’s, Autism and TBI are stepping up to be the first users of the SmartSoles. The recent current events have also sparked interest from the UN to track health workers in West Africa along with support staff and journalists in the Middle East. This is truly exciting times for GTX and we are ready to commercially bring this product to market.”

About GTX Corp

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

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

Product and licensing email: info@gtxcorp.com or http://www.gtxcorp.com/about/licenseinquiry

About Atlantic Footcare

Atlantic Footcare has been a leading designer and manufacturer of insoles for over 20 years.  Known internationally for its innovative products under the Prothotics and Prosole brands, the Company and its Asian affiliates have supplied millions of insoles to major athletic and shoe companies where its record for quality, price and service is at world class standard. With over seventy people employed all contributing to the proud Made in U.S.A. label. Atlantic also supplies the professional medical market with Medicare (PDAC) reimbursable insoles for comfort and diabetic care from its plant in Rhode Island; along with being a primary supplier of insoles for US military footwear.

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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About Alzheimer’s disease

It is estimated that more than 5.4 million people in the United States suffer with Alzheimer’s disease and over 500,000 new patients are diagnosed every year, with almost one in eight older Americans affected by the disease. Alzheimer’s is the third leading cause of death in the United States. The cost of unpaid care in the United States is estimated at over $210 billion and estimated that the expenditures in the United States will exceed $1.4 trillion by 2050.

While there is no cure in sight, there is a solution that can help monitor those who are afflicted. GPS SmartSoles empowered by GTX Corp

The GTX Corp GPS SmartSoles were exhibited this past week at the Wiser Living building at the “Great Minnesota Get Together” (State Fair)

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GPS SmartSoles™ Expand into Canada

Safe Tracks GPS Canada, Inc. Places First Commercial Order

Los Angeles, September 3, 2014 – GTX Corp (OTCBB: GTXO), a pioneer and global provider of personal location wearable technologies, is pleased to announce the receipt of a volume purchase order for its flagship GPS and BLE SmartSole line of products from Canadian distributor Safe Tracks GPS Canada , Inc. (“Safe Tracks”), a GPS electronic monitoring and safety solution provider across Canada.

After four months of testing the patented GPS tracking “SmartSole” will become commercially available in Canada next month through Safe Track’s e-commerce Website, www.safetracksgps.ca and Canada’s largest GSM cell phone provider, with over 9.2 million users servicing 95% of Canada’s population, will be the Canadian wireless data provider.

“During our testing period, SafeTracks GPS Canada has received an abundance of inquiries in regards to the release of the GPS SmartSoles in Canada. In preparation for the launch we recently completed a series of television interviews which began airing last week, along with other media venues in the Greater Toronto Area. The feedback so far indicates the GPS SmartSoles will be the monitoring wearable technology to make a difference for many caregivers. Current pilot projects of the GPS SmartSoles have yielded spectacular results and we are looking forward to the official launch in October,” quotes Bob Aloisio, Vice President of SafeTracks GPS Canada.

According to the Alzheimer’s Society in Toronto, an estimated 500,000 Canadians have Alzheimer’s disease or a related dementia condition, and within a generation, that number will more than double, ranging between 1 and 1.3 million people. The impact of Alzheimer’s and related dementias involves the sufferer’s entire family, and thus affects far more than the half million people who have been actually diagnosed with the disease. Alzheimer’s disease is the second most feared disease for Canadians as they age.

The patented GTX Corp wearable technology enables wearers to be monitored remotely, there by helping to ensure their safety and freedom, providing peace of mind to their caregivers, and reducing the cost of more frequent human oversight due to wandering. The GPS SmartSoles are embedded with a miniaturized proprietary integrated GPS / Cellular chipset and SIM card that is unique to each wearer.  The GPS SmartSoles will communicate via Roger’s Canada cellular network, and send location coordinates via a wireless data connection, similar to sending SMS messages on a cell phone. If the wearer wanders outside of a pre-set location determined by the caregiver, an SMS or e -mail message will alert the caregiver instantly.

“The GPS SmartSoles allow you to care when you can’t be there. Other devices are either too complicated or tend to be left behind or even rejected by the Alzheimer’s and Dementia sufferers, but the SmartSoles are more friendly and a more reliable means of keeping track of those who wander, because of the likely hood that they will be on the wanders feet when they elope. As a result, Alzheimer’s sufferers who simply wear their shoes are receiving better care and enjoying a more flexible lifestyle and quality of life, while caregivers keep the cost of supervision required, reduced to as little as a dollar a day,” stated Andrew Duncan, GTX Corp’s head of International Sales.”

About GTX Corp

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

Through a robust enterprise platform and licensing business model the Company offers a complete end to end solution of location based hardware, middleware, apps, connectivity and professional services. Letting you know where or how someone or something is at the touch of a button, delivering security and peace of mind in an instant. GTX Corp also owns and operates LOCiMOBILE, 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: 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   www.stockr.com/gtxo

About Safe Tracks

SafeTracks GPS Canada was founded in 2009 with the mandate of increasing both public and personal safety and independence with the use of GPS and other Communications.  SafeTracks has quickly become a leader in Canada in Offender Electronic Monitoring and Personal GPS Safety Systems for applications from Dementia to Work Alone Personal Safety.  SafeTracks innovative thinking will ensure they are a leader of GPS based tracking devices as the industry evolves. Our current product line will allow us to penetrate this universal market quickly and efficiently. Our valued partners include the following high profile companies; Rogers Wireless, Northern 911 Emergency Monitoring Service and various software providers.  SafeTracks GPS has built a reputation at being at the forefront of cutting edge technologies.

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 Comments on Q2 Performance and Outlook

Los Angeles, Calif. – August 14, 2014 – GTX Corp (OTCQB: GTXO), a pioneer in personal location wearable technologies, announced today commentary on its second quarter performance, along with the outlook for the balance of 2014.

Q2 2014 Highlights:

  • Launched pilot program for GPS & BLE SmartSoles with 30 active and pending programs in 12 countries
  • Accepted orders for close to 1,000 GPS and BLE SmartSoles
  • Launched 2 products on Amazon
  • Continued penetration of products into new Drone vertical with over 300 units shipped
  • Integrated wireless inductive charging in embedded and stand-alone products
  • Strengthened intellectual property portfolio with key patent “286” addition
  • Featured in WSJ, CNN, BBC, FOX News, Business Journals and several others media outlets.

“As we discussed in our last shareholder update, GTX continues its transition from the licensed GPS Shoe model to the direct product to user model and is focusing its efforts on product development and channel partner distribution,” commented Patrick Bertagna, Chief Executive Officer of GTX Corp. “As we begin finalizing our product development phase and get closer to a commercial launch we are starting to ramp up our marketing initiatives through – trade shows, social media campaigns, recent press and our existing global relationships, and have been successfully enrolling potential partners into our Pilot Programs. We are currently managing 10 – 15 inquiries per week and plan to enroll up to 100 pilots. We are working closely with select groups ranging from assisted living communities, health organizations, Int’l distributors, domestic resellers and sales organizations, advocacy groups and high profile influencers in the sports, media, academia, security, government, municipal and philanthropic organizations that we believe have the potential to result in large scale deployments in the future.”

 

Mr. Bertagna continued, “In addition to our product and business development activities, we have also made significant strides in enhancing the value of our IP portfolio, through the issuance of our latest patent, which we refer to as our ‘286 Patent’.  The 286 Patent is significant and a possible game changer as it covers communication protocols across a broad range of wearable devices with respect to how they store and transmit data.  Even more significant is the priority date granted, which dates back to early 2008, providing us with significant intellectual property protection and potential for monetization.”

“The Company has developed and introduced to the market place a robust line of GPS, Cellular and BLE monitoring and tracking technology across 3 product lines – embedded, all purpose, and digital – all 3 come with different monthly subscription plans ranging from $2.00 to $30 per month and all 3 are currently being sold into the market place. As our channels of distribution for these 3 product lines start to convert from pilots or soft launch to full commercial rollouts, the Company should start realizing an increase in unit and App sales and related monthly recurring service fees.  As we move into the back end of the year, we remain confident in our direct product to user approach and appreciate the support we have received from the industry, our partners and our shareholders alike.”

About GTX Corp

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

Through a robust enterprise platform and licensing business model the Company offers a complete end to end solution of location based hardware, middleware, apps, connectivity and professional services. Letting you know where or how someone or something is at the touch of a button, delivering security and peace of mind in an instant. GTX Corp also owns and operates LOCiMOBILE, 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: 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   www.stockr.com/gtxo

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 Announces Product Availability on Amazon.com

Los Angeles, Calif. – June 24, 2014 – GTX Corp. (OTCQB: GTXO), a leading global provider of personal location wearable technologies, is pleased to announce the availability of its products on Amazon.com, the world’s largest e-commerce store.  The first products offered include the company’s VL2000 Take-Along GPS Tracker and the Code Amber Alertags.

“Amazon.com is the most trusted source for consumer products on the internet,” commented Patrick Bertagna, CEO of GTX Corp. “Our Take-Along GPS Tracker and CodeAmber Alertags are ideally suited within Amazon.com’s selection of wearable technologies and medical technologies.  In addition, the use of Amazon.com’s fulfillment services provides us with instant scale as we continue to increase marketing around our core products, preparing for the full consumer launch of our SmartSoles.”

The VL2000 Take-Along tracking/talking device is a miniaturized quad-band GPS device optimized for today’s demanding requirement were location based safety, security and connectivity are paramount. Providing complete GSM/GPRS communications, the GTX Corp Take-Along GPS Tracker/Locator helps you track and monitor; the wandering patient, children, teenagers, pets or your workforce, from the lone-worker to large fleets, and can also be used for any number of other tracking/locating applications. The Take-Along Mini GPS Tracker/Locator provides peace of mind by providing notifications via text or email when a loved one leaves a Geo Zone defined by you. Geo Zones can be as small as a house or building or as large as a neighborhood or city.  Our state-of-the-art 24/7 Web Portal is easy to access from any computer or tablet to monitor your Take-Along Tracker’s location and create performance reports and you can also download the GTX Corp free Smart Locator App for iOS devices.

The VL2000 Take-Along tracker can be found on Amazon.com here: http://bit.ly/GTXTakeAlongTracker

The Code Amber Alertag leverages current technology to bring the old Medic Alert Bracelets into the 21st Century to provide immediate life-saving medical information to first responders at the scene of a medical emergency.

By scanning the QR code on the back of the Alertag with a Smart Phone or a Handheld Scanner carried by First Responders, or entering the ten digit account code into our secure web site, life saving information about a patients medical conditions, treatments, allergies or afflictions become instantly available and is displayed on the scanning device.

The Code Amber Alertag can be found on Amazon.com here: http://bit.ly/CodeAmberAlertag

About GTX Corp

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

Through a robust enterprise platform and licensing business model the Company offers a complete end to end solution of location based hardware, middleware, apps, connectivity and professional services. Letting you know where or how someone or something is at the touch of a button, delivering security and peace of mind in an instant. GTX Corp also owns and operates LOCiMOBILE, 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: 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   www.stockr.com/gtxo

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 Comments on 2013 Performance and Positioning for 2014

 

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

 

2013 Milestones:

 

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

 

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

 

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

 

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

 

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

 

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

 

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

 

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

 

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

 

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

 

About GTX Corp

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

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

 

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

 

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

Investor Relations ir@gtxcorp.com

 

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

 

Forward Looking Statements

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

 

 

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GTX Corp Launches New Multi Purpose GPS Tracking Device

The GTX VL2000 broadens the Company’s product offering

with a robust ultra small standalone tracking & talking device

vl2000 150x150 GTX Corp Launches New Multi Purpose GPS Tracking Device Los Angeles, Calif. – April 2, 2014 – GTX Corp. (OTCQB: GTXO), a leading provider of personal location wearable technologies, is pleased to announce the launch of its VL2000 Wear-Where tracking/talking device, a miniaturized quad-band GPS device optimized for today’s demanding requirement were location based safety, security and connectivity are paramount.

The VL2000 boasts a series of new features and functionality designed to provide end users with a comprehensive tracking in an ultra-portable form factor. In addition to standard real time GPS tracking and geo-fencing, the VL2000 comes standard with GSM/GPRS connectivity, providing both voice and data communications, enabling tracking and monitoring along with the ability for the device to call a preset phone number when directed.  The device also includes an SOS button that can send email or text alerts to a user defined list of up to 25 people and has been designed with extended battery life in mind through a motion sensor that puts the device in sleep mode preserving battery life for up to 2 weeks on a single charge.  In addition, GTX is introducing wireless inductive charging for ease of recharging, eliminating the need to plug in the device for charging.

 

As with all GTX Corp wearable tech solutions, this device comes with access to the GTX Corp Tracking Portal and monitoring app for easy access from any internet connected computer, smart phone, tablet or Smart Locator App, empowering you to track and monitor your workforce, recover a wandering patient, keep an eye on your children or pets and can be implemented in a variety of applications. For those on the go the device can be located by simply calling it from a cell phone and within 30 seconds the VL2000 will reply back with a text message including a Google map link with its location.

 

“The VL2000 is the most advanced and widely applicable tracking product that we have introduced to date,” commented Patrick Bertagna, CEO of GTX Corp. “GTX has been providing location based solutions to the market for years, and we understand the needs of our users.  We have collected feedback from our of customers and introduced a product applicable to a wide variety of markets, from tracking people, to pets, to high value cargo and beyond.”

 

The VL2000 is available for sale to both consumers and business offered through GTX’s website and can be found at the following link: https://www.portable-gps-devices.com/vl2000/. The unit retails for $179.00 including the first month free service which comes with a choice of two voice and/or data plans. For businesses requiring larger installations, an enterprise program and evaluation kit is available along with volume pricing.

 

“The VL2000 is the latest look into our product roadmap of miniaturized, low power consumption and inductive wireless charging hardware architecture,” continued Mr. Bertagna. “With our current focus on broadening our product offering and augmenting our sales channels from B2B to B2C, whether through wearable’s like our flagship GPS SmartSoles, multi purpose devices like our new VL2000, or digitally through our smart phone and tablet App, we are positioning GTX as a comprehensive solution provider and true leader in wearable tracking technologies, driving towards an increasing monthly subscription base and revenues for the benefit of all GTX stakeholders.”

 

 

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.

 

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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.

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GTX Corp to Launch Indoor Monitoring Bluetooth SmartSoles

New Wearable BLE Technology Expands Product Suite and Market

Los Angeles, Calif. – March 6, 2014 – GTX Corp. (OTCQB: GTXO), a leading provider of personal location wearable technologies, is pleased to announce the introduction of its new Bluetooth Low Energy (“BLE”) SmartSoles, a footwear system design to simply monitor when the wearer enters or leaves a room or a building and created for people afflicted with Alzheimer’s, dementia or Autism who are prone to wandering. The Company has been in development of this product for over 6 months and plans to commence shipments of its BLE SmartSoles in early Q2 2014.

“GTX has been a pioneer in wearable monitoring technologies for over a decade,” commented Patrick Bertagna, CEO of GTX Corp. “Expanding our product suite to include a low cost, indoor, entry level monitoring solution while leveraging the latest BLE technology in our SmartSole platform positions GTX as a leader in developing solutions for tracking loved ones with cognitive memory disorders. Our BLE SmartSoles were specifically designed based on the needs of and feedback from assisted living facilities and the care giving community in the US and overseas. The BLE SmartSoles provide a simple entry point to our products, and offers an easy upgrade path to our GPS SmartSoles for those chronic wonderers.”

The BLE SmartSoles look and feel like regular insoles and may be placed in most shoes and trimmed for fit. Embedded inside the BLE SmartSoles is a miniaturized Bluetooth low energy chip that reports when a wearer enters or leaves a pre set area such as a room or a building. The technology is customizable for personal home use or commercial assisted living facilities. The caregiver is alerted via email or text when the wearer leaves the area and can download the free Smart Locator mobile app compatible with Android and Apple devices. The BLE SmartSoles will cost under $50 and come with a battery life of over a year, allowing care givers to monitor their loved ones without the need to worry about recharging or replacing batteries.

GTX has always been a strong advocate for solutions that address cognitive memory disorders, including Alzheimer’s, dementia and Autism and understands the importance of keeping a close eye on loved ones who are at risk. The Company has an ongoing roadmap in development for solutions geared towards this growing global audience, estimated to reach over 273 million people worldwide by 2050.

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 an aggressive 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  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.

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GTX Corp to Present at the Connected World Conference

 

 

CEO Patrick Bertagna Panelist for “Wearables from Head to Toe” Segment

Los Angeles, CA –February 7, 2014 – GTX Corp (OTCQB: GTXO) announced today that it’s CEO Patrick Bertagna has been chosen as a panelist at the upcoming Connected World Conference in Chicago for a session on wearable technologies that occurs on Monday, February 10, 2014 at 2:00pm CT. The Connected World Conference is a nine-day event that bills itself as the global expo for connected technologies that are transforming our professional and personal lives. GTX Corp management, including its CEO, will also be available during the day for one-on-one meetings.

Patrick Bertagna, CEO of GTX Corp, commented, “The Connected World Conference provides industry leaders the ability to shape the direction of our connected world through collaboration, ideation and co-development between technology companies and consumer product companies. The conference is one of the most well respected and attended in the industry; and we are pleased to share our perspective on wearable technologies and discuss ideas with the community on how we can together, help keep you connected to who matters most.”

Mr. Bertagna has been selected as one of five panelists for the segment entitled “Wearables From Head-to-Toe”, exploring the implications of and opportunities arising from data collection using wearable technologies. The panel is being moderated by Theresa Gordon of Near Field Connects, and includes executives from technology companies and shoe/apparel companies like adidas.

The Company will also be participating in the Gadget Giveaway introducing its new line of Wearable Smart Tech.

About the Connected World Conference

The Connected World Conference is the window into the emerging technology trends shaping the future of connected devices. The conference is a destination for everyone interested in learning, sharing, and presenting their ideas and visions about the future of our digital lifestyle, connecting to our vehicles, our homes, our energy, our apps, and our health/fitness. This event gives attendees a chance to explore the strategic shifts that new technologies will have now and into the future. For more, visit www.connectedworldmag.com/conference.

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 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 an aggressive 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 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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