SecuritySolutionsWatch.com: Thank you for joining us today, Patrick. Before discussing GTX Smart Wearable Technology in greater detail, please tell us about your background.
Patrick Bertagna: I have spent the past 35 plus years building consumer product and technology companies and GTX is the perfect mix of both, being it’s a “wearable tech” company. We were certainly one of the pioneers in the wearable tech industry and my back ground of design, manufacturing and sales of consumer products combined with my tech and intellectual property background, having founded 2 software companies, enabled me to bring those skill sets together under one roof at GTX. Prior to GTX I had founded 6 other companies.
SecuritySolutionsWatch.com: One will read on GTXcorp.com that, 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 GPS, cellular, BLE 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. Please give us an overview of the SmartSole and your other GPS solutions.
Patrick Bertagna: The SmartSole is our flagship product, think Dr. Scholl’s meets LoJack. We make a miniaturized GPS and Cellular module and imbed it inside an orthotic insole. The application is for people who have a memory disorder and have a tendency to wander, anyone with Alzheimer’s, dementia, autism, traumatic brain injury, etc. Currently there are over 100 million people worldwide who are afflicted with one of these debilitating aliments. Being that our module is small and robust we also imbed it inside other form factors and we are starting to look at OEM deals. And then we have our tracking App, which basically turns a smartphone into a tracking device, the application there is for mobile work force, sales people, delivery people, service business like electricians and plumbers, police officers, just about anyone that works in the field and benefits their superiors to know where they are at any time at the touch of a button.
SecuritySolutionsWatch.com: Patrick, I think is fair to say that every one of us knows of a situation in our own families where someone, young or old, or with a certain illness, is at a higher risk for potentially wandering off. The GTX solutions are indeed compelling in providing oversight, protection, security and peace of mind. Are there any particular heart-warming success stories you can share with us?
Patrick Bertagna: We have many stories, from mothers finding their autistic child to a wife who sleeps better at night knowing if her husband wanders she’ll receive a text message right away.It’s really incredible how manypeople tell us how we have changed their lives or the lives of their loved one. We have wonderful heart felt stories and some on video:
https://www.youtube.com/watch?v=FDRcL3xuYv/ https://www.youtube.com/watch?v=GXZlZx3Uotk
SecuritySolutionsWatch.com: What is your perspective Patrick regarding the size of this market?
Patrick Bertagna: The wandering recovery market is very big- 100 million people today and expected to grow to 277 million by 2015. So even 1% or 2% of that market is an absolute big win for us. And then some of the other market segments are very large as well, it is estimated there are close to 30 million small and medium businesses (SMB’s) in the U.S. and perhaps close to 200 million worldwide, which makes for a very sizeable market.
SecuritySolutionsWatch.com: It’s clear why several healthcare groups have joined GTX in strategic cooperation. Care to tell us about these strategic relationships.
Patrick Bertagna: Our alliances are certainly growing but already only after 1 year from launching our SmartSoles we have vendor numbers or reimbursement codes in 5 states, we have recently begun working with the Department of Health and Human Services, have done pilots with The Health Ministry in the UK and Canada, 
we are in conversation with several large insurance providers. We also work closely with non-profits like the Alzheimer’s association and some autistic foundations and the list is growing. Please see some of our reviews here.
SecuritySolutionsWatch.com: We read with great interest regarding recent patent protection for GTX. Care to elaborate?
Patrick Bertagna: That’s the crown jewel of the Company. We have an extensive IP portfolio with over 80 patents. It is becoming more apparent that these patents are very significant and valuable, especially with a priority filing dates going back to 2002 when many of the location based technologies had not yet been fully developed, and certainly not with the functionality pertinent to wearable technology today.
SecuritySolutionsWatch.com : Congratulations of therecent launch in Latin America. Please tell us more about your distribution channels and what might be on the horizon?
Patrick Bertagna: Distribution is very important to us and we are extremely focused on building those channels. We currently have over a dozen distributors across the globe and in conversation on any given day with another dozen. Latin America is our next big push, we have pilots testing in about 4 countries in LATAM and expect to announce some new partners in the coming months. Europe is also very strong for us and we have most of North Western Europe covered and we are now starting conversations with Southern countries like Spain and Greece. We are also in conversations and testing in the Middle East, India, and a few countries in Asia. Our goal is to have distribution in over 20 countries and sell in over 40 counties by the end of the year.
SecuritySolutionsWatch.com: Kudos, also, on the being a winner in the 2015 New Product & Technology Awards. This is indeed, quite impressive. Any other acknowledgements you’d like to mention?
Patrick Bertagna: Yes besides the 2015 New Product and Technology award, we also came in second place at the CTIA Wearables, Health and Fitness awards, with Microsoft in first and Samsung in third, so not a bad place to be in-between those two tech giants. We were also listed in AARP top 10 New Technology, we were a finalist in the Connect World awards, and recently featured in Entrepreneur.com . Overall we have been greatly honored by our peers in the industry and we are truly humbled and appreciative.
SecuritySolutionsWatch.com: What resources are available for the GTX community on your site? Where can you place an order?
Patrick Bertagna: either at www.gpssmartsole.com or https://gtxcorp.com///products/
SecuritySolutionsWatch.com: As a relatively small publicly-held company today, albeit with a huge market opportunity and growth potential, what would you like the investment community to know about the stock (OTC GTXO) ?
Patrick Bertagna: We don’t just make tech gizmos, we sell solutions that have purpose and we are creating value by building a Brand, keeping it Relevant and protecting it with Intellectual Property. GTX is a great Main Street story- our solutions change and save lives, that’s pretty compelling. And on the Wall Street side, we are one of the few pure plays in the wearable technology space – with potential exponential growth. We have one of the best solutions in the market, protected with a lot of IP and best of all our business model is a recurring, high margin subscription model. And management believes that the Company is currently undervalued.
SecuritySolutionsWatch.com: Thanks again Patrick for joining us today…are there any other subjects you would like to discuss?
Patrick Bertagna: I am truly pleased to share with everyone, that SmartSoles has just been featured on the Galileo show on Pro Sieben Sat 1, a prominent well respected show in Germany on cable TV Channel. Here is the link: https://www.youtube.com/watch?v=qGrCUWyL8Fc. We could probably talk for another hour with all the different opportunities we have in front of us right now, but in the interest of time, I’d like to finish up by saying we are very excited about some of the initiatives we are working on – with police departments across the country, to adding to our list of vendor numbers for reimbursement codes and our latest patent grants in the “286” family. Thank you, this was fun and I look forward to the next interview.
