LOS ANGELES CALIFORNIA, April 27th 2022: GTX Corp (OTC: GTXO) (“the Company”), a pioneer in the field of location based wearable GPS human and asset tracking systems and ProteGear.com, a German IT/GPS tracking specialist company, announced their cooperation to launch the latest generation of the GPS SmartSole product based upon LTE Cat M1 technology.
“We are excited to work with ProteGear, parent company Global SafeTrack Systems GmbH, to bring the latest generation of the GPS SmartSole technology to Germany,” stated Andrew Duncan GTX Director. “As the largest senior health care market in Europe, with a population of close to 84 million, it is very important for us to have a strong presence there.”
The German health system provides universal population coverage either through social health insurance (SHI), which covers almost 90% of the population, or VHI (Voluntary Health Insurance.) Health insurance coverage is mandatory for the entire population. Coverage is virtually universal and less than 1% of the population is not insured.
“We have been looking forward to the launch of the next generation LTE Cat M1 SmartSole for some time. With the high-performance GPS tracking system and longer battery life of up to 5 days, we are excited to offer our customers this product,” stated Markus Schlittenbauer. “We have a lot of pent-up demand for the product from both families acting as caregivers for individuals with Alzheimer’s or Dementia, as well as the senior care organizations and homes.SmartSoles not only help family members feel safer about their loved ones, but also prevent patients from being institutionalized, thus reducing the cost of their care.”
The SmartSole is GTX’s most notable award-winning product which is a seamless GPS-enabled wearable device whose target market is people with cognitive disorders such as Autism, Dementia, Traumatic brain injury and Alzheimer’s. These groups tend to wander and need constant remote patient monitoring (RPM). Although this is a niche segment, these groups together represent approximately 3% of the world’s population, which is around 34 million in the 24 go-to market ready developed countries GTX has identified, and in several of these countries has already begun distribution.
GTX Corp’s patented GPS SmartSoles, are the world’s first wearable yet invisible tracking technology. Placed in the wearer’s shoes they contain a state-of-the-art Nordic GPS module connected through cellular networks that send a GPS location to the GTX central monitoring website and app. The SmartSoles which were initially created as a wander guard solution for those at risk due to Alzheimer’s, dementia, autism, or traumatic brain injury and tend to wander or become lost or disoriented, can also be used by people at risk of kidnapping, such as government employees, journalists and corporate executives. SmartSoles come in 3 trim-to-fit sizes ranging from size 5 to 13, for men, women, and children, are water resistant, include an inductive charging pad, and are proudly manufactured in Rhode Island, U.S.A.
GTX Corp is a For-Profit with Purpose Company which has an extensive patent portfolio, is a proud U.S. military contractor and has multiple wearable tracking products sold through its online store, Amazon and authorized resellers and distributors servicing customers across the globe.
ProteGear.com owned by parent company Global Safe Track Systems GmbH, operating since 2014, specializing in worldwide tracking and emergency communication solutions, both serving GSM/4G and satellite networks. Receiver of numerous awards including the iF Design Awards 2020, redDot Design Award 2020, ISPO Product of the Year award 2020.
ProteGear.com
Tel. +4980363013182
Filzenweg 14
83071 Stephanskichen
Germany
MetAlert (OTC: MLRT) and its subsidiary Level 2 Security occupy a commanding position in the design, development, manufacturing, distribution, sales, and IP licensing of GPS wearable technology, firearm and mobile asset recovery solutions, remote patient monitoring technology, and health data collection. With years of industry expertise and a robust portfolio of patents, MetAlert is the go-to solution provider for government, enterprise and consumers grappling with mobility, cognitive, and spatial awareness challenges, which currently represents approximately 2.9% of the global population. The Company delivers comprehensive turnkey solutions encompassing logistics, hardware, software, and connectivity.
Notable achievements include the groundbreaking GPS SmartSole®, a fusion of Dr. Scholl’s comfort with LoJack’s tracking prowess. It stands as the world’s inaugural invisible wearable tracking device, designed for individuals susceptible to wandering due to Alzheimer’s, dementia, autism, and traumatic brain injury. And MyGunAlert the first patented lockable, motion sensitive, firearm recovery device supported by law enforcement.
MetAlert’s subscription-based model thrives on technology innovation fortified by intellectual property safeguards. The company boasts international distribution channels serving customers across 40 countries, alongside its role as a U.S. Military Government contractor. In addition to public health entities, MetAlert caters to municipalities, emergency and law enforcement agencies, private and public educational institutions, assisted living facilities, NGOs, senior care residences, consumers, and small enterprises. Recognizing its capacity within its distribution center and backend subscription processing also presents an opportunity to provide backend services for other subscription based enterprises.
General information, investor relations, wholesale licensing, consumer purchase:
213.489.3019 | Info@MetAlert.com | IR@MetAlert.com | Contact Us
MetAlert.com | Mygunalert.com | Track My Workforce | GPS SmartSole.com
MetAlert United Kingdom– In the UK, MetAlert operates from its London office.
Please contact: Nelson Skip Riddle | Email: NSRiddle@MetAlert.com | Tel: +44 7785 364100
Level 2 Security (Wholly owned subsidiary) Email: contactus@level2sec.com | www.mygunalert.com | www.ifitmoves.com
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