Category Archives: Blog

GTX Corp Launches Full Range of Personal Protective Equipment

Addresses Important Safety Requirements During COVID-19 Pandemic LOS ANGELES, CALIFORNIA, May 4, 2020 (GLOBE NEWSWIRE) — GTX Corp (GTXO), a pioneer in the field of health and safety wearable technology and an Industry Wired top company to watch in 2020 today announced that it has greatly expanded its Personal Protective Equipment (PPE) offerings. “As Chair of the Southern California Biomedical Counsel COVID-19 Supplies Taskforce, I have been working very closely with government officials at the local, state and federal levels to make sure we have adequate PPE to address the immediate needs for healthcare and essential workers and first-line responders,” said Patrick Bertagna, CEO of GTX Corp. “The entire GTX Corp team has been supporting these efforts and we are pleased to announce that we are supplying customers ranging from government entities to businesses at all levels as well as individuals and their families, a full line of those PPE products […]

GTX CEO Chairs Southern California COVID-19 Supplies Taskforce and GTX is Recognized as a Top Revolutionary IoT Company by Industry Wired

LOS ANGELES, CALIFORNIA, April 16, 2020 GTX Corp (OTC: GTXO) (GTX), a pioneer in the field of health and safety wearable technology today announced, in an effort to support the community at large from the coronavirus pandemic, that CEO Patrick Bertagna now Chairs the Southern California Biomedical Counsel COVID-19 Supplies Taskforce. In addition GTX was recognized by Wired Magazine as one of the top IoT companies to watch in 2020. As chair of the countermeasure COVID-19 Supplies Taskforce, GTX is actively using its extensive manufacturing experience to source and distribute FDA and CE certified masks across its wide network of channel partners in order to make available products that are in high demand. Under the Company’s Health and Safety umbrella, GTX is actively providing face masks to its existing wellness client base and to a host of entities such as small essential businesses, assisted living facilities, pharmacies and Local, State […]

PBS News Hour- Los Angeles mayor tells 4 million residents to wear masks

Apr 2, 2020 3:29 PM EDT LOS ANGELES — The mayor of Los Angeles urged 4 million residents to wear masks to combat the coronavirus when they walk out in public, even as state health officials shied away from requiring a coverup. Homemade cloth masks, or even a “tucked-in bandanna,” will help reduce the spread of the COVID-19 virus in the nation’s second-largest city and remind people to practice safe social distancing, Mayor Eric Garcetti said Wednesday as he donned a black cloth mask to make his point. “I know this looks surreal,” Garcetti said. “We’re going to have to get used to seeing each other like this … This will be the look.” But he urged people against using medical-grade masks, such as N95 or surgical masks, which are in short supply and needed for health care workers and first responders. Garcetti also said people should only use masks […]

NASDAQ- GTX Joins Coronavirus Countermeasure Taskforce Begins Selling Face Masks

PUBLISHED MAR 26, 2020 8:22AM EDT LOS ANGELES, CALIFORNIA, March 26, 2020 (GLOBE NEWSWIRE) — GTX Corp (OTC: GTXO) (GTX), a pioneer in the field of health and safety wearable technology today announced in an effort to support the community at large from the Covid-19 pandemic it will begin selling coronavirus face masks. Under the Company’s Health and Safety umbrella, GTX has been actively sourcing masks across the globe, reaching out to its wide network of manufacturing partners in order to secure and make available a product that is in extreme high demand right now. “As this unprecedented global threat continues to spread, GTX will play its role in leveraging every resource it has from its technology to channel partners. GTX is pledging to do its part in fighting this pandemic and as a for profit with purpose company, we are committed to staying true to our ethos of providing technologies and solutions that serve the community at […]

INDUSTRY WIRED- GTX Corp: Making End-to-End Connectivity Possible Through Innovative IoT-Powered Enterprise Monitoring System

Published on March 30, 2020 By IndustryWired GTX Corp (GTXO) is a pioneer in Smart, Mobile and Wearable GPS tracking and recovery location-based products, supported through a proprietary IoT enterprise monitoring platform. The company offers a global end-to-end solution of hardware, software and connectivity and develops 2-way GPS tracking technologies, which seamlessly integrate with consumer products, military and enterprise applications. GTX Corp utilizes the latest in miniaturized, low power consumption GPS, Cellular, RF, NFC and BLE technology enabling tracking in real-time of the whereabouts of people or high-value assets. Best known for its award-winning patented GPS SmartSole® - Think Dr. Scholl’s meets LoJack, the world’s first invisible GPS wearable tracking device created for those at risk of wandering due to Alzheimer’s, dementia, autism and traumatic brain injury.  GTX’s journey began 18 years ago when the company pioneered the wearable technology industry, with a simple mission to be able to track and locate people and things they care about […]

GTX Reports 2019 Financial Summary

Revenue increased 118%, IP Licensing increased 1,426%, Subscribers increased 36% LOS ANGELES CALIFORNIA, April 1, 2020  GTX Corp (OTCQB: GTXO) (“the Company”), a pioneer in the field of wearable GPS, people and asset tracking Location-Based Services (LBS) and Real-Time Location Systems (RTLS), today announced a summary for the year ended December 31, 2019. 2019 Financial Highlights: Overall Revenue increased 118% over 2018 comparable period. IP Licensing increased 1,426% over 2018 comparable period. International Subscribers increased 44% over 2018 comparable period. Overall Subscribers increased 36% over 2018 comparable period. Professional Services increased 75% over 2018 comparable period. Gross Margin increased from 69% to 87% from 2018.  Total operating expenses decreased 25% from 2018. Loss from Operations decreased 118% from 2018, turning operations profitable. Net Loss reduced 67% from 2018. Net Cash used in operations decreased 66% from 2018. Management commentary:  Patrick Bertagna, GTX Corp CEO. In these unprecedented times we want […]

New York Post- Experts say face masks can help slow COVID-19, despite previous claims

By Paula Froelich March 28, 2020 | 3:14pm | To mask or not to mask, that is the question. But scientists now think you may want to put a face mask on after all — if you have one. Their advice is laid out in a new report in Science Magazine. People in Asian countries have been wearing masks for months, which the head of the Chinese Center for Disease and Prevention supports. In the US, face masks are in short supply and government officials want the rapidly dwindling supply saved for health care professionals. “This virus is transmitted by droplets and close contact. Droplets play a very important role — you’ve got to wear a mask, because when you speak, there are always droplets coming out of your mouth,” the Chinese Center’s George Gao told the magazine. “Many people have asymptomatic or presymptomatic infections. If they are wearing face masks, it can prevent droplets that carry the […]

GTX Joins Coronavirus Countermeasure Taskforce Begins Selling Face Masks

GTX Joins Coronavirus Countermeasure Taskforce Begins Selling Face Masks LOS ANGELES, CALIFORNIA, March 26, 2020 GTX Corp (OTC: GTXO) (GTX), a pioneer in the field of health and safety wearable technology today announced in an effort to support the community at large from the Covid-19 pandemic it will begin selling coronavirus face masks for virus protection. Under the Company’s Health and Safety umbrella, GTX has been actively sourcing masks across the globe, reaching out to its wide network of manufacturing partners in order to secure and make available a product that is in extreme high demand right now. “As this unprecedented global threat continues to spread, GTX will play its role in leveraging every resource it has from its technology to channel partners. GTX is pledging to do its part in fighting this pandemic and as a for profit with purpose company, we are committed to staying true to our […]