Category Archives: Blog

GTX Corp and Veristride Presenting Biometric Insoles at CES 2018

Also previewing new children’s GPS SmartSole® and Armatrak Rifle Tracker   LOS ANGELES, CALIFORNIA – January 4, 2018 – 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 will be presenting its new Biometric Insoles and previewing some of its other new products scheduled for launch in 2018, including the children’s GPS SmartSole®, GPS InvisaBelt designed for toddlers and the Armatrak GPS Rifle Tracker, at the annual Consumer Electronics Show (CES) in Las Vegas January 9-12. Executives from GTX and the Company’s strategic partner, Veristride, will be scheduling one-on-one appointments throughout the week. For those interested in learning more about this ground breaking and cost savings technology can stop by Thursday, January 11 from 2:00 to 5:00 PM PST in hospitality suite 310 at the Las Vegas Westgate Tower. To schedule a meeting please […]

GTX Corp Third Quarter 2017 Summary Results

LOS ANGELES, CA – November 20, 2017 – GTX Corp. (OTCQB: GTXO), an IoT platform and provider of personal location GPS wearable technology and wandering assistive technology, announces financial summary for the third quarter ended September 30, 2017. Third Quarter Highlights: Product revenues increased by 7% over 2016 comparable period Service revenues increased by 8% over 2016 comparable period COGS decreased 20% from 2016 comparable period Product & Service Gross Margins increased from 41% to 56% over 2016 comparable period Professional fees decreased 40% from 2016 comparable period G&A decreased 18% from 2016 comparable period Total operating expenses decreased 6% from 2016 comparable period Nine Month Highlights:   Product revenues increased by 17% over 2016 comparable period Service revenues increased by 12% over 2016 comparable period COGS decreased 11% for 2016 Gross margins increased from 30% to 46% over 2016 comparable 9 month period During the period ending September 30, 2017, the Company […]

Equities.com- ​GTX (GTXO) Creates GPS Toy Line as Stealth Child Monitoring Solution

Friday, 17 November 2017 15:31 (EST) Just in time for the upcoming holiday season, GTX Corp. (GTXO) has released the innovative Take-Along Friends toy line, which are five 8-inch plush dolls embedded with the company’s award-winning GPS tracking technology. This momentous launch signals GTX’s much-anticipated entry into the children’s products market. The plush toy industry alone was a $1.08 billion dollar industry in the United States last year, and during the holidays the huggable toys are a reliable staple for busy holiday shoppers. But, beyond just the holidays, any parent can tell you that a furry friend is an everyday carry item for most babies and toddlers, which makes this new innovative product from GTX such a life-saver for parents. According to the National Center for Missing and Exploited Children, an estimated 800,000 children are reported missing each year in the United States – equating to roughly 2,000 per day. These facts demonstrate the peace of […]

GTX Corp Launches GPS Tracking Solutions for Young Children

Suitable for all ages, the innovative Take-Along Friends come in five adorable, kid friendly toy options to choose from.  LOS ANGELES, CALIFORNIA – November 15, 2017 – GTX Corp (OTCBB: GTXO), an Internet of Things (IoT) solutions provider in the personal location, wearable and wandering assistive technology business, is pleased to announce the launch of the Take-Along Friends product line – a brand-new, safe and discreet GPS tracking device for children and suitable for all ages. Available now and just in time for the holidays, the Take-Along Friend is a miniature GPS tracker hidden and safely secured inside a plush toy, providing parents and family members love and protection for their little ones wherever they go. Children will enjoy Take-Along Friends’ charm as much as adults enjoy the peace of mind of knowing at all times where their kids are at the touch of a button. Offered in five different adorable, 8” plush […]

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 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 […]

GTX Corp Partners with Garrison Defense to Provide Real Time GPS Weapons Tracking and Asset Accountability

LOS ANGELES, CALIFORNIA – October 25, 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 partnered with Garrison Defense LLC (Bozeman, MT), an industry leader of intelligent ready-to-deploy weapon security systems, to incorporate GTX’s GPS tracking technology into Garrison’s new ArmaTrak™️ solution – an intelligent firearm tagging and tracking system that will provide law enforcement and military personnel with real-time weapons accountability through the Garrison central monitoring portal and app. The Garrison Defense ArmaTrak™️ system allows law enforcement and military personnel to innocuously equip a firearm with GTX Corp’s proprietary field-tested miniaturized GPS tracking technology in a way that seamlessly integrates with the weapon and is unrecognizable to the untrained eye. The device contains a GPS module connected through a cellular network that transmits movement and location based information which can be remotely monitored. When […]

GTX Corp Upgrades E-commerce Platform and Launches New Online Store

  Renovation of the Company’s web properties includes lowered pricing options and an enhanced store LOS ANGELES, CALIFORNIA – October 12, 2017 – GTX Corp (OTCBB: GTXO), an Internet of Things (IoT) solutions provider in the personal location, wearable and wandering assistive GPS technology business, is proud to announce that it has upgraded its web properties and ecommerce platform including the unveiling of a more feature-rich online store – serving as a one stop shop for GTX’s full suite of innovative wearable tech products, personal location services and accessories. The renovation includes enhanced capabilities, additional user-friendly features and lower prices as well as new websites for its Take-Along Tracker 3G and Track My Workforce products.   In an effort to simply the process for GTX’s diverse customer base and online community to shop with more ease, the Company has been working diligently to streamline consumers’ overall online experience by enabling […]

Please Support JBF Hurricane Clean Water Relief Effort

Please Join us in supporting the JBF Hurricane Clean Water Relief Effort to help bring urgently needed resources and relief to our fellow citizens displaced from the recent catastrophic storms. GTX Corp is a proud supporter of The Jack Brewer Foundation where CEO Patrick Bertagna actively serves on the JBF Executive Board. #hurricanerelief #empowerfromwithin #withyou 

GTX Corp Partners with HeartMath, Inc. to Provide Caregiving Community with Additional Resources

Drawing on HeartMath’s research-based personal stress relief technologies, GTX is adding HeartMath’s wellness products and services to provide and empower people, caregivers and organizations to greatly reduce stress associated with caregiving LOS ANGELES, CALIFORNIA – August 23, 2017 – GTX Corp (OTCBB: GTXO), an IoT platform in the personal location wearable and wandering assistive technology business, today announced it has formed a strategic alliance with HeartMath®, Inc., an acknowledged world leader in stress and resilience technologies that train users to release and reset their response to stress in real-time, and achieve a state of inner balance and optimal functioning. Founded by Doc Childre in 1991, HeartMath is focused on developing and delivering research-based, practical, and reliable tools and technologies that enable people to align and connect their heart, mind and emotions to produce transformative outcomes—with more flow and less stress. As the nation’s leading research and training organization in stress reduction and performance enhancement with […]

The cost of healthcare for seniors with dementia $184,500 greater than for someone without dementia!

As the trend to use technological innovations to help seniors live longer and more fulfilling lives continues to grow around the world (generally referred to as the Aging 2.0 movement), the focus at GTX Corp is to develop innovative, cost friendly, wearable technology, such as the patented GPS SmartSoles, that can keep help lower healthcare costs while keeping people connected and protected for about a dollar a day.  #connectedandprotected A comprehensive study was recently published in the Journal of the American Geriatrics Society, on the cost of caring for seniors with dementia. They created a mathematical model—utilizing Federal Medicare records to simulate disease progression for newly diagnosed individuals with dementia. The  model estimates health care costs, including the value of informal care, for a person with dementia over a lifetime to be $184,500 greater than for someone without dementia, with 86 percent of costs incurred by family members. Basically the cost to care for […]