Category Archives: Press Releases

GTX Corp Announces Strategic Plan to Up-List to the OTCQB Venture Exchange

  Los Angeles, Calif. – June 25, 2018– GTX Corp (OTCBB: GTXO) (“the Company”), a pioneer in the field of wearable GPS human and asset tracking systems and wandering assistive technology, announced today it has filed for a reverse split as part of a strategic plan to up-list to the OTCQB Venture Exchange as well as realize a more attractive share price. GTXO is in final preparations to enact a reverse stock split that will bring the Company’s share price above $0.10, making GTXO eligible to up-list from the OTC Pink Marketplace to the OTCQB.   Patrick Bertagna, GTX Corp CEO, commented, “This is a long-term plan the Company’s board and management have been strategically working on over the past several months in order to make the public side of the business more reflective of the positive milestones and forward progress achieved in recent months, along with positioning the Company […]

GPS SmartSole® Used to Predict Wandering of Individuals with Dementia

George Mason University’s College of Health and Human Services Completes Phase II of Machine Learning Wandering Prediction Research – GPS Tracking for Dementia Patients Los Angeles, Calif. – June 18, 2018– GTX Corp (OTCBB: GTXO), an IoT platform in the personal location wearable and wandering assistive technology business, announced today that George Mason University’s College of Health and Human Services has successfully completed its Phase II machine learning wandering prediction research. The recently published study1 explores the possibility of using machine learning methods applied to data from GPS trackers to create individualized models that describe patterns of movement. These patterns can be used to predict the typical locations of individuals with dementia and to detect movements that do not follow regular patterns and may correspond to wandering. This research has the potential to greatly help families and caregivers quickly detect and stop episodes of wandering before they can result in tragic incidents. As part of a the GTX collaboration agreement with Mason, which began in fall of 2016, the university utilized the patented GPS SmartSole, GTX’s location-based technology and data, in order to […]

GTX Corp Advisor Professor Andy Carle Interviewed by AARP About “What’s Next” in Technologies for Seniors

The June issue of AARP Bulletin features a cover story on “What’s Next” in technologies for seniors. They include interviews / opinions from a number of CEO’s, Professors and others field experts, such as Steve Wozniak, Sanjay Gupta, Dr. Oz, Bill De Blasio and GTX Corp’s own Advisor Andy Carle. Andy is a Professor and Director of the Program of Senior Housing Administration at George Mason University and is widely regarded as a renowned thought leader in Senior Care education and technologies.

Telefónica Showcasing GPS SmartSole and BioStride at CEBIT 2018

    LOS ANGELES, CALIFORNIA –June 13, 2018 – GTX Corp (OTCBB: GTXO), an IoT platform in the GPS wearable and wandering assistive technology business, will be showcasing its flagship GPS SmartSole, now available in kids sizes and the BioStride gait and fall predication solution at CeBIT, in Hannover Germany June 11-15, 2018 on the Telefónica Deutschland stand in Hall 13, Stand 64. CeBIT is the largest and most internationally represented expo, with over 200,000 participants and is the world’s largest gathering of leading edge technology companies. Held in Hannover, Germany each year, it is considered a barometer of current trends and a measure of the technology industry. Telefónica Deutschland is part of Telefónica SA group (NYSE: TEF) a Spanish multinational broadband and telecommunications provider with operations in Europe, Asia, North, Central and South America, and is one of the largest telephone operators and mobile network providers in the world. […]

GTX Corp Announces New GPS Take-Along World Tracker for $89.00

Los Angeles, CA June 5, 2018 – GTX Corp (OTCBB: GTXO), an IoT platform and global provider of GPS tracking and monitoring wearable and wandering assistive technology, announced today the launch of its new GPS Take-Along Tracker WORLD, which can operate in virtually in every country, expect for Japan and Korea, at an incredible introductory price of $89.00 and a Monitoring Service Plan as low as $16.31 per month. “We are happy to provide what we feel is the best value GPS tracking device on the market,” stated Meghan Ravada, GTX Corp Community Relations Coordinator. “Perfect for families that travel, the tiny Take-Along WORLD is as convenient as it is affordable.” Less than 3 inches, Take-Along WORLD hides easily in a pocket, purse, hip pack or backpack. And in case of an emergency comes with an S.O.S. button set up to send a text containing time and location. Enjoy the security […]

GTX Corp on Capitol Hill advocating for Kevin and Avonte’s Law and seeking new UN Market Opportunities

Los Angeles, CA May 31, 2018 – GTX Corp (OTCBB: GTXO), an IoT platform and global provider of GPS tracking and monitoring wearable and wandering assistive technology, went to Capitol Hill to meet with congress to discuss Kevin and Avonte’s law. GTX Corp CEO Patrick Bertagna along with Jack Brewer National Spokesperson for NPAL ( National Police Athletic League) Sean Jackson Senior advisor for Government Affairs and Ron Allen VP of NPAL were on Capitol Hill meeting with Rep. Mike Doyle(D-PA), Rep. Chris Smith (R-NJ), Rep. Maxine Waters (D-CA), Sen. Klobuchar (D-MN), Sen. Grassley (R-IA) and Sen. Chuck Schumer (D-NY) to discuss the recently passed Law – S. 2070 which will authorize the appropriation of $2 million annually over the 2018–2022 period for DOJ to make grants to state and local governments and nonprofit organizations for programs to locate missing persons with dementia or developmental disabilities. The grants will facilitate training and emergency […]

GTX Corp First Quarter 2018 Summary

Revenues increased 76%, Subscribers increased 79%, G&A decreased 17% LOS ANGELES, CA – May 16, 2018 – GTX Corp. (OTCQB: GTXO), an IoT platform and leading provider of personal location GPS wearable technology and wandering assistive technology, announced financial summary for the first quarter ended March 31, 2018. First Quarter Financial Highlights Overall revenue increase 76% over 2017 comparable period. Product revenue increase 181% over 2017 comparable period. Deferred revenue increase 130% over 2017comparable period Total Subscribers increase 79% over 2017 comparable period. Domestic Subscribers increase 41% over 2017comparable period Net Profit increase 143% over 2017 comparable period. Gross margins increase 30% over 2017 comparable period. Net loss decrease 44% over 2017 comparable period Loss from Operations decrease 46% over 2017 comparable period Professional services decrease 27% G&A decrease 17% Total operating expenses decrease 7% First Quarter Highlights Completed shipment to Edwards Air Force Base Expanded collaboration agreement with Veristride […]

GTX CORP JOINS FORCES WITH NATIONAL POLICE ATHLETICS LEAGUE TO LAUNCH NEW CHILDREN SIZE SMARTSOLES

Los Angeles, CA May 10, 2018 – GTX Corp (OTCBB: GTXO), an Internet of Things (IoT) solutions provider in the personal location, wearable and wandering assistive technology business, is proud to announce the formation and launch of a new partnership with the National Police Athletics League (NPAL). This partnership is fostered with the intent to assist NPAL in saving the lives of young boys and girls nationwide who struggle with autism. 1 in 45 children, ages 3 through 17, have been diagnosed with autism spectrum disorder (ASD). With such an epidemic upon us, GTX Corp is committed to joining the fight to help families and SAVE LIVES, with its patented and innovative wearable technology. GTX Corp is launching its new size “Small” GPS SmartSole®, Think Dr. Scholl’s meets LoJack, the world’s first invisible wearable GPS tracking device created for those at risk of wandering due to autism, Alzheimer’s, dementia and […]

GTX Corp Sponsor & Presenter at the Safe America’s WorldSafe Symposium

Patrick Bertagna GTX Corp CEO nominated to join the Safe America Board  Los Angeles, Calif. – April 25, 2018 GTX Corp (OTCBB: GTXO), an Internet of Things (IoT) solutions provider in the personal location, wearable and wandering assistive technology business, announced they are sponsoring and presenting at Safe America’s WorldSafe Spring Symposium on Thursday and Friday, April 26 and 27, at the Federal Reserve Bank of Atlanta. Themed ‘Spring-into-Action!’ – the 2 Day symposium will focus on 5 key topics that are challenging our nation and the world’s health and safety issues that impact lives. “Our mission is educating people on health and safety issues to save lives,” noted Safe America CEO Len Pagano. “To make sure millions of Americans are better prepared to deal with tough issues like disasters, active shooters, the opioid crisis, distracted drivers and human trafficking – that’s our key task.” PROGRAM PARTICIPANTS The Governor and […]