Category Archives: Press Releases

GTX Corp Finishes Delivery of Initial Military Order and Comments on 2017 Financial Results

Los Angeles, Calif. – April 10, 2018 GTX Corp (OTCBB: GTXO), an Internet of Things (IoT) solutions provider in the personal location, wearable and wandering assistive technology business, announced today the completion of its initial military order and commentary on the Company’s 2017 summary highlights for year-end December 31, 2017. Management commentary: 2017 was a successful year in terms of achievements and positioning for 2018, but not in terms of numbers, there were no significant increases or decreases compared to the previous year in any of the major matrix numbers – revenues, expenses, losses or profit margins. There were three dominant factors that contributed to our results, first being our IP monetization campaign is taking much more time and resources than we had expected. Licensing revenues are typically high margin so this had a direct affected both our top and bottom line, however we have taken several steps to remedy […]

GTX Corp Issued New Patent and GPS SmartSoles Win Second Place in Tomorrow’s Care 2018 Awards

LOS ANGELES, CALIFORNIA – March 22, 2018 – GTX Corp (OTC: GTXO), an IoT platform and global provider of personal location GPS and BLE tracking and monitoring wearable technology    announced today the issuance of U.S. patent 9,910,862 making this a significant addition to its existing IP portfolio strongly enhancing its position in a rapidly growing multi-billion dollar market. Additionally the Company’s flagship wander assisted patented GPS SmartSole won second place in Tomorrow’s Care 2018 awards. Larry E. Henneman, Jr., GTX Corp’s patent counsel commented, “This patent complements GTX’s three-pronged approach to protecting their business and products.  Now, in addition to their shoe/insole form factor and their innovative communication methods, GTX has patent protection for their server-side platform, which is independent of the specific design of any particular tracking device.  The patented platform expands GTX Corp’s business opportunities by enabling GTX to host multiple, different tracking-based businesses on a single platform. […]

GTX Corp Prepares to Launch New Suite of GPS Tracking Solutions Expanding Beyond the Alzheimer’s Market

Currently testing new 3G platforms in the U.S. and Europe to embed electronics in several different form factors suitable for all ages, from young children to adults to mobile assets. LOS ANGELES, CALIFORNIA – March 14, 2018 –GTX Corp (OTC: GTXO), an IoT platform and global provider of personal location GPS, BLE, cellular and RFID, tracking and monitoring wearable and wandering assistive technology announced today that it is finalizing testing and preparing to launch a new suite of devices and form factors in order to expand market reach. Over the next few months GTX Corp will be launching GPS SmartSole® for pre-teens, the Invisabelt for young children, an OEM version ready to be embedded in customized form factors designed for mobile asset tracking, a weapons tracking device and Smart Step™ insoles designed to monitor activity, mobility and balance. Patrick Bertagna, GTX Corp CEO, commented, “We have been evaluating different market […]

GTX Corp Launches $99.00 Easy Start Plan for GPS SmartSole® and Economy Service Plan as low as $14.95

3 new pricing models for GPS SmartSole® and Smart Locator Monitoring Service LOS ANGELES, CALIFORNIA – March 1, 2018 – GTX Corp (OTCBB: GTXO), an Internet of Things (IoT) solutions provider in the personal location, wearable and wandering assistive GPS technology business, is launching several new pricing plans for its flagship GPS SmartSole® available on its online store – serving as a one stop shop for GTX’s full suite of innovative wearable tech products, monitoring services and accessories.   In an effort to make it easier and more affordable for consumers to purchase the GPS SmartSole® online, beginning today, GTX Corp will be offering purchase options starting at $99.00 and service plans options as low as $14.95. The Premium Package will include $5.00 shipping and free activation. The new pricing broadens the shopping capabilities for both direct consumers, caregivers and small businesses that want lower upfront costs, additional service plan […]

GTX Corp and partner Brewer Media share in SB52 Event Triumph

GTX Corp and Veristride Executives host product innovation booth at the gifting suite for the SB52 Big Game Experience event.   Using our new biometric gait technology we conducted over 20 Walking Tests with many of the professional athletes and celebrities attending the gifting suite. Example of Jack’s Walking Report: Jack Brewer of Brewer Media Interviewed GTX Corp CEO Patrick Bertagna for local TV program. Mayor Frey Gives Kevin Hart and Jack Brewer the Keys to the City of Minneapolis to Cap Off Super Bowl Weekend February 4th, 2018 will forever be known as Jack Brewer and Kevin Hart Day  Full Article on PR Newswire: https://www.prnewswire.com/news-releases/kevin-hart-and-jack-brewer-receive-keys-to-the-city-of-minneapolis-to-cap-off-super-bowl-weekend-300593728.html    Congratulations to long time friend, advisor and ambassador, Jack Brewer!

GTX Corp Comments on CES 2018, Super Bowl LII and the GPS SmartSoles on the Kardashian’s

LOS ANGELES, CALIFORNIA – January 17, 2018 – GTX Corp (OTCBB: GTXO), an Internet of Things (IoT) solutions provider in the personal location, wearable and wandering assistive technology business, comments on CES 2018 and announces today that it will be presenting several of its new products at Super Bowl. CES 2018 was filled with different areas of Internet of Medical Things (IoMT) technology that is striving to increase the health, wellness, safety, and overall lifestyle for the “Baby Boomer.” Crunch Network Predicated: Consumer brands will shift focus to the boomer generation. Boomers will find part-time jobs with a purpose. Healthcare will transition from the hospital to the home This is good news for GTX Corp, as tens of millions of Baby Boomers (people born between the 1950s and mid-1960s) are beginning to hit their elderly years, providing an increased demand for technologies and overall health and wellness solutions. GTX has […]

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 Supports National Family Caregivers Month

November is National Family Caregivers Month, with this year’s theme, “Caregiving Around the Clock”, holding special significance to those caring for someone with Alzheimer’s or related dementia. The stress of caregiving for persons with dementia has been shown to impact a person’s immune system for up to three years after their caregiving ends, increasing their chances of developing a chronic illness themselves. Among the largest causes of stress for these caregivers is fear of the person they care for wandering and becoming lost, with 60% of those afflicted becoming lost at least once, and 70% of those becoming lost 3 or more times during the progression of the disease.  There are currently more than 5 million Americans living with Alzheimer’s, projected to more than triple, to more than 16 million, by 2050. GTX Corp is committed to supporting caregivers, of those both living at home and in senior housing communities, by providing “peace of mind” […]