Revenues, cash flow and profitability increased, while operating expenses decreased. Impressive partnerships and distributorships around the world have GTX Corp on the rise and looking forward to a big 2017. Additionally, you may read the Company’s additional comments in the Press Release published April 4, 2017.
Revenues increased 57%, net profit increased 139%, net losses decreased 28%, operating expenses decreased 11% Los Angeles, Calif. – April 4, 2016– GTX Corp (OTCBB: GTXO), a pioneer and IoT provider of personal location GPS, BLE, cellular and RFID, tracking and monitoring wearable technology and wandering assistive technology, announced today commentary on the Company’s financial results and operational highlights for year-end December 31, 2016. 2016 Highlights: Revenues increased 57% Net Profit increased 139% Operating expenses decreased 11% Net Losses decreased 28% Net Cash used decreased 45% Domestic Subscribers increased 385% International Subscribers increased 138% Cash on hand increased 1,113% Began IP monetization campaign Completed development of next generation SmartSole Signed research collaborative agreement with George Mason University (GMU) Added 3 international distribution partners Added 2 domestic distribution partners Shipped our first military test order Enterprise Magazine named GTX as one of 25 most empowering IoT companies of 2016 Management commentary: […]
LOS ANGELES, CA – March 22, 2017 – GTX Corp (OTCQB: GTXO), an IoT platform and global provider of personal location GPS, BLE, cellular and RFID, tracking and monitoring wearable and wandering assistive technology and Energy Harvesters LLC, a Boston-based socially responsible company committed to delivering on demand power to charge wearable electronics by harnessing energy though human motion, announced today signing a Memorandum of Understanding to explore incorporating Energy Harvesters’ patented Walking Charger™ with the GPS SmartSole® and other wearable tech and IoT products within the GTX family of wearable footwear technology. The Walking Charger™ is a patented power generating device that is integrated within footwear products, giving consumers, commercial, and military users the ability to charge their mobile devices and other electronic devices and sensors, as they walk. When using the Walking Charger™ wearers become their own personal power source, opening up many opportunities for embedding electronics inside […]
LOS ANGELES, CALIFORNIA –March 15, 2017 – GTX Corp (OTCBB: GTXO), an IoT platform in the personal location wearable and wandering assistive technology business, will be showcasing its flagship GPS SmartSole at CeBIT in Hannover Germany March- 20 – 24 on the Telefónica Deutschland stand in Hall 12, Stand D49. CeBIT is the largest and most internationally represented computer expo, with over 200,000 participants and is the world’s largest gathering of leading edge technology companies. Held in Hannover, Germany each year on the Hannover fairground, 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. Presenting the latest developments around the theme of […]
The GPS SmartSoles generated quite a buzz and good amount of interest At Mobile World Congress (MWC) in Spain this Year. Here are a couple of shots inside the Telefónica booth. GTX Corp (OTCBB: GTXO), an IoT platform in the personal location wearable and wandering assistive technology business, showcased its flagship GPS SmartSole at Mobile World Congress (MWC) February 27 – March 2 2017, in the Telefónica (NYSE: TEF) stand number 3K21 located in Hall 3. MWC is the world’s largest gathering for the mobile industry, organised by the GSMA and held in the Mobile World Capital Barcelona, Spain. Read more… For more information on the GTX Corp family of products and services visit https://gtxcorp.com// www.gpssmartsole.com www.trackmyworkforce.net www.codeamberalertag.com www.locimobile.com
LOS ANGELES, CA – March 8, 2017 – GTX Corp (OTCQB: GTXO), an IoT platform and global provider of personal location GPS, BLE, cellular and RFID, tracking and monitoring wearable and wandering assistive technology, today announced UK distributor Possum Ltd, a B2B Healthcare and Telehealth provider conducting business across the UK and Ireland, will begin selling the GTX Take–Along Tracker to both consumers and business channel partners. After several weeks of testing, Possum has placed its initial commercial order of Take-Along Trackers which are scheduled for shipping this month. The GTX Corp Take–Along Tracker is a miniaturized, water and dirt resistant wearable GPS tracking device, robust and strong enough to handle the outdoors, but at just 3 inches long, small and light enough to fit easily in a pocket or bag, and even comes with a lanyard for wearable convenience. Additional features include: 3-D accelerometer for motion sensing which promotes ultra-low-power battery […]
LOS ANGELES, CALIFORNIA –February 21, 2017 – GTX Corp (OTCBB: GTXO), an IoT platform in the personal location wearable and wandering assistive technology business, will be showcasing its flagship GPS SmartSole at Mobile World Congress (MWC) February 27 – March 2 2017, in the Telefónica (NYSE: TEF) stand number 3K21 located in Hall 3. MWC is the world’s largest gathering for the mobile industry, organised by the GSMA and held in the Mobile World Capital Barcelona, Spain. MWC is a combination of the world’s largest exhibition for the mobile industry and a conference featuring prominent executives representing mobile operators, device manufacturers, technology providers, vendors and content owners from across the world with over 40 Keynote speakers including the CEO of Telefónica, NEC, Huawei, Nokia, Orange, Softbank and many more. Telefónica will showcase some of their IoT solutions leveraging LPWA and LTE-M connectivity where the GPS SmartSoles will be included in […]
LOS ANGELES, CALIFORNIA –February 9, 2017 – GTX Corp (OTCBB: GTXO), an IoT platform in the personal location GPS wearable and wandering assistive technology business, announced their award winning patented GPS SmartSoles with wander guard technology have been featured at several prominent events. Over the past few months the SmartSoles were on the Google Bus, at several Verizon conferences, see more here and here, at the Consumer Electronics Show (CES) and in comprehensive AARP article discussing the major concerns for families with loved ones suffering from diseases like Alzheimer’s, autism spectrum disorder, and/or dementia, specifically the problem of wandering. While smartphones could theoretically solve this problem, most elderly folks or children with autism either don’t have, or forget to carry a smartphone. And yet there is still considerable stigma attached to anti-wandering jewelry and accessories, not the least of which is often from patients themselves, despite how vitally important such […]
LOS ANGELES, CA – January 27, 2017 – GTX Corp (OTCQB: GTXO), an IoT platform and leading provider of personal location GPS, BLE, cellular and RFID, tracking and monitoring wearable technology and wandering assistive technology, today announced the official release of its new GPS and voice tracking device, the Take–Along Tracker 3G (TA3G) including the launch of its coinciding brand-new website and online store. The GTX Corp Take–Along Tracker 3G is the latest and greatest in 3G miniaturized wearable GPS tracking technology. Waterproof and dirt resistant, this robust device is strong enough to handle the outdoors, but at just 3 inches long, small and light enough to fit easily in a pocket or bag, and even comes with a lanyard for wearable convenience. For a limited time, GTX Corp is offering customers $20 off their purchase by using promo code: TA3G Take-Along Tracker 3G also offers the security of S.O.S. voice […]
2017 is off to a busy, productive start for GTX Corp! Our executive team started the New Year off moving and shaking on the business development front at the Consumer Electronics Show (CES) in Las Vegas with nearly 150,000 thought leaders.