Category Archives: Press Releases

GTX Reports 2021 Financial Summary

April 15, 2022 15:40 ET | Source: GTX Corp LOS ANGELES CALIFORNIA, April 15, 2022 (GLOBE NEWSWIRE) — GTX Corp (OTC: GTXO) (“GTX” or the “Company”), a pioneer in the field of location based wearable GPS human and asset tracking systems and a supplier of Health and Safety personal protective medical equipment, today announced a summary for the year ended December 31, 2021. 2021 Financial Highlights: Cash on hand increased 44% over 2020 comparable period. Revenue decreased 44% over 2020 comparable period. Accounts Payable decreased 16% over 2020 comparable period. Inventory decreased 16% over 2020 comparable period. Customer base increased 53% over 2020 comparable period. Operating expenses increased 7% over 2020 comparable period. Debt decreased by 22% from previous 2020 comparable period. Management commentary: Patrick Bertagna, GTX Corp CEO. 2021 brought us Covid related opportunities and setbacks. Early in the year, we stated we could not accurately predict how long the Personal Protection Equipment (“PPE”) business […]

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GTX Issued Two Patents from USPTO 

LOS ANGELES, CALIFORNIA – March 23, 2021 – GTX Corp (OTC: GTXO) (“the Company”), a pioneer in the field of health & safety wearable GPS human and asset tracking systems and personal protective medical equipment, announced today it has been issued two new patents by the United States Patent and Trademark Office (USPTO).  U.S. patent number 11,272,761 is now the 4th patent to be issued in the GPS SmartSole family and U.S. patent 11,272,313 is now the 6th patent to be issued in the Comm Protocol family. The SmartSole patent 761 covers proprietary ways to protect and manufacture a GPS electronic module, including the inductive charging unit inside an orthotic insole. The patent has 20 claims, 2 of which are independent and an open continuation for further expansion, which has already been submitted to the USPTO. “This 4th SmartSole patent not only strengthens our competitive barriers to entry, as we […]

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GTX Corp CEO joins ‘New to The Street TV’ Anchor, Jane King, for an interview.

Patrick Bertagna gives a brief overview of the Company’s mission that focuses on health and safety products. Through three very distinct business divisions – tracking and monitoring solutions, distributing / manufacturing medical supplies, and intellectual property licensing, GTX Corp sells goods and services in over 35 countries.

GTX Corp becomes Authorized Sales Partner of Opu Labs and begins Selling Early Screening COVID Test

LOS ANGELES, CALIFORNIA – December 29, 2021 – GTX Corp (OTC: GTXO) (“GTX” or the “Company”), a pioneer in the field of health and safety wearable GPS human and asset tracking systems and a supplier of personal protective medical equipment, announced today that it has begun sales and distribution of asymptomatic COVID screening tests.  This simple, noninvasive screening test provides results immediately with 96.8% accuracy, there is no need to go to a lab or wait hours or days for your results. This is an affordable and convenient home, office, or school early prescreening solution for anyone who wants or needs to know if they may have been infected with the virus even before showing any symptoms.  Key Attributes of the Test: Asymptomatic screening at PCR levels. 96.8% Accurate. Non-invasive – safer and much less painful than standard nasal swab. Easy self-administered through a simple smell test and app, no […]

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GTX Corp Reports Third Quarter 2021 Financial Results and Corporate Summary Update

LOS ANGELES CALIFORNIA, November 19, 2021 GTX Corp (OTC: GTXO) (“the Company”), a pioneer in the fields; of health & safety, wearable GPS human and asset tracking systems and personal protective medical equipment and supplies, today announced financial results for the Third Quarter ended September 30, 2021 and provided the following corporate summary: Nine Month Financial Highlights Overall Revenue decreased 42% over 2020 comparable period.  Gross Margin increased 2% over 2020 comparable period. Wages and benefits decreased 19% or $92k over 2020 comparable period. R&D reduced by 89% as we shift to full production of 4G SmartSoles. Total Current Liabilities reduced 5% or $162k from 2020 comparable. Total debt, excluding PPP loans, reduced 11% or $198k over 2020 comparable period. Cash on hand increased 29% or $66K over 2020 comparable period. Stockholder’s deficit decreased 20% or $477k over 2020 comparable period. Did not take on any new debt. Management commentary […]

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GTX Corp Begins Selling Vita-Shield-Max Immune Support Nutraceutical

LOS ANGELES CALIFORNIA, November 2, 2021GTX Corp (OTC: GTXO) (“the Company”), a pioneer in the fields of: health & safety wearable GPS human and asset tracking systems and personal protective medical equipment and supplies, today announced it has begun selling Halberd Corporation (OTC-PINK: HALB) Vita-Shield-MaxTM all in one immune support nutraceutical which helps maximize one’s natural immunity defenses. In addition to selling this propriety blend of natural immunity booster as part of GTX’s longevity revolution initiative, GTX and Halberd are also planning to work together on products for various neurodegenerative diseases such as Alzheimer’s and Traumatic Brain Injury, among others. Many of these diseases are prevalent among seniors, active duty and veteran soldiers, participants in contact sports, and millions of people in the general population. Halberd and GTX intend to work together to utilize their combined technologies and years of experience in the field to develop superior diagnostics/treatments for these […]

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GTX Corp Signs Development Collaboration and Reseller Agreement with LifeConnect

LOS ANGELES, CALIFORNIA – October 13, 2021 – GTX Corp (OTC: GTXO) (“GTX” or the “Company”), a pioneer in the field of: health & safety GPS wearable technology and provider of personal protective medical equipment and supplies, today announced it has signed a development collaboration and reseller agreement with LifeConnect, a division of Life365, an Arizona based supplier of health monitoring solutions for Remote Patient Monitoring (RPM) and Intelligent Digital Therapeutics (iDTx) designed for health care providers, employers, senior homes and other health and wellness related organizations. Under the agreement, GTX and LifeConnect will explore integrating IoT wearable sensors into the GPS SmartSole platform which will be used as the communications gateway sending vital biometric data along with GPS coordinates to the cloud, leveraging the LifeConnect and Life365 Health backend platforms and GTX’s GPS and 4G SmartSole platform. LifeConnect and GTX will also work together to explore joint and cooperative […]

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GTX Corp to Present at LD Micro Main Event (XIV)

Presentation on Tuesday, October 12, 2021, at 4:00 PM PST LOS ANGELES, CALIFORNIA October 7, 2021, GTX Corp (OTC: GTXO), a pioneer in the fields of health & safety wearable GPS human and asset tracking systems and personal protective medical equipment and supplies, announced today that it will be presenting at the upcoming LD Micro event on Tuesday October12, 2021 at 4:00 PM EST. Patrick Bertagna, CEO of GTX Corp will be giving the presentation. GTX Corp is a leading innovator in wearable GPS and asset tracking solutions and through recent advances in technology, patents, and proprietary developments, GTX is well positioned to penetrate certain vertical market sectors such as (elderly care, remote patient monitoring (RPM) logistics, and high value asset management) of the sizable and growing Wearable Tech, and Track & Trace markets.  Best known for its award-winning patented GPS SmartSole® – Think Dr. Scholl’s meets LoJack, the world’s […]

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GTX Signs Distribution Agreement for New Pathogen Control Technology

LOS ANGELES CALIFORNIA, September 15, 2021 GTX Corp (OTC: GTXO) (“the Company”), a pioneer in the fields of: health & safety wearable GPS human and asset tracking systems and personal protective medical equipment and supplies, today announced it has signed a distribution agreement with Synergistic Sanitizing Solutions for the UV Clean Air automated continuous UV-C air treatment system.  This revolutionary simple, seamless, and effective air purification technology uses patented UV-C light air purification technology to reduce levels of virus, bacteria, and fungi by automatically and continuously treating the air to create healthier environments. The air purification system uses years of research and development in ultraviolet light and IoT enabled technologies to create a truly effective and modern air treatment system with laboratory results showing elimination rates up to 99.9%. “With virus and pathogen awareness on high alert due to the Delta variant and inevitable new variants in the future, we […]

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The Longevity Revolution

Wearables + A.I. = Longer Life TulsaLabs to Develop Personalized Health Analytics Utilizing Artificial Intelligence AppSwarm Inc. Press release content from NewMediaWire. The AP news staff was not involved in its creation. READ FULL ARTICLE HERE:https://apnews.com/press-release/newmediawire/technology-health-media-software-artificial-intelligence-d27948aee2e430fe2ff1be50460e5f3d Tulsa, OK – ( NewMediaWire ) – September 09, 2021 – AppSwarm, Corp. (OTC:  SWRM ), a software development company and aggregator of […]

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