Category Archives: Press Releases

GTX Corp Launches ‘Work Safe’ PPE Bundles for the Workplace

“WORK SAFE PPE BUNDLES” which are pre-packed assortments of Personal Protective Equipment (“PPE”) curated to meet the needs of small and medium size businesses that are bringing their employees back to work. The bundles consist of masks, sanitizers, infrared thermometers, face shields, Ti22 Liquid Titanium Shield, UV boxes and coming soon, UV wands,

GTX Corp Launches Liquid Titanium Shield

Ti22 Liquid Titanium Shield’ (Ti22), which provides screen protection to all glass surfaces of items such as mobile phones, tablets, eyeglasses, goggles, and face shields. The Ti22 available for $14.99, works by application of a proprietary nanotechnology-based liquid that binds with the molecular glass structure of the screen surface.

GTX Corp Reports First Quarter 2020 Financial Results

Company completes profitable first quarter in spite of global pandemic LOS ANGELES, CALIFORNIA, May 20, 2020GTX Corp (GTXO), a pioneer in the field of health and safety wearable technology and an Industry Wired top company to watch in 2020 today summarized its financial results for the First Quarter ended March 31, 2020. First Quarter Financial Highlights: Product sales increased 63% over 2019 comparable period. Service income increased 31% over 2019 comparable period. Total operating expenses decreased 41% from 2019. Loss from Operations decreased 47% from 2019. Revenues decreased by 6% over 2019 comparable period, however, Company achieved profitability. Management commentary: Patrick Bertagna, GTX Corp, CEO. Like most companies the novel coronavirus disease of 2019 (“COVID-19”) had an impact on our first quarter of 2020. Our supply chains were disrupted and many of the companies we work with, including suppliers, as well as our customers experienced a slowdown in productivity. However, […]

GTX Corp Launches Made in U.S.A. Smart Wearables to its Line of Personal Protective Equipment

GTX Corp Launches Made in U.S.A. Smart Wearables to its Line of Personal Protective Equipment Addresses Important Requirements for Safely Reopening American Businesses LOS ANGELES, CALIFORNIA, May 13, 2020 (GLOBE NEWSWIRE) — GTX Corp (GTXO), a pioneer in the field of health and safety wearable technology and an Industry Wired top company to watch in 2020 today announced the addition of two new products expanding its Personal Protective Equipment (PPE) offerings. The first product is a Smart Face Shield equipped with an NFC sensor, which can monitor how often the shield is worn, by whom, when it was last cleaned, and a whole host of vital safety related information. The Smart Face Shield is manufactured in Northern California and can be branded with a company’s logo and can be shipped within days from receipt of order. GTX is utilizing its NFC middleware platform for data storage, and enterprise customers will have […]

GTX Corp Launches Full Range of Personal Protective Equipment

Addresses Important Safety Requirements During COVID-19 Pandemic LOS ANGELES, CALIFORNIA, May 4, 2020 (GLOBE NEWSWIRE) — GTX Corp (GTXO), a pioneer in the field of health and safety wearable technology and an Industry Wired top company to watch in 2020 today announced that it has greatly expanded its Personal Protective Equipment (PPE) offerings. “As Chair of the Southern California Biomedical Counsel COVID-19 Supplies Taskforce, I have been working very closely with government officials at the local, state and federal levels to make sure we have adequate PPE to address the immediate needs for healthcare and essential workers and first-line responders,” said Patrick Bertagna, CEO of GTX Corp. “The entire GTX Corp team has been supporting these efforts and we are pleased to announce that we are supplying customers ranging from government entities to businesses at all levels as well as individuals and their families, a full line of those PPE products […]

GTX Reports 2019 Financial Summary

Revenue increased 118%, IP Licensing increased 1,426%, Subscribers increased 36% LOS ANGELES CALIFORNIA, April 1, 2020  GTX Corp (OTCQB: GTXO) (“the Company”), a pioneer in the field of wearable GPS, people and asset tracking Location-Based Services (LBS) and Real-Time Location Systems (RTLS), today announced a summary for the year ended December 31, 2019. 2019 Financial Highlights: Overall Revenue increased 118% over 2018 comparable period. IP Licensing increased 1,426% over 2018 comparable period. International Subscribers increased 44% over 2018 comparable period. Overall Subscribers increased 36% over 2018 comparable period. Professional Services increased 75% over 2018 comparable period. Gross Margin increased from 69% to 87% from 2018.  Total operating expenses decreased 25% from 2018. Loss from Operations decreased 118% from 2018, turning operations profitable. Net Loss reduced 67% from 2018. Net Cash used in operations decreased 66% from 2018. Management commentary:  Patrick Bertagna, GTX Corp CEO. In these unprecedented times we want […]

GTX Expands Testing of New Hearing Protection Solution to Sri Lanka, Peru and Las Vegas

LOS ANGELES, CALIFORNIA, March 9, 2020GTX Corp (OTC: GTXO) (GTX), a pioneer in the field of GPS wearable technology people & asset tracking, today announced receiving test orders for their recently launched noise reduction system NRBz, from the Sri Lanka Ministry of Defense and from a distributor in Peru which specializes in solutions for the health, mining and transportation industry. NRBz are patented noise reduction ear buds designed to reduce loud background noise by up to 40 dB’s without attenuating low direct noise such as someone speaking to you. Ideal for military, law enforcement, first responders, hunters, recreational firearms users, mining, oil, utility and gas workers, race car drivers, motorcycle riders and people with autism or hyper-sensitivity to loud noises but still need to clearly communicate with other people around them. In fact this past weekend several of the 550 race teams from over thirty different states and seventeen different […]