Category Archives: Press Releases

PSYC Donates 3,000 Masks Amidst Covid-19 To Support Local Community

PSYC Donates 3,000 Masks Amidst Covid-19 To Support Local Community SAN DIEGO, June 23, 2020 (GLOBE NEWSWIRE) — Global Trac Solutions, Inc. (OTCPink: PSYC) (“Global” “PSYC” or the “Company”) is pleased to announce that the Company has donated 3,000 disposable masks to three vital organizations within the San Diego community and as part of the Company’s effort to support its community amidst the ongoing COVID-19 pandemic. Two weeks ago, the Company took time to deliver 1,000 one-time use surgical masks to the Alpha Project, Wounded Warrior Support Network, and the San Diego LGBT Center as part of its commitment of supporting local organizations that provide a critical and valuable service to its diverse community members, particularly at a time when many of them are in need of as much support and assistance as possible. “Supporting the community and the organizations that go above and beyond to support and protect those […]

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 […]