Category Archives: Press Releases (GTXO)

GTX Corp to Collaborate with TulsaLabs to Develop Blockchain Authentication and Security for its NFC Supply Chain Tracking Solutions

LOS ANGELES, CALIFORNIA, May 05, 2021 (GLOBE NEWSWIRE) — GTX Corp (OTC: GTXO) (“GTX” or the “Company”), a pioneer in the field of wearable GPS human and asset tracking systems and a supplier of Health and Safety medical supplies and devices, announces collaboration with TulsaLabs, a division of AppSwarm, Corp. (OTC: SWRM), to develop blockchain solutions around GTX Corp’s Near Field Communication (NFC) technology and GPS human and asset tracking platform. GTX Corp previously utilized a third-party blockchain provider, which unfortunately is no longer in business, so will now begin working with TulsaLabs to develop and vertically integrate blockchain technology into its track and trace solutions which will become more robust while increasing transparency, security, compliance, provenance, and automated administrative operations using smart contracts. “Where supply chain management has become hyper important in our post pandemic recovery, making sure perishable foods, beverages and pharmaceuticals such as vaccines which require, authentication, […]

Read More

GTX Corp Begins Exporting Hearing Related Products and Rapid Antigen and Antibody Test Kits to the UK

LOS ANGELES, CALIFORNIA – March 25, 2021 – GTX Corp (OTC: GTXO) (“GTX” or the “Company”), a pioneer in the field of wearable GPS human and asset tracking systems and a supplier of Health and Safety personal protective medical equipment “PPE”, announced today it will start exporting its Rapid Diagnostic Test-Kits for Antigens and Antibodies, along with hearing related products to distributors in the United Kingdom. GTX has built a network of partners that have been distributing many of its products through B2B Healthcare and Telehealth providers across Europe which supply, install and support Electronic Assistive Technology products and systems to the National Health Services and enabled care and support markets.  Phil Iles, Possum Sales Manager for UK & EIRE, stated “Since we originally launched the GPS SmartSoles and GPS Take-Along Tracker in the UK, we have been keen to explore other health & safety products from GTX. Possum only […]

Read More

People with Dementia are Twice as Likely to get COVID-19

A new study, led by researchers at Case Western Reserve University, found dementia increases the risk and severity of COVID-19, using information from the electronic health records of about 61.9 million U.S. adults from all 50 states to explore the link between dementia and COVID-19. The data was collected as part of the IBM Watson Health database. In this dataset, more than 1 million patients had dementia, 15,770 had COVID-19, and 810 had both. The study found that people with dementia were twice as likely to get COVID-19 compared with people without dementia, even after adjusting for age, sex, living in a nursing home, and having similar preexisting conditions. The researchers suggest that the memory problems associated with dementia might make it difficult for patients to stick to safety measures such as wearing masks, washing hands frequently, and social distancing. GTX Corp has been at the forefront of providing the senior community […]

Read More

GTX Corp Adds Rapid Diagnostic Test Kits for the SARS-COV-2 (COVID-19) Antigen

LOS ANGELES, CALIFORNIA – February 18, 2021 – GTX Corp (OTC: GTXO) (“GTX” or the “Company”), a pioneer in the field of wearable GPS human and asset tracking systems and a supplier of Health and Safety personal protective medical equipment “PPE”, announced today it has begun the distribution of a Rapid Diagnostic Test-Kits for Antigens. The highly accurate, 10-minute results COVID-19 Antigen test is approved under the Emergency Use Authorization (“EAU”) and tests for the detection of Antigens specific to SARS-CoV-2. The COVID-19 Antigen test (www.gtxmask.com) is a lateral flow immunochromatographic assay for the detection of extracted nucleocapsid protein antigens specific to SARS-CoV-2 in nasopharyngeal swab specimens collected from individuals who are suspected of COVID-19 by their healthcare provider within the first five days of symptom onset. Key Attributes of the Rapid Test Kit: Approved under the EAU act. Made in the U.S.A.  Test results within 10 minutes. No Lab […]

Read More

GTX Addresses Product Demand Increase Regarding New Administration Policy Changes and Mandates

LOS ANGELES, CALIFORNIA – January 28, 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 equipment (“PPE”), announced a significant increase in demand since the start of the year for many of its health & safety products including its COVID-19 IgG/IgM Antibody Rapid Test Kits, KN95 masks, Made in U.S.A. printed masks and other “PPE” products.  Since its launch in December that coincided with the vaccine rollout, the Company has seen over a 100% year to date increase in demand for its COVID-19 IgG/IgM Antibody Rapid Test Kits and has also seen a significant increase in government contracts for masks. The rapid test kit detects antibodies to SARS-CoV-2 with 97% accuracy in less than 15 minutes and provides an affordable and convenient testing solution that does not require […]

Read More

GTX Corp Signs Collaboration Agreement with Pawtocol

LOS ANGELES, CALIFORNIA – January 21, 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 equipment (“PPE”), announced today it has signed a collaboration agreement with Pawtocol, a Miami based global online community for the pet industry. Under the agreement GTX will explore integrating IoT sensors and embedded tech to collect and share pet data, leveraging Pawtocol’s blockchain technology. GTX’s Rover Tracker, which is a GPS and NFC IoT device designed for the rapid recovery and profile identification of pets, will be the first device tested on the platform.  Pawtocol’s blockchain technology provides users privacy and security features, including complete control of their data and the ability to get paid for securely selling it to data buyers. With the help of AI, the platform will offer pet […]

Read More

GTX Corp in Partnership with KGH Receives Multiple Government Agency Orders for PPE

LOS ANGELES, CALIFORNIA – January 11, 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 equipment (PPE), announced today that it has fulfilled multiple orders for PPE from government agencies including the United States Marine Corps, the U.S. Navy, the U.S. Department of Agriculture, and the U.S. Department of Veterans Affairs. These orders were quickly processed and shipped in coordination with our strategic partner, Kiernan Group Holdings (KGH), a risk management firm headquartered in Alexandria, VA. GTX and KGH partnered in 2018 to bring GTX’s flagship wearable tech solution, the patented GPS SmartSoles, to communities requiring an added layer of oversight protection for vulnerable seniors. The partnership has since expanded to include sensor-based technology and PPE health & safety products to the law enforcement, homeland security and defense […]

Read More

GTX Corp Launches COVID-19 IgG/IgM Antibody Rapid Test Kit Expanding its Line of Medical Products and Supplies

LOS ANGELES, CALIFORNIA – December 17, 2020 – 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 the sales and distribution across the U.S. of COVID-19 IgG/IgM Antibody Rapid Test Kits. The Rapid Test Kit detects antibodies to SARS-CoV-2 with 97% accuracy in less than 15 minutes, and provides an affordable and convenient testing solution. Key Attributes of the Rapid Test Kit: Approved under the Food and Drug Administration (FDA) Emergency Use Authorization (EUA) act. Quick, easy, and simultaneous detection of the two major antibodies for coronavirus. Non-invasive; simple pin prick blood test. Test takes 1 minute with results in 15 minutes on the spot, no need to send to a lab. Low cost –retails for around $17.50 / wholesale around $10.00. […]

Read More

GTX Corp Reports Third Quarter 2020 Financial Results and Corporate Summary Update

GTX reports a profitable Third Quarter LOS ANGELES CALIFORNIA, November 17, 2020 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, 2020 and provided the following corporate summary: Third Quarter Financial Highlights Showed Net Profit. Overall Revenue increased 7% over 2019 comparable period.  Product Sales increased 54% over 2019 comparable period. Cash on Hand increased 198% over 2019 comparable period. ·       Net Loss decreased 101% from 2019 comparable period. ·       Current Debt & Liabilities reduced by $595K over 2019 comparable period. ·       Did not take on any new debt. Nine Month Financial Highlights  ·      GTX showed a net profit for Q1, Q2 and Q3 of 2020. ·      Product Sales increased 151% over 2019 comparable period. ·      Total Operating Expenses decreased 24% from 2019: –       Wages & Benefits decreased 7% over 2019 comparable period. […]

Read More

GTX Corp Expands its Line of Medical Products and Supplies and Launches “Made in America” 3-PLY Fashion Colors and Custom Branded Masks

LOS ANGELES, CALIFORNIA – October 21, 2020 – 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 personal protective medical equipment and supplies, announced today that it has signed a distribution agreement with Firstguard, a Los Angeles-based apparel factory to begin selling and distributing, high-quality, “Made in America,” 3-ply masks available in fashion colors and which can be custom branded. “We are thrilled to be working with the GTX Team. They continue to service the market with a broad range of products through innovation and awareness of their client’s protective equipment needs,” said Ray Lee, President of Firstguard, commenting on the relationship with GTX Corp. “As health officials keep reminding us of the 3 W’s to reduce the risks of COVID (‘Wear a mask, Wash your hands and Watch your distance’), and as businesses […]

Read More