Category Archives: Press Releases (GTXO)

Telefónica Showcasing GPS SmartSole and BioStride at CEBIT 2018

    LOS ANGELES, CALIFORNIA –June 13, 2018 – GTX Corp (OTCBB: GTXO), an IoT platform in the GPS wearable and wandering assistive technology business, will be showcasing its flagship GPS SmartSole, now available in kids sizes and the BioStride gait and fall predication solution at CeBIT, in Hannover Germany June 11-15, 2018 on the Telefónica Deutschland stand in Hall 13, Stand 64. CeBIT is the largest and most internationally represented expo, with over 200,000 participants and is the world’s largest gathering of leading edge technology companies. Held in Hannover, Germany each year, 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. […]

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GTX Corp Announces New GPS Take-Along World Tracker for $89.00

Los Angeles, CA June 5, 2018 – GTX Corp (OTCBB: GTXO), an IoT platform and global provider of GPS tracking and monitoring wearable and wandering assistive technology, announced today the launch of its new GPS Take-Along Tracker WORLD, which can operate in virtually in every country, expect for Japan and Korea, at an incredible introductory price of $89.00 and a Monitoring Service Plan as low as $16.31 per month. “We are happy to provide what we feel is the best value GPS tracking device on the market,” stated Meghan Ravada, GTX Corp Community Relations Coordinator. “Perfect for families that travel, the tiny Take-Along WORLD is as convenient as it is affordable.” Less than 3 inches, Take-Along WORLD hides easily in a pocket, purse, hip pack or backpack. And in case of an emergency comes with an S.O.S. button set up to send a text containing time and location. Enjoy the security […]

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GTX Corp on Capitol Hill advocating for Kevin and Avonte’s Law and seeking new UN Market Opportunities

Los Angeles, CA May 31, 2018 – GTX Corp (OTCBB: GTXO), an IoT platform and global provider of GPS tracking and monitoring wearable and wandering assistive technology, went to Capitol Hill to meet with congress to discuss Kevin and Avonte’s law. GTX Corp CEO Patrick Bertagna along with Jack Brewer National Spokesperson for NPAL ( National Police Athletic League) Sean Jackson Senior advisor for Government Affairs and Ron Allen VP of NPAL were on Capitol Hill meeting with Rep. Mike Doyle(D-PA), Rep. Chris Smith (R-NJ), Rep. Maxine Waters (D-CA), Sen. Klobuchar (D-MN), Sen. Grassley (R-IA) and Sen. Chuck Schumer (D-NY) to discuss the recently passed Law – S. 2070 which will authorize the appropriation of $2 million annually over the 2018–2022 period for DOJ to make grants to state and local governments and nonprofit organizations for programs to locate missing persons with dementia or developmental disabilities. The grants will facilitate training and emergency […]

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GTX Corp First Quarter 2018 Summary

Revenues increased 76%, Subscribers increased 79%, G&A decreased 17% LOS ANGELES, CA – May 16, 2018 – GTX Corp. (OTCQB: GTXO), an IoT platform and leading provider of personal location GPS wearable technology and wandering assistive technology, announced financial summary for the first quarter ended March 31, 2018. First Quarter Financial Highlights Overall revenue increase 76% over 2017 comparable period. Product revenue increase 181% over 2017 comparable period. Deferred revenue increase 130% over 2017comparable period Total Subscribers increase 79% over 2017 comparable period. Domestic Subscribers increase 41% over 2017comparable period Net Profit increase 143% over 2017 comparable period. Gross margins increase 30% over 2017 comparable period. Net loss decrease 44% over 2017 comparable period Loss from Operations decrease 46% over 2017 comparable period Professional services decrease 27% G&A decrease 17% Total operating expenses decrease 7% First Quarter Highlights Completed shipment to Edwards Air Force Base Expanded collaboration agreement with Veristride […]

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GTX CORP JOINS FORCES WITH NATIONAL POLICE ATHLETICS LEAGUE TO LAUNCH NEW CHILDREN SIZE SMARTSOLES

Los Angeles, CA May 10, 2018 – GTX Corp (OTCBB: GTXO), an Internet of Things (IoT) solutions provider in the personal location, wearable and wandering assistive technology business, is proud to announce the formation and launch of a new partnership with the National Police Athletics League (NPAL). This partnership is fostered with the intent to assist NPAL in saving the lives of young boys and girls nationwide who struggle with autism. 1 in 45 children, ages 3 through 17, have been diagnosed with autism spectrum disorder (ASD). With such an epidemic upon us, GTX Corp is committed to joining the fight to help families and SAVE LIVES, with its patented and innovative wearable technology. GTX Corp is launching its new size “Small” GPS SmartSole®, Think Dr. Scholl’s meets LoJack, the world’s first invisible wearable GPS tracking device created for those at risk of wandering due to autism, Alzheimer’s, dementia and […]

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GTX Corp introduces the GPS SmartSoles at the 2018 National Police Athletic League (PAL) Conference.

GTX Corp CEO Patrick Bertagna presenting at the the 74th Annual National PAL Conference in Miami from April 30th through May 4th.

GTX Corp Sponsor & Presenter at the Safe America’s WorldSafe Symposium

Patrick Bertagna GTX Corp CEO nominated to join the Safe America Board  Los Angeles, Calif. – April 25, 2018 GTX Corp (OTCBB: GTXO), an Internet of Things (IoT) solutions provider in the personal location, wearable and wandering assistive technology business, announced they are sponsoring and presenting at Safe America’s WorldSafe Spring Symposium on Thursday and Friday, April 26 and 27, at the Federal Reserve Bank of Atlanta. Themed ‘Spring-into-Action!’ – the 2 Day symposium will focus on 5 key topics that are challenging our nation and the world’s health and safety issues that impact lives. “Our mission is educating people on health and safety issues to save lives,” noted Safe America CEO Len Pagano. “To make sure millions of Americans are better prepared to deal with tough issues like disasters, active shooters, the opioid crisis, distracted drivers and human trafficking – that’s our key task.” PROGRAM PARTICIPANTS The Governor and […]

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GTX Corp SmartSoles Showcased at the Innovation & Style 2018 Fair in Munich

Los Angeles, Calif. – April 17, 2018 GTX Corp (OTCBB: GTXO), an Internet of Things (IoT) solutions provider in the personal location, wearable and wandering assistive technology business, announced that their flagship GPS SmartSoles will be showcased and on exhibit, April 20th and 21st, in the Telefónica booth at the 2018 Innovation & Style Fair in Munich, Germany. “By participating in the 2018 Innovation & Style, we want to give visitors an idea of how important it is, especially for companies, to exploit the opportunities of digital transformation and implement them innovatively. With Telefónica Germany, companies have a strong and experienced partner at their side,” said Alexander Rupprecht, Director of B2B Business Brand at Telefónica Germany. Telefónica will present to both End-Consumers as well as B2B Customers, showcasing the GPS SmartSoles and other innovative IoT/m2m products. Telefónica Deutschland is part of Telefónica SA group (NYSE: TEF) a Spanish multinational broadband […]

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GTX Corp Finishes Delivery of Initial Military Order and Comments on 2017 Financial Results

Los Angeles, Calif. – April 10, 2018 GTX Corp (OTCBB: GTXO), an Internet of Things (IoT) solutions provider in the personal location, wearable and wandering assistive technology business, announced today the completion of its initial military order and commentary on the Company’s 2017 summary highlights for year-end December 31, 2017. Management commentary: 2017 was a successful year in terms of achievements and positioning for 2018, but not in terms of numbers, there were no significant increases or decreases compared to the previous year in any of the major matrix numbers – revenues, expenses, losses or profit margins. There were three dominant factors that contributed to our results, first being our IP monetization campaign is taking much more time and resources than we had expected. Licensing revenues are typically high margin so this had a direct affected both our top and bottom line, however we have taken several steps to remedy […]

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GTX Corp Issued New Patent and GPS SmartSoles Win Second Place in Tomorrow’s Care 2018 Awards

LOS ANGELES, CALIFORNIA – March 22, 2018 – GTX Corp (OTC: GTXO), an IoT platform and global provider of personal location GPS and BLE tracking and monitoring wearable technology    announced today the issuance of U.S. patent 9,910,862 making this a significant addition to its existing IP portfolio strongly enhancing its position in a rapidly growing multi-billion dollar market. Additionally the Company’s flagship wander assisted patented GPS SmartSole won second place in Tomorrow’s Care 2018 awards. Larry E. Henneman, Jr., GTX Corp’s patent counsel commented, “This patent complements GTX’s three-pronged approach to protecting their business and products.  Now, in addition to their shoe/insole form factor and their innovative communication methods, GTX has patent protection for their server-side platform, which is independent of the specific design of any particular tracking device.  The patented platform expands GTX Corp’s business opportunities by enabling GTX to host multiple, different tracking-based businesses on a single platform. […]

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