Category Archives: Investor News

NetworkNewsBreaks – Coverage Initiated for GTX Corp (OTC: GTXO) via NetworkNewsWire

NEW YORK, June 20, 2018 (GLOBE NEWSWIRE) — GTX Corp (OTC:GTXO), a GPS technology-focused holding company and pioneer in tracking and recovery products and solutions, announces it has engaged the corporate communications expertise of NetworkNewsWire(“NNW”). GTX Corp was founded on a “Big Idea” with a simple premise of finding persons or possessions of great importance at the touch of a button. The company’s Internet of Things (“IoT”) Personal Location Services (“PLS”) platform provides a wide range of value-added solutions including smart, wearable GPS technology products, two-way tracking devices and mobile smartphone tracking apps. The company’s patented products and solutions provide real-time, continuous location coordinates that render to a map within its customized portal. Whether it is necessary to locate a loved one who has wandered due to Alzheimer’s or autism, a drone that has flown off course, a child at play, or even a soldier on a military base, GTX Corp delivers valuable solutions that provide safety, security and […]

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GPS SmartSole® Used to Predict Wandering of Individuals with Dementia

George Mason University’s College of Health and Human Services Completes Phase II of Machine Learning Wandering Prediction Research – GPS Tracking for Dementia Patients Los Angeles, Calif. – June 18, 2018– GTX Corp (OTCBB: GTXO), an IoT platform in the personal location wearable and wandering assistive technology business, announced today that George Mason University’s College of Health and Human Services has successfully completed its Phase II machine learning wandering prediction research. The recently published study1 explores the possibility of using machine learning methods applied to data from GPS trackers to create individualized models that describe patterns of movement. These patterns can be used to predict the typical locations of individuals with dementia and to detect movements that do not follow regular patterns and may correspond to wandering. This research has the potential to greatly help families and caregivers quickly detect and stop episodes of wandering before they can result in tragic incidents. As part of a the GTX collaboration agreement with Mason, which began in fall of 2016, the university utilized the patented GPS SmartSole, GTX’s location-based technology and data, in order to […]

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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 to Present at the Equities Spring 2018 Investor Wealth Conference

GTX Corp to Present at the Equities Spring 2018 Investor Wealth Conference Los Angeles, Calif. – April 12, 2018 GTX Corp (OTCBB: GTXO), an Internet of Things (IoT) solutions provider in the personal location, wearable and wandering assistive technology business, announced that it will be presenting on April 18th at the Equities Spring 2018 Investor Wealth Conference, held at the Porsche Experience Center 19800 Main Street, Carson CA., featuring a range of innovative leaders in multiple sectors, including fintech, robotics, med-tech, quantitative funds, real estate and social investing.   GTX Corp a for-profit with purpose company CEO Patrick Bertagna will be discussing the Company’s 2018 initiatives and growth strategy and their innovative new line of track what you love products. The Equities.com premiere Investor Wealth Series, is going to explore several exciting 2018 innovation and investment opportunities. The program features a range of innovative leaders in multiple sectors, including tech, media, resource and social media; […]

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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 CEO Speaks on Level Headed with Jack Brewer

Level Headed – On Location with GTX Corp and Patrick Bertagna Jack Brewer of Brewer Media interviews GTX Corp CEO, Patrick Bertagna as he explains the inspiration, ethos and developments of GTX Corp’s suite of tracking devices. With solutions designed to meaningfully aid caregivers of aging adults and young people with disabilities, GTX Corp aims to make an impact in the lives of families and communities.  

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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Shipment Photos for GTX Corp Military Tracking System

Check out photos from today’s out going shipment of Personnel Equipment Tracking System (P.E.T.S.) units heading off to Edwards Air Force base.