Category Archives: Investor News

GPS SmartSoles Available for Sale on Amazon

LOS ANGELES, CALIFORNIA – January 23, 2018 – GTX Corp (OTCBB: GTXO), an Internet of Things (IoT) solutions provider in the personal location, wearable and wandering assistive technology business, announced today that it will be making it even easier for consumers to purchase their line of GPS tracking solutions, by offering them on Amazon.com The Company is best known for their GPS Smartsole® product, which is a GPS tracker embedded in an insole, think Dr. Scholl’s meets Lojack. As Bloomberg previously reported, over 45 million Americans will be caring for 117 million seniors by 2020, and even major players like retail giant Best Buy (BBY) are making significant investments to sell products and services that enable adults to remotely monitor their aging parents. This is exactly the type of wearable IoMT technology that GTX Corp specializes in. Furthermore, the Bloomberg report estimates that remote monitoring for senior care alone represents […]

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PR Newswire- Developments in the Internet of Things Market

FinancialBuzz.com News Commentary NEW YORK, January 10, 2018 /PRNewswire/ — According to a report published by Marketsandmarkets, the Internet of Things (IoT) market size is expected to grow from USD 170.57 billion in 2017 to USD 561.04 billion by 2022, at a compound annual growth rate of 26.9 percent. The report indicates that the increasing adoption of cloud platforms and the developments of advanced data analytics are some of the main factors that drive the internet of things market. North America is expected to dominate the market during the forecast period as the North American companies invest heavily in R&D. GTX Corp. (OTC: GTXO), Intermap Technologies Corporation (OTC: ITMSF), Gopher Protocol Inc. (OTC: GOPH), Ability, Inc. (NASDAQ: ABIL), Inpixon (NASDAQ: INPX) The report also point out that service will be the fastest growing segment in the market during the forecast period, “the integration of new services and solutions into the company’s contemporary functioning system or the infrastructure necessitates the […]

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​Equities.com- Why CES 2018 Could Be a Major Coming Out Party for GTX Corp and Its Expanded IoT Offerings

With the largest tech conference set to kick off this week, the 2018 Consumer Electronics Show (CES) promises to once again highlight all the best new products and innovations set to hit the market this year. Among the most watched trends will be the latest applications in the Internet of Things (IoT) technology, health-tracking wearables and artificial intelligence. For GTX Corp (GTXO), the event serves as a perfect launching pad for the company’s 2018 rollout of its leading IoT and GPS-based wearable tracking products and services. Riding high on the significant momentum it established in 2017, GTX is as primed as ever for a breakthrough year. At CES, GTX will be presenting its new Biometric Insoles alongside its partner Veristride. The collaboration, which began in August 2017, set out to develop and launch a suite of biometric solutions embedded in insoles with the primary goal of helping senior citizens avoid falling, which is a major […]

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GTX Corp and Veristride Presenting Biometric Insoles at CES 2018

Also previewing new children’s GPS SmartSole® and Armatrak Rifle Tracker   LOS ANGELES, CALIFORNIA – January 4, 2018 – GTX Corp (OTCBB: GTXO), an Internet of Things (IoT) solutions provider in the personal location, wearable and wandering assistive technology business, announced today that it will be presenting its new Biometric Insoles and previewing some of its other new products scheduled for launch in 2018, including the children’s GPS SmartSole®, GPS InvisaBelt designed for toddlers and the Armatrak GPS Rifle Tracker, at the annual Consumer Electronics Show (CES) in Las Vegas January 9-12. Executives from GTX and the Company’s strategic partner, Veristride, will be scheduling one-on-one appointments throughout the week. For those interested in learning more about this ground breaking and cost savings technology can stop by Thursday, January 11 from 2:00 to 5:00 PM PST in hospitality suite 310 at the Las Vegas Westgate Tower. To schedule a meeting please […]

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​Q3 Growth and New Legislation Serve as More Validation for GTX Corp’s Tracking Technology

Wearable IoT technology pioneer GTX Corp. (OTC:GTXO) continues to leverage several major tailwinds to solidify its position as a leader in serving a number of key target markets with its innovative GPS-tracking recovery services. The company achieved several significant milestones over the past quarter, including major partnership and military contract announcements. GTX Corp reported growth in both products and services revenue in its latest financial quarter. Product revenue increased by 7% in the quarter ended Sept. 30, 2017, over the prior year’s quarter, while services revenue rose 8% over the prior year’s quarter. Source: Data from GTX Corp. Form 10-Q for the quarterly period ended September 30, 2017. Chart by Equities.com. Growth in the nine-month period ending Sept. 30, 2017, continued to trend well, with product revenues up 17% and services revenues showing a 12% increase, over the prior year’s period. Source: Data from GTX Corp. Form 10-Q for the quarterly period ended September 30, […]

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GTX Corp Third Quarter 2017 Summary Results

LOS ANGELES, CA – November 20, 2017 – GTX Corp. (OTCQB: GTXO), an IoT platform and provider of personal location GPS wearable technology and wandering assistive technology, announces financial summary for the third quarter ended September 30, 2017. Third Quarter Highlights: Product revenues increased by 7% over 2016 comparable period Service revenues increased by 8% over 2016 comparable period COGS decreased 20% from 2016 comparable period Product & Service Gross Margins increased from 41% to 56% over 2016 comparable period Professional fees decreased 40% from 2016 comparable period G&A decreased 18% from 2016 comparable period Total operating expenses decreased 6% from 2016 comparable period Nine Month Highlights:   Product revenues increased by 17% over 2016 comparable period Service revenues increased by 12% over 2016 comparable period COGS decreased 11% for 2016 Gross margins increased from 30% to 46% over 2016 comparable 9 month period During the period ending September 30, 2017, the Company […]

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Equities.com- ​GTX (GTXO) Creates GPS Toy Line as Stealth Child Monitoring Solution

Friday, 17 November 2017 15:31 (EST) Just in time for the upcoming holiday season, GTX Corp. (GTXO) has released the innovative Take-Along Friends toy line, which are five 8-inch plush dolls embedded with the company’s award-winning GPS tracking technology. This momentous launch signals GTX’s much-anticipated entry into the children’s products market. The plush toy industry alone was a $1.08 billion dollar industry in the United States last year, and during the holidays the huggable toys are a reliable staple for busy holiday shoppers. But, beyond just the holidays, any parent can tell you that a furry friend is an everyday carry item for most babies and toddlers, which makes this new innovative product from GTX such a life-saver for parents. According to the National Center for Missing and Exploited Children, an estimated 800,000 children are reported missing each year in the United States – equating to roughly 2,000 per day. These facts demonstrate the peace of […]

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GTX Corp Launches GPS Tracking Solutions for Young Children

Suitable for all ages, the innovative Take-Along Friends come in five adorable, kid friendly toy options to choose from.  LOS ANGELES, CALIFORNIA – November 15, 2017 – GTX Corp (OTCBB: GTXO), an Internet of Things (IoT) solutions provider in the personal location, wearable and wandering assistive technology business, is pleased to announce the launch of the Take-Along Friends product line – a brand-new, safe and discreet GPS tracking device for children and suitable for all ages. Available now and just in time for the holidays, the Take-Along Friend is a miniature GPS tracker hidden and safely secured inside a plush toy, providing parents and family members love and protection for their little ones wherever they go. Children will enjoy Take-Along Friends’ charm as much as adults enjoy the peace of mind of knowing at all times where their kids are at the touch of a button. Offered in five different adorable, 8” plush […]

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​Equities.com- GTX Corp. Continues to Expand Its IoT Reach in the Military Sector

Spotlight Companies | Monday, 30 October 2017 11:03 (EST) The advent of the Internet of Things (IoT) is vastly changing our capabilities when it comes to safety and security. IoT solutions are already being harnessed by police, military and security forces around the globe as a cost-efficient and intelligent way to protect citizens and property. By harnessing interconnected technologies and incorporating machine learning and advanced monitoring analysis, organizations from various sectors are deploying IoT solutions to regulate circumstances that were once thought beyond control or measure. GTX Corp (GTXO), an innovative IoT technology provider, is one company in the thick of this transformational technological movement. They recently finalized another partnership that stands to significantly benefit law enforcement and the military. The company announced a partnership with Garrison Defense LLC (Bozeman, MT) to incorporate GTX’s GPS tracking technology into Garrison’s new ArmaTrak™ solution, an intelligent firearm tagging and tracking system that will provide law enforcement and military […]

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GTX Corp Partners with Garrison Defense to Provide Real Time GPS Weapons Tracking and Asset Accountability

LOS ANGELES, CALIFORNIA – October 25, 2017 – GTX Corp (OTCBB: GTXO), an Internet of Things (IoT) solutions provider in the personal location, wearable and wandering assistive technology business, announced today that it has partnered with Garrison Defense LLC (Bozeman, MT), an industry leader of intelligent ready-to-deploy weapon security systems, to incorporate GTX’s GPS tracking technology into Garrison’s new ArmaTrak™️ solution – an intelligent firearm tagging and tracking system that will provide law enforcement and military personnel with real-time weapons accountability through the Garrison central monitoring portal and app. The Garrison Defense ArmaTrak™️ system allows law enforcement and military personnel to innocuously equip a firearm with GTX Corp’s proprietary field-tested miniaturized GPS tracking technology in a way that seamlessly integrates with the weapon and is unrecognizable to the untrained eye. The device contains a GPS module connected through a cellular network that transmits movement and location based information which can be remotely monitored. When […]

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