Category Archives: Investor News

GTX CORP WINS BEST U.S. WEARABLE TECHNOLOGY COMPANY AND MOST INNOVATIVE TRACKING & RECOVERY TECHNOLOGY IN THE 2017 TMT AWARDS

LOS ANGELES, CALIFORNIA – July 11, 2017 – GTX Corp (OTCBB: GTXO), an IoT platform in the personal location wearable and wandering assistive technology business, is pleased to announce its recognition as the winner of Technology Media Telcoms (TMT) News Magazine’s “Best Wearable Technology Company – USA” and “Most Innovative Tracking & Recovery Technology” for the Company’s wearable yet invisible, monitoring and wandering recovery GPS SmartSole® as part of the 2017 Telecoms Awards.   With more corporate globalization on the horizon, telecoms are quickly becoming vital to the operation of every business, therefore, the 2017 TMT Awards acknowledge and reward those who have initiated innovation in the IoT industry and support businesses throughout the global landscape.   “We are honored to have received these two awards and believe it truly speaks to our team’s vision, passion and commitment to making the best GPS Tracking solutions, along with the value proposition […]

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GTX Corp Ships First Order of 200 Take-Along 3G GPS Trackers to Our UK Partners

Busy Hump Day at GTX CORP’s Shipping Center in Los Angeles – June 28, 2017 GTX Corp’s Take-Along 3G is a portable GPS, SOS and voice-enabled tracking device, optimized for today’s demanding requirements where location-based safety, security and connectivity are paramount. Two-way Voice Capable for 1 Button S.O.S. Calling (available with +Voice Service Plans) Built in 3-Axis Accelerometer for Motion Sensing Ultra-Low-Power Sleep Mode to Conserve Battery Voltage Monitoring and Low Battery Notifications Waterproof Enclosure Rated IP67 Charging Cradle for Simple Recharging Fore complete information on the Take-Along Tracker and to order yours today, Click Here.   About GTX Corp GTX Corp (GTXO) is a pioneer in Smart, Mobile and Wearable GPS, cellular and BLE tracking and recovery location based services. Through its proprietary enterprise monitoring platform and licensing, subscription recurring revenue business model, GTX Corp offers a complete end-to-end solution of hardware, software and connectivity, backed by an extensive portfolio of […]

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GTX Corp Exhibits GPS SmartSole® and Unveils New BLE SoleGuard™ in the U.K. at the Health + Care Event

LOS ANGELES, CA – June 22, 2017 – GTX Corp (OTCQB: GTXO), an IoT platform and global provider of tracking and monitoring wearable wandering assistive technology, today announced that the Company will be exhibiting its innovative product line including its flagship GPS SmartSole®, Take-Along Tracker 3G and unveiling its new BLE SoleGuard™ at Europe’s largest integrated health and social care event, taking place at the ExCel exhibition center in London on June 28th- 29th. The Health + Care event provides an opportunity for GTX and its U.K. distributor, Possum, to showcase its suite of wearable monitoring devices for seniors to the National Health Service (NHS), local government, care homes and the voluntary sector. More than 10,000 senior health and social care professionals are expected to come together and collaborate around implementing and integrating new technology into the healthcare sector. Possum will have various SmartSole branded banners and promotional materials showcasing […]

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GTX Corp Expands Distribution in Hong Kong and Chile and Files New Patent

LOS ANGELES, CALIFORNIA – June 14, 2017 – GTX Corp (OTCBB: GTXO), an IoT platform in the personal location wearable and wandering assistive technology business, announces expanding distribution into Hong Kong and Chile, as well as the filing of a new patent for its wearable yet invisible, monitoring and wandering recovery GPS SmartSole®. “We are excited to be the first company to launch the GPS SmartSole in Chile and expect that this highly innovative, discrete product will bring relief to the many caregivers across Chile who struggle to look after loved ones afflicted with debilitating diseases such as Alzheimer’s and Dementia,” said Manuel Vargas, one of the founders of Centro de Día Damos Vida. Founded in 2010, Centro de Día Damos Vida is the first adult day care center established in Chile specializing in people living with dementia disorders such as Alzheimer’s, vascular dementia and Lewy body dementia, providing a professional, […]

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GTX Corp Reports First Quarter 2017 Summary Results

LOS ANGELES, CA – May 16, 2017 – 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, 2017. First Quarter Highlights Revenue increased 65% over 2016 comparable period Subscriber revenue increased 162% over 2016 comparable period Net operating losses decreased 3% over comparable period Accounts payable decreased 34% over comparable period   During the quarter ended March 31, 2017 the Company continued exploring sales channel opportunities in Colombia, Japan, Hong Kong, Spain and the Middle East. Also attended numerous trade shows in the U.S. and Europe, introducing its technology, products and solutions to potential new strategic partners, distributors and customers. Domestically the Company added two States in the reimbursement program, attended several industry trade shows and began a Google ad word advertising campaign directed at driving online consumer sales. […]

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GTX Corp Launches New SoleProtector ™ GPS SmartSole® International Distributors participate in rollout

LOS ANGELES, CA – May 1, 2017 – GTX Corp (OTCQB: GTXO), an IoT platform and global provider of tracking and monitoring wearable and wandering assistive technology, today announced the launch of its new SoleProtector accessory for the GPS SmartSole. The SoleProtector is a disposable unique breathable and durable open cell foam structure insole cover. Specifically designed for the GPS SmartSole and made of anti-microbial / anti-fungal material that repels moisture and odor providing an extra layer of hygiene, covertness, protection and comfort.   “Our customers have been asking us to develop this since last year so we are delighted to finally launch these both in the US and across a number of European countries with our partners Possum in the UK, Posifon in Sweden and Safecall in Denmark,” commented Andrew Duncan, GTX Corp director of Business Development.   SoleProtectors provide hygiene making the GPS SmartSole transferable from one person […]

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Patrick Bertagna, CEO of GTX Corp (GTXO) Discusses the Company’s 2016 10K Report

Revenues, cash flow and profitability increased, while operating expenses decreased. Impressive partnerships and distributorships around the world have GTX Corp on the rise and looking forward to a big 2017. Additionally, you may read the Company’s additional comments in the Press Release published April 4, 2017.

GTX Corp Reports 2016 Financial Results and Business Overview

Revenues increased 57%, net profit increased 139%, net losses decreased 28%, operating expenses decreased 11% Los Angeles, Calif. – April 4, 2016– GTX Corp (OTCBB: GTXO), a pioneer and IoT provider of personal location GPS, BLE, cellular and RFID, tracking and monitoring wearable technology and wandering assistive technology, announced today commentary on the Company’s financial results and operational highlights for year-end December 31, 2016. 2016 Highlights: Revenues increased 57% Net Profit increased 139% Operating expenses decreased 11% Net Losses decreased 28% Net Cash used decreased 45% Domestic Subscribers increased 385% International Subscribers increased 138% Cash on hand increased 1,113% Began IP monetization campaign Completed development of next generation SmartSole Signed research collaborative agreement with George Mason University (GMU) Added 3 international distribution partners Added 2 domestic distribution partners Shipped our first military test order Enterprise Magazine named GTX as one of 25 most empowering IoT companies of 2016 Management commentary: […]

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GPS SmartSole at CeBIT 2017

LOS ANGELES, CALIFORNIA –March 15, 2017 – GTX Corp (OTCBB: GTXO), an IoT platform in the personal location wearable and wandering assistive technology business, will be showcasing its flagship GPS SmartSole at CeBIT in Hannover Germany March- 20 – 24 on the Telefónica Deutschland  stand in Hall 12, Stand D49. CeBIT is the largest and most internationally represented computer expo, with over 200,000 participants and is the world’s largest gathering of leading edge technology companies. Held in Hannover, Germany each year on the Hannover fairground, 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. Presenting the latest developments around the theme of […]

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Telefónica Showcasing GPS SmartSole with its IoT solutions at Mobile World Congress 2017

LOS ANGELES, CALIFORNIA –February 21, 2017 – GTX Corp (OTCBB: GTXO), an IoT platform in the personal location wearable and wandering assistive technology business, will be showcasing its flagship GPS SmartSole at Mobile World Congress (MWC) February 27 – March 2 2017, in the Telefónica (NYSE: TEF) stand number 3K21 located in Hall 3. MWC is the world’s largest gathering for the mobile industry, organised by the GSMA and held in the Mobile World Capital Barcelona, Spain. MWC is a combination of the world’s largest exhibition for the mobile industry and a conference featuring prominent executives representing mobile operators, device manufacturers, technology providers, vendors and content owners from across the world with over 40 Keynote speakers including the CEO of Telefónica, NEC, Huawei, Nokia, Orange, Softbank and many more. Telefónica will showcase some of their IoT solutions leveraging LPWA and LTE-M connectivity where the GPS SmartSoles will be included in […]

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