Category Archives: Investor News

GTX Corp Invisible GPS SmartSole Wander Guard Technology for Safeguarding Loved Ones Who Wander Featured on AARP, Google, Verizon and CES

LOS ANGELES, CALIFORNIA –February 9, 2017 – GTX Corp (OTCBB: GTXO), an IoT platform in the personal location GPS wearable and wandering assistive technology business, announced their award winning patented GPS SmartSoles with wander guard technology have been featured at several prominent events. Over the past few months the SmartSoles were on the Google Bus, at several Verizon conferences, see more here and here, at the Consumer Electronics Show (CES) and in comprehensive AARP article discussing the major concerns for families with loved ones suffering from diseases like Alzheimer’s, autism spectrum disorder, and/or dementia, specifically the problem of wandering. While smartphones could theoretically solve this problem, most elderly folks or children with autism either don’t have, or forget to carry a smartphone. And yet there is still considerable stigma attached to anti-wandering jewelry and accessories, not the least of which is often from patients themselves, despite how vitally important such […]

Entrepreneur of the Week: Patrick Bertagna, GTX Corp | The Longevity Network

February 16, 2017 | Entrepreneur Spotlight, Caregiver Quality of Life, Health and Safety Awareness GTX Corp — an acronym for Global Trek Xploration — was an early player in the location-tracking wearable tech market. When it was founded in 2002, as the name suggests, GTX was originally focused on outdoor adventurers, but they now operate in a much broader market: anyone looking to keep track of a person or other valuable.  In early 2015, they launched a product specifically aimed at helping caregivers keep track of their loved ones with dementia, Alzeimers or other conditions that cause a person to wander. They now offer a suite of products they describe as an IoT Personal Location Services (PLS) platform. These products use patented tracking methods to provide continuous, real-time location coordinates rendered on a map on a GTX portal. GTX Corp is a holding company that owns and operates two subsidiaries and has been publicly […]

GTX Corp Announces Launch of Take-Along Tracker 3G

LOS ANGELES, CA – January 27, 2017 – GTX Corp (OTCQB: GTXO), an IoT platform and leading provider of personal location GPS, BLE, cellular and RFID, tracking and monitoring wearable technology and wandering assistive technology, today announced the official release of its new GPS and voice tracking device, the Take–Along Tracker 3G (TA3G) including the launch of its coinciding brand-new website and online store. The GTX Corp Take–Along Tracker 3G is the latest and greatest in 3G miniaturized wearable GPS tracking technology. Waterproof and dirt resistant, this robust device is strong enough to handle the outdoors, but at just 3 inches long, small and light enough to fit easily in a pocket or bag, and even comes with a lanyard for wearable convenience.   For a limited time, GTX Corp is offering customers $20 off their purchase by using promo code: TA3G  Take-Along Tracker 3G also offers the security of S.O.S. voice […]

Gtx Corp GPS SmartSoles News January 2017 – Security Stock Watch and Verizon

Security Stock Watch Updates In The Boardroom With… Mr. Patrick Bertagna CEO, Founder, Chairman Mr. Patrick Bertagna CEO, Founder, Chairman GTX Corp The SmartSole is our flagship product, think Dr. Scholl’s meets LoJack. We make a miniaturized GPS and Cellular module and imbed it inside an orthotic insole. The application is for people who have a memory disorder and have a tendency to wander, anyone with Alzheimer’s, dementia, autism, traumatic brain injury, etc. Currently there are over 100 million people worldwide who are afflicted with one of these debilitating aliments. Being that our module is small and robust we also imbed it inside other form factors and we are starting to look at OEM deals. And then we have our tracking App, which basically turns a smartphone into a tracking device, the application there is for mobile work force, sales people, delivery people, service business like electricians and plumbers, police officers, […]

Inventergy Launches Licensing Campaign for Location Based Services Patents

Inventergy Launches Licensing Campaign for Location Based Services Patents CAMPBELL, CA — (Marketwired) – January 04, 2017 — Inventergy Global, Inc. (NASDAQ: INVT)  (the “Company”), an intellectual property licensing and innovation company, today announced that its subsidiary, Inventergy Innovations, LLC (“Inventergy Innovations”) has launched a patent licensing campaign for GTX Corp (OTCBB: GTXO) for its wireless location-based services intellectual property assets based on 2-way GPS tracking. The licensing campaign is a follow-up to the definitive agreement announced in June 2016 in which Inventergy Innovations obtained the exclusive right to license or sell three of GTX’s patents — US 8,154,401, US 8,760,286 and US 9,219,978, commonly referred to as the “Comm. Protocol” family.   The licensing campaign represents the Company’s second monetization program announced by its subsidiary following the proof of concept engagement between Pabellon Power, Inc.  (a company developing magnetic based wireless power and data transfer systems) and a Fortune 100 […]

Ingenu Announces Availability of Los Angeles Machine Network

Los Angeles-based GTX Corp to enable wearable solutions with Ingenu’s RPMA technology SAN DIEGO – November 30, 2016 – Ingenu Inc.™, the company that delivers purpose-built IoT connectivity, today announced availability of its Machine Network™ in the greater Los Angeles metropolitan area. The Internet of Things (IoT) network will serve applications including transportation, manufacturing, logistics, smart city and wearable technologies, providing coverage to the second-largest city in the U.S., reaching more than 2,220 square miles and serving a population of over 13 million people. The availability of the Machine Network in the Los Angeles area is enabling exciting new use cases, such as that of GTX Corp. (GTXO), an IoT platform and provider of personal location and monitoring wearable technology and wandering assistive technology. The company will be integrating Ingenu’sRPMA® (Random Phase Multiple Access) technology into its patented GPS SmartSole® shoe insole tracking solution, to assist in monitoring people with […]

GTX Corp Reports Third Quarter 2016 Financial Results

Increased Revenues, Margins, Subscribers and Distribution Partners LOS ANGELES, CA – November 15, 2016 – GTX Corp. (OTCQB: GTXO), an IoT platform and leading provider of personal location GPS, BLE, cellular and RFID, tracking and monitoring wearable technology and wandering assistive technology, announced financial results for the third quarter ended September 30, 2016. Q3 Highlights * Revenue increased 99% over 2015 comparable period * Subscriber revenue increased 139% over 2015 comparable period * Gross profit margin increased from 24% to 65% over 2015 comparable period * Operating expenses decreased 17% over 2015 comparable period * Net operating losses decreased 34% over 2015 comparable period * Delivered our first military test order * Expanded distribution into Mexico Q3 Initiatives included increasing our customer and subscriber base, formulating our patent monetizing strategy for next year, delivering our new GPS/RF product line, exploring new BLE and RF business opportunities with our channel partners […]

KORE Position Logic Powers GPS SmartSole Solution for Patients and Caregivers

ALPHARETTA, GA. —November 9, 2016—KORE, the people powering IoT innovations and opportunities, today announced that the company will integrate GTX Corp’s (OTCBB: GTXO), GPS SmartSole® into the Position Logic platform. Additionally, Position Logic will be a distributor of GPS SmartSoles in North America. GPS SmartSole combines a miniaturized GPS device and cellular communicator to send coordinates of loved ones suffering from Alzheimer’s, dementia, autism or any other cognitive memory disorder to their caregivers. GPS SmartSoles look and feel like regular insoles, and allow the wearer to be free from the stigma of visible bracelets, pedants and other traditional tracking devices. GPS SmartSole technology is integrated with a mobile app that allows caregivers to track their loved ones in seconds, lessening their worry and anxiety about wandering. Per the agreement, Position Logic customers will now be able to purchase GPS SmartSoles as a hardware on the Postion Logic platform and then […]

Existing GTX Corp Distributor of GPS SmartSoles for Denmark Expands into Norway

LOS ANGELES, CALIFORNIA –October 13, 2016 – GTX Corp (OTCBB: GTXO), an IoT platform in the personal location GPS wearable and wandering assistive technology business, announced existing Denmark distributor Safecall expanded their operations into Norway and signed an exclusive distribution agreement for both countries. Safecall first launched the GPS SmartSoles in Denmark last October. Due to an increase in product demand and the recent Dementia Plan 2020 announcement by the Norwegian government, it has expand distribution into Norway and locked up exclusive rights. Safecall has already placed a blanket order of GPS SmartSoles for the remaining of the year for both Denmark and Norway and will be submitting another order to cover the first half of 2017 by end of next month. Tommy Rasmussen, Director of Safecall Denmark ApS, said, “We are excited to expand upon the growing success we have been experiencing with the GPS SmartSole in Denmark and […]