Category Archives: Investor News

GTX Corp Strategic Partner Inventergy Announces Value of Patent Portfolio

Today, strategic partner to GTX Corp (OTC:GTXO), Inventergy Global, Inc. (NASDAQ: INVT) announced and discussed the value of the Company’s patent portfolio, part of which includes several of GTX Corp’s patents which were licensed in July 2016 when GTX joined forces with Inventergy Innovations, LLC (“Inventergy”), a subsidiary to Inventergy Global. In a definitive agreement between the companies, Inventergy holds exclusive rights to license or sell three GTX patents – US 8,154,401, US 8,760,286, and US 9,219,978, commonly referred to as the “Comm. Protocol” or “286” Family. Joe Beyers, CEO of Inventergy discusses in the release about the importance of the patent portfolio, “Inventergy has a rich technology patent portfolio consisting of more than 760 worldwide patents acquired from industry leaders including Panasonic (OTC PINK: PCRFY), Nokia (NYSE: NOK) and Huawei (SZSE:002502). The portfolios contain a handpicked set of worldwide assets that are a combination of standards essential patents (SEPs) […]

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CNN Money – U.S. Security Threats & Solutions Discussed on SecuritySolutionsWatch.com

— Cisco, Dell Technologies, ImageWare, NetWatcher, Route1, GTX Dell Technologies (NYSE: DVMT), ImageWare Systems (OTCQB: IWSY); Route1 (TSX VENTURE: ROI), GTX Corp (OTC PINK: GTXO) THANK YOU FOR JOINING US “IN THE BOARDROOM” Marc Blackmer, Product Marketing Manager, Industry Solutions, Security Business Group, Cisco Mr. Ken Mills, Chief Technology Officer Surveillance and Security, Dell Technologies Jim Miller, Chairman and CEO, ImageWare Systems Tony Busseri, Route1, CEO Scott B. Suhy, CEO, NetWatcher And… From The Newsroom… GTX Corp Expands Distribution in Mexico GTX Corp, an IoT platform in the personal location GPS wearable and wandering assistive technology business, announced the commercial launch of the GPS SmartSole with C&R Care Solutions, a privately owned company headquartered in Mexico City which sells and supports GPS-based tracking solutions throughout the country of Mexico. Please join Patrick Bertagna, GTX CEO, Founder, Chairman “In The Boardroom” here or here: http://www.securitysolutionswatch.com/Interviews/in_Boardroom_GTX_Bertanga.html ***** IN THE BOARDROOM WITH… Cisco […]

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GTX Corp Expands Distribution in Mexico

C&R Care Solutions added to the GPS SmartSole Growing list of International Distributors LOS ANGELES, CALIFORNIA –September 14, 2016 – GTX Corp (OTCBB: GTXO), an IoT platform in the personal location GPS wearable and wandering assistive technology business, announced the commercial launch of the GPS SmartSole with C&R Care Solutions a privately owned company headquartered in Mexico City which sells and supports GPS based tracking solutions throughout the country of Mexico. “Mexico is an important, sizable and strategic market for GTX. As a neighboring country with a total population of over 122 million and a growing middle class representing 47% of total households, it not only represents a market size close to 40% of the U.S. but also a strategic entre into Latin America, stated Andrew Duncan director of business development for GTX Corp. We are pleased to add C&R to our growing list of international partners and look forward […]

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GTX Corp Reports Second Quarter 2016 Financial Results

Increased Revenues, Margins, Subscribers, Channel Partners and new IP Revenue Stream LOS ANGELES, CA – August  16, 2016 – GTX Corp. (OTCQB: GTXO), an IoT platform and leading provider of personal location GPS wearable technology and wandering assistive technology, announced financial results for the second quarter ended June 30, 2016. Second Quarter Highlights Revenue increased 36% over 2015 comparable period Subscriber revenue increased 133% over 2015 comparable period Gross profit margin increased from 27% to 45% over 2015 comparable period Operating expenses decreased 17% over 2015 comparable period Net operating losses decreased 34% over 2015 comparable period Active units in the field and subscribers in over 35 countries Vendor number for reimbursement in six states Shipped next version 1.25 GPS SmartSole Began monetizing our Comm Protocol “286” family patents Received our first military test order Signed research collaboration agreement with George Mason University Named 25 most empowering IoT companies in […]

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GTX Corp and RACO Industries Sign Distribution Agreement to Sell SmartSoles

LOS ANGELES, CALIFORNIA –July 13, 2016 – GTX Corp (OTCBB: GTXO),an IoT platform in the personal location GPS wearable and wandering assistive technology business announced the signing of a distribution agreement with , a GPS application solutions integrator headquartered in Cincinnati Ohio. The agreement grants RACO exclusive distribution rights to the Location Based Services industry in the United States for the GPS SmartSoles and other GTX Corp products. In order to maintain exclusivity, RACO is committing to purchasing a minimum of 15,000 units over the next 3 years. Established in 1988, RACO is a privately held company founded by Rob Adams who was also the founder of RacoWireless. “The GPS SmartSole technology is a natural extension of our existing GPStracking business. We are excited to partner with GTX Corp to provide assistance to those who suffer from cognitive disorders,” says Rob Adams, CEO of RACO Industries. “As we continue to […]

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GTX Corp Signs Definitive Patent Agreement with Inventergy and Receives First Payment

Los Angeles, Calif. – July 6, 2016– GTX Corp (OTCBB: GTXO), an IoT platform in the personal location wearable and wandering assistive technology business, announced today signing a definitive agreement with Inventergy Innovations, LLC  (“Inventergy”), a subsidiary ofInventergy Global, Inc. (NASDAQ: INVT) a Silicon Valley-based intellectual property company, led by IP industry veteran and former Hewlett-Packard  executive, Joe Beyers, to spearhead their monetization efforts for its personal wireless location-based services IP assets. Both companies previously announced their letter of intent on May 10, 2016 and as part of the final agreement, Inventergy will have exclusive rights to license or sell three GTX patents – US 8,154,401, US 8,760,286, and US 9,219,978, commonly referred to as the “Comm. Protocol” or “286” Family. In exchange for the exclusive rights to sell or license these 3 patents, Inventergy will pay GTX Corp an advance against future income, in cash and INVT stock with […]

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GTX Corp Signs Definitive Patent Agreement with Inventergy and Receives First Payment

Los Angeles, Calif. – July 6, 2016– GTX Corp (OTCBB: GTXO), an IoT platform in the personal location wearable and wandering assistive technology business, announced today signing a definitive agreement with Inventergy Innovations, LLC  (“Inventergy”), a subsidiary ofInventergy Global, Inc. (NASDAQ: INVT) a Silicon Valley-based intellectual property company, led by IP industry veteran and former Hewlett-Packard  executive, Joe Beyers, to spearhead their monetization efforts for its personal wireless location-based services IP assets. Both companies previously announced their letter of intent on May 10, 2016 and as part of the final agreement, Inventergy will have exclusive rights to license or sell three GTX patents – US 8,154,401, US 8,760,286, and US 9,219,978, commonly referred to as the “Comm. Protocol” or “286” Family. In exchange for the exclusive rights to sell or license these 3 patents, Inventergy will pay GTX Corp an advance against future income, in cash and INVT stock with […]

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GTX Corp Signs Research Collaboration Agreement with George Mason University’s College of Health and Human Services

Los Angeles, Calif. – June 29, 2016– GTX Corp (OTCBB: GTXO), an IoT platform in the personal location wearable and wandering assistive technology business, announced today the signing of a collaboration agreement with George Mason University’s College of Health and Human Services. In collaboration with investigators from the Milken Institute School of Public Health at the George Washington University, who have expertise in the economics of disease management and mobile health technologies, the University will utilize GTX technology and data in order to study wandering habits in elderly people with Alzheimer’s and dementia. The initial project will begin in early fall 2016 and is expected to last 1 year, and if successful, will be followed up with a large scale project planned for another 2-3 years. The goal of the project is to investigate the possibility of using GPS data collected by GTX’s SmartSole for predicting wandering patterns of elderly […]

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GTX Corp Featured in the 1IT Enterprise Magazine 2016 Special edition of the 25 most Empowering IoT Companies

GTX Corp – Keeping you connected to who matters most… Patrick Bertagna, CEO Click to Read the Magazine GTX Corp (GTXO) is a pioneer in Smart, Mobile and Wearable GPS tracking and recovery location based services, supported through a proprietary IoT enterprise monitoring platform. GTX offers a complete end-to-end solution of hardware, software and connectivity. The Company develops 2 way GPS tracking technologies which seamlessly integrate with consumer products and enterprise applications. GTX Corp utilizes the latest in miniaturized, low power consumption GPS, Cellular and BLE technology and offers a proprietary platform that enables subscribers to track in real time the whereabouts of people or high valued assets through a complete end to end – customizable transceiver module, wireless connectivity gateway, smart phone Apps, middleware, and IoT portal. Headquartered in Los Angeles, California, with distributors in 14 countries and customers in over 35 countries, GTX is known for its award-winning patented GPS SmartSole®– […]

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GTX Corp Signs Agreement with Possum Ltd Expanding Distribution of the SmartSole across UK and Ireland

LOS ANGELES, CALIFORNIA –June 8, 2016 – GTX Corp (OTCBB: GTXO),an IoT platform in the personal location GPS wearable and wandering assistive technology business,announced the commercial launch of the GPS SmartSole with Possum Ltd, a B2B Healthcare and Telehealth provider conducting business across the UK and Ireland. Possum is an independent, privately owned British company which develops, manufactures, supplies, installs and supports Electronic Assistive Technology products and systems to the National Health Service and distributes and supports a wide range of products to the Telehealth and Technology Enabled Care and Support markets.  Established in 1961, Possum is a former holder of one of the most prestigious business awards in the UK, the Queen’s Award for Enterprise in the Innovation category. Philip Robinson, Managing Director of Possum stated, “Deploying new innovative technologies such as the GPS SmartSoles, which can improve health outcomes, increase independence, reduce loneliness and isolation is what we […]

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