LOS ANGELES, CALIFORNIA–February 25, 2016– GTX Corp (OTC: GTXO), a pioneer and global provider of wearable monitoring and tracking solutions using GPS, Cellular and BLE technology, reports a successful presentation at the SeeThruEquity & The Brewer Group 2nd Annual Innovations Investor Conference at The Ritz-Carlton in Miami on February 22, 2016.
GTX Corp CEO, Patrick Bertagna, presented on the Company’s 2016 initiatives—discussing where the ever-growing $18 billion dollar wearable technology industry is heading and the Company’s positioning as a pioneer in the industry, specifically relating to its recently granted new patents and the overall value proposition of its entire IP portfolio. Mr. Bertagna discussed GTX Corp’s expanding domestic and international distribution channels, current Pilot programs and new product launches, the value behind reimbursement codes in 4 States, and how the Company is planning to grow its global subscriber base. Mr. Bertagna also touched on 2015 millstones:
- Revenues increased 405% over 2014 comparable periods
- Subscribers increased 300% over 2014 comparable periods
- Subscriber revenues increased 136% quarter over quarter
- Active units in the field and subscribers in over 35 countries
- Opened a distribution center in Ireland servicing B2C Europe demand
- Reimbursement Codes or Vendor Number in 4 States
- Signed Global Connectivity agreement with Telefonica, implemented an embedded SIM card and global flat rate pricing
- Added 4 professional athletes as brand ambassadors
- Became a member of the United Nations Global Compact
- SeeThruEquity initiated coverage with a $.09 target price
The Company also reported successful 1 x 1 meetings with institutional investors and companies, to begin identifying opportunities and strategic partnerships.
About SeeThruEquity
Since the company’s founding in 2011, SeeThruEquity (STE) has been committed to its core mission: providing impactful, high quality research on uncovered and under covered microcap stocks and hosting investor conferences throughout the year. STE has been able to grow its research universe to over 176 names.
STE conferences are the ultimate event for publicly traded companies with less than $1 billion in market capitalization because it augments the conference experience with the firm’s research which is part of Wall Street consensus and available across industry leading platforms including Thomson First Call, FactSet, S&P CapitalIQ, Yahoo! Finance and Bloomberg to name a select few. STE has hosted 20 investor conferences which have showcased over 350 companies, attracted over 4500 attendees and have included over 1,700 1-on-1 meetings.
For more information please visit www.steconference.com.
About The Brewer Group
The Brewer Group, Inc. (TBG) is an industry agnostic investment and consulting company with assets ranging numerous sectors. TBG’s relationships with key international decision makers spanning government development agencies, financial institutions, multinational corporations, NGOs and numerous leaders in sports and entertainment place TBG in a unique position to grow its portfolio. TBG takes pride in identifying companies whose goal is to make a social impact on the communities in which they serve. For further information, please visit www.thebrewergroup.com.