LOS ANGELES, CALIFORNIA – September 24, 2020 – GTX Corp (OTC: GTXO) (“the Company”), a pioneer in the field of health & safety wearable GPS human and asset tracking systems and personal protective medical equipment, announced today it has been issued a new patent by the United States Patent and Trademark Office (USPTO).
U.S Patent No. 10,743,615 entitled “System and Method for Embedding A Tracking Device in a Footwear Insole” is GTX’s third patent related to embedding Real-Time Location Systems (RTLS) GPS wearable tracking technology into footwear. “This patent covers different aspects of the GPS SmartSole product and we expect to receive more patents covering other aspects on related applications in the future” said Larry Henneman, GTX’s Patent Counsel.
“As the global wearable medical device market continues to grow and expecting to reach $9.4 billion by 2022, this patent solidifies the strength and dominance of our portfolio with respect to wearable tracking and monitoring technologies embedded in footwear,” said Andrew Duncan, Director GTX Corp.
GTX’s Intellectual Property portfolio underpins its growing value proposition as the Company continues to expand its wearable technology portfolio by leveraging the pending open continuation on this new issued patent.
“The ongoing investment in IP demonstrates GTX’s commitment to develop technology in the growing wearable tech space and further enhances our competitive barriers to the market. These patents not only apply to our flagship GPS SmartSole product line, but also will support and advance our value proposition within the wearable tech industry,” said Patrick Bertagna, GTX Corp CEO. “As a pioneer in wearable tracking and monitoring technology, we are watching larger companies such as Nike, Apple, Samsung, Garmin, Verizon and others navigate in this space. We will continue to enhance our competitive position and increase our value through innovative advancement,” added Patrick Bertagna.
Most widely known for its patented GPS SmartSole and Smartphone GPS Tracking App, GTX also distributes an extensive line of Personal Protective Equipment “PPE”. GTX Corp is a For-Profit with Purpose Company, which owns, and licenses an extensive IP portfolio, is a U.S. military contractor and GSA contract approved supplier. The Company takes particularly pride that many of its products are manufactured in the U.S. Many of the Company’s products are available on its online store, Amazon, and authorized resellers and distributors across the globe.
To find out more how you can buy or become an authorized reseller contact info@gtxcorp.com business development.
MetAlert (OTC: MLRT) and its subsidiaries occupy a commanding position in the design, development, manufacturing, distribution, sales, and licensing of GPS wearable technology, asset recovery services, wandering assistive technology, and health data collection and monitoring. The Company delivers comprehensive global solutions encompassing logistics, hardware, software, and connectivity.
Notable achievements include GunAlert the world’s first all in one firearm safety solution gun lock with patented motion sensor and GPS theft recovery. And the groundbreaking GPS SmartSole®, a fusion of Dr. Scholl’s comfort with LoJack’s tracking prowess. It stands as the world’s inaugural invisible wearable tracking device, designed for individuals susceptible to wandering due to Alzheimer’s, dementia, autism, and traumatic brain injury. MetAlert’s subscription-based model thrives on technology innovation fortified by intellectual property safeguards. The company boasts international distribution channels serving customers across 40 countries, alongside its role as a U.S. Military Government contractor. In addition to public health entities, MetAlert caters to municipalities, emergency and law enforcement agencies, private educational institutions, assisted living facilities, NGOs, senior care residences, consumers, and small enterprises.
General information, investor relations, wholesale licensing, consumer purchase:
213.489.3019 | Info@MetAlert.com | IR@MetAlert.com | Contact Us
MetAlert.com | Mygunalert.com | Track My Workforce | GPS SmartSole.com
MetAlert United Kingdom– In the UK, MetAlert operates from its London office.
Please contact: Nelson Skip Riddle | Email: NSRiddle@MetAlert.com | Tel: +44 7785 364100
Level 2 Security (Wholly owned subsidiary) Email: contactus@level2sec.com | www.mygunalert.com | www.ifitmoves.com
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Forward Looking Statements
This news release contains forward-looking statements. The terms and phrases “expects,” “would,” “will,” “believes,” and similar terms and phrases are intended to identify these forward-looking statements. Forward-looking statements are based on estimates and assumptions made by MetAlert considering its experience and perception of current conditions and expected future developments, as well as other factors that MetAlert believes are appropriate in the circumstances. Many factors could cause MetAlert’s actual results, performance, or achievements to differ materially from those expressed or implied by the forward-looking statements. Certain risk factors that may cause actual results to differ are outlined in MetAlert’s Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (which may be obtained on the SEC Website). These factors should be considered carefully, and readers should not rely on MetAlert’s forward-looking statements. MetAlert has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required.
Disclaimer: MetAlert does not warrant or represent that the unauthorized use of materials drawn from this document’s content will not infringe the rights of third parties who are not owned or affiliated by MetAlert. Further, MetAlert cannot be held responsible or liable for the unauthorized use of this document’s content by third parties unknown to the company.