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GTX Corp Issued Two New Patents

LOS ANGELES, CALIFORNIA, February 28, 2019 GTX Corp (OTCQB: GTXO) (GTX), a pioneer in the field of wearable GPS people and asset tracking Location-Based Services (LBS) and Real-Time Location Systems (RTLS), today announced it has been issued two new patents by the United States Patent and Trademark Office (USPTO). GTX’s vast Intellectual Property (IP) portfolio underpins its business lines. Since the start of the year, the IP legal team has been busy adding these two new patents to the portfolio, filing additional claims through the ongoing continuation process and negotiating licensing agreements. The GTX patent portfolio addresses three core areas: Footwear, Communication and Backend Server. Of the two newly issued patents, one is in the Communication family and the other is in the Footwear family. “These latest patents are important additions to GTX’s overall portfolio,” commented Larry Henneman, Esquire, GTX’s lead patent attorney. “The ongoing investment in IP demonstrates GTX’s […]

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GTX SmartSole Shown at Glenner Alzheimer’s Family Center Town Square

GTX’s SmartSole were proudly displayed this past Saturday at the Glenner Alzheimer’s Family Center Town Square®, the nation’s first immersive reminiscence therapy day center for people with dementia. The event gathered an array of San Diego innovators in the dementia care space and was open to both industry professionals and family caregivers. This was the first event of its kind held at the new center that opened this past August. Mindy Baker, PhD, Director of Education at the Glenner Centers, the organization that founded the innovative Town Square®, spoke about the benefits of reminiscence therapy for people with dementia. The entirety of Town Square® is designed to replicate a 1950s small town in an effort to facilitate reminiscence. “The SmartSole is a GPS wearable tracking technology that helps to reduce the incidence of loved ones with dementia becoming lost due to dangerous wandering,” stated Lisa D. Tyburski, Chief Marketing Officer […]

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GTX Signs Collaboration Agreement with Flint Rehab

LOS ANGELES, CALIFORNIA – February 6, 2019 – GTX Corp (OTCQB: GTXO) (“GTX” or the “Company”), a pioneer in the field of wearable GPS, human and asset tracking systems and wandering assistive technology, today announced that it has signed a collaboration agreement (the “Agreement”) with Flint Rehab, LLC, a leading neuro-rehabilitation device company that specializes in next-generation digital health technologies. By the Agreement, GTX and Flint Rehab will develop a next generation SmartSoleÒ noninvasive GPS wearable tracker for those who wander, which will include location-based GPS technology, biometric activity sensors and machine learning. “We are very excited that GTX has been selected to collaborate with Flint Rehab in the new development of the next version SmartSoleÒ GPS footwear that will include activity tracking to promote senior wellness,” commented GTX’s CEO, Patrick Bertagna. “By having sensors for tracking and biometrics, and utilizing both the left and right soles, we will be […]

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Location Prediction Using GPS Trackers: Can Machine Learning Help Locate Missing People with Dementia?

Jan 22 2019   JanuszWojtusiak ReyhanehMogharabnia IoT Journal has just published Associate Professor and Director of Health Informatics at Mason’s College of Health and Human Services Janusz Wojtusiak, PhD, initial findings from his research which studied the possibility of using machine learning methods applied to data from GPS trackers to create individualized models that describe patterns of movement. These patterns can be used to predict typical locations of individuals with dementia, and to detect movements that do not follow these patterns and may correspond to wandering. The GPS trackers and data used in the study were provided by GTX Corp’s GPS SmartSoles. Significant number of people with dementia are at risk of wandering and getting lost. These individuals may get hurt, cause distress to families and caregivers, and require costly search parties. This study explores the possibility of using machine learning methods applied to data from GPS trackers to create individualized models that describe patterns of […]

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GTX Advisor Andrew Carle Writes for Forbes.com

Longtime GTX Corp advisor Professor Andrew Carle is now a contributing writer to Forbes.com Congrats Professor Carle! Read the full article on Forbes.com: “Global Aging in a Warming World.”  

GTX Advisor Kathleen Kiernan Featured in American Security Today Awards

We are proud to see GTX Corp Advisor, Kathleen Kiernan, of Kiernan Group Holdings, featured in the 2018 American Security Today publication, Champion’s Edition. They received two awards for their work in producing homeland security educational resources and curriculum.  For the office environment they offer active threat readiness Preparedness without Paranioa, and for students, Lucky the Preparedness Dog educates children in age appropriate means about how to react during events ranging from bullying to terrorism. Congratulations, Kiernan Group Holdings, and CEO Kathleen Kiernan on your awards and recognition! We look forward to our continued partnership and future collaboration in the security field. In addition to advising GTX on security and law enforcement initiatives, Kathleen is an integral part of the new “Smart School Safety Network” GTX is launching, utilizing BLE, NFC and indoor positioning technology. American Security Today  – ‘PROTECTING OUR NATION, ONE CITY AT A TIME’ 222 Pages of In Depth Coverage Dedicated to Government Security, Homeland […]

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GTX Corp Secures a $500,000 Revolving Line of Credit for Product Financing and Signs up Two New Distributors

LOS ANGELES CALIFORNIA, January 3, 2019 GTX Corp (OTCQB: GTXO) (“the Company”), a pioneer in the field of wearable GPS human and asset tracking systems and wandering assistive technology, today announced securing a revolving line of credit for production financing, and onboarding two new distributors, one in Canada and the other in the U.S. A private institutional partner will provide inventory and production financing in the form of an interest and royalty based credit line, whereby the Company can draw down on an as needed basis upon product demand and receipt of purchase orders. The initial credit line is for $500,000 and based on payment history and product demand the lender may increase the line to three million dollars. This credit line will provide the Company growth capital without taking on more convertible debt. The Company also signed up two new distributors which officially launched SmartSole sales over the Holidays. […]

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GTX Corp Third Quarter 2018 Summary

Revenue increased 12%, Product Sales increased 43%, Subscribers increased 62% LOS ANGELES CALIFORNIA, November 27, 2018 GTX Corp (OTCQB: GTXO) (“the Company”), an Internet of Things (IoT) solutions provider in the GPS wearable location and wandering assistive technology business announced today a summary for the third quarter ended September 30, 2018. Third Quarter Financial Highlights Overall Revenue increased 12% over 2017 comparable period. Product Sales increased 43% over 2017 comparable period. International Subscribers increased 120% over 2017 comparable period. Domestic Subscribers increased 33% over 2017 comparable period. COGS decreased 31% from 2017. Gross Margin, excluding IP, increased 34% from 2017. Wages & Benefits decreased 3% from 2017. Other expenses decreased 87% from 2017. Nine Month Financial Highlights Overall Revenue increased 31% over 2017 comparable period. Product Sales increased 73% over 2017 comparable period. Subscriber Revenue increased 20% over 2017 comparable period. Total Subscribers increased 73% over 2017 comparable period. COGS decreased […]

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GTX Corp Showcasing its Line of Wearable Technology Solutions at the 2018 2nd Annual SoCalBio’s Digital Health Conference

CEO Patrick Bertagna participated on two separate panels discussing reimbursement, consumer adoption, privacy and remote monitoring.