Equities.com- GTX Corp Awarded New US Air Force Contract and Expands Product Reach in Security and Alzheimer’s Settings

The US military has the highest expenditure of any such group in the world, spending $610 billion—35% of global military expenditure—last year, according to a May 2018 report from the Stockholm International Peace Research Institute (SIPRI). Keeping track of the assets purchased as they are deployed around the world is an enormous challenge, and one for which evidence suggests that help is significantly needed. A 2014 report from ABC News highlighted an audit by the Department of Defense’s Inspector General, which discovered that 15,600 pieces of equipment valued at $419.5 million went missing in Afghanistan in 2013. Over $1 billion of US weapons and equipment went missing in Kuwait according to a 2017 report in Newsweek. GTX Corp  (GTXO[OTO] – $0.0332 0.0045 (11.94%)   )—whose flagship GPS SmartSole product helps people to accurately and discreetly track those in their care who may wander due to Alzheimer’s disease and other dementias, autism and other disabilities—just achieved another significant milestone with the awarding of […]

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Autism Society Features Business Supporter, GTX Corp

Business Supporter: GTX CorpOur newest Business Supporter, GTX Corp, provides wander prevention and recovery SOLUTIONS through its award-winning patented GPS SmartSole®. The patented GPS SmartSoles are water resistant, come in several trim to fit sizes, made of the highest quality components and manufactured in the United States. GTX Corp is a trusted brand which has been in business for over 15 years, with customers in over 35 countries and offers an entire line of GPS tracking products and service. Apply the coupon code ASA25 at checkout to receive $25.00 off your total orderand GXT Corp will donate an additional $25 directly to the Autism Society! September 2018 Special Issue: Back to School It is hard to believe that summer is ending and that means that school is back in session.  As the new school year gets underway, incoming students are adjusting to a new schedule and new teachers, navigating classes […]

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GTX Corp Awarded New Military Contract

Air Force Awards Contract for Personnel/Equipment Tracking System LOS ANGELES, CALIFORNIA – September 5, 2018 – GTX Corp (OTCBB: GTXO) (“the Company”), an Internet of Things (IoT) solutions provider in the wearable location and wandering assistive GPS technology business, announced today it has received a new contract from Edwards Air Force Base (AFB) for additional units of its Personnel, Equipment Tracking System (P.E.T.S.), which is a lightweight, mobile, non-cellular, encrypted GPS technology platform designed to track personnel and equipment. This highly versatile and scalable military-grade tagging, tracking & locating (TTL) GPS platform was specifically developed by GTX Corp for large-scale installations and military bases that need to monitor the location and movement of both human and non-human assets, but, due to their remote locations or lack of conventional cellular coverage, require devices that can transmit data through RF technology, report latitude and longitude coordinates every second, and encrypt the data. […]

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GTX Corp Signs Distribution and Collaboration Agreement with KGH, Inc. and Adds Kathleen Kiernan to Advisor Board

LOS ANGELES, CALIFORNIA – August 29, 2018– GTX Corp (OTCBB: GTXO), a pioneer in the field of wearable GPS human and asset tracking systems and wandering assistive Internet of Things (IoT) technology announced the signing of a bilateral distribution and collaboration agreement with Kiernan Group Holdings, Inc., an intelligence, law enforcement and national security consulting, training, and risk services firm providing tailored solutions to complex security challenges. Headquartered in Alexandria Virginia, Founder and CEO Dr. Kathleen Kiernan along with the KGH team bring earned experience across the public and private sectors, domestically and internationally. As part of the agreement GTX and KGH will resell, cross-promote and collaborate on projects that fit their mutual core competencies which not only make the world a better place but a safer one, including our Nations’ schools. “We are very excited about Kathleen joining our advisory board and formulating this partnership with KGH. We are […]

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GTX Corp Second Quarter 2018 Summary

Revenue increased 7%, Subscriber Revenue increased 108%, G&A decreased 19% LOS ANGELES (August 21, 2018) GTX Corp (OTCBB: GTXO) (“the Company”), a pioneer in the field of wearable GPS human and asset tracking systems and wandering assistive technology, today announced a summary for the second quarter ended June 30, 2018. Second Quarter Financial Highlights Overall revenue increased 7% over 2017 comparable period. Subscriber revenue increased 108% over 2017 comparable period. Total Subscribers increased 52% over 2017 comparable period. COGS decreased 29% from 2017. Net Profit increased 33.6% from 2017. Gross Margin, excluding IP, increased 66% from 2017. Professional Fees decreased 30% from 2017. G&A decreased 19% from 2017. Six Month Financial Highlights Overall Revenue increased 25% over 2017 comparable period. Subscriber revenue increased 52% over 2017 comparable period. Total subscribers increased 26% over 2017 comparable period. COGS decreased 10% from 2017. Net Profit increased 55% from 2017. Gross Margin, excluding IP, […]

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GTX Corp Tracking Technology Selected By George Mason University Grant for Study to Predict Wandering

Los Angeles, Calif. – August 8, 2018– GTX Corp (OTCBB: GTXO), a pioneer in the field of wearable GPS human and asset tracking systems and wandering assistive technology, today announced that George Mason University’s College of Health and Human Services has received a grant from the Alzheimer’s & Related Diseases Research Award Fund to continue its machine learning wandering prediction research. Mason has selected the GTX Corp flagship GPS SmartSole and tracking technology platform to conduct the study and continued research which has the potential to quickly detect and stop episodes of wandering before they can result in a tragedy. This is the first study to link movement patterns to the progression of Alzheimer’s disease “AD”. In June, Mason published a study which explored the possibilities of using machine learning methods and AI applied to data from GPS trackers to create models that can predict patterns of movement. Based on the success of the published study, […]

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GTX Corp Signs Agreement and Forms Alliance with Autism Society of America

LOS ANGELES (August 1, 2018) GTX Corp (OTCBB: GTXO) (“the Company”), a pioneer in the field of wearable GPS human and asset tracking systems and wandering assistive technology, today announced the signing of a collaboration and support agreement with Autism Society of America, which has been improving the lives of all affected by autism for over 50 years and provides advocacy, education, information, support, and referral at national, state and local levels through its strong nationwide network of Affiliates. “We are excited to partner with GTX Corp and begin providing the thousands of families we work with, easy to use technical solutions for those who wander. GTX Corp is a leader in helping parents and individuals maximize their safety in their homes and community. This partnership will help address the growing serious safety concerns of many families and individuals we serve,” stated Scott Badesch, Autism Society of America’s President and […]

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GTX Corp, Now MetAlert, GPS SmartSole in UK Trials through National Health Service

by NetworkNewsWire (NNW) ·        GPS SmartSole in trials with the UK’s National Health Service (NHS) ·        Could be issued across England through NHS ·        GPS SmartSole set for distribution across the UK and Ireland GTX Corp’s (OTC: MLRT) GPS SmartSole, which is fitted with location-based technology, could soon become available in the UK through the country’s National Health Service (NHS), according to several British news reports (http://nnw.fm/8LswG). The wearable GPS device is undergoing tests in Dorset, England, to assess its ability to keep track of dementia patients (http://nnw.fm/28GQi). A number of organizations that work with those suffering from Alzheimer’s and dementia appear to be pushing for the product’s adoption, among them Tony Young, a national clinical director of NHS England, and Sally Copley, a senior official of the Alzheimer’s Society in the UK. Copley, who serves as the director of policy, campaigns and partnerships with the Alzheimer’s Society noted in a Barchester article (http://nnw.fm/MD1lL) that […]

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GTX Corp Engages Doost, Inc. to Open Retail Channels

LOS ANGELES (July 19, 2018) GTX Corp (OTCBB: GTXO) (“the Company”), a pioneer in the field of wearable GPS human and asset tracking systems and wandering assistive technology, today announces the hiring of Doost, Inc,. a boutique sales and business development agency bridging the gap between Big Box retailers and technology companies. Led by a team with extensive technology expertise, Doost understands the challenges technology companies have in bringing their solutions to the retail marketplace. Doost leverages this knowledge, along with its deep relationships within the retail industry and unrivaled access to a global network of resources, to assist tech companies’ scale and bring their products to market. “We look forward to helping GTX Corp expand its market reach to Big Box retailers while providing strategic opportunities through our corporate brand partners,” stated Aryan Davachi, managing partner. GTX Corp is best known for its wearable wander assistive GPS Smartsole® product, a […]

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GTX Corp Closes Million Dollar Institutional Financing at Premium to Market

Los Angeles, Calif. – July 16, 2018 – GTX Corp (OTCBB: GTXO) (“the Company”), a pioneer in the field of wearable GPS human and asset tracking systems and wandering assistive technology, is pleased to announce the completion of several corporate initiatives including securing a million dollar round of financing at a 10x valuation of current trading price. The Company has already received its first tranche and will draw down additional tranches over the next 12 months. The financing will help position the Company for growth, support upcoming corporate initiatives and pay down some debt. GTX Corp has also successfully completed a reverse split and is in the process of up-listing to the OTCQB Venture Exchange. Over the next 15 days GTXO will trade under the ticker symbol GTXOD and then will revert back to GTXO once all the trading platforms have been updated. “We are thrilled to announce securing a […]

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