PR Newswire- Developments in the Internet of Things Market

FinancialBuzz.com News Commentary NEW YORK, January 10, 2018 /PRNewswire/ — According to a report published by Marketsandmarkets, the Internet of Things (IoT) market size is expected to grow from USD 170.57 billion in 2017 to USD 561.04 billion by 2022, at a compound annual growth rate of 26.9 percent. The report indicates that the increasing adoption of cloud platforms and the developments of advanced data analytics are some of the main factors that drive the internet of things market. North America is expected to dominate the market during the forecast period as the North American companies invest heavily in R&D. GTX Corp. (OTC: GTXO), Intermap Technologies Corporation (OTC: ITMSF), Gopher Protocol Inc. (OTC: GOPH), Ability, Inc. (NASDAQ: ABIL), Inpixon (NASDAQ: INPX) The report also point out that service will be the fastest growing segment in the market during the forecast period, “the integration of new services and solutions into the company’s contemporary functioning system or the infrastructure necessitates the […]

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​Equities.com- Why CES 2018 Could Be a Major Coming Out Party for GTX Corp and Its Expanded IoT Offerings

With the largest tech conference set to kick off this week, the 2018 Consumer Electronics Show (CES) promises to once again highlight all the best new products and innovations set to hit the market this year. Among the most watched trends will be the latest applications in the Internet of Things (IoT) technology, health-tracking wearables and artificial intelligence. For GTX Corp (GTXO), the event serves as a perfect launching pad for the company’s 2018 rollout of its leading IoT and GPS-based wearable tracking products and services. Riding high on the significant momentum it established in 2017, GTX is as primed as ever for a breakthrough year. At CES, GTX will be presenting its new Biometric Insoles alongside its partner Veristride. The collaboration, which began in August 2017, set out to develop and launch a suite of biometric solutions embedded in insoles with the primary goal of helping senior citizens avoid falling, which is a major […]

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GPS SmartSole will be on the Kardashians this Sunday night E channel 6:00 PM PST

GPS SmartSole will be on the Kardashians this Sunday night E channel  6:00 PM PST Here is a little sneak preview! YouTube – over 275,000 views https://www.youtube.com/watch?v=IpjK885tG2c E Online www.eonline.com/shows/kardashians/news/903498/keeping-up-with-mj-kris-jenner-puts-a-tracking-device-in-her-mom-s-shoes-to-keep-tabs-on-her-on-kuwtk Instyle http://www.instyle.com/news/kris-jenner-mom-tracking-device

GTX Corp and Veristride Presenting Biometric Insoles at CES 2018

Also previewing new children’s GPS SmartSole® and Armatrak Rifle Tracker   LOS ANGELES, CALIFORNIA – January 4, 2018 – GTX Corp (OTCBB: GTXO), an Internet of Things (IoT) solutions provider in the personal location, wearable and wandering assistive technology business, announced today that it will be presenting its new Biometric Insoles and previewing some of its other new products scheduled for launch in 2018, including the children’s GPS SmartSole®, GPS InvisaBelt designed for toddlers and the Armatrak GPS Rifle Tracker, at the annual Consumer Electronics Show (CES) in Las Vegas January 9-12. Executives from GTX and the Company’s strategic partner, Veristride, will be scheduling one-on-one appointments throughout the week. For those interested in learning more about this ground breaking and cost savings technology can stop by Thursday, January 11 from 2:00 to 5:00 PM PST in hospitality suite 310 at the Las Vegas Westgate Tower. To schedule a meeting please […]

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​Q3 Growth and New Legislation Serve as More Validation for GTX Corp’s Tracking Technology

Wearable IoT technology pioneer GTX Corp. (OTC:GTXO) continues to leverage several major tailwinds to solidify its position as a leader in serving a number of key target markets with its innovative GPS-tracking recovery services. The company achieved several significant milestones over the past quarter, including major partnership and military contract announcements. GTX Corp reported growth in both products and services revenue in its latest financial quarter. Product revenue increased by 7% in the quarter ended Sept. 30, 2017, over the prior year’s quarter, while services revenue rose 8% over the prior year’s quarter. Source: Data from GTX Corp. Form 10-Q for the quarterly period ended September 30, 2017. Chart by Equities.com. Growth in the nine-month period ending Sept. 30, 2017, continued to trend well, with product revenues up 17% and services revenues showing a 12% increase, over the prior year’s period. Source: Data from GTX Corp. Form 10-Q for the quarterly period ended September 30, […]

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GTX Corp Third Quarter 2017 Summary Results

LOS ANGELES, CA – November 20, 2017 – GTX Corp. (OTCQB: GTXO), an IoT platform and provider of personal location GPS wearable technology and wandering assistive technology, announces financial summary for the third quarter ended September 30, 2017. Third Quarter Highlights: Product revenues increased by 7% over 2016 comparable period Service revenues increased by 8% over 2016 comparable period COGS decreased 20% from 2016 comparable period Product & Service Gross Margins increased from 41% to 56% over 2016 comparable period Professional fees decreased 40% from 2016 comparable period G&A decreased 18% from 2016 comparable period Total operating expenses decreased 6% from 2016 comparable period Nine Month Highlights:   Product revenues increased by 17% over 2016 comparable period Service revenues increased by 12% over 2016 comparable period COGS decreased 11% for 2016 Gross margins increased from 30% to 46% over 2016 comparable 9 month period During the period ending September 30, 2017, the Company […]

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Equities.com- ​GTX (GTXO) Creates GPS Toy Line as Stealth Child Monitoring Solution

Friday, 17 November 2017 15:31 (EST) Just in time for the upcoming holiday season, GTX Corp. (GTXO) has released the innovative Take-Along Friends toy line, which are five 8-inch plush dolls embedded with the company’s award-winning GPS tracking technology. This momentous launch signals GTX’s much-anticipated entry into the children’s products market. The plush toy industry alone was a $1.08 billion dollar industry in the United States last year, and during the holidays the huggable toys are a reliable staple for busy holiday shoppers. But, beyond just the holidays, any parent can tell you that a furry friend is an everyday carry item for most babies and toddlers, which makes this new innovative product from GTX such a life-saver for parents. According to the National Center for Missing and Exploited Children, an estimated 800,000 children are reported missing each year in the United States – equating to roughly 2,000 per day. These facts demonstrate the peace of […]

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GTX Corp Launches GPS Tracking Solutions for Young Children

Suitable for all ages, the innovative Take-Along Friends come in five adorable, kid friendly toy options to choose from.  LOS ANGELES, CALIFORNIA – November 15, 2017 – GTX Corp (OTCBB: GTXO), an Internet of Things (IoT) solutions provider in the personal location, wearable and wandering assistive technology business, is pleased to announce the launch of the Take-Along Friends product line – a brand-new, safe and discreet GPS tracking device for children and suitable for all ages. Available now and just in time for the holidays, the Take-Along Friend is a miniature GPS tracker hidden and safely secured inside a plush toy, providing parents and family members love and protection for their little ones wherever they go. Children will enjoy Take-Along Friends’ charm as much as adults enjoy the peace of mind of knowing at all times where their kids are at the touch of a button. Offered in five different adorable, 8” plush […]

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GTX Corp Supports National Family Caregivers Month

November is National Family Caregivers Month, with this year’s theme, “Caregiving Around the Clock”, holding special significance to those caring for someone with Alzheimer’s or related dementia. The stress of caregiving for persons with dementia has been shown to impact a person’s immune system for up to three years after their caregiving ends, increasing their chances of developing a chronic illness themselves. Among the largest causes of stress for these caregivers is fear of the person they care for wandering and becoming lost, with 60% of those afflicted becoming lost at least once, and 70% of those becoming lost 3 or more times during the progression of the disease.  There are currently more than 5 million Americans living with Alzheimer’s, projected to more than triple, to more than 16 million, by 2050. GTX Corp is committed to supporting caregivers, of those both living at home and in senior housing communities, by providing “peace of mind” […]

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GTX Corp is Presenting at the Southern California Biomedical Council Digital Health Summit

Summit explores the promise of the Internet of Medical Things showcasing leading IoMT technologies developed in Southern California LOS ANGELES, CALIFORNIA – November 1, 2017 – GTX Corp (OTCBB: GTXO), an Internet of Things (IoT) solutions provider in the personal location, wearable and wandering assistive technology business, announced today that it has been invited to participate in the 2017 SoCalBio Digital Health Summit presented by the Southern California Biomedical Council, taking place on Tuesday, November 7, 2017 at the Ronald Tutor Campus Center at USC in Los Angeles, CA. GTX Corp’s Chief Executive Officer, Patrick Bertagna, will be speaking on the “IoMT and Remote Patient Monitoring” panel taking place from 9:15-10:15am PST. During this panel, Mr. Bertagna and other selected fellow industry experts and key opinion leaders, will discuss how remote patient monitoring and care through IoT platforms can disrupt traditional healthcare delivery models and expand the reach of quality healthcare to the aging […]

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