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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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​Equities.com- GTX Corp. Continues to Expand Its IoT Reach in the Military Sector

Spotlight Companies | Monday, 30 October 2017 11:03 (EST) The advent of the Internet of Things (IoT) is vastly changing our capabilities when it comes to safety and security. IoT solutions are already being harnessed by police, military and security forces around the globe as a cost-efficient and intelligent way to protect citizens and property. By harnessing interconnected technologies and incorporating machine learning and advanced monitoring analysis, organizations from various sectors are deploying IoT solutions to regulate circumstances that were once thought beyond control or measure. GTX Corp (GTXO), an innovative IoT technology provider, is one company in the thick of this transformational technological movement. They recently finalized another partnership that stands to significantly benefit law enforcement and the military. The company announced a partnership with Garrison Defense LLC (Bozeman, MT) to incorporate GTX’s GPS tracking technology into Garrison’s new ArmaTrak™ solution, an intelligent firearm tagging and tracking system that will provide law enforcement and military […]

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GTX Corp Partners with Garrison Defense to Provide Real Time GPS Weapons Tracking and Asset Accountability

LOS ANGELES, CALIFORNIA – October 25, 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 partnered with Garrison Defense LLC (Bozeman, MT), an industry leader of intelligent ready-to-deploy weapon security systems, to incorporate GTX’s GPS tracking technology into Garrison’s new ArmaTrak™️ solution – an intelligent firearm tagging and tracking system that will provide law enforcement and military personnel with real-time weapons accountability through the Garrison central monitoring portal and app. The Garrison Defense ArmaTrak™️ system allows law enforcement and military personnel to innocuously equip a firearm with GTX Corp’s proprietary field-tested miniaturized GPS tracking technology in a way that seamlessly integrates with the weapon and is unrecognizable to the untrained eye. The device contains a GPS module connected through a cellular network that transmits movement and location based information which can be remotely monitored. When […]

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GTX Corp. Is Bringing IoT to Everyone with a New Online Store – Equities.com

The IoT market is exploding. A recent report revealed the global Internet of Things (IoT) market spend will grow from $625.2 billion in 2015 to $1.29 trillion in 2020 — with a compound annual growth rate (CAGR) of 15.6%. This week, Dell Chairman and CEO made news when he announced that his company would be setting up a new research and development division that will invest $1 billion in intelligent technology. One driver behind IoT growing so rapidly happens to be because the technology works fluidly with many corners of the business world. An area where its impact is already being felt is in the healthcare field, specifically helping to protect our growing aging population. GTX Corp. (GTXO) is an award-winning company in the space that develops cost-efficient and wearable IoT technology that is improving the quality of life and safety for senior citizens. The company is best known for their GPS Smartsole® product, which is […]

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GTX Corp Upgrades E-commerce Platform and Launches New Online Store

  Renovation of the Company’s web properties includes lowered pricing options and an enhanced store LOS ANGELES, CALIFORNIA – October 12, 2017 – GTX Corp (OTCBB: GTXO), an Internet of Things (IoT) solutions provider in the personal location, wearable and wandering assistive GPS technology business, is proud to announce that it has upgraded its web properties and ecommerce platform including the unveiling of a more feature-rich online store – serving as a one stop shop for GTX’s full suite of innovative wearable tech products, personal location services and accessories. The renovation includes enhanced capabilities, additional user-friendly features and lower prices as well as new websites for its Take-Along Tracker 3G and Track My Workforce products.   In an effort to simply the process for GTX’s diverse customer base and online community to shop with more ease, the Company has been working diligently to streamline consumers’ overall online experience by enabling […]

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