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​GTX Corp’s (GTXO) Military Contract Shows an IoT Provider Soaring in Multiple Sectors

Spotlight Companies | Monday, 25 September 2017 11:01 (EST) It is a remarkable moment for the secular shift to the Internet of Things. This new technology is permeating into many corners of various industries and disrupting a myriad of legacy business models. One company at the forefront is GTX Corp (GTXO), an innovator with a sizeable portfolio of patented and award-winning technologies. Recently, the company announced a brand-new contractwith the Department of the Air Force, further validating its industry-leading GPS wearable technology. GTX will be supplying Edwards Air Force Base with specially-designed non-cellular GPS technology to track personnel and equipment. The Personnel/Equipment Tracking System (PETS) developed by GTX allows for large-scale monitoring of both human and non-human assets in remote areas with poor cellular coverage. GTX’s devices for the Air Force will, through Radio Frequency technology, send latitude and longitude coordinates that are both updated in real-time and fully encrypted providing much needed support for servicemen […]

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GTX Corp Receives Military Contract

Department of the Air Force Awards Contract for Personnel/Equipment Tracking System LOS ANGELES, CALIFORNIA – September 20, 2017 – GTX Corp (OTCBB: GTXO), an Internet of Things (IoT) solutions provider in the personal location, wearable and wandering assistive GPS technology business, announced today that it has filed and 8K for receiving a material contract from the Department of the Air Force to supply Edwards Air Force Base (AFB), located in Southern California, with a non-cellular, encrypted GPS technology platform in order to track personnel and equipment on the base. Edwards AFB will be the first military base to deploy the new GPS devices which are specifically developed by GTX Corp for large scale installations and bases that need to monitor the location and movement of both human and non-human assets, but due to their remote location or lack of conventional cellular coverage, the devices need to transmit through RF technology, […]

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GTX Corp Partners with ORBCOMM to Enable GPS SmartSoles on the Verizon Network

New GPS SmartSoles connected and distributed in the U.S. through the ORBCOMM / Verizon channel partnership LOS ANGELES, CALIFORNIA –September 12, 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 withORBCOMM Inc. (Nasdaq: ORBC), a leading global provider of Machine-to-Machine (M2M) and IoT solutions, to provide connectivity and distribution in the U.S. for its new Verizon GPS SmartSole® product. SmartSole, which is launching this week ahead of schedule, will be available for order on the ORBCOMM web platform, which will enable connectivity on the Verizon nationwide network as well as provide monthly billing services. GTX Corp’s patented GPS SmartSoles, the world’s first wearable yet invisible tracking technology, are placed in the wearer’s shoes and contain a GPS module connected through a cellular network that sends a GPS location to a central monitoring website or app. The product […]

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Equities.com writes: ​GTX Corp’s Smart GPS Wearable Technology Puts It on the Right Track to Growth

As the trend to use technological innovations to help seniors live longer and more fulfilling lives continues to grow around the world (generally referred to as the Aging 2.0 movement), the focus at GTX Corp is to develop innovative, cost friendly, wearable technology, such as the patented GPS SmartSoles, that can help lower healthcare costs while keeping people connected and protected (#connectedandprotected) for about a dollar a day. Across the United States, an estimated 5.5 million Americans have Alzheimer’s disease. This number is growing and estimates predict that number could reach 16 million by 2050. Of the millions of people who suffer from Alzheimer’s, six out of every 10 will wander, get lost or cannot remember their address. Of that group, 70% will become lost three or more times thereafter, and 46% of those not found within 24-hours may die. For these people afflicted with this deadly disease and the scores of those who […]

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GTX Corp Nominated in Three Categories for Uptick Newswire’s 2017 Uppie Awards

Uptick Newswire Presents its First Category Nominees for the 2017 Uppie Awards Show Phoenix, AZ (Uptick Newswire – September 6th, 2017) – Uptick Newswire, LLC is proud to announce the first round of nominees and the categories that these companies are going to be presented in for its first annual 2017 Uppie Awards Show. Whether the company has contributed to a product break through or has attained unique attributes to their arena, these companies are being recognized for their excellent contributions to their industries. Categories: Companies that have Shown Inimitable Technology Growth in 2017  GTX Corp. (OTCPink:GTXO) Companies that have Applied the most Significant Technology Contributions to the Industry GTX Corp. (OTCPink:GTXO) One of a Kind Medical Technologies on the OTC Markets  GTX Corp. (OTCPink:GTXO) You can read the rest of the press release here.

GPS SmartSole Now Available on the TruSense Platform

TruSense combines wireless sensors, Amazon Echo Dot and GPS Technology including GTX’s GPS SmartSole® to track daily activities, health patterns and variables, to address the needs of the entire family. LOS ANGELES, CALIFORNIA – August 30, 2017 – GTX Corp (OTCBB: GTXO), an IoT platform in the personal location wearable and wandering assistive technology business, today announced it has joined forces with TruSense, which provides family-friendly smart home technology for seniors, to include GTX’s patented GPS SmartSole® on TrueSense’s on-line store. Like GTX, TrueSense empowers seniors to remain independent and delivers peace of mind by safeguarding loved ones and providing insights to let users know if they’re okay. TruSense recently unveiled the first integrated smart home experience for seniors, bringing assurance to loved ones and keeping older adults in their own home longer. The Company uses sensor and GPS technology to discern the way a person lives—time spent sleeping, in […]

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GTX Corp Partners with HeartMath, Inc. to Provide Caregiving Community with Additional Resources

Drawing on HeartMath’s research-based personal stress relief technologies, GTX is adding HeartMath’s wellness products and services to provide and empower people, caregivers and organizations to greatly reduce stress associated with caregiving LOS ANGELES, CALIFORNIA – August 23, 2017 – GTX Corp (OTCBB: GTXO), an IoT platform in the personal location wearable and wandering assistive technology business, today announced it has formed a strategic alliance with HeartMath®, Inc., an acknowledged world leader in stress and resilience technologies that train users to release and reset their response to stress in real-time, and achieve a state of inner balance and optimal functioning. Founded by Doc Childre in 1991, HeartMath is focused on developing and delivering research-based, practical, and reliable tools and technologies that enable people to align and connect their heart, mind and emotions to produce transformative outcomes—with more flow and less stress. As the nation’s leading research and training organization in stress reduction and performance enhancement with […]

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The cost of healthcare for seniors with dementia $184,500 greater than for someone without dementia!

As the trend to use technological innovations to help seniors live longer and more fulfilling lives continues to grow around the world (generally referred to as the Aging 2.0 movement), the focus at GTX Corp is to develop innovative, cost friendly, wearable technology, such as the patented GPS SmartSoles, that can keep help lower healthcare costs while keeping people connected and protected for about a dollar a day.  #connectedandprotected A comprehensive study was recently published in the Journal of the American Geriatrics Society, on the cost of caring for seniors with dementia. They created a mathematical model—utilizing Federal Medicare records to simulate disease progression for newly diagnosed individuals with dementia. The  model estimates health care costs, including the value of informal care, for a person with dementia over a lifetime to be $184,500 greater than for someone without dementia, with 86 percent of costs incurred by family members. Basically the cost to care for […]

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GTX Corp Second Quarter 2017 Results

LOS ANGELES, CA – August 17, 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 second quarter ending June 30, 2017. Second Quarter and Six Month Highlights Product revenues increased by 28% over 2016 comparable period International subscribers increased by 37% over 2016 comparable period Combined total revenues increased 8% over 2016 comparable 6 month period Net service income increased 97% over 2016 comparable period Gross margins increased 23% over 2016 comparable 6 month period Net loss decreased 21% over 2016 comparable 6 month period Overall product revenues were up 28%, however total revenues and product revenues were lower than expected this quarter due to a technical issue with the Company’s first production run of version 1.5 SmartSole. GTX Corp was able to resolve the issue; however not until after the quarter ended, hence 300 […]

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GTX Corp’s GPS SmartSole on Top 13 Smart Shoe List

As footwear is continuing to gain traction in the wearable tech industry, GTX Corp remains a pioneer in the space as the first wearable footwear technology company.   LOS ANGELES, CALIFORNIA – August 16, 2017 – GTX Corp (OTCQB: GTXO), an IoT platform and provider of personal location GPS wearable technology and wandering assistive technology, is pleased to announce it has been recognized as one of the “Top 13 Smart Shoes That Combine the Best of Technology and Fashion” for its patented GPS SmartSole® by Techflier, a premiere resource for tech startup, computing innovation and technology news. As footwear continues to gain traction in the wearable technology industry, GTX Corp is widely recognized as a pioneer in the space as the first wearable footwear technology company, marking over 15 years of keeping users connected to who and what matters with a suite of GPS tracking location-based solutions such as the Company’s […]

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