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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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GTX Corp Signs Collaboration Agreement with Veristride

Partnership Will Explore Gait Variability and Fall Risk Detection in Community-Living Older Adults LOS ANGELES, CA – August 10, 2017 – GTX Corp (OTC Pink: GTXO), an IoT platform in the personal location wearable and wandering assistive technology business announced today signing a collaboration agreement with Veristride, Inc., a company that specializes in wearable solutions to analyze gait movement at the source, using custom sensors at the foot and biomechanical analytics to provide feedback on how people walk, run and move. Gait technology is significant in fall risk detection and prevention, medication reaction, undetected stroke and early prediction of dementia. Being able to accurately monitor changes in gait/stride or activity levels specifically for seniors can have a major impact on their morbidity and mortality. Despite extensive preventive efforts, falling continues to be a major problem for seniors both at home and in community living facilities. Being able to accurately predict falls, strokes or […]

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SmartSole Case Study Outcomes Report

The United Kingdom’s NHS in London Borough of Newham shares their summary and outcomes for an internal trial of GPS SmartSole on a young adult with Autism. Case Study – Mr. M. Miller Miller is a 19 year old male who is living with a learning disability and who also lives at home with his family, Miller is the youngest of 4 children. The Concern: Miller is living with a learning disability and likes to go out in the community. If his family are unable to take him out Miller will find away to abscond from the family home. This is a cause for concern for his family as Miller puts himself at risk as he has minimal road awareness. Miller is prone to destroying objects including his mobile phone. When Miller absconds he tends to travel far particularly when he has his oyster. At present when Miller absconds his family […]

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GTX Corp Receives a 4 Star Rating from Leading Industry Magazine

The U.K.’s favorite disability lifestyle publication, Able Magazine, has awarded GTX’s U.K. distributor, Possum, a 4 star rating for the patented wander recovery GPS SmartSole® LOS ANGELES, CALIFORNIA – August 2, 2017 – GTX Corp (OTCBB: GTXO), an IoT platform in the personal location wearable and wandering assistive technology business, and its U.K. distributor, Possum, have been awarded with a 4 star product rating for the patented GPS SmartSole® by the U.K.’s favorite disability lifestyle publication, Able Magazine,  making it the Company’s third internationally recognized award received in just the past month. Able Magazine reviews the best products in the marketplace in order to give disabled people a bench mark to look for as they purchase new disability specific equipment and assistive technology. Products are rigorously tested in four areas and given an overall score based on how they were judged regarding the following criteria: how well the product is made and how […]

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GTX CORP WINS BEST U.S. WEARABLE TECHNOLOGY COMPANY AND MOST INNOVATIVE TRACKING & RECOVERY TECHNOLOGY IN THE 2017 TMT AWARDS

LOS ANGELES, CALIFORNIA – July 11, 2017 – GTX Corp (OTCBB: GTXO), an IoT platform in the personal location wearable and wandering assistive technology business, is pleased to announce its recognition as the winner of Technology Media Telcoms (TMT) News Magazine’s “Best Wearable Technology Company – USA” and “Most Innovative Tracking & Recovery Technology” for the Company’s wearable yet invisible, monitoring and wandering recovery GPS SmartSole® as part of the 2017 Telecoms Awards.   With more corporate globalization on the horizon, telecoms are quickly becoming vital to the operation of every business, therefore, the 2017 TMT Awards acknowledge and reward those who have initiated innovation in the IoT industry and support businesses throughout the global landscape.   “We are honored to have received these two awards and believe it truly speaks to our team’s vision, passion and commitment to making the best GPS Tracking solutions, along with the value proposition […]

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GTX Corp Ships First Order of 200 Take-Along 3G GPS Trackers to Our UK Partners

Busy Hump Day at GTX CORP’s Shipping Center in Los Angeles – June 28, 2017 GTX Corp’s Take-Along 3G is a portable GPS, SOS and voice-enabled tracking device, optimized for today’s demanding requirements where location-based safety, security and connectivity are paramount. Two-way Voice Capable for 1 Button S.O.S. Calling (available with +Voice Service Plans) Built in 3-Axis Accelerometer for Motion Sensing Ultra-Low-Power Sleep Mode to Conserve Battery Voltage Monitoring and Low Battery Notifications Waterproof Enclosure Rated IP67 Charging Cradle for Simple Recharging Fore complete information on the Take-Along Tracker and to order yours today, Click Here.   About GTX Corp GTX Corp (GTXO) is a pioneer in Smart, Mobile and Wearable GPS, cellular and BLE tracking and recovery location based services. Through its proprietary enterprise monitoring platform and licensing, subscription recurring revenue business model, GTX Corp offers a complete end-to-end solution of hardware, software and connectivity, backed by an extensive portfolio of […]

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GTX Corp Exhibits GPS SmartSole® and Unveils New BLE SoleGuard™ in the U.K. at the Health + Care Event

LOS ANGELES, CA – June 22, 2017 – GTX Corp (OTCQB: GTXO), an IoT platform and global provider of tracking and monitoring wearable wandering assistive technology, today announced that the Company will be exhibiting its innovative product line including its flagship GPS SmartSole®, Take-Along Tracker 3G and unveiling its new BLE SoleGuard™ at Europe’s largest integrated health and social care event, taking place at the ExCel exhibition center in London on June 28th- 29th. The Health + Care event provides an opportunity for GTX and its U.K. distributor, Possum, to showcase its suite of wearable monitoring devices for seniors to the National Health Service (NHS), local government, care homes and the voluntary sector. More than 10,000 senior health and social care professionals are expected to come together and collaborate around implementing and integrating new technology into the healthcare sector. Possum will have various SmartSole branded banners and promotional materials showcasing […]

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GTX Corp Expands Distribution in Hong Kong and Chile and Files New Patent

LOS ANGELES, CALIFORNIA – June 14, 2017 – GTX Corp (OTCBB: GTXO), an IoT platform in the personal location wearable and wandering assistive technology business, announces expanding distribution into Hong Kong and Chile, as well as the filing of a new patent for its wearable yet invisible, monitoring and wandering recovery GPS SmartSole®. “We are excited to be the first company to launch the GPS SmartSole in Chile and expect that this highly innovative, discrete product will bring relief to the many caregivers across Chile who struggle to look after loved ones afflicted with debilitating diseases such as Alzheimer’s and Dementia,” said Manuel Vargas, one of the founders of Centro de Día Damos Vida. Founded in 2010, Centro de Día Damos Vida is the first adult day care center established in Chile specializing in people living with dementia disorders such as Alzheimer’s, vascular dementia and Lewy body dementia, providing a professional, […]

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GPS SmartSole® Used in Wandering Prediction Trial

George Mason University’s College of Health and Human Services Completes Phase One of Wandering Prediction Research Los Angeles, Calif. – May 23, 2017– GTX Corp (OTCBB: GTXO), an IoT platform in the personal location wearable and wandering assistive technology business, announced today that George Mason University’s College of Health and Human Services has successfully completed phase one of the wandering prediction trial which began in fall of 2016. In collaboration with investigators from the Milken Institute School of Public Health at George Washington University, who have expertise in the economics of patient-centered mobile health technologies and predictive analytics, the University utilized the patented GPS SmartSole, GTX’s location based technology and data in order to study wandering habits in elderly people with Alzheimer’s and dementia. The data scientists applied using advanced machine learning methods to calculate total time spent at different locations and thus were able to identify frequently visited locations […]

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