GTX Corp Reports Second Quarter 2015 Financial Results and Business Overview with Increased Revenues, Subscribers, Customers and Channel Partners
LOS ANGELES, CA – August 19, 2015 – GTX Corp. (OTCQB: GTXO), an IoT platform and leading provider of personal location GPS wearable technology and wandering assistive technology, announced the results of its financial performance for the second quarter ended June 30, 2015. Second Quarter Highlights Revenue increased 275% over 2014 comparable period Subscribers increased 72% quarter over quarter Subscriber revenues increased 136% quarter over quarter Opened a distribution center in Ireland servicing Europe demand Active units in the field and subscribers in over 20 countries Added 3 professional athletes as brand ambassadors Became a member of the United Nations Global Compact Began development of next generation SmartSole Raised $200,000 from fixed price convertible notes Launched new corporate website “Q2 2015 has been about building distribution and infrastructure for future growth,” commented Patrick Bertagna, CEO of GTX Corp. “As we continue our transition from an R&D company to an […]