THE INNOVATIVE GPS SMARTSOLE™ FROM GTX: MISSION-CRITICAL HEALTHCARE POWERED BY ENO ONE

Published on July 07, 2022 Read original article here.  Problem People with Alzheimer’s, dementia, or autism lose the ability to recognize familiar places, start wandering, and get lost easily. Due to paranoia being a symptom of these illnesses, traditional tracking devices like tags and bracelets are often removed by the wearer. Solution The GPS SmartSole™ from GTX fits discreetly into the wearer’s shoe, allowing them to be tracked and monitored. It contains a 2-way GPS tracking device that uses cellular networks to send location and alerts if the wearer moves out of a certain area. Wandering: the numbers and the challenges Wandering is a serious problem for those suffering from Alzheimer’s and dementia, and also affects a lot of children with autism. There are estimated to be 55 million people worldwide living with Alzheimer’s and dementia, while an estimated 1 in 68 children are diagnosed with Autism. 60% of people with dementia […]

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GTX Corp to Present at the LD Micro Invitational

Presentation Tuesday, June 7th at 4:30 PM PT Westlake Village, CA, June 1, 2022 (GLOBE NEWSWIRE) — via NEW MEDIAWIRE – GTX Corp (OTC: GTXO), a pioneer in smart, mobile, and wearable GPS tracking and recovery location-based solutions, supported through a proprietary IoT enterprise monitoring platform and intellectual property portfolio, announced today that it will be presenting at the 12th annual Invitational on Tuesday, June 7th at 4:30 PM PT at the Four Seasons Westlake Village. Patrick Bertagna, Chief Executive Officer, will be giving the presentation. GTX Corp is a leading innovator in wearable GPS human and asset tracking solutions and through recent advances in technology, patents, and proprietary developments, GTX is well positioned to penetrate certain vertical market sectors such as (elderly care, remote patient monitoring (RPM) logistics, and high value asset management) of the sizable and growing Wearable Tech, and Track & Trace markets. “We are proud to be hosting […]

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GTX Corp Reports First Quarter 2022 Financial Results and Corporate Summary Update

LOS ANGELES CALIFORNIA, May 19, 2022,GTX Corp (OTC: GTXO) (“the Company”), a pioneer in the fields; of health & safety, wearable GPS human and asset tracking systems and personal protective medical equipment and supplies, today announced financial results for the First Quarter ended March 31, 2022 and provided the following corporate summary: Three Month Financial Highlights Overall Revenue decreased 27% over 2021 comparable period.  Gross Margin increased from 36% to 42% over 2021 comparable period. Wages and benefits and professional fees both decreased by 2% over 2021 comparable period. Reduced government loans by 31%. Other expense decreased by 129% as we lowered accrued interest, reduced our government debt by $68,000 and eliminated losses from the extinguishment of debt. Management commentary by Patrick Bertagna, GTX Corp CEO: As we started seeing an end to COVID on a grand scale and a return to normal operations and staffing, the Company began mapping […]

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GTX Launches 4G GPS SmartSole across Germany in Partnership with ProteGear.com

LOS ANGELES CALIFORNIA, April 27th 2022: GTX Corp (OTC: GTXO) (“the Company”), a pioneer in the field of location based wearable GPS human and asset tracking systems and ProteGear.com, a German IT/GPS tracking specialist company, announced their cooperation to launch the latest generation of the GPS SmartSole product based upon LTE Cat M1 technology.  “We are excited to work with ProteGear, parent company Global SafeTrack Systems GmbH, to bring the latest generation of the GPS SmartSole technology to Germany,” stated Andrew Duncan GTX Director. “As the largest senior health care market in Europe, with a population of close to 84 million, it is very important for us to have a strong presence there.” The German health system provides universal population coverage either through social health insurance (SHI), which covers almost 90% of the population, or VHI (Voluntary Health Insurance.) Health insurance coverage is mandatory for the entire population. Coverage is […]

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The “Longevity Revolution” Has Begun: This Early Pioneer In The Wearable Technology Industry Says It May Be On The Cusp Of Becoming An “Extraordinary Overnight Success.”

by Spotlight Growth April 26, 2022 11:50 AM  Read full article: https://www.benzinga.com/markets/penny-stocks/22/04/26818695/the-longevity-revolution-has-begun-this-early-pioneer-in-the-wearable-technology-industry-sa This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. The “Longevity Revolution”, as GTX Corp’s GTXO CEO Patrick Bertagna refers to it, is the convergence of technological advances in self-health monitoring, hyperawareness of how an individual’s health conditions affect their overall ability to survive viruses and diseases, and Artificial Intelligence (AI) to make sense of terabytes of data instantly resulting in people being able to extend their lives through collecting and monitoring vital medical stats regularly. According to Grand View Research, the global wearable medical device industry was valued at $21.3 billion in 2021. By 2030, the market research firm estimates the global industry will be worth around $196.6 billion. This represents an impressive compound annual growth rate (CAGR) of 28.1% between 2022 and 2030.  Due to the size of […]

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National Healthcare Agreement signed by GTX’s Swedish Distributor

National Healthcare Agreement signed by GTX’s Swedish distributor, Posifon AB, to Supply GPS SmartSoles to Health Authorities and Municipalities. LOS ANGELES CALIFORNIA, April 21,2022: GTX Corp (OTCQB: GTXO) (“the Company”), a pioneer in the field of location based wearable GPS human and asset tracking systems and Posifon AB, a Swedish IT/Telecom company focused on senior health care monitoring, today announced that a national agreement has been signed that gives all municipalities and healthcare providers across Sweden access to supply the GPS SmartSole tracking solution and monitoring services. Sweden has a population of more than 10 million people of which approximately 3% have some form of cognitive issues such as Alzheimer’s, dementia, or autism, and under the Health and Medical Services Act, Sweden’s health system provides universal coverage to all legal residents.  “This is a significant development and opportunity to expand the sales and distribution of the GPS SmartSole to over […]

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GTX Reports 2021 Financial Summary

April 15, 2022 15:40 ET | Source: GTX Corp LOS ANGELES CALIFORNIA, April 15, 2022 (GLOBE NEWSWIRE) — GTX Corp (OTC: GTXO) (“GTX” or the “Company”), a pioneer in the field of location based wearable GPS human and asset tracking systems and a supplier of Health and Safety personal protective medical equipment, today announced a summary for the year ended December 31, 2021. 2021 Financial Highlights: Cash on hand increased 44% over 2020 comparable period. Revenue decreased 44% over 2020 comparable period. Accounts Payable decreased 16% over 2020 comparable period. Inventory decreased 16% over 2020 comparable period. Customer base increased 53% over 2020 comparable period. Operating expenses increased 7% over 2020 comparable period. Debt decreased by 22% from previous 2020 comparable period. Management commentary: Patrick Bertagna, GTX Corp CEO. 2021 brought us Covid related opportunities and setbacks. Early in the year, we stated we could not accurately predict how long the Personal Protection Equipment (“PPE”) business […]

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SmartSoles Live in Japan!

SmartSoles Live in Japan! For the first time ever, GPS SmartSoles walked through the streets of Tokyo, Japan in local market testing. This success is significant as Japan is part of our top 24 strategic go-to-market ready nations, due in large part to the larger senior population there.

Brand Ambassador Ray Ciancaglini as keynote Speaker at Columbia University

Ray Ciancaglini SmartSole brand ambassador discusses the impact of Traumatic Brain Injury (TBI) as keynote Speaker at Columbia University.

GTX Issued Two Patents from USPTO 

LOS ANGELES, CALIFORNIA – March 23, 2021 – GTX Corp (OTC: GTXO) (“the Company”), a pioneer in the field of health & safety wearable GPS human and asset tracking systems and personal protective medical equipment, announced today it has been issued two new patents by the United States Patent and Trademark Office (USPTO).  U.S. patent number 11,272,761 is now the 4th patent to be issued in the GPS SmartSole family and U.S. patent 11,272,313 is now the 6th patent to be issued in the Comm Protocol family. The SmartSole patent 761 covers proprietary ways to protect and manufacture a GPS electronic module, including the inductive charging unit inside an orthotic insole. The patent has 20 claims, 2 of which are independent and an open continuation for further expansion, which has already been submitted to the USPTO. “This 4th SmartSole patent not only strengthens our competitive barriers to entry, as we […]

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