Safe Tracks
GPS Solutions, Inc. signs Distribution Agreement with GTX Corp and Aetrex
Worldwide
Los Angeles, January 16, 2013 – GTX
Corp (OTCBB: GTXO),
a leader in customizable, patented 2-way GPS solutions, has announced today that its award
winning, patented GPS tracking “Smart Shoe” will be commercially available in Canada
this month. The Shoes, known as the “Aetrex Navistar ™ GPS Shoes,” currently made under license by Aetrex Worldwide, Inc. (“Aetrex”), a global manufacturer and leader in comfort
footwear, will be distributed by Safe Tracks GPS
Solutions, Inc. (“Safe Tracks”),
a GPS electronic monitoring and
safety solution provider throughout Canada.
The Aetrex
Navistar™ GPS Shoes, powered
by GTX Corp, go on sale in Canada
this month through Safe Track’s e-commerce Website, www.safetracksgps.ca.
Further, Canada’s largest GSM cell phone provider, with over 9.2 million users servicing 95% of Canada’s
population, will be the Canadian wireless provider for the GPS Shoes.
“We have been following the development of the
GPS Smart Shoes and GTX since their U.S.
launch last year. Combining the Smart Shoe with our easy-to-use, web-based
software solution, will give end users an experience previously unavailable in
the Canadian Marketplace. Safe Tracks is proud to offer this new solution to
Canadians, especially for the Alzheimer’s and Dementia demographics,” stated
Bob Aloisio Director of Business Development at Safe Tracks.
According to the Alzheimer’s Society in
Toronto, an estimated 500,000 Canadians have Alzheimer's disease or a related
dementia condition, and within a generation, that number will more than double,
ranging between 1 and 1.3 million people. The impact of Alzheimer's and related
dementias involves the sufferer’s entire family, and thus affects far more than
the half million people who have been actually diagnosed with the disease. Alzheimer’s
disease is the second most feared disease for Canadians as they age.
The patented GTX Corp technology in the
Aetrex Navistar ™ GPS Shoes enable wearers to be monitored remotely, there by
helping to ensure their safety, providing peace of mind to their caregivers,
and reducing the cost of more frequent human oversight. The GPS Shoes are
embedded with a miniaturized proprietary module, which contains the locator’s integrated
GPS / Cellular chipset and the SIM card that is unique to each wearer.
The GPS Shoes will communicate via
Roger’s Canada cellular network, and send location coordinates via a wireless data
connection, similar to sending SMS messages on a cell phone. If the wearer of the GPS Shoes wanders
outside of a pre-set location determined by the caregiver, an SMS or e -mail message will
alert the caregiver instantly.
The GPS Shoes have been heralded by healthcare and technology authorities around
the world, and are featured in the “100 Most
Important Inventions of Mankind” exhibit in the National Museum of Science and Technology in Sweden.
“The
GPS Shoes are a simple solution to a growing problem. Other devices are either
too complicated or tend to be rejected by the Alzheimer’s and Dementia
sufferers, but the Aetrex Navistar GPS Shoes have proven to be a more friendly
and reliable means of keeping track of those who wander. As a result,
Alzheimer’s sufferers who wear the Shoes are receiving better care and enjoying
a more flexible lifestyle, while the cost of supervision they require is
reduced,” stated Andrew Duncan, GTX Corp’s head of
International licensing.
About GTX Corp (GTXO) - The leader
in enterprise 2 way GPS real-time personal location services (PLS) was founded
in 2002 and is based in Los Angeles, California with distributors in Mexico, Australia,
Nepal, Ireland and Canada and customers in 161 countries. GTX Corp utilizes the
latest in miniaturized, low power consumption technology and offers a robust enterprise GPS and
cellular location platform to track in real time the whereabouts of people,
pets, vehicles and high valued assets. Answering the “where is” question
through a licensing business model and providing a complete end to end solution
of hardware, middleware, apps, connectivity and professional services. Letting
you know where someone or something is at the touch of a button, GTX Corp also
owns and operates LOCiMOBILE, Inc which
develops applications for smart phones and tablets, Code Amber News Service, and Code Amber Alertag. The Company has
an aggressive intellectual property strategy and owns an extensive portfolio of
patents, patents pending, registered trade marks, copy rights and URL's.
Online: www.gtxcorp.com -
www.facebook.com/gtxcorp - www.twitter.com/gtxcorp
Global Product and Licensing e mail -
info@gtxcorp.com
Public Relations contact Suzy
Ginsburg (713) 721.4774 suzy@gcomworks.com
Investor Relations ir@gtxcorp.com
About Aetrex Worldwide, Inc. - Aetrex Worldwide, Inc. is widely recognized as the global leader
in comfort and wellness footwear products. With fashion, function and quality
at the forefront, Aetrex designs and manufactures therapeutic, casual, dress,
sandal and athletic footwear for both men and women. Aetrex also developed
iStep, the world’s leading digital foot scanning technology, designed to
accurately measure feet and determine foot type and pressure points. It is also
renowned for its over-the-counter Lynco Orthotics, the world’s #1 foot orthotic
system. The New Jersey-based Corporation was recently named one of New Jersey’s Top
100 Privately Held Companies and one of NJBIZ’s Top 30 Manufacturing Companies.
It has remained privately owned by the Schwartz family for three generations.
For additional information, please visit www.aetrex.com.
