Tuesday, November 19, 2013

GTX Announces Third Quarter Results



Financing and New Product Launch Positions Company for Subscriber Base Growth with a Broad Range of “Smart” Applications

Los Angeles, CA – November 19, 2013 –  GTX Corp (OTCQB: GTXO), a pioneer in wearable technology and embedded GPS monitoring and real time tracking solutions, released the following letter to its shareholders related to third quarter results and a look ahead with new product introductions, new channel partners and increasing subscriber base strategy. 

Highlights from this letter are:
·         Secured sufficient financing from institutional investor through mid 2014
·         Development of sales channel strategies for core product deployment
·         Completed strategic agreements with Atlantic Footcare and Tracker.com
·         Increased our IP portfolio

Dear Shareholders,

In the third quarter, we focused our efforts on securing the capital needed to execute on our plan, and positioning our business for high volume deployments. With our funding now secured through mid next year, our primary focus going forward is on executing our pipeline of business development.  We are constantly striving to increase ways to grow our subscriber base, whether they are deployed in insoles, shoes, backpacks, containers, smart phones or the like.  We generate monthly recurring revenues from our line of SMART (Satellite Monitoring and Real-time Tracking) hardware and software, which is where the long term value of our business resides.  Our current results as disclosed in our September 30, 2013 filing do not detail out our base deployed devices; however, we do plan to release these metrics in 2014 as our business continues to grow.

Historically we have relied upon channel partners for sales and marketing of products that embed our technology.  In the third quarter, upon securing new funding, we made the strategic decision to include and add direct to consumer (B2C) sales for certain products and markets. We expect to formally launch some of these products in the first quarter of 2014.  To prepare for this launch, we have commenced development of a B2C ecommerce platform and certain marketing initiatives, including building a direct response strategy that we believe will have a significant effect on growing our brand and subscription base in 2014.  In addition to our existing channels, we are also pursuing the children’s footwear market, certain cleantech programs, and new international markets such as Switzerland, Austria and Germany.

In our LOCiMOBILE subsidiary, we have also begun a new sales initiative with our TrackMyWorkForce app. We have seen an increase in our user base primarily from the pharmaceutical industry and expect this niche market to contribute to the growth of our subscription base in 2014, especially as we expand our marketing efforts and automate our ecommerce engine.

Our team remains deeply committed to the long term value of GTX Corp, our progress on corporate and strategic fronts and the ability to deliver game changing and potential life saving solutions. Thank you for your continued support and we look forward to 2014.

Patrick Bertagna, CEO, GTX Corp.



About GTX Corp (GTXO)
GTX Corp. is a pioneer in wearable technology and a leader in enterprise 2 way GPS real-time personal location based services. Known for its game-changing and award-winning patented GPS Smart Shoe, its block buster Smartphone GPS Tracking App, and GPS SmartSole, GTX offers a robust enterprise GPS and cellular location platform that provides real-time tracking of the whereabouts of people, pets, vehicles and high valued assets.

GTX provides solutions that answer the “where is” question through a licensing business model and providing a complete end to end solution of hardware, software, apps, connectivity and professional services. Letting you know where or how 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 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/gtxcorpcom - www.twitter.com/gtxcorp

Investor Relations ir@gtxcorp.com


GTX Corp does not warrant or represent that the unauthorized use of materials drawn form the content of this document will not infringe rights of third parties who are not owned or affiliated by GTX Corp. Further GTX Corp cannot be held responsible or liable for the unauthorized use of this document’s content by third parties unknown to the company.
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Monday, October 21, 2013

Tuesday, August 20, 2013

Brewer Sports International and GTX Corp Announce Collaborative Marketing Efforts Surrounding Development and Launch of the Next Big Step in New Wearable Technology - GPS SmartSoles™



Strategic partnership includes integration into the professional sports sector and enables business development, marketing, sales and endorsement of GTX Corp’s innovative product line

Minneapolis and Los Angeles, August 20, 2013 – GTX Corp (OTCBB: GTXO), a leader in customizable, patented 2-way GPS solutions, and Brewer Sports International (BSI), a multi-faceted global sports management firm, have joined together to further expand the reach of the #NextBigStep in wearable technology: GPS embedded insoles - SmartSoles™ (#SmartSoles, #GPSInsole).

As one of the world’s fastest growing multi-faceted global sports advisory firms with a focus on the business of sports and wellness, BSI will utilize its extensive network to facilitate outreach efforts with synergetic companies and partnering organizations as well as secure product endorsements and enhance awareness and global exposure for GTX Corp’s innovative product line of wearable GPS technology.

In particular, BSI will help secure partnerships and establish relationships with alumni athletes and affiliates, targeting those suffering from Traumatic Brain Injury (TBI) and/or Alzheimer’s disease, professional sports leagues, associations, agencies and unions as well as with various public and private corporations and international organizations focusing on health and wellness.

“There are so many people, not just athletes that can benefit from this groundbreaking technology,” said Jack Brewer, Founder and CEO of Brewer Sports International and NFL Alumnus. “As a parent, I want the comfort of being able to track my young child's location at all times. I believe families all around the world will benefit from the security and peace of mind that comes from being able to locate your loved ones."

With over a year in development, GTX Corp had been researching ways to further miniaturize its GPS module in order to penetrate new markets and expand current ones. “Compared to our existing module, this next gen is approximately 30% smaller, thinner and lighter, 20% less expensive and has 200% more battery life. It is equipped with a motion sensor and advanced A-GPS technology for pin point accuracy,” states GTX Corp CEO Patrick Bertagna. “We are very excited to have Brewer Sports partner with us along with being an integral part of our go to market campaign to promote the SmartSoles™ in the sports market and to the general public.”

BSI has proven experience with athlete endorsements and promotion in the sports industry and is actively working to increase awareness and gather a handful of interested athlete spokespeople to support the launch of the SmartSoles™ campaign. GTX Corp and BSI plan to officially launch the Next Big Step marketing campaign surrounding Super Bowl XLVIII this February in New York City.  

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 Canada, Mexico, Australia, Ireland and Nepal and customers in 162 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 or how 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 and Code Amber Alertag. The Company has an aggressive intellectual property strategy and owns an extensive portfolio of patents, patents pending, registered trademarks, copy rights and URL's.

Public Relations Contact: Suzy Ginsburg, suzy@gcomworks.com, (713) 721.4774
Investor Relations: ir@gtxcorp.com

About Brewer Sports International (BSI)
Brewer Sports International (BSI) is a multi-faceted global sports management firm within The Brewer Group Companies with a focus on sports lending, event management and consulting for professional athletes, sports agencies, public and private corporations and various partners including international organizations, governments and NGOs. Based in Minneapolis, with offices in New York, Miami, Dallas and Beijing, BSI was founded by Jack Brewer, a five-year National Football League (NFL) veteran and former team captain on three NFL teams. The Company also is a founding member of the Coalition for Concussion Treatment (#C4CT), a movement seeking to raise awareness of new treatments in development for concussions and nervous-system disorders. BSI takes pride in enabling its clients to capitalize on the endless opportunities presented through sport. For more information, visit www.brewersports.com; www.facebook.com/brewersportsinternational;  www.twitter.com/brewersports (@brewersports).

Brewer Sports International Media Contact:
Danielle Berman
Director of Public Relations and Interactive Marketing
(443) 841-4667

Monday, August 12, 2013

GPS SmartSoles: The Next Big Step…



Wearable Technology
GPS SmartSoles: The Next Big Step…
In Keeping You Connected to Who Matters Most


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9 Million People live under some form of oversight due to various forms of memory impairment 

GPS SmartSoles are the perfect solution for this increasingly growing problem     

 Passive to the wearer

      No on/off switches

      Locate on demand
      Easy for the caregiver
  Set boundaries and receive an alert on your mobile phone if wearer wanders off

Created for:
      Seniors suffering from Alzheimer’s/Dementia
      Children
      Athletes and Veterans with Traumatic Brain Injury
      And just about anyone who requires some kind of remote oversight       

GTX Corp and Atlantic Footcare have partnered to launch a line of GPS enabled insoles





Wednesday, August 7, 2013

GTX Corp Signs Exclusive Manufacturing Agreement with Atlantic Footcare to Develop and Launch the Next Big Step in New Wearable Technology - GPS SmartSoles™



Los Angeles, August 7, 2013 – GTX Corp (OTCBB: GTXO), a leader in customizable, patented 2-way GPS solutions and Atlantic Footcare (AF), recently signed a manufacturing and distribution agreement to develop and launch GPS embedded insoles. Atlantic Footcare, headquartered in Rhode Island has been a leading designer and manufacturer of insoles for over twenty years and supplies many of the major athletic and shoe companies, national retail chains and the U.S military with high quality and comfort insoles. Under the agreement Atlantic Footcare will be making an investment of $200,000 to advance the development of the new GPS SmartSoles.

“This relationship and investment with GTX is a great opportunity to couple technology with an insole, enabling us to produce a truly innovative and cost effective solution to meet today’s growing personal tracking needs. We are very excited at the opportunity to be at the forefront of wearable GPS tracking technology,” said Charlie Sipes Atlantic Footcare President.

With over a year in development, GTX Corp had been researching ways to further miniaturize its GPS module in order to penetrate new markets and expand current ones. “Compared to our existing module, this next gen is approximately 30% smaller, thinner and lighter, 20% less expensive and has 200% more battery life. It is equipped with a motion sensor and advanced A-GPS technology for pin point accuracy and rapid time to first fix (TTFF)” states GTX Corp CEO Patrick Bertagna. “The opportunity to partner with Atlantic Footcare opened up and with this latest next generation device, embedding the module inside an insole was a natural next step.”

AF already has ongoing experience in embedding electronics inside insoles through other partnerships and alliances and has already completed the first prototypes of the GPS SmartSoles™ currently undergoing testing. The Company plans to announce by the end of the month some of the partners that will be involved with marketing and distribution.

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 Canada, Mexico, Australia, Ireland and Nepal and customers in 162 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 or how 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 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

Public Relations contact Suzy Ginsburg (713) 721.4774 suzy@gcomworks.com
Investor Relations ir@gtxcorp.com

About Atlantic FootcareAF based in Oakland, Rhode Island, has been a leader in insole manufacturing since 1998. Known internationally for its innovative products under the Prothotics and Prosole brands, the Company and its Asian affiliates have supplied millions of insoles to major athletic and shoe companies where its record for quality, price and service is at world class standard. With over seventy people employed all contributing to the proud Made in U.S.A. label, Atlantic also supplies the professional medical market with Medicare (PDAC) reimbursable insoles for comfort and diabetic care; along with being a primary supplier of insoles for US military footwear.


GTX Corp does not warrant or represent that the unauthorized use of materials drawn form the content of this document will not infringe rights of third parties who are not owned or affiliated by GTX Corp. Further GTX Corp cannot be held responsible or liable for the unauthorized use of this document’s content by third parties unknown to the company.
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Wednesday, July 17, 2013

GTX Corp Enters the Children’s Market with New Strategic Partner AttachaPack ™



Los Angeles, Calif. – July 17, 2013 – GTX Corp (OTCBB: GTXO), a leader in two-way GPS Personal Location Services (PLS) solutions signed an agreement with AttachaPack LLC,  to acquire the exclusive licensing rights of GTX Corp’s enterprise GPS Tracking platform and miniaturized two-way GPS with SOS and emergency voice capabilities to be embedded in backpacks.

Founded in California by a career police officer, AttachaPackTM offers a range of innovative backpacks that feature interchangeable pockets in hundreds of patterns so kids can easily customize and create their own backpack. Providing peace of mind for the parents, the backpacks also feature advanced safety options like a built-in GPS tracker with text- and voice-enabled SOS, a bullet-proof shield, and a solar panel that charges mobile devices.

“We are excited to partner with GTX Corp and equip our backpacks with the latest in miniaturized GPS technology,” said AttachaPack Founder and CEO Christina Thomas. “We were searching for a like-minded partner and found the GTX products and platform to be the perfect fit.”

AttachaPack has placed its initial order of GPS SOS- and voice- enabled micro devices and is soft launching this week with a limited product line available via Amazon. The official hard launch, with a full product line, is slated for mid August in time for back-to-school.

“As we continue to expand our presence in the two-way GPS arena we are thrilled to enter the children’s market with AttachPack,” said Patrick Bertagna GTX Corp CEO. “The novelty of interchangeable pockets so that kids can customize their backpacks combined with the safety features that parents want is brilliant. Christina’s 25 plus years experience in law enforcement and the fact she is a mom herself adds a great perspective.”

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 Canada, Mexico, Australia, Ireland and Nepal and customers in 162 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 or how 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 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
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 AttachaPack™, - The mission of AttachaPack is to offer a range of innovative backpacks that can be personalized in a way that excites kids and gives parents peace of mind.  Christina Thomas created AttachaPack to fulfill her dream of bringing a quality product with limitless functions and possibilities to life.  A career police officer with a boundless entrepreneurial spirit and relevant expertise, she saw an opportunity to help kids have fun expressing themselves via utilitarian items they wear, carry and hold every day – their backpacks. To build your backpack and learn more, visit www.AttachaPack.com. 
Find us on Facebook, Instagram and Twitter.

GTX Corp does not warrant or represent that the unauthorized use of materials drawn from the content of this document will not infringe rights of third parties who are not owned or affiliated by GTX Corp or its subsidiaries. Further GTX Corp cannot be held responsible or liable for the unauthorized use of this document’s content by third parties unknown to the company.

Wednesday, July 10, 2013

LOCiMOBILE Launches New Mobile Website Design and Development Service for Businesses that want to Capitalize on the Growing Number of Mobile Customers

Los Angeles, California—July 10, 2013--- LOCiMOBILE a GTX Corp (GTXO) wholly owned subsidiary which develops Smartphone Apps and solutions, launched a new mobile website platform enabling millions of businesses to quickly and inexpensively deploy a locally optimized mobile website. As more Americans browse the web on their phones or mobile devices businesses need to quickly accommodate their customers and provide them with an easy to navigate, optimized for mobile browsing experience. Our new mobile Web Site service allows any company to move into a mobile web environment with an optimized website whether they currently have a web site or not. New sites can be up and running for as little as $99 within just a few days. All sites are custom coded and designed. 

“With over 634 million websites and 27 million businesses in the U.S of which less than 6% have an existing mobile optimized website, the market potential for a product and service like this is significant,” states Patrick Bertagna GTX Corp CEO. 

The Company bundles this new offering along with a suite of hosted solutions which provides businesses an affordable mobile and proximity marketing platform.  The mobile optimized websites come with a list of features that most businesses want and need, such as social media links, Google Analytics, QR codes and search engine optimization for localized mobile web searches and of course turn by turn directions to navigate consumers to the merchants.  

58% of Smartphone users search for local businesses or services every week.
And two-thirds of Smartphone users say a mobile-friendly site makes them more likely to buy a company's product or service. "
Mobile is creating massive opportunity," says Jason Spero, head of Google's global mobile sales and strategy. 

Leveraging LOCiMOBILE’s consumer success with over 1.5 million users across 162 countries and recent launch of Track My Work Force, this new service is part of a corporate initiative to develop a line of products and services geared towards the business community that have large market potential and will augment the Company’s recurring revenue models.

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 Canada, Mexico, Australia, Ireland and Nepal and customers in 162 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. GTX Corp also owns and operates LOCiMOBILE, Inc which develops applications for smart phones and tablets 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
Product and licensing e mail - info@gtxcorp.com 
 Mobile web sites - bharper@gtxcorp.com (866) 569 2191

GTX Corp does not warrant or represent that the unauthorized use of materials drawn from the content of this document will not infringe rights of third parties who are not owned or affiliated by GTX Corp or its subsidiaries. Further GTX Corp cannot be held responsible or liable for the unauthorized use of this document’s content by third parties unknown to the company.