Media Contacts:
Suzy Ginsburg
Global Communication Works for GTX
713.721.4774
Christie Jackson
Edelman for MNX
323.202.1039
Los Angeles, November 27, 2012 – GTX Corp (OTCBB: GTXO), a leader in
customizable, patented two-way GPS solutions, today announced the approval of a
custom designed GPS tracking device for use on AirNet and Cargolux.
The custom configured
device will be made available as an add-on service exclusively to customers of MNX, a premium global
provider of expedited transportation and logistics services, to provide a new
level of visibility and control for high value and mission critical shipments.
“We have been working diligently with AirNet and Cargolux to gain the
necessary approvals to bring this one-of-a-kind offering to market. We are very
pleased to see this day finally come to fruition,” said Patrick Bertagna, GTX
Corp Chairman and CEO. “Over the next few weeks we will work closely with the
MNX team to formulate a domestic and international deployment strategy to
introduce this offering to MNX customers around the world.”
Designed for customers that ship high value, time or temperature
sensitive materials, the technology is particularly well-suited for customers
in the life sciences industry. The GPS solution will bring extra security to
the most sensitive shipments, including the transportation of items such as
organs, blood, tissue, medications, clinical trial samples and medical devices.
“The GTX Corp tracking platform gives us the ability to better identify
and resolve any unforeseen challenges throughout the entire transport and gives
our customers added
confidence and peace of mind that their shipment is secure at every step,” said
Scott Cannon, MNX CEO. “By providing our clients with real-time tracking of
their shipments, MNX will offer an unmatched layer of service, security,
temperature integrity and reliability.”
The GPS device transmits the latitude and longitude, speed, bearing,
altitude and temperature of the plane or vehicle carrying the shipment. The
device and GTX platform also provide an easy-to-use customer interface with
live shipment tracking and geo-fencing capabilities, allowing customers to know
exactly when their mission critical shipments depart and arrive in key
destinations. The GTX device is small and light weight (comparable to the size
of a standard garage door opener), making it easy to insert in even the
smallest packages.
“We realize the capability to track valuable shipments with such detail
is especially important to the life sciences industry, especially as this
industry continues to expand so rapidly,” said Bertagna.
AirNet, a leading domestic specialty cargo airline specializing
in life sciences transportation, and Cargolux, one of the leading scheduled all-cargo
airlines, were among the first airlines to conduct a thorough testing process
to certify the GTX device, while MNX and GTX continue collaborating to expand
the use of the offering to other partner airlines.
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, U.K. and Nepal and customers in
160 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, 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 trademarks, copy rights and URL's.
Product and licensing: info@gtxcorp.com
Investor Relations: ir@gtxcorp.com
About MNX, Inc.
MNX is a leading
global provider of specialized, expedited transportation and logistics
services. Clients include multinational leaders in biopharmaceutical, life
sciences, medical device, aviation and entertainment industries. These
organizations rely on MNX’s exceptional record of transporting critical items
around the world.
Headquartered in Los Angeles, MNX maintains regional headquarters in Singapore and London,
enabling global, customized services. MNX serves over 190 countries, including
key Asia Pacific and EMEA markets. Services include dedicated hand-carry;
next-flight-out and 24/7 express courier, express airfreight, fulfillment
operations and 4PL services management. www.mnx.com
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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
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company.
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