GPS SmartSole Showcased with Telefonica at CeBIT 2016

LOS ANGELES, CALIFORNIA –March 14, 2015 – GTX Corp (OTCBB: GTXO), an IoT platform in the personal location wearable and wandering assistive technology business, will be showcasing its flagship GPS SmartSole at CeBIT in Hanover Germany March- 14-18 on the Telefonica M2M Alliance stand in Hall 13, Stand D082.

CeBIT is the largest and most internationally represented computer expo. The trade fair is held each year on the Hanover fairground, the world’s largest fairground, in Hanover, Germany. It is considered a barometer of current trends and a measure of the state of the art in information technology.

 

Telefónica will be presenting the latest developments around the theme of connectivity showcasing the GPS SmartSole® and other unique and flexible business solutions in the areas of Machine 2 Machine (M2M) and the Internet of Things (IoT).

In addition to the Telefonica staff, Eric Gnass, CEO of way4net, the German distributor for the GPS SmartSoles will be in attendance. Eric commented, “We are very excited to be working with GTX Corp and Telefonica to bring the GPS SmartSole to such an important show as CeBIT.’’

 

Andrew Duncan head of international business development for GTX Corp commented, “Telefonica has been instrumental in helping us explore business opportunities across Germany, Spain, and other countries in Europe and Latin America. We were extremely pleased to hear that Telefonica is showcasing our GPS SmartSoles and to have our German distribution partner way4net participate.”

GTX Corp’s flagship product, the GPS SmartSoles are a stigma free, safety and security unobtrusive monitoring and tracking solution for those who suffer from Alzheimer’s, dementia, autism, TBI and other memory disorders and have a tendency to wander. The patented GPS SmartSoles, which were recently showcased in Munich, at the Telefonica 2015 Innovation Conference Digital Innovation Day 2015, featured in AARP’s 2015 technology gear guide and came in 2nd place, with Microsoft finishing 1st and Samsung taking 3rd place, in the 2015 Wearables, Health, Fitness & Wellness category at CTIA’s Hot for the Holidays Awards competition, are placed in the wearer’s shoes and contain a GPS tracking chip connected through a cellular network that sends a signal to the GTX Corp proprietary IoT platform monitoring website or smart phone app, showing the exact location of the individual wearing them. They come in several trim to fit sizes for both men and women, are water resistant, made with the highest quality German electronic components and assembled in Rhode Island, U.S.A.

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