News Item

GPS SmartSoles Expand Government Supported Distribution in Europe

LOS ANGELES CALIFORNIA, October 10, 2019 GTX Corp (OTCQB: GTXO) (“the Company”), a pioneer in the field of wearable GPS, people and asset tracking Location-Based Services (LBS) and Real-Time Location Systems (RTLS), today announced U.K. distributor Possum, has begun supplying the GPS SmartSoles to various local and national government authorities, housing associations and National Health Services (NHS) departments, along with expanding distribution into private sector entities.

 

As GTX continues to expand its distribution across the U.K. The GPS SmartSole is now being used on patients in over 45 local health authorities including Scottish Borders, Warrington, Rotherham and the London Borough of Newham; major national Care Homes like Gracewell Healthcare and Sunrise Senior Living as well as numerous resellers of medical supplies and National Equipment Providers to the National Health Service (NHS) like Millbrook Healthcare.

“We are excited to see the distribution and interest of the GPS SmartSole grow across many of the major distribution channels serving the senior care and health industry in the UK” said Phil Iles Possum UK Sales Manager. “We are working on a number of big projects and expect the distribution and sale of these valuable, wearable tracking products to continue to expand and grow.”

As the Western World continues to face an unprecedented crisis related to Alzheimer’s every person diagnosed that is not bedbound is at risk of wandering and becoming lost. Wandering is one of the most common, complex, burdensome and costly behaviours of the disease and is a safety issue with far reaching implications for the person with the disease, their caregiver, law enforcement and financial providers such as Medicare, Medicaid, Department of Health and Human Services (HHS) the National Health Services (NHS) etc. For law enforcement agencies tasked with finding a missing person before they suffer a serious injury or death, that cost to the taxpayers can run around $1,500 per hour with most low tech search and rescue operations lasting 9 hours on average.

 

CDW Corp. a provider of technology to businesses, government and health-care organizations, including senior-care facilities has identified five key areas where technology is changing the senior-care market, including wearable devices, the Internet of Things, telemedicine, voice activation and data security.

 

GTX and its distribution partners, which specialize in wearable tech, IoT and telemedicine solutions are starting to see more GPS SmartSole and overall wearable tracking technology interest coming from law enforcement and other government agencies, which realize that wearable technology is probably the best way to control search costs and offset some of the search efforts to family, friends and neighbours or simply reduce the search time from hours to minutes.

 

Due to the rise in interest for practical and affordable tracking and monitoring solutions, GTX is also currently engaged in distribution conversations with a telemedicine industry specialist working with various police departments in the UK, and other industry distributors in Spain and France. “Our patented wearable tracking technology has caught the attention and interest of well-established telecare health industry companies and government agencies in Europe, Australia, Latin America and even Sri Lanka,” said Andrew Duncan, Director, GTX Corp. “We are also seeing an uptick in inquiries and tenders from Police departments and government agencies in the U.S.

Across Europe, GTX distributors in the U.K., Sweden, Germany and Denmark are reporting noticeable progress with local and federal agencies and municipalities, and expect to see continued increases in SmartSole sales and subscription activations throughout 2019.

 

GTX Corp is a For-Profit with Purpose Company which has an extensive patent portfolio, is a proud U.S. military contractor and has multiple wearable tracking products sold through its online store, Amazon and authorized resellers and distributors servicing customers across the globe.

 

 

Consumer Purchase of GPS SmartSoles

 

About GTX Corp

GTX Corp (GTXO) is a pioneer in smart, mobile and wearable GPS tracking and recovery location based products, supported through a proprietary IoT enterprise monitoring platform. GTX offers a global end-to-end solution of hardware, software and connectivity. GTX Corp develops 2 way GPS tracking technologies which seamlessly integrate with consumer products and enterprise applications. GTX Corp utilizes the latest in miniaturized, low power consumption GPS, Cellular, RF and BLE technology enabling subscribers to track in real time the whereabouts of people or high value assets through a complete end to end – customizable transceiver module, wireless connectivity gateway, smart phone Apps, middleware, and IoT portal. Headquartered in Los Angeles, California, GTX is known for its award-winning patented GPS SmartSole® – Think Dr. Scholl’s meets LoJack, the world’s first invisible wearable technology tracking device created for those at risk of wandering due to Alzheimer’s, dementia, autism and traumatic brain injury. GTX Corp’s business model is built around technology innovation and holds over 85 patents with many issued patents in the area of GPS tracking. The company has international distributors servicing customers in over 35 countries and is a US Military Government contractor. Other customers include public health authorities and municipalities, emergency and police authorities, private companies, public and private senior care homes, and consumers.

 

GTX Corp is an equal opportunity employer with a history of employing a diverse workforce and US veterans; makes many of its products in the USA, is a member of the United Nations Global Compact and Trust 2 Protect partnership. The Company doesn’t just make and sell the best GPS tracking products, they deliver innovative, miniaturized, low power consumption wearable tech that provides safety, security and peace of mind at the touch of a button. GTX puts the “Where” in Wearable Tech.

 

Online: www.gtxcorp.com                        Track My Workforce | GTX Corp                        www.gpssmartsole.com

 

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General information, investor relations, wholesale licensing, consumer purchase:

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GTX Corp United Kingdom

In the UK, GTX Corp operates from its London office. For more information, please contact:

Nelson Skip Riddle

Email: nsriddle@gtxcorp.com

Tel: +44 7785 364100

Disclaimer: 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. 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.

 

Forward Looking Statements

This news release contains forward-looking statements. The terms and phrases “expects,” “would,” “will,” “believes,” and similar terms and phrases are intended to identify these forward-looking statements. Forward-looking statements are based on estimates and assumptions made by GTX in light of its experience and its perception of current conditions and expected future developments, as well as other factors that GTX believes are appropriate in the circumstances. Many factors could cause GTX’s actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements. Certain risk factors that may cause actual results to differ are set forth in GTX’s Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (which may be obtained on the SEC Website). These factors should be considered carefully, and readers should not place undue reliance on GTX’s forward-looking statements. GTX has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.