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The “Longevity Revolution” Has Begun: This Early Pioneer In The Wearable Technology Industry Says It May Be On The Cusp Of Becoming An “Extraordinary Overnight Success.”

by Spotlight Growth April 26, 2022 11:50 AM  Read full article: https://www.benzinga.com/markets/penny-stocks/22/04/26818695/the-longevity-revolution-has-begun-this-early-pioneer-in-the-wearable-technology-industry-sa This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. The “Longevity Revolution”, as GTX Corp’s GTXO CEO Patrick Bertagna refers to it, is the convergence of technological advances in self-health monitoring, hyperawareness of how an individual’s health conditions affect their overall ability to survive viruses and diseases, and Artificial Intelligence (AI) to make sense of terabytes of data instantly resulting in people being able to extend their lives through collecting and monitoring vital medical stats regularly. According to Grand View Research, the global wearable medical device industry was valued at $21.3 billion in 2021. By 2030, the market research firm estimates the global industry will be worth around $196.6 billion. This represents an impressive compound annual growth rate (CAGR) of 28.1% between 2022 and 2030.  Due to the size of […]

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National Healthcare Agreement signed by GTX’s Swedish Distributor

National Healthcare Agreement signed by GTX’s Swedish distributor, Posifon AB, to Supply GPS SmartSoles to Health Authorities and Municipalities. LOS ANGELES CALIFORNIA, April 21,2022: GTX Corp (OTCQB: GTXO) (“the Company”), a pioneer in the field of location based wearable GPS human and asset tracking systems and Posifon AB, a Swedish IT/Telecom company focused on senior health care monitoring, today announced that a national agreement has been signed that gives all municipalities and healthcare providers across Sweden access to supply the GPS SmartSole tracking solution and monitoring services. Sweden has a population of more than 10 million people of which approximately 3% have some form of cognitive issues such as Alzheimer’s, dementia, or autism, and under the Health and Medical Services Act, Sweden’s health system provides universal coverage to all legal residents.  “This is a significant development and opportunity to expand the sales and distribution of the GPS SmartSole to over […]

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GTX Reports 2021 Financial Summary

April 15, 2022 15:40 ET | Source: GTX Corp LOS ANGELES CALIFORNIA, April 15, 2022 (GLOBE NEWSWIRE) — GTX Corp (OTC: GTXO) (“GTX” or the “Company”), a pioneer in the field of location based wearable GPS human and asset tracking systems and a supplier of Health and Safety personal protective medical equipment, today announced a summary for the year ended December 31, 2021. 2021 Financial Highlights: Cash on hand increased 44% over 2020 comparable period. Revenue decreased 44% over 2020 comparable period. Accounts Payable decreased 16% over 2020 comparable period. Inventory decreased 16% over 2020 comparable period. Customer base increased 53% over 2020 comparable period. Operating expenses increased 7% over 2020 comparable period. Debt decreased by 22% from previous 2020 comparable period. Management commentary: Patrick Bertagna, GTX Corp CEO. 2021 brought us Covid related opportunities and setbacks. Early in the year, we stated we could not accurately predict how long the Personal Protection Equipment (“PPE”) business […]

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SmartSoles Live in Japan!

SmartSoles Live in Japan! For the first time ever, GPS SmartSoles walked through the streets of Tokyo, Japan in local market testing. This success is significant as Japan is part of our top 24 strategic go-to-market ready nations, due in large part to the larger senior population there.

GTX Issued Two Patents from USPTO 

LOS ANGELES, CALIFORNIA – March 23, 2021 – GTX Corp (OTC: GTXO) (“the Company”), a pioneer in the field of health & safety wearable GPS human and asset tracking systems and personal protective medical equipment, announced today it has been issued two new patents by the United States Patent and Trademark Office (USPTO).  U.S. patent number 11,272,761 is now the 4th patent to be issued in the GPS SmartSole family and U.S. patent 11,272,313 is now the 6th patent to be issued in the Comm Protocol family. The SmartSole patent 761 covers proprietary ways to protect and manufacture a GPS electronic module, including the inductive charging unit inside an orthotic insole. The patent has 20 claims, 2 of which are independent and an open continuation for further expansion, which has already been submitted to the USPTO. “This 4th SmartSole patent not only strengthens our competitive barriers to entry, as we […]

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New to the Street on the Fox Business Channel talks with GTX Corp CEO Patrick Bertagna

New to The Street TV brings back Mr. Patrick Bertagna, GTX Corp’s (OTCPINK: GTXO) CEO, who talks with TV Anchor Jane King about the Company’s core business, medical tracking, and monitoring. As a medical device provider and a leader in the innovation on health monitoring wearables, Patrick talks about the evolution and revolution at GTX to bring new medical devices to increase longevity – live longer, better, and healthier. The Company’s GPS SmartSole®, the core technology, focuses on people with cognitive disorders who can easily get lost and disorientated. The GPS tracker is hidden and sealed within a shoe which can locate those in need, giving family and care keepers a reliable product for safety concerns. The next generation of footwear products contains algorithms that monitor multiple human functionalities, sending and storing data on the GTXO’s cloud-based servers. End-users can feel assured that their data isn’t misused, typical of large […]

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Why are N95 masks better against omicron?

By Sandy Cohen • January 21, 2022 Full article: UCLA HEALTH Discussing the latest mask guidance for protection against COVID-19. Because omicron is so much more contagious than previous COVID-19 variants, health officials say we need more protective masks: surgical masks or KN95 and N95 respirators rather than the cloth face coverings worn earlier in the pandemic. But does the type of mask you choose really make that much of a difference? Yes, experts say, because of filtration. Surgical masks, and KN95 and N95 respirators, are made with several layers of filtering material, which makes them more effective at capturing infectious particles before they can be inhaled. “They have more layers of protection built into them,” Los Angeles County Public Health Director Barbara Ferrer, PhD, MPH. Fit is also important, experts say. N95 and KN95 masks sit snug on the face, without gaps that might let in viral particles. Surgical masks are […]

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CBS News: COVID home tests: Americans to be reimbursed starting Saturday

Kathryn Watson – 11 JAN 22 Americans with private insurance will be able to ask for reimbursement for rapid COVID-19 tests beginning Saturday — but any tests purchased before January 15 will not qualify.  The requirement from the Biden administration allows eight tests a month per person covered by the insurance  policy. For instance, a household of two people covered by one private health insurance plan would be able to request reimbursement for 16 tests every month.  The new requirement will cover any over-the-counter COVID-19 test given emergency use authorization by the U.S. Food and Drug Administration. That list includes the Abbott BinaxNOW at-home tests, iHealth COVID-19 Antigen Rapid Test, Siemens Healthineers’ rapid COVID-19 antigen self test, and the Flowflex COVID-19 antigen home tests, among dozens of others. (See here for the full list, which continues to expand.)  Americans with health insurance will not require a health care provider’s order and will […]

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