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GTX Corp (GTXOD) Expanding Sales into Retail Channels

  • Providing solutions to track loved ones prone to wandering and offer caregivers peace of mind
  • Wide range of wearable GPS tracking devices that are discreet for children and adults
  • Company recently announced the hiring of Doost, Inc. to open retail channels

Loved ones who suffer from memory problems, young children and pets can have a tendency to wander. Fear, confusion and anxiety can overwhelm the lost individual. The caregiver’s stress and concern over the potential of losing a loved one known to wander can become all consuming. GTX Corp (OTC: GTXOD) is creating solutions to track people, animals and even valuables, providing the caregiver with peace of mind that his or her loved one is safe. The wearable GPS technology was created for young children, those with autism or developmental disability, seniors suffering from Alzheimer’s or dementia, veterans and athletes with Traumatic Brain Injury (TBI), at-risk individuals and anyone who could potentially wander or become lost.

GTX Corp develops and produces a wide range of wearable GPS tracking devices. GPS SmartSole® (www.GPSSmartSole.com) is a GPS solution that hides inside a shoe, much like a shoe insert. This discreet insole is now available in size small for children, as well as adult sizes. Invisabelt® (www.GPSInvisabelt.com) is another discreet solution provided by GTX Corp. This tiny device is enclosed in a slim case and waistband and designed for children. GTX Corp’s devices use satellite and cellular technology to report location and require service plans, similar to a phone. All GPS solutions point to a mapping system, allowing for granular detail or broad visibility to meet specific needs. The company’s loT Personal Location Services (PLS) platform provides solutions ranging from smart, wearable GPS technology to two-way GPS tracking devices and a mobile phone tracking app.

GTX Corp recently announced the hiring of Doost, Inc., a boutique sales and business development agency that specializes in bridging the gap between big box retailers and technology companies. Doost will be able to provide GTX Corp with strategic opportunities to bring products to market.

Companies like Best Buy (NYSE: BBY) are taking notice of the $50 billion senior care market and are investing in products and services that enable adults to remotely monitor aging parents. “As the loT and wearable tech space continues to gain momentum and traction, we are very pleased Doost will help us open, navigate and ultimately place products within the large retail and corporate industries,” GTX Corp CEO Patrick Bertagna stated in a news release (http://ibn.fm/ShCzh). “At GTX Corp we continue to expand our line of tracking and monitoring solutions and Doost is the first of several new alliances we will be forming in order to expand sales both in the U.S. and across Europe.”

For more information, visit the company’s website at www.GTXCorp.com

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