Award winning shoes with gps technology inside

Press & News

Wed. Aug. 22, 2012
2 New Smartphone Apps Available From GTX Corp: Track Your GPS Shoes and Track My Work Force

Tue. May. 8, 2012
GPS Technology Enhances Quality of Life for Autism due to wandering and safety issues

Wed. Jan. 18, 2012
GTX Corp Delivers 1,500 'GAME CHANGING INTERNET-CONNECTED DEVICES' to AETREX Worldwide as Caregivers Across the U.S. Begin to MONITOR Their Loved Ones Wearing Innovative GPS SHOES

Wed. Nov. 30, 2011
GTX CORP RECEIVES NEW ORDER FOR 1,500 GPS DEVICES FROM AETREX WORLDWIDE AS GPS SHOES BECOME AVAILABLE ONLINE TO CONSUMERS

Wed. Nov. 9, 2011
GTX Corp Reports 250% Increase in Revenue for Third Quarter 2011 with the GPS Shoe Launch, Increased App Users and the Lifespire Code Amber Alertag

Sun. Nov. 6, 2011
GPS Shoe - Top News Story

Tue. Nov. 1, 2011
These shoes weren't made for wandering

Sun. Oct. 30, 2011
Bay Area Expert Weighs In On GPS Shoes For Alzheimer's Patients

Tue. Oct. 25, 2011
GTX Corp Ships First 3,000 GPS Shoe Devices to Footwear Partner Aetrex Worldwide, Inc.

Wed. Oct. 19, 2011
GTX Corp Expands Partner Alliance in Preparation for GPS Shoe Launch

Wed. Sep. 21, 2011
GTX Corp announces October availability of its GPS Tracking Shoe

Mon. Sep. 19, 2011
Interview with Patrick Bertagna, CEO, GTX Corp

Thu. Apr. 28, 2011
GTX Corp GPS Smart Shoe Expands into Australia and New Zealand with Tracking Central Pty Ltd.

Wed. Apr. 6, 2011
GTX Corp Introduces GPS Smart Shoes to China Revenues up 68%

Wed. Feb. 9, 2011
GTX's New Patent...Smart Shoe Has Heart In Its Sole (GPS)

Tue. Oct. 12, 2010
GPS Smart Shoe Wins 2010 Peoples Choice Award

Tue. Oct. 5, 2010
Costs of Alzheimer's will touch 1% of Global GDP in 2010

Tue. Sep. 21, 2010
GPS Smart Shoe Nominated for Most Innovative Location Device

Sat. May. 29, 2010
Keeping track of seniors with Alzheimer's

Wed. Mar. 24, 2010
GTX Corp and Aetrex Worldwide, Inc. Sign Licensing Agreement to Deliver Patented GPS Shoes Worldwide

Wed. Mar. 24, 2010
GTX Corp. Inks Global Licensing Deal with Aetrex Worldwide

Fri. Mar. 19, 2010
GPS Shoes Help Care for Alzheimer's Victims

Wed. Mar. 17, 2010
GPS-powered trail running shoes may be on the horizon

Sun. Feb. 28, 2010
GTX CorpĀ® awarded broad U.S. Patents for its innovative and potentially life saving GPS Shoe technology.

Sat. Feb. 20, 2010
GPS Shoes Featured in SGI

Wed. Jan. 27, 2010
GTX Corp and its subsidiaries unveil State of the Union and 2010 Roadmap

Fri. Jan. 15, 2010
Haiti: an inconceivable catastrophe has exposed the narrow crack in the Earth's social crust between despair and hope.

Mon. Dec. 28, 2009
New GPS Tracking App by LOCiMOBILE hits over 15,000 Downloads and makes iTunes Top 25 List in first 2 weeks!

Tue. Dec. 15, 2009
Code Amber Alertag launches worldwide secure digital ID tag and service providing emergency access to essential personal information for children, elderly, field workers and pets

Mon. Nov. 30, 2009
GTX Corp signs licensing agreement for Code Amber, a wholly owned subsidiary, to launch new patent pending digital ID tag and service

Tue. Sep. 29, 2009
GTX Corp awarded broad U.S. patent for its innovative life changing GPS enabled Shoes

Tue. Sep. 1, 2009
Shoe with GPS implant helps track loved ones with dementia

Tue. Aug. 11, 2009
GPS-Equipped Shoes Keep Track of Wanderers

GTX Corp and Aetrex Worldwide, Inc. Sign Licensing Agreement to Deliver Patented GPS Shoes Worldwide

Aetrex, a company committed to foot health for three generations and GTX Corp's patented GPS shoe technology are making it possible for caregivers of Alzheimer's victims to keep one step ahead of the millions of those afflicted that may wander.

Los Angeles, Calif. – March 24, 2010 – GTX Corp (OTCBB: GTXO), a leader in customizable, embedded 2-way GPS Personal Location Services (PLS) solutions, moves one step closer to bringing personal GPS tracking solutions to the 5.3 million seniors afflicted with dementia by signing a four year, potential multi-million dollar license agreement with Aetrex Worldwide, Inc.
 
Currently scheduled for retail sale this summer, the Aetrex Ambulator® GPS Shoe will provide millions of caregivers the means to help easily find those afflicted with Alzheimer’s that wander and become lost. The GPS Shoe will be available through the Aetrex owned website www.foot.com, which hosts approximately 300,000 visitors per month and was named by Yahoo! as the best health care site “below the knee,” along with the www.gpsshoe.com website, and a select group of assisted living facilities. GTX Corp’s eight patents for the GPS Shoe cover a GPS transceiver module that is placed within the footwear and transmission of location coordinates to a central monitoring station which disseminates the location data through the use of proprietary software, cellular connectivity, the GTX Corp middleware platform and the secure viewing portal.
 
“We believe a miniaturized GPS tracking device embedded inside a therapeutic shoe is the ideal solution for the millions afflicted with this terrible disease, and we are very pleased, after many years of R & D, to partner up with a company like Aetrex which has devoted 64 years to making foot health products,” states Patrick Bertagna Chairman and CEO of GTX Corp.
 
 “Aetrex’s mission has always been to develop footwear and foot care products that combine unrivaled technology with innovative designs,” said Evan Schwartz, President of Aetrex Worldwide Inc.  “This partnership is a terrific opportunity for Aetrex to use our expertise to extend the brand beyond the comfort category and help a segment of our population that is in need.”
 
The impact of Alzheimer’s: Currently impacting 5.3 million victims, with predictions of 14 million US victims by the year 2050; Alzheimer's disease is fast becoming "one of the biggest public health dilemmas ever encountered," according to the National Institute on Aging's deputy director, Gene Cohen. One in eight persons aged 65 and older have the Alzheimer’s disease. Every 70 seconds there is a new victim of Alzheimer’s, the 6th leading cause of death for seniors. Nearly 10 million caregivers, mostly family members, spend $148 billion a year for the care of their loved ones. The simplicity behind the GPS Shoe is that when a senior with Alzheimer’s wanders off more than a pre-set distance, their caregiver will immediately receive a geo-fence alert on their smartphone and computer, with a direct link to a Google map plotting the wanderer’s location. 
 
Andrew Carle, a nationally recognized expert in 'Nana' technology for seniors and a professor at George Mason University said; “up to 60% of individuals with Alzheimer's will wander and become lost at least once during the progression of the disease, and up to 70% of those who become lost will do so more than once. The GPS Shoe is both life saving and a resource saving technology that will be instrumental in our ability as a nation to address the issues of wandering.”
 
“If Aetrex purchases the minimum number of units necessary to maintain its exclusive license, this agreement will generate multiple millions of dollars in gross revenues. In addition, upon the sale of the shoes, the Company will receive significant monthly subscription fees from the end-users,” said Murray Williams, the CFO of GTX Corp.
 
About GTX Corp
GTX Corp (GTXO.OB) a leader in embedded 2-way GPS real-time personal location services (PLS) was founded in 2002 and is based in Los Angeles, California. The Company has evolved from its early beginnings of putting micro GPS devices in a shoe and continues to pave the way with innovative geo specific and proximity alerting applications that help you know where someone or something is at the touch of a button. Committed to being the "better people finder," GTX Corp owns and operates LOCiMOBILE, Inc. which develops GPS Tracking applications for smart phones, Code Amber News Service and Code Amber Alertag. The Company has a comprehensive intellectual property strategy and owns an extensive portfolio of patents, patents pending, registered trademarks, copyrights and website properties. GTX Corp is well positioned to capture the PLS Market through its diverse product platform, licensing model, brand recognition and strategic partners.
 
About Aetrex Worldwide, Inc.
Aetrex Worldwide is recognized as a world leader in athletic, wellness and comfort footwear and orthotics as well as foot care technology including the innovative iStep® foot scanning technology. It is the industry leader in pedorthic footwear, the leading manufacturer of mid-priced orthotics and the No. 1 provider of foot scanning and measuring technology for retailers and the medical community. The New Jersey-based $60-million dollar corporation was founded in 1946 and has remained privately owned by the Schwartz family for three generations. For additional information, please visit www.aetrex.com.
 


 
For more information regarding GTX Corp, please contact:
Ross Silver
Investor Relations
(213) 489.3019 ext 646
[email protected]

 
Joel Margulies
Public Relations
(310) 433 0299
[email protected]
 
For more information on Aetrex Worldwide, Inc., please contact:
 
Karen Pineman
Public Relations
(212) 725-4500
[email protected]


 
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 or any other party referenced in this document cannot be held responsible or liable for the unauthorized use of this document’s content by third parties unknown to the company.

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