CEO's Message:
GTX Corp and its subsidiaries unveil State of the Union and 2010 Roadmap
Los Angeles, CA (January 27, 2010) — GTX Corp (OTC BB: GTXO), a leader in embedded GPS tracking real-time personal location services, unveils its State of the Union, market expansion strategy and 2010 roadmap for its family of global products and services. The Company operates through three wholly-owned subsidiaries in related sectors of the personal location-based market, specializing in tracking, monitoring and recovery of missing people, pets and high valued assets. Global Trek Xploration, LOCiMobile ® and Code Amber News Service each provide various interrelated and complimentary products and services offering technologies that seamlessly integrate with consumer life style products or enterprise applications. With the different targeted markets (business to business and business to consumer) brand names and media exposure, channels of distribution and overall reach and cross pollination through each of the complimentary product lines the Company expects 2010 to be a breakout year for overall shareholder value through new product introductions, revenue growth, partner activities and subscriber base increases.
LOCi Mobile Newest App - GPS Tracking is getting over 2,500 downloads a day and is now number 19 on the top 25 paid social networking Apps on iTunes. If you have an iTunes account you can download the App at
www.itunes.com/app/gtxcorp
And just in case you wanted to see for yourself - take a look at how many people around the world are using this new “must have” GPS people- finding App… to connect with friends and loved ones. http://www.locimobile.com/global/
Cheers and thank you everyone for making www.locimobile.com an international success.
To our valued friends, partners, customers and share holders,
We are pleased to report that as of launching the LOCiMOBILE ® GPS People-Finding Apps, we have been downloaded throughout the United States and over 85 countries across the globe. Please click here to see the map.
View Loci Apps in use Worldwide
We launched our first App –LOCiME version 1.3 on April 28th this year, we subsequently released version 1.5 several weeks later, than in July we launched iLOCi2 version 1.1 and we just submitted to Apple for review version 1.2 this week and anticipate that app becoming available to the public sometime end of August, early September.
What is so exciting is that in a few short months, our PLS solutions have leapfrogged across the globe and are picking up traction, demonstrating there are no geographical boundaries for our vision.
Over the next few months we plan to update all of you and we will be posting on our website an updated map listing the current countries we are in.
Thank you all for your continued support.
Cheers,
Team LOCi and GTX Corp
Enabling the new era of Personal Location Services
To our valued friends, partners, customers and share holders,
Today is a very exciting day for us, our vision and mission to empower people with lifestyle friendly applications that offer peace of mind through GPS tracking technology continues to expand. Adding to our existing App on iTunes LOCiME V1.5, now available is iLOCi2 and iLOCi2 lite. With a smart phone and a simple yet powerful App you can now locate people in seconds at the touch of a button-Ask the where question; LOCi® is the answer.
iLOCi2 and iLOCi2 lite version 1.0 were released by Apple this past weekend and already the phone calls, e-mails and reviews are coming in from parents, professionals, teens and tweens- “This App is Awesome!!!!” “A must have” “Great for parents, what a valuable tool” “Long overdue- simple, easy one touch of a button GPS people finding”
Please take a look at our website www.locimobile.com or go directly to www.itunes.com/app/iloci2 and read some of them.
You can also download either the free limited user version or purchase the regular version. And if you do not have an iPhone or an iPod touch yet, (only $99.00 may be time to get one) please share with us your interest to see iLOCi2 on a Black Berry.
We are interested in hearing what you have to say, so please use all the social networking tools that have been put in place to help us make better people finding solutions and help with spreading the word.
Visit our blog, reviews on the site, reviews on iTunes, Face Book with a direct link to FB Connect from our blog, Twitter and of course good old fashion word of mouth. Parents you are going to love this App…
Thanks to the countless hours and dedication the team put in to bring these Apps to market and the favorable pre launch reviews we received, we are already working on version 1.2 expected out next month, which will have several new features and will be offered in both French and Spanish for our international friends.
With Apple expected to launch in China soon, who knows we may see iLOCi2 in Mandarin or Cantonese- because when it comes to location and peace of mind there are no borders.
We are planning to launch Code Mobile shortly, be on the lookout and of course everything is moving along nicely with Aetrex on the GPS Shoe front www.gpsshoe.com We’ll send out another announcement after the World Shoe Show (WSA) in Las Vegas end of this month.
Thank you everyone for your support and remember iLOCi do you LOCi2
To our valued shareholders:
We at GTX Corp. (“GTX”) (OTCBB: GTXO), a pioneer in the two-way Personal Location Services (PLS) market and an industry leader in the emerging $8 Billion location based GPS market (Frost & Sullivan), would like to take this opportunity to apprise you of our recent developments.
Since our inception in 2002, we continue our ongoing efforts to create patented GPS/GPRS/GSM technologies and establish key relationships with licensed, branded partners to bring real-time tracking solutions to a host of consumer products. We are at the forefront of the next generation, round-trip GPS/GPRS/GSM platform. The company plans to embed its gpVector™ units in a host of lifestyle products and applications used to track children, the home-bound afflicted with Alzheimer's, outdoor adventurers, military personnel, police, fire, and public safety workers, and virtually any highly valued asset.
Our company continues to forge ahead with its intellectual property portfolio strategy. To date, one patent has issued (GPS Footwear-US Patent Number 6,788,200) and 13 are now pending approval, of which five have progressed sufficiently to consider possible issuance sometime later this year. In addition, we plan to file two new patent applications this quarter. While embedding GPS/GPRS/GSM in footwear is our first vertical market, we have also successfully integrated the gpVector™ module into other form factors. Additional deployments in progress include maritime applications, pet tracking, cellular handsets, and many others.
As an emerging technology company, we are particularly proud of having put in place a very well rounded and highly experienced management team, having the expertise to guide us through this period of growth and development. We recently welcomed Murray Williams, CFA, as our CFO. Mr. Williams was one of the founding members of the Buy.com management team, the second largest multi-category e-commerce company in the world. Just named CTO was Jb Bittner Eriksen, who brings over 30 years of experience in the development of consumer electronics to GTX Corp. During the past 15 years he has designed products for companies such as Kodak, Philips, Hewlett-Packard, Ricoh, and Sony. Ron Pellegrini is our Senior VP of Business Development. Prior to joining GTX he was integral in taking the Palo Alto Design Group from its infancy to becoming a company with over $100 million in annual revenues, having customers such as Dell, Compaq and Micron. PADG was then sold to Flextronics in 1999, becoming Flextronics Design.
The Company recently signed a five-year, multi-million dollar licensing agreement with My ATHLETE LLC (www.myathlete.biz), covering the competitive non motorized athletic category. For the first time, thousands of marathoners and tri-athletes and their spectators can track individual performances in real-time.
We are very proud to be participating with Team Hoyt starting at the Boston Marathon on April 21st and four other up coming events throughout the year. Dick Hoyt (67) has pushed his quadriplegic son, Ricky, in 65 marathons to date (including 25 in Boston) and six Ironman Triathlons, among hundreds of other events. This will be a media intensive event and we invite all to track their progress via GTX’s gpVector™ platform. The Hoyts personify selfless determination and we are honored to be a part of their quest.
GTX is also a sponsor of the Alzheimer’s Association Memory Walk on October 18th, 2008 in Washington D.C. This is the largest event in the nation supporting Alzheimer care with more than 200,000 taking part. The Memory Walk has raised more than $220 million since 1989. Every 72 seconds, someone is diagnosed with Alzheimer's disease and we believe our gpVector™ tracking solutions, which can be integrated into any wearable consumer product, will be a vital instrument in their care.
As we doggedly pursue new opportunities in this fast paced market space, we never lose sight of the fact that we represent thousands of shareholders who have heard our message and support our efforts by continuing to invest in GTX Corp. We thank you all for your participation and look forward to sharing more good news with you as it is developed.
Sincerely,
Patrick Bertagna
CEO, GTX Corp
