CEO's Message:
GTX Corp CEO Patrick Bertagna on the show Undiscovered Equity
The State of the Union for GPS is strong, even the President mentioned GPS in his speech last night.
January 26, 2011 - The novel and award winning idea of GPS Shoes to monitor the elderly with dementia is rapidly expanding into a whole lot more with the most promising outlook for 2 way GPS Tracking. We are launching new products in new vertical markets, adding customers and partners, expanding our brand recognition and increasing our market share.
The GTX Corp With You ® brand is recognized as a premiere provider and as the voice and the standard in the industry. GTX participated in speaking engagements at the USA People Tracking and Location conference and was recently honored at the Location & Beyond Summit with the Peoples Choice Award for the Most Innovative Connected Location Device. Several of the 17 LOCiMOBILE Apps were listed on iTunes top 25 list and made the Android top 15 apps of 2010. Clearly 2 way GPS tracking is garnering a significant increase in awareness and demand. GTX Corp is on center stage of this emerging 13 billion dollar industry and with momentum on our side, 2011 looks to be very promising.
The Company’s social media index and visibility hit a tipping point with millions of website views across multiple web properties, blogs, social media sites and constant traditional media exposure through national and international press which contributed to greater industry awareness, brand recognition and more opportunities. The Discovery Channel dedicated a full hour show to the Future Family: Life in the Digital Age, which featured the GPS Smart Shoe, a segment on the CBS Early show which talked about keeping children safe on Halloween using the LOCi GPS Tracking Apps, numerous articles mentioned GTX Corp’s technology including, USA Today, Forbes, Los Angeles Business Journal, The Star, Sat Magazine, Los Angles Times, World Market Media and in shinning lights in Time Square on the NASDAQ bill board announcing the Samsung agreement.
As the Company continues to transition into a commercial phase there is still a lot of work ahead in this young and emerging industry. Very much like the early dot com days the vision was right, some opportunities ended up being very lucrative but the timing took longer than expected. New industries take time to mature and rely on the development of an ecosystem. This past year as the awareness grew and the ecosystem took better shape, consumers and businesses began to better understand 2 way GPS and how to best utilize this technology. Looking ahead and by focusing on Customization, Localization and Optimization, GTX will continue to introduce new products to the market, with an emphasis on e-Health and apps for various mobile platforms and devices, from smartphones to tablets to TVs, while cementing new partners and channels of distribution both domestically and internationally.
Costs of Alzheimer's will touch 1% of Global GDP in 2010
Alzheimer's disease and other dementias are rising in alarming proportions consuming vast amounts of resources the world over, according to The World Alzheimer Report for 2010
The total estimated worldwide costs of dementia are $604B in 2010, with about 70% of the costs occurring in Western Europe and North America.
If dementia care were a country, it would be the world's 18th largest economy, ranking between Turkey and Indonesia. If this market were a company, it would be the world's largest by annual revenue exceeding Wal-Mart ($414B) and Exxon Mobil ($311B).
Dementia mainly affects older people, although there is a growing awareness of cases that start before the senior age of 65. After age 65, the likelihood of developing dementia roughly doubles every five years. There is an urgent need to develop cost-effective packages of medical and social care that meet the needs of people with dementia and their caregivers across the course of the illness. Only by investing now in research and cost-effective approaches to care can future societal costs be anticipated and managed.
Nana technology is one such breaking concept. The term Nana technology, recently mentioned in Forbes, was coined, defined, and categorized in 2004 by Andrew Carle, an internationally recognized expert on aging, senior housing, and assistive technologies. A word play on the scientific field of nanotechnology, Nana technology is loosely directed to imply technologies for someone's grandmother, or Nana. Carle was the first person to advance the use of this phrase with a formal definition, and one focused exclusively on microchip technologies, with the end result of naming a new and distinct subset of the technology services industry. Some systems use different types of sensors to help monitor the elderly. Other devices include sensors to call for help if someone falls. There are also simplified cell phones and high-tech medicine dispensers available, and devices such as GPS enabled Smart Shoes can also help locate Alzheimer's patients if they wander off. “The GPS Smart Shoe is currently the only sound end-to-end solution for this increasingly growing problem” states professor Andrew Carle- George Mason University.
Recently announcing that the GPS Smart Shoe was selected as a finalist in the Most Innovative Location Device category of the Locations & Beyond Summit and the People's Choice Awards.
GTX Corp (GTXO) has been working on e-health GPS Tracking solutions which could prove enormously beneficial to wandering dementia patients.
GTX a leader in embedded real-time miniaturized GPS Tracking personal location services (PLS) was founded in 2002 and is based in Los Angeles, California, known for its game changing patented miniaturized GPS tracking device in a shoe and block buster GPS based smart phone apps.
The rising need for GTX Corp's technology continues to be influenced by the increasing numbers of elderly and those that are memory impaired, and so the epic battle of technology and illness wages on.
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.
Download your favorite app (or try them all) by clicking the icon that matches your phone above.
Or visit our website and see how you can stay connected with friends and family
www.gpstrackingapps.com.
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,
Since launching LOCiMOBILE®, our GPS Tracking People-Finding Apps have been downloaded by over 1,100,000 people in 141 countries. Please click here to see the map. Our Apps have been featured on the Good Morning America show, ranked in the top 25 most downloaded and the number 2 top grossing app on Apples social networking category and top 15 best Android Apps in 2010. You can download our apps on Apple’s iPhone, iPad and iPod Touch, all Android phones and select Blackberry models with several more to follow this year.
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
