Subject: GPS SmartSoles™ Expand into Canada


GTX Corp News - August 8, 2014


Safe Tracks
GPS Canada, Inc. Places First Commercial Order

Los Angeles, September 3, 2014 – GTX Corp (OTCBB: GTXO), a pioneer and global provider of personal location wearable technologies, is pleased to announce the receipt of a volume purchase order for its flagship GPS and BLE SmartSole line of products from Canadian distributor Safe Tracks GPS Canada , Inc. (“Safe Tracks”), a GPS electronic monitoring and safety solution provider across Canada.

After four months of testing the patented GPS tracking “SmartSole” will become commercially available in Canada next month through Safe Track’s e-commerce Website, www.safetracksgps.ca and Canada’s largest GSM cell phone provider, with over 9.2 million users servicing 95% of Canada’s population, will be the Canadian wireless data provider.

“During our testing period, SafeTracks GPS Canada has received an abundance of inquiries in regards to the release of the GPS SmartSoles in Canada. In preparation for the launch we recently completed a series of television interviews which began airing last week, along with other media venues in the Greater Toronto Area. The feedback so far indicates the GPS SmartSoles will be the monitoring wearable technology to make a difference for many caregivers. Current pilot projects of the GPS SmartSoles have yielded spectacular results and we are looking forward to the official launch in October,” quotes Bob Aloisio, Vice President of SafeTracks GPS Canada.

According to the Alzheimer’s Society in Toronto, an estimated 500,000 Canadians have Alzheimer's disease or a related dementia condition, and within a generation, that number will more than double, ranging between 1 and 1.3 million people. The impact of Alzheimer's and related dementias involves the sufferer’s entire family, and thus affects far more than the half million people who have been actually diagnosed with the disease. Alzheimer’s disease is the second most feared disease for Canadians as they age.

The patented GTX Corp wearable technology enables wearers to be monitored remotely, there by helping to ensure their safety and freedom, providing peace of mind to their caregivers, and reducing the cost of more frequent human oversight due to wandering. The GPS SmartSoles are embedded with a miniaturized proprietary integrated GPS / Cellular chipset and SIM card that is unique to each wearer.  The GPS SmartSoles will communicate via Roger’s Canada cellular network, and send location coordinates via a wireless data connection, similar to sending SMS messages on a cell phone. If the wearer wanders outside of a pre-set location determined by the caregiver, an SMS or e -mail message will alert the caregiver instantly.

 “The GPS SmartSoles allow you to care when you can’t be there. Other devices are either too complicated or tend to be left behind or even rejected by the Alzheimer’s and Dementia sufferers, but the SmartSoles are more friendly and a more reliable means of keeping track of those who wander, because of the likely hood that they will be on the wanders feet when they elope. As a result, Alzheimer’s sufferers who simply wear their shoes are receiving better care and enjoying a more flexible lifestyle and quality of life, while caregivers keep the cost of supervision required, reduced to as little as a dollar a day,” stated Andrew Duncan, GTX Corp’s head of International Sales.”

About GTX Corp

GTX Corp (GTXO) is a pioneer in wearable technology and a leader in enterprise 2 way GPS real-time personal location based services. Founded in 2002, headquartered in Los Angeles, California and known for its game-changing and award-winning patented GPS Smart Shoe, its block buster Smartphone GPS Tracking App, and GPS SmartSole, GTX provides solutions that answer the “where is” question: where is my mother, child, pet, vehicle and high value assets.

Through a robust enterprise platform and licensing business model the Company offers a complete end to end solution of location based hardware, middleware, apps, connectivity and professional services. Letting you know where or how someone or something is at the touch of a button, delivering security and peace of mind in an instant. GTX Corp also owns and operates LOCiMOBILE, Inc which develops applications for smart phones and tablets and Code Amber Alertag. The Company has a comprehensive intellectual property strategy and owns an extensive portfolio of patents, patents pending, registered trademarks, copy rights and URL's.

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About Safe Tracks

SafeTracks GPS Canada was founded in 2009 with the mandate of increasing both public and personal safety and independence with the use of GPS and other Communications.  SafeTracks has quickly become a leader in Canada in Offender Electronic Monitoring and Personal GPS Safety Systems for applications from Dementia to Work Alone Personal Safety.  SafeTracks innovative thinking will ensure they are a leader of GPS based tracking devices as the industry evolves. Our current product line will allow us to penetrate this universal market quickly and efficiently. Our valued partners include the following high profile companies; Rogers Wireless, Northern 911 Emergency Monitoring Service and various software providers.  SafeTracks GPS has built a reputation at being at the forefront of cutting edge technologies.

Disclaimer: 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 cannot be held responsible or liable for the unauthorized use of this document’s content by third parties unknown to the company.

 

Forward Looking Statements

This news release contains forward-looking statements. The terms and phrases “expects”, “would”, “will”, “believes”, and similar terms and phrases are intended to identify these forward-looking statements. Forward-looking statements are based on estimates and assumptions made by GTX in light of its experience and its perception of current conditions and expected future developments, as well as other factors that GTX believes are appropriate in the circumstances. Many factors could cause

GTX’s actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements. Certain risk factors that may cause actual results to differ are set forth in GTX’s Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (which may be obtained at http://www.sec.gov). These factors should be considered carefully, and readers should not place undue reliance on GTX’s forward-looking statements. GTX has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

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