Subject: GTX Corp Signs Agreement with Hearing Armor and Launches New Wearable Tech Hearing Protection Product Under its Health & Safety Platform
LOS ANGELES, CALIFORNIA, February 19, 2020GTX Corp (OTC: GTXO) (GTX), a pioneer in the field of GPS wearable technology, people & asset tracking Location-Based Services (LBS) and Real-Time Location Systems (RTLS), today announced the launch of a new patented wearable technology noise reduction system designed to protect the wearer from loud background noises, without interfering or drowning out direct verbal communication. The patented noise reduction ear buds or NRBz are designed to reduce loud background noise by up to 40 dB’s without attenuating low direct noise such as someone speaking to you. Perfect for military, law enforcement, first responders, hunters, recreational firearms users, oil and gas workers, race car drivers, motorcycle riders and people with autism. Basically, anyone who is exposed or sensitive to loud noises but still needs to clearly communicate with people around them.
The hearing protection system, invented by Dr. Rick Rogers, was originally created to provide warfighters maximum hearing protection without compromising battlefield effectiveness or their ability to hear a command or warning. The unique patented technology created an entire new approach to low cost, unobtrusive and uncompromised hearing protection.
“We are excited to launch this new wearable tech product under our Health and Safety umbrella. Hearing loss from noise is the second most reported occupational illness for industrial workers. Close to 30 million people are exposed to dangerous noise in the workplace, costing billions in treatments and lost productivity, while the Veterans Association spends close to $1 billion a year in hearing loss disability payments. NRBz created by Hearing Armor, are a natural companion product to many of our safety and monitoring solutions we currently sell through our existing channels but will also open the doors into new market segments we are approaching,” commented Patrick Bertagna GTX Corp CEO.
Staying committed to patented wearable technology as a product category staple, the GTX Health and Safety platform however is expanding beyond footwear and the senior community, and with the launch of NRBz, GTX can not only say is “With You” but now is “With You from Head to Toe.”
Made of a translucent soft silicon for easy fit and inconspicuousness, NRBz have an MSRP of $29.95 and for the first 100 orders all customers purchasing from the GTX online store, will get 2 pairs for the price of 1 by using promo code 2NRBz. For wholesale pricing or international distribution inquiries please email us at info@gtxcorp.com
Most widely known for its patented GPS SmartSole and Smartphone GPS Tracking App, GTX also owns and licenses a large portfolio of patents in the GPS and wearable technology space, is a U.S. military contractor, has several consumer products available on its online store and Amazon and most recently soft launched its new NFC Veritap solution. To find out more how you can buy or become an authorized reseller contact info@gtxcorp.com business development.
About GTX Corp GTX Corp (OTC: GTXO) is a pioneer in smart, mobile and wearable GPS tracking and recovery location-based solutions, supported through a proprietary IoT enterprise monitoring platform and intellectual property portfolio. GTX offers a global end-to-end solution of hardware, software and connectivity and develops two-way GPS tracking technologies, which seamlessly integrate with consumer products and enterprise applications. GTX utilizes the latest in miniaturized, low power consumption GPS, Cellular, RF, NFC and BLE technology, enabling subscribers to track in real time the whereabouts of people or high value assets. GTX is known for its game-changing and award-winning patented GPS SmartSole® — think Dr. Scholl’s meets LoJack, the world’s first invisible wearable technology tracking device created for those at risk of wandering due to Alzheimer’s, dementia, autism and traumatic brain injury. GTX’s business model is built around technology innovation and holds over 85 patents, with many issued patents in the area of GPS tracking. The company has international distributors servicing customers in over 35 countries and is a U.S. Military Government contractor. Other customers include public health authorities and municipalities, emergency and law enforcement, private schools, assisted living facilities, NGOs, small business enterprises, senior care homes, and consumers.
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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 on the SEC Website). 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.