GTX Corp., as a world leader in GPS Position Location Systems (PLS), is successfully leveraging its intellectual property portfolio and product line into the mobile wireless and personalized geo-location markets. The wireless market is expected to exceed 4 billion mobile handsets by 2011, representing a huge opportunity for customized PLS technology licensing. The goal is to give every mobile wireless device real time personal location capability.
In support of this exciting new move is the latest member of the growing GTX team of strategic advisors, Dr. Gilbert Amelio, of Alteon Capital Partners. Dr. Amelio will help guide the company as it continues to expand in the burgeoning PLS marketplace and the mobile wireless application of customizable location technologies. Dr. Amelio has over 35 years of experience in new technology introduction and direction, as CEO of Apple Computer, Group President of Rockwell International, and Chairman and President of National Semiconductor. He is an active member in the venture capital community.
Dr. Gilbert Amelio, GTX Strategic Advisor:
“As GTX Corp approaches the tipping point of readiness in consumer adoption, I am enthusiastic about being a part of this next wave of consumer PLS applications. Allowing users to customize and personalize geo-location information opens up a tremendous marketplace. This expanded capability should make 2-way GPS ubiquitous. GTX Corp’s ability to license a customizable platform will address the healthy and ramping demand for these applications. Now that the company has harnessed this unique technology, I welcome the opportunity to help steer GTX Corp during its passage from an early stage company to a corporation on the global stage.”
Patrick Bertagna, GTX CEO & President:
“2-way GPS in concurrence with the proliferation of four billion cell phones represents a seismic shift in the marketplace. Subscribers want to receive and interact spontaneously to life’s circumstances. As GTX continues to architect its platform we look forward to working with Dr. Gil Amelio who has continuously transformed the technologically complex into widely adopted user friendly formats.”
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