GTX Corp is a leader in customizable, 2-way GPS solutions. The company utilizes the latest in miniaturized, low-power consumption technology and offers a robust 2-way GPS and cellular location platforms that allow subscribers to track in real-time people, pets, etc.
The company today announced results for the third quarter of its 2011 fiscal year. It reported a 250% increase in revenue over the same quarter last year while expenses fell by 23% over the same period. The revenue increase was largely thanks to the initial shipment associated with a 4-year contract to supply Aetrex Worldwide Inc. with GTX’s custom miniaturized 2-way solution for the multi-patent award winning GPS shoe.
The GPS shoes will send subscribers a text message if the wearer of the shoes wanders out of an area set by the subscriber. Then the customer is directed to a website which shows the exact location of the wearer. These shoes are proving invaluable with helping keep track of people with dementia.
GTX also recently partnered with Lifespires to release the latest version of the Code Amber Alertag. This secure digital identification service allows emergency personnel and doctors to gain quick and easy access to important medical information about a person in the event of an emergency. This will accelerate the treatment and care of those in need and potentially save many lives.
For more information about GTX Corp and its products and services, please visit the company’s website at www.gtxcorp.com
About QualityStocks:
QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.
Sign up for “The QualityStocks Daily Newsletter” at www.QualityStocks.net
The Quality Stocks Daily Blog http://blog.qualitystocks.net
The Quality Stocks Daily Videos http://videocharts.qualitystocks.net
The Quality Stocks “Ones to Watch” http://Gotstocks.QualityStocks.net
Please see disclaimer on the QualityStocks website: http://disclaimer.qualitystocks.net
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment