In a recent news release, GTX
Corp. (OTC: GTXO) announced its hiring of Maxim Group LLC, a leading
full-service investment banking, securities and wealth management firm, to
provide strategic advisory services for the company’s corporate initiatives in
2016. GTXO’s primary goals for the coming months include expanding its global
distribution network in Latin America and Asia, ramping up retail channel
partners in the U.S., enhancing insurance and subsidized reimbursements, making
additional inroads into the autistic community, expanding its IP portfolio,
launching innovative new tracking products, exploring cutting-edge robotic
technologies and further deploying all three of its current product categories
in an effort to grow its subscriber base.
“2015 was a transformative year,
we launched three products and added distributors and end users across the
globe,” Patrick Bertagna, chief executive officer of GTX Corp., stated in the
news release. “After extensive meetings with the Maxim team discussing corporate
initiatives for 2016, we felt the timing was right to retain the firm and
advance with the roadmap now in place.”
In recent months, GTXO has
leveraged the marketability of its flagship product, GPS SmartSole, to garner
considerable media and industry attention. In September, the company was
featured alongside tech giants Microsoft (NASDAQ: MSFT) and Samsung (OTC:
SSNLF) when it claimed second place in the Wearables, Health, Fitness and
Wellness category at the 2015 CTIA ‘Hot for the Holidays’ Super Mobility Awards
in Las Vegas, Nevada. Two months later, GTXO’s GPS SmartSole was featured in a
special report by AARP focusing on gadgets that can make life easier for
caregivers.
Currently, more than 100 million
people require oversight due to various forms of memory impairment resulting
from Alzheimer’s, dementia, autism and traumatic brain injury. GTXO’s GPS
SmartSole is specially designed to improve the lives of these individuals by
offering discreet, convenient tracking services that give caregivers additional
peace of mind. According to the 2013 World Alzheimer’s Report, approximately 60
percent of individuals living with Alzheimer’s will become lost at least once,
and 70 percent of those people will become lost three or more times. In these
cases, the GPS SmartSole can be a literal lifesaver.
With a growing presence in the
burgeoning wearables market (which is set to hit $4.5 billion by 2020), GTXO is
in a favorable position to promote sustainable growth in 2016. Look for the
company to build on its strong performance and promote maximized shareholder
value in the months to come by leveraging its marketable IP portfolio and the
considerable financial expertise presented by its newly-announced partnership
with Maxim Group.
For more information, visit 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 find, evaluate, and learn more
about investing in these companies.
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
No comments:
Post a Comment