Before the opening bell, GTX Corp. (OTC: GTXO) announced
plans to showcase its flagship GPS SmartSole® at CeBIT in Hanover, Germany, on
March 14-18. CeBIT, which is held each year on the Hanover fairground, is the
largest and most internationally represented computer expo in the world. The
conference is commonly used as a barometer to weigh current trends in the
information technology space. GPS SmartSole will be showcased on the Telefónica
(NYSE: TEF) M2M Alliance stand, which will be used to present the latest
developments around the theme of connectivity, particularly in the areas of
machine to machine and the Internet of Things.
Eric Gnass, chief executive officer of way4net, the German
distributor for GPS SmartSole, will be on hand to offer additional insight to
those interested in GTXO’s innovative personal tracking solution.
“Telefónica has been instrumental in helping us explore
business opportunities across Germany, Spain, and other countries in Europe and
Latin America,” Andrew Duncan, head of international business development for
GTX Corp., stated in this morning’s news release. “We were extremely pleased to
hear that Telefónica is showcasing our GPS SmartSoles and to have our German
distribution partner way4net participate.”
GTX Corp.’s flagship product has been making waves in recent
months with its stigma-free, safe and secure approach to monitoring and
tracking. GPS SmartSole was recently showcased in Munich at the Telefónica 2015
Innovation Conference Digital Innovation Day, as well as being featured in
AARP’s 2015 technology gear guide and being named alongside tech giants
Microsoft (NASDAQ: MSFT) and Samsung (OTC: SSNLF) in the wearables, health,
fitness and wellness category at CTIA’s 2015 Hot for the Holidays Awards. GPS
SmartSole has proven to be exceptionally useful as a precautionary tool for
individuals suffering from Alzheimer’s disease, dementia, autism, traumatic
brain injury and other memory disorders that result in a tendency to wander.
Moving forward, GTX Corp. appears primed to build on its
current position in the multi-billion dollar location-based monitoring
industry. Earlier this month, the company was granted an additional U.S. patent
that its management team hailed as “a significant addition to the existing
family of communication protocol patents and to GTX Corp.’s overall patent
portfolio.” Look for GTX Corp. to benefit from its strong IP position and marketable
tracking solutions as it continues to expand channels of distribution and
strengthen strategic alliances in the months to come.
For more information, visit www.gtxcorp.com
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