QualityStocksNewsBreaks – GTX Corp (GTXO) Reports GPS Tracking Device Distributor Secures Two Year Supply Contract with the Norwegian Government

GPS technology-focused holding company GTX Corp (OTC: GTXO) this morning announced that SafeCall, a Scandinavian distributor, was awarded a two-year contract to supply Oslo, Norway with wearable GPS devices and a 24/7 cloud service center to assist in remote monitoring and look after people with cognitive disabilities. The Norwegian Government identified two target groups to receive the fully subsidized solution, elderly people with dementia and cognitive impairment who still live independently, and children or adolescents with disabilities, especially who are the most “at risk” and therefore would benefit from using wearable GPS technology. Following the news of the contract, GTX launched its size small SmartSole which the Oslo municipality is now considering adding to the contract. “This is wonderful news coming out of Europe, between the vetting of our GPS SmartSoles by SINTEF to the actual contract being awarded, this places Norway as the first European country to realize the benefits and cost savings of implementing wearable GPS technology such as our SmartSoles and authorizing country wide financial support. We hope other countries such as the U.K. and Germany which are currently conducting GPS SmartSole pilots through the NHS or other government institutions will conclude the same,” Patrick Bertagna, CEO of GTX Corp, stated in the news release.

To view the full press release, visit http://ibn.fm/Gsub2

About GTX Corp

GTX Corp (GTXO) is a pioneer in smart, mobile and wearable GPS tracking and recovery location-based products, supported through a proprietary IoT enterprise monitoring platform. GTX offers a global end-to-end solution of hardware, software and connectivity. GTX Corp develops two-way GPS tracking technologies, which seamlessly integrate with consumer products and enterprise applications. GTX Corp utilizes the latest in miniaturized, low-power-consumption GPS, cellular, RF and BLE technology, enabling subscribers to track in real time the whereabouts of people or high-value assets through a complete –end-to-end, customizable transceiver module, wireless connectivity gateway, smart phone apps, middleware and IoT portal. Headquartered in Los Angeles, California, 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 Corp’s business model is built around technology innovation and the Company 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, NGOs, private companies, public and private senior care homes and consumers. For more information, visit the company’s website at www.GTXCorp.com

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