Wednesday, April 21, 2010

AMIDST NEWS OF ITS GPS TRACKING APP SUCCESS, GTX CORP ADDS ADVISOR - WALL STREET VETERAN JASON S LYONS

GPS TRACKING APP From LOCiMOBILE® Ranked Third Highest Grossing And Seventh Most Downloaded App In iTunes Social Networking Category


Los Angeles, Calif. – April 21, 2010 - GTX Corp (OTCBB: GTXO), a leader in 2-Way GPS personal location services, hits the number three spot on iTunes Top Grossing social networking category. The GPS Tracking App, developed by the wholly owned subsidiary; LOCiMOBILE ® which runs on the iPhone, iPad, Android and coming to Blackberry platforms, crossed over 300,000 downloads in eighty countries, recently ranking number seven in downloads and number 3 top grossing app in the social networking category – a category shared by Facebook, Bebo, Twitter, Aardvark and My Space which have been instrumental in redefining the landscape of social interaction and value creation in the financial markets.


Gartner forecasts, 2013 worldwide downloads in mobile application stores to surpass 21.6 billion and reports consumers will spend $6.2 billion in mobile application stores in 2010. Steve Kanaval, of World Market Media says: “This is a unique space with wind at its back and certainly the app’s market is a niche to watch.”


GTX Corp is gaining traction in the market place, with momentum in their Apps business and recent announcements with Gforce in Nepal and the patented GPS shoe with Aetrex Worldwide, the timing was right to bring on Wall Street veteran, Jason S. Lyons as a Senior Advisor. Mr. Lyons will be assisting GTX Corp navigate through Wall Street as the company continues its expansion. Over the last 20 years, Mr. Lyons has served as an executive with The Bear Stearns Companies, a Senior Vice President at Oppenheimer and Company and an Executive Director with the Canadian Imperial Bank of Commerce.


“In our interactions with Jason we found he has a remarkable rolodex and now we are in a position to utilize this invaluable resource,’’ said Patrick Bertagna, CEO of GTX Corp.


“I’m excited to be assisting this dynamic company. They are moving at a remarkable pace achieving greater results over better funded enterprises and their potential is considerable,” noted Lyons.


About GTX Corp with you ®

GTX Corp (GTXO.OB) a leader in embedded 2-way GPS real-time personal location services (PLS) was founded in 2002 and is based in Los Angeles, California. Known for its game changing patented micro GPS device in a shoe – the patented smart shoe the Company continues to pave the way with innovative geo specific and proximity alerting applications that help you know where someone or something is at the touch of a button. Committed to being the "better people finder", GTX Corp owns and operates LOCiMOBILE, Inc. which develops LBSN applications for smart phones, Code Amber News Service, and Code Amber Alertag. The Company has an aggressive intellectual property strategy and owns an extensive portfolio of patents, patents pending, registered trade marks, copy rights and website properties. GTX Corp is well positioned to capture the PLS Market through its diverse product platform, licensing model, brand recognition, traction in the market and strategic partners.


For information regarding GTX Corp: www.gtxcorp.com please contact


Ross Silver
Investor Relations
(213) 489.3019 ext 646
ir@gtxcorp.com


Joel Margulies

Public Relations

(310) 433 0299
jmargulies@gtxcorp.com

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2 comments:

  1. 錢,給你帶來歡愉的日子,但不給你帶來和平與幸福 ..................................................

    ReplyDelete
  2. This is a nice post. Great writing. GPS tracking has been a nice topic for some time because of what it can do.
    Android GPS App

    ReplyDelete