Los Angeles, CA – November 1, 2010 – GTX Corp (OTCBB: GTXO), known for its award winning, multi patent GPS Smart Shoe™ and a leader in customizable, two-way GPS Tracking Personal Location Services (PLS) solutions, launched its enterprise tracking portal in Spanish to meet the growing demand from Latin America. Offering a robust GPS and cellular location middleware platform that enables subscribers to track in real time the whereabouts of people, pets, vehicles or high valued assets, the Company is opening up new markets by licensing its technology to strategic partners in Mexico, Central and South America.
GTX’s VP of Business Development Carlos Briceño said “These latest milestones further expand our strategic initiative to increase our global penetration with customization, localization and optimization, while our partnerships validate our licensing model.”
GTX Corp has spent the past year developing an aggressive mobile application and embedded hardware strategy and launched localized language versions of its enterprise portal and Apps to give the customer what they want and need in today’s global market. ,
Advancing its global footprint and generating new revenues for both companies, GTX Corp’s GPS technology platform is being commercialized by PEACE OF MIND FOR LATINAMERICA SA de CV, headquartered in Cancun Mexico. The Company signed a licensing agreement with Peace of Mind, followed by its first order and will begin shipping this month. GTX Corp has been selling hardware into Mexico since 2009 but this will be the first time the actual GTX Corp middleware and portal platform will be localized in Spanish and commercialized in Mexico.
Luis Romo, Peace of Mind Marketing Director states “Our goal is to provide products and services that help locate people and assets and we are very excited about the opportunity to expand the GTX platform into our country. GTX has a deep understanding of the industry, a diverse product line and their Spanish speaking sales and technical people have been a pleasure to work with.”
About GTX Corp with you ®
GTX Corp (GTXO) a leader in embedded real-time GPS Tracking personal location services (PLS) was founded in 2002 and is based in Los Angeles, California. Known for its game changing patented miniaturized GPS tracking device in a shoe – the GPS Smart Shoe ™ and its block buster smartphone GPS Tracking App which hit number two on the iTunes top grossing chart, the Company continues to pave the way with innovative geo specific and proximity alerting applications that help you stay connected and 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 mobile 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 trademarks, copyrights and website properties. GTX Corp is well positioned to capture the growing GPS tracking PLS market through its diverse product platform, licensing model, brand recognition, traction in the market, strategic partnerships and focus on customization, optimization and localization.
Media Contact:
Suzy Ginsburg
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suzy@gcomworks.com
Investor Relations
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ir@gtxcorp.com
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