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Showing posts with label samsung. Show all posts
Showing posts with label samsung. Show all posts
Sunday, August 3, 2014
Tuesday, February 15, 2011
GPS Tracking Apps
If you haven't tried out the GPS Tracking App yet, now is the time! The application will let you locate your friends, family and co-workers. With a simple tap on the screen you will be able to let the others know where you are or you can request for their location. Integrated with Google maps the App allows the users to locate where their friends are on the Google Maps. The Application even offers turn by turn directions that facilitates the users to locate each other in a quick and easy manner.
One thing's for sure, the GPS Tracking App is a really well put together and thought out app. There are a couple other great features this app offers including Integration with Facebook, Twitter, unlimited users, text messaging, no Ads and much more. It is an interactive friend finder, social networker, party starter and much more making it a must have application.
Wednesday, February 9, 2011
GTX Corp awarded broad U.S. patent and signs Licensing Agreement with Tablet Manufacturer Skytex to Pre-Load Apps
Los Angeles, Calif. – February 9, 2011 – GTX Corp (OTCBB: GTXO), a leader in customizable, 2-way GPS Personal Location Services (PLS) solutions was granted its 9th patent for their innovative and potentially life saving GPS Smart Shoe technology.
By the year 2050, there will be 16 million adults with Alzheimer’s in the U.S. alone. The multi patent GPS Smart Shoe™ will afford millions of caregivers the means to remotely monitor those afflicted with Alzheimer’s that become lost due to wondering.
“This new patent has 121 claims, including 9 independent claims, for both the footwear and the manufacturing process which strengthens the Company’s extensive IP portfolio and overall value,” said; Larry E. Henneman, Jr. Registered U.S. Patent Attorney.
Timing for this new patent coincides with the Company recently receiving payment and finalizing the design and manufacturing processes for beginning delivery of its first 3,000 unit commercial order to Aetrex Worldwide, Inc., this quarter.
As part of its ongoing mobile strategy to partner with smartphone, tablet and internet TV manufacturers GTX Corp recently signed a licensing agreement with Skytex Technology, Inc. which develops, manufactures and markets high-tech consumer electronics and tablets. Skytex plans to release a 7” Android 2.2 tablet with wifi/GPS by mid-April that will come pre loaded from the factory with business unit LOCiMOBILE Apps, and may release a higher end Honeycomb based tablet later in the year. “We’re excited to be working with GTX in offering our end users their great GPS tracking apps pre-installed on our Android powered internet tablets,” said Arnold Li, President of Skytex Inc.
About GTX Corp (GTXO.OB) a leader in enterprise 2 way GPS real-time personal location services (PLS) was founded in 2002 and is based in Los Angeles, California with distributors in Mexico, Australia and Nepal and customers in 104 countries. GTX Corp utilizes the latest in miniaturized, low power consumption technology and offers a robust enterprise GPS and cellular location platform to track in real time the whereabouts of people, pets, vehicles and high valued assets. Answering the “where is” question through a licensing business model and providing a complete end to end solution of hardware, middleware, apps, connectivity and professional services. Letting you know where someone or something is at the touch of a button, GTX Corp also owns and operates LOCiMOBILE, Inc which develops applications for smartphones and tablets, 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 URL's.
For information visit online: www.gtxcorp.com www.facebook.com/gtxcorp www.twitter.com/gtxcorp
Product and licensing e mail - info@gtxcorp.com
Investor Relations (213) 489.3019 ext 646 ir@gtxcorp.com
Public Relations Suzy Ginsburg (713) 334.2357 suzy@gcomworks.com
GTX Corp does not warrant or represent that the unauthorized use of materials drawn form the content of this document will not infringe rights of third parties who are not owned or affiliated by GTX Corp. Further GTX Corp cannot be help responsible or liable for the unauthorized use of this document’s content by third parties unknown to the company.
Wednesday, February 2, 2011
One mobile connection for every person in the world by 2015 and every connection is 2-way.
Cisco predicts that by 2015 there will be 5.6 billion mobile devices and 1.5 billion separate machine-to-machine nodes. Coincidentally, global mobile data traffic will grow 26 times between 2010 and 2015, to 6.3 exabytes–a billion gigabytes–per month, according to the latest report from Cisco’s Visual Networking Index Global Mobile Data Traffic Forecast. Additionally, fully two-thirds of all mobile data traffic will be video by 2015, the report predicted.
There are now more than 60,000 native apps for the iPad tablet. Apple adds that consumers downloaded 7 billion apps in the last year alone – LOCiMOBILE”S 2 way GPS TRACKING APPS among them – and one can only wonder what that number might become with video as an option. Check-in at GTXCorp for an answer to the “where is…” it’s happening question.
Monday, January 24, 2011
GTX Corp Reviews 2010 and Looks Ahead at 2011
Increasing Products, Customers, Partners, Vertical Markets while expanding Brand Recognition in over 100 Countries
Los Angeles, CA, January 24, 2011 — GTX Corp (OTC BB: GTXO), a leader in 2-way GPS tracking personal location services providing technologies that answers the “where is” question, today outlines a recap of 2010 and forecast for 2011.
2010 Highlights
· Multiple New Product Introductions and Appreciable Recognition of Leading-edge Technology Platform. 15 new products were launched expanding the Company’s total product offerings by 200%. Several of the Company’s location-based social networking (LBSN) mobile applications were included in both the iTunes and Android lists of top Apps for 2010.
· Significantly Increased Consumer User Base. The GTX worldwide user base crossed 800,000 in over 100 countries, compared with 25,000 users at the end of last year. Driving this increase was the Company’s active participation in many industry conferences, traditional media exposure in numerous television segments and newspaper and magazine articles as well as the Company’s increasing social media visibility.
· Major New Licensing Agreements. Licensing agreements with Aetrex Worldwide, Inc and MNX Midnight Express were signed, with shipments to MNX commencing in late December and Aetrex initiating production for its first commercial order.
· New Distributors. 2 new International distributors added and contracts with new partners including Samsung and Aeris were signed.
· Industry Recognition. The GTX Corp With You ® brand was recognized as a premiere provider by being honored at the Location & Beyond Summit with the Peoples Choice Award for the Most Innovative Connected Location Device.
· International Expansion through Localization. The GTX Corp B2B portal and the Code Amber Alertag consumer portal were localized in Spanish for Latin America deployment.
Patrick Bertagna, CEO of GTX Corp, noted, “Clearly, 2-way GPS tracking garnered a significant increase in awareness and demand, positioning the Company to capture this exploding market with our robust platform, diverse product line, strong brand recognition, and growing global customer base. As we continue transitioning from a product development stage to full commercialization we are attracting the attention of partners and customers that value the exceptional capabilities of our 2-way GPS tracking platform. With momentum on our side in this emerging $13 billion industry, 2011 looks to be very promising.”
Unique, Technically Advanced 2-Way GPS Technology Ready for Burgeoning New Market
Transitioning into 2011, the Company successfully concluded initial testing of the GPS Smart Shoe with the Alzheimer Association. The Company finished its custom firmware development for the MNX devices and began shipping its first units. Another partner has been added to the international distributor list, Grupo GTX a well established business in Mexico servicing the logistics and security market, and other channel partners have begun sending in their forecasts and orders for Q1 with shipments commencing this month. In addition the Code Amber Alertag group opened new markets in South America, including the major markets of Brazil and Argentina, for distribution of the Company’s products.
Looking ahead, as 2 way GPS technology continues to be more broadly accepted, the Company will continue to introduce new products to the market, with a focus on e-Health and apps for various mobile platforms and devices from smartphones to tablets to TVs. Add to the growing list of international distributors and partners. Look at new market opportunities while evaluating new vertical markets and channels of distribution and of course execute on the existing contracts.
About GTX Corp
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 with distributors in Mexico, Australia and Nepal and customers in 104 countries. GTX Corp utilizes the latest in miniaturized, low power consumption technology and offers a robust GPS and cellular location platform to track in real time the whereabouts of people, pets, vehicles and high valued assets. Answering the “where is” question through a licensing business model and providing a complete robust, scalable end to end solution of hardware, middleware, apps, connectivity and professional services- a one stop shop. From its early beginnings– the patented GPS smart shoe www.gpsshoe.com to paving new innovative geo specific and proximity alerting applications that help you know where someone or something is at the touch of a button, GTX Corp also owns and operates LOCiMOBILE, Inc which develops applications for smartphones and tablets, 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 URL's.
For information on GTX Corp: www.gtxcorp.com www.facebook.com/gtxcorp www.twitter.com/gtxcorp
Product and licensing please email info@gtxcorp.com
Investor Relations (213) 489.3019 ext 646 ir@gtxcorp.com
Public Relations Suzy Ginsburg (713) 334.2357 suzy@gcomworks.com
GTX Corp does not warrant or represent that the unauthorized use of materials drawn from the content of this document
will not infringe rights of third parties who are not owned or affiliated by GTX Corp. Further GTX Corp cannot be held responsible or liable for the unauthorized use of this document’s
Safe Harbor Statement
This press release contains “forward looking statements” which may be identified by the use of forward-looking terminology, such as “may”, “shall”, “will”, “could”, “expect”, “estimate”, “anticipate”, “predict”, “probable”, “possible”, “should”, “continue”, or similar terms, variations of those terms or the negative of those terms. The forward-looking statements specified in the following information have been compiled by our management on the basis of assumptions made by management and considered by management to be reasonable. Our future operating results, however, are impossible to predict and no representation, guaranty, or warranty is to be inferred from those forward-looking statements.
The assumptions used for purposes of the forward-looking statements specified in the following information represent estimates of future events and are subject to uncertainty as to possible changes in economic, legislative, industry, and other circumstances. As a result, the identification and interpretation of data and other information and their use in developing and selecting assumptions from and among reasonable alternatives requires the exercise of judgment. To the extent that the assumed events do not occur, the outcome may vary substantially from anticipated or projected results, and, accordingly, no opinion is expressed on the achievability of those forward-looking statements. No assurance can be given that any of the assumptions relating to the forward-looking statements specified in the following information are accurate, and we assume no obligation to update any such forward-looking statements.
Friday, January 21, 2011
Quantitative proof of the frequency of the “where” question being asked
Among all smartphone users, the most popular app among feature phone users is Google Maps (46%) followed closely by Facebook (45%). The simplest conclusion to be drawn from the data is that “where” is my; friend, family, spouse or co-worker must be top of mind for multi-millions and the GPS Tracking app to resolve that question is to be found at LOCiMOBILE, a subsidiary of GTXCorp (GTXO.OB).
Where they are asking the “where” question is now going vehicular…
The number of consumers using telematics smartphone apps with connected cars is about to increase over 40 times in the next five years. ABI Research today estimates that by 2016, 129 million people will use smartphone software that works with a vehicle, up from only 3.2 million consumers this year. Such forecasts could fuel new and innovative mobile apps specific to vehicles and travel-related activities.
Smartphone applications specific to cars may best illustrate the promise of mobility and connectivity: intelligent, discreet devices combined with wireless broadband and smarter cars. While there have been a number of in-vehicle applications for years — think of navigation, point-of-interest searches, real-time traffic data and remote automobile diagnostics — most until now have been constrained for use within the vehicle.
By leveraging the ability for a smartphone to be tied with a car, such apps can move beyond in-car use. And as vehicles gain more processors and sensors, especially in greener cars as noted in a GigaOM Pro report, (subscription required), the possibilities for mobile apps will expand.
So what kinds of mobile apps will connect smartphone-toting drivers with their cars? Ford already launched software specific to its all-electric Ford Focus, allowing users to remotely monitor the battery level and even schedule a recharge during off-peak rate hours. Location Labs, in a partnership with T-Mobile, today launched software that can detect when a driver is behind the wheel of a vehicle and automatically shoot calls direct to voicemail or lock down access to text messaging. Focused on driver safety, the new app appears to monitor vehicle movement through GPS, but in the future, could get that data directly from the car. Whatever the application, mobile broadband and smart handsets combined with the cars of tomorrow could give new meaning to the term “information superhighway.”
Wednesday, January 19, 2011
The Where Question
Where is my kid, my friend, my spouse, my Alzheimer’s afflicted father and even where am I. CBS Los Angeles Bob McCormick with Money 101 has found an answer in miniature embedded technology.
Tuesday, January 18, 2011
We cannot leave home without our smartphone
According to a survey from Deloitte, Revolutions 2010, smartphone apps are indeed transforming consumer behavior. More consumers are turning to their smartphone for entertainment, news and information than previous traditional sources.
From the survey, 62 percent of respondents said the availability or presence of mobile apps causes them to carry their smartphones when they otherwise would not. That means as consumers, we cannot leave home without our smartphone.
Testament to the survey’s view of changing consumer behavior patterns can be seen as Apple nears 10 billion app downloads. It only took Apple took nine months to reach 1 billion downloaded wireless applications, and less than two years later, the company is getting ready to issue a $10,000 iTunes gift card to the person who downloads app number 10 billion. At the current pace, this milestone will be reached Jan. 23. Research firm Asymco says that across all three of the iOS-supported devices, users have downloaded an average of 60 apps each.
GTX Corp (GTXO) has been aware of this trend for years developing a portfolio of GPS Tracking and GPS based LOCiMOBILE applications that eschew the public commercialism of Four Square and Gowalla for a robust, private set of functional apps that provide easy to access permission based location information.
Thursday, November 18, 2010
Monday, November 15, 2010
750,000 USERS in 100 COUNTRIES GPS TRACKING APPS LEADER, GTX Corp, LAUNCHES NEW Check-In APP
Los Angeles, California November 15, 2010--GTX Corp (OTCBB: GTXO.OB) business unit LOCiMOBILE, Inc. crossed over 750,000 users in 100 countries and has launched yet another GPS and personal location - based (PLS) “app” advancing its leadership position in the growing mobile LBS market.
There is no escaping the buzz surrounding the latest craze of “checking-in” and the “i” phenomenon - iPhone, iPad, iPod, so what better name for the GTX’s new iPhone app but, iCheck-In ™. Keeping you connected with one push of a button for about the cost of a latte, iCheck-In ™,
is the fastest and easiest way to “check-in” and stay connected to everyone in your mobile contact list and your Facebook friends. The recipient of your iCheck-In™ does not need an app as the “check-ins” are sent by e-mail or right to your Facebook wall. This unique feature expands the checking-in concept far beyond app to app and smartphone to smartphone. Now with one push of a button, your boss, your grandma, your old college buddies or FB friends will be sent a message and a Google map, to see where you are and receive turn by turn directions to meet you providing the fastest and most ubiquitous way to stay connected and “check-In.”
With an estimated 1 billion smartphones by 2014 and Samsung on track to deliver 40 million feature phones and 1 million tablets in 2011, joining the tablet race with Apple, RIM and Skytex; the mobile LBS market is going to become disruptive technology and could see revenues to more than 12.7 billion. Looking forward towards 2011, GTX Corp will continue to leverage this rapidly growing market and introduce new applications in e-Health and apps that will run across various platforms and devices from smartphones to tablets to TV’s.
# # #
About GTX Corp with you ®
GTX Corp (OTCBB: GTXO.OB) 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 and award winning patented 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 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 location based social networking (LBSN) mobile applications for smartphones, 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 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:
Media Contact:
Suzy Ginsburg
713.334.2357
suzy@gcomworks.com
Investor Relations
213.489.3019 ext 646
ir@gtxcorp.com
GTX Corp does not warrant or represent that the unauthorized use of materials drawn from the content of this document
will not infringe rights of third parties who are not owned or affiliated by GTX Corp. Further GTX Corp cannot be held
responsible or liable for the unauthorized use of this document’s content by third parties.
# # #
Tuesday, September 28, 2010
With 675,000 DOWNLOADS in 91 COUNTRIES GPS TRACKING APPS LEADER GTX Corp LAUNCHES 3 NEW GPS AND LBS APPS
GPS Tracking Apps keep you connected to everyone, everywhere…
Los Angeles, California September 28, 2010--GTX Corp (OTCBB: GTXO.OB) business unit LOCiMOBILE, Inc. is launching a series of GPS and personal location - based “apps” and web services solidifying its leadership position in the mobile LBS market, which mobile carriers are calling “Pure Gold”.
The new apps all have a GPS component and are designed to add the “where is” factor to functionality. A potential block-buster, the Company launched on the Android market place Phone Tracking ™ in case you loose or misplace your phone. More than 70 million phones are reported lost or stolen in the US each year but while the loss of a phone may be annoying the loss of personal and business data could be devastating. This $4.99 app is designed to work in the background and can be activated to turn on remotely in the event you misplace your phone. The real-time tracking and recovery feature is activated by either texting your phone or by going to the Company viewing portal www.gpstrackingapps.com The cool part is this app is actually activated remotely by texting your phone a PIN or password. Upon receipt of the password your phone will begin sending its location coordinates back to the website every minute or to the phone you are texting from, after each text request.
The Company is also about to launch a new live tracking version of its popular Tracking App which will work in the background on Apples 4.0 OS. Live Tracking ™ already available on Android and BB will be part of the web-based service and offers cross-platform, real-time GPS tracking of friends and family, kids and co-workers.
Entering the photography category GPS Camera ™ which GEO tags and time stamps your photos and enables you to upload them to Facebook or email to friends is expected to go live on iTunes any day. “The ability to see all your digital pictures 5 years from now, displaying exactly where and when that great shot was taken, is a modern adaptation of our parents writing on the back of that old black and white photo (Grand Canyon Spring 1977)” said Carlos Briceno VP of Business Development.
With Juniper Research supporting the theory that mobile LBS is going to become disruptive technology and could drive revenues to more than 12.7 billion with 1 billion smart phones by 2014, the Company is aggressively increasing app development and launching new apps, positioning for a strong presence in the mobile market with a diverse product line, increased global user base, brand recognition and revenues.
About GTX Corp with you ®GTX Corp (OTCBB: GTXO.OB) 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 micro GPS device in a shoe – the patented 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 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 location based social networks (LBSN) 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 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:
MEDIA: Suzy Ginsburg,
713.334.2357
suzy@gcomworks.com
Investor Relations:
213.489.3019 ext 646
ir@gtxcorp.com
GTX Corp does not warrant or represent that the unauthorized use of materials drawn from the content of this document
will not infringe rights of third parties who are not owned or affiliated by GTX Corp. Further GTX Corp cannot be held
responsible or liable for the unauthorized use of this document’s content by third partiesThursday, September 16, 2010
GPS Smart Shoe™ Nominated for Most Innovative Location Device
Los Angeles, California September 21, 2010--GTX Corp (OTCBB: GTXO.OB) has been selected as a Finalist in the Most Innovative Location Device category of the Locations & Beyond Summit and the People’s Choice Awards. The audience at the Summit will vote and The People’s Choice Award winners will be announced on October 6, 2010 at the 4th Annual Locations & Beyond Summit Awards ceremony in San Francisco at the St. Regis Hotel, during the CTIA Wireless Enterprise and Applications 2010 conference. “I would like to congratulate GTX Corp for being chosen as a Fast-Pitch finalist for the Most Innovative Location Device category, and I wish them the best of luck in being chosen for a People’s Choice Award by the Summit attendees,” said Kanwar Chadha, chief marketing officer and board member of CSR and founder of SiRF. “Locations & Beyond Summit is a strategic forum for the key decision makers of the connected location industry to have thought provoking discussions on the future of our industry, and Fast-Pitch finalists represent the cutting-edge technologies, products services that have the potential to transform our industry.”
The annual Locations & Beyond summit, formerly known as Location 2.0, is the platform where the local business leaders gather to discuss the current and future trends, share ideas, elaborate the innovations and create an integrated approach to resolve issues which are of common interest. Despite being young, the summit has gained immense prominence in the industry circle because of the convergence of knowledge, technology, people and innovations in a single stage.
“GTX Corp and Aetrex have been gearing up for the launch of the patented GPS Smart Shoe ™, and we are thrilled to be recognized as a technological leader with this nomination for most innovative location device in 2010,” says Patrick Bertagna, CEO and founder of GTX Corp.
GTX Corp delivers innovative 2 way GPS tracking solutions through their licensing models and direct to consumer channels on the iPhone and Android App markets.
About GTX Corp with you ®
GTX Corp (OTCBB: GTXO.OB) 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 micro 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 location based social networks (LBSN) 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 PLS Market through its diverse product platform, licensing model, brand recognition, traction in the market and strategic partners.
For more information: www.gtxcorp.com
Media Contact:
Suzy Ginsburg
713.334.2357
suzy@gcomworks.com
Investor Relations:
213.489.3019 ext 646
ir@gtxcorp.com
GTX Corp does not warrant or represent that the unauthorized use of materials drawn from the content of this document
will not infringe rights of third parties who are not owned or affiliated by GTX Corp. Further GTX Corp cannot be held
responsible or liable for the unauthorized use of this document’s content by third parties.
# # #Wednesday, August 25, 2010
Smartphone App Market to Be Worth $15B
Smart phone applications have revolutionized the ways in which users access documents and information and conduct day-to-day business tasks. The apps have revolutionized the ways in which we communicate – both in our personal and corporate channels – and technology is at our fingertips more than ever.
But the real story lies here: the facts, figures, and numbers. For the first six months of 2010 alone, the smart phone application market has in fact grown to $2.2 billion already. Total mobile application downloads has reached 3.8 billion. Now, compare that to 3.1 billion downloads in aggregate 2009, and it’s easy to process the coming estimates for the near future: expansion to a $15 billion market by 2013. Other less conservative estimates that have been released: a $17.5 billion estimate from an independent study by a company called GetJar.
The exponential growth is a culmination of developing technologies from Apple and their proprietary iTunes store, the Android Market by Google, and other mobile app stores that include Blackberry’s App World by Research in Motion.
But these are massive companies that have already enjoyed reaping the benefits from the growth of the app market. At WMM, we discover the little guys. We uncover and then cover companies with small market caps who are on the forefront of some explosive industry fulfilling some voided niche with powerful technology.
GTX Corporation companies. GTX develops and integrates 2 way GPS people finding technologies which seamlessly integrate with consumer products and enterprise applications. LociMobile, a GPS tracking application for iPhone, Samsung, and Blackberry smart phone devices, hit #2 on the iTunes top grossing chart with 600k downloads in 84 countries.
On August 17th, GTX Corporation and Samsung signed a definitive agreement to deliver the LociMobile GPS tracking application to 40 million more phones on the new Scotia model phones. GTXO has also developed a patented micro GPS device for a smart shoe that can be used to track Alzheimer’s patients. The shoe has garnered numerous media attention and the collected and gathered articles can be found on the GTX Corporation Investor Relations website.
This is the story of a company who’s answering the demand for personal GPS tracking software and applications, entering into a market that is expected to grow five-fold over the next three years.
Tuesday, August 17, 2010
SAMSUNG AND GTX CORP SIGN DEFINITIVE AGREEMENT TO DELIVER GPS TRACKING APPS TO 40 MILLION NEW PHONES
Samsung Users Join Growing Community of Location-Based Social
Networking and Share "Where" Anywhere with GPS Tracking Apps
Los Angeles, CA, August 17, 2010—As it crosses 600,000 downloads in 84 countries, LOCiMOBILE®, Inc. a wholly-owned subsidiary of GTX Corp (OTCBB: GTXO), has inked a deal with Samsung Electronics Co, Ltd., the world's second-largest handset manufacturer in 2009 with sales of more than 235 million units (source, Gartner February 2010) to deliver its family of GPS Tracking Apps to Samsung’s new line of smartphones and bada platform.
Samsung, a leading mobile phone provider, launched its own open mobile platform, Samsung bada, in December 2009. This new addition to Samsung's mobile ecosystem enables developers to create applications for millions of new Samsung mobile phones, and offers consumers a fun and diverse mobile experience. Samsung chose the name “bada”—which means “ocean” in Korean—to convey the limitless variety of potential applications that can be created using their new platform.
In the agreement, GTX Corp will develop versions of its tremendously popular GPS Tracking apps specifically for mobile phones that will run Samsung's new bada operating system. GTX expects its GPS Tracking apps to be featured for sale on the Samsung Application Store beginning in October 2010. Of the 40 million estimated Samsung handsets expected to ship between now and mid-2011, 15-20 million will be the new “
“The Samsung bada platform further advances our march towards universal availability for our people-finder apps," says GTX Corp CEO Patrick Bertagna. “We're delighted to have been asked by Samsung to participate in this new market and add the bada platform to our current list along with Apple, Android and RIM. We anticipate bada to be huge out of the gate and a tremendous boost to our business in the
GTX Corp’s announcement follows on the heels of an 89% increase in its revenues over the previous quarter and a number of recent software and hardware deals, including the launch of its new consumer based social networking portal www.gpstrackingapps.com. The company also formally launched its GPS Tracking app for the iPad several weeks ago and has already updated that app to version 1.1, and is launching a new GPS camera app this coming month, which will continue to add value to the growing suite of LOCiMOBILE GPS apps.
On the hardware side, developments include embedding miniaturized GPS tracking devices in the Aetrex Ambulator® GPS shoe, which just debuted to the trade at the WSA Show in Las Vegas, and for packages with international shipper MNX.
“We aim to continually drive developments that increase the value and strength of our Company, concludes Bertagna. The Samsung agreement vastly increases our visibility in the US and abroad, and further validates our GPS Tracking model of letting consumer and business users get the answer to ‘Where is my friend, co–worker, family member or high-value asset?’ with one push of a button.”
ABI Research predicts that more than 550 million GPS-enabled handsets will be shipped by 2012. LOCiMOBILE®, with 10 GPS apps on the market and 3 more in development across 4 major platforms, continues to gain traction and momentum in what is estimated to be a $29 billion dollar market by end of 2013.
# # #
About Samsung Electronics Ltd.
Based in
About GTX Corp with you ®
GTX Corp (OTCBB: GTXO.OB) 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 micro GPS device in a shoe - the patented smart shoe and its block buster smartphone GPS Tracking App, recently featured in Los Angeles Business Journal and 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 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 location-based social networks (LBSN) applications for smart phones, Code Amber News Service, and the 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 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
Henry Eshelman
Public Relations
323.337.9042 begin_of_the_skype_highlighting 323.337.9042 end_of_the_skype_highlighting begin_of_the_skype_highlighting 323.337.9042 end_of_the_skype_highlighting
heshelman@platformgrp.com
Investor Relations
213.489.3019 ext 646
ir@gtxcorp.com
GTX Corp does not warrant or represent that the unauthorized use of materials drawn from the content of this document will not infringe rights of third parties who are not owned or affiliated by GTX Corp. Further GTX Corp cannot be held responsible or liable for the unauthorized use of this document’s content by third parties.
# # #
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