GTX Corp. (OTCBB: GTXO) is a leader in customizable, patented two-way GPS Tracking Personal Location Services (PLS) solutions. Today, it received its first commercial order from Aetrex Worldwide, Inc. a leading maker of orthotic and therapeutic shoes. Aetrex’s initial order for 3,000 GPS devices to be embedded in the Aetrex Ambulator® collection brings a durable, reliable solution for monitoring the location of the 5.3 million seniors in the U.S. afflicted with Alzheimer’s disease or dementia. GTX will begin to ship the devices this summer in order for Aetrex to prepare for the launch date, scheduled to coincide with the National Alzheimer Association memory walks this fall.

GTX Corp’s GPS-enabled shoes provide caregivers and loved ones a safe, unobtrusive means to easily find those afflicted with Alzheimer’s that might wander and become lost. The company’s eight patents for the GPS shoe cover a GPS transceiver module that is placed within the shoe. You can read more about this shoe tracking technology here. Aetrex will initially offer the shoe through foot.com, gpsshoe.com, and a select group of assisted living facilities.

In another significant development, GTX Corp announced an agreement with Australia’s Tracking Central, a service provider for GPS Tracking products and solutions. It has licensed and will utilize GTX Corp’s tracking platform and portal to provide personal location services to the Australian market.

 

GTX’s VP of Business Development, Carlos Bricenyo, stated, “”Our agreement with Tracking Central represents an additional channel of distribution in a part of the world that has shown a tremendous interest in personal GPS Tracking solutions and opens up new opportunities for hardware sales and monthly subscriptions. These latest milestones further expand our strategic initiative to increase our global penetration, while our partnerships validate our embedded licensing model.”

To view this article at World Market Media click on the link below: http://www.worldmarketmedia.com/779/section.aspx/1983/post/gtx-corp-otcbb-gtxo-receives-1st-commerical-order-and-expands-mobile-gps-tracking-services-into-australia

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