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 “Scotia” models, to be shipped before the end of 2010.
“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 US and worldwide.”
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.
++more++
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 Samsung Town near Seoul, South Korea, Samsung Electronics Co., Ltd. is a global leader in semiconductor, telecommunication, digital media and digital convergence technologies with 2009 consolidated sales of US$116.8 billion. Employing approximately 188,000 people in 185 offices across 65 countries, Samsung is widely recognized as a leading mobile phone provider and the bada platform is utilized in millions of phones sold by Samsung. Samsung expects the bada platform will rapidly be adopted by its hundreds of millions of customers this year. In 2010 bada's global distribution and coverage of Samsung mobile phones and Samsung Apps, the application store, will expand its service to 75 countries.
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
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.
# # #
|
Press and News
Thursday, September 26, 2013 GTX Corp Completes Institutional Financing
Thursday, September 26, 2013 GTX Corp Completes Institutional Financing
Thursday, September 26, 2013 GTX Corp Completes Institutional Financing
Tuesday, September 10, 2013 LOCiMOBILE Expands Distribution with Android Launch for Track My Work Force and GPS Shoe Apps
Thursday, April 18, 2013 GTX CORP ANNOUNCES SPONSORSHIP OF EXCLUSIVE NFL DRAFT EVENTS HOSTED BY BREWER SPORTS INTERNATIONAL
Tuesday, February 19, 2013 LOCiMobile Launches New Enterprise Work Force Tracking App: "TMWF"
Thursday, October 11, 2012 Aetrex Navistar™ GPS SHOES for tracking Alzheimer’s sufferers now available in the UK and Ireland
Tuesday, May 8, 2012 GPS Technology Enhances Quality of Life for Autism due to wandering and safety issues
Monday, March 19, 2012 Patrick Bertagna, CEO of GTX Corp, to Present at Undiscovered Equities Winter Conference & the Next Generation LBS Conference
Wednesday, November 9, 2011 GTX Corp Reports 250% Increase in Revenue for Third Quarter 2011 with the GPS Shoe Launch, Increased App Users and the Lifespire Code Amber Alertag
Wednesday, September 21, 2011 GTX Corp Ships First 3,000 GPS Shoe Devices to Footwear Partner Aetrex Worldwide, Inc.
Monday, September 19, 2011 Interview with Patrick Bertagna, CEO, GTX Corp
Thursday, August 18, 2011 GTX Corp Launches an IR-Newsroom Investor Portal at gtxo.irnewsroom.com
Thursday, June 30, 2011 GTX Corp Announces LOCiMOBILE GPS Tracking Apps Cross over 1 Million users in 116 COUNTRIES
Monday, March 21, 2011 GTX Corp Expands into Emerging Proximity Marketing Business with Adam, Inc to Deliver Real Time Daily Promotions from over 100,000 Chamber of Commerce Businesses to 1 Million LOCiMOBILE® users
Wednesday, March 2, 2011 GTX's GPS tracking apps for iPhone
Tuesday, March 1, 2011 GPS Tracking Lite, Free GPS Tracking for iPhone & Android
Monday, November 15, 2010 750,000 USERS in 100 COUNTRIES
Tuesday, September 28, 2010 With 675,000 Downloads in 91 Countries GPS Tracking Apps Leader GTX Corp Launches 3 New GPS and LBS Apps
Tuesday, August 17, 2010 Samsung and GTX Corp Sign Definitive Agreement to Deliver GPS Tracking Apps to 40 Million NEW Phones
Wednesday, July 7, 2010 HALF A MILLION DOWNLOADS AND GROWING GPS TRACKING APPS LEADER LOCiMOBILE® LAUNCHES NEW APP AND COMMUNITY PORTAL FOR EXPANDING MARKET
Tuesday, June 8, 2010 GTX CORP AND MNX SIGN THREE-YEAR EXCLUSIVE CONTRACT TO PROVIDE GPS TRACKING FOR CRITICAL MEDICAL AND BIO-PHARMACEUTICAL SHIPMENTS
Tuesday, May 25, 2010 LOCiMOBILE LAUNCHES GPS TRACKING FOR iPAD
Wednesday, April 21, 2010 AMIDST NEWS OF ITS GPS TRACKING APP SUCCESS, GTX CORP ADDS ADVISOR - WALL STREET VETERAN JASON S LYONS
Thursday, April 1, 2010 LOCiMOBILE'S ® GPS Tracking Apps for iPhone and Android reach 250,000 downloads in 78 countries increasing revenues by 30%
Friday, March 5, 2010 Knowing who and where
Thursday, February 11, 2010 LOCiMOBILE®, a leader in mobile social networking GPS Tracking Apps exceeds 100,000 downloads and plans to release Facebook and Twitter integration.
Wednesday, January 27, 2010 GTX Corp and its subsidiaries unveil State of the Union and 2010 Roadmap
Wednesday, January 20, 2010 Fifty-thousand downloads, top 25 on iTunes and over 100% download increase week over week. iPhone and Android users asked; "where are you" and by downloading the LOCiMobile® GPS TRACKING App, instantly got the "here I am" answer.
Friday, January 15, 2010 Haiti: an inconceivable catastrophe has exposed the narrow crack in the Earth's social crust between despair and hope.
Wednesday, January 6, 2010 LOCiMobile®, a leader in tracking people with GPS smartphone applications, kicks off the new decade with its newest App GPS Tracking on the Android platform
Monday, December 28, 2009 New GPS Tracking App by LOCiMOBILE hits over 15,000 Downloads and makes iTunes Top 25 List in first 2 weeks!
Tuesday, December 22, 2009 LOCiMobile launches new personal GPS tracking app: "GPS Tracking"
Tuesday, December 15, 2009 Code Amber Alertag launches worldwide secure digital ID tag and service providing emergency access to essential personal information for children, elderly, field workers and pets
Monday, November 30, 2009 GTX Corp signs licensing agreement for Code Amber, a wholly owned subsidiary, to launch new patent pending digital ID tag and service
Tuesday, September 8, 2009 Code Amber News Service Launches Code Mobile Missing Person's Alert App and Service for the iPhone®, BlackBerry® and Google Android® Phones
Tuesday, September 1, 2009 LOCiMOBILE, Inc. Launches Its New iLOCi2(TM) iPhone App International Version 1.2 -- Initially Localized in French and Spanish, With Plans to Add More Languages -- The App Is Now Available at All 60 International iTunes App Stores
Friday, July 31, 2009 Keep Track of your Kids this Summer
Thursday, July 23, 2009 Unique New App Maps Friends, Children and Co-Workers in Real Time, Privately and at the Push of a Button
Wednesday, May 20, 2009 GTX Corp Combines 2-Way GPS, Proximity Alerting and Apple Inc's 3.0 OS Delivering Social Location Awareness at the Touch of a Button
Thursday, April 30, 2009 GTX Corp Launches Personal Location Services (PLS) iPhone Application LOCiMe
Tuesday, March 3, 2009 Validation of 2-Way GPS Marketplace Shifts Demand From Technology to Customizable Applications
Monday, May 25, 2009 Read the SGI Report. Click here.
See What Others Are Saying About Our GPS Tracking Apps
GPS Tracking Apps featured on MakeUseOf.com
Locimobile Gps People Finder App on Garmin Gps Maps Site
Skyhook Location Revolution Features iLOCi2 by LOCiMOBILE
Yappler featured iLOCi2
Appstruck talks about iLOCi2
The iPhone Mom reviewed iLOCi2
Smokin' Apps review of iLOCi2
|