GPS Technology Enhances Quality of Life for Autism due to wandering and safety issues GTX Corp extends its growing IP portfolio and a partnership with Talk About Curing Autism to develop GPS tracking location based solutions aimed at aiding families living with autism Los Angeles– May 8, 2012 – GTX Corp (OTCBB: GTXO), the leader in
customizable, 2-way GPS tracking location based solutions has been granted another utility patent, adding to the company’s growing IP portfolio that includes 11 issued patents, 5 patents pending and 34 U.S. and 28 foreign patents under its license. The multi-patented GPS technology platform will also soon serve as the foundation for products designed to help the millions of families affected by autism, as a result of a new partnership between GTX Corp and Talk About Curing Autism (TACA).
This new Patent 8,154,401 B1 titled “System and Method for Communication with a Tracking Device” protects many of the vital communications with the GTX Corp backend processes that are currently being used daily by the Company’s licensed enterprise partners and consumers, enhancing the Company’s barriers to entry in the growing $13 billion location based services industry. “This new patent has 30 claims, including 2 independent claims. One of the independent claims is directed to a tracking device with remotely configurable settings and the other independent claim is directed to a method of communicating configuration data to a tracking device. This patent further strengthens the Company’s already extensive IP portfolio and overall value,” said Larry E. Henneman, Jr., Registered U.S. Patent Attorney.
Continued technological innovation and partnerships such as the one between TACA and GTX Corp advances the reality that healthcare is no longer limited to what happens in the hospital. Healthcare and safety is becoming integrated into our phones, our homes and even our clothing with the convergence of digital and medical technologies. “We are excited to partner with GTX Corp and to begin providing the thousands of families we work with, technical solutions for those diagnosed with autism who wander from their families. This partnership will address the serious safety concerns for the many families we serve,” stated Lisa Ackerman, TACA Founder.
“With our award winning multi-patented GPS Smart Shoe and patent-pending Alertag we have been at the forefront of connected health for years, providing new levels of functional oversight, security and peace of mind to a variety of audiences and needs,” commented Patrick Bertagna, CEO of GTX Corp. “We look forward to developing and bringing to market new, innovative products that both satisfy the ever-increasing consumer demand for location based solutions and that will help support the families challenged with a special needs child.”
Wandering is an enormous issue for the autism community. Recent research concludes that 48% of children diagnosed with autism wander and are susceptible to injury, death and other safety issues. This partnership will offer families affected by autism a solution for helping track and potentially assist in keeping their loved one safe.
Recently analyst firm TNS said a majority of people around the world were now recognizing the value of sharing their location. Given the report, almost one fifth, or 19 percent, of the world's mobile users are already using location based services, and more than three times that (62 percent) aspire to do so very soon. With the expectation of this market seeing sizable growth over the next few years GTX Corp is positioning itself well by continuing to build a strong intellectual property portfolio and expand its strategic relationships.
About GTX Corp (GTXO.OB) - The 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 147 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.
About TACA -Talk About Curing Autism is a national organization, headquartered in Irvine California, dedicated to providing information, resources, and support to families affected by autism. (TACA) provides support, education and information, and resources to almost 30,000 families in the U.S. who are touched by autism. Over 95 percent of TACA’s services are provided at no charge. TACA helps to strengthen the autism community by connecting families with professional assistance and serves to bridge the gap between diagnosis and effective treatment. Further information about Talk About Curing Autism and resources for families living with autism can be found at www.tacanow.org or by calling (949) 640-4401.
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 unknown to the company.
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Press and News
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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
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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
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Wednesday, January 27, 2010 GTX Corp and its subsidiaries unveil State of the Union and 2010 Roadmap
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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
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Friday, July 31, 2009 Keep Track of your Kids this Summer
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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.
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