GTX Corp. (GTXO.OB), a leader in Global Positioning System (GPS) tracking and location-transmitting technology platforms, offers patented, interchangeable GPS satellite tracking and location reporting technology. This hardware can be easily embedded into footwear, clothes, backpacks and life preservers.
Since 2002, GTX Corp. has been developing, patenting and integrating miniaturized GPS tracking and cellular location-transmitting technologies into a wide variety of consumer products and business-to-business applications to incorporate a tracking capability. The company’s patented Personal Location Services (PLS) platform consists of a matchbook-sized, location-reporting module that utilizes cellular transmission provided by its wireless carrier partner, AT&T, to deliver real-time geographic coordinates on Google Maps to subscribers via a secure Internet connection.
In addition, the PLS platform provides a solution to many critical and time sensitive social issues, including missing children, oversight of loved ones, safety of aging population and remote travel dangers. Its miniature size and interchangeable module fits easily into active lifestyles. GTX Corp. is well positioned in an emerging industry that is expected to grow to more than $8 billion in three years. In addition, analysts expect the stock price to reach $2.00 per share.
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