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GTX Corp (GTXO.OB)

GTX Corp (GTXO) is focused on developing miniaturized GPS tracking and cellular location-transmitting technology platforms for integration into a wide variety of branded licensee consumer products. The company’s patented Personal Location Services (PLS) platforms feature miniaturized, always-on Assisted-GPS tracking and wireless location-reporting technologies that provide continuous real-time coordinates.

Since inception, the company has been dedicated to creating patented GPS/GPRS/GSM technologies and establishing key relationships with licensed, branded partners to bring real-time tracking solutions to an assortment of consumer products. GTX Corp plans to integrate its gpVector™ units in a host of lifestyle products and applications used to track children, those afflicted with Alzheimer’s, outdoor adventurers, military personnel, police, fire, and public safety workers, and nearly any highly valued asset.

According to Frost & Sullivan, the market for personal location services is expected to grow to an $8 billion dollar industry by 2011. GTX Corp has established a pioneering position within the industry by spending more than$3 million in research and development over the past six years, and is poised to grow rapidly as the global demand for GPS devices continues its explosive growth.

The company is led by CEO, Founder and Chairman Mr. Patrick Bertagna who has more than 25 years experience building companies. He began his career importing apparel from Europe and later went on to design and manufacture a full line of clothing, accessories and footwear in over 20 countries, with sales exceeding $27 million. He later began transitioning into the world of software technology and founded Barcode World, Inc., an international supply chain management application company that grew to 450 premier branded accounts.

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