GTX Corp (OTCQB: GTXO) Could Help Hundreds of Families Avoid Heartache Every Week
According to the Criminal Library at TruTV, there are about 2,300 Americans reported missing every day, including both adults and children. Reports of missing persons have increased six fold in the past 25 years, from roughly 150,000 in 1980 to about 900,000 this year. The increase was driven in part by the country's growing population.
Among missing adults, about one-sixth have psychiatric problems. Young men, people with drug or alcohol addictions and elderly citizens suffering from dementia make up other significant subgroups of missing adults.
About 100 missing-child reports each year fit the profile of a stereotypical abduction by a stranger or vague acquaintance. Two-thirds of those victims are ages 12 to 17, and among those eight out of 10 are white females, according to a Justice Department study. Nearly 90 percent of the abductors are men, and they sexually assault their victims in half of the cases.
GTX Corp offers a number of personal location monitoring solutions that can help families at risk for any type of missing person, quickly and easily find their loved ones. The company, which this year was, included in the prestigious Entrepreneur Magazine -100 Brilliant Companies list, holds a leadership position in customizable, patented 2-way GPS Tracking Personal Location Services (PLS) solutions. These solutions are available for everyone who is at risk, from teenagers to seniors.
GTX’s GPS Shoe is an invention that incorporates patented technology into a shoe that can be worn by seniors and used by caregivers to track their location in real time. If the senior wanders too far from home, an alert can be sent to the caregiver’s cell phone, helping to ensure the safety of the senior and giving peace of mind to the senior’s family. It offers tracking of seniors at risk for wandering due to Alzheimer’s and other problems associated with aging. This shoe is manufactured and distributed in partnership with Aetrex Worldwide, Inc., a leading footwear manufacturer and is available for [purchase on line at www.aetrex.com/gps
To date, GTX has created two custom GPS tracking solutions in two separate vertical markets (the monitoring of seniors and the monitoring of high value assets) and has on-going initiatives to develop and deploy additional custom hardware, software, monitoring and connectivity solutions in other vertical markets. GTX also offers consumers a number of apps based on GPS tracking technology that can be used for safety and socializing.
An independent firm, ABI Research, has separately identified GTX Corp as a company paving the way into the next billion dollar market which the research firm identified as "Personal Tracking.” This field could save hundreds of families a week from the pain of not knowing where an at-risk loved one is.
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