U.S. Markets open in 5 hrs 22 mins

GTX Corp Expands Distribution in Mexico

LOS ANGELES, CA--(Marketwired - Sep 14, 2016) - GTX Corp ( OTC : GTXO ), an IoT platform in the personal location GPS wearable and wandering assistive technology business, announced the commercial launch of the GPS SmartSole with C&R Care Solutions, a privately owned company headquartered in Mexico City which sells and supports GPS based tracking solutions throughout the country of Mexico.

"Mexico is an important, sizable and strategic market for GTX. As a neighboring country with a total population of over 122 million and a growing middle class representing 47% of total households, it not only represents a market size close to 40% of the U.S. but also a strategic entre into Latin America," stated Andrew Duncan, director of business development for GTX Corp. "We are pleased to add C&R to our growing list of international partners and look forward to meeting with Claudio this week in our office to discuss our product rollout and strategic initiatives for the rest of the year."

With an estimated 1 million Americans currently living in Mexico, the country is also seeing a growing number of U.S. retirees, attracted by better weather, similar to Florida, Arizona and California, which benefit from a more relaxed lifestyle, affordable quality health care and an overall much lower cost of housing and living.

Claudio Quinzanos, C&R Care Solutions CEO, stated, "We are excited to be offering the GPS SmartSole as well as other smart and useful GPS solutions from GTX Corp, to caregivers in the senior assistance market for those suffering from Alzheimer's and dementia, as well as the security market to help prevent criminal acts such as kidnappings. We are convinced that this discreet, accurate, wearable tracking technology is the best solution to fulfill our customers' needs and makes for a better and safer society in Mexico and all over the world."

GTX Corp's patented GPS SmartSoles are the world's first wearable yet invisible technology that are placed in the wearer's shoes and contain a GPS tracking chip connected through a global cellular network that sends a signal to a central monitoring website or app showing the exact location of the individual wearing the SmartSoles. They come in several trim to fit sizes for both men and women, are made with the highest quality electronic components and assembled in Rhode Island, U.S.A. 

The simplicity behind the SmartSole Platform is that when someone wanders off, becomes lost or abducted, a text or email alert is sent to a caregiver's phone and computer with a direct link to a Google map plotting the wanderer's location. Alerts can be directed to a local authority and/or a private Call Centre to provide continuous monitoring and support.

GPS SmartSole consumer order information and 6 months interest free financing.

About GTX Corp
GTX Corp (GTXO) is a pioneer in Smart, Mobile and Wearable GPS, cellular and BLE tracking and recovery technology. Headquartered in Los Angeles, California, with distributors in over 14 countries, GTX is known for its game-changing and award-winning patented GPS Smart Shoe, blockbuster Smartphone GPS Tracking App, and innovative GPS and BLE SmartSole. GTX provides solutions that answer the "where" question: where is my mother, child, employee, vehicle, drone and high value assets. Through a proprietary global enterprise IoT monitoring platform and licensing subscription business model, the Company offers a complete end to end solution of hardware, middleware, apps, connectivity and professional services. Letting you know where or how someone or something is at the touch of a button, delivering security and peace of mind in an instant. GTX Corp also owns and operates LOCiMOBILE, Inc which develops applications for smart phones and tablets and Code Amber Alertag. The Company has a comprehensive intellectual property strategy and owns an extensive portfolio of patents, patents pending, registered trademarks, copy rights and URL's.

The patented GTX Corp wearable technology products and tracking devices, enable wearers to be monitored remotely, thereby helping to ensure their safety in case they wander or become lost due to cognitive disorders such as Alzheimer's, dementia, autism and TBI. For more information on the Company's flagship product the GPS SmartSole visit us:

Online: www.gtxcorp.com www.gpssmartsole.com

Social media -- #withyou #smartsole
www.facebook.com/gtxcorpcom
www.twitter.com/gtxcorp
www.pinterest.com/gtxcorp
www.instagram.com/gtxcorp
www.linkedin.com/in/gtxcorp

Disclaimer: 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.

Forward Looking Statements
This news release contains forward-looking statements. The terms and phrases "expects," "would," "will," "believes," and similar terms and phrases are intended to identify these forward-looking statements. Forward-looking statements are based on estimates and assumptions made by GTX in light of its experience and its perception of current conditions and expected future developments, as well as other factors that GTX believes are appropriate in the circumstances. Many factors could cause GTX's actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements. Certain risk factors that may cause actual results to differ are set forth in GTX's Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (which may be obtained at http://www.sec.gov). These factors should be considered carefully, and readers should not place undue reliance on GTX's forward-looking statements. GTX has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

  • Turkey to Publicize Details From Its Investigation Into Jamal Khashoggi's Killing
    World
    Time

    Turkey to Publicize Details From Its Investigation Into Jamal Khashoggi's Killing

    The announcement on Sunday by Turkish President Recep Tayyip Erdogan that he will “go into detail” about the Khashoggi case in a speech in parliament heightened hopes for some clarity in a case that has been shrouded in mystery, conflicting accounts and shocking allegations since Khashoggi, a critic of Prince Mohammed bin Salman, disappeared after entering the consulate on Oct 2. Erdogan spoke after Saudi Arabia, in a statement early Saturday, finally acknowledged that 59-year-old Khashoggi had died in the consulate, though its explanation that he was killed in a “fistfight” was met with international skepticism and allegations of a cover-up designed to absolve Prince Mohammed of direct responsibility.

  • The ‘smart money’ says it’s time to buy the Chinese internet giants and the U.S. FAANGs
    News
    MarketWatch

    The ‘smart money’ says it’s time to buy the Chinese internet giants and the U.S. FAANGs

    When the media and investors turn negative on stocks but the “smart money” is bullish, it’s a good time to think about buying. After all, exactly what is the smart money, and how do you know? Lately, several fund managers who pass this test have been pounding the table on Chinese internet names.

  • Can AMD Stock Go on a Bull Run Once Again?
    Business
    Motley Fool

    Can AMD Stock Go on a Bull Run Once Again?

    Advanced Micro Devices (NASDAQ: AMD) shares have fallen off a cliff over the past month, as investors are probably concerned about whether it can sustain its rally in the face of a fading tailwind and rising competition. The chipmaker has minted a lot of money thanks to cryptocurrency mining, but that catalyst is fizzling out and rival NVIDIA (NASDAQ: NVDA) has launched a new generation of graphics chips to reclaim its lost market share. AMD blames weak GPU sales to the cryptocurrency market for this slowdown, but recent developments indicate that it could easily surpass the low-balled guidance.

  • Rep. Gabbard on how US should respond to Khashoggi's death
    World
    Fox Business Videos

    Rep. Gabbard on how US should respond to Khashoggi's death

    Saudi prosecutors say 18 Saudis are being held as suspects in Jamal Khasoggi's death; reaction from Democratic Rep. Tulsi Gabbard.

  • Which Canadian Marijuana Stock Will Enjoy a Bigger Bump From Its NYSE Listing -- Aphria or Aurora?
    Business
    Motley Fool

    Which Canadian Marijuana Stock Will Enjoy a Bigger Bump From Its NYSE Listing -- Aphria or Aurora?

    Maybe Wall Street should be called "Weed Street." Big Canadian marijuana grower Canopy Growth listed its stock on the New York Stock Exchange (NYSE) earlier this year. Aurora Cannabis (NASDAQOTH: ACBFF) begins trading on the NYSE on Tuesday, Oct. 23. Aphria (NASDAQOTH: APHQF) filed last week to list its stock on the NYSE.

  • This Warren Buffett Stock Is Dirt Cheap Right Now
    Business
    Motley Fool

    This Warren Buffett Stock Is Dirt Cheap Right Now

    Warren Buffett has amassed a large portfolio of bank stocks for Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) with major holdings in Bank of America (NYSE: BAC), Wells Fargo (NYSE: WFC), and American Express (NYSE: AXP), just to name a few of the most well-known and largest investments. Synchrony is a major issuer of store-branded credit cards and also operates a rapidly growing online banking platform.

  • Say Goodbye to Amazon's Blockbuster Revenue Growth
    Business
    Motley Fool

    Say Goodbye to Amazon's Blockbuster Revenue Growth

    Throughout its history, Amazon (NASDAQ: AMZN) has possessed a certain ingenuity in finding new ways to grow. Just when the company seems to be maturing in one sector, it finds a new one to jump into. Since the company's early history, its quarterly revenue growth has cycled between 15% and 50%, depending on where it is in the growth cycles in the above businesses.

  • Better Buy: Ford Motor Company vs. General Motors
    Business
    Motley Fool

    Better Buy: Ford Motor Company vs. General Motors

    Both Ford Motor Company (NYSE: F) and General Motors (NYSE: GM) have been investor favorites in the not-too-distant past, and both pay good dividends. Ford has a slew of new products on the way, starting with a brand-new Ranger pickup early next year. Ford and GM have both had a rough year in the stock market.

  • Religious Extremists Got Their Justice. Now They're Going To Strip LGBTQ Rights.
    Politics
    HuffPost Opinion

    Religious Extremists Got Their Justice. Now They're Going To Strip LGBTQ Rights.

    While much of the country was in an uproar over the nomination (and confirmation) of Brett Kavanaugh to the U.S. Supreme Court, anti-LGBTQ religious extremists in Texas filed a federal lawsuit against the city of Austin targeting its anti-discrimination ordinance protecting LGBTQ people, claiming it infringes on their religious liberty. Like many municipalities and less than half of U.S. states, Austin protects gay, lesbian, bisexual and transgender people broadly from discrimination in housing, employment and public accommodations.

  • Don’t cheat yourself with the 4% rule
    Business
    MarketWatch

    Don’t cheat yourself with the 4% rule

    If you’re planning for retirement, you’re probably thinking about how much you’ll need, how long the money will last, and how much you can safely take out each year. You recognize that in retirement there will be a balancing act between spending on current needs while also preserving enough for your later years. Instead, all-too-often, retirees use simplified rules of thumb to determine how much to take out each year.

  • Better Buy: Aurora Cannabis Inc. vs. Canopy Growth Corporation
    Business
    Motley Fool

    Better Buy: Aurora Cannabis Inc. vs. Canopy Growth Corporation

    Canadian marijuana producers have entered a new era. After several years of supplying medical marijuana nationwide, they have begun moving into Canada's recreational marijuana market, which opened on Oct. 17. Canopy's share price has soared three times higher than Aurora's has.

  • Saudi Summit Loses Its Swagger as Elites Question Kingdom
    World
    Bloomberg

    Saudi Summit Loses Its Swagger as Elites Question Kingdom

    Hosted by the kingdom’s sovereign wealth fund, the three-day conference that kicks off in Riyadh on Tuesday was meant to showcase the opportunities created by reform efforts to break the economy’s dependence on oil and unveil billion-dollar contracts in front of the world’s business elite. Saudi Arabia and Crown Prince Mohammed bin Salman -- who posed for selfies with hundreds of delegates at last year’s conference -- will be keen to show that it’s business as usual in the kingdom, even as European leaders and President Donald Trump demand more information on how the Washington Post columnist was killed at its consulate in Istanbul. No-shows from the likes of Deutsche Bank AG’s Christian Sewing, JPMorgan Chase & Co.’s Jamie Dimon and BlackRock Inc. Chief Executive Officer Larry Fink will deal a blow to the 33-year-old leader and the kingdom, which has built close ties with Wall Street executives and relies largely on global banks to finance its ambitious plans.

  • Democrats Hold a 9-Point Lead in Midterms. But Trump's Job Rating Is at an All-Time High
    Politics
    Fortune

    Democrats Hold a 9-Point Lead in Midterms. But Trump's Job Rating Is at an All-Time High

    Democrats hold a nine-point lead going into the midterm elections Nov. 6, but President Donald Trump’s job rating is at an all-time high, according to a new NBC News/Wall Street Journal poll. The Democrats’ nine-point lead is among likely voters, who prefer Democratic Congressional candidates over Republicans by that margin. Trump’s job rating among registered voters between Oct. 14 and 17 was at 47% approve to 49% disapprove, compared to 44% approve and 52% disapprove a month earlier.

  • Opportunities Seen in Bahrain, Oman, Arquaam Capital's Hussain Says
    Business
    Bloomberg

    Opportunities Seen in Bahrain, Oman, Arquaam Capital's Hussain Says

    Oct.22 -- Abdul Kadir Hussain, the head of fixed income at Arqaam Capital, a Dubai-based investment bank, talks about Saudi Arabia's evolving account of the death of Jamal Khashoggi, the market implications, and the opportunities he sees in other countries.. He speaks with Yousef Gamal El-Din on Manus Cranny on "Bloomberg Daybreak: Middle East."

  • 3 Dividend Stocks That Pay You More Than Coca-Cola Does
    Business
    Motley Fool

    3 Dividend Stocks That Pay You More Than Coca-Cola Does

    With a better than 50-year history of paying dividends, Coca-Cola (NYSE: KO) is seen as an icon of stable, strong, secure payouts. Although Coke and its dividend are not in trouble, there are better investments to be found. Three stocks that these Motley Fool contributors particularly like are Dominion Energy (NYSE: D), AbbVie (NYSE: ABBV), and MGM Growth Properties (NYSE: MGP).

  • Business
    Benzinga

    Barron's Picks And Pans: Alibaba, Citizens Financial, FAANG Stocks And More

    This weekend's Barron's cover story shows why emerging markets may be ready to rebound. Other featured articles examine why stocks will rally in 2019 and how to play preferred stock as yields rise. Also: the prospects for Chinese internet giants and

  • 3 Warren Buffett Stocks Worth Buying Now
    Business
    Motley Fool

    3 Warren Buffett Stocks Worth Buying Now

    Known as the Oracle of Omaha, Warren Buffett has collected both an incredible investment record and a deservedly vast following among investors of all types. Every move he makes is scrutinized in the hope of gleaning  wisdom from his investment choices.

  • How the Heck Did Netflix Stock Go Down Last Week?
    News
    Motley Fool

    How the Heck Did Netflix Stock Go Down Last Week?

    Everything seemed to go right for Netflix (NASDAQ: NFLX) last week. It has another hit on its hands with The Haunting of Hill House, an eight-part horror series based on Shirley Jackson's novel that has even won the praise of the immortal Stephen King. Netflix is killing it, but investors are unfortunately singing a different tune.

  • Hate Taxes? 37 States Make Social Security Tax Free
    Business
    Motley Fool

    Hate Taxes? 37 States Make Social Security Tax Free

    Over the course of your career, you'll probably have tens of thousands of dollars in Social Security payroll taxes withheld from your paychecks. Workers are confident that by paying those taxes up front, they'll be able to collect Social Security benefits

  • 3 Reasons Alibaba Stock Could Rise
    Business
    Motley Fool

    3 Reasons Alibaba Stock Could Rise

    After reaching an all-time high of $211.70 in June, Alibaba (NYSE: BABA) shares have shed nearly a third of their value as fears of an escalating trade war between China and the U.S. rattled investors. China's e-commerce market will grow to $1.8 trillion by 2022, according to Forrester, up from $1.1 trillion this year. With only 38% of China's 1.4 billion people currently making purchases online, this massive market is set to grow briskly for many years to come.

  • Tesla CEO Elon Musk Signals 'Dog Mode' Could Be on the Way
    Business
    Fortune

    Tesla CEO Elon Musk Signals 'Dog Mode' Could Be on the Way

    Tesla is considering fixing one of the most important issues for dog owners with a car—at least according to a tweet from Elon Musk. The company’s CEO replied to a tweet late this week signaling that the company could add a “dog mode” feature for when a pet owner has to step away from their car while leaving their furry friend inside. Tesla introduced a v8 software in 2016 that provided a feature called “Cabin Overheat Protect” that would keep the car at a “safe” temperature for a duration of time, and operates even when the car is off, according to electrek, which first reported on Musk’s response. The feature was designed for child and pet safety.

  • Get Ready for Intel Earnings
    Business
    Motley Fool

    Get Ready for Intel Earnings

    Ahead of Intel's earnings release, it's worth recapping what the company told investors to expect and what the analyst community is expecting. When Intel released its second-quarter financial results on July 26, it provided detailed financial guidance for the subsequent quarter, as well as for the full year. The company told investors to expect third-quarter revenue of between $17.6 billion and $18.6 billion and operating margin of "approximately" 32.5%.

  • Here's Which Marijuana Stocks Investors Are Betting Against the Most
    Business
    Motley Fool

    Here's Which Marijuana Stocks Investors Are Betting Against the Most

    Canada's recreational marijuana market is now open for business. Some are confident enough that certain marijuana stocks will fall that they're putting a lot of money on the line expecting that's exactly what will happen. The marijuana grower's low stock float and wild swings over the last month have received a lot of attention.

  • Business
    Benzinga

    Bulls & Bears Of The Week: Apple, Disney, Ford, Home Depot And More

    Benzinga has featured looks at many investor favorite stocks over the past week. Bullish calls included leaders in entertainment, tobacco and video games. Bearish calls included a Detroit automaker and big box retailer. Last week began with a mystery

  • A Reduced Payout Could Be Coming for These 3 High-Yield Dividend Stocks
    Business
    Motley Fool

    A Reduced Payout Could Be Coming for These 3 High-Yield Dividend Stocks

    The bull market has been churning higher for nearly 10 years now as the S&P 500 has more than quadrupled since the market bottom in 2009. Investors in some high-yield dividend stocks may be worried about a payout cut, especially with rising interest rates making bonds more appealing. Let's take a closer look at three high-yield dividend stocks that could see a reduced payout.