hich would include a series of applications that would be geared for the enterprise user, by offering ‘private label’ versions of the company’s consumer applications to companies looking for a more personalized and secure methods of keeping track of their employees. The company’s roadmap also consists of additional applications for the iPad, other tablets, TVs, and more applications for the iPhone and Google Android operating systems, all of which are expected to contribute to the company’s user base community, the value of its brand, and revenues from application sales, monthly subscriptions, and advertising. The LOCiMOBILE applications could be downloaded to the user’s smartphone from the company’s www.locimobile.com Website, the Apple iTunes online store, and the Android Marketplace. CANS CANS is a U.S. and Canadian syndicator of all state Amber Alerts providing Website tickers and news feeds to merchants, Internet service providers, affiliate partners, corporate sponsors, and local, state, and federal agencies, as well as marketing and selling the patent pending electronic personal health record Code Amber Alertag. The Alertag is a product and service that provides worldwide access to critical personal information in emergency situations for persons who subscribe to the product and service. Other Location Products In addition to marketing the company’s own proprietary products, the company markets and sells the line of Prime devices, the GTX AVL, and the 'Micro LOCi', tracking devices that are manufactured by third party suppliers. The Prime is a certified quad-band integrated device that provides GSM/GPRS functionality for mobile tracking applications, which is waterproof, shock proof and comes with a SOS button. The micro LOCi is a certified quad-band integrated device that provides GSM/GPRS functionality for mobile tracking applications. The GTX AVL is a vehicle tracking device. These products are sold under the company’s GTX brand, and they could be branded with other companies’ names. All these devices operate through, and use the company’s middleware platform and viewing portal. These devices could be sold individually or as a complete solution, including platform and wireless connectivity. Growth Strategy The strategy is to establish licensing relationships with key industry partners who would embed the company’s technology into their products to sell to their established customer base. Key elements of its strategy include providing its personal locator embedded module to licensees to empower their products with two-way GPS tracking capabilities; and ease of use at the location interface point, as well as with the device. Intellectual Property The company holds approximately 17 U.S. issued patents and has 2 foreign patents pending, the majority of which cover all aspect of the personal locator, its operating system and user interface. The company has a multi-patent licensing agreement with a third-party for the rights to an additional 62 domestic and international patents. Government Regulation The company is subject to federal, state, and local laws and regulations applied to businesses, as well as the Federal Communications Commission, IC, and CE wireless device regulations and controls. Competition The company competes with Location Based Technologies, Inc.; Google Latitude; Foursquare; Trimble Navigation, Inc.; Brick House Security; and SOS Gps, Inc. History GTX Corp was founded in 2002.
(GTXO:OTC Markets Group Inc - Current Information)
117 West 9th Street
Los Angeles, CA 90015
|Location Based Technologies Inc||$0.0077 USD||-0.0006|
|LoJack Corp||$3.64 USD||+0.07|
|TomTom NV||€10.02 EUR||+0.141|
|Trimble Navigation Ltd||$24.25 USD||+0.15|
|Webtech Wireless Inc||C$2.40 CAD||-0.04|
|View Industry Companies|
|Price/Cash Flow||NM||Not Meaningful|
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