GTX Corp (GTXO) Launches Smart Wearables to Personal Protective Division

(NEW YORK)– GTX Corp (GTXO), a pioneer in the field of health and safety wearable technology and an Industry Wired top company to watch in 2020 today announced the addition of two new products expanding its Personal Protective Equipment (PPE) offerings.

Financial Results

Product sales increased 63% over 2019 comparable period.
Service income increased 31% over 2019 comparable period.
Total operating expenses decreased 41% from 2019.
Loss from Operations decreased 47% from 2019.
Revenues decreased by 6% over 2019 comparable period, however, Company achieved profitability.

About GTX Corp

GTX Corp (GTXO) is a pioneer in smart, mobile, and wearable GPS tracking and recovery location-based solutions designed around health and safety. Supported through a proprietary IoT enterprise monitoring platform and intellectual property portfolio, GTX offers a global end-to-end solution of hardware, software, and connectivity, and develops tracking technologies, which seamlessly integrate with consumer products and enterprise applications. GTX is known for its game-changing and award-winning patented GPS SmartSole® — think Dr. Scholl’s meets LoJack, the world’s first invisible wearable technology tracking device created for those at risk of wandering due to Alzheimer’s, dementia, autism and traumatic brain injury. GTX utilizes the latest in miniaturized, low power consumption GPS, Cellular, RF, NFC and BLE technology, enabling subscribers to track in real time the whereabouts of people or high value assets. GTX is also in the protective medical supply business and has developed innovative technology driven solutions. The company has customers in all 50 States and international distributors servicing customers in over 35 countries. The Company’s customers range from the U.S. Military, Foreign Military, public health authorities and municipalities, emergency, and law enforcement, first responders, private schools, assisted living facilities, NGOs, small business enterprises, senior care homes, and direct to consumer.

Disclaimer:
This is NOT a solicitation to Buy or Sell any security, but rather is for informational purposes only. Content contained herein includes facts, views, opinions and recommendations of individuals and organizations deemed of interest. DataElf (“DataElf”) does not guarantee the accuracy, completeness or timeliness of, or otherwise endorse these views, opinions or recommendations, or give investment advice. In Compliance with SEC Rule 17B DataElf was compensated one million restricted shares under business development relationship through its parent company, and thus should be considered a conflict of interest. DataElf, or its affiliates, may hold a position in above securities from time to time, and thus should be considered a possible conflict of interest when reviewing this report and information. As of date of this alert, DataElf, or any of its affiliates, held no positions in securities mentioned above. These investments may involve a high degree of risk, thus investors are highly encouraged to consult with a financial adviser before any and all investments.

Safe Harbor Statements:
This website includes statements that may constitute forward-looking statements made pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Although the Company believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected.

High Risk
Small and Micro cap, or ‘penny stocks’, involve a high degree of risk, and we highly encourage investors to consult with a financial adviser before making any and all investment decisions when investing in these type of securities

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