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Previous quote is from this article:
https://www.rfidjournal.com/articles/view?18816/
Wonder how this pilot program is going?
"GTX is currently piloting its NFC temperature sensor tags with Camanchaca, a fish company that imports hundreds of thousands of pounds of seafood out of Chile into ports in Los Angeles, Miami and Seattle. By applying a tag to each crate of fish, then reading all of those tags at various points in the supply chain, Camanchaca is gaining visibility into the conditions to which the meat is exposed before reaching a store, and it is able to provide that information to its customers. "
Nice! Thank you, sorc92.
Most likely a low ball flip.
LOL, until ETRF threw the 259K at .008 as a wet blanket to halt the progress that was being made.
Thinking news stream should increase by late November.
From last Q:
On August 14, 2019, TruTrace announced the completion of Phase 1 of Shoppers Pilot Program. The Pilot Program is specifically designed to increase transparency, interoperability and product identification within the medical cannabis industry. Shoppers has also engaged TruTrace and Deloitte Canada LLP ("Deloitte") to execute Phase 2 of the Pilot Program, with full production and implementation of TruTrace's StrainSecure platform targeted for late November 2019. "We have been encouraged by the response to this traceability initiative. There is a clear consensus within the cannabis industry that the source and quality of medical cannabis must be transparent and identifiable in order to meet the expectations of patients and health care practitioners," said Ken Weisbrod, Vice President of Business Development, Shoppers Drug Mart. "It is more important than ever to be able to assure all stakeholders, from regulators to health care practitioners, that the medical industry is taking the necessary steps to establish the infrastructure required to deliver standardized, consistent medication to our patients. Shoppers has turned to two trusted leaders, TruTrace and Deloitte Canada LLP, to assist us in the second phase of the project."
Nothing that I could find.
Wonder what "GTX was live" means in FB post.
https://www.facebook.com/gtxcorpcom/
Guess I should have waited a couple of hours, too. No matter. It's going in the sock drawer anyway. No hurry.
Added some down here below .09.
HIMSS trying to figure out the best way to understand telehealth
https://www.biopharmapress.com/himss-trying-to-figure-out-the-best-way-to-understand-telehealth/
Shreyas TannaOctober 29, 2019
telehealth
In a board meeting this previous week at the HIMSS Connected Health Conference in Boston, Dr. John Halamka, a global human services development educator at Harvard Medical School, and four other telehealth specialists attempted to land at the meaning of exactly what telehealth is.
It’s a term that implies various things to various individuals, all things considered, regardless of whether it’s a country patient talking over an iPad with a specialist in the closest urban setting, or AI-fueled remote observing of ceaseless conditions through associated IoT innovation.
What’s more, it’s a term that is quickly changing, as telemedicine all of a sudden winds up getting to be typical following quite a while of work to deal with the administrative, repayment and PR challenges that had shielded it from speaking to the sizable extent of care conveyance that many figures it should.
After some discourse, Halamka chose an expression innovation that empowered medicinal services writ huge.
Furthermore, throughout the following hour, talk among different specialists – Roy Schoenberg, CEO of American Well; that organization’s President of Customer Solutions Mike Baird; Dr. Lyle Berkowitz, boss therapeutic official at MDLIVE and a long-term doctor IT pioneer at Northwestern, and John Korangy, CEO of Careclix – clarified that the change telehealth is bringing to conventional social insurance plans of action will likewise be writ enormous.
Through Schoenberg’s eyes, social insurance is an industry that, for some, numerous decades has been seen as something that is block and concrete based – you need to go to the human services when you need it.
Be that as it may, all of a sudden, he stated, that is changed, and human services development is presently filled by the idea that innovation can extend its aptitudes.
In reality, said Korangy, the development of telehealth innovation, its expanding omnipresence, and the solace level suppliers have given it something to do for an assortment of clinical use-cases, recommends that the minute isn’t too far-removed that telehealth is simply medicinal services.
Check out the firm SOLI's using for their Email Subscriptions link on the SOLI website. Company is no joke. Wonder what else they're using them for.
https://www.issuerdirect.com/
Issuer Direct Corporation
1 Glenwood Ave, Suite 1001
Raleigh, NC 27603
USA
GTXO website was down all day. Message now.
Guessing they're making some updates!
https://gtxcorp.com/
Now loads just fine with Firefox.
From ShipChain Twitter:
https://twitter.com/ShipChain?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor
https://blog.shipchain.io/the-dispatch-report-october-2019-issue-no-12/
ShipChain Joins Forces with GTX Corporation
We announced a partnership with GTX Corp, a global tech leader offering a suite of GPS and NFC tracking location-based services, earlier this year. Together, we are building an NFC blockchain shipment tracking solution. Additionally, we have begun offering GTX enabled services to all of our customers as part of the expanding partnership. We will be announcing a joint customer in the coming months.
Trying for a small fill at .28.
Did he mention the 40% OS share reduction?
Thanks, sorc92. I don't remember anyone ever talking to him before and I've been around here a long, long time.
Thanks for the continuing updates, was16!
That's the only split GTXO has ever done and the OS was about a billion then.
The reverse split enabled GTXO to move up to the OTCBQ tier on OTCMarkets. The only other split GTXO did was a forward split in 2008.
https://gtxcorp.com/gtx-corp-announces-strategic-plan-to-up-list-to-the-otcqb-venture-exchange/
Patents by Inventor Patrick E. Bertagna
https://patents.justia.com/inventor/patrick-e-bertagna
Patrick Bertagna, Founder, CEO and Chairman
https://gtxcorp.com/board-of-directors/
GTX Global was NEVER GTX Corp(GTXO)
Solar Panel Homeowners Targeted by California Utilities
https://www.globenewswire.com/news-release/2019/10/21/1932495/0/en/Solar-Panel-Homeowners-Targeted-by-California-Utilities.html
Hedge Against Utility Rate Changes with NeoVolta’s NV14 Energy Storage System
October 21, 2019 08:00 ET | Source: NeoVolta Inc.
SAN DIEGO, Oct. 21, 2019 (GLOBE NEWSWIRE) -- Across California, homeowners with rooftop solar may soon be facing much higher monthly utility bills.
San Diego Gas & Electric is trying to raise its minimum utility charge from $10 to $38 per month. Starting in November 2019, new solar users in Merced will have to pay a $65 monthly fee—including those who have purchased a home from an existing solar user. Meanwhile, Redding’s electric utility is attempting to slash the net metering credit (for negative net consumption) and charge all solar users a new $10 per month fee.
Why are so many California homeowners being penalized just for having solar?
The utility companies claim that solar customers are not paying their fair share to operate and maintain the electric grid. They say this unfairly shifts the burden to the other customers who don’t have solar. That’s right, the utility companies are all about “fairness” now.
In fact, solar actually reduces a household’s burden on the grid. More self-generated power means less power the utilities have to generate themselves or purchase from power plants. This drives down the market price of energy, which benefits all ratepayers. With more homes generating their own power, fewer transmission/distribution upgrades are needed. Communities become more resilient to major power outages. In short, rooftop solar threatens the utility companies’ profit margins, so they’re doing whatever they can to undermine solar.
With home solar under attack by the utility companies, how do homeowners fight back? One way is to pair their rooftop panels with an energy storage system. With these systems, self-generated solar power is stored for use when there is no sunshine—including evening hours, when Time of Use utility rates are often twice as high. Storage systems also provide critical backup power, keeping homes comfortable and connected in the event of a blackout.
One of the most sophisticated energy storage systems on the market comes from San Diego: the NeoVolta NV14. The NV14’s advanced lithium iron phosphate battery is designed for safety and a longer life cycle than ordinary lithium ion batteries. It has a high storage capacity of 14.4 kilowatt hours (kWh) and delivers 7.6 kW of continuous power, easily outperforming competitors in its class.
The NV14 can connect with any residential solar installation—new or existing, AC or DC. Homeowners who require more storage capacity can add a second battery and avoid the expense of installing another entire system (inverter and battery); this option will be available in November 2019. With NeoVolta’s NV14, homeowners can design a system that is tailored to their needs and see significant savings on their monthly bill.
“These solar fees are an outrageous attempt by California utility companies to wipe out the financial incentives of home solar,” said Brent Willson, CEO of NeoVolta. “If your utility company tries to penalize you for having solar, make your voice heard in the community and with your representative in Sacramento. And by installing the powerful, long-lasting NV14 storage system, you can protect yourself from utility company pricing manipulations for years to come.”
About NeoVolta - NeoVolta designs, develops and manufactures utility-bill reducing residential energy storage batteries capable of powering your home even when the grid goes down. With a focus on safer Lithium-Iron Phosphate chemistry, the NV14 is equipped with a solar rechargeable 14.4 kWh battery, a 7,680-Watt inverter and a web-based energy management system with 24/7 monitoring. By storing energy instead of sending it back to the grid, consumers can protect themselves against blackouts, avoid expensive peak demand electricity rates charged by utility companies when solar panels aren’t producing, and get one step closer to grid independence.
For more information visit: http://www.NeoVolta.com email us: IR@NeoVolta.com or call us: 858-239-2029
Forward-Looking Statements: Some of the statements in this release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995, which involve risks and uncertainties. Forward-looking statements in this press release include, without limitation, the continued increase in utility rates. Although NeoVolta believes that the expectations reflected in such forward-looking statements are reasonable as of the date made, expectations may prove to have been materially different from the results expressed or implied by such forward-looking statements. NeoVolta has attempted to identify forward-looking statements by terminology including ''believes,'' ''estimates,'' ''anticipates,'' ''expects,'' ''plans,'' ''projects,'' ''intends,'' ''potential,'' ''may,'' ''could,'' ''might,'' ''will,'' ''should,'' ''approximately'' or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors, including those discussed under the "Risk Factors" section of NeoVolta’s Form 1-A filing filed with the Securities and Exchange Commission ("SEC") and updated from time to time in its other public filings with the SEC. Any forward-looking statements contained in this release speak only as of its date. NeoVolta undertakes no obligation to update any forward-looking statements contained in this release to reflect events or circumstances occurring after its date or to reflect the occurrence of unanticipated events.
NEOV moved from Grey Market to Pink Current.
GTXO Outstanding Shares still 62,550,246 10/04/2019
https://www.otcmarkets.com/stock/GTXO/security
Thank YOU, Knife, for your early posts. I've been here since 1.20.
Fallingknife75 Member Level Tuesday, 01/08/19 02:46:30 PM
Re: None 0
Post # of 2937
Share price is holding up well. I was expecting a re-test of support in the $1.10-1.20 area but it looks like that may not happen.
Buy-Hold-Retire before your old,
Knife
I agree. Doesn't seem to be hurting pps.
"Colorado’s largest cannabis grower loses millions of dollars in early freeze; supply disruption expected"
https://mjbizdaily.com/colorados-largest-cannabis-grower-loses-millions-in-early-freeze-supply-disruption-expected/?utm_medium=email&utm_source=mjbiz_daily&utm_campaign=MJD_20191016_NEWS_Daily
Nice GTXO open.
I agree and don't mind waiting.
Plus, current pps provides perfect opportunity for adding shares.
Favorite part of recent article:
TruTrace’s seed-to-sale tracking tackles two pain points in the cannabis industry: it modernizes the inventory tracking system and provides customers with details about a product’s lab test results and cultivar.
As a result, TruTrace is working with at least ten major producers, which include Harvest One Cannabis, WeedMD Inc, Aphria Inc, Aurora Cannabis Inc, The Flowr Corporation, Tilray Canada Ltd, United Greeneries, and Zenabis Global Inc.
Well-known medical cannabis producer WeedMD is a big believer. The Ontario-based company saw 40 of its cannabis strains undergo validation as part of the first phase of its pilot program with TruTrace.
Clearly, things are moving in the right direction as the company’s net loss in the fiscal first quarter shrunk to $1.7 million, compared to $9 million in the same period a year earlier.
Nextleaf Solutions Adds Former Health Canada Inspector Dr. Sherry Boodram to Board of Directors
VANCOUVER, Canada -- October 16, 2019 -- InvestorsHub NewsWire -- Nextleaf Solutions Ltd. ("Nextleaf", "OILS", or the "Company") (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA), an extraction technology company that owns a portfolio of eight (8) issued and 35 pending patents pertaining to industrial-scale extraction, purification and formulation of cannabinoids, announced today that it has added Dr. Sherry Boodram, former Senior Regulatory Compliance Officer with Health Canada, to its Board of Directors, effective immediately.
Currently, Dr. Boodram is the co-founder and CEO of CannDelta Inc. ("CannDelta") - a regulatory and scientific cannabis consulting company based out of Toronto, Canada - where she provides regulatory expertise and develops strategies to ensure regulatory compliance within Canada's existing legal cannabis framework.
"The serious regulatory infractions by several large Canadian licensed cannabis producers, along with an expanded scope of cannabis products through legalization 2.0, reinforces the critical role that compliance oversight plays in building a cannabis company all stakeholders can be proud of," stated Paul Pedersen, co-founder and CEO of Nextleaf Solutions. "Sherry is amongst the most credible and qualified cannabis regulatory experts in Canada, and we believe her background, insights, and industry experience will add tremendous value to our Board."
Prior to founding CannDelta, Dr. Sherry Boodram spent several years in the Canadian federal government, most notably with Health Canada's Medical Cannabis Program as a Senior Regulatory Compliance and Enforcement Officer. She was responsible for licensing application reviews and on-site facility inspections under the legislative regimes of the Marihuana for Medical Purposes Regulations (MMPR) and Access to Cannabis for Medical Purposes Regulations (ACMPR). Dr. Boodram also provided field level input during the drafting of the current Cannabis Regulations.
"Being a company with values I can stand behind, I'm very excited to serve alongside Nextleaf's existing Board members and with their talented executive team," stated Dr. Sherry Boodram. "Moreover, I look forward to maximizing the unique knowledge and experience I gained while at Health Canada's Medical Cannabis Program, and in the cannabis industry as a whole, to provide expertise in support of Nextleaf's ongoing commitment to regulatory compliance, good governance, and long-term growth as a leader in cannabis extraction technology."
Dr. Boodram holds a Ph.D. in Chemistry from York University, a B.Sc. (Hon) from the University of Toronto, and a Graduate Certificate with Honours in Pharmaceutical Regulatory Affairs and Quality Operations from Seneca College. Dr. Boodram is also a member of the Canadian Association of Professionals in Regulatory Affairs (CAPRA).
Option Grant
The Company has awarded a director of the Company options to purchase up to 150,000 common shares of the Company pursuant to the Company's Stock Option Plan, exercisable at a price of $0.50 per share.
About Nextleaf Solutions
Nextleaf Solutions Ltd. ("OILS") is developing disruptive intellectual property for industrial-scale extraction, purification and formulation of cannabinoids. OILS owns a portfolio of eight (8) issued and 35 pending patents pertaining to the production of high-purity, cannabinoid rich distillate, the key ingredient used in the manufacturing of standardized THC and CBD infused products. Once cannabis concentrates and edibles become legal across Canada, OILS plans to commercialize its intellectual property portfolio through IP licensing, B2B processing services, and the supply of THC and CBD oils and concentrates to qualified Canadian and international partners.
Nextleaf Solutions trades as OILS on the Canadian Securities Exchange (CSE: OILS), OILFF on the OTCQB Market in the United States (OTCQB: OILFF) and L0MA on the Frankfurt Stock Exchange (FSE: L0MA).
For more information visit www.nextleafsolutions.com or follow OILS across social media platforms: Twitter, LinkedIn, Facebook, and Instagram.
Contact:
Adel Fares, Investor Relations
604-283-2301 (ext. 201)
investors@nextleafsolutions.com
CAUTIONARY STATEMENT:
Certain statements contained in this press release constitute "forward-looking statements". All statements other than statements of historical fact contained in this press release, including, without limitation, the strategy, plans, objectives, goals and targets of each of the Company, and any statements preceded by, followed by or that include the words "believe", "expect", "aim", "intend", "plan", "continue", "will", "may", "would", "anticipate", "estimate", "forecast", "predict", "project", "seek", "should" or similar expressions or the negative thereof, are forward-looking statements. These statements are not historical facts but instead represent only the Company's expectations, estimates and projections regarding future events. These statements are not guarantees of future performance and involve assumptions, risks and uncertainties that are difficult to predict. Therefore, actual results may differ materially from what is expressed, implied or forecasted in such forward-looking statements. Additional factors that could cause actual results, performance or achievements to differ materially include, but are not limited to the risk factors discussed in the Company's MD&A for the most recent fiscal period. Management provides forward-looking statements because it believes they provide useful information to investors when considering their investment objectives and cautions investors not to place undue reliance on forward-looking information. Consequently, all of the forward-looking statements made in this press release are qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, the Company. These forward-looking statements are made as of the date of this press release and the Company assumes no obligation to update or revise them to reflect subsequent information, events or circumstances or otherwise, except as required by law. The CSE has not reviewed, approved or disapproved the contents of this press release.
SOURCE: Nextleaf Solutions Ltd.
Can Blockchain Solve Some Of The Aches Of The Cannabis Industry?
https://finance.yahoo.com/news/blockchain-solve-aches-cannabis-industry-160625679.html
[Benzinga]
Merry Jane
BenzingaSeptember 18, 2019
View photos
By MERRY JANE's David Silverberg, provided exclusively to Benzinga Cannabis.
Blockchain may be the solution for the many regulatory and oversight issues plaguing the cannabis industry — and the benefits have nothing to do with Bitcoin.
A critical question every cannabis consumer will ask at some point is, “How do I know what I’m buying is exactly what it says it is?” In recent years, blockchain is fast becoming the answer — and it has nothing to do with cryptocurrency.
Blockchain, a decentralized and transparent digital ledger, has found favor in the cannabis industry, most notably in tracking, tracing, and genome data. A strain’s genetics are stored in a smart contract — which enforces a relationship with cryptographic code — and information is added during each processing stage.
Seed-to-sale tracking innovations are being led by companies such as TruTrace Technologies (OTC: TTTSF) and Paragon in LA, and Parsl in Australia. Coin.io, a supply chain integration company, even partnered with cannabis extractor Mile High Labs in Colorado, too. They all provide B2B solutions that aim to tackle two pain points common in the cannabis industry: reform the inventory tracking system, and provide cannabis customers with exact details of a product’s lab test results, packaging dates, and cultivar.
Those lab tests speak to the processes and ingredients found in every batch of cannabis from every grower, producer, and dispensary. The cannabis has to be tested for heavy metals, pesticides, mold, and other contaminants, combined with potency and terpene levels. Labeling and testing requirements vary from state to state, but they are often draconian, and transferring details from a dispensary’s in-house point-of-sale system to the state’s tracking system has a lot of moving parts.
For the consumer, all these moving parts can be difficult to collate in one place, but a QR code scan or a similar tag can feed all that data onto a smartphone. Also, consumers want to know how rigorous the testing was done on their product; after all, Oregon’s cannabis testing system got audited this year and was found to “lack of an adequate verification process for cannabis testing results.”
In a country as vast as Canada, where recreational cannabis is now legal, some IT giants have set their sights to overhauling the country’s cannabis-inventory approach: IBM (NYSE: IBM) proposed that blockchain technology could provide an entirely transparent, tamper-proof system to track BC’s bud “from seed to sale.”
Click here for more information about the upcoming Benzinga Cannabis Capital Conference Oct. 22-23 in Chicago.
“Blockchain is rapidly becoming a world leading technology enabling the assured exchange of value in both digital and tangible assets, while protecting privacy and eliminating fraud,” the IBM report explains. “Its relevance to regulating cannabis is similar to its many chain of custody applications in areas such as pharmaceutical distribution and food chains. The core to those supply chains is the same, assuring health and safety of consumers, preventing fraud and counterfeiting while creating a foundation of transparency upon which to base regulation.”
1563905812795_TruTraceQR.jpg
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1563905812795_TruTraceQR.jpg
Above, TruTrace's QR codes affixed to a cannabis water brand
In California, TruTrace brought its blockchain-enabled StrainSecure technology to a cannabis water company. They affixed QR codes on its bottles that customers can scan and quickly learn about its test results, gleaning details about, say, THC content or terpene profiles.
In an interview, TruTrace CEO Robert Galarza told MERRY JANE, “We truly see blockchain being utilized not only to secure product identification and location, but also securing patient and consumer data to be able to connect verified products with verified patients.”
Paragon CEO Jessica VerSteeg told MERRY JANE in an interview last year that government officials don't feel comfortable with some states’ seed-to-sale tracking system. “If they can't see the info 24/7, why are they going to trust this space if they can't track and trace everything properly?”
Perhaps that’s why Rhode Island is open-minded about adopting blockchain to be implemented in a variety of government departments, particularly in the state’s cannabis tracking system. Australia’s Parsl was among many blockchain companies that applied to Rhode Island’s open call for RFPs focused solely on bringing blockchain tech to its cannabis supply chain.
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Pharmaceutical companies with cannabis divisions have been looking to blockchain to boost their track-and-trace software. TruTrace recently partnered with Canada’s Shoppers Drug Mart chain, with about 1,300 pharmacies across the country. The pilot program will harness blockchain to identify, track, and verify the source and genetics of cannabis used by medical patients.
“In cannabis, there is no NDC number [the code used to identify drugs in the U.S.],” Galaraza said. “There’s an integrity problem with cannabis, and product consistency is so important to pharmacies, who truly need to be the most knowledgeable folks when it comes to medical data.”
In a statement sent to MERRY JANE, Ken Weisbrod, Vice President of Shoppers Drug Mart, wrote, “The source of medical cannabis must be traceable and accountable for patients and practitioners to feel confident about it as a treatment. When a patient takes medication, there is an expectation that it is standardized, and they can expect consistent clinical outcomes and results. Although that's not always a guarantee within the medical cannabis industry at the moment, we're hoping this new program can help change that.”
When there’s a hub for Big Data in the cannabis industry, it should allay the worries of cannabis lovers unsure about regulation and oversight. Sebastien Pasquali, IT director of CBD isolate extractor Mile High Labs, explained, “The cannabis market is under the spotlight and it’s important for companies to be transparent about their data, especially when it comes to a product’s origin.”
He noted that adding blockchain to their supply chain operations “demonstrates our commitment to quality assurance.”
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Brian Glick, CEO of Chain.io, which is working with Mile High on adding blockchain to their product line, commented in a press release, “In more traditional industries, such as food production and pharmaceuticals, there are legacy systems and long-established ways of thinking. Because Mile High Labs is building something from scratch, they have the opportunity to do things right the first time and set an example for the rest of the industry to follow.”
Another benefit of blockchain is giving dispensaries a better way to conduct due diligence on products being supplied by growers and distributors. Is that strain truly Gorilla Glue? When someone claims that the CBD content in this or that flower strain is higher than its THC figures, can we trust those lab results?
Galarza of TruTrace sees this new emerging segment of blockchain-friendly cannabis companies as amicable competition, and he stresses the importance for everyone to be working together, not against each other. “When you mine for gold, you need a shovel, pick, and axe. If this industry is going to grow, we need all picks and shovels and axes to collaborate.”
TruTrace Technologies and AdvancedCare announce strategic plan to integrate technology platforms
TORONTO, Oct. 16, 2019 /CNW/ - TruTrace Technologies Inc. (CSE: TTT) (OTCQB: TTTSF) ("TruTrace" or "the Company"), creator of the first fully-integrated blockchain platform that registers and tracks intellectual property for the cannabis industry, and AdvancedCare, a leading clinical research, clinical and telemedicine platform used by medical professionals around the world, today announced that the two companies have entered into a letter of intent ("LOI") to begin a strategic working relationship to integrate their technologies to bring innovative solutions to the medical industry.
Pursuant to the LOI, AdvancedCare plans to integrate TruTrace's StrainSecure(TM) technology within its own platform, with the objective of providing product data directly to medical professionals, patients and researchers to ensure medication has been verified and is safe to consume. The AdvancedCare platform is used within both care plans and clinical research trials. In addition, TruTrace will include AdvancedCare as a preferred partner in its StrainSecure Ecosystem.
"We are excited about the opportunity to incorporate TruTrace's leading technology into our platform," said AdvancedCare CEO Nick Murray. "Our vision is to combine the strengths of our products to help bring greater transparency and improved clinical outcomes to the legal cannabis industry."
"AdvancedCare has developed a leading product for use in EMR and clinical trials," said TruTrace Technologies CEO Robert Galarza. "We believe there are strong synergies between our respective technologies, and together we can offer significant value to the medical cannabis industry as we connect validated product data to clinical trials. We sincerely look forward to working with them on the integration."
AdvancedCare provides businesses in the healthcare industry with simple, effective tools to securely conduct clinical trials, experiments, and research studies while providing a single platform that can also be used by nurses and physicians. By combining mobile, wearables, medication monitoring and telemedicine within a single platform, AdvancedCare enhances patient wellness and enables virtual and physical clinical research trials.
About TruTrace Technologies:
TruTrace Technologies has developed the first integrated blockchain platform to register and track intellectual property in the cannabis industry. TruTrace's technology allows cannabis growers and breeders to identify and secure rights to their intellectual property. It also streamlines the administrative process and reduces the costs of genetic and mandatory quality-control testing for legal cannabis. TruTrace's technology is proprietary, immutable and cryptographically secure, thereby establishing an accurate and permanent account for cannabis strains from ownership to market.
About AdvancedCare
AdvancedCare's platform is used by clinics and clinical research organizations to manage their day-to-day operations and clinical information. Providing a suite of telemedicine, medication monitoring, vitals monitoring and analytical tools provide clients with insights into the big healthcare data generated by millions of patient data points every day.
By leveraging the power and flexibility of AdvancedCare, clinicians are able to retrieve real-world data more efficiently and with a broader geographical reach than ever before.
Disclaimer for Forward-Looking Information
This news release includes forward-looking information within the meaning of Canadian securities legislation, including statements regarding: the ability of TruTrace and AdvancedCare to successfully integrate their technology platforms; the ability of the technology to provide product data directly to medical professionals, patients and researchers to ensure medication has been verified and is safe to consume; the ability of TruTrace and AdvancedCare to bring greater transparency and improved clinical outcomes to the legal cannabis industry. Although the Company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the Company can give no assurance that it will prove to be correct and actual results and future events could differ materially from those anticipated in such information. Forward-looking information necessarily involves known and unknown risks, including, without limitation, risks associated with: general economic conditions; adverse industry events; loss of markets; future legislative and regulatory developments in Canada, the United States, and elsewhere; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable terms; and other risks beyond the Company's control. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Company. Readers are cautioned not to place undue reliance on any forward-looking information contained in this news release. Forward-looking information contained in this news release is provided as of the date of this news release. The Company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.
SOURCE TruTrace Technologies Inc.
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/October2019/16/c1633.html
/CONTACT:
TruTrace Technologies Inc: Robert Galarza, Chief Executive Officer and Director; Media Relations: Corey Herscu, RNMKR Agency, 416-300-3030; Investor Inquiries: Swapan Kakumanu, Chief Financial Officer, 844-656-3629, swapan@trutrace.co; AdvancedCare: Nick Murray, Chief Executive Officer and Director; Investor and Media Relations, 1-800-258-9852, ir@advancedcare.com
Copyright CNW Group 2019
> Dow Jones Newswires
October 16, 2019 07:00 ET (11:00 GMT)
GTXO Outstanding Shares still 62,550,246 10/04/2019.
https://www.otcmarkets.com/stock/GTXO/security
Transfer Agent Verified
The Transfer Agent Verified Shares Program provides investors current and reliable share data. The program enables stock transfer agents to report their clients' share data, including authorized and outstanding shares, to OTC Markets Group on a regular basis via a secure, electronic file transfer. Share data provided by transfer agents is displayed on www.otcmarkets.com alongside a "Verified" logo, indicating the information is reliable and trustworthy. This data is also disseminated through OTC Markets Group's market data feeds to investors and broker-dealers.
GTXO(.0115):GPS SmartSoles Expand Government Supported Distribution in Europe
LOS ANGELES CALIFORNIA, Oct. 10, 2019 (GLOBE NEWSWIRE) -- GTX Corp (OTCQB: GTXO) (“the Company”), a pioneer in the field of wearable GPS, people and asset tracking Location-Based Services (LBS) and Real-Time Location Systems (RTLS), today announced U.K. distributor Possum, has begun supplying the GPS SmartSoles to various local and national government authorities, housing associations and National Health Services (NHS) departments, along with expanding distribution into private sector entities.
As GTX continues to expand its distribution across the U.K. The GPS SmartSole is now being used on patients in over 45 local health authorities including Scottish Borders, Warrington, Rotherham and the London Borough of Newham; major national Care Homes like Gracewell Healthcare and Sunrise Senior Living as well as numerous resellers of medical supplies and National Equipment Providers to the National Health Service (NHS) like Millbrook Healthcare.
“We are excited to see the distribution and interest of the GPS SmartSole grow across many of the major distribution channels serving the senior care and health industry in the UK” said Phil Iles Possum UK Sales Manager. “We are working on a number of big projects and expect the distribution and sale of these valuable, wearable tracking products to continue to expand and grow.”
As the Western World continues to face an unprecedented crisis related to Alzheimer’s every person diagnosed that is not bedbound is at risk of wandering and becoming lost. Wandering is one of the most common, complex, burdensome and costly behaviours of the disease and is a safety issue with far reaching implications for the person with the disease, their caregiver, law enforcement and financial providers such as Medicare, Medicaid, Department of Health and Human Services (HHS) the National Health Services (NHS) etc. For law enforcement agencies tasked with finding a missing person before they suffer a serious injury or death, that cost to the taxpayers can run around $1,500 per hour with most low tech search and rescue operations lasting 9 hours on average.
CDW Corp. a provider of technology to businesses, government and health-care organizations, including senior-care facilities has identified five key areas where technology is changing the senior-care market, including wearable devices, the Internet of Things, telemedicine, voice activation and data security.
GTX and its distribution partners, which specialize in wearable tech, IoT and telemedicine solutions are starting to see more GPS SmartSole and overall wearable tracking technology interest coming from law enforcement and other government agencies, which realize that wearable technology is probably the best way to control search costs and offset some of the search efforts to family, friends and neighbours or simply reduce the search time from hours to minutes.
Due to the rise in interest for practical and affordable tracking and monitoring solutions, GTX is also currently engaged in distribution conversations with a telemedicine industry specialist working with various police departments in the UK, and other industry distributors in Spain and France. “Our patented wearable tracking technology has caught the attention and interest of well-established telecare health industry companies and government agencies in Europe, Australia, Latin America and even Sri Lanka,” said Andrew Duncan, Director, GTX Corp. “We are also seeing an uptick in inquiries and tenders from Police departments and government agencies in the U.S.
Across Europe, GTX distributors in the U.K., Sweden, Germany and Denmark are reporting noticeable progress with local and federal agencies and municipalities, and expect to see continued increases in SmartSole sales and subscription activations throughout 2019.
GTX Corp is a For-Profit with Purpose Company which has an extensive patent portfolio, is a proud U.S. military contractor and has multiple wearable tracking products sold through its online store, Amazon and authorized resellers and distributors servicing customers across the globe.
Consumer Purchase of GPS SmartSoles
About GTX Corp
GTX Corp (GTXO) is a pioneer in smart, mobile and wearable GPS tracking and recovery location based products, supported through a proprietary IoT enterprise monitoring platform. GTX offers a global end-to-end solution of hardware, software and connectivity. GTX Corp develops 2 way GPS tracking technologies which seamlessly integrate with consumer products and enterprise applications. GTX Corp utilizes the latest in miniaturized, low power consumption GPS, Cellular, RF and BLE technology enabling subscribers to track in real time the whereabouts of people or high value assets through a complete end to end - customizable transceiver module, wireless connectivity gateway, smart phone Apps, middleware, and IoT portal. Headquartered in Los Angeles, California, GTX is known for its 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 Corp’s business model is built around technology innovation and holds over 85 patents with many issued patents in the area of GPS tracking. The company has international distributors servicing customers in over 35 countries and is a US Military Government contractor. Other customers include public health authorities and municipalities, emergency and police authorities, private companies, public and private senior care homes, and consumers.
GTX Corp is an equal opportunity employer with a history of employing a diverse workforce and US veterans; makes many of its products in the USA, is a member of the United Nations Global Compact and Trust 2 Protect partnership. The Company doesn’t just make and sell the best GPS tracking products, they deliver innovative, miniaturized, low power consumption wearable tech that provides safety, security and peace of mind at the touch of a button. GTX puts the "Where" in Wearable Tech.
Online: www.gtxcorp.com Track My Workforce | GTX Corp www.gpssmartsole.com
Social media - #withyou #smartsole #connectedandprotected #trackwhatyoulove
GTX Blog http://gtxcorp.com/press/
https://www.facebook.com/gtxcorpcom
http://www.twitter.com/gtxcorp
www.linkedin.com/in/gtxcorp
http://www.pinterest.com/GTXCorp/
http://instagram.com/gtxcorp
General information, investor relations, wholesale licensing, consumer purchase:
213.489.3019
info@gtxcorp.com
ir@gtxcorp.com
http://gtxcorp.com/contact-us/
GTX Corp United Kingdom
In the UK, GTX Corp operates from its London office. For more information, please contact:
Nelson Skip Riddle
Email: nsriddle@gtxcorp.com
Tel: +44 7785 364100
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 on the SEC Website). 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.
Attachment
New Strategic Partnership
GTX Corp
LOS ANGELES CALIFORNIA, Oct. 10, 2019 (GLOBE NEWSWIRE) -- GTX Corp (OTCQB: GTXO) (“the Company”), a pioneer in the field of wearable GPS, people and asset tracking Location-Based Services (LBS) and Real-Time Location Systems (RTLS), today announced U.K. distributor Possum, has begun supplying the GPS SmartSoles to various local and national government authorities, housing associations and National Health Services (NHS) departments, along with expanding distribution into private sector entities.
As GTX continues to expand its distribution across the U.K. The GPS SmartSole is now being used on patients in over 45 local health authorities including Scottish Borders, Warrington, Rotherham and the London Borough of Newham; major national Care Homes like Gracewell Healthcare and Sunrise Senior Living as well as numerous resellers of medical supplies and National Equipment Providers to the National Health Service (NHS) like Millbrook Healthcare.
“We are excited to see the distribution and interest of the GPS SmartSole grow across many of the major distribution channels serving the senior care and health industry in the UK” said Phil Iles Possum UK Sales Manager. “We are working on a number of big projects and expect the distribution and sale of these valuable, wearable tracking products to continue to expand and grow.”
As the Western World continues to face an unprecedented crisis related to Alzheimer’s every person diagnosed that is not bedbound is at risk of wandering and becoming lost. Wandering is one of the most common, complex, burdensome and costly behaviours of the disease and is a safety issue with far reaching implications for the person with the disease, their caregiver, law enforcement and financial providers such as Medicare, Medicaid, Department of Health and Human Services (HHS) the National Health Services (NHS) etc. For law enforcement agencies tasked with finding a missing person before they suffer a serious injury or death, that cost to the taxpayers can run around $1,500 per hour with most low tech search and rescue operations lasting 9 hours on average.
CDW Corp. a provider of technology to businesses, government and health-care organizations, including senior-care facilities has identified five key areas where technology is changing the senior-care market, including wearable devices, the Internet of Things, telemedicine, voice activation and data security.
GTX and its distribution partners, which specialize in wearable tech, IoT and telemedicine solutions are starting to see more GPS SmartSole and overall wearable tracking technology interest coming from law enforcement and other government agencies, which realize that wearable technology is probably the best way to control search costs and offset some of the search efforts to family, friends and neighbours or simply reduce the search time from hours to minutes.
Due to the rise in interest for practical and affordable tracking and monitoring solutions, GTX is also currently engaged in distribution conversations with a telemedicine industry specialist working with various police departments in the UK, and other industry distributors in Spain and France. “Our patented wearable tracking technology has caught the attention and interest of well-established telecare health industry companies and government agencies in Europe, Australia, Latin America and even Sri Lanka,” said Andrew Duncan, Director, GTX Corp. “We are also seeing an uptick in inquiries and tenders from Police departments and government agencies in the U.S.
Across Europe, GTX distributors in the U.K., Sweden, Germany and Denmark are reporting noticeable progress with local and federal agencies and municipalities, and expect to see continued increases in SmartSole sales and subscription activations throughout 2019.
GTX Corp is a For-Profit with Purpose Company which has an extensive patent portfolio, is a proud U.S. military contractor and has multiple wearable tracking products sold through its online store, Amazon and authorized resellers and distributors servicing customers across the globe.
Consumer Purchase of GPS SmartSoles
About GTX Corp
GTX Corp (GTXO) is a pioneer in smart, mobile and wearable GPS tracking and recovery location based products, supported through a proprietary IoT enterprise monitoring platform. GTX offers a global end-to-end solution of hardware, software and connectivity. GTX Corp develops 2 way GPS tracking technologies which seamlessly integrate with consumer products and enterprise applications. GTX Corp utilizes the latest in miniaturized, low power consumption GPS, Cellular, RF and BLE technology enabling subscribers to track in real time the whereabouts of people or high value assets through a complete end to end - customizable transceiver module, wireless connectivity gateway, smart phone Apps, middleware, and IoT portal. Headquartered in Los Angeles, California, GTX is known for its 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 Corp’s business model is built around technology innovation and holds over 85 patents with many issued patents in the area of GPS tracking. The company has international distributors servicing customers in over 35 countries and is a US Military Government contractor. Other customers include public health authorities and municipalities, emergency and police authorities, private companies, public and private senior care homes, and consumers.
GTX Corp is an equal opportunity employer with a history of employing a diverse workforce and US veterans; makes many of its products in the USA, is a member of the United Nations Global Compact and Trust 2 Protect partnership. The Company doesn’t just make and sell the best GPS tracking products, they deliver innovative, miniaturized, low power consumption wearable tech that provides safety, security and peace of mind at the touch of a button. GTX puts the "Where" in Wearable Tech.
Online: www.gtxcorp.com Track My Workforce | GTX Corp www.gpssmartsole.com
Social media - #withyou #smartsole #connectedandprotected #trackwhatyoulove
GTX Blog http://gtxcorp.com/press/
https://www.facebook.com/gtxcorpcom
http://www.twitter.com/gtxcorp
www.linkedin.com/in/gtxcorp
http://www.pinterest.com/GTXCorp/
http://instagram.com/gtxcorp
General information, investor relations, wholesale licensing, consumer purchase:
213.489.3019
info@gtxcorp.com
ir@gtxcorp.com
http://gtxcorp.com/contact-us/
GTX Corp United Kingdom
In the UK, GTX Corp operates from its London office. For more information, please contact:
Nelson Skip Riddle
Email: nsriddle@gtxcorp.com
Tel: +44 7785 364100
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 on the SEC Website). 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.
Attachment
New Strategic Partnership
GTXO(.0115):GPS SmartSoles Expand Government Supported Distribution in Europe
LOS ANGELES CALIFORNIA, Oct. 10, 2019 (GLOBE NEWSWIRE) -- GTX Corp (OTCQB: GTXO) (“the Company”), a pioneer in the field of wearable GPS, people and asset tracking Location-Based Services (LBS) and Real-Time Location Systems (RTLS), today announced U.K. distributor Possum, has begun supplying the GPS SmartSoles to various local and national government authorities, housing associations and National Health Services (NHS) departments, along with expanding distribution into private sector entities.
As GTX continues to expand its distribution across the U.K. The GPS SmartSole is now being used on patients in over 45 local health authorities including Scottish Borders, Warrington, Rotherham and the London Borough of Newham; major national Care Homes like Gracewell Healthcare and Sunrise Senior Living as well as numerous resellers of medical supplies and National Equipment Providers to the National Health Service (NHS) like Millbrook Healthcare.
“We are excited to see the distribution and interest of the GPS SmartSole grow across many of the major distribution channels serving the senior care and health industry in the UK” said Phil Iles Possum UK Sales Manager. “We are working on a number of big projects and expect the distribution and sale of these valuable, wearable tracking products to continue to expand and grow.”
As the Western World continues to face an unprecedented crisis related to Alzheimer’s every person diagnosed that is not bedbound is at risk of wandering and becoming lost. Wandering is one of the most common, complex, burdensome and costly behaviours of the disease and is a safety issue with far reaching implications for the person with the disease, their caregiver, law enforcement and financial providers such as Medicare, Medicaid, Department of Health and Human Services (HHS) the National Health Services (NHS) etc. For law enforcement agencies tasked with finding a missing person before they suffer a serious injury or death, that cost to the taxpayers can run around $1,500 per hour with most low tech search and rescue operations lasting 9 hours on average.
CDW Corp. a provider of technology to businesses, government and health-care organizations, including senior-care facilities has identified five key areas where technology is changing the senior-care market, including wearable devices, the Internet of Things, telemedicine, voice activation and data security.
GTX and its distribution partners, which specialize in wearable tech, IoT and telemedicine solutions are starting to see more GPS SmartSole and overall wearable tracking technology interest coming from law enforcement and other government agencies, which realize that wearable technology is probably the best way to control search costs and offset some of the search efforts to family, friends and neighbours or simply reduce the search time from hours to minutes.
Due to the rise in interest for practical and affordable tracking and monitoring solutions, GTX is also currently engaged in distribution conversations with a telemedicine industry specialist working with various police departments in the UK, and other industry distributors in Spain and France. “Our patented wearable tracking technology has caught the attention and interest of well-established telecare health industry companies and government agencies in Europe, Australia, Latin America and even Sri Lanka,” said Andrew Duncan, Director, GTX Corp. “We are also seeing an uptick in inquiries and tenders from Police departments and government agencies in the U.S.
Across Europe, GTX distributors in the U.K., Sweden, Germany and Denmark are reporting noticeable progress with local and federal agencies and municipalities, and expect to see continued increases in SmartSole sales and subscription activations throughout 2019.
GTX Corp is a For-Profit with Purpose Company which has an extensive patent portfolio, is a proud U.S. military contractor and has multiple wearable tracking products sold through its online store, Amazon and authorized resellers and distributors servicing customers across the globe.
Consumer Purchase of GPS SmartSoles
About GTX Corp
GTX Corp (GTXO) is a pioneer in smart, mobile and wearable GPS tracking and recovery location based products, supported through a proprietary IoT enterprise monitoring platform. GTX offers a global end-to-end solution of hardware, software and connectivity. GTX Corp develops 2 way GPS tracking technologies which seamlessly integrate with consumer products and enterprise applications. GTX Corp utilizes the latest in miniaturized, low power consumption GPS, Cellular, RF and BLE technology enabling subscribers to track in real time the whereabouts of people or high value assets through a complete end to end - customizable transceiver module, wireless connectivity gateway, smart phone Apps, middleware, and IoT portal. Headquartered in Los Angeles, California, GTX is known for its 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 Corp’s business model is built around technology innovation and holds over 85 patents with many issued patents in the area of GPS tracking. The company has international distributors servicing customers in over 35 countries and is a US Military Government contractor. Other customers include public health authorities and municipalities, emergency and police authorities, private companies, public and private senior care homes, and consumers.
GTX Corp is an equal opportunity employer with a history of employing a diverse workforce and US veterans; makes many of its products in the USA, is a member of the United Nations Global Compact and Trust 2 Protect partnership. The Company doesn’t just make and sell the best GPS tracking products, they deliver innovative, miniaturized, low power consumption wearable tech that provides safety, security and peace of mind at the touch of a button. GTX puts the "Where" in Wearable Tech.
Online: www.gtxcorp.com Track My Workforce | GTX Corp www.gpssmartsole.com
Social media - #withyou #smartsole #connectedandprotected #trackwhatyoulove
GTX Blog http://gtxcorp.com/press/
https://www.facebook.com/gtxcorpcom
http://www.twitter.com/gtxcorp
www.linkedin.com/in/gtxcorp
http://www.pinterest.com/GTXCorp/
http://instagram.com/gtxcorp
General information, investor relations, wholesale licensing, consumer purchase:
213.489.3019
info@gtxcorp.com
ir@gtxcorp.com
http://gtxcorp.com/contact-us/
GTX Corp United Kingdom
In the UK, GTX Corp operates from its London office. For more information, please contact:
Nelson Skip Riddle
Email: nsriddle@gtxcorp.com
Tel: +44 7785 364100
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 on the SEC Website). 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.
Attachment
New Strategic Partnership
GTX Corp
LOS ANGELES CALIFORNIA, Oct. 10, 2019 (GLOBE NEWSWIRE) -- GTX Corp (OTCQB: GTXO) (“the Company”), a pioneer in the field of wearable GPS, people and asset tracking Location-Based Services (LBS) and Real-Time Location Systems (RTLS), today announced U.K. distributor Possum, has begun supplying the GPS SmartSoles to various local and national government authorities, housing associations and National Health Services (NHS) departments, along with expanding distribution into private sector entities.
As GTX continues to expand its distribution across the U.K. The GPS SmartSole is now being used on patients in over 45 local health authorities including Scottish Borders, Warrington, Rotherham and the London Borough of Newham; major national Care Homes like Gracewell Healthcare and Sunrise Senior Living as well as numerous resellers of medical supplies and National Equipment Providers to the National Health Service (NHS) like Millbrook Healthcare.
“We are excited to see the distribution and interest of the GPS SmartSole grow across many of the major distribution channels serving the senior care and health industry in the UK” said Phil Iles Possum UK Sales Manager. “We are working on a number of big projects and expect the distribution and sale of these valuable, wearable tracking products to continue to expand and grow.”
As the Western World continues to face an unprecedented crisis related to Alzheimer’s every person diagnosed that is not bedbound is at risk of wandering and becoming lost. Wandering is one of the most common, complex, burdensome and costly behaviours of the disease and is a safety issue with far reaching implications for the person with the disease, their caregiver, law enforcement and financial providers such as Medicare, Medicaid, Department of Health and Human Services (HHS) the National Health Services (NHS) etc. For law enforcement agencies tasked with finding a missing person before they suffer a serious injury or death, that cost to the taxpayers can run around $1,500 per hour with most low tech search and rescue operations lasting 9 hours on average.
CDW Corp. a provider of technology to businesses, government and health-care organizations, including senior-care facilities has identified five key areas where technology is changing the senior-care market, including wearable devices, the Internet of Things, telemedicine, voice activation and data security.
GTX and its distribution partners, which specialize in wearable tech, IoT and telemedicine solutions are starting to see more GPS SmartSole and overall wearable tracking technology interest coming from law enforcement and other government agencies, which realize that wearable technology is probably the best way to control search costs and offset some of the search efforts to family, friends and neighbours or simply reduce the search time from hours to minutes.
Due to the rise in interest for practical and affordable tracking and monitoring solutions, GTX is also currently engaged in distribution conversations with a telemedicine industry specialist working with various police departments in the UK, and other industry distributors in Spain and France. “Our patented wearable tracking technology has caught the attention and interest of well-established telecare health industry companies and government agencies in Europe, Australia, Latin America and even Sri Lanka,” said Andrew Duncan, Director, GTX Corp. “We are also seeing an uptick in inquiries and tenders from Police departments and government agencies in the U.S.
Across Europe, GTX distributors in the U.K., Sweden, Germany and Denmark are reporting noticeable progress with local and federal agencies and municipalities, and expect to see continued increases in SmartSole sales and subscription activations throughout 2019.
GTX Corp is a For-Profit with Purpose Company which has an extensive patent portfolio, is a proud U.S. military contractor and has multiple wearable tracking products sold through its online store, Amazon and authorized resellers and distributors servicing customers across the globe.
Consumer Purchase of GPS SmartSoles
About GTX Corp
GTX Corp (GTXO) is a pioneer in smart, mobile and wearable GPS tracking and recovery location based products, supported through a proprietary IoT enterprise monitoring platform. GTX offers a global end-to-end solution of hardware, software and connectivity. GTX Corp develops 2 way GPS tracking technologies which seamlessly integrate with consumer products and enterprise applications. GTX Corp utilizes the latest in miniaturized, low power consumption GPS, Cellular, RF and BLE technology enabling subscribers to track in real time the whereabouts of people or high value assets through a complete end to end - customizable transceiver module, wireless connectivity gateway, smart phone Apps, middleware, and IoT portal. Headquartered in Los Angeles, California, GTX is known for its 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 Corp’s business model is built around technology innovation and holds over 85 patents with many issued patents in the area of GPS tracking. The company has international distributors servicing customers in over 35 countries and is a US Military Government contractor. Other customers include public health authorities and municipalities, emergency and police authorities, private companies, public and private senior care homes, and consumers.
GTX Corp is an equal opportunity employer with a history of employing a diverse workforce and US veterans; makes many of its products in the USA, is a member of the United Nations Global Compact and Trust 2 Protect partnership. The Company doesn’t just make and sell the best GPS tracking products, they deliver innovative, miniaturized, low power consumption wearable tech that provides safety, security and peace of mind at the touch of a button. GTX puts the "Where" in Wearable Tech.
Online: www.gtxcorp.com Track My Workforce | GTX Corp www.gpssmartsole.com
Social media - #withyou #smartsole #connectedandprotected #trackwhatyoulove
GTX Blog http://gtxcorp.com/press/
https://www.facebook.com/gtxcorpcom
http://www.twitter.com/gtxcorp
www.linkedin.com/in/gtxcorp
http://www.pinterest.com/GTXCorp/
http://instagram.com/gtxcorp
General information, investor relations, wholesale licensing, consumer purchase:
213.489.3019
info@gtxcorp.com
ir@gtxcorp.com
http://gtxcorp.com/contact-us/
GTX Corp United Kingdom
In the UK, GTX Corp operates from its London office. For more information, please contact:
Nelson Skip Riddle
Email: nsriddle@gtxcorp.com
Tel: +44 7785 364100
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 on the SEC Website). 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.
Attachment
New Strategic Partnership
GTXO SmartSoles featured on Kardashians
https://gtxcorp.com/gps-smartsole-will-be-on-the-kardashians-this-sunday-night-e-channel-600-pm-pst/
From last year, but still relevant.
Thanks DTGoody. Amazing DD over here and even the negative voices provide food for thought. I've read almost every post and decided to spin the wheel with SOLI.