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GTX Corp Receives New Order for 1,500 GPS Devices From Aetrex Worldwide as GPS Shoes Become Available Online to Consumers
LOS ANGELES, Nov. 30, 2011 -- GTX Corp (OTCBB: GTXO), a leader in customizable, patented two-way GPS Tracking Personal Location Services (PLS) solutions, received its second commercial order from Aetrex Worldwide, Inc. a global leader in comfort and wellness footwear products. GTX recently shipped 3,000 devices to Aetrex and plans to ship these additional 1,500 units in January of 2012. The GTX Corp miniaturized 2 way GPS tracking devices are embedded in the Aetrex Ambulator® collection bringing a reliable solution for monitoring the location of the 5.3 million seniors in the US afflicted with Alzheimer's disease or dementia.
The GPS Shoe has captured the imagination of the world. The Company's flagship product has over 20 patents and patents pending, received the Peoples Choice award for most innovative connected device, has been featured on numerous television shows across the globe and now available to consumers in the United States at www.aetrex.com/gps
GTX Corp's international licensing strategy will make available the GPS Shoes to additional countries beginning first quarter of 2012. There are already 4 countries with another 6 in consideration and a goal to have at least 12 countries up and running by year end 2012. For information about becoming an international distributor you can contact info@gtxcorp.com or go visit www.gpsshoe.com or www.gtxcorp.com
In addition to international expansion, the Company has begun developing prototypes of an even smaller device configuration, for the children's market, which it plans to unveil at the Consumer Electronics Show (CES) on January 11th in Las Vegas.
About GTX Corp (GTXO.OB)
GTX Corp® a leader in enterprise 2-way GPS (Global Positioning System) real-time personal location services (PLS) was founded in 2002 and is based in Los Angeles, California with distributors in Mexico, Australia and Nepal and customers in 135 countries. GTX Corp utilizes the latest in miniaturized, low power consumption technology and offers a robust enterprise GPS and cellular location platform to track in real time the whereabouts of people, pets, and high valued assets. Answering the "where is" question through a licensing business model and providing a complete end-to-end solution of hardware, middleware, apps, connectivity and professional services, letting you know where someone or something is at the touch of a button. GTX Corp also owns and operates LOCiMOBILE, Inc which develops GPS applications for smartphones and tablets, Code Amber News Service, and Code Amber Alertag. The Company has an aggressive intellectual property strategy and owns an extensive portfolio of patents, patents pending, registered trademarks, copy rights and URL's.
http://www.gtxcorp.com | www.facebook.com/gtxcorp | www.twitter.com/gtxcorp | www.gtxo.irnewsroom.com
General / Licensing Information
info@gtxcorp.com
Investor Relations
ir@gtxcorp.com
Media
Suzy Ginsburg
(713) 334-2357
suzy@gcomworks.com
About GLX - The Global Listing Exchange
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Safe Harbor Statement
The information made available in this press release contains certain forward-looking statements which reflect GTX Corp.'s current view of future events and financial performance. Wherever used, the words "estimate", "expect", "plan", "anticipate", "believe", "may" and similar expressions identify forward-looking statements. Any such forward-looking statements are subject to risks and uncertainties and the company's future results of operations could differ materially from historical results or current expectations. Some of these risks include, without limitation, the company's ability to execute on its contracts, customers' acceptance of its products, the market acceptance of two-way tracking devices, managing regulatory compliance and/or other factors that may be described in the company's annual report on Form 10-K, quarterly reports on Form 10-Q and/or other filings with the Securities and Exchange Commission. Future economic and industry trends that could potentially impact revenue and profitability are difficult to predict. The Company assumes no obligation to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results express or implied therein will not be realized.
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.
GPS Shoes- available on line
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Alco Advanced Technologies (PINK:ALCD) Could Benefit From Congressional Focus on Port Security Issues
The US has more than 350 commercial sea and river ports and Alco Advanced Technologies is a company able to offer turnkey security solutions to this market.
Port security was at the heart of a rare moment of bipartisanship in Congress recently. Two members of Congress created a new bipartisan caucus that will promote the growth and security of the nation’s 350 commercial sea and river ports. These ports support 13.3 million jobs and account for $3.15 trillion in business activity to the economy.
Rep. Janice Hahn (D-CA) and Rep. Ted Poe (R-TX) announced in late October that they had agreed to form the House Ports Opportunity, Renewal, Trade, and Security (PORTS) Caucus.
“Promoting and protecting our nation’s ports is critical to both national security and economic security,” Rep. Poe said in a statement. “Ports are the gateway in and out of the United States. They are our country’s link to the rest of the world and the global economy.”
Every day, US ports move both imports and exports totaling about $3.8 billion worth of goods through all 50 states. Additionally, ports move 99.4 percent of overseas cargo volume by weight and generate $3.95 trillion in international trade.
“Ports are a critical piece of our nation's economic infrastructure,” Geraldine Knatz, executive director of the Port of Los Angeles, said in a statement. “Maintaining secure, reliable and efficient seaports will generate much needed jobs and make American businesses more competitive abroad.”
Alco Advanced Technologies is a proven expert in addressing this problem. Alco’s mission is the preservation and improvement of tasks related to the efficiency of port security. The company offers electronic security inspection for containers and turnkey services for all ports of entry.
The company’s turnkey solution includes financing for required scanning equipment, software, installation, and integration. In addition, its services consist of construction of scanning stations and secure VPN access for various governmental agencies, electronic inspection services, and security integration services.
Alco delivers scalable efficiency for container and parcel scanning, as well as other modes of security, to all ports of entry. The company transforms patchwork systems that have been developed one piece at a time over many years into a streamlined tool that will increase productivity, eliminate waste, and be easy to manage in the future.
Port security is a critical component of national security. Alberto Surijon, CEO of Alco Advanced Technologies recently noted that, “The war on terrorism is too important to rely only on one group. The increase in demand on Alco’s electronic inspection service program around the world is a clear sign that countries are now conscious of the problem and now starting to act on it.”
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A number of statements referenced in this Release, and any other interviews that have been made, are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, and goals, assumption of future events or performance are not statements of historical fact and may be “forward-looking statements.” Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this actions may be identified through the use of words such as “expects,” “will,” “anticipates,” “estimates,” “believes,” or statements indicating certain actions “may, “could,” or “might,” occur. Such statements reflect the current views of the company’s management with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services, and technologies, competitive market conditions, successful closing of acquisition transactions and their subsequent integration, the ability to secure additional sources of financing, the ability to reduce operating expenses, and other factors described in the company's filings with the OTC Markets. The actual results that the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. The company does not undertake any responsibility to update the “forward-looking” statements contained in this news release.
SMOKEFREE INNOTEC FILES INFORMATION DISCLOSURE STATEMENT TO OTC MARKETS
LAS VEGAS, NV – November 28, 2011 (GLOBENEWSWIRE) Smokefree Innotec, Inc. (OTC Pink: SFIO) George Roth , President of Smokefree Innotec Inc. announced today that the Company has filed its current Information Disclosure Statement and Interim Financial Report for period ending August 31, 2011 with the OTC Markets, to provide transparency and for the benefit of its shareholders. Mr. Roth stated, “This report is the first available following the incidents of last June 30, 2011, when a public announcement was made regarding the illicit sale of 400,000 shares of the Company’s common stock that occurred in 2009, by the then CEO of SFIO. The extraordinary trading activity in the selloff, and immediate buy back, of shares that instantly followed led to the DTC Global Lock and the posting of the caveat emptor displayed by the OTC Markets for SFIO on their web site. Counsel for Smokefree is submitting to OTC Markets his opinion letter regarding the status of the Company since it has settled the civil complaint of the SEC, to bring SFIO into full compliance with the requirements of the OTC Markets listing on the Pink Sheets”.
Mr. Roth observed, “This full compliance will not result in the release of the DTC Global Lock, since that resulted from the trading activity, not the actions of the Company or its officers. The Company and its counsel are continuing to explore all avenues to discover and understand the methods required to encourage the DTC reconsider its actions and to lift the Global Lock. There is no way to tell if and when that may occur.”
About Smokefree Innotec, Inc.
Smokefree Innotec, Inc. (OTC Pink: SFIO) is in the business of designing, developing, manufacturing and marketing hi-tech, nicotine and non-nicotine cigarette-like delivery devices which are completely smoke and vapor-free and tobacco-free. SFIO's products are designed to protect the non-smoker from second hand smoke and all its effects while providing the smoker a way to enjoy a smoke-free cigarette anywhere, including places where vapor emissions are offensive or smoking tobacco or similar substances is prohibited. Further, our products will allow the smoker to enjoy smoking either nicotine or flavored non-nicotine cigarettes while not having to worry about the offensive dangers and ill effects of regular cigarette smoking. However SFIO's products are not intended for any prevention or therapeutic treatment of any disease.
Contact: Smokefree Innotec, Inc.
George Roth – CEO
info@smokefree-innotec.com | www.smokefree-innotec.com
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Safe Harbor Statement
The information made available in this press release contains certain forward-looking statements which reflect Smokefree Innotec, Inc.’s current view of future events and financial performance. Wherever used, the words “estimate”, “expect”, “plan”, “anticipate”, “believe”, “may” and similar expressions identify forward-looking statements. Any such forward-looking statements are subject to risks and uncertainties and the company’s future results of operations could differ materially from historical results or current expectations. Some of these risks include, without limitation, the company’s ability to execute on its contracts, customers’ acceptance of its products, the market acceptance of two-way tracking devices, managing regulatory compliance and/or other factors that may be described in the company’s annual report on Form 10-K, quarterly reports on Form 10-Q and/or other filings with the Securities and Exchange Commission. Future economic and industry trends that could potentially impact revenue and profitability are difficult to predict. The Company assumes no obligation to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results express or implied therein will not be realized.
Smokefree Innotec, Inc. 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 Smokefree Innotec, Inc. Further Smokefree Innotec, Inc. cannot be held responsible or liable for the unauthorized use of this document’s content by third parties unknown to the company.
AmberWatch TV Dials In On Child Abuse, Cyberbullying BY SUSAN KARLINTue
The AmberWatch Foundation amps up its fight against child abuse with a new interactive TV channel that will reach 3 million viewers.
Call it kismet, coincidence, or something else. Today AmberWatch TV is launching, right on the heels of the Penn State alledged child sexual abuse case.
“One in four girls and one is six boys are sexually assaulted by the time they reach adulthood--and 37% have been cyberbullied,” says Keith Jarrett, founder of theAmberWatch Foundation, a Seal Beach, Calif., charity that combats child abduction and molestation through education. “Parents want solutions--not just what’s going on, but what they can do to prevent it.”
Today Jarrett’s fight ramps up a notch with the launch of the interactive AmberWatch TV Channelon Cablevision System Corp.’s iO TV (channel 625), a digital TV service that reaches 3 million viewers in the New York Tri-State area. The launch follows a midday celebrity fundraiser event at The Standard Hotel in New York, emceed by WCBS-TV anchor Chris Wragge. (One notable absentee: Foundation Youth Coalition chairperson Selena Gomez, given the ongoing press frenzysurrounding boyfriend Justin Bieber.)
“In the last seven years, I’ve watched the kid safety space go through a transformation,” says Jarrett. “As more kids have their own phones and computers, we’re moving into the dangers of the digital world--cyberstalkers, cyberbullying, and sexting. They can have direct communication [with potential predators] without any parental filter, compared to one landline in a house, which parents could monitor.”
The channel will offer over 70 different videos--some 15 seconds, others 15 minutes--of celebrities and public officials discussing how to recognize and react to dangerous situations, as well as interviews with predators and victims, AmberWatch-tested solutions and safety products, photo galleries with accompanying text, and behind-the-scenes footage of films covering related themes--some of which Cablevision will offer on-demand. The programming will be updated every two weeks and open to citizen contributors as well.
The channel’s interactive elements will enable viewers to pick the child safety information that suits their needs. Initially, viewers encounter a menu listing the different programming categories, which they choose by clicking a button on their remotes. That opens the category to another menu of options. A click-to-call feature will enable viewers to get more information, donate to the foundation, speak to a safety product specialist and, eventually, purchase those items. A modified version will be available on the AmberWatch TV website.
Talks for the channel began in August, 2010, after an AmberWatch sponsor, Protext Mobility, connected the charity to a Cablevision contact. For the launch Cablevision offered a press release statement from media sales president and COO David Kline: “We are pleased to be the first cable provider to offer AmberWatch TV, bringing educational information that will help the communities we serve stay more informed about child safety.”
Eventually, Jarrett hopes to bring AmberWatch TV to other cable and satellite networks; add original talk, reality, scripted programming blocks; and ultimately spin off books, classes, and conferences about child safety.
“Right now, we’re trying to build a platform,” says Jarrett. “The goal of the channel is to be the resource where parents can go to learn everything from how their children can avoid sexual predators to how to put in baby seat correctly. Then we want to provide tool sets and resources.”
McAfee Donates $1 Million Dollars of AmberWatch Family Protection
McAfee Donates $1 Million Dollars of AmberWatch Family Protection Software to New York Tri-State Area Schools
McAfee Partners with the AmberWatch Foundation to Produce Parental Control Software and Interactive TV Channel to Help Safeguard Kids Online
Santa Clara, Calif. — November 15, 2011 — At an event launching AmberWatch TV, on Cablevision System Corp.’s iO TV® Channel 625, McAfee announced that it will donate $1 million dollars worth of AmberWatch Family Protection Software to the New York Tri-State Area schools for distribution to students and their families. AmberWatch Family Protection software (msrp $49.95) gives parents the ability to block online content unsuitable for younger users, as well as monitor online interactions and receive reports, so that parents know what their kids are doing online.
AmberWatch Family Protection (http://www.amberwatchfamilyprotection.com) software was produced as part of a joint effort between McAfee, the world's largest dedicated security technology company, and the AmberWatch Foundation, a not-for-profit organization dedicated to helping parents protect their children from abduction, abuse, and the dangers of the digital world. Elementary and middle schools in the New York Tri-State area (New York, New Jersey, and Connecticut) will receive software licenses that they will be able to distribute to parents, encouraging safe online habits among students and giving parents the ability to monitor kids’ and teens’ online activities. Each school will be free to determine how to best distribute the software to families in their districts.
The launch of AmberWatch Family Protection and the donation announcement were timed with the launch of AmberWatch TV on Cablevision’s iO TV® (Channel 625), which will provide valuable online safety strategies and solutions to parents and other concerned consumers. The interactive channel is the AmberWatch Foundation’s newest endeavor and made possible by McAfee through its major sponsorship role.
"We are pleased to support a foundation that shares our goal of protecting children and families,” says Todd Gebhart, co-president of McAfee. “With a common mission to help keep kids and families safe, it was natural for McAfee to partner with the AmberWatch Foundation to bring AmberWatch Family Protection to market, as well as to contribute to the creation and launch of AmberWatch TV. The AmberWatch TV channel and the AmberWatch Family Protection software, powered by McAfee, are part of McAfee's mission of providing both education and tools to parents as part of our relentless search for safety for children online.”
AmberWatch TV is the first interactive channel devoted entirely to child safety, and is the shared vision of AmberWatch founder and CEO Keith Jarrett, Foundation partners and champions, law enforcement experts, and supportive parents nationwide. The AmberWatch Foundation believes the partnership and the support of the cause shows that the time has come to make online child safety a national priority.
"Through their sponsorship of this important new television channel and our collaborative software partnership, McAfee has truly demonstrated its commitment to child and family safety,” says Jarrett. “We are thrilled and very grateful for their strong support.”
About McAfee
McAfee, a wholly owned subsidiary of Intel Corporation (NASDAQ:INTC), is the world's largest dedicated security technology company. McAfee delivers proactive and proven solutions and services that help secure systems, networks, and mobile devices around the world, allowing users to safely connect to the Internet, browse and shop the Web more securely. Backed by its unrivaled Global Threat Intelligence, McAfee creates innovative products that empower home users, businesses, the public sector and service providers by enabling them to prove compliance with regulations, protect data, prevent disruptions, identify vulnerabilities, and continuously monitor and improve their security. McAfee is relentlessly focused on constantly finding new ways to keep our customers safe. http://www.mcafee.com
About AmberWatch Foundation
Headquartered in Seal Beach, California, the AmberWatch Foundation is a national not-for-profit organization dedicated to keeping kids safe. The AmberWatch Foundation has made impressive strides educating both parents and children about child abduction, abuse, and the dangers of the digital world, a campaign which serves as the core spirit of these new endeavors with AmberWatch TV and McAfee. More information can be found at: www.amberwatchfoundation.org.
About AmberWatch TV
AmberWatch TV is the first interactive cable channel dedicated entirely to the preemptive protection of children. Delivered in partnership with global partners including McAfee and MetLife, AmberWatch presents a series of engaging and updated original content designed to educate kids, educate parents, and proactively inoculate both against the dangers of the modern world. Issues covered include cyberbullying, sex predator protection, online protection, safe texting, [and more]. More information can be found at: www.amberwatch.com.
Joseph Brooke, LLC
Jennifer Walker, 212-724-8515
VP, Public Relations
jennifer@josephbrooke.com
or
McAfee
Kim Eichorn, 408-455-2172
kim_eichorn@mcafee.com
Protext Mobility Launches TV Advertising and Distribution Campaign
Protext Mobility Launches TV Advertising and Distribution Campaign for AmberWatch® SafeText in the New York Tri-State Area
NEW YORK, Nov. 15, 2011 /PRNewswire/ -- Protext Mobility, Inc. (OTCBB: TXTM), a developer of innovative messaging and trusted mobile solutions for the consumer market, today announced the launch of an extensive TV advertising and distribution campaign in partnership with AmberWatch TV. AmberWatch TV, which launches today, is a dedicated video-on-demand (VOD) and interactive (iTV) channel devoted entirely to parents, caregivers and child safety. By the end of the month, it is expected to be available across Cablevision's nearly three million digital cable customers on iO TV® Channel 625. The interactive channel is the AmberWatch Foundation's newest endeavor and made possible with the support of Protext Mobility through its sponsorship role.
As part of the comprehensive initiative, Protext Mobility has completed the production of two (2) 30second interactive commercial television ads for the AmberWatch SafeText-licensed product offering. The commercials are expected to run frequently on a monthly basis and across multiple channels, reinforcing product awareness. The media campaign and TV commercials are designed to bring viewers directly to the AmberWatch® SafeText dedicated sub-section of the main AmberWatch TV channel. In addition, Protext Mobility has produced a four-minute "longform" product informational segment available as videoondemand that will be hosted on the dedicated sub-section within the channel.
The launch of the TV media campaign marks several distinctive milestones. AmberWatch TV is the first cable channel that is exclusively dedicated to help parents keep their kids safe. The channel provides a unique interactive platform that offers parents a host of content and services, such as AmberWatch SafeText, to help better protect their children. In conjunction with the channel's formation, AmberWatch Public Service Announcements and AmberWatch SafeText commercials, featuring popular New York media personality Al Roker, will air in the New York Tri-State Area on numerous TV networks.
The media campaign is designed to raise awareness of the product, drive traffic to the interactive channel as well as the AmberWatch SafeText website. This is the first large-scale marketing campaign for Protext Mobility's AmberWatch SafeText product, a comprehensive solution for parents that creates a kid-safe mobile environment.
"It is with great pleasure to be part of AmberWatch TV. The issues surrounding cyberbullying, sexting and other potentially harmful situations are all too well known. Today, in partnership with the AmberWatch Foundation, we focus on providing parents solutions to modern-day problems," said Peter Charles, CEO of Protext Mobility. "The AmberWatch TV channel creates a unique experience and offers an exceptional opportunity to raise the awareness and visibility for solutions that can help parents better protect their children."
About AmberWatch SafeText: "AWST" was developed out of the need for and desire of parents to gain insight and visibility into their children's use of today's mobile technology. The AmberWatch SafeText solution solves the following problems and carries the following features:
The AmberWatch SafeText solution intelligently interrogates all in-coming and out-going text messages for inappropriate and/or dangerous content. Parents are quickly notified with an alert when there is a message violation.
A simple, yet comprehensive parent dashboard displays archived information, including pictures and videos, and details of potential violations.
Adding to its robust feature set, the AmberWatch SafeText solution incorporates the use of GPS technology that enables "find my phone," "locate now on demand" and distracted-driving notification with mapping displayed and speed recorded.
The solution is developed with core patent-pending Smart Message Analyzer technology.
Kids on average send and receive more than 3,300 text messages a month. Many parents find it difficult to manage who their child(ren) come into contact with on a daily basis, what content they may be exposed to, what websites they may surf via mobile and if the device is being used inappropriately or in an inappropriate situation (e.g., while operating a motor vehicle). The AmberWatch SafeText solution is comprised of seven mobile safety tools developed on a proprietary mobile messaging platform and bundled into one comprehensive toolset that delivers a robust "kid-safe" mobile platform, giving parents peace of mind as it relates to the three most serious dangers that children may encounter as they use advanced, high-powered mobile devices: bullying, sexting and distracted driving.
AmberWatch SafeText is available for download today at the www.AmberWatchSafeText.com website, as well as in the Android Market, Blackberry App World and the "Family" section of the AT&T AppCenter at www.att.com/appcenter.
About Protext Mobility, Inc:
Protext Mobility (OTCBB: TXTM) develops innovative messaging applications and trusted solutions for the mobile communications market. Our lead offering, a premium service for mobile devices, provides parents a solution to help manage their children's mobile communications activities.
About AmberWatch TV:
AmberWatch TV is the first interactive cable channel dedicated entirely to the preemptive protection of children. Delivered in partnership with global partners, AmberWatch TV presents a series of engaging and updated original content designed to educate kids and parents, and proactively inoculate both against the dangers of the modern world. Issues covered include cyberbullying, sex predator protection, online protection, safe texting, and more. More information can be found at: www.amberwatch.com.
About AmberWatch Foundation: Headquartered in Seal Beach, California, the AmberWatch Foundation is a national not-for-profit organization dedicated to keeping kids safe. The AmberWatch Foundation has made impressive strides educating both parents and children about child abduction, abuse, and the dangers of the digital world, a campaign that serves as the core spirit of this new endeavor. More information can be found at:www.amberwatchfoundation.org.
SAFE HARBOR STATEMENT
This release includes forward-looking statements on Protext Mobility's current expectations and projections about future events. In some cases, forward-looking statements can be identified by terminology such as "may," "could," "potential," "positions," "continue," "expects," "anticipates," "intends," "plans," "believe," "estimates," and similar expressions. These statements are based upon current beliefs, expectations and assumptions and are subject to a number of risks and uncertainties, many of which are difficult to predict and include statements regarding the expansion of the AmberWatch TV audience and the timing and results of the anticipated airing of Protext Mobility's commercials. The forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from those reflected in Protext Mobility's forward-looking statements include, among others, the failure of AmberWatch TV to expand its audience and reach its intended audience, the failure of Protext Mobility's commercials to air when anticipated and to reach their target audience, the failure of the commercials to achieve their desired results and any other filings with the SEC. The information in this release is provided only as of the date of this release, and Protext Mobility undertakes no obligation to update any forwardlooking statements contained in this release on account of new information, future events, or otherwise, except as required by law.
Media Contacts:
For Protext Mobility
Daniel Rhodes or Valerie Christopherson
Global Results Communications (GRC)
protextmobility@globalresultspr.com
949-608-0276
For AmberWatch
Jennifer Walker
VP, Public Relations
Joseph Brooke, LLC
jennifer@josephbrooke.com
212-724-8515
ProText Mobility, Inc. (OTCQB:TXTM) Makes Safety a Gift for Teens
ProText Mobility offers mobile apps that are focused primarily on solving problems that have come about with the use of today's mobile technology. The first solution the company has released is designed to help parents manage their children’s text messaging. Many parents may realize that text messages are a primary means of communications for teens, with the average child sending and receiving more than 3,300 text messages a month. The company provides mobile solutions to protect against text bullying and distracted drivers.
Many parents also may be aware of the fact that text bullying is a very significant problem. Text bullying is the act of sending mean, embarrassing, untrue, or hurtful messages to or about someone using cell phone text messaging. This can also include sexting, or sending sexually suggestive text messages to someone or about someone. Research indicates that approximately 2.7 million children were bullied last year, and on average 150,000 kids stay home from school everyday because of the fear of being bullying. In fact, it has been found that most kids do not share these somewhat traumatic experiences with their close friends or family, leaving parents with little or no insight with who their kids are really communicating with and what potential harmful content they maybe exposed to...until perhaps it’s too late.
ProText Mobility offers SafeText so that parents have a solution that is easy to use. SafeText uses patent-pending Smart Message Analyzer technology to quickly review all incoming and outgoing messages for inappropriate or dangerous content. Whenever a message violates one of the rules that parents easily set up in SafeText, the parent receives an immediate notification with an alert that they should access a simple yet robust dashboard to get details and help their child as needed. Their app also incorporates GPS technology which allows parents to instantly locate their child.
Distracted driving is another danger parents may not fully understand. Some studies have shown that texting and driving is as dangerous as drinking and driving. Both account for a large number of accidents and deaths among newly licensed teenage drivers.
DriveAlert from ProText Mobility addresses the problem of distracted driving. The app uses technology to create a “safebox” around the phone whenever the phone is in motion. DriveAlert not only blocks incoming and outgoing text messages, but it also blocks drivers from using any app that could be distract, including Twitter, Facebook, instant messaging, email and even general internet browsing while the phone is in motion.
As soon as the phone is no longer in motion, the safebox is automatically opened and all device functions are immediately accessible. That means teens can’t text while driving on the highway, but can immediately call for help if broken down or get directions from a map app after safely pulling over.
Parents can use the holiday season to give these apps to their children and to give themselves the gift of peace of mind.
For more information and sign up:
please visit www.amberwatchsafetext.com or www.protextmobility.com/DriveAlert/
Both apps can be found on Android and Blackberry. The AmberWatch Safetext app can also be downloaded in the AT&T AppCenter.
About GLX - The Global Listing Exchange
The Global Online Investment Community - GLX provides interactive advertising, conference and event coordination, digital IR/PR, journalism, market intelligence, media/marketing, news dissemination, research, video production and ancillary specialty communications services to publicly traded companies worldwide.
Contact – GLX:
The GLX Editor's Desk+1 855 GLX INTL | +1 855 459 4685
editor@glxinc.com | www.glxinc.com
A number of statements referenced in this Release, and any other interviews that have been made, are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, and goals, assumption of future events or performance are not statements of historical fact and may be “forward-looking statements.” Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this actions may be identified through the use of words such as “expects,” “will,” “anticipates,” “estimates,” “believes,” or statements indicating certain actions “may, “could,” or “might,” occur. Such statements reflect the current views of the company’s management with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services, and technologies, competitive market conditions, successful closing of acquisition transactions and their subsequent integration, the ability to secure additional sources of financing, the ability to reduce operating expenses, and other factors described in the company's filings with the OTC Markets. The actual results that the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. The company does not undertake any responsibility to update the “forward-looking” statements contained in this news release.
GTXO flagship product the GPS Shoe featured in the November issue of Caring Boomers Newsletter
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Bio-Clean International (PINK:BCLE) Announces Joint Venture with Genesis Industries
Bio-Clean is a supplier of a variety of environmentally safe products, including equipment and bio-remediation fluids for many uses, including the cleaning and preservation of equipment used by the military. Bio-Clean's products are safe for use in all environments and on all kinds of machinery and weapons, from pistols to aircraft-mounted artillery. The cleaning equipment and fluids are also used to maintain aircraft wheels and gear, and are applicable to a wide range of non-military uses as well.
Recently, the company announced a new joint venture with Genesis Industries that will be called Genesis Environmental Products, LLC. The new joint venture company is 40 percent owned by Bio-Clean and will have a Service Disabled Veteran Owned Business designation. That designation gives the company special contracting consideration for government contracts and improves their competitive position in the government market.
According to company officials, this joint venture gives the company an opportunity to recapture some of the revenue lost after a change of control that took place in December 2009. Genesis Environmental Products will market bio-remediation fluids and other natural cleaning products for military, commercial and consumer use.
Bio-Clean President Mike Roth noted that, "with Genesis' experience, expertise and the quality of the products developed for the joint venture company there is a possibility for multi-million dollar revenues."
In addition to the joint venture, the company also recently released a preliminary annual report. Roth commented on the importance of this step. He said, "When we file this statement along our upcoming financial statement and an attorney's opinion letter on the company to the OTC Pink Sheets, our trading status will change and our standing in the marketplace will hopefully improve. We thank our shareholders for their loyal support and invite new investors to see what we are about."
These events cap a series of steps that Bio-Clean has taken this year in a drive towards developing significant revenue and potential profits. The company entered into a manufacturing agreement with Green Bridge Industries, a Joint Venture partner to supply ingredients to the company for manufacturing use.
Earlier agreements include a Letter of Intent to Joint Venture with Mariner’s Choice Industries of Toronto, Canada as a sales partner, and a merger agreement with Remuda, which owns the rights to the marketing research and methods of retail distribution through state and county fairs, swap meets, and other similar events, suitable for introducing and test marketing products before placing them in mass distribution retail outlets such as Wal-Mart.
Bio-Clean International, Inc. (OTC Pink: BCLE)
Mike Roth, President & CEO
+ 1 949 201 7665
info@biocleaninternational.com | www.biocleaninternational.com
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The Global Online Investment Community - GLX provides interactive advertising, conference and event coordination, digital IR/PR, journalism, market intelligence, media/marketing, news dissemination, research, video production and ancillary specialty communications services to publicly traded companies worldwide.
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A number of statements referenced in this Release, and any other interviews that have been made, are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, and goals, assumption of future events or performance are not statements of historical fact and may be “forward-looking statements.” Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this actions may be identified through the use of words such as “expects,” “will,” “anticipates,” “estimates,” “believes,” or statements indicating certain actions “may, “could,” or “might,” occur. Such statements reflect the current views of the company’s management with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services, and technologies, competitive market conditions, successful closing of acquisition transactions and their subsequent integration, the ability to secure additional sources of financing, the ability to reduce operating expenses, and other factors described in the company's filings with the OTC Markets. The actual results that the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. The company does not undertake any responsibility to update the “forward-looking” statements contained in this news release.
Code Amber Alertag Interview with Patrick Bertagna on the Peggy Smedley Show
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Protext Mobility, Inc. (OTCQB:TXTM) Offers Tool to Prevent Teens from Distracted Driving
Researchers at the University of Utah discovered that using a cell phone while driving, whether it’s hand-held or hands-free, delays a driver's reactions as much as having a blood alcohol concentration at the legal limit of .08 percent.
This adds up to a lot of carnage on the roads. In 2009, 5,474 people were killed on US roadways and an estimated additional 448,000 were injured in motor vehicle crashes that were reported to have involved distracted driving, according to data from the National Highway Traffic Safety Administration.
The problem is especially severe among younger drivers – the NHTSA reported that 16 percent of all drivers younger than 20 involved in fatal crashes were reported to have been distracted while driving.
To address this problem, Protext Mobility offers DriveAlert. This is a simple app for smart phones that helps solve the problem of distracted driving, which is especially dangerous in newly licensed teens. DriveAlert uses technology to create a “safebox” around the phone whenever the phone is in motion.
DriveAlert not only blocks incoming and outgoing text messages, but it also blocks drivers from using any app that could be distracting, including Twitter, Facebook, instant messaging, email and even general internet browsing as long as the phone is in motion. As soon as the phone stops being in motion, the “safebox” is automatically opened and all device functions are immediately accessible.
That means teens can’t text while driving on the highway, but can immediately call for help if broken down or get directions from a map app after safely pulling over.
Texting while driving increases the risk of an accident by 23 times, while simply dialing a cell phone increases the risk of an accident by six times. Some studies show talking on a hands-free cell phone raises the risk of an accident by nearly the same amount as a handheld device. ProText Mobility offers a way to decrease the risks.
The company also offers SafeText, an app that gives parents a solution to cyber bullying and sexting. About 20 percent of children will be victims of cyber bullying. SafeText uses patent-pending Smart Message Analyzer technology to look at all incoming and outgoing messages for inappropriate or even dangerous content.
Whenever a message violates one of the rules set in SafeText, the parent is immediately notified with an alert and they can then access a simple but powerful dashboard to get details and help their child as needed.
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The Global Online Investment Community - GLX provides interactive advertising, conference and event coordination, digital IR/PR, journalism, market intelligence, media/marketing, news dissemination, research, video production and ancillary specialty communications services to publicly traded companies worldwide.
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A number of statements referenced in this Release, and any other interviews that have been made, are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, and goals, assumption of future events or performance are not statements of historical fact and may be “forward-looking statements.” Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this actions may be identified through the use of words such as “expects,” “will,” “anticipates,” “estimates,” “believes,” or statements indicating certain actions “may, “could,” or “might,” occur. Such statements reflect the current views of the company’s management with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services, and technologies, competitive market conditions, successful closing of acquisition transactions and their subsequent integration, the ability to secure additional sources of financing, the ability to reduce operating expenses, and other factors described in the company's filings with the OTC Markets. The actual results that the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. The company does not undertake any responsibility to update the “forward-looking” statements contained in this news release.
Protext Mobility, Inc. (OTCQB:TXTM) Launching Television SafeText Awareness Campaign
ProText Mobility is a provider of mobile apps that focus primarily on solving problems. Their first apps are designed to allow parents to help their children manage text messages safely. Parents may not realize that the average kid sends and receive over 3,300 text messages a month. The company has mobile solutions for text bullying and distracted drivers.
To help make parents aware of the problem, ProText launched an extensive TV advertising and distribution campaign in partnership with AmberWatch TV. AmberWatch TV is a dedicated video-on-demand and interactive channel devoted entirely to parents, caregivers and child safety.
The channel should soon be available to Cablevision's nearly three million digital cable customers. The interactive channel is the AmberWatch Foundation's newest endeavor and is made possible with the support of Protext Mobility through its sponsorship role.
As part of the comprehensive initiative, Protext Mobility produced two 30-second interactive commercial television ads for the AmberWatch SafeText-licensed product offering. The commercials should soon be running frequently and across multiple channels, reinforcing product awareness and more importantly highlighting a problem many parents aren’t aware of.
AmberWatch SafeText was developed out of the need for parents to gain insight and visibility into their children's use of today's mobile technology. The AmberWatch SafeText solution intelligently interrogates all incoming and outgoing text messages for inappropriate and/or dangerous content. Parents are quickly notified with an alert when there is a message violation.
The AmberWatch SafeText solution consists of seven mobile safety tools on a proprietary mobile messaging platform which are bundled into a comprehensive toolset that assures parents their kids are operating on a "kid-safe" mobile platform. It addresses the three most serious dangers that children may encounter as they use advanced, high-powered mobile devices: bullying, sexting and distracted driving.
The media campaign and TV commercials are designed to bring viewers directly to the AmberWatch® SafeText dedicated sub-section of the main AmberWatch TV channel. In addition, Protext Mobility has produced a four-minute "longform" product informational segment available as video-on-demand that will be hosted on the dedicated sub-section within the channel.
Peter Charles, CEO of Protext Mobility, commented on the importance of this project. He said, "It is with great pleasure to be part of AmberWatch TV. The issues surrounding cyberbullying, sexting and other potentially harmful situations are all too well known. Today, in partnership with the AmberWatch Foundation, we focus on providing parents solutions to modern-day problems.
The AmberWatch TV channel creates a unique experience and offers an exceptional opportunity to raise the awareness and visibility for solutions that can help parents better protect their children."
About GLX - The Global Listing Exchange
The Global Online Investment Community - GLX provides interactive advertising, conference and event coordination, digital IR/PR, journalism, market intelligence, media/marketing, news dissemination, research, video production and ancillary specialty communications services to publicly traded companies worldwide.
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editor@glxinc.com | www.glxinc.com
A number of statements referenced in this Release, and any other interviews that have been made, are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, and goals, assumption of future events or performance are not statements of historical fact and may be “forward-looking statements.” Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this actions may be identified through the use of words such as “expects,” “will,” “anticipates,” “estimates,” “believes,” or statements indicating certain actions “may, “could,” or “might,” occur. Such statements reflect the current views of the company’s management with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services, and technologies, competitive market conditions, successful closing of acquisition transactions and their subsequent integration, the ability to secure additional sources of financing, the ability to reduce operating expenses, and other factors described in the company's filings with the OTC Markets. The actual results that the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. The company does not undertake any responsibility to update the “forward-looking” statements contained in this news release.
Alco Advanced Technologies (PINK:ALCD) Showing Signs of Price Consolidation
Low priced stocks tend to make sharp moves followed by periods of consolidation. This pattern tends to repeat as the company establishes a successful operating history. There is also a seasonal pattern at work late in the year that makes it profitable for investors to accumulate positions.
Many investors start their tax planning towards the end of the calendar year. This often involves reviewing their stock portfolio and selling off positions to harvest tax losses. The general idea is that losses can reduce capital gains tax bills and often investors will sell solely for this reason, creating a short-term opportunity for those willing to take a long-term view of a stock.
Selling driven by tax planning is unrelated to a stock’s fundamentals. It is usually a poor investment decision, but regardless, it’s commonly done. So large declines share prices in the fourth quarter are commonly seen in low-priced stocks. Higher-priced, dividend-paying stocks tend to be immune to the sell-off.
Tax selling means the stock price will drop while the company’s opportunities are unchanged or even improving. That is what the chart of Alco Advanced Technologies seems to show.
In the spring, the stock moved higher on a large gain in volume. This type of action is usually associated with accumulation where buyers are establishing long-term positions. The price held higher levels throughout the summer.
In October and November, Alco declined more than 50% on relatively light volume. This is most likely a sign that sellers are out of the stock and a bottom has formed.
The timing of the selling coincides with tax selling season. Additional support for that idea comes from the fact that nothing has changed in the fundamentals of Alco.
The chart of Alco shows that the price could triple or move even more before encountering price resistance. Breaking through the summertime highs could set up another uptrend in the stock.
Alco Advanced Technologies manufactures and distributes electronic security products and systems. It specializes in turnkey service contracts for electronic security inspection of containers and other traffic for various types of port of entries, such as sea ports.
The company’s turnkey solution includes financing of various required scanning equipment, software, installation, and integration. In addition, its services consist of construction of a scanning station and secure VPN access for various governmental agencies; electronic inspection services; and security integration services.
Alco is a low-priced stock in a multibillion dollar market. The recent price weakness could prove to be an opportunity for buyers at this level.
About GLX - The Global Listing Exchange
The Global Online Investment Community - GLX provides interactive advertising, conference and event coordination, digital IR/PR, journalism, market intelligence, media/marketing, news dissemination, research, video production and ancillary specialty communications services to publicly traded companies worldwide.
Contact – GLX:
The GLX Editor's Desk+1 855 GLX INTL | +1 855 459 4685
editor@glxinc.com | www.glxinc.com
A number of statements referenced in this Release, and any other interviews that have been made, are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, and goals, assumption of future events or performance are not statements of historical fact and may be “forward-looking statements.” Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this actions may be identified through the use of words such as “expects,” “will,” “anticipates,” “estimates,” “believes,” or statements indicating certain actions “may, “could,” or “might,” occur. Such statements reflect the current views of the company’s management with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services, and technologies, competitive market conditions, successful closing of acquisition transactions and their subsequent integration, the ability to secure additional sources of financing, the ability to reduce operating expenses, and other factors described in the company's filings with the OTC Markets. The actual results that the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. The company does not undertake any responsibility to update the “forward-looking” statements contained in this news release.
Alco Advanced Technologies (PINK:ALCD) Serving Homeland Security Market
Alco Advanced Technologies manufactures and distributes electronic security products and systems. It specializes in turnkey service contracts for electronic security inspection of containers and other traffic for various types of port of entries, such as sea ports.
The company’s turnkey solution includes financing of various required scanning equipment, software, installation, and integration. In addition, its services consist of construction of a scanning station and secure VPN access for various governmental agencies; electronic inspection services; and security integration services.
According to the Department of Homeland Security, there are 361 ports in the US that see 8,000 foreign flag vessels, 9 million containers of cargo, and nearly 200 million cruise and ferry passengers every year. There are thousands of additional ports in other countries.
Alco delivers scalable efficiency to container and parcel scanning, as well as other modes of security, to all ports of entry. The company transforms patchwork systems that have been developed one piece at a time over many years into a streamlined tool that will increase productivity, eliminate waste, and be easy to manage in the future.
Alco also partners with Port Authorities for longstanding relationships. Their business model incorporates revenue sharing that proportionally increases with growth. It is also expandable into the private sector.
One example of the company’s success is as a security supplier for Carrefour in Colombia. Carrefour is the largest retailer in Europe and the second largest in the world with a total more than 15,600 stores in over 30 countries. It was recently ranked as the seventh largest employer in the private sector in the world.
To deliver security in the Columbian market, Carrefour selected Alco Advanced Technologies electronic security products and integration services. The contract award followed a successful long term trial of four targeted Carrefour gas stations. The Alco products and services are being deployed to all Carrefour stores in Colombia.
Alco’s Management team is promoting this type of partnership which marks an increase in collaboration between the public and private sector. They believe hat for the US and other countries, the only way to increase security and eliminate terrorist attacks will depend on a successful collaboration between the public and private sector.
“The war on terrorism is too important to rely only on one group”, said Alberto Surijon, Alco’s CEO. “The increase in demand on Alco’s electronic inspection service program around the world is a clear sign that countries are now conscious of the problem and now starting to act on it.”
About GLX - The Global Listing Exchange
The Global Online Investment Community - GLX provides interactive advertising, conference and event coordination, digital IR/PR, journalism, market intelligence, media/marketing, news dissemination, research, video production and ancillary specialty communications services to publicly traded companies worldwide.
Contact – GLX:
The GLX Editor's Desk+1 855 GLX INTL | +1 855 459 4685
editor@glxinc.com | www.glxinc.com
A number of statements referenced in this Release, and any other interviews that have been made, are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, and goals, assumption of future events or performance are not statements of historical fact and may be “forward-looking statements.” Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this actions may be identified through the use of words such as “expects,” “will,” “anticipates,” “estimates,” “believes,” or statements indicating certain actions “may, “could,” or “might,” occur. Such statements reflect the current views of the company’s management with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services, and technologies, competitive market conditions, successful closing of acquisition transactions and their subsequent integration, the ability to secure additional sources of financing, the ability to reduce operating expenses, and other factors described in the company's filings with the OTC Markets. The actual results that the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. The company does not undertake any responsibility to update the “forward-looking” statements contained in this news release.
Alco Advanced Technologies (PINK:ALCD) Addressing Port Security Issues
Airport security is a highly visible component of the purpose the Department of Homeland Security serves. But airlines represent only one form of transportation and are only one area of concern to security experts. Seaborne cargo must also be secured.
Experts with the DHS estimate that only 7-10 percent of the cargo that enters US sea ports is scanned for illegal drugs or chemical, nuclear or biological agents. But 100 percent of all cargo is “screened,” using a variety of cooperative programs and technologies, prior to reaching port.
The nation’s economy depends on the smooth operations of sea ports. Shipping to and from US ports moves $700 billion in goods in more than 15 million containers each year, and any attack or disruption of this flow would have serious consequences not only for the U.S. economy, but global commerce as well.
And that’s why the issue of port security, both the physical entity ashore as well as ensuring that arriving ships are not carrying items intended to harm or disrupt the nation, is critical, but somehow it seems to fall below the radar when matters of national security are debated.
The process of screening cargo starts at the point of origin, when the National Targeting Center (NTC) screens the manifest of ships that are leaving foreign ports. The NTC uses various methods for determining what cargo—or what shippers—poses a greater security risk than others by using different algorithms.
Homeland Security also runs several programs to assist in this effort, the most wide-ranging of these being the Secure Freight Initiative (SFI). In December 2006, Homeland Security, in conjunction with the Energy Department, launched SFI as a pilot program to test if it would be possible to physically scan 100% of U.S.-bound container cargo at three foreign ports—Puerto Cortes, Honduras; Qasim, Pakistan; and Southampton, England—later adding the ports of Busan, South Korea; Hong Kong; Salalah, Oman; and Singapore to the program.
SFI is operational at five of these seaports, and while the program increases the U.S. government’s ability to have containers scanned for nuclear and radiological material while overseas, the program hasn’t been as successful as Homeland Security officials had wanted. The Government Accountability Office (GAO) reported that the feasibility of scanning all U.S.-bound cargo at foreign ports “remains largely unproven.”
Alco Advanced Technologies is a proven expert in addressing this problem. The company offers lectronic Security Inspection for containers. Alco offers turnkey services for all ports of entry. Alco’s mission is for the preservation and improvement of tasks related to the efficiency of Port Security.
About GLX - The Global Listing Exchange
The Global Online Investment Community - GLX provides interactive advertising, conference and event coordination, digital IR/PR, journalism, market intelligence, media/marketing, news dissemination, research, video production and ancillary specialty communications services to publicly traded companies worldwide.
Contact – GLX:
The GLX Editor's Desk+1 855 GLX INTL | +1 855 459 4685
editor@glxinc.com | www.glxinc.com
A number of statements referenced in this Release, and any other interviews that have been made, are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, and goals, assumption of future events or performance are not statements of historical fact and may be “forward-looking statements.” Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this actions may be identified through the use of words such as “expects,” “will,” “anticipates,” “estimates,” “believes,” or statements indicating certain actions “may, “could,” or “might,” occur. Such statements reflect the current views of the company’s management with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services, and technologies, competitive market conditions, successful closing of acquisition transactions and their subsequent integration, the ability to secure additional sources of financing, the ability to reduce operating expenses, and other factors described in the company's filings with the OTC Markets. The actual results that the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. The company does not undertake any responsibility to update the “forward-looking” statements contained in this news release.
GTX Corp CEO Patrick Bertagna on Undiscovered Equity
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Today, the Internet -- tomorrow, the Internet of Things?
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About GTX Corp
GTX Corp® utilizes the latest in miniaturized, low power consumption technology and offers a robust 2 way GPS and cellular location platform that enables subscribers to track in real time the whereabouts of people, pets, or high valued assets through a complete end to end - customizable GPS/GPRS transceiver module, wireless connectivity gateway, Smartphone Apps, middleware, and viewing portal. For further information please visit: www.gtxo.irnewsroom.com
www.gtxcorp.com | www.facebook.com/gtxcorp | www.twitter.com/gtxcorp
General / Licensing Information - info@gtxcorp.com
Investor Relations | (213) 489-3019 ext 646 | ir@gtxcorp.com
Media | Suzy Ginsburg | (713) 334-2357 | suzy@gcomworks.com
About GLX - The Global Listing Exchange
The Global Online Investment Community - GLX provides interactive advertising, conference and event coordination, digital IR/PR, journalism, market intelligence, media/marketing, news dissemination, research, video production and ancillary specialty communications services to publicly traded companies worldwide.
Contact – GLX:
The GLX Editor's Desk+1 855 GLX INTL | +1 855 459 4685
editor@glxinc.com | www.glxinc.com
A number of statements referenced in this Release, and any other interviews that have been made, are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, and goals, assumption of future events or performance are not statements of historical fact and may be “forward-looking statements.” Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this actions may be identified through the use of words such as “expects,” “will,” “anticipates,” “estimates,” “believes,” or statements indicating certain actions “may, “could,” or “might,” occur. Such statements reflect the current views of the company’s management with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services, and technologies, competitive market conditions, successful closing of acquisition transactions and their subsequent integration, the ability to secure additional sources of financing, the ability to reduce operating expenses, and other factors described in the company's filings with the OTC Markets. The actual results that the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. The company does not undertake any responsibility to update the “forward-looking” statements contained in this news release.
GTXO Corp - 250% Increase in Revenue Video
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About GTX Corp
GTX Corp® utilizes the latest in miniaturized, low power consumption technology and offers a robust 2 way GPS and cellular location platform that enables subscribers to track in real time the whereabouts of people, pets, or high valued assets through a complete end to end - customizable GPS/GPRS transceiver module, wireless connectivity gateway, Smartphone Apps, middleware, and viewing portal. For further information please visit: www.gtxo.irnewsroom.com
www.gtxcorp.com | www.facebook.com/gtxcorp | www.twitter.com/gtxcorp
General / Licensing Information - info@gtxcorp.com
Investor Relations | (213) 489-3019 ext 646 | ir@gtxcorp.com
Media | Suzy Ginsburg | (713) 334-2357 | suzy@gcomworks.com
About GLX - The Global Listing Exchange
The Global Online Investment Community - GLX provides interactive advertising, conference and event coordination, digital IR/PR, journalism, market intelligence, media/marketing, news dissemination, research, video production and ancillary specialty communications services to publicly traded companies worldwide.
Contact – GLX:
The GLX Editor's Desk+1 855 GLX INTL | +1 855 459 4685
editor@glxinc.com | www.glxinc.com
A number of statements referenced in this Release, and any other interviews that have been made, are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, and goals, assumption of future events or performance are not statements of historical fact and may be “forward-looking statements.” Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this actions may be identified through the use of words such as “expects,” “will,” “anticipates,” “estimates,” “believes,” or statements indicating certain actions “may, “could,” or “might,” occur. Such statements reflect the current views of the company’s management with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services, and technologies, competitive market conditions, successful closing of acquisition transactions and their subsequent integration, the ability to secure additional sources of financing, the ability to reduce operating expenses, and other factors described in the company's filings with the OTC Markets. The actual results that the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. The company does not undertake any responsibility to update the “forward-looking” statements contained in this news release.
The Peggy Smedley Show Wraps up First-Responders Series in November
Also featured on The Peggy Smedley Show will be Patrick Bertagna.
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Alzheimer’s Patients Provided with Shoes Installed with GPS
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GTXO Filed Q3, 12 Days Early With 250% Increase
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GPS Shoe Video
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GPS Shoe Video
GTX Corp (OTCQB: GTXO) GPS Shoes Noted in Press Around the World
In a feature of the New York Times called “The New Old Age,” columnist Paula Span reviewed the GPS shoe that GTX is marketing with partner Aetrex Worldwide. The columnist noted that she doesn’t normally review products and finds many to be less reliable than advertised. However, she singled the GPS shoe out for praise on October 14 in “A Shoe for Wanderers.”
Simply stated, the author noted that, “A shoe with a hidden GPS device may help caregivers find wandering family members.” The article cites the benefits of the product compared with alternatives and offers several quotes from an expert on aging that explains why the shoe is a sensible solution to the problem of helping senior citizens who suffer from Alzheimer’s and can become lost after wandering off from the safety of caregivers.
The article concludes favorably that, “But whenever I drive the highways of New Jersey and see a “Silver Alert” on the overhead signs, I think there have to be better ways to find vulnerable elderly wanderers. Maybe a shoe with a locator will prove to be one.”
That storyline has been repeated in the New York Daily News, where the article sat in the top 10 most read stories on the day of release.
European media coverage has also been extensive with Rob Lever at Agence France Presse putting out a story over the weekend. The AFP is essentially the Associated Press of Europe and Asia and according to Mason Media Relations it was carried (sometimes in multiple cities) in the following countries: China, Russia, Germany, India, Switzerland, South Africa, Poland, Canada, Taiwan, Israel, Arab Emirates, Qatar and Luxembourg. And in the US the story ran in USA TODAY, US News and World Report, Yahoo and Google News.
In fact if you Google "gps shoes alzheimers patients hit US" you will see dozens of articles from all over the world that have recently featured the award winning patented GPS Smart Shoe.
GTX delivered the first 3,000 tracking devices in September and the shoes should be available before the end of the year. The Aetrex GPS Shoes will be sold at www.aetrex.com, www.gpsshoe.com, www.foot.com, and www.gtxcorp.com. The estimated retail price will be under $300, and a monthly subscription will provide tracking capabilities for $30 to $40 a month.
GTX should benefit from the news coverage as extensive press brings more awareness to the company and opens up opportunities. The company has a market cap of only $5 million so increased product awareness could lead to increased investor awareness, and the potential profits of the company in such a large market could lead to a significantly higher stock price.
Publicity has been shown in studies to lead to growth and GTX is benefiting from a product generating tremendous worldwide publicity, and investors should consider what this could mean for the stock.
About GTX Corp
GTX Corp® utilizes the latest in miniaturized, low power consumption technology and offers a robust 2 way GPS and cellular location platform that enables subscribers to track in real time the whereabouts of people, pets, or high valued assets through a complete end to end - customizable GPS/GPRS transceiver module, wireless connectivity gateway, Smartphone Apps, middleware, and viewing portal. For further information please visit: www.gtxo.irnewsroom.com
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A number of statements referenced in this Release, and any other interviews that have been made, are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, and goals, assumption of future events or performance are not statements of historical fact and may be “forward-looking statements.” Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this actions may be identified through the use of words such as “expects,” “will,” “anticipates,” “estimates,” “believes,” or statements indicating certain actions “may, “could,” or “might,” occur. Such statements reflect the current views of the company’s management with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services, and technologies, competitive market conditions, successful closing of acquisition transactions and their subsequent integration, the ability to secure additional sources of financing, the ability to reduce operating expenses, and other factors described in the company's filings with the OTC Markets. The actual results that the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. The company does not undertake any responsibility to update the “forward-looking” statements contained in this news release.
High-Tech Shoes Aim To Stop Wandering Alzheimer's Patients
High-Tech Shoes Aim To Stop Wandering Alzheimer's Patients
GTX Corp (OTCQB: GTXO) Expands Customer Support Platform for GPS Shoes
With the company’s GPS-enabled shoes reaching market, GTX Corp ramped up its customer support for seniors benefiting form the shoes.
GTX Corp, an established leader in customizable, two-way GPS Personal Location Services (PLS) solutions, recently announced that it was entering into a Fulfillment and Customer Service Agreement with Aetrex Worldwide, Inc. and Omnilink Systems.
Aetrex has taken delivery of 3,000 GPS tracking devices from GTX for shoes that will help families locate seniors who wander off. Wandering behavior is commonly seen among patients with Alzheimer’s. The unique technology developed by GTX will allow care givers to locate the at-risk adult using any mobile device and get them back to safety quickly.
Omnilink will provide an e-commerce and customer service platform for the Aetrex GPS Shoe, enhancing the sales, marketing and customer support for the product and user community. MedicAlert Foundation, known for their live 24/7 emergency medical information and identification services, has joined the alliance and will provide 24/7 location-based emergency services for Aetrex GPS Shoe customers.
This world-class Partner Alliance was created to provide a senior-friendly, 24/7 customer support platform for consumers and caregivers to assist in selecting monthly plans, GPS Shoe features, best use tips and general overall customer service. The Agreement will allow GTX Corp and Aetrex to concentrate on their core competencies while the Partner Alliance handles support, e-commerce and customer care for this new potentially life-saving technology.
Patrick Bertagna, GTX Corp Chairman and CEO noted the importance of the announcement, "As the GPS Shoe transitions from vision to reality and we approach the launch we are excited and honored to align ourselves with these exceptional companies.”
Omnilink's President and CEO, Kelly Gay, added, "Omnilink has had the privilege of building unique solutions for helping ensure the safety and security of individual's with Alzheimer's. We are very excited to now have the GPS shoe available as one of the first human-wearable, location-monitoring device options for this market."
"For over 55 years, the MedicAlert Foundation has been providing vital health information on behalf of millions of people in all types of emergencies. Through this Alliance, our objective is to provide another service option that helps families and other caregivers to ensure the safety of individuals living with Alzheimer's, and that first responders have the necessary information in an emergency to effectively address their needs," stated Andrew Wigglesworth, President and CEO of MedicAlert Foundation.
About GTX Corp
GTX Corp® utilizes the latest in miniaturized, low power consumption technology and offers a robust 2 way GPS and cellular location platform that enables subscribers to track in real time the whereabouts of people, pets, or high valued assets through a complete end to end - customizable GPS/GPRS transceiver module, wireless connectivity gateway, Smartphone Apps, middleware, and viewing portal. For further information please visit: www.gtxo.irnewsroom.com
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A number of statements referenced in this Release, and any other interviews that have been made, are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, and goals, assumption of future events or performance are not statements of historical fact and may be “forward-looking statements.” Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this actions may be identified through the use of words such as “expects,” “will,” “anticipates,” “estimates,” “believes,” or statements indicating certain actions “may, “could,” or “might,” occur. Such statements reflect the current views of the company’s management with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services, and technologies, competitive market conditions, successful closing of acquisition transactions and their subsequent integration, the ability to secure additional sources of financing, the ability to reduce operating expenses, and other factors described in the company's filings with the OTC Markets. The actual results that the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. The company does not undertake any responsibility to update the “forward-looking” statements contained in this news release.
GPS shoes for Alzheimer's patients to hit US
The first shoes with built-in GPS devices -- to help track down dementia-suffering seniors who wander off and get lost -- are set to hit the US market this month, the manufacturer says.
GTX Corp said the first batch of 3,000 pairs of shoes has been shipped to the footwear firm Aetrex Worldwide, two years after plans were announced to develop the product.
The shoes will sell at around $300 a pair and buyers will be able to set up a monitoring service to locate "wandering" seniors suffering from Alzheimer's Disease.
Andrew Carle, a professor at George Mason University's College of Health and Human Services who was an adviser on the project, said the shoes are likely to save lives and avoid embarrassing and costly incidents with the elderly.
"It's especially important for people in the earliest stages of Alzheimer's who are at the highest risk," Carle told AFP.
"They might be living in their home but they're confused. They go for a walk and they can get lost for days."
Carle said studies indicate more than five million Americans suffer from Alzheimer's, a number expected to quadruple in the coming years. He said 60 percent of sufferers will wander and become lost and up to half of those lost who are not found within 24 hours may die, from dehydration, exposure or injury.
Other devices such as bracelets or pendants can provide similar protection but seniors often reject these.
"The primary reason is that paranoia is a manifestation of the disease," Carle said. "If you put something on someone with Alzeheimer's that they don't recognize, they remove it. If it's a wristwatch and it's not their wristwatch, they will take it off. So you have to hide it."
The GPS system, which is implanted in the heel of what appears to be a normal walking shoe, allows family members or carers to monitor the wearer and to set up a "geofence" that would trigger an alert if the person strays beyond a certain area.
The shoes are being developed by GTX Corp., which makes miniaturized Global Positioning Satellite tracking and location-transmitting technology, and Aetrex. They received certification from the Federal Communications Commission this year for the system.
The makers say the market for such shoes is growing, given the soaring costs of Alzheimer's.
"This is a significant milestone for both companies and while the $604 billion worldwide cost of dementia has become and will continue to be a significant fiscal challenge, the under $300 GPS enabled shoes will ease the enormous physical and emotional burden borne by Alzheimer's victims, caregivers and their geographically distant family members," said Patrick Bertagna, chief executive of GTX Corp.
Professor Carle said the original idea was to develop the shoes for children and long-distance runners but the makers changed the plan when he offered his advice, noting that the devices can also help ease a lot of anxiety about seniors who want to remain active.
"They feel a need to walk and it is good for them," he said. "They should take a walk. It's good for them."
GTX Corp (OTCQB: GTXO.OB) Insiders Buying Shares at Market Prices
Insiders are defined as corporate officers and executives, which includes the CEO, senior managers, and independent directors of a company. They include the people serving on the company’s Board of Directors and the management team that prepares reports for the Board to consider. Insiders will generally have a solid understanding of the business plan, current operating results, and future prospects for their company. When they buy, they are indicating that based on what they know, they think their own company represents the best possible investment option they have. Insider buying shows that they are putting their own money into the company.
Because insiders have access to important information that other investors don’t have, the Securities and Exchange Commission (SEC) requires them to report all of their buying and selling activity in their company’s stock. These reports are available to individual investors, and from these filings we can learn that GTX has been the target of large insider purchases all year. Six different insiders have made purchases in 2011, and all of the transactions have been near the recent stock price. There have not been any sales.
Acquisitions at market prices are an especially important signal to potential investors. Many insiders get shares as part of their compensation and these are in essence free stock in the company. Other insiders get options that allow them to purchase shares at deep discounts to the current market price, and these transactions are riskless to the insider but offer no information to outside investors.
With GTX recently trading near $0.06 a share, the SEC filings allow investors to see that purchases have been made between $0.05 and $0.07 a share. This shows investors that insiders seem to believe the stock is undervalued at these prices. They now control more than 25 percent of the outstanding shares.
Market timing is more difficult with insider transaction data. These are generally long-term investments and signal that the buys feel confident in the long-term prospects of the company. Insiders are not short-term traders and they face a number of restrictions from the SEC to prevent them from taking short-term gains.
Individual investors looking for long-term investors should consider reviewing insider filing data and taking positions along side the smart money in a company.
About GLX - The Global Listing Exchange
The Global Online Investment Community - GLX provides interactive advertising, conference and event coordination, digital IR/PR, journalism, market intelligence, media/marketing, news dissemination, research, video production and ancillary specialty communications services to publicly traded companies worldwide.
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About GTX Corp
GTX Corp® utilizes the latest in miniaturized, low power consumption technology and offers a robust 2 way GPS and cellular location platform that enables subscribers to track in real time the whereabouts of people, pets, or high valued assets through a complete end to end - customizable GPS/GPRS transceiver module, wireless connectivity gateway, Smartphone Apps, middleware, and viewing portal. For further information please visit: www.gtxo.irnewsroom.com
www.gtxcorp.com | www.facebook.com/gtxcorp | www.twitter.com/gtxcorp
General / Licensing Information - info@gtxcorp.com
Investor Relations | (213) 489-3019 ext 646 | ir@gtxcorp.com
Media | Suzy Ginsburg | (713) 334-2357 | suzy@gcomworks.com
A number of statements referenced in this Release, and any other interviews that have been made, are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, and goals, assumption of future events or performance are not statements of historical fact and may be “forward-looking statements.” Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this actions may be identified through the use of words such as “expects,” “will,” “anticipates,” “estimates,” “believes,” or statements indicating certain actions “may, “could,” or “might,” occur. Such statements reflect the current views of the company’s management with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services, and technologies, competitive market conditions, successful closing of acquisition transactions and their subsequent integration, the ability to secure additional sources of financing, the ability to reduce operating expenses, and other factors described in the company's filings with the OTC Markets. The actual results that the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. The company does not undertake any responsibility to update the “forward-looking” statements contained in this news release.
Nyxio Technologies Corp (OTC Pink: NYXO.PK) Enters Tablet Market
Nyxio Technologies is a leading provider of quality cutting-edge consumer electronics. The company recently announced that the introduction of its latest product line to the market which will be the OMEGA tablets. This is a full function, sleekly designed, and compact tablet PC based on the Windows 7 operating system. It will be compatible with all forms of media, gaming, and social networking making it perfect for the consumer looking for a single product to meet multiple functional demands.
Giorgio Johnson, founder and CEO of Nyxio, noted that, “The new Nyxio OMEGA PCs are compact, stylish and professional. Their versatility makes them the optimal choice for a multitude of users and the tablet’s progressive features make them stand out from other brands on the market.”
There are three tablets in the OMEGA product line, the Classic, Premier, and Ultimate. Each features Windows 7. The OMEGA Ultimate tablet also features a dual Win 7 and Android OS, and all tablets feature BlueStacks, which makes android apps compatible with the tablets. Integrated components also include Wi-Fi, Bluetooth, a webcam, and 3G connectivity. The touch-screen navigation enables users to move through applications and features easily. There is an optional keyboard case to offer added protection and seamless transition when working, traveling or commuting.
Currently, the OMEGA tablet line is available online at www.nyxio.com and pricing begins at $699.
The market for tablet devices is set to explode over the next four years, according to the well respected information technology research firm Gartner. The company predicts that 19.5 million tablet devices will be sold before the end of 2010, about $9 billion worth of sales. Gartner forecasts that the annual sales figure will rise by 181 percent to almost 55 million tablet PCs in 2011, and increase more than tenfold to 208 million in 2014.
Nyxio’s current product line also includes the VioSphere Smart TV, which is Nyxio's flagship product. VioSphere is an innovative touch screen TV with an integrated built-in personal computer. The company admits that consumers can think of it as a PC in a TV or a TV within a PC. Either way, the VioSphere allows for television viewing, immediate, integrated internet access, and full PC capability like using word processing software or spreadsheets.
Nyxio Technologies Corp.
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A number of statements referenced in this Release, and any other interviews that have been made, are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, and goals, assumption of future events or performance are not statements of historical fact and may be “forward-looking statements.” Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this actions may be identified through the use of words such as “expects,” “will,” “anticipates,” “estimates,” “believes,” or statements indicating certain actions “may, “could,” or “might,” occur. Such statements reflect the current views of the company’s management with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services, and technologies, competitive market conditions, successful closing of acquisition transactions and their subsequent integration, the ability to secure additional sources of financing, the ability to reduce operating expenses, and other factors described in the company's filings with the OTC Markets. The actual results that the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. The company does not undertake any responsibility to update the “forward-looking” statements contained in this news release.
GTX Corp Ships First 3,000 GPS Shoe Devices
GTX Corp Ships First 3,000 GPS Shoe Devices to Footwear Partner Aetrex Worldwide
Alzheimer’s Claims a New Victim every 7 Seconds and dementia had an estimated worldwide cost in 2010 of $604 billion
LOS ANGELES, CA September 21, 2011: GTX Corp (OTCQB: GTXO), a leader in customizable, miniaturized GPS Personal Location Services (PLS) solutions, announced today the FCC certification of the GPS Shoe and the delivery of the first 3,000 units to shoe partner Aetrex Worldwide, Inc. As millions of boomers are approaching 65 and in recognition of World Alzheimer's Day on September 21, 2011, GTX Corp is proud to announce the release of the world's first GPS tracking technology to be imbedded into comfort and wellness shoes for individuals afflicted with Alzheimer's disease and related dementia.
“This is a significant milestone for both Companies and while the $604 billion worldwide cost of dementia has become and will continue to be a significant fiscal challenge, the under $300 GPS enabled shoes will ease the enormous physical and emotional burden borne by Alzheimer’s victims, caregivers and their geographically distant family members,” states Patrick Bertagna CEO of GTX Corp and co inventor of the award winning, multi patent GPS Shoe.
"The GPS Shoe has the potential to be life saving, as well as life changing technology for those afflicted and their caregivers," says Andrew Carle, who has been internationally recognized for coining the term “Nana” Technologies for describing technology for older adults. Carle has served as an advisor to GTX Corp for the past 3 years and is additionally Director of the Program in Senior Housing Administration at George Mason University in Fairfax, VA. "The shoes also hold the potential to save governments hundreds of millions of dollars in search and rescue operations, as well in health care costs for those otherwise injured." The World Alzheimer Report 2010 provides the clearest, most comprehensive global picture yet of the economic impact of Alzheimer's disease and dementia.
Over five million Americans suffer from Alzheimer’s and without a cure; those numbers are expected to quadruple, to more than 20 million in the U.S. and 106 million worldwide. Statistics show 60% of those afflicted will wander and become lost and up to half of those lost who are not found within 24 hours may die, from dehydration, exposure, or injury. Because paranoia is a manifestation of the disease, many will remove objects placed upon them with which they are unfamiliar. However, habitual memory, which includes getting dressed, is the last type of memory retained in individuals with Alzheimer's. Affirming the placement of the miniaturized 2-way GPS technology in comfort and wellness shoes an efficient and useful monitoring solution for the estimated 15 million family and caregivers of people suffering from the disease.
The Aetrex GPS Shoes will be available for sale at www.aetrex.com, www.gpsshoe.com, www.foot.com and www.gtxcorp.com for an estimated retail price of $299 anticipated beginning in or around the second half of October.
About GTX Corp
GTX Corp® utilizes the latest in miniaturized, low power consumption technology and offers a robust 2 way GPS and cellular location platform that enables subscribers to track in real time the whereabouts of people, pets, or high valued assets through a complete end to end - customizable GPS/GPRS transceiver module, wireless connectivity gateway, Smartphone Apps, middleware, and viewing portal. For further information please visit:
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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.
GTX Corp Targeting Fast Growth Mobile Data
GTX Corp (OTCQB: GTXO.OB) Targeting Fast Growth Mobile Data Consumption Market
“Keeping you connected to whom and what matters most,” is the simplest way to describe what GTX does. The company is a leader in GPS tracking-enabled applications for mobile devices, and a recent report from Wedbush Securities outlined the rapid growth that market has seen.
Wedbush noted that the number of mobile data users grew by 95.5 percent year-over-year, page views increased by 149.6 percent and data usage was up 163 percent year-over-year. In the second quarter of 2011, they reported that the estimated number of mobile phones grew to o 365 million units. Smart phones accounted for 106.5 million of those devices. Apple took the top ranked position among smart phone users, followed by Samsung, Nokia (which fell from number one in the first quarter of the year), RIM (the maker of Blackberry devices), and HTC.
GTX offers apps that work on phones from all five of the top manufacturers.
One of the products that GTX offers is the LOCiMOBILE GPS Tracking Apps. It has proven to be popular with consumers and has been downloaded more than a million times in over 125 countries. After downloading the app to their smart phones, users can easily find exactly where friends or family are. Users add contacts they’d like to track using the app. After hitting the "LOCi" button for friends and family who have agreed to be trackable, their location appears within seconds on a Google map. In addition to the requirement to agree to be located by the user, there are other options to maintain privacy.
GTX has significant growth potential from this technology. Additional apps for the Personal Location Service technology include Deal of the Day notifications, a targeted marketing campaign. LOCiMOBILE makes it possible to push the messages only to consumers in a specific area, helping retailers connect with potential nearby buyers. Retailers have long depended upon walk-in traffic, and GPS Tracking Apps allow the retailer to reach potential consumers who may be driving to a nearby grocery store.
The newly launched MyChamberApp uses GTX GPS-enabled technology to allow for precise targeting of consumer promotions. Small towns often revolve around their downtowns, generally a collection of the small businesses that drive the local economy and a park for recreation or historic sites to explore and learn about the history of the community. That means consumers are already nearby, boosting the effectiveness of the ads. Celebrations that define small towns can now become big sales days for businesses using the app to offer specials to potential buyers already in the area.
MyChamberApp is the only mobile directory of businesses owned and operated by local chamber members. It creates a variety of marketing options for local communities. Precise proximity marketing has long been a potential killer app in the smart phone market, and GTX is among the first companies to find a way to target the ads. MyChamberApp also offers cities and chambers the opportunity to demonstrate that they are on the leading edge of technology.
Offering strong products in a rapidly growing industry has been a successful business model in the past. GTX is applying that model in the rapidly expanding mobile data market.
About GTX Corp
GTX Corp® utilizes the latest in miniaturized, low power consumption technology and offers a robust 2 way GPS and cellular location platform that enables subscribers to track in real time the whereabouts of people, pets, or high valued assets through a complete end to end - customizable GPS/GPRS transceiver module, wireless connectivity gateway, Smartphone Apps, middleware, and viewing portal. For further information please visit: www.gtxo.irnewsroom.com
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The Global Online Investment Community - GLX provides interactive advertising, conference and event coordination, digital IR/PR, journalism, market intelligence, media/marketing, news dissemination, research, video production and ancillary specialty communications services to publicly traded companies worldwide.
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A number of statements referenced in this Release, and any other interviews that have been made, are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, and goals, assumption of future events or performance are not statements of historical fact and may be “forward-looking statements.” Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this actions may be identified through the use of words such as “expects,” “will,” “anticipates,” “estimates,” “believes,” or statements indicating certain actions “may, “could,” or “might,” occur. Such statements reflect the current views of the company’s management with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services, and technologies, competitive market conditions, successful closing of acquisition transactions and their subsequent integration, the ability to secure additional sources of financing, the ability to reduce operating expenses, and other factors described in the company's filings with the OTC Markets. The actual results that the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. The company does not undertake any responsibility to update the “forward-looking” statements contained in this news release.
Wall Street Analyst: Nyxio Technologies Corp Undervalued
Wall Street Analyst: Nyxio Technologies Corp (OTCBB: NYXO.OB) Undervalued by 365%
Ray Dirks Research has been preparing research since 1963, and the firm’s founder uncovered one of the biggest financial frauds of the 1970s. With that kind of track record, the firm’s recent recommendation of Nyxio is worth paying attention to.
Nyxio should see “Significant Capital Appreciation over the Short Term (One Year), the Intermediate Term (Two Years). Specifically, Ray Dirks Research thinks that the shares of Nyxio Technologies will appreciate by about 4 times within a year to about $3.00 per share, will go up to about $7.00 per share within 2 years,” according to the Dirks report.
Nyxio’s management team is cited as the key factor that will drive the stock price higher. Since the company’s founding in 2007, management has demonstrated the ability to constantly innovate and keep ahead of the rapidly changing technology curve.
Dirks describes the company, saying, “Nyxio is dedicated to bringing revolutionary designs to the marketplace – including tablet PCs, All-in-One PCs, Smart TVs, and ground-breaking concepts like the Venture “Mobile Media Viewer” (“VMMV”). NYXO’s development process identifies technical deficiencies within the consumer electronics market and aims to develop product offerings that provide creative solutions.
Nyxio’s flagship product, the VioSphere Smart TV, is the only integrated flat screen TV and full PC available on the market today. Smart TV is a cross-functional device that incorporates television and the Web, offering TV applications and other interactive Internet services, such as online shopping, games, and Internet phone calls. Nyxio released the product three years before the consensus determined that the Connected TV and Smart TV would ride the next consumer technology wave. “
Over the long-term, Dirks sets a price target of $12 a share by September 2014. They expect to hear a number of announcements from Nyxio about orders in the next few months and estimate that the VioSphere Smart TV could see orders totaling more than $200 million over that time.
Nyxio has recently been trading near $0.65 a share, significantly less than the targets established in the report. It may be a very undervalued stock if the sales forecasts made the research firm are met.
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A number of statements referenced in this Release, and any other interviews that have been made, are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, and goals, assumption of future events or performance are not statements of historical fact and may be “forward-looking statements.” Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this actions may be identified through the use of words such as “expects,” “will,” “anticipates,” “estimates,” “believes,” or statements indicating certain actions “may, “could,” or “might,” occur. Such statements reflect the current views of the company’s management with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services, and technologies, competitive market conditions, successful closing of acquisition transactions and their subsequent integration, the ability to secure additional sources of financing, the ability to reduce operating expenses, and other factors described in the company's filings with the OTC Markets. The actual results that the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. The company does not undertake any responsibility to update the “forward-looking” statements contained in this news release.
Bio-Clean International Boosts Manufacturing Capability With Joint Venture
Through its previously announced joint venture with Green Bridge Industries, Inc. and its wholly owned subsidiary, ZAP Industries, Inc., Bio-Clean International will receive assistance from Green Bridge Industries to implement the setup of Bio-Clean International as a manufacturer of green and other cleaning products. This will directly support Bio-Clean International’s sales and marketing goals.
Under this recently announced plan, Bio-Clean will control the manufacturing of these products as well as other related products necessary for future expansion plans. Bio-Clean will assume part of Green Bridge’s debt as part of the purchase. ZAP Industries, as part of this agreement, will be an exclusive ingredient supplier to Bio-Clean for some of the products manufactured.
Both companies are pleased with the partnership. Mike Roth, President of Bio-Clean International commented that, “We are extremely fortunate for this opportunity to become the manufacturer of our products which will increase revenues and the value of our company.”
William White, President of Green Bridge Industries, Inc, noted, “We are truly excited about the expansion of the joint venture we started with Bio-Clean earlier this year. We look forward to the increased revenues this will bring this year and next and hope to expand the line rapidly as they utilize their sales contacts in the governmental and military markets to grow the business.”
Long a leader in this growing field, Bio-Clean supplies a variety of environmentally safe products, including equipment and bio-remediation fluids for a variety of uses, including the cleaning and preservation of equipment used by the military. Bio-Clean’s products are safe for use in all environments and on all kinds of machinery and weapons, from pistols to aircraft-mounted artillery. The cleaning equipment and fluids are also used to maintain aircraft wheels and gear, and are applicable to a wide range of non-military uses as well.
GreenBridge markets EZ Pak cleaning products. Their product line is specially packaged to reduce storage costs and eliminate empty bottles from landfills. Designed to be easy to use, and easy to store, the consumer market offers a potentially very large opportunity. Environmental friendly packages appeal to urban and suburban markets, while the reduced storage space will be especially appealing to apartment dwellers in large cities.
Bio-Clean International, Inc. (OTC Pink: BCLE)
Mike Roth, President & CEO
+ 1 949 201 7665
info@biocleaninternational.com | www.biocleaninternational.com
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A number of statements referenced in this Release, and any other interviews that have been made, are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, and goals, assumption of future events or performance are not statements of historical fact and may be “forward-looking statements.” Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this actions may be identified through the use of words such as “expects,” “will,” “anticipates,” “estimates,” “believes,” or statements indicating certain actions “may, “could,” or “might,” occur. Such statements reflect the current views of the company’s management with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services, and technologies, competitive market conditions, successful closing of acquisition transactions and their subsequent integration, the ability to secure additional sources of financing, the ability to reduce operating expenses, and other factors described in the company's filings with the OTC Markets. The actual results that the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. The company does not undertake any responsibility to update the “forward-looking” statements contained in this news release.
Bio-Clean International, Inc. Signs New Manufacturing Agreement
Bio-Clean International, Inc. Signs New Manufacturing Agreement With Green Bridge Industries As Part Of Joint Venture
Rancho Santa Margarita, CA., September 7 - Bio-Clean International, Inc. (Pink Sheets: BCLE) is pleased to announce that the Company, through its Joint Venture with Green Bridge Industries, Inc. and its wholly owned subsidiary, ZAP Industries, Inc., have reached a manufacturing agreement in which Green Bridge Industries has agreed to assist and implement the setup of Bio-Clean International as a manufacturer of green and other cleaning products needed to fulfill their sales and marketing goals. Under this agreement, Bio-Clean will control the manufacturing of these products as well as other related products for necessary for future expansion plans. Additionally, Bio-Clean will assume part of the Green Bridge’s debt as part of the purchase. ZAP Industries, Inc., as part of this agreement, will be the exclusive ingredient supplier to Bio-Clean for some of the products manufactured.
Mike Roth, President of Bio-Clean International stated: “We are extremely fortunate for this opportunity to become the manufacturer of our products which will increase revenues and the value of our company.”
"We are truly excited about the expansion of the joint venture we started with Bio-Clean earlier this year”, stated William White, President of Green Bridge Industries, Inc. “We look forward to the increased revenues this will bring this year and next and hope to expand the line rapidly as they utilize their sales contacts in the governmental and military markets to grow the business.”
About Bio-Clean International, Inc.
Bio-Clean International is a developer of environmentally-safe cleaning products and bio-remediation fluids designed for a variety of uses." For more information on Bio-Clean International, Inc., visit: www.biocleaninternational.com
About Green Bridge Industries, Inc.:
Green Bridge Industries is a Green Products & Technologies company. Since the Company’s inception, it has grown and thrived in the area of green cleaners. Green Bridge Industries has plans to upgrade its current products as well as introduce new product lines. The first of these is its new EZ PAK™ product line, a dissolvable packet aimed at lowering our carbon footprint while still offering superior cleaning performance as compared to traditional, toxic cleaners. The Company is also actively looking towards joint venture partnerships and acquisitions in the alternative energy sector. For more information on Green Bridge Industries, visit: www.greenbridgeindustries.com.
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Contact – BCLE:
Bio-Clean International, Inc. (OTC Pink: BCLE)
Mike Roth, President & CEO
+ 1 949 201 7665
info@biocleaninternational.com | www.biocleaninternational.com
Contact – GLX:
The GLX Editor's Desk
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A number of statements referenced in this Release, and any other interviews that have been made, are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, and goals, assumption of future events or performance are not statements of historical fact and may be “forward-looking statements.” Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this actions may be identified through the use of words such as “expects,” “will,” “anticipates,” “estimates,” “believes,” or statements indicating certain actions “may, “could,” or “might,” occur. Such statements reflect the current views of the company’s management with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services, and technologies, competitive market conditions, successful closing of acquisition transactions and their subsequent integration, the ability to secure additional sources of financing, the ability to reduce operating expenses, and other factors described in the company's filings with the OTC Markets. The actual results that the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. The company does not undertake any responsibility to update the “forward-looking” statements contained in this news release.
Nyxio Edge 7 Inch Tablet PC Informational Video
Please View This Informational Video On The Nyxio Edge 7 inch Tablet PC with Windows CE Mobile OS:
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Nyxio Edge 7 inch tablet PC with Windows CE mobile OS
Nyxio Technologies First to Market Smart TV
Nyxio Technologies (OTCQB: NYXO) First to Market with Fully Integrated Smart TV
For a company founded in just 2007, Nyxio Technologies has been quick to make its mark on the consumer electronics industry. In just 4 short years, the company has released what it calls the first fully integrated “Smart TV” on the market, a product that so far we’ve only seen on podiums at stages at the Consumer Electronics Show in Vegas.
Called the VioSphere Smart TV, the PC/TV combo features a built-in DVD player and burner, Wi-Fi and Bluetooth capabilities, a 320GB hard drive, a web cam, and video conferencing functionality. Screen sizes range from 22’’ all the up to 65’’, and come standard with a 1920 x 1080p HD screen. The touchscreen PC/TV runs on Windows 7 Ultimate.
What’s cool about the VioSphere is that users can view and engage with web content and television programming simultaneously, essentially making the product a big time and space saving all-in-one entertainment center. Used for the business office or at home, the integrated TV/PC does is perfect for anyone who’s been waiting for a company to successfully put the two together in one machine.
As for investors, it’s not just Nyxio that sees the TV/PC integration market as a big blue ocean. Companies like Apple and Google have made significant investments into product research and development for machines that can bring the Internet and digital TV together under one platform. But even despite massive economies of scale the main competitors tout, ultimately, they’ve been slow to the market with an actual product that appeals to the masses.
Maybe it’s because Apple focused their energies in the wrong direction: using two components (Apple TV and the users actual TV set) instead of one. Maybe the fatal flaw for Google is that they’re perfectionists and have taken their time in getting their smart TVs just right. Or, maybe both companies have been so busy grappling for smart phone market share that they forgot all about other emerging opportunities like smart TV’s.
Whatever the case may be, Nyxio took advantage of their sleeping competition and slipped in nearly undetected, and bam: consumers can say hello to VioSphere.
But that’s not all - although the VioSphere Smart TV is Nyxio's flagship product, the company has introduced various other cutting-edge electronics and accessories. Other products on the market include the Realm, an all-in-one PC/TV; the Omega, a 10.2" tablet PC; and the Venture Mobile Media Viewers (MMV), a new class of video eyewear.
So why should tech investors take note? Because the TV/PC integration revolution could just be right around the corner from the smart phone explosion we’re today tangled in. Century Capital Markets, in a letter released on MarketWire earlier this month, wrote that “The Smart TV market, still in its infancy, appears to have plenty of room to grow”.
The release also goes on to cite that according to SNL Kagen, nearly 100 million Americans currently subscribe to some form of pay-television, but only 4 million Smart TV's were shipped in the US last year. The prediction is that the barn doors have been left open for innovators and manufacturers who are quick and brilliant to capture a strong and sudden foothold in the market.
Share of Nyxio are currently trading at $0.59 a share. On August 18th, the company reported their earnings which showed a net loss of about half a million dollars with just over 15.8 million shares outstanding.
Nyxio Technologies Corp.
2156 NE Broadway Portland, Oregon, 97232
Direct: +1 503-719-4132
Toll-Free: +1 866-310-8128
Email: info@nyxiotech.com
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Nyxio Technologies Corp Adding Android Apps
Nyxio Technologies Corp (OTCBB: NYXO.OB) - Adding Android Apps to Its Products
Nyxio®, a leading provider of high quality cutting-edge consumer electronics, recently announced that it would partner with BlueStacks, a technology company that developed a way to run Android applications on Windows machines. Nyxio will install the BlueStacks program on its "VioSphere" Smart TV, "Omega" Tablet PCs and "Realm" All-In-One PC products.
Android apps are a fast growing market. More than 30,000 were added to the market in July 2011 and there are now more than 270,000 available.
Under the Technology License and Services Agreement between BlueStacks and Nyxio, users of Nyxio's products will be able to seamlessly run Android and Windows applications. Combined with Nyxio’s advanced touch screen technology, this development makes the Smart TV and PC products even more useful to consumers who will now be able to complete virtually any task for work or personal use.
Giorgio Johnson, CEO of Nyxio, summed up the importance of the agreement, “Nyxio is very excited to partner with BlueStacks as the demand for flexibility and a multitude of options in consumer electronics, such as Smart TVs, continues to grow. This agreement exemplifies Nyxio’s dedication to anticipating consumers’ needs, and fulfilling that need by continually being innovative. With BlueStacks on the VioSphere SmartTV as well as on Nyxio’s tablets and PCs, the consumer will be able to utilize both a Windows operating system and Android apps. This isn’t just exciting for Nyxio and BlueStacks, but for Nyxio's customers as well.”
BlueStacks CEO Rosen Sharma also commented on the possibilities. He said, “Consumers these days want choice, and the ability to use one device for personal use, entertainment and work. We look forward to collaborating with Nyxio to enable their unique line of Windows AiO PC, TV and Tablet products to leverage Android applications and bring new functionality to their customers.”
Convergence between Windows and Android applications offers users unlimited possibilities and Nyxio is at the leading edge of this development.
Nyxio Technologies Corp.
2156 NE Broadway Portland, Oregon, 97232
Direct: +1 503-719-4132
Toll-Free: +1 866-310-8128
Email: info@nyxiotech.com
Investor Relations
Summit IR Services, Inc.
Phone: 1-855-436-6996 (NYXO)
Email: investors@nyxiotech.com
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Smokefree Innotec, Inc. (OTC Pink: SFIO) Planning Sale of Belgian Subsidiary
Smokefree Innotec has completed a Letter of Intent to transfer ownership its stake in a Belgium subsidiary to James Denvesron Corp, a deal potentially worth more than $1 million to Smokefree.
George Roth, President of Smokefree Innotec, recently announced that the company had has fully executed a Letter of Intent (LOI) to enter into a definitive agreement with James Denverson Corp., a Nevada corporation. Under the LOI, Smokefree will transfer its 80% ownership and control of SMOKEFREE INNOTEC, Bvba, its Belgium subsidiary corporation, to Denverson.
The parties to the LOI believe that the final agreement will result in consideration of more than $1,000,000 to Smokefree in the form of cash and notes convertible to Denverson shares, plus ongoing royalties.
Smokefree Bvba has achieved remarkable market penetration of the company’s products in Germany and Belgium. The Smokers Option and REAL product lines are available at more than 100,000 locations.
This agreement will consolidate the international marketing efforts of both Denverson and Smokefree Bvba. It also clarifies some points related to intellectual property which will make the new company stronger.
Of course the final agreement will require successful completion of due diligence by all parties. But Roth noted that “the Denverson Management has already been able to create a Bond Security funding package of up to US $3,500,000 as collateral backing for the company.” He added.
“Denverson is also utilizing its best efforts to achieve a listing for Denverson on the Open Market segment of the Frankfurt Stock Exchange for purposes of providing Denverson shareholders with liquidity and of raising equity capital. When that effort is successful, the Notes received by SFIO as part of the consideration under the definitive agreement will be converted and become a marketable asset of the Company.”
Summing up, Roth declared, “This teaming up with Denverson is another step in the direction that SFIO has undertaken to consolidate efforts in developing and distributing e-cigarette products that are wanted and needed by consumers, not only in the U.S., but internationally.
It has been a difficult path that the company has pursued with limited financial and manpower resources, so partnering with highly reputable others such as NASCO and Cannabis Science has aided the Company significantly in its past growth and overcoming regulatory difficulties that have strangled our progress recently.
But that is in the past, what matters is what is to be done next for SFIO customers and shareholders, and teaming up with Denverson appears to us as a light on the horizon for the Company as it navigates though troubled waters."
ABOUT JAMES DENVERSON CORP.
James Denverson Corp., www.denverson.com, a Nevada corporation hereinafter called JDC, is in business of designing and exploiting smokeless products for consumer of non tar or tobacco products in the USA and all over the world. Further, our products will allow the smoker to enjoy smoking either nicotine or flavored non-nicotine cigarettes while not having to worry about the offensive dangers and ill effects of regular cigarette smoking. However, JDC´s products are not intended for any prevention or therapeutic treatment of any disease.
ABOUT SMOKEFREE INNOTEC, INC.
Smokefree Innotec, Inc. (OTC Pink: SFIO), www.smokefree-innotec.com, is in the business of designing, developing, manufacturing and marketing hi-tech, nicotine and non-nicotine cigarette-like delivery devices which are completely smoke and vapor-free and tobacco-free. SFIO's products are designed to protect the non-smoker from second hand smoke and all its effects while providing the smoker a way to enjoy a smoke-free cigarette anywhere, including places where vapor emissions are offensive or smoking tobacco or similar substances is prohibited. Further, our products will allow the smoker to enjoy smoking either nicotine or flavored non-nicotine cigarettes while not having to worry about the offensive dangers and ill effects of regular cigarette smoking. However SFIO's products are not intended for any prevention or therapeutic treatment of any disease.
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George Roth - CEO
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Bio-Clean International, Inc. Signs Manufacturing Agreement With Green Bridge Industries as Part of Joint Venture
RANCHO SANTA MARGARITA, Calif., Sept. 7, 2011 -- Bio-Clean International, Inc. (Pink Sheets: BCLE) is pleased to announce that the Company, through its Joint Venture with Green Bridge Industries, Inc. and its wholly owned subsidiary, ZAP Industries, Inc., has reached a manufacturing agreement in which Green Bridge Industries has agreed to assist and implement the setup of Bio-Clean International as a manufacturer of green and other cleaning products needed to fulfill their sales and marketing goals. Under this agreement, Bio-Clean will control the manufacturing of these products as well as other related products necessary for future expansion plans. Additionally, Bio-Clean will assume part of Green Bridge's debt as part of the purchase. ZAP Industries, Inc., as part of this agreement, will be a primary ingredient supplier to Bio-Clean for some of the products manufactured.
Mike Roth, President of Bio-Clean International stated: "We are extremely fortunate for this opportunity to become the manufacturer of our products which will increase revenues and the value of our company."
"We are truly excited about the expansion of the joint venture we started with Bio-Clean earlier this year," stated William White, President of Green Bridge Industries, Inc. "We look forward to the increased revenues this will bring this year and next and hope to expand the line rapidly as they utilize their sales contacts in the governmental and military markets to grow the business."
About Bio-Clean International, Inc.
Bio-Clean International is a developer of environmentally-safe cleaning products and bio-remediation fluids designed for a variety of uses. For more information on Bio-Clean International, Inc., visit: http://www.biocleaninternational.com
About Green Bridge Industries, Inc.
Green Bridge Industries is a Green Products & Technologies company. Since the Company's inception, it has grown and thrived in the area of green cleaners. Green Bridge Industries has plans to upgrade its current products as well as introduce new product lines. The first of these is its new EZ PAK™ product line, a dissolvable packet aimed at lowering our carbon footprint while still offering superior cleaning performance as compared to traditional, toxic cleaners. The Company is also actively looking towards joint venture partnerships and acquisitions in the alternative energy sector. For more information on Green Bridge Industries, visit: http://www.greenbridgeindustries.com.
Contact - BCLE:
Bio-Clean International, Inc. (OTC Pink: BCLE)
Mike Roth, President & CEO
+ 1 949 201 7665
info@biocleaninternational.com
WWW.BIOCLEANINTERNATIONAL.COM
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Safe Harbor Act:
This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.