GTX Corp. (GTXO) Granted U.S. Patent Related to Location-Based Monitoring Platform
Before the opening bell, GTX Corp. (OTC: GTXO) announced that it was recently granted U.S. patent no. 9,219,978, marking a significant addition to its existing family of communication protocol patents, as well as its overall intellectual property (IP) portfolio. This patent, in addition to previously awarded patents 8,154,401 and 8,760,286, provides considerable value to the company’s IP portfolio and greatly enhances its position in the rapidly growing, multi-billion dollar location-based technology market. All three of these patents are free from limitations regarding form factor or industry, making them applicable to generic tracking devices deployed across numerous industries. “The value of…