GTX Corp. (GTXO.OB) Applies Global Positioning Technology to Everyday Life
The Global Positioning System (GPS) is a satellite navigational system that was originally created by the U.S. Department of Defense. A network of eighteen satellites was initially launched into space with six allocated to three different orbital planes. Today, the system has 29 active satellites that create reference points, enabling geographical positions to be calculated within several meters of accuracy. Business travelers can easily incorporate GTX Corp.’s GPS technology into their lives by incorporating the patent-pending hereIM™ software into a compatible smartphone. The software actually switches the smartphone from a one-way GPS receiver into a two-way receiver and transmitter. By…