GPS technology-focused holding company GTX Corp (OTC: GTXO) this morning announced that it has received a new contract from Edwards Air Force Base for additional units of its Personnel, Equipment Tracking System (P.E.T.S.), a lightweight, mobile, non-cellular, encrypted GPS technology platform designed to track personnel and equipment. “It is a true honor to support our military and to be entrusted with developing GPS technology solutions that, at their core, are designed to help save lives,” Patrick Bertagna, CEO of GTX Corp, stated in the news release. “Edwards AFB conducts live ammunitions testing; hence, knowing where every person and asset are on the base in real time is of vital importance. Coming on the heels of signing an agreement with KGH, we are deeply committed to pursuing and growing this channel of government business and currently in discussion with several other agencies.” Per the terms of the contract, GTX Corp is responsible for the manufacturing, installation and ongoing maintenance of the P.E.T.S. platform. The company expects to begin delivering devices this month, with final delivery scheduled for October 2018.
To view the full press release, visit http://ibn.fm/gQjEm
About GTX Corp
GTX Corp (GTXO) is a pioneer in smart, mobile and wearable GPS tracking and recovery location-based products, supported through a proprietary IoT enterprise monitoring platform. GTX offers a global end-to-end solution of hardware, software and connectivity. GTX Corp develops two-way GPS tracking technologies, which seamlessly integrate with consumer products and enterprise applications. GTX Corp utilizes the latest in miniaturized, low-power-consumption GPS, cellular, RF and BLE technology, enabling subscribers to track in real time the whereabouts of people or high-value assets through a complete –end-to-end, customizable transceiver module, wireless connectivity gateway, smart phone apps, middleware and IoT portal. Headquartered in Los Angeles, California, GTX is known for its game-changing and award-winning patented GPS SmartSole® – think Dr. Scholl’s meets LoJack – the world’s first invisible, wearable technology tracking device created for those at risk of wandering due to Alzheimer’s, dementia, autism and traumatic brain injury. GTX Corp’s business model is built around technology innovation and the Company holds over 85 patents, with many issued patents in the area of GPS tracking. The company has international distributors servicing customers in over 35 countries and is a U.S. military government contractor. Other customers include public health authorities and municipalities, emergency and law enforcement, NGOs, private companies, public and private senior care homes and consumers. For more information, visit the company’s website at www.GTXCorp.com
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