GTX Corp. (GTXO.OB) Signs Platform Test Agreement to Bring GPS Shoes to Senior Market
GTX Corp and Aetrex Worldwide, Inc. have entered into a platform test agreement with plans to collaborate on the development and mechanical engineering of GTX’s patented PLS (Position Location System) 2-way transceivers and software systems to track the location of "wandering" seniors afflicted with dementia. "There are a growing number of seniors suffering from dementia and we know over 50% 'wander' without anyone's knowledge of where they are and where they are heading," stated Chris Walsh, an ex Nike executive and current COO of GTX Corp. "The shoe we intend on developing with Aetrex should help authorized family members, friends,…