GTX Corp. (OTC: GTXO) is committed to pioneering, creating and delivering smart wearable technology. From the company’s award-winning GPS Smart Sole technology for individuals living with debilitating cognitive conditions to the GTX VL2000, its miniaturized, quad-band Take-Along Tracker for family members and high value packages, GTX Corp. is leveraging GPS tracking location-based services to empower the global community and keep individuals connected to who and what matters most.
Last month, the company, through wholly-owned subsidiary LOCiMOBILE, Inc., expanded on this commitment when it announced the launch of its new and improved Track My Workforce (TMWF) app and backend portal. TMWF is specially designed to suit the needs of small- and medium-sized businesses implementing Internet of Things and Big Data Analytics technologies. With this innovative portal and app, employers in a wide range of industries – including food delivery, pharmaceutical sales, construction workers, caregivers, government workers and more – can affordably and efficiently monitor and track their mobile workforce.
“Industry statistics show that there are nearly 30 million SMBs in the U.S., and perhaps close to 200 million worldwide, which makes for a very sizeable market,” Patrick Bertagna, chief executive officer of GTX Corp., stated in a recent news release. “Real time knowledge has become the norm as more employers want to know where their human assets are during working hours. Track My Workforce [is] a simple, affordable and easy to deploy tracking product and service.”
To date, LOCiMOBILE’s suite of consumer apps has been downloaded by over two million users across 162 countries. Through the release of the new TMWF app, GTX Corp. aims to expand this success into other markets and sectors that have large potential to both increase the company’s market share in the GPS tracking and monitoring industry and augment its subscription-based recurring revenue model.
With an established foothold in the growing wearable tech space and an intensified focus on subscription-based revenue, GTX Corp. is well-positioned to realize strong financial growth in the months to come. Last year, Equities.com, an advanced financial data portal, released a comprehensive report (http://dtn.fm/3hYyF) on GTXO’s prospects for achieving sustainable growth. In this article, the author identified GTX Corp. as the “best pure play investment in the wearable tech sector.” Between the company’s extensive IP portfolio and accomplished management team, GTXO appears to be primed to capitalize on its position as a leader in the real-time personal location-based services market, making it an intriguing investment opportunity for prospective shareholders.
For more information, visit www.gtxcorp.com
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