GTX Corp Completes Shipment of First Volume 2 Way GPS™ Order

GTX and My Athlete are ‘Off and Running’ with gpVector™ Powered Athlete Tracking System (ATS)

GTX Corp (OTCBB:GTXO), a leader in the licensing of GPS/PLS embedded miniaturized 2 Way GPS™ technology, today announced the fulfillment of the order received from My Athlete LLC in May, which came on the heels of My Athlete’s successful soft launch at the Boston Marathon. My Athlete will deploy the units this weekend at the Ford Ironman© World Championships in Kona, HI.

Murray Williams, GTX Corp’s Chief Financial Officer stated “This latest shipment to My Athlete marks our transition from a product development company to a revenue generating enterprise. Licensing our gpVector™ platform hosting the MyAthlete™ ATS on our servers, generates immediate and recurring revenues for the company.”

The MyAthlete™ tracking device is worn on the racer’s belt and transmits his or her location as gathered by the miniaturized 2 Way GPS™ technology onboard via wireless carrier network connectivity in real time every minute they are on a racecourse. Once the location data is received by the GTX Corp servers and proprietary processing software, it is transformed into a breadcrumb trail that is displayed on the MyAthlete™ tracking web portal, using a Google Maps format. It can be viewed from any web browser running Internet Explorer™, Safari™ or Mozilla Firefox™ on PCs, laptops or mobile devices such as the Apple iPhone™ and Blackberry™ smart phones.

About GTX Corp

GTX Corp develops miniaturized Global Positioning Service (GPS) satellite tracking and location-transmitting technology devices for integration into branded licensee consumer products. The company’s Personal Location Services (PLS) platform consists of a matchbook-sized, location-reporting module that utilizes GTX Corp’s “always-on” Assisted-GPS tracking capabilities. At the convergence of technology, media and telecommunications – the TMT sector of the telecom industry – GTX Corp continues its efforts to advance GPS technology as it defines the PLS space. The gpVector™ system uses cellular transmission provided by our wireless carrier partner, AT&T, to deliver real-time geographic coordinates, rendered on Google Maps, to subscribers via secure internet connections. GTX Corp has more than six years in research and development, strategic partnerships, and an ongoing program of intellectual property protection. GTX Corp melds technology and form factor seamlessly to deliver the right solution to specific markets. The company is headquartered in Los Angeles, California, with an R&D facility in Palo Alto California. www.gtxcorp.com

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Contacts

GTX Corp
Ron Pellegrini
SVP – Business Development
(213) 489-3019 ext 641
rpellegrini {at} gtxcorp(.)com
or
Ryan Mulhern
Director of Investor Relations
(877) 489-3019 ext 646
rmulhern {at} gtxcorp(.)com