Former Buy.com Executive and KPMG Manager Joins GTX Corp as Chief Financial Officer

Business Wire, April 1, 2008

Experienced Finance Officer Joins Leading Personal Location Services (PLS) Company

LOS ANGELES -- GTX Corp -- (OTCBB:GTXO), a leader in GPS tracking and location-transmitting technology platforms, has named Murray Williams as its new Chief Financial Officer (CFO).

Mr. Williams was one of the founding members of Buy.com, Inc., the second largest multi-category e-commerce company in the world. Between 1998 and 2001, he successfully developed the finance, legal, business development and HR departments, and the company enjoyed its greatest success while he was its highest-ranking financial officer. During his tenure, the company secured over $225 million in private financing and he was a primary driver in the initial public offering process which generated proceeds of an additional $192 million.

After leaving Buy.com, he became an active entrepreneur, creating and investing in numerous companies, and has been responsible for transitioning five companies from private enterprises into publicly traded entities over the past seven years.

Mr. Williams is a CPA and began his career in public accounting with KPMG, where he was a manager leading a team of over 20 professionals specializing in financial services, with an emphasis on public offerings, private financings and mergers and acquisitions.

At GTX Corp, Mr. Williams will assume responsibility for overseeing and managing all financial activities of the company. He accepted his position March 14 and reports to the Board of Directors.

CEO of GTX Corp Patrick Bertagna remarked, "To have an executive of Murray's caliber join our firm is a clear validation of our strength, credibility, and future. He will, with the rest of our team of seasoned and experienced executives, help us successfully commercialize a new breed of innovative PLS business opportunities."

Williams noted, "GTX Corp is a leader in the 2-way GPS market, providing real-time capability to always know the whereabouts of loved ones, high value assets or anything that you want the comfort of knowing its exact location at any point in time. It is very exciting to be an integral part of the leadership team at GTX Corp while it pioneers this space."

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. The 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. With more than five years in research and development, strategic partnerships, and an ongoing program of intellectual property protection, GTX Corp continues its efforts to advance the GPS technology industry and the PLS space. The company is based in Los Angeles, California. www.gtxcorp.com