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Business Services Industry

GTX Corp in the News: CBS News' The Early Show Features Location Aware Technology Saturday Morning in Consumer Watch Segment

Business Wire,  June 25, 2008  

LOS ANGELES -- CBS News' The Early Show featured GTX Corp's (OTCBB: GTXO) gpVector[TM] Personal Location Service (PLS) technology in "'Smart' Clothes: Fashion With Function." The story by Emmy Award winner Susan Koeppen aired in a Consumer Watch segment Saturday, June 21, 2008. CBS News' The Early Show is a national broadcast that covers breaking news and reports on a wide range of subjects from consumer and health issues to personal finance.

GTX Corp's patented GPS "smart shoe" was showcased in the segment noting the technology could be used to track "senior citizens who wander away, or kids who get lost." Additionally featured was GTX Corp licensee MyAthlete LLC which produces a GPS belt empowered by GTX Corp technology. The MyAthlete belt is used to track competitive athletes in real time and was demonstrated on the air by seven-time Ironman triathlete Eric Hodska.

"The interest shown in our footwear implementation has been overwhelming," remarked Patrick Bertagna, CEO and President of GTX Corp. "Being able to demonstrate the power of Personal Location Services (PLS) technologies to CBS' viewers was a privilege for our team. We thank Susan Koeppen for that opportunity."

One of the most compelling applications for the GPS enabled tracking and monitoring platform is to embed the miniaturized gpVector[TM] module in footwear. The solution is designed for use specifically to monitor the well being of children or the elderly afflicted with dementia. GTX Corp has many proprietary uses for its technology and is currently considering several licenses for a variety of applications in the branded consumer products marketplace.

The full story can be read on CBS News' The Early Show's website, http://www.cbsnews.com/stories/2008/06/21/earlyshow/contributors/ susankoeppen/main4200007.shtml, or visit http://www.gtxcorp.com/sites/default/video/smart_clothes_gtx_corp_the _early_show_cbs.wmv to view the video coverage.

(Due to their length, these URLs may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.)

About GTX Corp

GTX Corp develops miniaturized Global Positioning System (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.

All of the content of this document is protected by copyright unless otherwise stated and may only be used according to specific terms and conditions as granted by GTX Corp. Any unauthorized use of such material may violate copyright laws, trademark laws, the laws of privacy and publicity, as well as other communications regulations and statutes. GTX Corp does not warrant or represent that the unauthorized use of materials drawn from the content of this document will not infringe rights of third parties who are not owned or affiliated with GTX Corp. Further, GTX Corp cannot be held responsible or liable for the unauthorized use of this document's content by third parties unknown to the company.

COPYRIGHT 2008 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning