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GTX Corp 2-Way GPS/PLS™ Tracking Solutions for In-Home Monitoring at AARP's Life@50+ National Event & Expo

Business Wire, Sept 3, 2008

Company Advisor Andrew Carle Presents Newest "Nana" Technologies[c] for Seniors

LOS ANGELES -- GTX Corp (OTCBB: GTXO), a market leader in the licensing of GPS empowered Personal Location Services (PLS) technologies, will exhibit their GPS Xplorer Shoe at AARP's Life@50 National Event & Expo in Washington, D.C. from September 4-6.

The GTX Corp GPS Xplorer Shoe will be prominently displayed in the "Nana" Technology[c] booth and information will be available and distributed to attendees who visit.

More than 30,000 AARP members and their friends from across the country and around the world will gather in Washington, D.C. to connect with others, learn something new, and have fun during Life@50 . AARP University Sessions will allow attendees to enhance their knowledge on the hottest AARP research, issues and programs related to people 50 .

The Technology Pavilion will include a "Nana" Technology[c] booth, hosted by Andrew Carle, a national expert on senior care and technology, and an Assistant Professor in the College of Health and Human Services at George Mason University. Professor Carle acts as an advisor to GTX, specifically targeting the development of applications for location aware devices to assist the home bound elderly who are memory impaired. He has coined the term "Nana" to describe helpful technologies for older adults. He will provide a daily presentation for attendees and the media discussing issues of "global aging," the critical shortage of family and professional caregivers, and the role such technologies will play in meeting the needs of aging Baby Boomers.

"We are very pleased to have the opportunity to participate in the premiere event of the year for the AARP, and congratulate the organization on their 50th birthday," said Patrick Bertagna, GTX Corp CEO and president. "Having our GPS Xplorer Shoe selected for exhibit by Professor Carle further validates our vision. The market for our technology grows as does the size of the elderly population afflicted with Alzheimer's DiseaseO5.3 million people in the U.S. today and projected to reach 10 million within four years time."

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[TM] 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 five years in research and development, strategic partnerships, and an ongoing program of intellectual property protection. The company is headquartered in Los Angeles, California, with an R&D facility in Palo Alto 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
 

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