LOS ANGELES, Aug. 27, 2015 (GLOBE NEWSWIRE) -- GTX Corp (OTCQB:GTXO), an IoT platform and leading provider of personal location GPS wearable technology and wandering assistive technology, announced today its flagship GPS SmartSoles were named a top 5 finalist in the Wearables, Health, Fitness & Wellness category at CTIA's Hot for the Holidays Awards competition. Timed for the holiday buying season, the Hot for the Holidays Awards recognize the hottest mobile consumer electronics, devices, wearables, accessories and entertainment, home and car products. Winners will be announced Thursday, September 10 at CTIA Super Mobility 2015 at the Sands Expo in Las Vegas.
The GPS SmartSole® is a non-visible GPS tracking device designed to monitor the location of people afflicted with cognitive memory disorders, such as Alzheimer's, dementia, autism and TBI, who have a tendency to wander and for people at risk of kidnapping, such as government employees and high level executives. In a recent Q2 Report, GTX Corp mentioned the next Gen SmartSole will be smaller, have more features such as a motion sensor, a longer battery life, 2G, 3G and LTE compatible and an expected 20% reduction in cost.
"Being a finalist in the 2015 CTIA Hot for the Holidays Awards and being recognized by a panel of industry experts, which judge hundreds of submissions is quite an honor, commented Patrick Bertagna, GTX Corp Chief Executive. And to be identified and selected as being among one of the best in the industry with tech giants such as – Google, Microsoft, Samsung and AT&T, is extremely rewarding and a true testament to the passion and commitment of the GTX product development team."
"CTIA awards recognize some of the best mobile products and services that leverage shape and transform our competitive and rapidly evolving mobile industry. These awards are perfectly timed for holiday buying and new year business planning, and CTIA Super Mobility 2015 attendees will have the opportunity to see and experience these innovations first hand," said CTIA Vice President and Show Director Robert Mesirow.
Dozens of industry experts, reporters and analysts judged and scored hundreds of entries to determine the finalists and winners in CTIA's annual awards program. CTIA will host the awards ceremony at CTIA Super Mobility 2015 and announce the winners Thursday, September 10 at 2:00 p.m. PT from the Networked Society Stage (Booth 3673) in the Sands Expo.
In addition, the public may vote for their "Crowd Favorite." Online voting begins now, and onsite text voting begins September 8. "Crowd Favorite" voting ends Thursday, September 10 at 10:00 a.m. PT.
About CTIA Super Mobility 2015
CTIA Super Mobility 2015 (ctiasupermobility2015.com) is the largest forum in the Western Hemisphere for the mobile innovations that power our connected life. More than 35,000 mobile professionals and executives and 1,100+ exhibitors from around the globe gather for this powerhouse technology event for its unrivaled networking opportunities and to share leading-edge trends, discoveries and knowledge. CTIA Super Mobility 2015 is held September 9, 10 & 11, 2015, at the Sands Expo and Convention Center in Las Vegas, USA.
GTX Corp (GTXO) is a pioneer in IoT and M2M wearable technology and a thought leader in enterprise 2 way GPS real-time personal location based services. Founded in 2002, headquartered in Los Angeles, California, with distributors in over 13 countries. The Company is known for its patented, innovative, game-changing and award-winning GPS SmartSole and its blockbuster Smartphone GPS Tracking App. GTX provides solutions that answer the "where" question: where is my mother, child, employee, vehicle, drone and high value assets.
Through a robust global enterprise monitoring IoT platform and licensing subscription business model, the Company offers a complete end to end solution of location based hardware, middleware, apps, global cell connectivity and professional services. Letting you know where or how someone or something is at the touch of a button, delivering security and peace of mind in an instant. GTX Corp also owns and operates LOCiMOBILE, Inc which develops applications for smart phones and tablets and Code Amber Alertag. The Company has a comprehensive intellectual property strategy and owns an extensive portfolio of patents, patents pending, registered trademarks, copy rights and URL's and was recently featured in a 38 page research piece which outlines the value proposition of the Company's IP portfolio.
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Forward Looking Statements
This news release contains forward-looking statements. The terms and phrases "expects," "would," "will," "believes," and similar terms and phrases are intended to identify these forward-looking statements. Forward-looking statements are based on estimates and assumptions made by GTX in light of its experience and its perception of current conditions and expected future developments, as well as other factors that GTX believes are appropriate in the circumstances. Many factors could cause GTX's actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements. Certain risk factors that may cause actual results to differ are set forth in GTX's Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (which may be obtained at http://www.sec.gov). These factors should be considered carefully, and readers should not place undue reliance on GTX's forward-looking statements. GTX has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.