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GTX Corp and Its Subsidiaries Unveil State of the Union and 2010 Roadmap

 

LOS ANGELES, Jan. 27 /PRNewswire-FirstCall/ -- GTX Corp (OTC Bulletin Board: GTXO), a leader in embedded GPS tracking real-time personal location services, unveils its State of the Union and 2010 roadmap for its family of global products and services. The Company expects 2010 to be a breakout year through new product introductions, revenue growth, partner activities and subscriber base increase.

The Company is expanding into international markets through partnerships, bilingual staff and localizing its software platforms in different languages. The commencement of these steps has increased the selling of hardware devices, platform tests and Apps, in Mexico, Brazil, Colombia, Peru, Chile, Venezuela, Bolivia, Guatemala, Israel, Nepal, Western Europe and Asia with several more countries in the pipeline.

Code Amber News Service recently launched the Code Amber Alertag personal ID service. In its first weeks from launch the subscription based service already has 99 affiliates and 20 non-profit organizations that have signed up to purchase and sell the secure ID tags. "The Company expects to have over 500 affiliates and organizations signed up by year end," said Bryant Harper President of Code Amber.

Marc Klaas, founder of the non-profit KlaasKids Foundation, joined the Company's Corporate Advisory Board and Bruce Reingold a 20 year veteran in "technology sales" with notable clients including Coca-Cola, Visa, Bank of America, Safeway, Microsoft and MySpace.com has been hired to kick-off Code Amber Alertag sales.

The LOCi GPS Tracking Apps have been downloaded in 61 countries with one app more than 50,000 times in its first 30 days from launch, garnering a lead slot in iTunes social networking "Top 25" paid list. Given there are 1 billion smartphones today with an estimated 4.4 billion by 2013, the Company will be accelerating its development efforts and plans to launch over a dozen new Apps in 2010 across multiple handset and social networking platforms.

On the partner activity and brand building front, AARP, in partnership with Microsoft produced a series of informative videos which aired nationally with a segment of the video focused on the patented GPS Shoe which is scheduled to launch in the consumer retail marketplace by Aetrex Worldwide in 2010.

About GTX Corp

GTX Corp (OTC Bulletin Board: GTXO) a leader in embedded 2 way GPS real-time personal location services (PLS) was founded in 2002 and is based in Los Angeles, California. The Company has evolved from its early beginnings of putting micro GPS devices in a shoe – the patented smart shoe www.gpsshoe.com and continues to pave the way with innovative geo specific and proximity alerting applications that help you know where someone or something is at the touch of a button. GTX Corp owns and operates LOCiMOBILE, Inc www.locimobile.com which develops applications for smart phones and Code Amber News Service, www.codeamber.com and Code Amber Alertag. The Company has an aggressive intellectual property strategy and owns an extensive portfolio of patents, patents pending, registered trade marks, copy rights and URL's. GTX Corp is well positioned to capture the PLS Market through its diverse product platform, licensing model, brand recognition and strategic partners.

For information regarding GTX Corp: www.gtxcorp.com please contact

Ross Silver

Joel Margulies

Shareholder Inquiries

Public Relations

(213) 489 3019 ext. 646

(310) 433 0299

ir@gtxcorp.com

jmargulies@gtxcorp.com


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 by GTX Corp. Further GTX Corp cannot be held responsible or liable for the unauthorized use of this document's content by third parties.

SOURCE GTX Corp

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