June 30, 2010 – GTX Corp (OTCBB: GTXO), a leader in customizable, patented two‐way GPS Tracking Personal Location Services (PLS) solutions, received its first commercial order from Aetrex Worldwide, Inc. , a leading maker of orthotic and therapeutic shoes. Aetrex’s initial order for 3,000 GPS devices to be embedded in the Aetrex Ambulator® collection brings a durable, reliable solution for monitoring the location of the 5.3 million seniors in the US afflicted with Alzheimer’s disease or dementia. GTX will begin to ship the devices this summer in order for Aetrex to prepare for the launch date which is scheduled to coincide with the National Alzheimer Association memory walks this fall.
GTX Corp’s GPS‐enabled shoes provide caregivers and loved ones a safe, unobtrusive means to easily find those afflicted with Alzheimer’s that might wander and become lost. GTX Corp’s eight patents for the GPS Shoe cover a GPS transceiver module that is placed within the shoe. The module transmits the wearer’s location coordinates to a central monitoring station which disseminates the location data through the use of proprietary software, cellular connectivity, the GTX Corp middleware platform and secure viewing portal... [PDF] GTX's Press Release - [PDF] Aetrex's Press Release -
