LOS ANGELES, CA — (Marketwired) — 12/03/15 — . (OTC PINK: GTXO) wholly owned subsidiary LOCiMOBILE, Inc., a developer of tracking and monitoring Apps for smartphones and tablets, today announced the launch of its new and improved .
Specifically designed to service small and medium sized businesses (SMBs) using Internet of Things (IoT) and Big Data Analytics technologies, the new TMWF is a simple, affordable and efficient tool that enables employers to monitor and track their mobile workforce. The technology is ideal for a wide range of industries; including food delivery, pharmaceutical sales, construction workers, caregivers, government workers and more.
The new TMWF portal and app will allow employers to register online, download an app on iOS or Android, and get a free two-week trial evaluation of the tracking service. The employer can also add employees, who will receive invitation emails with a link to download the app and can also try it for free for two weeks. The employee–s app is registered under the employer–s master account, and after the free trial period ends, the employer is charged $5 per month per employee for the use of the monitoring platform, or can choose to discontinue their service without any charges. Volume discounts are available for accounts consisting of 25 or more employees. As a special introductory promotion, the app can be downloaded for free on and during a limited-time offer before going to its regular price of $4.99.
“Industry statistics show that there are nearly 30 million SMBs in the U.S., and perhaps close to 200 million worldwide, which makes for a very sizeable market. The SMB market is increasingly becoming mobile centric, largely driven by the fact that most employees bring their own electronic devices to work. Real time knowledge has become the norm as more employers want to know where their human assets are during working hours. Whether you own a small food delivery business, electrical, plumbing or other service oriented business, a government agency that needs to know where their human assets are for emergency deployment, basically any entity that wants to better manage their mobile human assets by knowing exactly where they are at the touch of a button, makes Track My Workforce a simple, affordable and easy to deploy tracking product and service,” stated, GTX Corp CEO Patrick Bertagna.
The Company engaged LMD Consulting — who has worked with clients such as Comcast, Marriott, The Ritz-Carlton Hotels, and Louis-Vuitton Moet Hennessy — to assist with the overall design and architecture of the new app and portal. The goal was to introduce to the market an enhanced TMWF app and tracking portal that reverberates with today–s employers and is easily scalable, with automated onboarding and provisioning for both the Company and users.
Leveraging the success of LOCiMOBILE– s consumer apps, which have been downloaded by over 2 million users across 162 countries, the new SMB is part of GTX Corp.–s ongoing corporate initiative to expand its products and services into different markets and sectors that have large potential and that will not only expand the Company–s market share in the GPS tracking and monitoring industry but also augment the Company–s subscription-based recurring revenue model. Currently the Company has (TMWF being part of the digital product line) and sells into different market segments, from healthcare and security to high value assets such as drones and SMBs with a mobile work force.
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GTX Corp. (GTXO) is a pioneer in smart, mobile and wearable GPS, cellular and BLE tracking and recovery technology. Headquartered in Los Angeles, California, with distributors in over , GTX is known for its game-changing and award-winning and blockbuster smartphone . GTX provides solutions that answer the questions: where is my mother, child, employee, vehicle, drone and high value assets? Through a proprietary global enterprise IoT monitoring platform and licensing subscription business model, the Company offers a complete end to end solution of hardware, middleware, apps, 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 also owns and operates which develops applications for smart phones and tablets . GTX has a comprehensive intellectual property strategy and owns an extensive portfolio of patents, patents pending, registered trademarks, copy rights and URLs, and was featured in a and more recently in the .
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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 ). 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.
Disclaimer: 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 unknown to the Company.
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