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GTX Corp Secures Approval for Use of Custom Two-Way GPS

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Monday, November 26th 2012
GTX Corp | Los Angeles, CA


Tracking Device on Airlines; MNX among first to collaborate for real-time GPS tracking offering

GTX Corp(OTCBB: GTXO), a leader in customizable, patented two-way GPS solutions, today announced the approval of a custom designed GPS tracking device for use on AirNetand Cargolux.

The custom configured device will be made available as an add-on service exclusively to customers of MNX, a premium global provider of expedited transportation and logistics services, to provide a new level of visibility and control for high value and mission critical shipments.

“We have been working diligently with AirNet and Cargolux to gain the necessary approvals to bring this one-of-a-kind offering to market. We are very pleased to see this day finally come to fruition,” said Patrick Bertagna, GTX Corp Chairman and CEO. “Over the next few weeks we will work closely with the MNX team to formulate a domestic and international deployment strategy to introduce this offering to MNX customers around the world.”

Designed for customers that ship high value, time or temperature sensitive materials, the technology is particularly well-suited for customers in the life sciences industry. The GPS solution will bring extra security to the most sensitive shipments, including the transportation of items such as organs, blood, tissue, medications, clinical trial samples and medical devices.

“The GTX Corp tracking platform gives us the ability to better identify and resolve any unforeseen challenges throughout the entire transport and gives ourcustomers added confidence and peace of mind that their shipment is secure at every step,” said Scott Cannon, MNX CEO. “By providing our clients with real-time tracking of their shipments, MNX will offer an unmatched layer of service, security, temperature integrity and reliability.”

 

The GPS device transmits the latitude and longitude, speed, bearing, altitude and temperature of the plane or vehicle carrying the shipment. The device and GTX platform also provide an easy-to-use customer interface with live shipment tracking and geo-fencing capabilities, allowing customers to know exactly when their mission critical shipments depart and arrive in key destinations. The GTX device is small and light weight (comparable to the size of a standard garage door opener), making it easy to insert in even the smallest packages.

 

“We realize the capability to track valuable shipments with such detail is especially important to the life sciences industry, especially as this industry continues to expand so rapidly,” said Bertagna.

 

AirNet, a leading domestic specialty cargo airline specializing in life sciences transportation, and Cargolux, one of the leading scheduled all-cargo airlines, were among the first airlines to conduct a thorough testing process to certify the GTX device, while MNX and GTX continue collaborating to expand the use of the offering to other partner airlines.

 

 

About GTX Corp (GTXO)

The leader in enterprise 2 way GPS real-time personal location services (PLS) was founded in 2002 and is based in Los Angeles, California with distributors in Mexico, Australia, U.K. and Nepal and customers in 160 countries. GTX Corp utilizes the latest in miniaturized, low power consumption technology and offers a robust enterprise GPS and cellular location platform to track in real time the whereabouts of people, vehicles and high valued assets. Answering the “where is” question through a licensing business model and providing a complete end to end solution of hardware, middleware, apps, connectivity and professional services. Letting you know where someone or something is at the touch of a button, GTX Corp also owns and operates LOCiMOBILE, Incwhich develops applications for smart phones and tablets, Code Amber News Service, and Code Amber Alertag. The Company has an aggressive intellectual property strategy and owns an extensive portfolio of patents, patents pending, registered trademarks, copy rights and URL's.

 

Online: www.gtxcorp.com- www.facebook.com/gtxcorp- www.twitter.com/gtxcorp

Product and licensing: info@gtxcorp.com

Investor Relations: ir@gtxcorp.com

 

About MNX, Inc.

MNX is a leading global provider of specialized, expedited transportation and logistics services. Clients include multinational leaders in biopharmaceutical, life sciences, medical device, aviation and entertainment industries. These organizations rely on MNX’s exceptional record of transporting critical items around the world.

 

Headquartered in Los Angeles, MNX maintains regional headquarters in Singapore and London, enabling global, customized services. MNX serves over 190 countries, including key Asia Pacific and EMEA markets. Services include dedicated hand-carry; next-flight-out and 24/7 express courier, express airfreight, fulfillment operations and 4PL services management. www.mnx.com

 

 

 

About GLX - The Global Listing Exchange

The Global Online Investment Community- GLX provides interactive advertising, conference and event coordination, digital IR/PR, journalism, market intelligence, media/marketing, news dissemination, research, video production and ancillary specialty communications services to publicly traded companies worldwide.

The GLX Editor's Desk

+1 855 GLX INTL | +1 855 459 4685

info@glx.com | www.glx.com

 

GTX Corp does not warrant or represent that the unauthorized use of materials drawn form 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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Media Contacts:

Suzy Ginsburg

Global Communication Works for GTX

suzy@gcomworks.com

713.721.4774

 

Christie Jackson

Edelman for MNX

christie.jackson@edelman.com

323.202.1039

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