GTX Corp. (GTXO.OB), the growing California based developer of miniaturized two-way GPS tracking technology, looks poised for a big takeoff. Although nobody knows exactly where the economy is headed, GTX has a lock on the kind of product that’s an investor’s (and parent’s) dream.

The company is a pioneer in the two-way Personal Location Services (PLS) market, and an industry leader in the $8 billion location-based GPS market. Much of its potential is in its gpVectorTM units, which the company plans to embed in a variety of lifestyle products, allowing anyone with an Internet connection, including PDAs and cell phones, to track their children, an Alzheimer’s patient, pets, outdoor adventurers, military and emergency personnel, luggage, almost anyone or anything.

Because the company’s technology is designed to be embedded in shoes or other products, rather than sold as a loose device, it’s less likely to get

Over the last decade we have seen the explosion of the wireless market. When they were first introduced to the public, cellular phones were the size of a briefcase. Now, they are smaller than a deck of cards and can make calls, take photos, and access the internet. According to Wireless Intelligence, the GSM Association’s market intelligence unit, by 2011 there will be upwards of four billion mobile handsets worldwide. Findings indicate that an increasing number of units purchased globally will have GPS and positioning capability. GTX Corp (GTXO.OB) is in the midst of implementing an accelerated plan to capitalize on consumers’ continued interest in wireless technology.

GTX, a developer of customizable two-way Global Positioning Systems (GPS) and Position Location Systems (PLS) applications, is now moving from development stage to production level. Since 2002, GTX has developed, patented, and integrated miniaturized cellular location-transmitting

Chairman and CEO Patrick Bertagna founded GTX Corp and co-invented the company’s patented GPS Footwear technology (US Patent No. 6,788,200). He has nearly three decades of experience building companies in both technology and consumer branded products. Mr. Bertagna is fluent in French and Spanish; has formed alliances with Fortune 500 companies; and has been a keynote speaker at numerous industry trade shows and conferences.

Chief Operating Officer Christopher M. Walsh is recognized as one of the premier production, sourcing and operations executives within the footwear and apparel industry. He began his career with Nike in 1974 and was responsible for establishing and implementing Nike’s first manufacturing operation in the Far East. He also served in leadership roles at Reebok International and LA Gear, and founded CW Resources, a Los Angeles based firm providing design, development, manufacturing and licensing consulting services to an extensive client

Since the company was founded in 2002, GTX Corp has been committed to creating personal location solutions to keep all types of people safer. With our society becoming much more mobile than it was 25 years ago, GTX has dedicated its efforts to developing miniaturized GPS tracking devices into a variety of consumer products.

One of the first products that GTX has developed is the Xplorer, an athletic shoe that incorporates a small GPX tracking device into the sole of the shoe along with a number of other patent-pending ideas. As with any other electronic device, the Xplorer needs a power source. To meet this need, GTX has created a proprietary battery that can run several days before a recharge is necessary.

According to Patrick Bertagna, President and CEO of GTX, “The Xplorer smart GPS tracking shoe is the first of wearable electronics

After years of planning and development, GTX Corp (GTXO.OB), a company that has created miniaturized GPS tracking and cellular location-transmitting technology platforms, is now in a position to get products into the hands of consumers. GTX has created 2-way Global Positioning Systems (GPS) and Position Location Systems (PLS) that can be applied to customized products. The company recently announced that Alteon Capital Partners has been retained to advise GTX in the launch of its products.

With the addition of Alteon Capital Partners, GTX continues to follow its strategy to build a team of premier strategic advisors. Alteon specializes in advising clients on financing, transformation and repositioning, corporate development, and value recovery services. Estimates indicate that by 2011 there will be more than four billion mobile handsets worldwide. Dr. Gilbert Amelio, managing partner at Alteon, will take a lead role in advising the company

GTX Corp is focused on developing miniaturized GPS tracking and cellular location-transmitting technology platforms for integration into a wide variety of branded licensee consumer products. The company’s patented Personal Location Services (PLS) platforms feature miniaturized, always-on Assisted-GPS tracking and wireless location-reporting technologies that provide continuous real-time coordinates.

Since inception, the company has been dedicated to creating patented GPS/GPRS/GSM technologies and establishing key relationships with licensed, branded partners to bring real-time tracking solutions to an assortment of consumer products. GTX Corp plans to integrate its gpVector™ units in a host of lifestyle products and applications used to track children, those afflicted with Alzheimer’s, outdoor adventurers, military personnel, police, fire, and public safety workers, and nearly any highly valued asset.

According to Frost & Sullivan, the market for personal location services is expected to grow to an $8 billion dollar industry by 2011. GTX Corp has established a pioneering position within the

GTX Corp. announced this week that it is accelerating its “go-to-market” strategy through product expansion and the addition of Dr. Gilbert Amelio of Alteon Capital Partners as a Strategic Advisor.

The number of people subscribing to wireless communication services has been increasing every year. In fact, the number of mobile handsets is projected to surpass four billion in 2011 according to Wireless Intelligence, the GSMA’s market intelligence unit. As this number continues to grow, so will the number of handsets that have GPS and positioning capability.

GTX Corp is implementing an aggressive plan to capitalize on this burgeoning opportunity by leveraging its intellectual property portfolio and product line with state-of-the-art Location Based Solutions. Continuing its strategy of building a team of premier strategic advisors, the company is bringing on Dr. Gilbert Amelio and George Lauro, Managing Partners of Alteon Capital Partners.

Dr. Amelio will advise GTX Corp on advancing in the GPS