GTX Corp and MNX Sign-year exclusive agreement to provide GPS tracking for critical medical and bio-pharmaceutical

new market segment for Secure Real-Time GPS Tracking business model of controls, each concern to navigation
LOS ANGELES, June 8, 2010 (GlobeNewswire / PRNewswire) - GTX Corp, a leading manufacturer of embedded GPS Tracking and Location Based Services MNX (Midnite Express), a global specialty courier in Los Angeles with 27 offices in eight countries, have an exclusive three-year contract for thousands of GTX highly customized industry's first entryGPS tracking devices with the monitoring platform GTX Corp to the shipping company.
As described in the Form 8K filing MNX GTX is committed to the purchase and activation of at least 15,000 units over the next three years and plans to start using 2000-3000 units sometime in the 3rd and 4th quarter of 2010. MNX first use to keep track of items and medical bio-pharmaceutical and eventually roll out to all their high quality, sensitive consignments.
L 'critical and security-related global transport and logistics MNX is lively and makes the investment in a leader, providing a "chain of custody" fast, accurate and traceable solution to this sector through the integration of real-time GPS tracking powered by GTX Corp. This market is one of the fastest growing channels of MNX and the implementation of this technology, they hope to significantly increase their market share of this billion dollars, verticalMarket.
"Real-time GPS tracking technology is changing the game for us and now we can in any investigation about the position and the location of the thousands of critical programs that address to administer our customers," said Scott Cannon, CEO of MNX. "By offering the activity of both our customers and airline partners to have full transparency in relation to their broadcasts MNX is a unique location of the service, security, integrity and reliability of the temperature. GTX is at the forefront of this technology and offerssignificant improvement over anything else in the industry and we are excited about the opportunity to work with you to the Pioneer commercial use. Work in collaboration with industry experts, is a tailored solution a value proposition much already MNX for life sciences, medicine and pharmacy in the transport business.
"GTX Corp is considered two-way GPS tracking technology on the CBS News is already used in shoes, to monitor the elderlywith dementia and iPhone, iPad, Android Apps, allows parents to track their children, then make this was a logical step for the company, a partnership with MNX for monitoring the activities of high quality, as shipments medical and pharmaceutical industries, "said Patrick Bertagna CEO of GTX Corp." We do our GPS tracking platform in this vertical market is a significant milestone for the company. This partnership confirms our licensing model embedded inexpanding global market penetration of our products and brand name. "
About GTX Corp
GTX Corp GPS leader in embedded real-time monitoring of personal location services (PCS) was established in 2002 and in Los Angeles, California. Known for its innovative patented micro GPS in a shoe - the shoe and its patented Smart blockbuster smartphone GPS tracking app, number two on iTunes Top Hit box office chart, the company continues to pave the way with Geo-specific and innovativeto help close the application notice that you know where someone or something at the touch of a button. Committed to being the "best people finder, owns and operates mobile loci GTX Corp, Inc., location-based social networks (LBSN) applications for smartphones, Code Amber News Service, and the Code Amber Alertag developed. The company has an aggressive strategy of intellectual property and has a broad portfolio of patents, patent applications, trademarks, copyrights and websiteProperties. GTX Corp is well positioned to conquer the PC market through its platform of products varies, licensing model, brand value, the traction in the market and strategic partners.
About MNX:
MNX provides important safety and transportation and global logistics services for various industries, including media and entertainment, aerospace, consumer goods, financial institutions and government, science, high technology, life, medical and 4 PL Express. Previously known as the MidniteMNX Express offers services in three key areas: Express, supply chain and freight. mnx.com
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SOURCE: GTX Corp
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