LOS ANGELES, May 26, 2010 (GLOBE NEWSWIRE) -- As it roars past 400,000 downloads and hits #2 on iTunes' social networking Top Grossing Apps list, GTX Corp (OTCBB:GTXO) subsidiary LOCiMOBILE's GPS Tracking app has just launched on Apple's iPad®, offering an iPad-specific full-featured version for about the cost of a grande latte, $4.99.
GPS Tracking App—from the leader in two-way GPS tracking systems—is dedicated to parent company GTX Corp's guiding principle, "With You." GPS Tracking brings people together, locating family, friends and co-workers. GPS Tracking offers privacy, lets users share and upload pictures to Facebook and Twitter and simply said, it's the most direct, purest, location-based check-in app on the market. GPS Tracking is cross-platform compatible with already installed on other devices and smartphones such as Apple iPhone® and iPod Touch®.
One click and kids can find each other at the mall, amusement park, anywhere. Parents can keep track of their children at school, with friends, or on the go. Employers can use it to keep tabs on employees in the field, or at conventions. Friends can find each other at graduation, a concert or across the country at a new college. These are the edible fruits of GPS Tracking's promise, deemed a futuristic concept in science fiction movies only a few years ago. Now this game-changing concept has fueled an explosion in location-based check-in technology—but GTX Corp has been a leader in this space for eight years—putting GPS tracking technology in the hands of athletes, health care professionals—even in shoes—and now, perhaps everyone with a smartphone.
"We're delighted to launch our GPS Tracking app on the iPad," says GTX Corp CEO Patrick Bertagna. "It provides industry standard location-based check-in to iPad's projected 10 million devices, expands our brand onto Apple's estimated 100 million i–Phone, Pad, and Pod user base and of course adds another commercial product to our revenue stream."
iPad is the latest innovation that has helped propel Apple to a market capitalization in excess of $200 billion, just behind Microsoft, who famously invested $150 million in Apple back in 1997. Analyst/commentator Steve Kanaval of World Market Media concludes, "http://www.worldmarketmedia.com/779/section.aspx/1263/post/gtx-corp-otcbbgtxo-7m-marketcap">This is a unique space with wind at its back and certainly the apps market is a niche to watch."
GTX Corp (GTXO.OB) a leader in embedded 2 way GPS real-time personal location services (PLS) was founded in 2002 and is based in Los Angeles, California. Known for its game changing patented micro GPS device in a shoe -- the patented smart shoe -- the Company continues to pave the way with innovative geo specific and proximity alerting applications that help you know where someone or something is at the touch of a button. Committed to being the "better people finder", GTX Corp owns and operates LOCiMOBILE, Inc. which develops location based social networks (LBSN) applications for smart phones, 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, copyrights and website properties. GTX Corp is well positioned to capture the PLS Market through its diverse product platform, licensing model, brand recognition, traction in the market and strategic partners.
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