NetworkNewsBreaks – GTX Corp (GTXO) Reports GPS Tracking Device Distributor Secures Two Year Supply Contract with the Norwegian Government
GPS technology-focused holding company GTX Corp (OTC: GTXO) this morning announced that SafeCall, a Scandinavian distributor, was awarded a two-year contract to supply Oslo, Norway with wearable GPS devices and a 24/7 cloud service center to assist in remote monitoring and look after people with cognitive disabilities. The Norwegian Government identified two target groups to receive the fully subsidized solution, elderly people with dementia and cognitive impairment who still live independently, and children or adolescents with disabilities, especially who are the most “at risk” and therefore would benefit from using wearable GPS technology. Following the news of the contract, GTX launched its size small SmartSole which the Oslo municipality is now considering adding to the contract. “This is wonderful news coming out of Europe, between the vetting of our GPS SmartSoles by SINTEF to the actual contract being awarded, this places Norway as the first European country to realize the benefits and cost savings of implementing wearable GPS technology such as our SmartSoles and authorizing country wide financial support. We hope other countries such as the U.K. and Germany which are currently conducting GPS SmartSole pilots through the NHS or other government institutions will conclude the same,” Patrick Bertagna, CEO of GTX Corp, stated in the news release.
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