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$GTXO GTX Receives Notice of Allowance from USPTO

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(Total Views: 367)
Posted On: 12/09/2021 9:40:28 AM
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Posted By: louied91
$GTXO GTX Receives Notice of Allowance from USPTO for New Patent

https://www.globenewswire.com/news-release/20...atent.html

LOS ANGELES, CALIFORNIA, Dec. 09, 2021 (GLOBE NEWSWIRE) -- GTX Corp (OTC: GTXO) (“the Company”), a pioneer in the field of health & safety wearable GPS human and asset tracking systems and personal protective medical equipment, announced today it has received a notice of allowance for a new patent by the United States Patent and Trademark Office (USPTO). This will be the 4th utility patent in the GPS SmartSole family and will cover various ways to design, protect and manufacture a GPS device inside an insole including the inductive charging unit. The patent has 20 claims, 2 of which are independent and open continuation for further expansion.

“Having 4 patents granted on the insole, and more patents expected through divisional applications, demonstrates the number of technological challenges GTX overcame to make a water-resistant insole with a global tracking device, that can be charged inductively a commercial reality,” said Larry Henneman, Patent Counsel for GTX Corp.

“This additional patent is very timely given the upcoming launch of our new 4G Cat M1 GPS SmartSole, and we are excited to add our 4th patent to the GPS SmartSole IP family,” said Andrew Duncan, GTX Corp Director.

“GTX’s patent portfolio highlights our value proposition as we continue to expand the IP of our wearable technology platform by leveraging the open continuation from our already issued patents. While our ongoing investment in IP demonstrates GTX’s commitment to further enhance our competitive barriers to the market, it also helps strengthen our overall value in the wearable tech industry,” said Patrick Bertagna, GTX Corp CEO.

Most widely known for its patented GPS SmartSole and Smartphone GPS Tracking App, GTX also distributes an extensive line of Personal Protective Equipment “PPE”. GTX Corp is a For-Profit with Purpose Company, which owns, and licenses an extensive IP portfolio, is a U.S. military contractor and GSA contract approved supplier. The Company takes particularly pride that many of its products are manufactured in the U.S., and available on its online store, Amazon, and authorized resellers and distributors across the globe.

To find out more how you can buy or become an authorized reseller contact info@gtxcorp.com business development.


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