LOCiMOBILE(R), a Leader in Tracking People With GPS Smartphone Applications, Kicks Off the New Decade With Its Newest App GPS T
LOS ANGELES, CA--(Marketwire - January 6, 2010) - [ LOCiMOBILE ], Inc. and [ Code Amber News Service ] -- wholly owned subsidiaries of [ GTX Corp ] (
"LOCiMOBILE® is a brand in motion evidenced by a 138% rise (over 45,000 unique visitors) in site traffic during the month of December. The LOCiMOBILE Apps are either sold or offered free with an advertising revenue model. We are very excited about the accelerated adoption of our GPS Tracking Apps," said Patrick Bertagna, CEO of GTX Corp. Advertisers spent $416 million on mobile ads in 2009, yet mobile ad spending is expected to grow to $1.6 billion by 2013. According to Forrester, seventeen percent of adult cell phone subscribers in the U.S. have smartphones, up from 11 percent a year ago. This year GPS mobile phones Apps are what it's all about. ABI Research is predicting that more than 550 million GPS-enabled handsets will be shipped by 2012.
Staying true to the Company's mantra of being the "better people finder," Code Amber is launching a new App called "Missing - Code Amber News Service." This app will assist families and law enforcement in the event a child or senior person goes missing and will empower the mobile community to be "smart eyes" on the street. The Code Amber network of over 450,000 web site and desktop tickers now offers wireless Amber Alerts and Missing Endangered Persons Alerts delivered direct to your smartphone.
Committed to being the "better people finder" technology provider, [ GTX Corp ] owns and operates [ LOCiMOBILE, Inc ]. which develops applications that transform smartphones into a real time 2-way GPS personal location transceiver, letting friends, co-workers and loved ones locate and connect with one another. Along with [ Code Amber News Service ], which is dedicated to the recovery of missing persons and is the leading US and Canadian syndicator of online Amber Alerts and recently launched [ Code Amber Alertag ] -- a secure digital identification service.
Founded in 2002 and based in Los Angeles, California, the company has evolved from its early beginnings of placing a micro [ GPS device in a shoe -- the patented smart-shoe ] -- and continues to pave the way with innovative geo-specific and personal proximity alerting applications that let you know where someone or something is at the touch of a button. The company believes in a strong intellectual property strategy and to date has an extensive portfolio of patents, patents pending, registered trademarks, copyrights, and URLs.
Forward-Looking Statements:
Under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements including, but not limited to, certain delays beyond the company's control, inability to successfully conclude negotiations currently in progress, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.