LOS ANGELES, CA - GTX Corp, a leader in customizable, 2-way GPS Personal Location Services (PLS) solutions, announced in a press release that it was recently awarded US Patent RE40, 879.
The reissuance of US Patent No. 6,788,200 as reissue patent RE 40,897 is great news for GTX Corp and significantly increases the Company’s IP portfolio value.
In addition to original claims 1-20, the reissue patent includes new Claims 21-47, which are much broader than the original claims and also entitled to the original filing date of October 2002.
The expansion of the Company’s IP portfolio and specifically in the GPS shoe category is perfect timing as the Company is currently in China working with Aetrex Worldwide Inc., a global leader in adult pedorthic footwear, preparing to bring to market the patented GPS enabled shoe dubbed the “Ambulator.”
The GPS Shoe will afford millions of caregivers the means to instantly connect with those afflicted with Alzheimer’s that will become lost due to wondering.
The GPS Shoe patent covers a transceiver locator unit discreetly placed within the footwear providing a dynamic method for accurately positioning the shoe with GPS data capture and transmission of that location to a central monitoring station which disseminates the secure data through the use of proprietary software and cellular connectivity and the internet.
