March 25, 2010 (FinancialWire) — GTX Corp (OTCBB: GTXO), a firm that makes 2-way GPS personal location services solutions, has signed a four year, potential license agreement with shoemaker Aetrex Worldwide, Inc. in a move to bring personal GPS tracking solutions to the 5.3 million U.S. seniors afflicted with dementia.

The product of the venture, the Aetrex Ambulator GPS Shoe, is currently scheduled for retail sale this summer. The shoe is designed to provide m caregivers the means to help easily find those afflicted with Alzheimer's that wander and become lost.

The GPS Shoe will be available through the Aetrex owned website. GTX has eight patents for the GPS Shoe, covering a GPS transceiver module that is placed within the footwear and transmission of location coordinates to a central monitoring station which disseminates the location data through the use of proprietary software, cellular connectivity, the GTX Corp middleware platform and the secure viewing portal.

California-based GTX Corp makes embedded 2-way GPS real-time personal location services. The company has evolved from its early beginnings of putting micro GPS devices in shoes.

New Jersey-based Aetrex Worldwide makes athletic, wellness and comfort footwear and orthotics as well as foot care technology.

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