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GTX Corp Adds Rapid Diagnostic Test Kits for the SARS-COV-2 (COVID-19) Antigen

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GTX Corp (OTC: GTXO) has initiated the distribution of a new COVID-19 Antigen Rapid Test Kit, providing results in just 10 minutes. This test is approved under the Emergency Use Authorization (EUA) and is designed for the detection of SARS-CoV-2 antigens. CEO Patrick Bertagna emphasized the importance of testing in conjunction with vaccine rollouts, stating the kit is essential for returning to normalcy. Additionally, GTX plans to launch a new 4G LTE GPS SmartSole model this quarter, further expanding its product offerings in health and safety.

Positive
  • Launch of COVID-19 Antigen Rapid Test Kit approved under EUA.
  • Test results available in just 10 minutes, no lab required.
  • Expansion of product line with upcoming 4G LTE GPS SmartSole model.
Negative
  • None.

LOS ANGELES, CALIFORNIA, Feb. 18, 2021 (GLOBE NEWSWIRE) -- GTX Corp (OTC: GTXO) (“GTX” or the “Company”), a pioneer in the field of wearable GPS human and asset tracking systems and a supplier of Health and Safety personal protective medical equipment “PPE”, announced today it has begun the distribution of a Rapid Diagnostic Test-Kits for Antigens. The highly accurate, 10-minute results COVID-19 Antigen test is approved under the Emergency Use Authorization (“EAU”) and tests for the detection of Antigens specific to SARS-CoV-2.

The COVID-19 Antigen test (www.gtxmask.com) is a lateral flow immunochromatographic assay for the detection of extracted nucleocapsid protein antigens specific to SARS-CoV-2 in nasopharyngeal swab specimens collected from individuals who are suspected of COVID-19 by their healthcare provider within the first five days of symptom onset.

Key Attributes of the Rapid Test Kit:

  • Approved under the EAU act.
  • Made in the U.S.A.
  • Test results within 10 minutes.
  • No Lab required; test-kit comes with everything you need.

“As the vaccine rollout continues, we see testing becoming an integral part of that process. Whether you need to test to get on a plane, due to the recently mandated travel requirements, or if you want to test your antibodies to see if you ever had COVID, low-cost rapid test kits are going to play a big role in getting back to normal over the next 12 months. Adding the “Made in the U.S.A.” rapid SARS-CoV-2 Antigen test to our rapid Antibody test kits, expands our existing assortment of essential health & safety products, is part of our ongoing commitment to bringing the marketplace the “best-in-class” products and services”, stated GTX Corp CEO, Patrick Bertagna.

The Company widely known for its flagship, award winning and patented GPS SmartSole, a safety and security GPS monitoring and tracking solution for those who suffer from Alzheimer's, dementia, autism, TBI and other memory disorders, is expected to announce the launch of its newly engineered 4G LTE model sometime this quarter. They will come in three trim to fit sizes for adults and children, made with state-of-the-art electronic components and a ruggedized water resistant encasement, all assembled in Rhode Island, U.S.A.

GTX also distributes an extensive line of Personal Protective Equipment “PPE”, owns and licenses a portfolio of patents in the GPS and wearable technology space, and is a GSA-approved military and government supplier. Many of the Company’s products are available at its online store and Amazon, and GTX recently soft launched its NFC Veritap solution. To find out more about how you can buy or become an authorized reseller of GTX products, contact our info@gtxcorp.com business development office.

Remember the 3 W’s to reduce the risks of COVID -Wear a mask, Wash your hands and Watch your distance.

About GTX Corp GTX Corp (OTC: GTXO) is a pioneer in smart, mobile, and wearable GPS tracking and recovery location-based solutions, supported through a proprietary IoT enterprise monitoring platform and intellectual property portfolio. GTX offers a global end-to-end solution of hardware, software and connectivity and develops two-way GPS tracking technologies, which seamlessly integrate with consumer products and enterprise applications. GTX utilizes the latest in miniaturized, low power consumption GPS, Cellular, RF, NFC and BLE technology, enabling subscribers to track in real time the whereabouts of people or high value assets. GTX is known for its game-changing and award-winning patented GPS SmartSole® -- think Dr. Scholl’s meets LoJack, the world’s first invisible wearable technology tracking device created for those at risk of wandering due to Alzheimer’s, dementia, autism and traumatic brain injury. GTX’s business model is built around technology innovation and holds over 85 patents, with many issued patents in GPS tracking. The company has international distributors servicing customers in over 35 countries and is a U.S. Military Government contractor. Other customers include public health authorities and municipalities, emergency and law enforcement, private schools, assisted living facilities, NGOs, small business enterprises, senior care homes, and consumers.
GTXCorp.com Track My Workforce GPS SmartSole.com

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General information, investor relations, wholesale licensing, consumer purchase:
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Contact Us

GTX Corp United Kingdom
In the UK, GTX Corp operates from its London office. Please contact: Nelson Skip Riddle
Email: NSRiddle@GTXCorp.com Tel: +44 7785 364100

Disclaimer: GTX Corp does not warrant or represent that the unauthorized use of materials drawn from the content of this document will not infringe rights of third parties who are not owned or affiliated by GTX Corp. Further GTX Corp cannot be held responsible or liable for the unauthorized use of this document’s content by third parties unknown to the company.

Forward Looking Statements

This news release contains forward-looking statements. The terms and phrases “expect,” “would,” “will,” “believes,” and similar terms and phrases are intended to identify these forward-looking statements. Forward-looking statements are based on estimates and assumptions made by GTX considering its experience and its perception of current conditions and expected future developments, as well as other factors that GTX believes are appropriate in the circumstances. Many factors could cause GTX’s actual results, performance, or achievements to differ materially from those expressed or implied by the forward-looking statements. Certain risk factors that may cause actual results to differ are set forth in GTX’s Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (which may be obtained on the SEC Website). These factors should be considered carefully, and readers should not place undue reliance on GTX’s forward-looking statements. GTX has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required.


FAQ

What is the purpose of the new COVID-19 Antigen Rapid Test Kit from GTX Corp?

The COVID-19 Antigen Rapid Test Kit is designed to provide quick, highly accurate results for detecting SARS-CoV-2 antigens in individuals suspected of having COVID-19.

How quickly can the COVID-19 Antigen Rapid Test Kit provide results?

The test kit provides results within just 10 minutes, making it a rapid diagnostic option.

Is the new COVID-19 Antigen Rapid Test Kit FDA approved?

Yes, the test kit is approved under the Emergency Use Authorization (EUA).

When is GTX Corp expected to launch its new GPS SmartSole model?

GTX Corp is expected to launch the newly engineered 4G LTE model of its GPS SmartSole sometime this quarter.

What is the significance of the COVID-19 testing in relation to GTX Corp's business strategy?

Testing is seen as integral to the vaccine rollout and is part of GTX Corp's commitment to providing essential health and safety products.

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