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AppSwarm Selects GTX Corp Cloud Based GPS Tracking and Monitoring Platform for Supply Chain Logistics

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AppSwarm, Corp. (SWRM) has licensed GTX Corp's tracking enterprise monitoring platform for its DeliverySwift division. This move aims to establish a competitive edge in logistics by integrating GTX's cloud-based GPS and IoT solutions into asset tracking and fleet management services. The company plans to focus on last-mile technology and supply chain management, particularly in the Oil & Gas sector throughout the Midwest. This partnership promises rapid deployment with minimal developmental investment, leveraging GTX's well-established infrastructure.

Positive
  • Strategic partnership with GTX Corp enhances DeliverySwift's logistics capabilities.
  • Access to a mature and stable GPS and IoT monitoring platform for efficient asset tracking.
  • Focus on high-demand sectors like Oil & Gas to drive potential revenue growth.
Negative
  • None.

Tulsa, OK, March 03, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- AppSwarm, Corp. (OTC: SWRM), a software development company and aggregator of mobile applications, has selected and licensed GTX Corp (OTC: GTXO) tracking enterprise monitoring platform for its supply-chain and transportation logistics division DeliverySwift.

To seize a first-mover advantage and position its DeliverySwift brand through technological differentiation AppSwarm has selected under a private label licensing agreement, GTX’s cloud-based GPS and IoT monitoring platform for the development of an asset tracking and fleet management solution under the DeliverySwift brand.

In addition to last-mile technology, DeliverySwift will also embark on deploying asset tracking and supply chain management solutions for industrial enterprise customers, specializing in the Oil & Gas industry as well as other types of transportation, logistics, and last-mile distribution services throughout the Midwest.

The GTX platform provides the entire backend infrastructure needed to quickly set-up a Personal Location Service Platform that can be integrated into the DeliverySwift brand and technology. Their hosted cloud solution is mature and stable, has been deployed by dozens of partners across the globe, and can be localized in multiple languages. This Platform provides a workable solution to deploy our last-mile logistics and supply chain management operations with minimum development time or CAP X investment.


About APPSWARM

AppSwarm is a technology company specializing in accelerated development and publishing of mobile apps and other software platforms for gaming and business applications and seeks to acquire symmetric business opportunities. AppSwarm partners with and assists other development firms in technology development, business management, and funding needs. www.app-swarm.com

For more information, follow us on www.facebook.com/AppSwarm Twitter https://twitter.com/AppSwarm or Instagram https://www.instagram.com/appswarm/

Forward-Looking Statements:

"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: This press release may contain forward-looking statements that are subject to risk and uncertainties including, but not limited to, the impact of competitive products, product demand, market acceptance risks, fluctuations in operating results, political risk, and other risks detailed from time to time in the Company's filings with OTCMarkets.com and as required to the Securities and Exchange Commission. These risks could cause SWRM's actual results to differ materially from those expressed in any forward-looking statements made by, or on behalf of, the Company.

Investor and Media Contacts:

AppSwarm, Corp.
888-886-8583
info@app-swarm.com


FAQ

What is the recent partnership announced by AppSwarm (SWRM)?

AppSwarm has licensed GTX Corp's tracking enterprise monitoring platform to enhance its DeliverySwift division.

How will AppSwarm's partnership with GTX affect its logistics services?

The partnership will enable AppSwarm to develop advanced asset tracking and fleet management solutions, primarily for the Oil & Gas sector.

What technology is AppSwarm integrating into its DeliverySwift brand?

AppSwarm is integrating GTX's cloud-based GPS and IoT monitoring platform for logistics and supply chain management.

When was the partnership announcement between AppSwarm and GTX Corp made?

The partnership announcement was made on March 3, 2021.

What advantages does GTX's platform offer to AppSwarm (SWRM)?

GTX's platform offers a mature infrastructure and quick setup for logistics operations with minimal capital investment.

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