COPENHAGEN: GTX Corp (OTC PINK: GTXO), an IoT platform in the personal location GPS wearable and wandering assistive technology business, announced existing Demark distributor Safecall expanded their operations into Norway and signed an exclusive distribution agreement for both countries. Safecall first launched the GPS SmartSoles in Denmark last October. Due to an increase in product demand and the recent Dementia Plan 2020 announcement by the Norwegian government, it has expanded distribution into Norway and locked up exclusive rights. Safecall has already placed a blanket order of GPS SmartSoles for the remaining of the year for both Denmark and Norway and will be submitting another order to cover the first half of 2017 by end of next month.
Tommy Rasmussen, Director of Safecall Denmark ApS, said, “We are excited to expand upon the growing success we have been experiencing with the GPS SmartSole in Denmark and enter into a broader agreement with GTX Corp for Norway. Based upon the strong demand and reaction that we have received from the market and equally strong interest from the government and municipalities, we are confident that the product will have continued and growing success.”
The Norwegian government launched its Norway’s Dementia plan 2020 which provides the framework for further cooperation between state, municipalities and voluntary sector so that people with dementia can live better lives. Minister of Health, Bent Hoie, commented, “We want to enable people living with dementia to participate more actively in society.”
A survey on using GPS technology was completed and published in 2015. Of the 200 dementia sufferers in Norway, the survey revealed that almost all experience greater peace of mind and increased levels of physical activity using GPS devices. The study forms part of the public sector innovation projects collectively known as “Trygge Spor og SamSpill (safe tracking and interaction).” The initial project began with five municipalities and 50 dementia sufferers and in 2015 it was expanded to include 18 municipalities. More or less all respondents to the survey (next of kin, GPS users, health service providers and staff at out-patient clinics and nursing homes), say that the GPS device gives them greater peace of mind. Staff at clinics and homes experience fewer conflicts and waste less time and effort in redirecting patients and keeping order on the wards. Moreover, the technology can result in financial savings in cases where sufferers are able to live for longer at home or can reside in open, as opposed to secure, nursing home wards.
