GTX Corp and Phantom Fiber Sign Joint Venture


LOS ANGELES, Jul 10, 2008 (BUSINESS WIRE) — GTX Corp ("GTX"), a leader in the licensing of embedded miniaturized GPS Personal Location Services (PLS) technology and Phantom Fiber Corporation ("Phantom"), a leading provider of mobile technologies and solutions designed to extend enterprise reach on wireless devices and global communication networks, today announced that they have agreed to form a joint venture company.

The benefit of the collaboration will be the development and global deployment of graphically rich geo-aware mobile applications that are agnostic to device technology, mobile carrier networks and connectivity platforms. These applications, when developed, will allow enterprises to seamlessly offer the expanding array of revenue rich GPS/PLS interactive social networking and location services to the work force and consumer. marketwatch


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Posted: July 11th, 2008
at 11:35pm by Koookiecrumbles

Categories: myninjaplease,web,cell phones,business

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