GBT IP Technology Portfolio and
Other Updates
Santa Monica, CA -- April 25, 2023 -- InvestorsHub NewsWire -- GBT
Technologies Inc. (OTC
PINK: GTCH )
("GBT" or the "Company"), is pleased to provide an update covering
its intellectual properties ("IP") portfolio and other news.
GBT is continuing to focus on its core competency around Research
& Development ("R&D") through the self-developing of a
targeted technology IP portfolio combining patents, trade secrets
and prototypes.
GBT
now holds 14 patents and has 25 submissions within the following
domains: asset tracking, 3-D MP Microchip Design (semiconductors),
EDA software-tools, ID, cyber security, pattern recognition,
tele-health, health, AI, Avant!AI, computer vision systems, IoT,
mesh networks, radio networks. The Company has been focused on
delivering a steady stream of new IP with the goal of portfolio
expansion and the development of new ideas and successful patents
since it switched to an IP business model a bit over two years ago.
In the first Q of 2023, GBT added another four approved patents to
the growing IP.
With positive industry feedback, GBT will continue to focus on
expanding the family of its various patents and concentrating on
strategic potential partnerships with the goal of integrating these
technologies into a broad marketplace, diversifying the risk within
all these areas.
GBT 1Q 2023 Highlights:
-
12.5% IP Portfolio growth
increase in the 1Q 2023
-
AVANT! AI™, the core AI system of
GBT, was registered as a trademark to provide name and IP
protection. The core technology will remain a trade secret but is
now open for licensing to build specific applications or
application skins. Press
Release Trademark
-
The qTerm health device has been
tested and with approval of the patent on May 2, 2023, the
technology and hardware are ready to be licensed and manufactured
by a 3rd
party. Patent
Announcement
-
GBT signed a binding LOI with
Bannix Acquisition Corp for GBT's Apollo technology in conjunction
with self-driving cars and public transport passenger
safety. SEC
Filing
"We slightly improved our position in all areas of operation
including cash, marketing, and profits, but ultimately still have a
lot of work to do. We continue to believe that expanding and
developing our own Technology IP Portfolio will lead to results.
The successful placement of Avant! AI™ and Apollo this month is
proof that there is a market for our current technology and that
the strategy of developing an IP Portfolio and placement to
increase shareholder value is working", says Mansour Khatib, CEO of GBT.
With regard to Apollo, Steven
Lake, CEO of EVIE Autonomous Ltd, commented: "We are
always seeking relevant technologies that can support our core
mission, I appreciate the value Apollo adds to EVIE as a backup to
our core AI and radar control sensors and understanding of our
vehicle's location."
About US
GBT Technologies, Inc. (OTC
PINK: GTCH) ("GBT") (http://gbtti.com)
is a development stage company which considers itself a native of
Internet of Things (IoT), Artificial Intelligence (AI) and Enabled
Mobile Technology Platforms used to increase IC performance. GBT
has assembled a team with extensive technology ability and is
building an intellectual property portfolio consisting of many
patents. GBT's mission, to license technology and IP to synergetic
partners in the areas of hardware and software. Once
commercialized, it is GBT's goal to have a suite of products
including smart microchips, AI, encryption, Blockchain, IC design,
mobile security applications, database management protocols, with
tracking and supporting cloud software (without the need for GPS).
GBT envisions this system as a creation of a global mesh network
using advanced nodes and super performing new generation IC
technology. The core of the system will be its advanced microchip
technology; technology that can be installed on any mobile or fixed
device worldwide. GBT's vision is to produce this system as a low
cost, secure, private-mesh-network between all enabled devices.
Thus, providing shared processing, advanced mobile database
management and sharing while using these enhanced mobile features
as an alternative to traditional carrier services.
Forward-Looking
Statements
Certain statements contained in this press release may constitute
"forward-looking statements". Forward-looking statements provide
current expectations of future events based on certain assumptions
and include any statement that does not directly relate to any
historical or current fact. Actual results may differ materially
from those indicated by such forward-looking statements because of
various important factors as disclosed in our filings with the
Securities and Exchange Commission located at their website (
http://www.sec.gov).
In addition to these factors, actual future performance, outcomes,
and results may differ materially because of more general factors
including (without limitation) general industry and market
conditions and growth rates, economic conditions, governmental and
public policy changes, the Company's ability to raise capital on
acceptable terms, if at all, the Company's successful development
of its products and the integration into its existing products and
the commercial acceptance of the Company's products. The
forward-looking statements included in this press release represent
the Company's views as of the date of this press release and these
views could change. However, while the Company may elect to update
these forward-looking statements at some point in the future, the
Company specifically disclaims any obligation to do so. These
forward-looking statements should not be relied upon as
representing the Company's views as of any date subsequent to the
date of the press release.
Contact:
Mansour Khatib, CEO
press@gopherprotocol.com