#AI #Stock News: GBT
(OTCPINK: $GTCH) BitSpeed Corp., a Joint Venture between GBT and BitSpeed,
announces that BitSpeed has been Recertified as a #Cloud Platform #Technology
Partner
BitSpeed's Extreme File Transfer Network Software
allows the transfer of Large File Data to and from the Cloud at Higher Speeds
and with Enhanced Security
SANTA
MONICA, Calif. - December 23, 2019 (Investorideas.com Newswire) GBT
Technologies Inc. (OTCPINK: GTCH) ("GBT", or the
"Company"), a company specializing in the development of Internet of
Things (IoT) and Artificial Intelligence (AI) enabled networking and tracking
technologies, including its GopherInsight™ wireless mesh network technology
platform for both mobile and fixed solutions, announced previously that it has
entered into a Joint Venture ("JV") Agreement with BitSpeed LLC
("BitSpeed"), a software development company located in the Los
Angeles area. The new JV is called GBT BitSpeed Corp.
Read this news in
full at https://www.investorideas.com/CO/GOPH/news/2019/12231BitSpeed-JointVenture.asp
BitSpeed
(www.bitspeed.com) specializes in
the development, sale and maintenance of software which allows the accelerated
and secure transfer of large file data over existing private or public
networks. BitSpeed has been partnered for the last few years with a global
Cloud Platform. This major partner has just recertified BitSpeed's solutions
for 2020 as a Technology Partner, which means that the Cloud Platform allows
its customers to buy BitSpeed's solutions globally through their cloud portal.
GBT
BitSpeed Corp. is expected to assist with the integration and development of
BitSpeed's technology into GBT's patented and patent-pending technology
platform outlined in previous announcements, highlighted by its GopherInsight,
gNET Wireless Mesh Network platform, and its Avant! AI management system. As
GBT's gNET network data transfer needs grow in the future, it is planned that a
high-speed, secure layer of technology could be added to facilitate movement of
large file data globally.
"Congratulations
to the BitSpeed team for qualifying again as a Technology Partner" said
Doug Davis, GBT's Chief Executive Officer. "We are excited by this
validation of BitSpeed software as a world-class solution for cloud ingest and
transfer and look forward to our cooperative development and business efforts
in the future."
"We
are pleased to have qualified in this Cloud Platform Technology Partner program
for another year" said Caron Caldwell, BitSpeed's General Manager.
"We at BitSpeed are looking forward to supporting GBT BitSpeed and its
go-to-market programs centered around both BitSpeed and GBT's products. Data
are growing so fast, and cloud strategies need real-time data, so the demand
for this type of solution will be significant next year and in the years to
come."
About GBT Technologies Inc.
GBT
Technologies Inc. (OTC PINK: GTCH) ("GBT") (http://gopherprotocol.com/) is a
development-stage company which considers itself a native IoT creator,
developing Internet of Things (IoT) and Artificial Intelligence (AI) enabled
mobile technology platforms. Gopher has a portfolio of Intellectual Property
that, when commercialized, will include smart microchips, mobile and security
applications and protocols, and supporting cloud software. Gopher's system
envisions the creation of a global mesh network. The core of the system will be
its advanced microchip technology that can be installed in any mobile or fixed
device worldwide. Gopher envisions this system as a low-cost, secure, private
mesh network between any enabled devices, providing shared processing, advanced
mobile database management/sharing and enhanced mobile features as an
alternative to traditional carrier services.
Forward-Looking
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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 as a
result 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:
GBT Technologies
Inc. (OTCQB:GTCH) is a featured tech stock on
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