Breaking #AI #Stock News: GBT (OTC: $GTCH)
filed a Patent Application Covering a Commercial Method and #Software
Application Empowered by AI #Technology; #artificialintelligence
The Technology Targets a Wide Variety of Advertising and Marketing
Capabilities
SAN DIEGO - April 27, 2021 (Investorideas.com Newswire) GBT Technologies Inc. (OTC PINK: GTCH) ("GBT" or the "Company") filed a provisional patent for a commercial method and software empowered by its AI technology with U.S. Patent and Trademark Office ("USPTO"). The invention is targeting a wide variety of advertising and marketing applications and intended for all types of common media such as newspapers, magazines, publications, software, mobile apps, or any type of textual and graphical based material. The method and computer software may also be used on web sites using any Internet browser interface.
Read this new,
featuring GTCH in full at https://www.investorideas.com/CO/GOPH/news/2021/04271Patent-Application.asp
The
method and software input is textual and/or graphical context in any standard
format to produce an output with advertisement and marketing information
symbols to attract potential customers attention. The produced material can
include LOGOs, symbols, icons and other type of commercial oriented objects.
Using the described invention within content of media, introduces a novel
method to theoretically increase revenue due to a broader exposure to a
marketing and advertising content. The system is targeted to be managed via
GBT's Artificial Intelligence algorithms for scanning a given text/graphics,
identifying topics of interest within its context, and assigning commercial
oriented objects as methods of advertisement and marketing. The AI engine is
also capable of working via NLP (Natural Language Processing) to produce the
desired results. The assigned application number is 63177669 and the filing
date is April 21, 2021. The Company is planned to file a nonprovisional
application during the next few months.
"As part of our ongoing research and development
activities we are filing a patent to protect another possible application for
our AI technology, this time in the advertisement and marketing domains. The
filed invention describes an innovative method and computer software that we
believe has a potential to increase commercial exposure for products or
services. It can be used for broad advertisement and marketing campaigns within
common types of media like newspapers, magazines, digital media, software, mobile
application and more. The method and system can analyze a text or graphical
data, identifying objects of interest for example, company's LOGO, or a
product's symbol and inserting additional information to attract attention and
increase awareness to these specific objects. This method offers an effective
way to create "spot lights" for any logo, product's symbol or
service's icon within media context. Viewers are introduced to these
advertisement symbols in a friendly and attractive way which attracts their
attention for further action. The introduced method and technology is targeted
to be supervised by our AI technology for intelligent scan-and-identify
targeted objects within media context, and insert the required advertisement
materials. We truly believe that such method and system can become a must have
within the advertising and marketing domains, enabling corporation's
significant revenue increase via broader exposure and awareness." Said
Danny Rittman the Company's CTO.
There
is no guarantee that the Company will be successful in researching, developing
or implementing this system or that it will be granted the patent (or prior
provisional patent). In order to successfully implement this system, the
Company will need to raise adequate capital to support its research and, if
successfully researched, developed and granted regulatory approval, the Company
would need to enter into a strategic relationship with a third party that has
experience in manufacturing, selling and distributing this product. There is no
guarantee that the Company will be successful in any or all of these critical
steps.
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 expertise and is building an
intellectual property portfolio consisting of many patents. GBT's mission, to
license the 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 in any mobile
or fixed device worldwide. GBT's vision is to produce this system as a low
cost, secure, private-mesh-network between any and 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 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:
Dr.
Danny Rittman, CTO
press@gopherprotocol.com
GBT Technologies
Inc. (OTCQB:GTCH) is a featured tech stock on
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