Breaking #AI #Stock News: GBT
(OTC: $GTCH) is Approved for System Award Management (SAM) Registration;
#ArtificialIntelligence
Now eligible to conduct business with
the US Government
SAN DIEGO, CA, June 10, 2021 - (Investorideas.com Newswire) GBT Technologies Inc. (OTC PINK: GTCH) ("GBT”, or the “Company”) received an activation noticed for its System for Award Management (SAM) registration #832011626/91FW3. The active status makes GBT eligible to conduct business with the US government contractors and/or sub-contractors. A SAM registration is required for entities to conduct business with federal government agencies, contractors/ sub-contractors, local cities or to receive federal funds.
Read this news, featuring
GTCH in full at https://www.investorideas.com/CO/GOPH/news/2021/06101System-Award-Management-SAM.asp
The SAM (www.sam.gov)
is a central registration system for government contractors and suppliers. GBT
has filed an application with GSA (General Services Administration) to get
approved to sell to the United States Government and SAM is one of the stages
required. To become eligible to bid on a GSA schedule, it is required to
complete several important steps, among them are registering in the
government's SAM (System for Award Management). To remain eligible to do business
with the federal government, an entity must renew its registration in SAM every
year. GBT plans to continue exploring and
pursuing all government business opportunities, offering its advanced
technologies for a variety of domains, among them are military, security,
tracking, IoT, communication and health. More information can be found on GSA
web site at: Home (gsa.gov)
“We are
glad to announce about receiving an active registration notice from SAM which
means an approval to conduct business with the US government agencies,
contractors and suppliers. GBT has extensive knowledge and experience in advanced
technological arenas, among them IoT, tracking, health and Artificial
Intelligence. We believe that our technologies can be very appealing for
government contracts offering efficient solutions for military, global emergency
response, national security, and intelligent image/video processing. We believe
our products are situated to provide global,
intelligent telemedicine capabilities around the globe through the provision of
health services to the most remote locations in the world. We are proud to be approved
in the SAM system and will continue pursuing GSA approval, with the goal of offering
essential technologies within government business”, said Mansour Khatib, the
CEO of GBT Technologies Inc.
There is
no guarantee that the Company will be successful in implementing this system. In order to successfully implement this
system, the Company will need to raise adequate capital to support its efforts
and, if successfully obtained, developed and granted actual specific 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:
Mansour Khatib, CEO
press@gopherprotocol.com
GBT Technologies Inc.
(OTCQB:GTCH) is a featured tech stock on
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