Breaking #AI #Stock News: GBT (OTCPK: $GTCH)
Intellectual Properties Portfolio Update; #ArtificialIntelligence
Santa Monica, CA, January 18, 2023 -- (Investorideas.com Newswire) GBT Technologies Inc. (OTC
PINK: GTCH) ("GBT” or the
“Company”), is pleased to provide an
update about its Intellectual Properties (“IP”) portfolio:
Read
this news, featuring GTCH in full at https://www.investorideas.com/CO/GOPH/news/2023/01181Intellectual-Properties-Portfolio.asp
In April 2020, GBT was forced to make the decision of
changing the Company’s direction by developing a portfolio of intellectual
property within the area of microchips technology and design*). The years 2019 and
2020 were compounded with recuring legal issues and COVID-19 restrictions creating
extremely difficult times and challenges. GBT focused on its core competency in
the area of Research & Development (“R&D”) creating an IP portfolio combined
of patents, trade secrets and prototypes further defining GBT’s new mission.
GBT is now developing IP in areas which will leverage its
competencies and experience with the goal of diversifying in various
fast-growing semiconductor industries in today’s leading, growing market
segments.
GBT currently holds 10 patents and has 25 submissions
within in the following domains: tracking, 3-D Microchip Design (semiconductors),
EDA Software Tools and subsets with, cyber security, ID, telehealth, AI,
computer vision, IoT, mesh networks and sectors which it believes are in demand.
The Company has been delivering a steady stream of new IPs for portfolio
expansion developing new ideas and successful patents, over the past two years.
In 2020, GBT set a milestone goal of 25 patents by the
end of 2023, and it exceeded the original timeline already. The following graph
will visualize the progress GBT has made on the IP side.
Going forward, GBT will focus on expanding the families of various patents and concentrating on strategic potential partnerships with the goal of integrating these technologies into a broad marketplace, one that will potentially diversify the risk within these areas:
- Build
a portfolio pipeline of IP related to microchip technology.
- Seek
to actively introduce this new technology to strategic partners, large companies
and VC’s creating market opportunities.
- Using
market diversification to create access to new fields and future growth.
GBT Technology Inc IP Portfolio information
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 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 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
GBT Technologies Inc. (OTCQB:GTCH) is a
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*)
As disclosed in the Company’s Form 8-K Current Report filed March 2, 2020, and
in subsequent filing with the Securities and Exchange Commission, Discover
Growth Fund, LLC (“Discover”) has asserted that it has sold all the Company’s
assets** including potentially the assets, or some of it discussed in this
Press Release letter. The Company is pursuing various legal remedies
challenging Discover’s position that is has sold the Company’s assets of which
there is no guarantee the Company will be successful in such challenge.
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