#Technology #Stock News: GBT (OTCPK: $GTCH)
is Developing an Internet Based Licensing System to Potentially Offer its
Microchip Analysis Technology through a Secured Web Portal Interface
SAN DIEGO - January 11, 2022 (Investorideas.com Newswire) GBT Technologies Inc. (OTC PINK: GTCH) ("GBT" or the "Company"), is developing an Internet based system to potentially license its microchip analysis technology through a web portal interface.
Read this news, featuring GTCH in
full at https://www.investorideas.com/CO/GOPH/news/2022/01111Internet-Based-Licensing-System.asp
Using a secured portal, fabless IC design firms will
be able to license and use GBT's IC analysis programs per demand. This system
will potentially offer an affordable solution for small and medium integrated
design companies that cannot afford mass licensing model costs. Typically,
these types of software are licensed based on the number of users, and in case
of large corporations via a site license model. This method may not be
affordable to many small and medium size IC design firms. Establishing a
per-demand, per-user license leasing feature may open new business
opportunities for many IC design houses around the world.
GBT, upon completion of the portal, plans to offer a
wide variety of IC analysis and verification programs within the fields of
Design Rule Check, Reliability, Electrical Connectivity, and DFM (Design for
Manufacturing). Once developed, the secured web portal will offer the option of
analysis run on the customer's machines or on GBT's secured servers with the
goal of correcting and/or improving the microchip's characteristics and
confirming the desired outcome. Corporations will be able to license GBT's
software tools per session and usage period; for example, per week, month or
more. The licensing cost will be calculated according to usage time, number of
users and the leased software tools. In the past decade the IC's industry has
experienced high demand for computer-aided-design (CAD), also called EDA
(Electronic Design Automation), software tools as these become key aspects in
transforming product's definition and concepts into production-ready integrated
circuits. GBT intends to make its technology available for all IC design firms
sizes enabling them to achieve their goals and introduce their projects to
market in an affordable manner.
"Large microchip design
companies typically pay millions of dollars annually to license a complete set
of EDA tools that are necessary to design IC projects; particularly, in
advanced nanometer nodes. But not every design firm can afford this cost. For
example, startups or medium size corporations are struggling paying high
licensing cost of EDA tools to ensure well designed projects. Using a
per-demand, per user licensing model, we plan to offer our IC analysis
technology in much more affordable prices. As large corporations will be able
to license our technology according to their capabilities, smaller and medium
firms will also benefit from advanced IC analytics tools in an affordable cost.
We plan to offer this type of licensing through a secured web portal that will
provide time/user based, per-demand leasing option. Design firms will have the
option to run GBT's software on their own servers or to upload their design to
be processed on our secured computing environment. We will offer our Design
Rule, Reliability, Connectivity and DFM analysis tools. We plan to incorporate
advanced data security technology to protect design firm's IP and analysis
results. We firmly believe that such a system may create a whole world of
business opportunities, offering significant productivity enhancement
technology, enabling a major project's design time reduction, with higher
quality, and much faster timelines to market" stated Danny Rittman, the
Company's CTO.
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 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:
Dr. Danny Rittman, CTO
press@gopherprotocol.com
GBT Technologies Inc. (OTCQB:GTCH) is
a featured tech stock on
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