Breaking #AI #Stock News:
GBT (OTC PINK: $GTCH) #IP #Technology Portfolio and Other Updates; @gbtt_inc
SANTA
MONICA, Calif. - August 22, 2023 (Investorideas.com Newswire) GBT Technologies Inc. (OTC PINK: GTCH) ("GBT" or the "Company"), is
pleased to provide an update with respect to its intellectual property
portfolio ("IP"), vested under GBT Tokenize Corp., GBT’s 50%
subsidiary ("Tokenize"), and other news.
Read this news, featuring GTCH in
full at https://www.investorideas.com/CO/GOPH/news/2023/08221IP-Technology-Portfolio-Updates.asp
As disclosed before, through
Tokenize, the Company entered into two transactions selling certain IP to third
parties. As a company with a considerable IP portfolio, developing technology
platforms takes considerable effort, the Company is continuing to focus on its
core competency of Research & Development ("R&D") through the
self-developing of a targeted technology IP portfolio combining patents, trade
secrets and prototypes.
GBT Portfolio Growth 1st & 2nd Q
2023
GBT, through Tokenize, now holds 18
patents and has 26 pending submissions within the following domains: asset
tracking, 3-D MP Microchip Design (semiconductors), EDA software-tools, ID,
cyber security, pattern recognition, tele-health, health, AI, Avant! -AI (Via
Avant Technologies, Inc - OTC QB: AVAI), computer
vision systems, IoT, mesh networks and radio networks. The Company will
continue to focus on delivering a steady stream of new IP and fresh new ideas,
with the goal of creating high value technology patents since it switched to an
IP business model three years ago.
GBT 3rd Q 2023 Highlights:
- 20% overall IP Portfolio growth in the first two Qs 2033 delivering
a steady stream of patents.
- GBT 2nd
Quarter financials LINK
- Purchase
agreement AVIA LINK
- Purchase
agreement BNIX LINK
GBT purchase agreements signed 2nd Q
2023
"With two signed purchase
agreements this year we have now laid the groundwork proving that the company
can generate attractive IP for current technology markets and companies. I
personally maintain that our unique IP Strategy with the goal of building
shareholder value has the potential for creating value faster than older traditional
ways. Creating, selling and licensing IP is a long-complicated process but
patents create long term opportunities, value, and IP security for large and
small companies. Our latest patents with Magic2 EDA software and the 3-D chip
have reached a more mature protection level and we believe we can finally
safely engage with partners trying to create the next generation of microchips.
We are excited to finally be presenting these technologies to potential
partners," provided Mansour Khatib, CEO of GBT.
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 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
info@gbtti.com
GBT Technologies Inc. (OTCQB:GTCH) is a
featured tech stock on Investorideas.com
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