Breaking #Tech #Stock News:
GBT (OTCPK: $GTCH) #IP #Technology Portfolio and Other Updates; @gbtt_inc
SANTA MONICA, Calif. - April 25, 2023
(Investorideas.com Newswire) GBT Technologies
Inc. (OTC PINK: GTCH)
("GBT" or the "Company") is pleased to provide an update
covering its intellectual properties ("IP") portfolio and other news.
Read this news, featuring GTCH in
full at https://www.investorideas.com/CO/GOPH/news/2023/04251IP-Technology-Portfolio.asp
GBT is continuing to focus on its
core competency around Research & Development ("R&D") through
the self-developing of a targeted technology IP portfolio combining patents,
trade secrets and prototypes.
GBT now holds 14 patents and has 25
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, computer vision systems, IoT,
mesh networks, radio networks. The Company has been focused on delivering a
steady stream of new IP with the goal of portfolio expansion and the
development of new ideas and successful patents since it switched to an IP
business model a bit over two years ago. In the first Q of 2023, GBT added
another four approved patents to the growing IP.
With positive industry feedback, GBT
will continue to focus on expanding the family of its various patents and
concentrating on strategic potential partnerships with the goal of integrating
these technologies into a broad marketplace, diversifying the risk within all
these areas.
GBT 1Q 2023 Highlights:
- 12.5% IP Portfolio growth increase in the 1Q
2023
- GBT filed
its Annual Report for the year ended December 31, 2023
- AVANT! AI™, the core AI system of GBT, was
registered as a trademark to provide name and IP protection. The core
technology will remain a trade secret but is now open for licensing to
build specific applications or application skins. Press
Release Trademark
- The qTerm health device has been tested and
with approval of the patent on May 2, 2023, the technology and hardware
are ready to be licensed and manufactured by a 3rd party. Patent
Announcement
- GBT signed a binding LOI with Bannix
Acquisition Corp for GBT’s Apollo technology in conjunction with
self-driving cars and public transport passenger safety. SEC Filing
- GBT sold Avant! AI™ to Trend Innovation
Holdings Inc. Press
Release Tren
"We slightly improved our
position in all areas of operation including cash, marketing, and profits, but
ultimately still have a lot of work to do. We continue to believe that
expanding and developing our own Technology IP Portfolio will lead to results.
The successful placement of Avant! AI™ and Apollo this month is proof that
there is a market for our current technology and that the strategy of developing
an IP Portfolio and placement to increase shareholder value is working,"
says Mansour Khatib, CEO of GBT.
With regard to Apollo, Steven Lake, CEO of EVIE Autonomous Ltd,
commented: "We are always seeking relevant technologies that can support
our core mission, I appreciate the value Apollo adds to EVIE as a backup to our
core AI and radar control sensors and understanding of our vehicle's
location."
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
press@gopherprotocol.com
GBT Technologies Inc. (OTCQB:GTCH) is a
featured tech stock on Investorideas.com
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