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Wednesday, September 11, 2019

#AI Stock News: GBT (OTCPINK: $GTCH) Files International Patent Protection for 3D Microchip Technology


#AI Stock News: GBT (OTCPINK: $GTCH) Files International Patent Protection for 3D Microchip Technology



Santa Monica, CA - September 11, 2019 (Investorideas.com Newswire) GBT Technologies Inc. (OTCPINK: GTCH) ("GBT", or the "Company"), a company specializing in the development of Internet of Things (IoT) and Artificial Intelligence (AI) enabled networking and tracking technologies, including its GopherInsight™ global mesh network technology platform for both mobile and fixed solutions, today announced that GBT Technologies, S.A., a Costa Rican company ("GBT CR"), has completed its written design of the deep nanometer range 3D microchip patent, clearing the way for GBT to file for international protection (PCT) for the patent.


As a continuation of protecting the Company's licensed intellectual properties (see release from May 17, 2019 - https://www.otcmarkets.com/stock/GTCH/news/Gopher-Protocol-Files-for-International-Patent-Protection?id=228732), GBT has filed for international protection under The Patent Cooperation Treaty ("PCT") for its deep nanometer range 3D microchip patent. The application has been assigned serial number PCT/US19/50266 and the international filing date is September 10, 2019.

This microchip is targeted for GBT's planned future chipset and derivative integrated circuits. The technology is based on a new concept for a microchip's die structure and orientation and is specifically designed for deep nanometer range. It is designed to work with Digital, Analog and Mixed technologies to achieve much higher performance and die yield. The new IC (Integrated Circuit) architecture will enable larger chip structures within smaller areas, and lower power consumption.

GBT is planning to use this type of technology for AI/machine learning ICs with the goal to work within GBT's own IoT/Mobile and database systems. The design will also support GBT's private, secured communications protocol gNET™, enabling real-time database handling and management between GBT's devices. The ICs are being targeted to work also within GBT's Avant! AI.

PCT is an international patent law treaty that provides a unified procedure for filing patent applications to protect invention in each of its contracted members. A patent application filed under the PCT is called an international application, or PCT application.

"We believe that the technology underlying this patent will enable significant advancements in the field. The patent seeks protects a new architectural approach within the integrated circuits arena including advanced fin field effect transistor (FinFet) technology. The new microchip structure defines new wafer-fab manufacturing disciplines for ICs processes, which we believe goes further than the current theoretical, practical and economic limits. Using this new concept, designers, including fabless design houses, will be able to achieve feature-size reductions, higher yield, higher performance and significantly lower power consumption. In addition, the new design seeks to address complex manufacturability issues in order to achieve better ROI for mass production. Our patent covers three-dimensional, multi-planetary ICs integration, creating a new standard in this domain," provided Douglas Davis, GBT's Chief Executive Officer.

Dr. Rittman, the Company's Chief Technology Officer, added: "The IC industry has reached its limits for microchip manufacturing mode and needs a breakthrough. The physical, electrical and manufacturing barriers are crucially limiting. We believe we offer a new vision that will exceed current IC physical limits and in turn potentially enable more advanced possibilities for smart application ICs. It would be our goal to focus this planned technology in the areas of displays, micro solar power, power harvesting, memories, micro processing and more."

About GBT Technologies Inc.
GBT Technologies Inc. (OTC PINK: GOPHD) ("GBT") (http://gopherprotocol.com/) is a development-stage company which considers itself a native IoT creator, developing Internet of Things (IoT) and Artificial Intelligence (AI) enabled mobile technology platforms. GBT has a portfolio of Intellectual Property that, when commercialized, will include smart microchips, mobile and security applications and protocols, and supporting cloud software. GBT's system envisions the creation of a global mesh network. The core of the system will be its advanced microchip technology that can be installed in any mobile or fixed device worldwide. GBT envisions this system as a low-cost, secure, private mesh network between any enabled devices, providing shared processing, advanced mobile database management/sharing and enhanced mobile features as an alternative to traditional carrier services.

About GBT TECHNOLOGIES, S.A.
GBT Technologies, S.A., a private Costa Rican corporation (GBT - http://gbttechnologies.com/) is a development-stage company in the business of the strategic management of BPO (Business Process Outsourcing) digital communications processing for enterprises and startups; distributed ledger technology development, AI development and fintech software development and applications.

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:
Douglas Davis, CEO
GBT Technologies Inc.
Media:
press@gopherprotocol.com

GBT Technologies Inc. (OTCQB:GTCH) is a featured tech stock on

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Tuesday, September 10, 2019

The #AIEye: IBM (NYSE: $IBM) Readies Businesses for #AI by Bringing Enhancements to Cloud Pak, HPE (NYSE: $HPE) Announces ML Ops Solution


The #AIEye: IBM (NYSE: $IBM) Readies Businesses for #AI by Bringing Enhancements to Cloud Pak, HPE (NYSE: $HPE) Announces ML Ops Solution

Global #AI Systems Spending to Reach $97.9 Billion by 2023




Point Roberts WA, Vancouver BC – September 10, 2019  – Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of  The AI Eye-  watching stock news, deal tracker and advancements in artificial intelligence.

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Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

Stocks discussed: (NYSE:IBM) (NYSE:HPE) (NasdaqGS:LOGM)

IBM (NYSE:IBM) has announced enhancements to its Cloud Pak for Data to get businesses ready for AI. This is being done through the leveraging of DataOps, which help to automate and streamline data flows across an enterprise. Rob Thomas, General Manager, IBM Data and AI, explained:

"The path to consistent success with AI projects begins with business-ready data and the methodology for delivering that is DataOps. The things we're announcing today, from infusing more automation, governance and collaboration capabilities into our products, to an expanded Data Science Elite practice, build on something we've been doing throughout the year: giving clients practical ways to speed this process in a uniform, thoughtful and consistent manner to speed their journey to AI."

Hewlett Packard Enterprise Company (NYSE:HPE) has announced a container-based software solution, HPE ML Ops, which aims to standardize machine learning workflows and accelerate AI deployments. Kumar Sreekanti, SVP and CTO, Hybrid IT at HPE, commented:

“Only operational machine learning models deliver business value. And with HPE ML Ops, we provide the only enterprise-class solution to operationalize the end-to-end machine learning lifecycle for on-premises and hybrid cloud deployments. We’re bringing DevOps speed and agility to machine learning, delivering faster time-to-value for AI in the enterprise.”

LogMeIn, Inc. (NasdaqGS:LOGM) is introducing new features to its AI-powered Bold360 workflow optimization suite, including aggregating information and advanced agent monitoring. Ryan Lester, Senior Director of Customer Engagement Technologies at LogMeIn, said:

“Changing customer expectations are shifting the dynamic of customer service teams across the board. In particular, a supervisor’s role is evolving from task master and policy enforcer to coach and strategic decision-maker. With these latest updates, Bold360 supports the demands of their evolving roles and ensures they spend less time navigating systems and more time guiding their agents to better serve customers.”




Global AI Systems Spending to Reach $97.9 Billion by 2023

A report from International Data Corporation (IDC) finds that global spending on artificial intelligence systems technology will grow to $97.9 billion USD by 2023, up from the $37.5 billion projected to be spent in 2019. This represents a compound annual growth rate (CAGR) of 28.4 percent in the forecast period 2018-2023. An excerpt from the report reads:

Spending on AI systems will be led by the retail and banking industries, each of which will invest more than $5 billion in 2019. Nearly half of the retail spending will go toward automated customer service agents and expert shopping advisors & product recommendation systems. The banking industry will focus its investments on automated threat intelligence and prevention systems and fraud analysis and investigation. Other industries that will make significant investments in AI systems throughout the forecast include discrete manufacturing, process manufacturing, healthcare, and professional services. The fastest spending growth will come from the media industry and federal/central governments with five-year CAGRs of 33.7% and 33.6% respectively.

Sam Mowers, Investorideas.com

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#Defense #Stock Update: Patriot One (TSX: $PAT.TO) (OTCQX: $PTOTF) Acquires Artificial Intelligence #AI Company XTRACT Technologies Inc.; @patriot1tech


#Defense #Stock Update: Patriot One (TSX: $PAT.TO) (OTCQX: $PTOTF) Acquires Artificial Intelligence #AI Company XTRACT Technologies Inc.; @patriot1tech

TORONTO, ON - September 10, 2019 (Investorideas.com Newswire) Patriot One Technologies Inc., (TSX: PAT) (OTCQB: PTOTF) (FRANKFURT: 0PL) ("Patriot One" or the "Company"), developer of the PATSCAN™ Multi-Sensor Covert Weapon Detection Platform ("PATSCAN Platform"), is pleased to announce the acquisition of XTRACT Technologies Inc. ("XTRACT") and all its related interests, assets, and intellectual property for consideration of $6,000,000 and the issuance of 9,422,956 Patriot One common shares (the "Consideration Shares") to XTRACT's former shareholders (the "Transaction"). Subject to certain exceptions based on the business of the Company or the performance of the Company's common share price, the Consideration Shares will be subject to escrow restrictions and released on a quarterly basis over the next twelve consecutive fiscal quarters of Patriot One. The Transaction follows demonstrated success of an ongoing collaborative project between the two firms that was announced in late July 2019.

The XTRACT acquisition is part of an ongoing strategic initiative by the Company to bring together leading-edge technologies and services that will enhance the power of its PATSCAN Platform, which offers a layered, multi-sensor approach to concealed threat and disturbance detection.   


“Just over a month ago, we announced a development project with XTRACT, and during this period we’ve already seen great progress in significant opportunities for enhanced detection accuracy" said Martin Cronin, Patriot One’s CEO and President. “With new sales opportunities arising every day for a covertly deployed, multi-sensor security solution, integrating XTRACT more deeply into our development and day-to-day operations made perfect sense. We are thrilled to have this highly talented group join our ranks; as they share our vision for creating a world safer from acts of mass violence.”

The XTRACT team will bring additional leading-edge expertise in artificial intelligence (AI) and machine learning to the Patriot One staff.  XTRACT’s novel neural network architecture and data fusion techniques are robust, efficient and require less memory than comparable standards. With several strategic PATSCAN deployment initiatives in progress, including with Johnson Controls International and Bleutech Park-Las Vegas announced over the last month, the Company sees this move as both necessary and a key differentiator for its future platform development.

Following from the acquisition, former XTRACT Chairman and CEO Kevin O’Neill has been retained as an advisor to Patriot One and been invited to join Patriot One’s Board of Directors. Mr. O’Neill has many years of experience investing in growth technology companies, following his early career in investment banking with Merrill Lynch. He has been a private investor and advisor to numerous successful early-stage technology businesses, including among others a telecommunications company acquired by Microsoft.

As a wholly owned subsidiary, XTRACT will continue to operate as its own business unit and under its current brand name.  XTRACT will continue to service existing clients, representing several million dollars in committed contract backlog for 2019, along with new business opportunities as further opportunities are presented.  XTRACT has previously developed and successfully implemented solutions for military, government, industrial, environmental and transportation clients. Equally importantly, XTRACT’s engineers and data scientists possess security clearance to work on government defense projects.

Patriot One also wishes to announce that Jeffery Tindale has resigned from the Board of Directors effective September 9, 2019 but will remain with the Company as Senior Vice President of Capital Markets. “On behalf of the Company, I would like to thank Jeff for his time and dedication to Patriot One’s Board since inception,” shared Mr. Cronin, President and Chief Executive Officer. 

Martin Cronin
President and CEO
Patriot One Technologies Inc.

About Patriot One Technologies Inc. (TSX:PAT) (OTCQX: PTOTF) (FRA: 0PL): Patriot One’s mission is to deliver innovative threat detection and counter-terrorism solutions for safer communities. Our PATSCAN™ Multi-Sensor Covert Threat Detection Platform provides a network of advanced sensor technologies with powerful next generation AI/machine learning software. The network can be covertly deployed from far perimeter to interiors across multiple weapons-restricted facilities. The PATSCAN™ platform identifies and reports threats wherever required; car park, building approach, employee & public entryways and inside the facilities. Each solution in the platform identifies weapons, related threats or disturbances for immediate security response. Our motto Deter, Detect and Defend is based on the belief that widespread use of the PATSCAN™ platform will act as an effective deterrent to diminish the epidemic of active threats around the globe.  For more information, visit: www.patriot1tech.com or follow us on Twitter and Facebook.

About XTRACT - a Patriot One Technologies company
XTRACT develops and commercializes artificial intelligence, machine learning, deep neural network and predictive solutions utilizing its proprietary technology for public institutions and private enterprise. The firm has an award winning, highly skilled team that develops deep neural network technology, which scales and drives how machines learn. The technology is core to the Company’s platform which runs more effective and reliable business solution and applications.

For further information, please contact: Patriot One Inquiries info@patriot1tech.com www.patriot1tech.com

Investor Relations
John Martin
+1 (888) 728-1332

Media Contacts:
Scott Ledingham, PR Media Now
+1-613-806-7135

CAUTIONARY DISCLAIMER STATEMENT:
This news release contains forward-looking statements relating to product development, licensing, commercialization and regulatory compliance issues and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact, included in this release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include the failure to satisfy the conditions of the relevant securities exchange(s) and other risks detailed from time to time in the filings made by the Company with securities regulations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements as expressly required by applicable law.

Neither the Toronto Stock Exchange (TSX) nor its Regulation Services Provider (as that term is defined in policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure : this news release featuring TSX: PAT is a paid for news release on Investorideas.com
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Breaking #Security #Stock News- PATRIOT ONE (TSX: $PAT.TO) (OTCQX: $PTOTF) SELECTED AS THE SECURITY TECHNOLOGY PARTNER FOR BLEUTECH PARK LAS VEGAS

Breaking #Security #Stock News- PATRIOT ONE (TSX: $PAT.TO) (OTCQX: $PTOTF) SELECTED AS THE SECURITY TECHNOLOGY PARTNER FOR BLEUTECH PARK LAS VEGAS

A $7.5b project and the first digital infrastructure city of its kind in the world



TORONTO, September 10, 2019 (Investorideas.com Newswire )  Patriot One Technologies Inc. (TSX: PAT) (OTCQX: PTOTF(FRANKFURT: 0PL) (“Patriot One” or the “Company”), developer of the PATSCAN™ Threat Detection Platform, is pleased to be selected as the security technology partner for Bleutech Park Las Vegas, a $7.5b Las Vegas Mini-City project that will be the World's First Net-Zero, Smart, Connected and Safe City.  The partnership was announced via a press release by Bleutech Park on Monday, September 9, 2019 and via social media on Friday, August 30, 2019.


Prior to these announcements, Bleutech Park Las Vegas held an event on Wednesday, August 28, with key technology partners from around the world who shared their technologies and their excitement for being a part of the “Smart Mini-City” project; a first of its kind in the world.   Distinguished guests learned more about the project and got a first-hand look at the advanced technologies that will be integrated at Bleutech Park Las Vegas, scheduled to host its groundbreaking ceremony in December 2019.

The event began with the unveiling of state-of-the-art technologies and new renderings of Bleutech Park Las Vegas by the team of architects and engineers. KME Architects Principal, Melvin Green began the program with what was echoed by all partners, "We are excited because of the foresight to bring Bleutech Park to Las Vegas for its sustainability. We all have a vested interest in this project, because we have to leave this earth for our kids and their future generations."

Bleutech Park Las Vegas CTIO, Bertrand Dano introduced key technology partners, from all around the world, who are making it possible for Bleutech Park Las Vegas to be powered by the sun, wind and footsteps, thereby creating its own energy "off-the-grid." Following the renderings and information shared about its supertrees, representatives from Cisco, Pavegen, Knightscope, Onyx Solar, and Patriot One Technologies demonstrated each of their technologies and their impact into this one-of-a-kind project. From footsteps creating energy, to transparent colorful photovoltaic glass for building structures, to fully autonomous robots powered by the use of AI for security and technologies delivering innovative threat detection and counter-terrorism solutions.

"Patriot One is honored to be selected as the security technology partner for Bleutech Park, a $7.5b Las Vegas Mini-City project that will be the World's First Net-Zero, Smart, Connected and Safe City," shared Martin Cronin, CEO & President of Patriot One Technologies
To stay up-to-date with Bleutech Park Las Vegas, please visit BleutechPark.com and follow the project on Facebook, Instagram and Twitter at @Bleutechparklv.

About Patriot One Technologies, Inc. (TSX:PAT) (OTCQX: PTOTF) (FRA: 0PL): Patriot One’s mission is to deliver innovative threat detection and counter-terrorism solutions for safer communities. Our PATSCAN™ Multi-Sensor Covert Threat Detection Platform provides a network of advanced sensor technologies with powerful next generation AI/machine learning software. The network can be covertly deployed from far perimeter to interiors across multiple weapons-restricted facilities. The PATSCAN™ platform identifies and reports threats wherever required; car park, building approach, employee & public entryways and inside the facilities. Each solution in the platform identifies weapons, related threats or disturbances for immediate security response. Our motto Deter, Detect and Defend is based on the belief that widespread use of the PATSCAN™ platform will act as an effective deterrent to diminish the epidemic of active threats around the globe.  For more information, visit: www.patriot1tech.com or follow us on Twitter and Facebook.

About Bleutech Park Las Vegas:  Bleutech Park Properties Inc. is a Delaware registered Real Estate Investment Trust (REIT) private fund dedicated to providing finance, operation and asset management of primarily Bleutech Park projects throughout the US market and abroad. Bleutech Park Properties Inc. is proud to design, build, finance, operate and maintain the future of smart and connected infrastructure while leveraging emerging technologies with higher standards of sustainability and 100% off-the-grid commitment revolutionizing the world for the future.

For further information, please contact: Patriot One Inquiries

Investor Relations
John Martin
+1 (888) 728-1332

Media Contacts:                                            
Scott Ledingham,
PR Media Now                            
Patriot One Technologies             
+1-613-806-7135
                   
Julie Samuelson
Quillin Advertising, Public Relations & Social Media
Bleutech Park Las Vegas
702-800-7803

CAUTIONARY DISCLAIMER STATEMENT:
This news release contains forward-looking statements relating to product development, licensing, commercialization and regulatory compliance issues and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact, included in this release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include the failure to satisfy the conditions of the relevant securities exchange(s) and other risks detailed from time to time in the filings made by the Company with securities regulations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements as expressly required by applicable law.

Neither the Toronto Stock Exchange (TSX) nor its Regulation Services Provider (as that term is defined in policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure : this news release featuring TSX: PAT is a paid for news release on Investorideas.com
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