SAN DIEGO, Feb. 25, 2021 (GLOBE NEWSWIRE) — GBT Technologies Inc. ( OTC PINK: GTCH ) (“GBT” or the “Company”) is targeting development of its long range radio system for use in data and voice global communications for remote applications, with or without internet services. The system is aimed to work without any other conventional networks like cellular, Wi-Fi or LAN. It is the goal to operate the system in a wide variety of remote applications like telemedicine, military/civil emergency rescue, marine and long distance IoT services. GBT is also aiming to provide internet services for faraway locations around the globe where conventional communication infrastructure is not available. The new radio system is planned to work with GBT’s medical and AI technologies, like qTerm and Avant! enabling data and audio communication for long distances, providing health monitoring, assistance services and modern online capabilities in remote locations around the world. The radio system is designed to be a complete fully-functional Long-Range device and will consist of a base, a mobile and a repeater unit. The three main components will include state-of-the-art circuitries including power supply module, GPS unit, MCU (Microcontroller Unit), IoT module and more. The system’s components communication will be done via selected radio waves (i.e., UHF, VHF, HF).
“GBT’s long range radio system is aiming to bring modern life to remote locations around the globe. If it is deep Amazon jungles, faraway geographical locations or the Arctic poles, it is our goal to bring convenience and modernization same as modern cities. The system is designed to independently operate on its own radio channel without internet or conventional communication networks enabling full bidirectional interaction. The system will include GPS module in case satellite services are available but will not be depend on it. This means that even when GPS signals is not available, for example inside a deep cave, the system will try to establish communication using triangulation methods. If the company is able to install efficient repeaters globally this would allow users to have a constant communication channel. Our goal is to bring safety and accessibility, enabling world’s exploration with confidence, ensuring people’s well-being and having their daily modern operations anywhere on Earth, according to our motto ‘It doesn’t matter where, you are never alone,’” stated Danny Rittman, the Company’s Chief Technology Officer.
There is no guarantee that the Company will be successful in researching, developing or implementing this system or that it will be granted the patent. In order to successfully implement this system, the Company will need to raise adequate capital to support its research and, if successfully researched, developed and granted regulatory approval, the Company would need to enter into a strategic relationship with a third party that has experience in manufacturing, selling and distributing this product. There is no guarantee that the Company will be successful in any or all of these critical steps.
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.
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.
Dr. Danny Rittman, CTO