SAN DIEGO, June 03, 2021 (GLOBE NEWSWIRE) — GBT Technologies Inc. ( OTC PINK: GTCH ) (“GBT” or the “Company”) has commenced research with the goal of developing an AI empowered, wireless patient monitoring system. The project’s internal code name is “Apollo”. The technology will be based on radio waves and empowered by machine learning. Currently health related monitoring devices are typically wearable or invasive types. These devices are self-reporting systems and typically monitoring patient’s vitals, keeping logs, track sleeping habits and similar. The goal of the Apollo technology will be to develop a device that will be installed at a patient’s home and transmit radio waves within specific frequencies spectrum, measuring returned reflections. It is intended that the body’s waves reflection will be analyzed by an AI algorithm to find unique patterns, detecting heartbeats, breathing rate, sleeping patterns, mobility and even emotions. It is a goal to develop the technology to identify humans and object’s movements through walls and using machine learning methods to determine if it is a human or non-living object. It is an additional goal to be able to identify a person’s fall or emergency condition and, in turn, alerting emergency response. In addition, it is a goal for the system to be able to supervise home security, identifying intruders, fire or any other out of the ordinary event that may require alerting the emergency authorities. The technology will include radio-based location system, like GPS which enables to point the exact person’s location within a large building, for example within a hospital.
“We are researching to develop an out-of-the-box monitoring device for patients and elderly that is radio based and AI empowered. It is our goal to particularly serve people that do not like to wear monitoring devices and yet need to be monitored at their home or at a facility. The Apollo device will be using RF signals to transmit in specific frequencies and analyze the reflection data. It is our goal to use a deep learning analysis to determine if the data belong to a human or objects and will calculate heart beating rate, breathing, and movement. It is our goal that a person would not need to wear any electronic device and the system will be able to detect his/her daily activities. The goal of the system will be able to detect in real time irregularities like a fall, low breathing or irregular heart beat and alert emergency response. Since the system will be working via radio waves, it will be able to cover an entire home environment.” Stated Danny Rittman the Company’s CTO.
There is no guarantee that the Company will be successful in researching, developing or implementing this system. In order to successfully implement this concept, 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