SANTA MONICA, Calif., June 24, 2021 (GLOBE NEWSWIRE) -- GBT Technologies Inc. ( OTC PINK: GTCH ) ("GBT" or the "Company"), filed a provisional patent (application number 63211573) with the U.S. Patent and Trademark Office ("USPTO"), for a real time movement and position detection method and system. The system includes a radio-based motion and image technologies. An AI technology controls radio waves transmission and analyzes the reflected information to construct 2D and 3D images including real time movement. The project's internal code name is "Apollo". Apollo technology is based on radio transmission within specific frequencies, measuring and analyzing the returned reflected waves information. The reflection will be analyzed by an AI algorithm with the goal of finding distinctive patterns such as detecting people's movements, detecting stationary objects and even potentially measuring a human's vitals. The technology is designed to scan within indoor and outdoor environments. The technology contemplates the inclusion of radio-based location system to enable accurate position of people and objects within the covered area. The Company believes that the technology encapsulates a whole world of possibilities especially in the health, security, military, and emergency response domains. The Company expects to file a non-provisional patent during the next few months.
"We truly believe that this type of technology can offer an innovative wireless solution in many domains. The use of electromagnetic radiation enables efficient scans through mediums and is designed to virtually make the system capable of "seeing" underground, under water and through walls. We will target the technology to be used in the health domain as a wearable-less monitoring system. It is our goal to apply its deep learning capability to enable rapid analysis of the RF data, identifying living entities and objects, and constructing a computerized image/motion in real time. We believe that the Apollo system can be designed to become a technological advancement and consider it one of our major IPs," said Danny Rittman, the Company's CTO.
There is no guarantee that the Company will be successful in implementing this system. In order to successfully implement this system - other than getting the patent approved by the USPTO, the Company will need to raise adequate capital to support its efforts; and if successful, obtain and develop an actual specific approval. The Company would also 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 firstname.lastname@example.org