SAN DIEGO, April 27, 2021 (GLOBE NEWSWIRE) — GBT Technologies Inc. (OTC PINK: GTCH) (“GBT” or the “Company”) filed a provisional patent for a commercial method and software empowered by its AI technology with U.S. Patent and Trademark Office (“USPTO”). The invention is targeting a wide variety of advertising and marketing applications and intended for all types of common media such as newspapers, magazines, publications, software, mobile apps, or any type of textual and graphical based material. The method and computer software may also be used on web sites using any Internet browser interface.
The method and software input is textual and/or graphical context in any standard format to produce an output with advertisement and marketing information symbols to attract potential customers attention. The produced material can include LOGOs, symbols, icons and other type of commercial oriented objects. Using the described invention within content of media, introduces a novel method to theoretically increase revenue due to a broader exposure to a marketing and advertising content. The system is targeted to be managed via GBT’s Artificial Intelligence algorithms for scanning a given text/graphics, identifying topics of interest within its context, and assigning commercial oriented objects as methods of advertisement and marketing. The AI engine is also capable of working via NLP (Natural Language Processing) to produce the desired results. The assigned application number is 63177669 and the filing date is April 21, 2021. The Company is planned to file a nonprovisional application during the next few months.
“As part of our ongoing research and development activities we are filing a patent to protect another possible application for our AI technology, this time in the advertisement and marketing domains. The filed invention describes an innovative method and computer software that we believe has a potential to increase commercial exposure for products or services. It can be used for broad advertisement and marketing campaigns within common types of media like newspapers, magazines, digital media, software, mobile application and more. The method and system can analyze a text or graphical data, identifying objects of interest for example, company’s LOGO, or a product’s symbol and inserting additional information to attract attention and increase awareness to these specific objects. This method offers an effective way to create “spot lights” for any logo, product’s symbol or service’s icon within media context. Viewers are introduced to these advertisement symbols in a friendly and attractive way which attracts their attention for further action. The introduced method and technology is targeted to be supervised by our AI technology for intelligent scan-and-identify targeted objects within media context, and insert the required advertisement materials. We truly believe that such method and system can become a must have within the advertising and marketing domains, enabling corporation’s significant revenue increase via broader exposure and awareness.” Said Danny Rittman the Company’s CTO.
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 (or prior provisional 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.
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 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.
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.
