SAN DIEGO, April 06, 2021 (GLOBE NEWSWIRE) — GBT Technologies Inc. (OTC PINK: GTCH) (“GBT”, or the “Company”) is seeking to upgrade qTerm’s power management system to enable longer working time. During preliminary testing of the device, GBT decided to enhance the device’s power management capabilities due to high usage expectations. In order to accommodate extensive usage of the device on a daily basis, GBT is now developing an enhanced power system to enable longer working hours. The Company’s R&D efforts are evaluating different types of batteries and supporting electronics to prolong usage time. The device is targeted to be typically in a sleep mode and wake up upon request for vitals measurement. Upon click of a button, the device will wake up and connect to a mobile application via BLE (Low Energy Bluetooth). A vital measurement can be taken, proving LED based visual feedback by qTerm. The results will be shown numerically on the mobile application. After about one minute the device will enter a sleep mode until the next measurement request. The mobile app and a synchronized web application will be providing the battery status and other information including history, statistics, geographical location, proximity alerts and more. The Company will also evaluate a rechargeable battery option as another method of providing longer working hours. The contemplated improved power system is also part of the overall FDA revisions certification process, aiming to define the device for telemedicine purposes enabling remote vitals results to be sent to clinics and hospitals for physicians review in real time.
“As with every new gadget, electronics users are expected to extensively use the qTerm device whether it is for taking vital signs or simply for fun. Therefore, we are seeking to enhance the device power management system and currently evaluating potential solutions. Since we anticipate extensive usage as with every modern, “cool” electronics we want to make sure that users will be able to enjoy qTerm for reasonable time before replacing or recharging its battery. We are always working on our technology improvements and enhancements to bring it to the highest standards and results for our customers. Especially with medical technology, it is imperative to ensure reasonable operating time to achieve device’s long operating time, high performance and accurate results.”
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.
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 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 because 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.
