SANTA MONICA, Calif., June 02, 2021 (GLOBE NEWSWIRE) – GBT Technologies Inc. (OTC PINK: GTCH) (“GBT”, or the “Company”) seeks to do business with US government agencies and has successfully submitted an application for registration with the System for Award Management (SAM), registration # 832011626.
A SAM registration is required for any entity to bid on and get paid for federal contracts or to receive federal funds, including for non-profit businesses, for-profit businesses, government contractors / subcontractors, and cities local. The AM (www.sam.gov) is a central registration point for contractors and government suppliers. This is part of GBT’s General Services Administration (GSA) application to obtain approval to sell to the United States government through the US General Services Administration (GSA). Although federal contracting opportunities have different requirements, there is a fundamental set of information that applies to all applicants. The GSA is the purchasing department of the US government and lists contracts or schedules of potential suppliers who may bid on government contracts. To become eligible to bid on a GSA schedule, it is necessary to follow several important steps, among which are the registration in the government SAM (Allocation Management System) and the provision of the contact information of previous clients as a means. for the GSA to conduct a performance review. More information can be found on the GSA website at: Home (gsa.gov)
“We have successfully submitted a SAM (Rewards Management System) registration and are progressing towards approval to do business with the federal government. We aim to position our technology and solutions as a candidate for business with US government agencies and departments. GBT has extensive knowledge, experience and proven track record in Artificial Intelligence, IoT, Tracking, Health and Radio technologies and is prepared to research government affairs. We firmly believe that our intellectual property, technologies and solutions can be a great fit for government contracts in the fields of military, security, emergency relief, long-range secure communications and remote medicine. . Our AI technologies provide high security and extensive data processing capabilities that deliver effective solutions in a wide variety of fields. Our goal is to be a proud American company that delivers essential technology to government, contributing to our national security, healthy lifestyles and our economy, ”said Mansour Khatib, CEO of GBT Technologies Inc.
GBT Technologies, Inc. (OTC ROSE: GTCH) (“GBT”) (http://gbtti.com) is a developmental company that considers itself native to the Internet of Things (IoT), artificial intelligence (AI) and mobile enabled technology platforms used to increase the performance of integrated circuits. GBT has assembled a team with extensive technological expertise and built an intellectual property portfolio made up of numerous patents. GBT’s mission is to license technology and intellectual property to synergistic partners in the areas of hardware and software. Once commercialized, GBT’s goal is to have a suite of products including smart chips, AI, encryption, blockchain, integrated circuit design, mobile security applications, management protocols. database, with tracking and cloud software support (without GPS). GBT envisions this system as the creation of a global mesh network using advanced nodes and high performance next generation IC technology. The heart of the system will be its advanced microchip technology; a technology that can be installed on any mobile or fixed device in the world. GBT’s vision is to produce this system as a low cost and secure private mesh network between all activated devices. Thus, providing advanced shared processing, management and sharing of mobile databases 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 relate directly to historical or current fact. Actual results may differ materially from those indicated by these forward-looking statements due to various important factors as disclosed in our documents filed with the Securities and Exchange Commission located on their website ( http://www.sec.gov). In addition to these factors, actual performance, results and future results may differ materially due to more general factors including (but not limited to) general industry and market conditions and growth rates. , economic conditions, changes in government and public policy, the Company’s ability to increase capital on acceptable terms, if applicable, the successful development of its products by the Company and 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 opinions of the Company as of the date of this press release and those opinions are subject to change. However, although the Company may choose 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 taken as representing the views of the Company as of a date subsequent to the date of the press release.
Mansour Khatib, CEO