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Special Edition AI Eye Podcast: GBT Technologies CTO and GTX Corp. CEO Discuss Recent LOI and How Companies Compliment Each Other
Point Roberts, Washington and Vancouver, British Columbia--(Newsfile Corp. - June 28, 2021) - ...
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[{"type":"text","content":"Special Edition AI Eye Podcast: GBT Technologies CTO and GTX Corp. CEO Discuss Recent LOI and How Companies Compliment Each OtherPoint Roberts, Washington and Vancouver, British Columbia--(Newsfile Corp. - June 28, 2021) - Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings you today's edition of The AI Eye Podcast featuring GBT Technologies Inc. (OTC Pink: GTCH), 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.Listen to today's podcast:https://www.investorideas.com/Audio/Podcasts/2021/062521-AI-Eye.mp3Hear the Ai Eye on Spotify GBT Technologies Inc.'s (OTC Pink: GTCH) recently-announced Letter of Intent (LOI) with GTX Corp (OTC: GTXO) plays to the strengths of both companies and validates GBT's business model, according to CTO, Danny Rittman. In a recent interview with Investorideas.com, Rittman and GTC CEO, Patrick Bertagna discussed the LOI, which according to the press release, aims \"to develop a framework of cooperation between the companies to evaluate the viability and market size of the Company's Intellectual Property and product line for worldwide exclusive licensing rights to manufacture, sell and distribute their products.\"\"We (GBT) have a great ability, in house, of development from an IP to a prototype,\" Rittman said. \"And that's why we're constantly filing patents. We see that GTX has an extraordinary proven record and experience of bringing these types of technologies to market.\"\"We think it really outlines an excellent opportunity for a partnership,\" Bertagna said. \"It's extremely complimentary in terms of our skill sets: GBT has phenomenal R&D capabilities, great engineering capabilities, and at GTX we've got good manufacturing capabilities, sales, global distribution, and sales support. It gives GTX the ability to really focus on the sales, distribution, and manufacturing - those are skill sets we have been utilizing for years - and it gives GBT the opportunity to focus on the ideation and the early stages of the development aspects of bringing a product to the commercial market.\"Bertagna explained how the COVID-19 pandemic had emphasized and accelerated certain trends in the market, in partic...