$GTCH LOS ANGELES, June 15, 2021 (GLOBE NEWSWIRE) -- GBT Technologies Inc. (OTC: GTCH) (the “Company”), a technology company focused on developing a portfolio of Intellectual Property targeted on the IoT (Internet of Things), mesh technology and integrated Artificial Intelligence (AI), today announced that on June 10, 2021, the Company and GTX Corp (OTC: GTXO) (“GTX”), a pioneer in the fields of health & safety wearable GPS human and asset tracking systems and personal protective medical equipment and supplies, entered into a Letter of Intent (“LOI”) 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.

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