$GTCH Feb. 22, 2022 (GLOBE NEWSWIRE) -- GBT Techno

$GTCH Feb. 22, 2022 (GLOBE NEWSWIRE) -- GBT Technologies Inc. (OTC PINK: GTCH) ("GBT”, or the “Company”) applied and received their extension notice for its System for Award Management (SAM) registration #832011626/91FW3 until May 2023. The active status makes GBT eligible to contract business with US government contractors and sub-contractors, local cities or receive federal funds. SAM is a central registration system for government contractors and suppliers. GBT extended with General Services Administration (“GSA”) to sell to the United States Government. To remain eligible to do business with the federal government, an entity must renew its registration with SAM every year. GBT plans to continue exploring and pursuing government business opportunities, offering its advanced technologies for a variety of domains; among them are, military, security, tracking, IoT, communications, and health.

“We extended our active registration with SAM which means we are approved to conduct business with US government agencies, local municipals, cities, states, contractors and suppliers. GBT has extensive knowledge and experience in advanced technological arenas, among them IoT, database security, tracking, health, artificial intelligence, and integrated circuits. We believe that the current government push to move high tech industries such as microchip design and manufacturing back to America will open R&D and sales opportunities for the company. By using our technologies and offering efficient solutions for military, global emergency response, security, microchip manufacturing, global health, along with design intelligent image/video processing. We will continue to pursue our 2021 strategy through offering essential technology solutions to governments and large technology companies,” stated Mansour Khatib, GBT’s CEO.