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GBLT Corp
Symbol GBLT
Shares Issued 112,525,619
Close 2020-11-24 C$ 0.13
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GBLT delivers 50,000 FFP2 masks to drugstore retailer

2020-11-24 10:09 ET - News Release

Dr. Thilo Senst reports

GBLT CORP. EXPANDS RELATIONSHIP WITH ONE OF EUROPE'S LARGEST DRUG-STORE RETAILERS TO OFFER PPE

GBLT Corp. has delivered an order of 50,000 FFP2 masks to an existing drugstore client. This is the second new product line that GBLT has introduced to the retailer in 2020, with the first order of flash media cards announced on Oct. 21, 2020.

FFP2 masks are considered professional and medical-grade masks compared with the FFP1 masks that are more commonly found throughout European regions. FFP2 masks have a filter capacity of approximately 94 per cent, comparable with the North American-standard masks of N95, which offer a filter capacity of 95 per cent, and with FFP1 masks, which have a filter capacity of 80 per cent.

"As we are now a listed supplier for this large drugstore chain based out of Germany, we are able to quickly fill orders for a host of different products that consumers require; in this case, high-grade FFP2 masks," said Dr. Thilo Senst, founder and chief executive officer of GBLT. "Our developing relationship with this drugstore is a prime example of why GBLT is so valuable to its clients and why we are able to win. As we prove that we can meet demand in a timely and flawless manner, we quickly move to being a listed vendor, leading to subsequent orders for a multitude of products we offer. Whether it be mobile energy, battery or now PPE [personal protective equipment] solutions, GBLT has become a trusted source of product for retailers."

As regions within North America and Europe enter second waves of lockdown as a result of the COVID-19 pandemic, consumers, particularly essential workers, require the highest-quality masks in order to limit their exposure to the virus.

Dr. Senst continued: "While there is an immediate need for masks resulting from second wave of lockdowns, our view is that demand for masks and other PPE will continue growing into regular household items. In doing so, we expect Dr. Senst brand of products to become a trusted source of safety for families throughout Europe and, inevitably, North America, while also ensuring that our retail partners are able to stock shelves to meet this demand."

About GBLT Corp.

GBLT, through its operating company, GBT GmbH, designs, manufactures and supplies mobile storage, battery and personal protective equipment to some of the largest retail chains across the globe. GBT is also an official licensee for Kodak mobile storage systems and AgfaPhoto mobile energy products. The company's personal protective equipment is primarily sold throughout Europe under the Dr. Senst brand, which is owned and operated by GBT.

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