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GBLT Corp
Symbol GBLT
Shares Issued 112,525,619
Close 2020-12-15 C$ 0.18
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GBLT receives 700,000-euro order for thermometers

2020-12-15 09:52 ET - News Release

Dr. Thilo Senst reports

GBLT CORP. SIGNS 700,000 ORDER WITH ONE OF EUROPE'S LARGEST RETAILER FOR THERMOMETERS

One of Europe's largest retailers has ordered 700,000 euros of GBLT Corp.'s Dr. Senst thermometers to be delivered in January, 2021. This is the company's first order for thermometers with this major retailer and is a new product line in GBLT's previously announced expansion into PPE (personal protective equipment) solutions. GBLT is a listed supplier for this major European retailer and this is now the second product that they are delivering with the first being masks.

This initial order of GBLT's thermometers will be placed in stores across one European nation and on-line distribution of this major retailer. Upon delivery of this order by end of January, the company expects follow-on orders for additional European countries with this retailer.

"Our unparalleled supply-chain network allows us to offer a host of PPE solutions beyond simply just masks, all of which fall under the Dr. Senst brand," said Dr. Thilo Senst, chief executive officer of GBLT. "After proving ourselves as a trusted vendor to this major European retailer, we have been able to expand our product offering with them to now offer thermometers. This is a logical next step for GBLT after introducing masks and our previously announced brand of disinfectant solutions, and believe this has the potential to be a significant product offering going forward."

Dr. Senst continued: "Over the years, we have established credible relationships with some of Europe's largest retailers and being recognized as a trusted partner, hence the reason we continue to receive contracts of this scale. As we move into 2021, we are seeing high levels of demand for our PPE products and believe this will remain a lucrative component to our business throughout the new year."

About GBLT Corp.

GBLT, through its operating company, GBT GmbH, designs, manufactures and supplies mobile storage, battery and personal protection 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 protection equipment is primarily sold throughout Europe under the Dr. Senst brand, which is owned and operated by GBT GmbH.

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