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GBLT Corp
Symbol GBLT
Shares Issued 113,256,663
Close 2021-09-22 C$ 0.235
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GBLT receives 2.1-million-euro Dr. Senst product order

2021-09-22 11:19 ET - News Release

Dr. Thilo Senst reports

GBLT RECEIVES 2.1M-EURO ORDER FROM EUROPE'S LARGEST RETAILER FOR NEW PRODUCTS

GBLT Corp. has received an order for 2.1 million euros ($3.2-million) from Europe's largest retailer to deliver the company's newest product line, Dr. Senst branded blood pressure monitors and nebulizers. Products will be sold in markets that include France, Spain, Portugal and Italy, and GBLT expects to distribute these products in additional markets going forward.

This order marks continued expansion of GBLT's proprietary brand of Dr. Senst health care electronic products as the company continues to penetrate retailers globally.

"The fact that Europe's largest retailer is coming directly to GBLT to have products developed based on consumer demand is a testament to our relationship with our clients and our ability to deliver exactly what our clients are looking for in a timely and cost-effective manner," said Dr. Thilo Senst, founder and chief executive officer of GBLT. "Dr. Senst has become a leading and trusted European brand in just a short 18-month period, and we continue to quickly expand our product lines to meet the demand of customers. We are well on track to achieve record revenue in fiscal year 2021, but further sustain this growth moving forward, independent of COVID-19, as the Dr. Senst brand quickly becomes a trusted household brand of products for today's more health-conscious consumer."

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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