GBLT Receives €500,000 Thermometer Order from One of the Largest Global Retailers

TORONTO and DUEREN, Germany, March 23, 2021 /CNW/ - GBLT Corp. (TSXV: GBLT) (OTCQB: GBLTF) (FSE: 4G9) ("GBLT" or the "Company") is pleased to announce that it has received a fourth follow-up order for an additional €500,000 for its Dr. Senst branded thermometers from one of the largest retailers globally. GBLT had disclosed orders from this retailer previously for a total of €2.8m.

This most recent order of Dr. Senst branded thermometers will be offered in stores in select regions of the retailer.

"Dr. Senst branded products continue to grow in popularity in the EU and this latest order highlights the strong demand we are seeing directly from customers of this global retailer," said Dr. Thilo Senst, CEO of GBLT Corp. "This is now the fourth order we have received from this company and as a listed vendor for their chain of stores, we are building a strong relationship that we expect to open doors for even more Dr. Senst products. Consumers continue to vote for our products with their wallet and we believe the brand loyalty we have built over the last year will have staying-power well into the future."

About GBLT:

GBLT Corp., 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 Dr. Senst brand, which is owned and operated by GBT GmbH.

For more information, please visit www.gbt-international.com and www.gbltcorp.com.

Forward-Looking Information

Certain statements in this news release, which are not historical in nature, constitute "forward looking statements" within the meaning of that phrase under applicable Canadian securities law. These statements include, but are not limited to, statements or information concerning the Company's proposed activities under the Agreement, the Company's ability to achieve sales, commercial or otherwise, from its products, and the expectations of the Company regarding funding payments due pursuant to the Agreement. These statements reflect management's current assumptions and expectations and by their nature are subject to certain underlying assumptions, known and unknown risks and uncertainties and other factors which may cause actual results, performance or events to be materially different from those expressed or implied by such forward looking statements. Except as required pursuant to applicable securities laws, the Company will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by the Company. Readers are cautioned not to place undue reliance on forward looking statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE GBLT Corp.

GBLT Corp., Dr. Thilo Senst, CEO, Tel.: [phone], Email: [email protected]; Investor Relations: Virtus Advisory Group, Tel: [phone], Email: [email protected]