GSAC Engineering Acquires Key Intellectual Property and Assets from Duos Technologies Group

GelStat Corporation (“GelStat” or the “Company”) (OTC:GSAC), a development stage company currently focused on the research, development, and marketing of engineered solutions for the industrial security and clean energy industries, today announced that its recently formed subsidiary, GSAC Engineering (“GSACe”), has concluded the purchase of certain key intellectual property assets from Duos Technologies Group, Inc. (NASDAQ:DUOT) (“Duos”).