Investors: Press Release
GeckoSystems Ready for Explosive $15B Growth in Personal Robots
CONYERS, GA, March. 18, 2009 (GLOBAL NEWS WIRE) -- GeckoSystems Intl. Corp. (PINKSHEETS: GCKO) announced today that their multi-tasking personal robot product, the CareBot™ MSR, satisfies the requirements indicated by ABI Research to penetrate this burgeoning marketplace.
The report from ABI Research is predicting that by the year 2015, people will probably be willing to spend as much for a multi-tasking humanoid robot as they would for a new car. "Within six years, the personal robot market will likely balloon to $15 billion," said Philip Solis, an analyst at the New York-based research firm.
GeckoSystems' suite of mobile robot solutions with their "mobile robot solutions for safety, security, and service™" includes not only automatic self navigation software (GeckoNav™), but also verbal interaction for voice control and responses (GeckoChat(tm)), and automatic person following (GeckoTrak™) from their multi-tasking humanoid personal robot, the CareBot.
"Consumers will become eager to spend extra money on multitask robots that can perform effectively," continued Solis. "There is money to be made in personal robots, specifically within the task and entertainment segments."
"We are very pleased to learn that a prestigious, international market research firm has independently determined that this emerging marketplace's expectations as to price and functionality are exceeded by our CareBot product line of personal robots, " commented R. Martin Spencer, President/CEO of GeckoSystems. "Due to some of the enabling technologies for this marketplace being proprietary R&D of GeckoSystems, we anticipate as much as ten to fifteen percent penetration in the next five to seven years. Our CareBots multi-task constantly to perform their assigned activities in order to have actionable situational awareness and the 'common sense' to respond appropriately."
GeckoSystems' mobile robot solutions are appropriate for the consumer, professional healthcare, commercial security/public safety, and defense markets. GeckoSystems is presently working on their fourth generation CareBot MSR since 1998.