Investors: Press Release
Mobile Robot Co. GeckoSystems Intl. Corp. Reveals Netbook Requirement Forecasts
CONYERS, GA, Jul 28, 2009 (MARKETWIRE via COMTEX) -- GeckoSystems Intl. Corp. (PINKSHEETS: GCKO) announced today that they continue to have substantive and confidential discussions with three of the top five personal computer manufacturers regarding usage and high volume purchase of their low cost, low power netbook computers in their "Mobile Robot Solutions for Safety, Security and Service™."
"Because of the very favorable results in our evaluation of Intel's Atom CPU this past year, we expect the cost/benefit ratio of netbooks to further lengthen battery life while lowering overall hardware costs for our first mobile service robot product, a personal companion robot, the CareBot™. We are very pleased that these first tier international manufacturers are excited and interested in this emerging marketplace, which a notable international market research firm has projected robotic component sales of $12B by 2015. These international manufacturers' involvement will no doubt lower our costs, enhance value to the end user, and increase ROI for our investors," stated Martin Spencer, President/CEO, GeckoSystems.
Each CareBot uses three x86 and two 8 bit computer systems such that this personal companion robot can automatically self navigate, verbally interact, follow a designated person, and execute routine, timely tasks such as medication reminders, blood pressure, pulse rate checking, etc.
"We project the available market size in dollars for cost effective, utilitarian, multitasking eldercare personal robots in 2010 to be $74.0B, in 2011 to be $77B, in 2012 to be $80B, in 2013 to be $83.3B, and in 2014 to be $86.6B. With market penetrations of 0.03% in 2010, 0.06% in 2011, 0.22% in 2012, 0.53% in 2013, and 0.81% in 2014, we will anticipate netbook purchases, from this consumer market segment, only, of 15,000, 32,000, 70,000, 150,000, and 300,000 units respectively. We expect these purchases despite -- and perhaps because of -- the present recession due to pent up demand for significant cost reduction in eldercare expenses," concluded Spencer.