Investors: Press Release
GeckoSystems Discusses Upcoming In-Home Personal Robot Family Care Trials
CONYERS, Ga., Oct. 1, 2009 -- GeckoSystems Intl. Corp. (PINKSHEETS: GCKO) announced today that they are seeking funding sufficient for GeckoSystems to begin manufacturing of their personal companion robot, the CareBot™, for the world's first in-home evaluation trials. GeckoSystems is a dynamic leader in the emerging Mobile Service Robot (MSR) industry revolutionizing their development and usage with "Mobile Robot Solutions for Safety, Security and Service™."
"Due to our international competition from the Pacific Rim, Europe, and here in the U.S., we are very pleased to make this 'world's first' announcement. Our notable competitors in the Pacific Rim are Honda, Toyota, Fujitsu, NEC, Toshiba, Samsung, Hitachi, Matsushita and Mitsubishi. In Europe: Robosoft, Robowatch, Dyson and Husqvarna are working to achieve their first personal robot trials. In the U.S.: iRobot, Mobile Robots, RoboDynamics, and Evolution Robotics are also still seeking to develop viable, cost effective mobile robot platforms requiring no human intervention.
"Additionally, academia is very involved in personal robot development. Prestigious U.S. universities such as MIT, Georgia Tech, Stanford University, UCLA, Carnegie Mellon University, University of Michigan, Virginia Tech, etc. are but a few of the domestic engineering schools engaged in personal companion robot research and development activities. None of them have sufficiently complete mobile robot solutions for in-home evaluation trials," stated Martin Spencer, President/CEO, GeckoSystems.
Why are so many continuing their R&D after years of work and tens of millions of dollars invested? When it comes to developing devices to help doctors monitor patients� health remotely, we�re talking multibillion dollar potential. This professional telehealth market is predicted to grow from $3 billion in 2009 to $7.7 billion by 2012. And with the 65-and-older demographic estimated to be more than 71 million people by 2030, telehealth, especially cost effectiveness in the home, promises to be huge.
"For over twelve years, we have worked to invent and assemble all the required hardware and software technologies (determined by our market research) needed for a truly cost effective and utilitarian home medical monitoring system, a personal companion robot, the CareBot. We are very pleased to be initiating the transition from a Development Stage company to an Emerging Growth company," said Spencer.
Like an automobile, mobile robots are made from steel, aluminum, plastic, and electronics, but with ten to twenty times the amount of software running. The CareBot has an aluminum frame, plastic shroud, two independently driven wheels, multiple sensor systems, microprocessors and several onboard computers connected in a local area network (LAN). The microprocessors directly interact with the sensor systems and transmit data to the onboard computers. The onboard computers each run independent, cooperative/subsumptive artificial intelligence (AI) savants. (GeckoSystems' savants are highly specialized AI software.) These savants interact to complete tasks in a timely, intelligent and common sense manner. The primary savants are GeckoNav, GeckoChat and GeckoTrak. GeckoNav is responsible for maneuvering, avoiding dynamic and/or static obstacles, locating waypoints and patrolling. GeckoChat is responsible for interaction with the care-receiver such as answering questions, assisting with daily routines and reminders, and responding to other verbal commands. GeckoTrak, which is mostly transparent to the user, enables the CareBot to maintain proximity to the care-receiver using sensor fusion. The CareBot is an internet appliance that is accessible for remote video/audio monitoring and telepresence.
"In the near future, as we progress in the needed funding to begin manufacturing our first of several products, the CareBot, we will be releasing further details as to these upcoming in-home eldercare monitoring system trials," concluded Spencer.
GeckoSystems' suite of "Mobile Robot Solutions for Safety, Security and Service™" presently includes the following proprietary robotic technologies invented by their employees: GeckoNav, GeckoChat, GeckoTrak, GeckoScheduler™, GeckoSuper™, GeckoZap™, GeckoSPIO™, CompoundedSensorArray™, GeckoOrient™, GeckoProx™, GeckoMotorController™, GeckoTactileShroud™, etc. These mobile robot solutions of GeckoSystems have had press releases distributed over the past year describing their functionality and then current state of development. These press releases are archived and available at the Company's website, www.GeckoSystems.com