Investors: Press Release
GeckoSystems and Sprint Partner To Expand Elder Care Robot Trials
CONYERS, Ga., July 22, 2010 -- GeckoSystems Intl. Corp. (PINKSHEETS: GCKO) -- announced today that Sprint Nextel Corporation, a major US telecommunications company, has extended contractual terms and conditions accepted by GeckoSystems such that the expansion of their world's first elder care robot trials can be achieved in a more timely fashion.
GeckoSystems is a dynamic leader in the emerging Mobile Service Robot (MSR) industry revolutionizing their development and usage with their "Mobile Robot Solutions for Safety, Security, and Service™".
"A month ago we distributed a press release announcing our discussions with this Fortune 500 corporation. Now we are very pleased to make known our first contractual agreement with them. In it, amongst other important benefits, they extend special pricing for our elder care robot trial participants," remarked Martin Spencer, President/CEO, GeckoSystems Intl. Corp.
"Our Emerging Solutions team has reviewed your site and is very impressed with your concept and solution. In addition to being a very cool product, it truly serves a need for all families going though the aging process. Congratulations on your accomplishments so far. The market is ready for rapidly embracing and adopting this type of 'human service' solution," remarked Russell Mossburg, Director, Solutions Engineering, Emerging Solutions Group, Sprint Nextel Corp.
Since late last year GeckoSystems has been involved in the world's first in home elder care robot trials to learn more about the realities of providing families with more cost effective solutions to enable them to take better care of their elderly parents with less worry, time and money.
Here's what one of the GeckoSystems elder care robot trial participants has said: "Initially I was concerned that my elderly mother would be a little frightened by the CareBot™ and not want it in her room, but that is not the case. She likes it and seems pleased to have this 'companion' in close proximity. When it speaks to her she answers back and is delighted at having a conversation with the robot! And she takes in what the CareBot says to her as being authoritative. When I tell her it is time for her shower she does not want to do it and tries to procrastinate. When the CareBot tells her it is time for her shower, she gets ready. I never thought a robot would have more influence over my mother than I do!"
"We are learning that valued family behaviors can be readily expressed to the care receiver using a CareBot due to the robustness of its functionality. We continue to look forward to further exploration and understanding of the social interaction between the family, the CareBot, and the care receiver in the coming weeks and months of these in home assistive care robot trials. With our trials progressing nicely, we have already learned a great deal as to the reality of beneficial social interaction between human and robot in domestic settings as depicted in the testimonial above. There seems to be a very important positive --and unforeseen by some parties-- beneficial impact of valued family behaviors for all the family in using a CareBot to also communicate their thoughts and feelings to their beloved family members," commented Spencer.
The elderly frequently endure loneliness and/or loss of independence when living in nursing homes or other assisted living facilities. This new type of remote medical monitoring system, a CareBot, will postpone, if not eliminate that trauma to them. Their families can now better manage the difficult decisions regarding the independence they allow their now dependent parent while holding the risk for the adult caregiver at an acceptable, tolerable level.
"At this time we are negotiating additional key agreements that will enable more insightful discussions with Sprint, et al. We work very hard to continue to secure those strategic relationships that will enable us to effectively address our forecasted pent up demand for cost effective, utilitarian elder care capable personal assistant robots. Our elder care robot trials continue to reveal to us unexpected benefits for the family and heightened confidence that our 1300+ stockholders will enjoy the ROI they deserve," concluded Spencer.
About Sprint Nextel Corp.:
Sprint Nextel is working with many trusted partners on security, healthcare and monitoring all within the context of machine-to-machine (M2M) communications. M2M is about connecting people, devices and systems in new and transforming ways. With M2M, intelligent devices 'talk' to each other over primarily wireless connections and share data without direct human intervention. In this way, devices as diverse as utility meters, signboards, cameras, remote sensors, laptops, appliances and other consumer device, such as personal assistant robots, can be connected to support a variety of new uses and achieve increased efficiencies.
Sprint Nextel offers a comprehensive range of wireless and wireline communications services bringing the freedom of mobility to consumers, businesses and government users. Sprint Nextel served more than 48 million customers at the end of the first quarter of 2010 and is widely recognized for developing, engineering and deploying innovative technologies, and was the first wireless 4G service from a national carrier in the United States; offering industry-leading mobile data services, leading prepaid brands including Virgin Mobile USA, Boost Mobile, Common Cents Mobile and Assurance Wireless and instant national and international push-to-talk capabilities; and a global Tier 1 Internet backbone. With its customer-focused strategy, you can learn more and visit Sprint at www.sprint.com or www.facebook.com/sprint and www.twitter.com/sprint.