Investors: Press Release
GeckoSystems' Sensor Fusion Breakthrough Lowers Personal Robot Costs
CONYERS, GA--(Marketwire - January 11, 2011) - GeckoSystems Intl. Corp. (PINKSHEETS: GOSY) announced today that they have improved the safety and performance of their proprietary mobile robot navigation software, GeckoNav™ with the creation of their latest invention, GeckoImager™. GeckoSystems is a dynamic leader in the emerging mobile robotics industry revolutionizing their development and usage with "Mobile Robot Solutions for Safety, Security and Service™."
"Our new GeckoImager is our fifth generation CompoundedSensorArray™. GeckoImager runs 5 to 10 times faster than its predecessor while achieving a system cost reduction of nearly 50%. Not only did we eliminate all moving parts, we reduced total power consumption while increasing performance. GeckoImager uses proprietary sensor fusion incorporating structured light machine vision, ultrasonic range finding, etc. Our new image interpolation paradigm builds on our history of cost reducing, performance enhancing sensor fusion competencies. Truly, 2011 may well be the 'Year of the Personal Robot,' as stated by others recently," observed Martin Spencer, President/CEO, GeckoSystems.
"The amount of data that the new GeckoImager provides is far greater than what can reasonably be collected with fixed sensors and at a much lower cost than scanning laser range finding systems that are frequently used. Our new GeckoImager sensor fusion system not only provides timely and actionable situation awareness information sufficient for our AI navigation software, GeckoNav, but also satisfies those requirements at a much lower cost, in both dollars and power," stated Kevin O'Connor, Sr. EE Roboticist, Research and Development, GeckoSystems.
Traditional video centric machine vision systems are very expensive in dollars, power consumed, and time required to provide new data (i.e. the update rate). Taking a clue from compound insect eyes in nature, GeckoSystems invented the CompoundedSensorArray over ten years ago. The first generation used ultrasonic and infrared range finders intelligently merged using advanced artificial intelligence (AI) techniques. Now with structured light machine vision fused with not only sonar, but also with GeckoOrient™ in a biological hierarchical architecture, significantly greater performance is realized with dramatic cost reductions.
"Our on going world's first in home elder care robot trials have garnered many inquiries for us regarding our business model, technologies available for licensing, and interest in joint domestic and international ventures. This breakthrough may enable some near term business-to-business niche retrofit markets. We continue to expect technology-licensing revenues to precede revenues from product manufacturing and sales and have two or three prospective licensees in active discussions. This augurs well for increased ROI and shareholder value for our nearly 1400 investors," summarized Spencer.