Investors: Press Release
GeckoSystems Eyeing "Collision Proof" Wheelchair Market With Mobile Robot Solutions
CONYERS, GA--(Marketwire - January 14, 2011) - GeckoSystems Intl. Corp. (PINKSHEETS: GOSY) announced today that their recent invention of the GeckoImager™, in concert with their proprietary "Mobile Robot Solutions for Safety, Security and Service™," enables cost effective retrofitting of electric wheelchairs to be "collision proof." GeckoSystems is a dynamic leader in the emerging mobile robotics industry revolutionizing their development and usage.
"The 'collision proof' retrofit kit we are presently developing may be added to most joystick operated electric wheelchairs. The wheelchair occupant would simply move the joystick in the direction they wish to go and GeckoNav -- in concert with multiple GeckoSavants™ -- would automatically seek that desired direction while avoiding any and all obstacles whether stationary or moving. We expect the cost to the end user, completely installed, to be only a few thousand dollars for this heightened level of safety for not only the occupant of the wheelchair, but also those persons around them," stated Martin Spencer, President/CEO, GeckoSystems.
GeckoSystems' recently announced GeckoImager uses sensor fusion incorporating structured light machine vision and sonar range finding to complement GeckoOrient's™ solid-state compass, accelerometer, and odometry sensor fusion. This provides their automatic, self-navigation AI software, GeckoNav™, with sufficient and timely data to achieve actionable situation awareness and a resulting very safe loose crowd level of autonomy to be "collision proof."
"The amount of data that the new GeckoImager provides is far greater then 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.
Presently the company is doing market research for this business-to-business (B2B) market place using the Delphi Method. As previously announced, this sensor fusion breakthrough may enable some near term business-to-business niche retrofit markets, such as the one described here. Potential sales forecasts for this B2B market are being developed as manufacturing costs and market size become more clearly understood.
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 abstracted by the new GeckoImager with not only sonar, but also with GeckoOrient™, in a biological hierarchical architecture, significantly greater performance is realized with dramatic cost reductions. Now additional near term markets are viable due to the improved value proposition to the end user.
"Our ongoing 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. Our GeckoImager breakthrough enables some near term business-to-business niche retrofit markets such as a 'collision proof' electric wheelchair. While we continue to expect technology-licensing revenues to precede revenues from product manufacturing and sales, this new B2B opportunity will be carefully reviewed for near term benefits. This augurs well for increased ROI and shareholder value for our nearly 1400 investors," concluded Spencer.
Interested manufacturers, distributors, and/or dealers inquiries welcome.