Investors: Press Release
Mobile Robot Companies GeckoSystems-US
and ZMP-Japan Sign MOU
Technology exchange and joint marketing in autonomous mobile service robots and
next generation mobility announced in joint press release
CONYERS, Ga., Nov. 23, 2011 -- GeckoSystems Intl. Corp. (Pink Sheets: GOSY | http://www.geckosystems.com/) announced today that their Pacific Rim business development representative, Mr. Hajime Yasumatsu, Chairman, Yasu, Inc. had secured a Memorandum of Understanding (MOU) between GeckoSystems and a premier Japanese mobile robot solutions company, ZMP, Inc., Bunkyo-ku, Tokyo, Japan.
This MOU is an extremely important and epoch making Memorandum which covers and declares both companies' mutual technological and marketing collaboration of all the kind of robotics technologies and products in the territory of USA and in Japan, and possibly in other countries all over the world.
Advanced Mobile Service Robot Companies GeckoSystems Intl. Corp., a U.S. company and ZMP Inc. of Japan signed important Memorandum of Understanding (MOU) enabling immediate collaboration projects of both companies. Projects contemplated at this time are a Mobile Service Robot, Collision Free Wheelchair, and Collision Free Car. The common goal of the companies and these technologies is to assist people in living a safe and comfortable life, focusing on the elderly and disabled.
"We will work with the other in good faith in order to produce Definitive Agreements and closing of the transaction in a speedy and timely manner," summarized Mr. Hisashi Taniguchi, CEO/President, ZMP Inc. He further added that ZMP had been doing management service of autonomous mobile control technologies in collaboration with Hirayama & Company Patent, Design & Trademark Attorneys. Hirayama Attorney Office shall be involved in this project with GSIC also and shall undertake supervision of each Company's contribution to each project together with administration services of the IP.
"We are pleased to announce that subject to the satisfactory results of ZMP's evaluation of our MSR technologies and the conditions, agreements and undertakings referenced in this MOU, that ZMP will secure a licensing agreement for our mobile robot solutions," summarized Martin Spencer, CEO/President, GeckoSystems Intl. Corp.
About ZMP INC:
ZMP INC. is an established company, which has sold over 3,500 units. They are working on the following five projects:
1. Platform for the development of next-generation vehicles
2. Robotic motion control technology license
3. Sensors and image recognition solutions
4. Lithium-ion battery systems for robots.
5. Research and educational materials for universities and companies
ZMP will continue to transition its innovative robotic technology
solutions to marketable products and services.
ZMP INC. Website
About GeckoSystems International Corporation:
GeckoSystems' vision is to create practical, mobile robot solutions for personal, business, and government use. They are committed to deliver service robots of high quality that are safe, cost effective, and gratifying for all stakeholders. GeckoSystems is a publicly traded company as GOSY.pk in the USA.
For over fourteen years it has been CEO Martin Spencer's dream to make people's lives better through robotic technology.
Several dozen patent opportunities exist for the Company due to the many innovative and cost effective breakthroughs embodied not only in GeckoNav, GeckoChat, and GeckoTrak, but also in additional, secondary systems that include: GeckoOrient® , GeckoMotorController® , the GeckoTactileShroud® , the GeckoImager® , and the GeckoSPIO
Main number: 1-866-CAREBOT (227-3268)
International: +1 678-413-9236
Fax: +1 678-413-9247
Source: GeckoSystems Intl. Corp.
Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the Safe Harbors created thereby. The Company is a development stage firm that continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.
and GeckoSystems International Corp. of the US. www.geckosystems.com
A copy of the Japanese release can be found at http://www.zmp.co.jp/en/
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