Investors: Press Release
GeckoSystems International Partnership with ZMP of Japan Expected to Result in Significant Hardware and Software Upgrades in Robotic Technology
CONYERS, Ga., Dec. 13, 2011 -- GeckoSystems Intl. Corp. (Pink Sheets: GOSY | http://www.geckosystems.com/) -- announced today details regarding the Company’s partnership with ZMP Inc. of Japan. Names of other ZMP partners that are more familiar to US investors include NEC Electronics, Hewlett-Packard, Renesas Electronics, JVC, Kenwood, and Microsoft.
GeckoSystems is proud to announce their collaboration with ZMP and has prepared an overview of the company for the U.S. investment community on their website. This page of introduction has been reviewed and authorized by ZMP management in Japan. About ZMP
ZMP has an outstanding record of innovation and co-operation within the robotics community. ZMP was born out of the Kitano Symbiotic Systems Project, which was sponsored by the Japanese government to push technology forward. ZMP collaborates regularly with Japanese Universities and Technological Institutions and provides robotic teaching tools
In 2008 ZMP began a collaborative effort with three other Japanese companies, Business Design Laboratory (BDL) Nagoya, Vstone Co. of Osaka and Tmsuk of Fukuoka. The purpose of this group effort was to improve the competitive position of Japanese robotics in the face of the Korean government's strong government support of the robotics industry. These four Japanese companies joined together for cooperative research, development and marketing of next generation robotic applications for home and consumer use.
"I am pleased that ZMP has found our mobile robot solutions to be of sufficient interest and merit for them to thoroughly evaluate our GeckoNav, GeckoSuper, GeckoImager, and GeckoMotorController robotic technologies. Subsequent to their engineers' careful review and study of our BaseBot technologies, their expectations regarding our software will be satisfied. At that point I am sure they will contribute many valuable ways to improve the quality and flexibility of the hardware, which in turn will enable expansion of software applications. This is the beauty of truly synergistic partnerships. Together ZMP and GeckoSystems will achieve more than either company could alone,” said Martin Spencer, President/CEO GeckoSystems Intl. Corp.
GeckoSystems has been developing innovative robotic technology for over fourteen years. It is CEO Martin Spencer's dream to make people's lives better through robotic technology.
Although the company’s primary focus has been an elder care robot, the CareBot™ AI (artificial intelligence) software technology developed for this project is being marketed internationally. The company believes many devices in use today can be improved through the use of its AI navigation software system. The company expects their “collision proof” wheelchair and an upgrade for existing wheelchairs will be on the market sometime in 2012.
The company has successfully completed an Alpha trial of its CareBot personal assistance robot for the elderly. It was tested in a home care setting and received enthusiastic support from both caregivers and care receivers. The company believes that the CareBot will increase the safety and well being of its elderly charges while decreasing stress on the caregiver and the family.
Gecko Systems is preparing for Beta testing of the CareBot prior to full-scale production and marketing. CareBot has recently incorporated Microsoft Kinect motion sensors that will result in a significant cost reduction.
Above, the CareBot demonstrates static and dynamic obstacle avoidance as it backs in and out of a narrow and cluttered alley. Unlike most of the developmental stage robots backed my major corporatons, there is no joystick control or programmed path. GeckoNav(tm) uses Artificial Intelligence (AI) to create three low levels of obstacle avoidance: reactive, proactive, and contemplative. Subsumptive AI behavior enables the CareBot to reach its target destination after engaging in obstacle avoidance. GeckoSystems plans to provide robotic products for many consumer and commercial applications including security, defense and healthcare.
GeckoSystems stock is quoted in the U.S. over-the-counter (OTC) markets, on the Pink OTC Current Information tier, under the ticker symbol GOSY.
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.