GeckoSystems, an AI Mobile Robot Co
CONYERS, GA, United States, via ETELIGIS INC., 06/11/2015 – – GeckoSystems International Corp. (OTC Pink: GOSY) (PINKSHEETS: GOSY) is pleased to inform its stockholders that the Company has satisfied all reporting and disclosure requirements of the OTC Markets, FINRA and the SEC to be deemed "Current Information." For over seventeen years GeckoSystems has dedicated itself to development of "AI Mobile Robot Solutions for Safety, Security and Service ™."
"Assisting us in returning to the Current Information reporting status were our transfer agent, Continental Stock Transfer & Trust, and our SEC attorney, Jonathan Leinwand. While it has taken longer than originally expected, all the unforeseen delays were due to circumstances external to the Company. Nonetheless, we have been motivated to address all those matters forthwith due to ongoing negotiations in Japan with a nationally known and respected AI personal robot software development company to maximize the benefit of those negotiations to our shareholders," commented Martin Spencer, CEO, GeckoSystems.
The company’s SafePath™ enabled BaseBot™ in Japan, “Lou,” continues to be actively demonstrated to interested robot companies. A significant demonstration, training session, and hand off meeting is scheduled next week due to our relationship with iXs Research Corp. (http://tinyurl.com/p3khd2e) that also recently prepared this demonstration video for us in Japan: http://t.co/NqqM22TbKN.
This Japanese personal robot software company readily agreed to GeckoSystems’ NDA “safety clause,” which is required prior to any disclosure of their proprietary AI technologies.
"Presently we are negotiating licensing revenues from the usage of our proprietary GeckoNav™ AI mobile robot navigation software for enhanced safety on tens of thousands of personal mobile robots for eldercare to be sold in Japan by a major international corporation. This is but one of the substantive discussions we have ongoing, which include continued communications with Nissan.
"In summary, GeckoSystems is better-positioned and gaining new traction in domestic and international markets as an advanced AI mobile robot solution provider as evidenced by our recent attainment of Current Information such that our investors may best benefit from our ongoing discussion with a premier Japanese robot software provider. I remain completely confident of our continued growth prospects and sufficient ROI to justly reward our 1300+ loyal stockholders," concluded Spencer.
About OTC Markets Group:
OTC Markets Group provides the electronic trading platform for U.S. broker-dealers to execute on investor demand by making markets and providing best execution in OTC traded securities. Over 170 active OTC market makers and agency traders utilize our efficient, state-of-the-art, low-cost quotation and trade messaging services to trade over $160 billion in OTCQX, OTCBB, and OTC Pink securities annually. The OTC Pink® marketplace offers trading in a wide spectrum of equity securities through any stockbroker. Companies that follow the International Reporting Standard or the Alternative Reporting Standard by making filings publicly available through the OTC Disclosure & News Service pursuant to OTC Pink Basic Disclosure Guidelines are designated as OTC Pink Current Information. http://www.otcmarkets.com/timeline.
GeckoSystems has been developing innovative robotic technologies for seventeen years. It is CEO Martin Spencer’s dream to make people’s lives better through mobile service robot technology.
An overview of GeckoSystems’ progress containing over 700 pictures and 120 videos can be found at http://www.geckosystems.com/timeline/.
These videos illustrate the development of the technology that makes GeckoSystems a world leader in Service Robotics development. Early CareBot prototypes were slower and frequently pivoted in order to avoid a static or dynamic obstacle; later prototypes avoided obstacles without pivoting. Current CareBots avoid obstacles with a graceful “bicycle smooth” motion. The latest videos also depict the CareBot’s ability to automatically go faster or slower depending on the amount of clutter (number of obstacles) within its field of view. This is especially important when avoiding moving obstacles in “loose crowd “situations like a mall or an exhibit area.
In addition to the timeline videos, GeckoSystems has numerous YouTube videos. The most popular of which are the ones showing room-to-room automatic self-navigation of the CareBot through narrow doorways and a hallway of an old 1954 home. You will see the CareBot slow down when going through the doorways because of their narrow width and then speed up as it goes across the relatively open kitchen area. There are also videos of the SafePath™ wheelchair, which is a migration of the CareBot AI centric navigation system to a standard power wheelchair, and recently developed cost effective depth cameras were used in this recent configuration. SafePath™ navigation is now available to OEM licensees and these videos show the versatility of GeckoSystems’ fully autonomous navigation solution.
GeckoSystems, Star Wars Technology:
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.
GeckoSystems is preparing for Beta testing of the CareBot prior to full-scale production and marketing. CareBot has recently incorporated Microsoft Kinect depth cameras that result in a significant cost reduction.
Kinect Enabled Personal Robot video:
Above, the CareBot demonstrates static and dynamic obstacle avoidance as it backs in and out of a narrow and cluttered alley. There is no joystick control or programmed path; movements are smoother that those achieved using a joystick control. GeckoNav creates three low levels of obstacle avoidance: reactive, proactive, and contemplative. Subsumptive AI behavior within GeckoNav enables the CareBot to reach its target destination after engaging in obstacle avoidance.
More information on the CareBot personal assistance robot:
GeckoSystems stock is quoted in the U.S. over-the-counter (OTC) markets under the ticker symbol GOSY. http://www.otcmarkets.com/stock/GOSY/quote.
Here is a stock message board devoted to GOSY recommended by us:
GeckoSystems uses http://www.LinkedIn.com as its primary social media site for investor updates. Here is Spencer’s LinkedIn.com profile:
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.
UAV’s, AGV’s, driverless cars, self driving cars, personal assistance robots, autonomous robots, fully autonomous robots, assistive robots, social robots, co-robots, mobile service robots
GeckoSystems Intl. Corp.
Main number: +1 678-413-9236
Fax: +1 678-413-9247
SOURCE: GeckoSystems Intl. Corp.