Welcome!

Microsoft Cloud Authors: Janakiram MSV, Yeshim Deniz, David H Deans, Andreas Grabner, Stackify Blog

News Feed Item

GeckoSystems, a Mobile Robot Company, Updates 1300+ Shareholders

CONYERS, Ga., Feb. 15, 2013 /PRNewswire/ -- GeckoSystems Intl. Corp. (Pink Sheets: GOSY | http://www.geckosystems.com/) would like to update our investor community as to the activities we have been engaged in during the past year and anticipate this year. For over fifteen years GeckoSystems has dedicated itself to development of "Mobile Robot Solutions for Safety, Security and Service(tm)."

Marketing – a priority in 2012 and 2013

Last year, 2012, was a very busy year for GeckoSystems and we are excited about this new year! The improved confidence in the US economy along with our ability to successfully demonstrate our proprietary software on the CareBot™ and the SafePath™ wheelchair has increased the level of inquiries and joint venture discussions.

We are most excited about our continued activities in Japan.  We have opened a small marketing office in that country with a representative working on joint ventures for GeckoSystems. He has arranged for a demonstration of our BaseBot™, "Lou," at ZMP for a Japanese manufacturing company. This demonstration is scheduled to take place next week.

Additionally, we have retained Mountain Marketing, Inc. in Denver, CO to assist in our U.S. marketing efforts. They update our website routinely and are working on a new site with better navigation and access to our technical discussions. We hope to engage the disabled community and provide additional dealer and manufacturer information on the site.  GeckoSystems welcomes OEM inquires about migrating SafePath navigation to existing vehicles and mobile products.

Mountain Marketing is also doing business-to-business marketing of SafePath Enabled power wheelchair technology.  GeckoSystems believes that SafePath technology will expand the market for power wheelchairs 50% to 200% and is in discussions with domestic wheelchair manufacturers as the result of Mountain Marketing's efforts.

"I'm passionate about getting SafePath Enabled power wheelchairs on the market.  Every day lost is a day of enhanced safety and mobility denied to tens of thousands of disabled in the U.S. alone," commented Paula Nelson, President, Mountain Marketing, Inc.

A discussion of the need for SafePath Enabled power wheelchairs and illustrations of what the final product will look like can be found in this report:

http://www.geckosystems.com/downloads/SafePath_Need_and_Benefits.pdf

Demonstration videos of the first migration of SafePath navigation to a power wheelchair can be viewed here:

http://www.geckosystems.com/markets/wheelchair.php

Technology Developments in 2012

Technology development progressed nicely this past year.  GeckoConfigEd and GeckoVerify were developed as a result of what was learned in migrating GeckoNav, GeckoSuper, GeckoImager, and GeckoMotorController to a locomotion system (a power wheelchair) not of the Company's design. GeckoVerify was developed to ease and facilitate the debugging of communications between multiple proprietary GeckoSystems AI software savants. GeckoConfigEd is a user-friendly program that is used to readily configure the nearly one hundred tuning parameters used by GeckoNav, the basic component of SafePath. 

GeckoSystems' Current Share Structure

The company regrets that our OTC classification has been downgraded to "Stop" sign. While this gives the indication we are not active in our business activities to support all shareholders that is far from the reality. Since our focus has been on securing joint ventures and marketing, we simply have not had the time or financial means to update our Company filings and information on OTC.

However, we want to inform all shareholders of our current share structure since it was last reported June 30, 2012.

As of February 15, 2013:

http://www.geckosystems.com/investors/Investor_Information_Feb_15.php

Litigation

In November we secured a Temporary Protective Order in Georgia against Neil Wallace. To date we have not been able to convert that TPO to a Permanent Protection Order, due to inter state personal jurisdiction requirements, not the validity of the need for the PPO. We continue to work on that matter and will keep the shareholders updated.  In addition, we are still engaged in litigation with Mr. Wallace and his parents in Delaware. GeckoSystems has a very competent DE attorney who is working diligently regarding these legal issues.

"To all our stakeholders, I am personally very appreciative of your long time support. We have worked over 15 years in developing our "mobile robot solutions for safety, security, and service" and we continue to believe that our "family first" orientation has enabled us to survive the economic storms of the last few years. We resolutely continue our journey due to our desire to enable families to have a safer, less time stressed, and more cost effective means of caring for their loved ones. Our suite of AI robot technologies is very real, cost effective, and can be used to SafePath Enable mobile platforms not of our design or manufacture. We have several ongoing joint venture discussions consisting of one in Europe, four in the US, and two in Japan. Of course these discussions are sensitive and all parties are under non-disclosure agreements. Our prospects for near term revenues have never been brighter than what they are at present.  So while I sincerely regret that we are not Current Information in our filings, we believe our limited resources are better focused on achieving revenues such that our 1300+ stockholder may enjoy the ROI they deserve," stated Martin Spencer, President, GeckoSystems Intl. Corp.

About GeckoSystems:

GeckoSystems has been developing innovative robotic technologies for fifteen years.  It is CEO Martin Spencer's dream to make people's lives better through robotic technology.

In a recent Research and Markets report:

"The global service robotics market in 2011 was worth $18.39 billion. This market is valued at $20.73 billion in 2012 and expected to reach $46.18 billion by 2017 at an estimated CAGR of 17.4% from 2012 to 2017. The market is driven by factors like ageing population, value enhancement by robots, increasing grants and funds by governments, increasing venture capital investments in service robotics companies, enhancements in complementary technologies and integration of robotics with mobile technologies, other smart products, and appliances."  http://www.researchandmarkets.com/publication/9rvoof/personal_professional_service_robotics_mark

GeckoSystems projects the available market size in dollars for cost effective, utilitarian, multitasking eldercare personal robots in 2013 to be $74.0B, in 2014 to be $77B, in 2015 to be $80B, in 2016 to be $83.3B, and in 2017 to be $86.6B.  With market penetrations of 0.03% in 2013, 0.06% in 2014, 0.22% in 2015, 0.53% in 2016, and 0.81% in 2017, we anticipate CareBot sales, from this consumer market segment, only, of $22.0M, $44.0M, $176M, $440.2M, and $704.3M, respectively. The company is presently securing funding for manufacturing, marketing and final beta testing of their CareBot.

An overview of GeckoSystems' progress and accomplishments 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(tm) 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(tm) navigation is now available to OEM licensees and these videos show the versatility of GeckoSystems' fully autonomous navigation solution. 

GeckoSystems, Star Wars(tm) Technology
http://www.youtube.com/watch?v=VYwQBUXXc3g

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 will result in a significant cost reduction.

Kinect Enabled Personal Robot video:
http://www.youtube.com/watch?v=kn93BS44Das

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:
http://www.geckosystems.com/markets/CareBot.php

GeckoSystems stock is quoted in the U.S. over-the-counter (OTC) markets under the ticker symbol GOSY.  GeckoSystems is "Current Information." http://www.otcmarkets.com/stock/GOSY/quote

Here is a "basher free" message board devoted to GOSY:
http://investorshangout.com/board/62282/Geckosystems+Intl+Co-GOSY

Here is Spencer's LinkedIn profile:
http://www.linkedin.com/pub/martin-spencer/11/b2a/580

Telephone:
Main number: 1-866-CAREBOT (227-3268)
International: +1 678-413-9236
Fax: +1 678-413-9247
Website:  http://www.geckosystems.com/
Source: GeckoSystems Intl. Corp.

Safe Harbor:

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.

SOURCE GeckoSystems Intl. Corp.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
Join IBM November 1 at 21st Cloud Expo at the Santa Clara Convention Center in Santa Clara, CA, and learn how IBM Watson can bring cognitive services and AI to intelligent, unmanned systems. Cognitive analysis impacts today’s systems with unparalleled ability that were previously available only to manned, back-end operations. Thanks to cloud processing, IBM Watson can bring cognitive services and AI to intelligent, unmanned systems. Imagine a robot vacuum that becomes your personal assistant tha...
Coca-Cola’s Google powered digital signage system lays the groundwork for a more valuable connection between Coke and its customers. Digital signs pair software with high-resolution displays so that a message can be changed instantly based on what the operator wants to communicate or sell. In their Day 3 Keynote at 21st Cloud Expo, Greg Chambers, Global Group Director, Digital Innovation, Coca-Cola, and Vidya Nagarajan, a Senior Product Manager at Google, will discuss how from store operations...
Recently, REAN Cloud built a digital concierge for a North Carolina hospital that had observed that most patient call button questions were repetitive. In addition, the paper-based process used to measure patient health metrics was laborious, not in real-time and sometimes error-prone. In their session at 21st Cloud Expo, Sean Finnerty, Executive Director, Practice Lead, Health Care & Life Science at REAN Cloud, and Dr. S.P.T. Krishnan, Principal Architect at REAN Cloud, will discuss how they bu...
Nordstrom is transforming the way that they do business and the cloud is the key to enabling speed and hyper personalized customer experiences. In his session at 21st Cloud Expo, Ken Schow, VP of Engineering at Nordstrom, will discuss some of the key learnings and common pitfalls of large enterprises moving to the cloud. This includes strategies around choosing a cloud provider(s), architecture, and lessons learned. In addition, he’ll go over some of the best practices for structured team migrat...
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend 21st Cloud Expo October 31 - November 2, 2017, at the Santa Clara Convention Center, CA, and June 12-14, 2018, at the Javits Center in New York City, NY, and learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
SYS-CON Events announced today that Datera will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Datera offers a radically new approach to data management, where innovative software makes data infrastructure invisible, elastic and able to perform at the highest level. It eliminates hardware lock-in and gives IT organizations the choice to source x86 server nodes, with business model option...
Infoblox delivers Actionable Network Intelligence to enterprise, government, and service provider customers around the world. They are the industry leader in DNS, DHCP, and IP address management, the category known as DDI. We empower thousands of organizations to control and secure their networks from the core-enabling them to increase efficiency and visibility, improve customer service, and meet compliance requirements.
Digital transformation is changing the face of business. The IDC predicts that enterprises will commit to a massive new scale of digital transformation, to stake out leadership positions in the "digital transformation economy." Accordingly, attendees at the upcoming Cloud Expo | @ThingsExpo at the Santa Clara Convention Center in Santa Clara, CA, Oct 31-Nov 2, will find fresh new content in a new track called Enterprise Cloud & Digital Transformation.
SYS-CON Events announced today that NetApp has been named “Bronze Sponsor” of SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. NetApp is the data authority for hybrid cloud. NetApp provides a full range of hybrid cloud data services that simplify management of applications and data across cloud and on-premises environments to accelerate digital transformation. Together with their partners, NetApp emp...
SYS-CON Events announced today that N3N will exhibit at SYS-CON's @ThingsExpo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. N3N’s solutions increase the effectiveness of operations and control centers, increase the value of IoT investments, and facilitate real-time operational decision making. N3N enables operations teams with a four dimensional digital “big board” that consolidates real-time live video feeds alongside IoT sensor data a...
Smart cities have the potential to change our lives at so many levels for citizens: less pollution, reduced parking obstacles, better health, education and more energy savings. Real-time data streaming and the Internet of Things (IoT) possess the power to turn this vision into a reality. However, most organizations today are building their data infrastructure to focus solely on addressing immediate business needs vs. a platform capable of quickly adapting emerging technologies to address future ...
SYS-CON Events announced today that Avere Systems, a leading provider of hybrid cloud enablement solutions, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Avere Systems was created by file systems experts determined to reinvent storage by changing the way enterprises thought about and bought storage resources. With decades of experience behind the company’s founders, Avere got its ...
SYS-CON Events announced today that Avere Systems, a leading provider of enterprise storage for the hybrid cloud, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Avere delivers a more modern architectural approach to storage that doesn't require the overprovisioning of storage capacity to achieve performance, overspending on expensive storage media for inactive data or the overbui...
SYS-CON Events announced today that IBM has been named “Diamond Sponsor” of SYS-CON's 21st Cloud Expo, which will take place on October 31 through November 2nd 2017 at the Santa Clara Convention Center in Santa Clara, California.
SYS-CON Events announced today that Ryobi Systems will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Ryobi Systems Co., Ltd., as an information service company, specialized in business support for local governments and medical industry. We are challenging to achive the precision farming with AI. For more information, visit http:...
High-velocity engineering teams are applying not only continuous delivery processes, but also lessons in experimentation from established leaders like Amazon, Netflix, and Facebook. These companies have made experimentation a foundation for their release processes, allowing them to try out major feature releases and redesigns within smaller groups before making them broadly available. In his session at 21st Cloud Expo, Brian Lucas, Senior Staff Engineer at Optimizely, will discuss how by using...
In this strange new world where more and more power is drawn from business technology, companies are effectively straddling two paths on the road to innovation and transformation into digital enterprises. The first path is the heritage trail – with “legacy” technology forming the background. Here, extant technologies are transformed by core IT teams to provide more API-driven approaches. Legacy systems can restrict companies that are transitioning into digital enterprises. To truly become a lead...
SYS-CON Events announced today that CAST Software will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CAST was founded more than 25 years ago to make the invisible visible. Built around the idea that even the best analytics on the market still leave blind spots for technical teams looking to deliver better software and prevent outages, CAST provides the software intelligence that matter ...
SYS-CON Events announced today that Daiya Industry will exhibit at the Japanese Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Ruby Development Inc. builds new services in short period of time and provides a continuous support of those services based on Ruby on Rails. For more information, please visit https://github.com/RubyDevInc.
As businesses evolve, they need technology that is simple to help them succeed today and flexible enough to help them build for tomorrow. Chrome is fit for the workplace of the future — providing a secure, consistent user experience across a range of devices that can be used anywhere. In her session at 21st Cloud Expo, Vidya Nagarajan, a Senior Product Manager at Google, will take a look at various options as to how ChromeOS can be leveraged to interact with people on the devices, and formats th...