Click here to close now.

Welcome!

Microsoft Cloud Authors: Liz McMillan, Elizabeth White, Pat Romanski, Jaynesh Shah, Carmen Gonzalez

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
Connected devices and the Internet of Things are getting significant momentum in 2014. In his session at Internet of @ThingsExpo, Jim Hunter, Chief Scientist & Technology Evangelist at Greenwave Systems, examined three key elements that together will drive mass adoption of the IoT before the end of 2015. The first element is the recent advent of robust open source protocols (like AllJoyn and WebRTC) that facilitate M2M communication. The second is broad availability of flexible, cost-effective storage designed to handle the massive surge in back-end data in a world where timely analytics is e...
Collecting data in the field and configuring multitudes of unique devices is a time-consuming, labor-intensive process that can stretch IT resources. Horan & Bird [H&B], Australia’s fifth-largest Solar Panel Installer, wanted to automate sensor data collection and monitoring from its solar panels and integrate the data with its business and marketing systems. After data was collected and structured, two major areas needed to be addressed: improving developer workflows and extending access to a business application to multiple users (multi-tenancy). Docker, a container technology, was used to ...
SYS-CON Events announced today that BMC will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. BMC delivers software solutions that help IT transform digital enterprises for the ultimate competitive business advantage. BMC has worked with thousands of leading companies to create and deliver powerful IT management services. From mainframe to cloud to mobile, BMC pairs high-speed digital innovation with robust IT industrialization – allowing customers to provide amazing user experiences with optimized IT per...
The true value of the Internet of Things (IoT) lies not just in the data, but through the services that protect the data, perform the analysis and present findings in a usable way. With many IoT elements rooted in traditional IT components, Big Data and IoT isn’t just a play for enterprise. In fact, the IoT presents SMBs with the prospect of launching entirely new activities and exploring innovative areas. CompTIA research identifies several areas where IoT is expected to have the greatest impact.
2015 predictions circa 1970: houses anticipate our needs and adapt, city infrastructure is citizen and situation aware, office buildings identify and preprocess you. Today smart buildings have no such collective conscience, no shared set of fundamental services to identify, predict and synchronize around us. LiveSpace and M2Mi are changing that. LiveSpace Smart Environment devices deliver over the M2Mi IoT Platform real time presence, awareness and intent analytics as a service to local connected devices. In her session at @ThingsExpo, Sarah Cooper, VP Business of Development at M2Mi, will d...
The Industrial Internet revolution is now underway, enabled by connected machines and billions of devices that communicate and collaborate. The massive amounts of Big Data requiring real-time analysis is flooding legacy IT systems and giving way to cloud environments that can handle the unpredictable workloads. Yet many barriers remain until we can fully realize the opportunities and benefits from the convergence of machines and devices with Big Data and the cloud, including interoperability, data security and privacy.
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In this session, James Kirkland, Red Hat's Chief Architect for the Internet of Things and Intelligent Systems, will describe how to revolutionize your architecture and...
We’re entering a new era of computing technology that many are calling the Internet of Things (IoT). Machine to machine, machine to infrastructure, machine to environment, the Internet of Everything, the Internet of Intelligent Things, intelligent systems – call it what you want, but it’s happening, and its potential is huge. IoT is comprised of smart machines interacting and communicating with other machines, objects, environments and infrastructures. As a result, huge volumes of data are being generated, and that data is being processed into useful actions that can “command and control” thi...
The Internet of Things is tied together with a thin strand that is known as time. Coincidentally, at the core of nearly all data analytics is a timestamp. When working with time series data there are a few core principles that everyone should consider, especially across datasets where time is the common boundary. In his session at Internet of @ThingsExpo, Jim Scott, Director of Enterprise Strategy & Architecture at MapR Technologies, discussed single-value, geo-spatial, and log time series data. By focusing on enterprise applications and the data center, he will use OpenTSDB as an example t...
All major researchers estimate there will be tens of billions devices - computers, smartphones, tablets, and sensors - connected to the Internet by 2020. This number will continue to grow at a rapid pace for the next several decades. With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo, June 9-11, 2015, at the Javits Center in New York City. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be
Scott Jenson leads a project called The Physical Web within the Chrome team at Google. Project members are working to take the scalability and openness of the web and use it to talk to the exponentially exploding range of smart devices. Nearly every company today working on the IoT comes up with the same basic solution: use my server and you'll be fine. But if we really believe there will be trillions of these devices, that just can't scale. We need a system that is open a scalable and by using the URL as a basic building block, we open this up and get the same resilience that the web enjoys.
We are reaching the end of the beginning with WebRTC, and real systems using this technology have begun to appear. One challenge that faces every WebRTC deployment (in some form or another) is identity management. For example, if you have an existing service – possibly built on a variety of different PaaS/SaaS offerings – and you want to add real-time communications you are faced with a challenge relating to user management, authentication, authorization, and validation. Service providers will want to use their existing identities, but these will have credentials already that are (hopefully) i...
SYS-CON Events announced today that MetraTech, now part of Ericsson, has been named “Silver Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9–11, 2015, at the Javits Center in New York, NY. Ericsson is the driving force behind the Networked Society- a world leader in communications infrastructure, software and services. Some 40% of the world’s mobile traffic runs through networks Ericsson has supplied, serving more than 2.5 billion subscribers.
Thanks to widespread Internet adoption and more than 10 billion connected devices around the world, companies became more excited than ever about the Internet of Things in 2014. Add in the hype around Google Glass and the Nest Thermostat, and nearly every business, including those from traditionally low-tech industries, wanted in. But despite the buzz, some very real business questions emerged – mainly, not if a device can be connected, or even when, but why? Why does connecting to the cloud create greater value for the user? Why do connected features improve the overall experience? And why do...
SYS-CON Events announced today that O'Reilly Media has been named “Media Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9–11, 2015, at the Javits Center in New York City, NY. O'Reilly Media spreads the knowledge of innovators through its books, online services, magazines, and conferences. Since 1978, O'Reilly Media has been a chronicler and catalyst of cutting-edge development, homing in on the technology trends that really matter and spurring their adoption by amplifying "faint signals" from the alpha geeks who are creating the future. An active participa...
Imagine a world where targeting, attribution, and analytics are just as intrinsic to the physical world as they currently are to display advertising. Advances in technologies and changes in consumer behavior have opened the door to a whole new category of personalized marketing experience based on direct interactions with products. The products themselves now have a voice. What will they say? Who will control it? And what does it take for brands to win in this new world? In his session at @ThingsExpo, Zack Bennett, Vice President of Customer Success at EVRYTHNG, will answer these questions a...
The 4th International Internet of @ThingsExpo, co-located with the 17th International Cloud Expo - to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA - announces that its Call for Papers is open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
An entirely new security model is needed for the Internet of Things, or is it? Can we save some old and tested controls for this new and different environment? In his session at @ThingsExpo, New York's at the Javits Center, Davi Ottenheimer, EMC Senior Director of Trust, reviewed hands-on lessons with IoT devices and reveal a new risk balance you might not expect. Davi Ottenheimer, EMC Senior Director of Trust, has more than nineteen years' experience managing global security operations and assessments, including a decade of leading incident response and digital forensics. He is co-author of t...
The Internet of Things is a misnomer. That implies that everything is on the Internet, and that simply should not be - especially for things that are blurring the line between medical devices that stimulate like a pacemaker and quantified self-sensors like a pedometer or pulse tracker. The mesh of things that we manage must be segmented into zones of trust for sensing data, transmitting data, receiving command and control administrative changes, and peer-to-peer mesh messaging. In his session at @ThingsExpo, Ryan Bagnulo, Solution Architect / Software Engineer at SOA Software, focused on desi...
The multi-trillion economic opportunity around the "Internet of Things" (IoT) is emerging as the hottest topic for investors in 2015. As we connect the physical world with information technology, data from actions, processes and the environment can increase sales, improve efficiencies, automate daily activities and minimize risk. In his session at @ThingsExpo, Ed Maguire, Senior Analyst at CLSA Americas, will describe what is new and different about IoT, explore financial, technological and real-world impact across consumer and business use cases. Why now? Significant corporate and venture...