Investors: Press Release
GeckoSystems' CEO Recaps Meeting with
Nissan Autonomous Car Researchers
CONYERS, Ga., January 26, 2015 -- GeckoSystems Intl. Corp. (Pink Sheets: GOSY | http://www.geckosystems.com/) GeckoSystems' CEO, Martin Spencer, met with senior management and master roboticists of several Japanese companies last month, renewing old relationships and creating new ones. For over seventeen years GeckoSystems has dedicated itself to development of "AI Mobile Robot Solutions for Safety, Security and Service."
A new relationship was begun with Nissan Motor Co., Ltd. when they requested that Mr. Spencer meet with three of their master roboticists at the Nissan Advanced Technology Center in Atsugi-shi. Those three individuals, Drs. Noriko Shimomura and Toshihiro Asai and Mr. Hikaru Nishira, Manager, represented Nissan's Mobility Services Laboratory, Research Division 2, which is responsible for Nissan's autonomous car R&D in Japan. Three other Nissan roboticists, also English speaking, accompanied Nissan's lead researchers for their autonomous car development. Nissan's primary autonomous car R&D is in Sunnyvale, CA.
"It was a good meeting, but with short notice we had no time to get a formal, written non-disclosure agreement in place, so I trusted Dr. Shinomura's good faith promise that a mutually acceptable NDA would be forthcoming as soon as the appropriate Nissan corporate officer returned to Japan," commented Spencer.
At the meeting Mr.Spencer was asked two important questions by the Nissan representatives:
1. How does GeckoSystems' self-navigation AI software, GeckoNav, work?
2. How would this technology recognize and respond appropriately to urban stoplights?
Two hours later, after saturating two whiteboards, these Nissan autonomous car researchers were well informed as to how GeckoSystems "does it." Mr. Spencer candidly discussed how fundamentally different sensor systems are sensor fused within GeckoSystems' navigation system. Dr. Shimomura confirmed that Nissan was using an approach similar to that used with GeckoSystems' software navigation system, GeckoNav, and the company refers to this as a "biologically inspired hierarchy". At the end of the meeting, the Nissan attendees assembled two sets of the self-copying whiteboard presentation by Mr. Spencer for internal usage and distribution.
"As opposed to the driverless previously detailed mapped navigation used by Google, Nissan's concept of autonomous vehicles is more in line with our own AI mobile robot autonomy solutions. This is confirmed with quotes by the CEO of Nissan and Renault, Carlos Ghosn," said Spencer.
Quote: Carlos Ghosn, CEO of Nissan and Renault, Reddit AMA January 12, 2015
"Google's approach is vastly different to ours. Their approach is all about surrendering complete control from the driver and using highly precise maps. They may have a financial reason to focus on those maps given their ad products. Our approach is about technology that works where we have maps and even in cases where the map ends
This is one of the reasons why NASA wants to work with Nissan. For example, if NASA wants to send a rover into a cave, no map exists of what that cave looks like, so the platform has to be able to teleoperated to the inside, get samples, provide surveillance, map in high detail, and then safely exit."
"Sensor fusion and GeckoSystems' ability to migrate existing software to new applications allows us to cost reduce existing products and we believe we can assist Nissan in their goal of having a high level of autonomy car in 2020.
"This was also the primary subject of my discussions with NextCare's President, Mr. Hidetsufu Suzuki, and their CEO, Mr. Mitshiro Ogata. NextCare has developed a robotic diapering system that provides bedridden patients with greater comfort and dignity while diminishing caregiver stress and workload. We believe we can help them bring a more reliable, less expensive and more profitable product to market," stated Spencer. Japanese health insurance is expected to pay for this important healthcare appliance.
While in Japan Mr. Spencer also met with Mr. Fuminori Yamasaki, President/CEO of iXs Research Corp. Presently iXs is providing "inspection robots" for use in the Fukushima Daiichi Nuclear Power Station cleanup. Mr. Spencer and Mr. Yamasaki found common ground in their concern that mobile robots must operate in complete safety; it was agreed that building safety into mobile service robots was an unambiguous primary goal.
"Recently, by using social media outlets, we have been able to keep our 1300+ stockholders updated via LinkedIn, Twitter, and GeckoSystems.com. We will be moving to "Limited Information" OTC status very soon. We are continuing our commitment to marketing and licensing our AI software solutions in the U.S. and abroad in order to limit dilution of our stock and maximize shareholder value," concluded Spencer.
GeckoSystems has been developing innovative artificial intelligence robotic technologies for over seventeen years. It is CEO Martin Spencer's dream to make people's lives better through robotic systems technology.
An overview of GeckoSystems' progress containing over 700 pictures and 120 videos can be found at http://www.geckosystems.com/timeline/.
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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.
SOURCE: GeckoSystems Intl. Corp.
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