Investors: Press Release

GeckoSystems, an AI Mobile Robot Co., Responding to Major US Defense Contractor Requirement


GeckoSystems, an AI Mobile Robot Co., Responding to Major US Defense Contractor Requirement

CONYERS, Ga., August 28, 2015 -- GeckoSystems Intl. Corp. (Pink Sheets: GOSY | http://www.geckosystems.com/) announced today that as a result of recently contacting this major, international US defense contractor, that the contractor not only wishes to have a formal proposal from GeckoSystems, but has scheduled an initial meeting next month between key representatives of the two companies at the contractor’s primary R&D facility. For over eighteen years GeckoSystems has dedicated itself to development of "AI Mobile Robot Solutions for Safety, Security and Service(tm)."

"Due to our long time focus on the penultimate necessity for AI mobile robots to be safer for humans than simply having 'human meaningful control,' prior to this engagement, we have never considered any US defense contractor to be sufficiently safety conscious for us to offer them our proprietary, exclusive, readily lethalized Artificial Intelligence (AI) mobile robot technologies.  The concern is that the technologies might be used without adequate safeguards to prevent human harm. After careful and thorough vetting of this company and its management, we consider them trustworthy. The program manager indicated an immediate desire that we submit a proposal to augment one of their offerings with our AI centric real time sense and avoid of moving and/or unforeseen obstacles," stated Martin Spencer, CEO, GeckoSystems Intl. Corp.

GeckoSystems would also like to welcome its new Program Manager, retired Navy Commander Michael Goldschmidt, to lead its Government Systems Division. “I want to thank Mr. Spencer for bringing me onto this project. Used responsibly, GeckoSystems’ AI mobile robotics technologies have almost unimaginable potential to improve safety and independence in people’s everyday lives. I am very pleased to be a part of that future,” commented Commander Goldschmidt.

"Without CDR Goldschmidt's proven leadership abilities and military experience, we simply would not have initiated, nor undertaken in any manner, our first and only foray into the defense industry," continued Spencer.

In order to understand the importance of GeckoSystems' breakthrough, proprietary, and exclusive AI software and why this major defense contractor desires a proposal from GeckoSystems, it’s important to acknowledge some basic realities for all forms of automatic, non-human intervention, vehicular locomotion and steering.

  1. Laws of Physics such as Conservation of Energy, inertia, and momentum, limit a vehicle’s ability to stop or maneuver. If, for instance, a car’s braking system design cannot generate enough friction for a given road surface to stop the car in 100 feet after brake application, that’s a real limitation.  If a car cannot corner at more than .9g due to a combination of suspension design and road conditions, that, also, is reality.  Regardless how talented a NASCAR driver may be, if his race car is inadequate, he’s not going to win races.

  2. At the same time, if a car driver (or pilot) is tired, drugged, distracted, etc. their reflex time becomes too slow to react in a timely fashion to unexpected direction changes of moving obstacles, or the sudden appearance of fixed obstacles. Many car "accidents" result from drunk driving due to reflex time and/or judgment impairment. Average reflex time takes between 150 & 300ms. http://tinyurl.com/nsrx75n

  3. In robotic systems, "human reflex time" is known as Worst Case Execution Time (WCET). Historically, in computer systems engineering, WCET of a computational task is the maximum length of time the task could take to execute on a specific hardware platform.  In big data, this is the time to load up the data to be processed, processed, and then outputted into a useful distillations, summaries, or common sense insights.  GeckoSystems' basic AI self-guidance navigation system processes 147 megabytes of data per second using low cost, commercial off the shelf (COTS) single board computers (SBC"s).

  4. Highly trained and skilled jet fighter pilots have a reflex time (WCET) of less than 120ms. Their "eye to hand" coordination time is a fundamental criterion for them to be successful jet fighter pilots. The same holds true for all high performance forms of transportation that are sufficiently pushing the limits of the Laws of Physics to require the quickest possible reaction time for safe human control and/or usage.

  5. GeckoSystems' WCET is less than 100ms, or as quick, or quicker than most gifted jet fighter pilots, NASCAR race car drivers, etc. while using low cost COTS and SBC's

  6. In mobile robotic guidance systems, WCET has 3 fundamental components.
    1. Sufficient Field Of View (FOV) with appropriate granularity, accuracy, and update rate.
    2. Rapid processing of that contextual data such that common sense responses are generated.
    3. Timely physical execution of those common sense responses.
    4. Due to the quickness of GeckoSystems' WCET, nearly all forms of all vehicles can achieve the ability to real time sense and avoid of moving, and/or unforeseen (unmapped) obstacles. This is the fundamental reason this major defense contractor wishes to have a proposal submitted from GeckoSystems. Not only can their land-based vehicles be safer and more autonomous (nearly no emergency human intervention), but also all forms of drones including boats, aircraft, undersea vehicles, and more.

Those organizations and firms that do not have videos portraying that their robotic vehicles’ (drones, driverless cars, self driving cars, etc.) abilities to timely sense and avoid moving obstacles, simply cannot do so, as GeckoSystems can: http://t.co/NqqM22TbKN

All mobile robotic vehicles are therefore unsafe for human usage unless the AI "driver" is jet fighter pilot reflex quick and not "drugged, distracted, or lacking good enough vision" to be allowed to drive in public, people congested areas.

As a result of GeckoSystems worldwide preeminence in this essential WCET parameter, for several years running now, GeckoSystems has been identified many times as one of the top five to top ten mobile service robot companies in the world.  Several internationally renowned market research firms, such as Research and Markets, have named GeckoSystems as one of the key market players in the mobile robotics industry.

"Due to the preeminent position of this international US defense contractor, it would be untimely and imprudent to reveal their identity at this time due to the sensitivity and delicacy of these initial negotiations. Nonetheless, it is very satisfying to make this announcement and provide "reason to believe" for the basis of their sincere and genuine interest in securing some of our AI mobile robot solutions for their present and future products. As would be expected at this time, we have other ongoing negotiations, not only in the US, but also in Japan and China. After many years of patience by our current 1300+ stockholders, they can be assured that the present management continues to work to maximize their investments in GeckoSystems whether by organic growth or by acquisition at a rewarding premium," concluded Spencer. 

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.