Investors: Press Release
GeckoSystems Marketing SafePath™ Technology
for Mobile Robots and Conventional Navigation Systems
CONYERS, Ga., March 28, 2012 /PRNewswire/ -- GeckoSystems Intl. Corp. (Pink Sheets: GOSY | http://www.geckosystems.com/) -- announced today that as a result of recent enhancements to GeckoNav™, the company is now calling their suite of fundamental mobile robot solutions for automatic, self-navigation: "SafePath Enabled™." GeckoSystems is a dynamic leader in the emerging mobile robotics industry revolutionizing their development and usage with "Mobile Robot Solutions for Safety, Security and Service™."
SafePath technology is an innovative navigation system created by GeckoSystems that merges robotic technology with traditional steering, locomotion and automatic guidance systems. SafePath goes beyond the collision avoidance systems now being used in automobiles and other applications. SafePath lets the user specify a destination and achieve it while the system takes over collision avoidance, speed adjustment, and compensates for variations in terrain (such as slippery or uneven surfaces). GeckoSystems anticipates commercial production the first SafePath wheelchair by the end of 2012, in a joint venture facility now under construction in Nanle, China.
SafePath™ navigation can be migrated to all existing mobile robotics applications. In addition it can be an upgrade to non-robotic applications such as the automobiles, military vehicles (including land mine detection systems), airport luggage/passenger carts, industrial transportation, and power wheelchairs.
GeckoSystems partner, ZMP of Japan, is already developing robotic applications in several of these areas and will be applying GeckoSystems SafePath technology to them.
GeckoSystems' proprietary artificial intelligence (AI) software solutions were originally developed for the CareBot™ mobile service robot (MSR).
Proprietary GeckoSystems technologies used in the SafePath™ robotic navigation system can be found here:
"We have worked for nearly fifteen years developing 'Mobile Robot Solutions for Safety, Security, and Service' and we are very pleased that our first commercial robotic application will be the SafePath Enabled wheelchair. We feel privileged to have an opportunity to help disabled persons around the world live with greater independence and dignity despite their confinement to a wheelchair," stated R. Martin Spencer, President/CEO, GeckoSystems Intl. Corp.
About GeckoSystems Intl. Corp.:
GeckoSystems has been developing innovative robotic technology for over fourteen years. It is CEO Martin Spencer's dream to make people's lives better through robotic technology.
The Company's "mobile robot solutions for safety, security and service" are appropriate not only for the consumer, but also professional healthcare, commercial security and defense markets. Professional healthcare require cost effective, timely errand running, portable telemedicine, etc. Homeland Security requires cost effective mobile robots to patrol and monitor public venues for weapons and WMD detection. Military users desire the elimination of the "man in the loop" to enable unmanned ground and air vehicles to not require constant human control and/or intervention.
GeckoSystems stock is quoted in the U.S. over-the-counter (OTC) markets, on the Pink OTC Current Information tier, under the ticker symbol GOSY.
Main number: 1-866-CAREBOT (227-3268)
International: +1 678-413-9236
Fax: +1 678-413-9247
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.
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