Investors: Press Release
GeckoSystems, an AI Mobile Robot Co., Updates 1300+ Stockholders
CONYERS, Ga., June 11, 2015 -- GeckoSystems International Corp. (Pink Sheets: GOSY | http://www.geckosystems.com/) is pleased to inform its stockholders that the Company has satisfied all reporting and disclosure requirements of the OTC Markets, FINRA and the SEC to be deemed "Current Information." For over seventeen years GeckoSystems has dedicated itself to development of "AI Mobile Robot Solutions for Safety, Security and Service(tm)."
"Assisting us in returning to the Current Information reporting status were our transfer agent, Continental Stock Transfer & Trust, and our SEC attorney, Jonathan Leinwand. While it has taken longer than originally expected, all the unforeseen delays were due to circumstances external to the Company. Nonetheless, we have been motivated to address all those matters forthwith due to ongoing negotiations in Japan with a nationally known and respected AI personal robot software development company to maximize the benefit of those negotiations to our shareholders," commented Martin Spencer, CEO, GeckoSystems.
The company’s SafePath(tm) enabled BaseBot(tm) in Japan, “Lou,” continues to be actively demonstrated to interested robot companies. A significant demonstration, training session, and hand off meeting is scheduled next week due to our relationship with iXs Research Corp. (http://tinyurl.com/p3khd2e) that also recently prepared this demonstration video for us in Japan: http://t.co/NqqM22TbKN
This Japanese personal robot software company readily agreed to GeckoSystems’ NDA “safety clause,” which is required prior to any disclosure of their proprietary AI technologies.
"Presently we are negotiating licensing revenues from the usage of our proprietary GeckoNav(tm) AI mobile robot navigation software for enhanced safety on tens of thousands of personal mobile robots for eldercare to be sold in Japan by a major international corporation. This is but one of the substantive discussions we have ongoing, which include continued communications with Nissan.
"In summary, GeckoSystems is better-positioned and gaining new traction in domestic and international markets as an advanced AI mobile robot solution provider as evidenced by our recent attainment of Current Information such that our investors may best benefit from our ongoing discussion with a premier Japanese robot software provider. I remain completely confident of our continued growth prospects and sufficient ROI to justly reward our 1300+ loyal stockholders," concluded Spencer.
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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