Posted On: 01/15/2014 7:21:11 AM
Post# of 2217
GOSY's CEO posted this recently on LinkedIn:
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"GeckoSystems, an AI Mobile Robot Co., Updates 1300+ Stockholders"
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Perhaps the biggest news from us to date is in product development and our confidence that the CareBot can now be cost reduced to a full retail of only $5,000, without losing any of its present functionality while extending battery life. We have always be very careful to keep all our Artificial Intelligence (AI) software portable and extensible such that it can be migrated to lower cost computer hardware as Moore's Law allows. The rapid proliferation and cost reduction of smart phones and tablet computers is what is enabling us to forecast, with a high level of confidence, that we can manufacture and market a $5,000 personal robot, our CareBot, in the near term. This is a significant competitive advantage for us since virtually all our competitors, with far less functionality and benefits, are selling for $12,000 and up.
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http://www.geckosystems.com/investors/press_r...olders.php
.
"GeckoSystems, an AI Mobile Robot Co., Updates 1300+ Stockholders"
.
Perhaps the biggest news from us to date is in product development and our confidence that the CareBot can now be cost reduced to a full retail of only $5,000, without losing any of its present functionality while extending battery life. We have always be very careful to keep all our Artificial Intelligence (AI) software portable and extensible such that it can be migrated to lower cost computer hardware as Moore's Law allows. The rapid proliferation and cost reduction of smart phones and tablet computers is what is enabling us to forecast, with a high level of confidence, that we can manufacture and market a $5,000 personal robot, our CareBot, in the near term. This is a significant competitive advantage for us since virtually all our competitors, with far less functionality and benefits, are selling for $12,000 and up.
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http://www.geckosystems.com/investors/press_r...olders.php
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