GeckoSystems, an AI Mobile Robot Co., Responding to Major

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

CONYERS, GA / ACCESSWIRE / August 28, 2015 / GeckoSystems Intl. Corp. (http://www.geckosystems.com/) (OTC PINK: GOSY), 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.

a. Sufficient Field Of View (FOV) with appropriate granularity, accuracy, and update rate.
b. Rapid processing of that contextual data such that common sense responses are generated.
c. Timely physical execution of those common sense responses.

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.

Recent third party market research:

Service Robotics Market (Professional and Personal), by Application (Defense, Agriculture, Medical, Domestic & Entertainment), & by Geography - Analysis Forecast (2014 - 2020)

Robotic systems are looked at as the future assistants that are designed to help people to do what they want to do in a natural and spontaneous manner. Moreover, with the emergence of ubiquitous computing and communication environments, robots will be able to call upon an unlimited knowledge base and coordinate their activities with other devices and systems. Additionally, the growing spread of ubiquitous computing will lead to robot technologies being embedded into ubiquitous ICT networks to become human agents of physical actions, enhancing and extending the physical capabilities and senses.

The report focuses on giving a detailed view of the complete service robotics industry with regards to the professional and personal applications as well as the geography market. Apart from the market segmentation, the report also includes the critical market data and qualitative information for each product type along with the qualitative analysis; such as Porter's five force analysis, market time-line analysis, industry breakdown analysis, and value chain analysis. The global service robotics market is estimated to reach up to $19.41 billion by 2020 growing at a CAGR of 21.5% from 2014 to 2020.

Global Service Robot Market 2014-2018: Key Vendors are GeckoSystem, Honda Motor, iRobot and Toyota Motor

Worldwide Service Robot Market 2018 Analysis & Forecasts Report

The report recognizes the following companies as the key players in the Global Service Robot Market: GeckoSystems Intl. Corp., Honda Motor Co. Ltd., iRobot Corp. and Toyota Motor Corp.

From Forbes:

Investors Take Note, The Next Big Thing Will Be Robots

BusinessInsider makes some key points:

- The multibillion-dollar global market for robotics, long dominated by industrial and logistics uses, has begun to see a shift toward new consumer and office applications. There will be a $1.5 billion market for consumer and business robots by 2019.

- The market for consumer and office robots will grow at a CAGR of 17% between 2014 and 2019, seven times faster than the market for manufacturing robots.

Note: BusinessInsider.com 's forecasts do not include pent up demand for family care social robots anywhere in the world.

About GeckoSystems:

GeckoSystems has been developing innovative robotic technologies for over fifteen years. It is CEO Martin Spencer's dream to make people's lives better through robotic technology.

An overview of GeckoSystems' progress containing over 700 pictures and 120 videos can be found at http://www.geckosystems.com/timeline/.

These videos illustrate the development of the technology that makes GeckoSystems a world leader in Service Robotics development. Early CareBot prototypes were slower and frequently pivoted in order to avoid a static or dynamic obstacle; later prototypes avoided obstacles without pivoting. Current CareBots avoid obstacles with a graceful "bicycle smooth" motion. The latest videos also depict the CareBot's ability to automatically go faster or slower depending on the amount of clutter (number of obstacles) within its field of view. This is especially important when avoiding moving obstacles in "loose crowd" situations like a mall or an exhibit area.

In addition to the timeline videos, GeckoSystems has numerous YouTube videos. The most popular of which are the ones showing room-to-room automatic self-navigation of the CareBot through narrow doorways and a hallway of an old 1954 home. You will see the CareBot slow down when going through the doorways because of their narrow width and then speed up as it goes across the relatively open kitchen area. There are also videos of the SafePath(tm) wheelchair, which is a migration of the CareBot AI centric navigation system to a standard power wheelchair, and recently developed cost effective depth cameras were used in this recent configuration. SafePath navigation is now available to OEM licensees and these videos show the versatility of GeckoSystems' fully autonomous navigation solution.

GeckoSystems, Star Wars Technology

The company has successfully completed an Alpha trial of its CareBot personal assistance robot for the elderly. It was tested in a home care setting and received enthusiastic support from both caregivers and care receivers. The company believes that the CareBot will increase the safety and well being of its elderly charges while decreasing stress on the caregiver and the family.

CareBot has incorporated Microsoft Kinect depth cameras that result in a significant cost reduction.

Kinect Enabled Personal Robot video

Above, the CareBot demonstrates static and dynamic obstacle avoidance as it backs in and out of a narrow and cluttered alley. There is no joystick control or programmed path; movements are smoother that those achieved using a joystick control. GeckoNav creates three low levels of obstacle avoidance: reactive, proactive, and contemplative. Subsumptive AI behavior within GeckoNav enables the CareBot to reach its target destination after engaging in obstacle avoidance.

More information on the CareBot personal assistance robot:

http://www.geckosystems.com/markets/CareBot.php

GeckoSystems stock is quoted in the U.S. over-the-counter (OTC) markets under the ticker symbol GOSY.http://www.otcmarkets.com/stock/GOSY/quote

Here is a stock message board devoted to GOSY recommended by us:

http://investorshangout.com/board/62282/Gecko...tl+Co-GOSY

GeckoSystems uses LinkedIn and Twitter as its primary social media site for investor updates.

Spencer's LinkedIn.com profile
Spencer tweets as @GrandpaRobot

Website: http://www.geckosystems.com/

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.

CONTACT:

GeckoSystems Intl. Corp.
Telephone:
Main number: +1 678-413-9236
Fax: +1 678-413-9247
Website: http://www.geckosystems.com/

SOURCE: GeckoSystems Intl. Corp.

GeckoSystems Intl. Corp. (GOSY) Stock Research Links

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