GOSY PR April 21! GeckoSystems, an AI Robotics
Post# of 2217
Posted On: 04/21/2016 8:32:17 AM
GOSY PR April 21!
GeckoSystems, an AI Robotics Co., Expands Japanese Licensing Discussions
Trip to Japan next month for signing
CONYERS, GA - (April 21, 2016) - GeckoSystems Intl. Corp. (OTC: GOSY) announced that additional licensing agreements will be negotiated while the CEO is in Japan late next month. For over eighteen years GeckoSystems has dedicated itself to development of "AI Mobile Robot Solutions for Safety,
Security and Service(tm)."
Initially this trip was scheduled for March, but due to an unfortunate accident, their long time Japanese representative was incapacitated. Concurrently, IC-Japan secured a three times larger facility to better
support the joint venture, but the relocation of their office and laboratories also delayed the previously scheduled March meetings. GeckoSystems' CEO was invited by the CEO of this prominent Japanese robotics company, IC-Corp., to meet for the purpose of signing a licensing agreement.
"During these unforeseen delays, due to the continued hard work of two of our Japanese representatives, Mssrs. Fujii Katsuji and Tsunenori Kato, CEO, Ifoo Company Limited, we have again achieved demonstrable progress securing viable licensing agreements in Japan. This latest, one of several being negotiated, is particularly significant due to the breadth, depth and heritage of this nearly 100 year old Japanese trading company," stated Martin Spencer, CEO, GeckoSystems Intl. Corp.
Mr. Katsuji identified and contacted IC-Japan while looking for technologists with the appropriate education, skills and experience to assist Fubright Communications, Ltd. and the company in migrating its automatic self-navigation mobile robot software, GeckoNav(tm), to SoftBank Robotics' Pepper robot such that it would have cost effective, utilitarian mobility and be less of a novelty and more practical in its benefits and value proposition.
At this time, there are approximately 2,200,000 million Japanese over 65 living alone. Their greatest fear is to die alone and that their demise not be known to others for a few days. For this reason and many others, the Japanese government pays 90% of the cost of personal robots used for eldercare such that concern would be well addressed. Further, the Japanese government is paying 75% of the R&D costs to develop robotic healthcare solutions for greater productivity to provide more economic care giving for their extraordinarily large senior population.
This new partner is unsure of the mass appeal of the Pepper robot with its present value proposition and wishes to investigate other, proximate market opportunities. They believe there is a significant, near term market in Japan for eldercare robots and want to explore all scenarios including, but not limited to, the Pepper robot as stated by Mr. Nebeta:
"We are very much looking forward to meet with Mr. Spencer and discuss the large Japanese market for 'welfare robots,'" stated Mr. Takashi Nebeta, CEO, IC-Japan.
The company has already begun the technology transfer of its proprietary AI mobile robot tech with the GeckoMotorController(tm) (GMC). (The company's seventh generation GMC uses a proprietary selfadaptive constant energy paradigm to achieve extraordinarily smooth acceleration and deceleration of the company's mobile service robots. A jerky and/or seeming unpredictable moving robot can be both distracting and disturbing for people or animals that observe or interact with them.)
Late last year, GeckoSystems had their white paper on Worst Case Execution (reflex or reaction) Time sufficient for mobile service robots' safe usage proximate to humans, translated into Japanese. Mssrs. Katsuji and Kato have been presenting that seminal discussion to many Japanese companies with very favorable responses from now two different companies. That paper explains the importance of GeckoSystems' breakthrough, proprietary, and exclusive AI software and why this top Japanese robotics company, and now a Japanese trading company, desire to license GeckoSystems' AI mobile robot solutions. Due to the sophistication, experience and stature of this premier robotics company and trading company, they are no doubt cognizant that the Japanese government is funding eldercare specific robotics R&D with grants at the rate of 75%. Further, Japan's national health insurance pays 90% of the monthly cost of eldercare capable companion robots such as the Pepper from SoftBank Robotics, or a CareBot(tm) adapted to the Japanese marketplace.
"Through these new agreements, we will enjoy additional licensing revenues that will enable us to further increase shareholder value," concluded Spencer.
GeckoSystems, an AI Robotics Co., Expands Japanese Licensing Discussions
Trip to Japan next month for signing
CONYERS, GA - (April 21, 2016) - GeckoSystems Intl. Corp. (OTC: GOSY) announced that additional licensing agreements will be negotiated while the CEO is in Japan late next month. For over eighteen years GeckoSystems has dedicated itself to development of "AI Mobile Robot Solutions for Safety,
Security and Service(tm)."
Initially this trip was scheduled for March, but due to an unfortunate accident, their long time Japanese representative was incapacitated. Concurrently, IC-Japan secured a three times larger facility to better
support the joint venture, but the relocation of their office and laboratories also delayed the previously scheduled March meetings. GeckoSystems' CEO was invited by the CEO of this prominent Japanese robotics company, IC-Corp., to meet for the purpose of signing a licensing agreement.
"During these unforeseen delays, due to the continued hard work of two of our Japanese representatives, Mssrs. Fujii Katsuji and Tsunenori Kato, CEO, Ifoo Company Limited, we have again achieved demonstrable progress securing viable licensing agreements in Japan. This latest, one of several being negotiated, is particularly significant due to the breadth, depth and heritage of this nearly 100 year old Japanese trading company," stated Martin Spencer, CEO, GeckoSystems Intl. Corp.
Mr. Katsuji identified and contacted IC-Japan while looking for technologists with the appropriate education, skills and experience to assist Fubright Communications, Ltd. and the company in migrating its automatic self-navigation mobile robot software, GeckoNav(tm), to SoftBank Robotics' Pepper robot such that it would have cost effective, utilitarian mobility and be less of a novelty and more practical in its benefits and value proposition.
At this time, there are approximately 2,200,000 million Japanese over 65 living alone. Their greatest fear is to die alone and that their demise not be known to others for a few days. For this reason and many others, the Japanese government pays 90% of the cost of personal robots used for eldercare such that concern would be well addressed. Further, the Japanese government is paying 75% of the R&D costs to develop robotic healthcare solutions for greater productivity to provide more economic care giving for their extraordinarily large senior population.
This new partner is unsure of the mass appeal of the Pepper robot with its present value proposition and wishes to investigate other, proximate market opportunities. They believe there is a significant, near term market in Japan for eldercare robots and want to explore all scenarios including, but not limited to, the Pepper robot as stated by Mr. Nebeta:
"We are very much looking forward to meet with Mr. Spencer and discuss the large Japanese market for 'welfare robots,'" stated Mr. Takashi Nebeta, CEO, IC-Japan.
The company has already begun the technology transfer of its proprietary AI mobile robot tech with the GeckoMotorController(tm) (GMC). (The company's seventh generation GMC uses a proprietary selfadaptive constant energy paradigm to achieve extraordinarily smooth acceleration and deceleration of the company's mobile service robots. A jerky and/or seeming unpredictable moving robot can be both distracting and disturbing for people or animals that observe or interact with them.)
Late last year, GeckoSystems had their white paper on Worst Case Execution (reflex or reaction) Time sufficient for mobile service robots' safe usage proximate to humans, translated into Japanese. Mssrs. Katsuji and Kato have been presenting that seminal discussion to many Japanese companies with very favorable responses from now two different companies. That paper explains the importance of GeckoSystems' breakthrough, proprietary, and exclusive AI software and why this top Japanese robotics company, and now a Japanese trading company, desire to license GeckoSystems' AI mobile robot solutions. Due to the sophistication, experience and stature of this premier robotics company and trading company, they are no doubt cognizant that the Japanese government is funding eldercare specific robotics R&D with grants at the rate of 75%. Further, Japan's national health insurance pays 90% of the monthly cost of eldercare capable companion robots such as the Pepper from SoftBank Robotics, or a CareBot(tm) adapted to the Japanese marketplace.
"Through these new agreements, we will enjoy additional licensing revenues that will enable us to further increase shareholder value," concluded Spencer.
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