New GOSY PR! GeckoSystems, an AI Robotics Co.,

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New GOSY PR!

GeckoSystems, an AI Robotics Co., Negotiating Licensing with Premier Chinese Robot Co.

Apr 03, 2017

OTC Disclosure & News Service

CONYERS, GA, April 3, 2017 -- GeckoSystems Intl. Corp. (Pink Sheets: GOSY OTC Current| http://www.GeckoSystems.com/) announced today that substantive progress is being achieved in securing their Safety Clause Non-Disclosure Agreement (NDA) with the premier Chinese mobile service robot company, Suzhou Pangolin Robot Corp., Ltd. For over nineteen years GeckoSystems has dedicated itself to development of "AI Mobile Robot Solutions for Safety, Security and Service(tm)."

"We have always held that nothing is more important than safe usage of our suite of enabling mobile robot technologies. While this may seem to be an easy step for any safety conscious corporation, we have been surprised on several occasions when significant international firms have declined to sign off. Some have declined to sign off after having verbally committed. Consequently, until we have mutually binding agreement, signed by corporate officers, we simply do not reveal any non-public information,"€ stated Martin Spencer, CEO, GeckoSystems Intl. Corp.

GeckoSystems Safety Clause:

Both parties understand and agree with the general concerns that mobile robot solutions may be used to lethally harm persons, other living things, property, and a country's infrastructure if terrorists, criminals, or other private or public enemies of peace, security, and tranquility were to secure access to and/or use of them. Therefore, both parties completely agree that MSR safety is of the greatest importance in the utilization of MSR technologies. All MSR technologies shared by both parties in any manner will be treated with the utmost secrecy and respect due to that reality and potential.

Since Suzhou Pangolin Robot Corporation’s primary focus is delivery robots, they are interested in licensing GeckoSystems’ proprietary, AI breakthrough technologies enabling human quick sense and avoid of unmapped and/or moving obstacles that enables a “loose crowd” level of mobile robot self-navigation ambulation.

The safety requirement for human quick WCET reflex time in all forms of mobile robots:

In order to understand the importance of GeckoSystems' breakthrough, proprietary, and exclusive AI software and why another Chinese robotics company desires a business relationship with GeckoSystems, it’s key 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 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.

The company has been engaged in advanced AI R&D for nearly 20 years for use in mobile service robots. Artificial intelligence technologies and applications span Big Data, Predictive Analytics, Statistics, Mobile Robots, Service Robotics, Drones, Self-driving Cars, Driverless Cars, Driver Assisted Cars, Internet of Things (IoT), Smart Homes, UGV’s, UAV’s, USV’s, AGV’s, Forward and/or Backward Chaining Expert Systems, Savants, AI Assistants, Sensor Fusion, Subsumption, etc.

€œ"This progress with a premier Chinese mobile robot company portends well for us and our shareholders. We are definitively on path to consummate another licensing agreement. It comes as no surprise, that a highly advanced Chinese robotics company understands the market potential of our suite of AI mobile robot solutions.

"We continue to have numerous ongoing joint venture and/or licensing discussions, not only in China and Japan, but also in the US, as revealed in this press release. I am also pleased that as the Service Robotics industry begins to offer real products to eager, significant markets our capabilities are being recognized that our 1300+ shareholders will garner the ROI they deserve. They can continue to be confident that we expect to be signing numerous multi-million-dollar licensing agreements to further substantiate and delineate the reality that GeckoSystems will earn additional licensing revenues to further increase shareholder value," concluded Spencer.



GeckoSystems Intl. Corp. (GOSY) Stock Research Links

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