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$GOSY news out!! Back to back news! GeckoSystems' Japanese JV Securing $1,000,000 for Eldercare Companion Robot R&D

CONYERS, GA--(Marketwired - Apr 28, 2016) - GeckoSystems Intl. Corp. (OTC PINK: GOSY) (http://www.geckosystems.com/) announced today that the company is partnering with IC Corp. Ltd. (ICCL), in their submission to the Japanese government for a $1,000,000 grant to adapt GeckoSystems' AI mobile robot solutions to the Japanese market place. For over eighteen years GeckoSystems has dedicated itself to development of "AI Mobile Robot Solutions for Safety, Security and Service(tm)."

"I am pleased to report that due to the continued hard work of one of our Japanese representatives, Mr. Fujii Katsuji, we have again achieved demonstrable progress securing viable joint ventures in Japan. This latest, one of several joint ventures being entertained, is particularly significant due to the breadth and depth of the robotics expertise of ICCL (http://www.ic-corp.jp/) and their insistence we meet them as soon as is prudent in Japan to sign the JV agreement," commented Martin Spencer, CEO, GeckoSystems Intl. Corp.

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 recent article further underscores Japan's commitment to eldercare capable, 'welfare' robots: "Japan govt. to urge nursing care robot development" http://tinyurl.com/oehxdba

"We are very much looking forward to meet with Mr. Spencer and discuss the large Japanese market for 'welfare robots,'" stated Mr. Takashi Nabeta, CEO, ICCL.

GeckoSystems has already done primary market research, focus group market research, and the most extensive in home personal robot trials in the world.

Due to GeckoSystems' world's first in home personal mobile robot trials that have been conducted and documented, management is confident they have the "right stuff" to be very synergistic with ICCL, as does ICCL, in readily satisfying the Japanese government's requirements for an eldercare capable mobile robot R&D grant.

While GeckoSystems' AI mobile robot solutions have been largely unnoticed in the US, many ongoing negotiations continue in Japan and Europe due to the company's AI mobile robot solutions' robust utility and portability to virtually any and all forms of mobile robots whether air, land, or sea. That includes drones, self-driving cars, and essentially all mobility systems requiring complete safety from hitting any obstacles in those situations in which the reflexes of a highly skilled and experienced jet fighter pilot could readily evade.

Spencer will be traveling to Japan on May 20th and expects to return early to mid June in order to have sufficient time to meet with present JV partners, support ICCL, and meet with potential new licensees, such as the Japanese trading company earlier mentioned. Initially this trip was scheduled for March, but due to an unfortunate accident, their long time Japanese representative was incapacitated. Concurrently, ICCL 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.

"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 Spencer.

Both companies are certain that their advanced mobile service robot will contribute to Japan's rapidly aging society by helping seniors live safer and easier and will be recognized by the Japanese reviewers by their approval of this $1,000,000 grant submission.

Recently, a premier Japanese government trade organization has expressed interest in assisting GeckoSystems exporting to the Japanese market. A near term meeting in Atlanta, Georgia is being scheduled to learn their probable level of assistance.

"Certainly, on both sides of the Pacific, we are doing as much as is prudent and/or feasible to maximize the benefit of the monetary costs and time in going to Japan. This new JV continues to progress robustly, such that GeckoSystems will enjoy additional licensing revenues that will enable us to further increase shareholder value. It is very satisfying to make this announcement substantiating our continued growth and reassure all our stockholders, both present and future, that our OTC Markets reporting status will soon return to Current Information. After many years of patience by our current 1300+ stockholders, they can continue to be completely confident that the present management will update them routinely and to work to maximize their investments in GeckoSystems, whether by organic growth or being acquired at a rewarding premium," concluded Spencer.
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