GeckoSystems Intl. Corp. (GOSY)

[XenaLives]

PR today - one more GLOBAL partner for GOSY.

This time in the defense industry. There's nothing like defense fro ready cash flow.

GeckoSystems US Discussing Strategic Robotic Applications with UK Defense Contractor

Date : 11/28/2011 @ 9:50AM
Source : PR Newswire
Stock : Geckosystems Intl Corp (PL) (GOSY)

GeckoSystems International Corporation (Pink Sheets: GOSY) (http://www.geckosystems.com/) announced today that a United Kingdom (UK) defense manufacturer has signed a bilateral non-disclosure agreement (NDA) with GeckoSystems and has expressed interest in entering into a joint venture focused on marketing and research and development projects in the European Union (EU) and US marketplaces that are in line with the UK military heritage of the company.

This announcement comes on the heels of an expected joint venture with a Chinese company to produce a 21st Century "collision proof" wheelchair and a partnership with ZMP of Japan which will incorporate GeckoSystems artificial intelligence (AI) navigation system into projects as diverse as automated vehicles and personal service robots. GeckoSystems is establishing an international footprint in the emerging mobile robotics industry, revolutionizing their development and usage with "Mobile Robot Solutions for Safety, Security and Service(tm)."

The migration of technology developed for the company's CareBot™, a mobile service robot (MSR) designed to enhance the safety and independence of senior citizens, to a wheelchair that gives these same benefits to the disabled, is "proof of concept" that GeckoSystems mobile robot solutions can be adapted to many platforms that were not specifically designed for this technology.

"All of us here at GeckoSystems are excited about this development. Due to the nature of the upcoming discussions I feel it is in the best interest of all parties involved to withhold the name of this UK defense manufacturer at this time. I believe their present interest is due in no small part to our recent success with our "collision proof" wheelchair prototype. This application is proof of concept and clearly demonstrates the portability and application of GeckoNav™, our proprietary AI automatic, self-navigation software to a wide variety of markets, including health care and the defense industry.

"We have diligently searched for a sophisticated defense contractor who would be cognizant of the potentially lethal applications of robotic software technologies. We are pleased to announce that this UK defense manufacturer has agreed to our "safety clause" in our NDA and shares our concern and prudence in this matter. This NDA is a breakthrough for the company, a reward for a long time effort in marketing to the defense industry domestically and abroad," reflected Martin Spencer, president/CEO, GeckoSystems International.

This specific "safety clause" reads as follows:

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.

GeckoSystems' "Safety Paradigm Discussion For Mobile Service Robots" is here:

http://www.geckosystems.com/images/Safety_Paradigm_Discussion.jpg

The UK defense contractor's semi-autonomous unmanned vehicles operate on the ground and in the air using both remote and ground controlled stations. Due to their current success in this area the UK has given this notable company additional contracts for UGVs with collision avoidance capability under both full and semi autonomous control. Their vehicles use both electric power and fossil fuels for power and the drive system. It has state of the art integrated sensor arrays and is functional in an urban environment.

"Our recent footholds in international markets are not surprising given the current trend for US manufacturers to extend their operations internationally as we become more export driven. Our 1300 plus stockholders can be assured that GeckoSystems is reaching beyond the domestic market and aiming for global success," concluded Spencer.