GeckoSystems Intl. Corp. (GOSY)

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June 21, 2010 8:02 AM ET

GeckoSystems Negotiating With Major Telecommunications Company toParticipate in Elder Care Robot Trials

Jun 21, 2010 00:05:20 (ET)

CONYERS, GA, Jun 21, 2010 (MARKETWIRE via COMTEX) -- GeckoSystems Intl. Corp. (PINKSHEETS: GCKO) ( http://www.geckosystems.com/ ) announced today that a major US telecommunications company considers GeckoSystems to have strategic fit within their New Solutions Group.

GeckoSystems is a dynamic leader in the emerging Mobile Service Robot industry revolutionizing their development and usage with "Mobile Robot Solutions for Safety, Security, and Service(TM).

"Our Emerging Solutions team has reviewed your site and is very impressed with your concept and solution. In addition to being a very cool product, it truly serves a need for all families going though the aging process. Congratulations on your accomplishments so far. The market is ready for rapidly embracing and adopting this type of 'human service' solution," remarked their Director, Solutions Engineering, New Solutions Group.

This major Telco is working with many trusted partners on security, healthcare and monitoring all within the context of wireless distributed and embedded computing (WDEC). WDEC is about connecting people, devices and systems in new and transforming ways. With WDEC, intelligent devices 'talk' to each other over primarily wireless connections and share data without direct human intervention. In this way, devices as diverse as utility meters, signboards, cameras, remote sensors, laptops, appliances and other consumer device, such as personal assistant robots, can be connected to support a variety of new uses and achieve increased efficiencies.

They offer a comprehensive range of wireless and wireline communications services bringing the freedom of mobility to consumers, businesses and government users. They served nearly 50 million customers at the end of the first quarter of 2010 and are widely recognized for developing, engineering and deploying innovative technologies, and are among the first wireless 4G services from a national carrier in the United States offering industry-leading mobile data services. Their expanding ecosystem of WDEC partners includes Ford Motor Company, Lenovo, Omnilink, Qualcomm, Sierra, et al.

"As 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 major US Telco at this time. No doubt their interest is due in part to the reality of our world's first in home elder care robot trials and the strategic fit within their corporate WDEC new business development strategy.

"At this time we are negotiating key agreements that will enable more insightful discussions. We continue to work very hard to secure those strategic relationships that will enable us to effectively address our forecasted pent up demand for cost effective, utilitarian elder care. Our elder care robot trials continue to reveal to us unexpected benefits for the family and heightened confidence that our hundreds of stockholders will enjoy the ROI they deserve," concluded Martin Spencer, President/CEO, GeckoSystems.