FSTC resent pr reports on the continuing audit of the Gecko SMS Application, a significant component of Gecko's AtLAS Advanced Landmark Acquisition System. The current version of Gecko's SMS Application is available on the Android mobile phone platform enhancing SMS messages by adding location information based on well-known geographic related interest points.
Mark Collins-Cope, Private Trading Systems, notes, "The Gecko SMS in use now is the Phase 1 proof of concept version. We understand the 'real thing' should be released later this month and is expected to re-enforce Gecko's position as world leader in the provision of local landmarks." Mr Collins-Cope is head of the Private Trading Systems IT team retained by First Corporation to audit Gecko's AtLAS Advanced Landmark Acquisition System.
Gecko's CEO, Pasi Riipinen, states, "The Gecko SMS is a generic text message editor currently available on Google's Android mobile phone platform. As well as providing superior functionality to the native Android text editor it automatically adds location information to the end of the message."
The audit of Gecko's SMS Application is intended to augment First Corporation's due diligence process further accelerating the acquisition of their 10% equity stake in Gecko. With the gathering of additional due diligence information, First Corporation intends to conclude the transaction with Gecko as soon as possible thereafter, subject to regulatory requirements.
About First Corporation
First Corporation was incorporated under the laws of the State of Colorado on December 27, 1995. The Company's activities to date have been limited to organization and capital formation.
