CONYERS, Ga., Dec. 21, 2011 /PRNewswire/ -- GeckoSystems
Intl. Corp. (Pink Sheets: GOSY | http://www.geckosystems.com/)
released today this concept drawing:
http://geckosystems.com/markets/21st%20century.php for their
CyberMobile™ wheelchair, presently being reviewed by
management and engineering of the new Chinese joint venture. This
21st century chair is being designed from the ground up to fully
exploit GeckoSystems' "mobile robot solutions for safety, security,
and service™."
Plans for the chair are currently being reviewed by joint
venture management and engineering in the People's Republic of
China. GeckoSystems has been informed that land has been
purchased for an entirely new factory in Nanle County.
The first product to be produced will be a conventionally styled
wheelchair with collision proof navigation (Video's here:
http://geckosystems.com/markets/wheelchair.php ) designed to fill
China's large pent-up domestic
demand and the power wheelchair markets in the U.S. and
abroad. It is expected to sell for around $8,000 in the U.S. and should be in production
mid to late 2012.
The CyberMobile wheelchair now shown on their website will have
timely verbal interaction capabilities with GeckoChat™
and GeckoScheduler™. Heightened situational awareness
for greater safety, not only for the user, but also those
proximate, results from additional environment sensors. It will be
encased in a sensor-enabled shell for tactile awareness of the
surrounding environment. The starting price range for this AI
enhanced CyberMobile Wheelchair will be $25,000. A model fully equipped (the
ChairBot™:
http://geckosystems.com/markets/professional_healthcare.php) with
vital sign sensors and telepresence is expected to sell for around
$35,000. Navigational
enhancements for frequent outdoor use will be an available option
for around $5,000. This model
should go into production early in 2013.
Additionally, an ATV style CyberMobile wheelchair for heavy-duty
outdoor use is planned. It will have extended range laser
sensors, telecommunications, and an extended battery life of up to
ten hours and a maximum speed of 8-10 miles per hour. Its
rugged four-wheel independent suspension will enable it to handle
dirt roads and trails. This model should be available in mid
2013 and sell for about $50,000
U.S.
Current electro-mechanically operated wheelchairs retail in the
$15-25,000 range while rehabilitative
chairs commonly reach the $50-$80,000
range. Given the increased safety and mobility offered by
GeckoSystems' CyberMobile chairs the company believes they will
compete very well in the current market.
Recently GeckoSystems announced additional details regarding
their Joint Venture with the Chinese. Under the auspices of
the People's Republic of China a
new company is being formed and a new wheelchair manufacturing
plant is being built to accommodate updated healthcare standards
for the Chinese people.
These new standards will require the production of hundreds of
thousands of wheelchairs for the disabled in China. The joint venture will be engineering a
completely new product, a truly collision proof wheelchair with
CyberMobility™, that uses GeckoSystems' proprietary
automatic self-navigation AI software technology,
GeckoNav™.
This Chinese Joint Venture will also produce a basic module for
their robotic line at a markedly reduced price, giving GeckoSystems
a huge competitive advantage in commercial markets such as
healthcare, security, and a variety of government applications.
"This will put GeckoSystems' technology and proprietary software
at the forefront of the global market. We are excited to get
started. What we have announced so far is really just the beginning
of the potential in the marketplace," stated Mr. Hajime Yasumatsu, Chairman, Yasu, Inc.,
GeckoSystems' Asian Business Development Consultant.
"Our timing could not be better; the Chinese healthcare system
is being upgraded to 21st century standards and our technology and
software will be part of that upgraded. The potential going forward
with all of our technologies is nearly unlimited. We look forward
to rewarding our 1300+ GOSY stockholders the ROI they deserve,"
concluded Martin Spencer,
President/CEO, GeckoSystems Intl. Corp.
An audio interview with Mr. Spencer discussing some aspects of
the impact of this Chinese JV can be found at:
Interview with Martin Spencer,
CEO of GeckoSystems International (OTCMarkets: GOSY)
http://www.youtube.com/watch?v=NT-hiqUpyLw
Information on GeckoSystems collision proof wheelchair be found
at:
http://www.geckosystems.com/markets/wheelchair.php
A discussion of GeckoSystems' proprietary technology can be
found at:
http://www.geckosystems.com/technologies/
About GeckoSystems:
GeckoSystems has been developing innovative robotic technology
for over fourteen years. It is CEO Martin Spencer's dream to make people's lives
better through robotic technology, with a focus on Mobile Service
Robots (MSRs). The MSR market is just coming of age.
There are many subgroups of service robots, personal assistance
robots, professional assistance robots, social assistance robots,
healthcare robots and care giving robots. Many of the robotic
platforms now on the market are classified as "software ready" but
they do not have integrated software and mechanical systems.
GeckoSystems has developed the CareBot hardware and software in
tandem for a specific application, the CareBot elder care
robot.
In just this last year the market for Mobile Service Robots has
started to expand. GeckoSystems received a request from
Imasen, Japan's oldest wheelchair
maker, to migrate the CareBot's navigation system to their power
wheelchair. As a result of this, GeckoSystems created
the "Collision Proof Wheelchair" with
CyberMobility™. The company expects their
"collision proof" wheelchair and an upgrade for existing
wheelchairs will be the first product of this sort to be
marketed.
The CareBot has completed Alpha trials, which showed that
families readily accepted the unit along with their elderly loved
ones. It was tested in a home care setting and received
enthusiastic support from both caregivers and care receivers.
The company believes that the CareBot will enhance the safety and
well being of its elderly charges while decreasing stress on the
caregiver and the family.
The company believes that the CareBot should be the first
product that is introduced to the retail market because of its very
strong return on investment potential for care giving families.
CareBot ROI, a Wise Family Decision
http://www.geckosystems.com/markets/CareBot_ROI.php
At this time, Gecko Systems is preparing for Beta testing of the
CareBot prior to full-scale production and marketing.
Kinect Enabled Personal Robot video:
http://www.youtube.com/watch?v=kn93BS44Das
Above, the CareBot demonstrates static and dynamic obstacle
avoidance and backs in and out of a narrow alley. There
is no joystick control or programmed path; movements are smoother
that those achieved using a joystick control. AI creates
three low levels of obstacle avoidance: reactive, proactive, and
contemplative. Subsumptive AI behavior enables the CareBot to
reach its target destination after engaging in obstacle
avoidance.
One CareBot™ One Family
http://www.youtube.com/watch?v=xxK46chfP6A
GeckoSystems stock is quoted in the U.S. over-the-counter
(OTC) markets, on the Pink OTC Current Information tier, under the
ticker symbol GOSY.
Telephone:
Main number: 1-866-CAREBOT (227-3268)
International: +1 678-413-9236
Fax: +1 678-413-9247
Website: http://www.geckosystems.com
Safe Harbor:
Statements regarding financial matters in this press release
other than historical facts are "forward-looking statements" within
the meaning of Section 27A of the Securities Act of 1933, Section
21E of the Securities Exchange Act of 1934, and as that term is
defined in the Private Securities Litigation Reform Act of 1995.
The Company intends that such statements about the Company's future
expectations, including future revenues and earnings, technology
efficacy and all other forward-looking statements be subject to the
Safe Harbors created thereby. The Company is a development stage
firm that continues to be dependent upon outside capital to sustain
its existence. Since these statements (future operational results
and sales) involve risks and uncertainties and are subject to
change at any time, the Company's actual results may differ
materially from expected results.
SOURCE GeckoSystems Intl. Corp.
