CONYERS, GA -- May 16, 2016 -- InvestorsHub NewsWire
-- GeckoSystems Intl. Corp. (Pink Sheets: GOSY | http://www.geckosystems.com/) announced today that two
long time Japanese partners, iXs, Ltd., (iXs) and Fubright
Communications Corp. (FCC), demonstrated the companys BaseBot(tm)
mobile robot known as Lou to IC Corp., Ltd. (ICCL) senior
management last week. For over eighteen years GeckoSystems has
dedicated itself to development of "AI Mobile Robot Solutions for
Safety, Security and Service(tm)."
The demonstration of GeckoSystems loose crowd level of mobile
robot autonomously self-ambulating to the seven CEOs and senior
management of these international robotics firms was an unqualified
success. They represent, in total, over seventy years of experience
in complex robotics systems design, deployment and support. While
the demo was done at FCCs R&D lab, Lou is being relocated to
ICCLs new, three times larger, facility this week.
An earlier third party verification of GeckoSystems AI centric,
human quick sense and avoidance of moving and/or unmapped obstacles
by one of their mobile robots can be viewed here: http://t.co/NqqM22TbKN
GeckoSystems CEO is traveling to Japan Friday of this week to
sign one or more AI software licensing deals as a result of their
long time Japanese agents (Mr. Fujii Katsuji) representation in
Japan. The increased interest from Japan in the companys AI mobile
robot solutions is due, in part, to the translation of the Companys
Worst Case Execution Time (WCET, aka reflex or reaction time) white
paper from English to Japanese late last year by Dr. Ru Wang, a
physicist. That paper explains the importance of GeckoSystems'
breakthrough, proprietary, and exclusive AI software and why this
premier Japanese robotics company, ICCL, desires to enter a
contractual joint venture relationship with GeckoSystems.
Certainly I am pleased to be going on my second trip to Japan in
the last eighteen months. Not only will I be strengthening existing
relationships, but consummating at least one, if not two or more,
significant licensing agreements, reflected Martin Spencer, CEO,
GeckoSystems Intl. Corp.
Last year, on July 8th, FCC published this press release: Pepper
Application R&D About Collaborative R&D of Autonomous
Self-Driving Service Robot http://tinyurl.com/hlqz6bw
Here are the noteworthy excerpts from this press release:
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"Fubright Communications Co., Ltd., Tokyo Japan and GeckoSystems
Intl. Corp., the Service Robot Development company of the United
States have agreed to do collaboration in R&D and marketing of
the advanced safe autonomous self-traveling service robot.
"Fubright Communications Inc. a well-known specialist of nursing
care service system will aim at the area especially elderly care /
watch field and develop a service robot that reduces the burden of
the elderly / nursing care workers using advanced AI technologies
which GeckoSystems, Inc. has been developing over the years.
"Both companies are confident that their advanced safe service
robot will contribute to the Japan rapidly aging society helping
elderlies live safer and easier."
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Having the support of both iXs and FCC, and now ICCL, further
confirms GeckoSystems' expertise to potential joint venture
partners and licensees in the Pacific Rim.
"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 had their safety clause Non-Disclosure
Agreement (NDA) with iXs Research Corp. since April of 2013 and
with Fubright Communications, Ltd. since April of 2015. IC Corp.
Ltd. has been under NDA since December of 2015. GeckoSystems
effectuated a Memorandum of Understanding (MOU) with iXs in May of
2013: http://tinyurl.com/hhsc5c8 The MOU is significant due
to iXs' stature as an exporter of several robotic systems and
subsystem products that are sold globally. Further, iXs designs and
manufactures its own line of humanoid robots in addition to
components for their domestic Japanese robot industry.
The Japanese government is very concerned about their Silver
Tsunami. 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. Consequently, 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
In order for any companion robot to be utilitarian for family
care, it must be a "three legged milk stool." For any mobile robot
to move in close proximity to humans, it must have:
(1) Human quick reflex time to avoid moving and/or unmapped
obstacles, (GeckoNav(tm): http://tinyurl.com/le8a39r) (See the
importance of Worst Case Execution Time (WCET) discussion
below.)
(2) Verbal interaction (GeckoChat(tm): http://tinyurl.com/nnupuw7) with a sense of date and
time (GeckoScheduler(tm): http://tinyurl.com/kojzgbx), and
(3) Ability to automatically find and follow designated parties
(GeckoTrak(tm): http://tinyurl.com/mton9uh) such that verbal
interaction can occur routinely with video and audio monitoring of
the care receiver uninterrupted.
Spencer recently met with local representatives of the Japan
Export Trade Organization (JETRO) in Atlanta, GA. JETRO was founded
in 1951 by the Japanese government to facilitate international
trade with Japan. As a result of that meeting, Messrs. Nabeta,
Fujii and Spencer will be meeting with JETRO representatives in
Tokyo on Tuesday May 31st to discuss the JETRO subsidies available
for Japanese eldercare robot product development.
"Certainly, on both sides of the Pacific, we are doing as much
as is prudent 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. After
many years of patience by our current 1300+ stockholders, they can
continue to be completely confident that this new,
multi-million-dollar licensing agreement to be signed while I am in
Japan further substantiates and delineates the reality that
GeckoSystems will enjoy additional licensing revenues to further
increase shareholder value," concluded Spencer.
The safety requirement for human quick WCET reflex time in all
forms of mobile robots:
In order to understand the importance of GeckoSystems'
breakthrough, proprietary, and exclusive AI software and why
another Japanese robotics company desires a business relationship
with GeckoSystems, its key to acknowledge some basic realities for
all forms of automatic, non-human intervention, vehicular
locomotion and steering.
1. Laws of Physics such as Conservation of Energy, inertia, and
momentum, limit a vehicles ability to stop or maneuver. If, for
instance, a cars braking system design cannot generate enough
friction for a given road surface to stop the car in 100 feet after
brake application, thats a real limitation. If a car cannot corner
at more than .9g due to a combination of suspension design and road
conditions, that, also, is reality. Regardless how talented a
NASCAR driver may be, if his race car is inadequate, hes not going
to win races.
2. At the same time, if a car driver (or pilot) is tired,
drugged, distracted, etc. their reflex time becomes too slow to
react in a timely fashion to unexpected direction changes of moving
obstacles, or the sudden appearance of fixed obstacles. Many car
"accidents" result from drunk driving due to reflex time and/or
judgment impairment. Average reflex time takes between 150 &
300ms. http://tinyurl.com/nsrx75n
3. In robotic systems, "human reflex time" is known as Worst
Case Execution Time (WCET). Historically, in computer systems
engineering, WCET of a computational task is the maximum length of
time the task could take to execute on a specific hardware
platform. In big data, this is the time to load up the data to be
processed, processed, and then outputted into useful distillations,
summaries, or common sense insights. GeckoSystems' basic AI
self-guidance navigation system processes 147 megabytes of data per
second using low cost, Commercial Off The Shelf (COTS) Single Board
Computers (SBC's).
4. Highly trained and skilled jet fighter pilots have a reflex
time (WCET) of less than 120ms. Their "eye to hand" coordination
time is a fundamental criterion for them to be successful jet
fighter pilots. The same holds true for all high performance forms
of transportation that are sufficiently pushing the limits of the
Laws of Physics to require the quickest possible reaction time for
safe human control and/or usage.
5. GeckoSystems' WCET is less than 100ms, or as quick, or
quicker than most gifted jet fighter pilots, NASCAR race car
drivers, etc. while using low cost COTS and SBC's
6. In mobile robotic guidance systems, WCET has 3 fundamental
components.
a. Sufficient Field of View (FOV) with appropriate granularity,
accuracy, and update rate.
b. Rapid processing of that contextual data such that common
sense responses are generated.
c. Timely physical execution of those common sense
responses.
About GeckoSystems:
GeckoSystems has been developing innovative robotic technologies
for fifteen years. It is CEO Martin Spencer's dream to make
people's lives better through robotic technology.
An overview of GeckoSystems' progress containing over 700
pictures and 120 videos can be found at http://www.geckosystems.com/timeline/.
These videos illustrate the development of the technology that
makes GeckoSystems a world leader in Service Robotics development.
Early CareBot prototypes were slower and frequently pivoted in
order to avoid a static or dynamic obstacle; later prototypes
avoided obstacles without pivoting. Current CareBots avoid
obstacles with a graceful bicycle smooth motion. The latest videos
also depict the CareBot's ability to automatically go faster or
slower depending on the amount of clutter (number of obstacles)
within its field of view. This is especially important when
avoiding moving obstacles in loose crowd situations like a mall or
an exhibit area.
In addition to the timeline videos, GeckoSystems has numerous
YouTube videos. The most popular of which are the ones showing
room-to-room automatic self-navigation of the CareBot through
narrow doorways and a hallway of an old 1954 home. You will see the
CareBot slow down when going through the doorways because of their
narrow width and then speed up as it goes across the relatively
open kitchen area. There are also videos of the SafePath(tm)
wheelchair, which is a migration of the CareBot AI centric
navigation system to a standard power wheelchair, and recently
developed cost effective depth cameras were used in this recent
configuration. SafePath(tm) navigation is now available to OEM
licensees and these videos show the versatility of GeckoSystems'
fully autonomous navigation solution.
GeckoSystems, Star Wars Technology
http://www.youtube.com/watch?v=VYwQBUXXc3g
The company has successfully completed an Alpha trial of its
CareBot personal assistance robot for the elderly. 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 increase the safety and well being of its elderly
charges while decreasing stress on the caregiver and the
family.
GeckoSystems is preparing for Beta testing of the CareBot prior
to full-scale production and marketing. CareBot has recently
incorporated Microsoft Kinect depth cameras that result in a
significant cost reduction.
Kinect Enabled Personal Robot video:
http://www.youtube.com/watch?v=kn93BS44Das
Above, the CareBot demonstrates static and dynamic obstacle
avoidance as it backs in and out of a narrow and cluttered alley.
There is no joystick control or programmed path; movements are
smoother that those achieved using a joystick control. GeckoNav
creates three low levels of obstacle avoidance: reactive,
proactive, and contemplative. Subsumptive AI behavior within
GeckoNav enables the CareBot to reach its target destination after
engaging in obstacle avoidance.
More information on the CareBot personal assistance robot:
http://www.geckosystems.com/markets/CareBot.php
GeckoSystems stock is quoted in the U.S. over-the-counter (OTC)
markets under the ticker symbol GOSY. http://www.otcmarkets.com/stock/GOSY/quote
GeckoSystems uses http://www.LinkedIn.com as its
primary social media site for investor updates. Here is Spencer's
LinkedIn.com profile:
http://www.linkedin.com/pub/martin-spencer/11/b2a/580
Telephone:
Main number: +1 678-413-9236
Fax: +1 678-413-9247
Website: http://www.geckosystems.com/
Source: GeckoSystems Intl. Corp.
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.