CONYERS, GA — (Marketwired) — 12/04/15 — GeckoSystems Intl. Corp. (OTC PINK: GOSY) () announced today that they are honored to be included in the same league such as Adept Technology, KUKA, Honda, iRobot, John Deere, Seegrid, and Harvest Automation by the international market research firm, QYResearch. For over eighteen years GeckoSystems has dedicated itself to development of “AI Mobile Robot Solutions for Safety, Security and Service(tm).”
“For the last 5-7 years, we have been rated 2-3 times each year as amongst the top 5-10 in the world for our prowess in mobile robotics. What is unique about this unsolicited third party report is that this international market research firm is headquartered in China and has a significant Chinese business clientele. This is unexpected and significant credible exposure is in the world–s largest market for eldercare capable personal robots. The fortuitous timing confluence is due in part to the Chinese having a worse eldercare crisis than Japan, the US, or the EU due to their decades of one child per family. The Chinese refer to this as their –four two one– problem in that four grandparents have only one grandchild to care for them in their twilight years,” stated Martin Spencer, CEO, GeckoSystems.
Here is QYResearch–s summary of their report:
The Global Mobile Robotics Industry 2015 Market Research Report is a professional and in-depth study on the current state of the Mobile Robotics industry.
The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Mobile Robotics market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status.
Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand figures, cost, price, revenue and gross margins.
The report focuses on global major leading industry players providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out. The Mobile Robotics industry development trends and marketing channels are analyzed. Finally the feasibility of new investment projects is assessed and overall research conclusions offered.
With 200 tables and figures the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
GeckoSystems continues to gain market traction in the US, Japan, and now China due to their extraordinary Worst Case Execution Time (WCET), which enables real time sense and avoid of moving and/or unmapped obstacles with little or no human intervention.
Fubright Communications Company won SoftBank–s Pepper robot software contest against several dozens of competitors late last year, and, recently, again this year, for the second year in a row, with an app known as Ninnin Pepper. Ninnin allows the Pepper robot to assist in waking up dementia patients and take their scheduled medicines on time. Pepper also reports to a doctor via Internet if the patient did not consume their pills. On a daily basis, the robot communicates with the patient by asking about their family to stimulate memory and the touch screen tablet on its chest has the capability to send and receive pictures and messages from a family member. ()
SoftBank is encouraging and seeking apps for their Pepper robot just as they seek apps for the smart phones they sell in Japan, and as Apple does for its smart phones. GeckoSystems alliance with Fubright enables greater credibility, and acceptance by Japanese users for GeckoSystems and consequently enhances sales growth and licensing revenues.
Presently the Pepper robot lacks the fundamental and necessary functionality to safely run errands and automatically follow the care receiver such that it has a compelling value proposition for potential users. Again, real time sense and avoid moving of unmapped obstacles is a functional deficiency that precludes the Pepper from fully exploiting Fubright–s double, year-to-year win of SoftBank–s Pepper software contest with their “Ninnin Pepper” for aiding those challenged by dementia. This need coupled with the robustness, maturity and ease of migration of to the Pepper is why Fubright has partnered with GeckoSystems.
“We are headed up north next week to structure a significant investment with some investment bankers and their high net worth clientele. They understand that we have a sustainable competitive advantage with our GeckoNav that virtually no other mobile robot company in the world has. For example, none of the companies we are listed with ever discuss their WCET specification and/or ability to real time sense and avoid moving, unforeseen and/or unmapped obstacles. It is a truism is mobile robotics that robotics tech that the company never talks about is because they simply do not have that capability. We talk about it a lot since linchpin for safety,” commented Spencer.
“This is occurring as we continue to make progress in Japan establishing the joint venture by hiring key employees to assist Fubright and our Special Project Team to migrate our AI robot self navigation software to SoftBank–s Pepper personal mobile robot. Our shareholders can be assured that management continues to work daily to maximize their investments in GeckoSystems,” concluded Spencer.
QYResearch established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, database and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), experts resources (included energy automotive chemical medical ICT consumer goods etc industries experts who own more than 10 years experiences on marketing or R&D), professional survey team (the team member with more than 3 years market survey experience and more than 2 years depth expert interview experience), Excellent data analysis team (SPSS statistics and PPT graphics process team); QYResearch has always pursuit product quality, adhere to the quality is the soul of business. Through the company–s years of effort and a lot of customer support, QYResearch consulting group creative design method of many high-quality markets investigation and research team with rich experience. Today, QYResearch brand has become the consulting industry with quality assurance consulting brand. The company has 2500 global well-known customers, covering energy automobile pharmaceutical chemical agriculture more than 30 industries, services from the data analysis and recommendations-Consulting landing one-stop solution, and research regions cover China,US,EU, Asia, Middle East and Africa, South America, Australia, etc. Global all regions, and also built research or marketing center in China, USA, UK, France, Hong Kong, etc. regions. Currently, QYResearch has become the first choice and worth trusted consulting brand in Global and China business consulting services.
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In order to understand the importance of GeckoSystems– breakthrough, proprietary, and exclusive AI software and why this top five defense contractor desires to enter a contractual relationship with GeckoSystems, it–s essential to discuss some basic realities for all forms of automatic, non-human intervention, vehicular locomotion and steering to be deemed “self driving” and/or “driverless.”
1. Laws of Physics such as Conservation of Energy, inertia, and momentum, limit a vehicle–s ability to stop or maneuver. If, for instance, a car–s braking system design cannot generate enough friction for a given road surface to stop the car in 100 feet after brake application, that–s 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, he–s 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.
3. In robotic systems, “human reflex time” is known as Worst Case Execution Time (WCET). Historically, in computer systems engineering, WCET of a task is the maximum length of time the task could take to execute on a specific platform. In big data, this is the time to load up the data to be processed, processed, and then outputted into a 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.
Due to the quickness of GeckoSystems– WCET, nearly all forms of all vehicles can achieve the ability to real time sense and avoid of moving, and/or unforeseen (unmapped) obstacles. This is the fundamental reason this major defense contractor wishes to have a proposal submitted from GeckoSystems. Not only can their land-based vehicles be safer and more autonomous (nearly no emergency human intervention), but also all forms of drones including boats, aircraft, undersea vehicles, and more.
Those organizations and firms that do not have videos portraying that their robotic vehicles– (drones, driverless cars, self driving cars, etc.) abilities to timely sense and avoid moving obstacles, simply cannot do so, as GeckoSystems can:
All mobile robotic vehicles are therefore unsafe for human usage unless the AI “driver” is jet fighter pilot reflex quick and not “drugged, distracted, or lacking good enough vision” to be allowed to drive in public, people congested areas.
As a result of GeckoSystems worldwide preeminence in this essential WCET parameter, for several years running now, GeckoSystems has been identified many times as one of the top five to top ten mobile service robot companies in the world. Several internationally renowned market research firms, such as Research and Markets, have named GeckoSystems as one of the key market players in the mobile robotics industry.
Robotic systems are looked at as the future assistants that are designed to help people to do what they want to do in a natural and spontaneous manner. Moreover, with the emergence of ubiquitous computing and communication environments, robots will be able to call upon an unlimited knowledge base and coordinate their activities with other devices and systems. Additionally, the growing spread of ubiquitous computing will lead to robot technologies being embedded into ubiquitous ICT networks to become human agents of physical actions, enhancing and extending the physical capabilities and senses.
The report focuses on giving a detailed view of the complete service robotics industry with regards to the professional and personal applications as well as the geography market. Apart from the market segmentation, the report also includes the critical market data and qualitative information for each product type along with the qualitative analysis; such as Porter–s five force analysis, market time-line analysis, industry breakdown analysis, and value chain analysis. The global service robotics market is estimated to reach up to $19.41 billion by 2020 growing at a CAGR of 21.5% from 2014 to 2020.
The report recognizes the following companies as the key players in the Global Service Robot Market: GeckoSystems Intl. Corp., Honda Motor Co. Ltd., iRobot Corp. and Toyota Motor Corp.
From Forbes:
makes some key points:
* The multibillion-dollar global market for robotics, long dominated by industrial and logistics uses, has begun to see a shift toward new consumer and office applications. There will be a $1.5 billion market for consumer and business robots by 2019.
* The market for consumer and office robots will grow at a CAGR of 17% between 2014 and 2019, seven times faster than the market for manufacturing robots.
Note: BusinessInsider.com –s forecasts do not include pent up demand for family care social robots anywhere in the world.
GeckoSystems has been developing innovative robotic technologies for over eighteen 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 .
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 navigation is now available to OEM licensees and these videos show the versatility of GeckoSystems– fully autonomous navigation solution.
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.
CareBot has incorporated Microsoft Kinect depth cameras that result in a significant cost reduction.
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:
GeckoSystems stock is quoted in the U.S. over-the-counter (OTC) markets under the ticker symbol GOSY.
Here is a stock message board devoted to GOSY recommended by us:
GeckoSystems uses LinkedIn and Twitter as its primary social media site for investor updates.
Spencer tweets as @GrandpaRobot
Telephone: 678-413-9288
Main number: +1 678-413-9236
Fax: +1 678-413-9247
Website:
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.
Media Contact:
Martin Spencer
678-413-9288
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