GeckoSystems Recaps Robotics Joint Venture Discussions
During Japan Trip
CONYERS, GA -- June 6, 2016 -- InvestorsHub NewsWire --
GeckoSystems Intl. Corp. (Pink Sheets: GOSY | http://www.geckosystems.com/) announced today that
their CEO, Martin Spencer, had returned from a surprisingly
successful two-week business trip to Japan. For over eighteen years
GeckoSystems has dedicated itself to development of "AI Mobile
Robot Solutions for Safety, Security and Service(tm)."
Prior to going to Japan, 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.
While in Japan, GeckoSystems CEO met with:
Messrs. Takeski Nabeta, President, and Shinobu Trauchi,
Director, of ICCL to discuss and sign a JV agreement. Prior to the
meeting their president stated, "We are very much looking forward
to meet with Mr. Spencer and discuss the large Japanese market for
'welfare robots.'"
Mr. Shunji Iyama, CEO, FCC, to discuss JV artificial
intelligence synergies regarding eldercare capable personal
robots.
Messrs. Akhiro Suzuki, CEO, and Akiyoshi Ohnishi, Manager, LIFE
Corp. to discuss JV robotic healthcare opportunities vis a vis
SafePath(tm).
Mr. Tsunenori Kato, President/CEO, Ifoo Company Ltd., to discuss
JV for welfare (caregiving) robots.
Mistresses Hisae Uchiyama, Tomoko Itaya, and Yuri Yamada, Deputy
Director, and Mr. Hidenori Kato, Business Advisor, Japan External
Trade Organization (JETRO), to discuss JETRO assistance for foreign
businesses wishing to joint venture with Japanese companies.
Messrs. Hieaki Oshima, Assistant Manager, Electronic Materials
Division; Kazuyoshi Uetake, General Manager, Electronic Materials
Division; and Masakazu Hasegawa, General Manager, Electronic
Component Materials Dept., KISCO Ltd. to discuss Worst Case
Execution Time (WCET or reflex time), self-driving car Field of
View (FOV) requirements for safety, and the three legged milk stool
requirements for viable, practical home robots.
GeckoSystems CEO traveled to Japan for two weeks 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 WCET
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, and others desire to enter
a contractual joint venture relationship with GeckoSystems.
Certainly I am pleased with my second trip to Japan in the last
eighteen months. Not only did I strengthen existing relationships
and develop two new, strategic ones, but consummated one
significant licensing agreement, to be followed by more in the
coming days and weeks, reflected Martin Spencer, CEO, GeckoSystems
Intl. Corp.
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.
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 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 met with JETRO representatives in Tokyo on
Tuesday May 31st to discuss the JETRO subsidies available for
Japanese eldercare robot product development.
"This latest JV continues to progress robustly, such that
GeckoSystems will enjoy additional licensing revenues that will
enable us to 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 signed while I was in Japan further substantiates and
delineates the reality that GeckoSystems will continue to enjoy
additional licensing revenues increasing 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.
