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GeckoSystems' Japanese JV Securing $1,000,000 for Eldercare Companion Robot R&D

GeckoSystems' Japanese JV Securing $1,000,000 for Eldercare Companion Robot R&D.

articleGeckosystems International CorpApril 28, 20165/company/geckosystems-international-corp/news/geckosystems-japanese-jv-securing-dollar1000000-for-eldercare-companion-robot-randd
GeckoSystems' Japanese JV Securing $1,000,000 for Eldercare Companion Robot R&D

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[{"type":"text","content":"\n \n \n GeckoSystems' Japanese JV Securing $1,000,000 for Eldercare Companion Robot R&D\n \n \nGeckoSystems' Japanese JV Securing $1,000,000 for Eldercare Companion Robot R&D\n \n CONYERS, GA--(Marketwired - Apr 28, 2016) - GeckoSystems Intl. Corp. (OTC PINK: GOSY) (http://www.geckosystems.com/) announced today that the company is partnering with IC Corp. Ltd. (ICCL), in their submission to the Japanese government for a $1,000,000 grant to adapt GeckoSystems' AI mobile robot solutions to the Japanese market place. For over eighteen years GeckoSystems has dedicated itself to development of \"AI Mobile Robot Solutions for Safety, Security and Service(tm).\"\n \"I am pleased to report that due to the continued hard work of one of our Japanese representatives, Mr. Fujii Katsuji, we have again achieved demonstrable progress securing viable joint ventures in Japan. This latest, one of several joint ventures being entertained, is particularly significant due to the breadth and depth of the robotics expertise of ICCL (http://www.ic-corp.jp/) and their insistence we meet them as soon as is prudent in Japan to sign the JV agreement,\" commented Martin Spencer, CEO, GeckoSystems Intl. Corp.\n 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. Further, 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 \n \"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.\n GeckoSystems has already done primary market research, focus group market research, and the most extensive in home personal robot trials in the world.\n Due to GeckoSystems' world's first in home personal mobile robot trials that have been conducted ...

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