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GeckoSystems' Japanese Mobile Robot Joint Ventures Accelerating

GeckoSystems' Japanese Mobile Robot Joint Ventures Accelerating.

articleGeckosystems International CorpJanuary 19, 20164/company/geckosystems-international-corp/news/geckosystems-japanese-mobile-robot-joint-ventures-accelerating
GeckoSystems' Japanese Mobile Robot Joint Ventures Accelerating

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[{"type":"text","content":"\n \n Normal\n 0\n \n \n\n\n\n \n Normal\n 0\n \n \n\n\nCONYERS,\nGA--(January 19, 2016) - GeckoSystems Intl. Corp. (OTC: GOSY) announced\nthat due to the Japanese government's significant monetary subsidization of\npersonal robots for eldercare (90% paid by the Japanese national healthcare\nsystem) that the most recent robot company desiring to partner with\nGeckoSystems is \"in a hurry.\" \nFor over eighteen years GeckoSystems has dedicated itself to development\nof \"AI Mobile Robot Solutions for\nSafety, Security and Service(tm).\"\n\n \n\n\"I\nam pleased to report that due to the continued hard work of our longtime\nJapanese representative, Mr. Fujii Katsuji, we have again achieved demonstrable\nprogress securing viable joint ventures in Japan. This latest, one of several\njoint ventures ongoing and/or being entertained, is particularly significant\ndue to the breadth and depth of the robotics expertise of this company and\ntheir insistence we meet them as soon as possible in Japan to sign the JV\nagreement. We found them while looking for the technologists with the\nappropriate education, skills and experience to assist Fubright Communications,\nLtd. and us in migrating our automatic self-navigation mobile robot software, GeckoNav(tm),\nto SoftBank Robotics' Pepper robot such that it would have cost effective,\nutilitarian mobility. Given the speed with which this latest JV partner\nprospect signed our Safety Clause NDA, we are all the more convinced of their\nunderstanding of complex robotics systems,\" commented Martin Spencer, CEO,\nGeckoSystems Intl. Corp..\n\n \n\nDue\nto the sophistication, experience and stature of this premier robotics company,\nthey are no doubt cognizant that the Japanese government is funding eldercare\nspecific robotics R&D at the rate of 75%. Further, Japan's national health\ninsurance pays 90% of the monthly cost of eldercare capable personal robots\nsuch as the Pepper from SoftBank Robotics. \nGiven that foregoing reality, it comes as no surprise that this new\npartner is \"in a hurry\" to get started on their JV with GeckoSystems.\n\n \n\n\"In the\nlast two years, the CEO of SoftBank, (which controls Sprint here in the U.S.)\nhas publicly stated that they had spent about $200,000,000 to develop their\nPepper personal robot for family care. Recently twenty percen...

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