Business
GeckoSystems to Sign Joint Venture Agreement with Premier Japanese Robotics Co.
GeckoSystems to Sign Joint Venture Agreement with Premier Japanese Robotics Co..
About this update from Geckosystems International Corp
[{"type":"text","content":"\n \n Normal\n 0\n \n \n GeckoSystems Intl. Corp. (OTC: GOSY) announced that its CEO, Martin Spencer, has been invited by the CEO of a prominent Japanese robotics company to meet for the purpose of signing a joint venture agreement. For over eighteen years GeckoSystems has dedicated itself to development of \"AI Mobile Robot Solutions for Safety, Security and Service(tm).\" \"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 this company and their insistence we meet them next month in Japan to sign the JV agreement,\" commented Spencer.Late last year, GeckoSystems had their white paper on Worst Case Execution (reflex or reaction) Time sufficient for mobile service robots' safe usage proximate to humans, translated into Japanese. Mr. Katsuji has been presenting that seminal discussion to many Japanese robotics companies.That paper explains the importance of GeckoSystems' breakthrough, proprietary, and exclusive AI software and why this top Japanese robotics company desires to enter a contractual joint venture relationship with GeckoSystems.\"Through this new agreement, we will enjoy additional licensing revenues that will enable us to further increase shareholder value,\" concluded Spencer.#\n \n Normal\n 0\n \n \n\n\nSafe\nHarbor: \n\n Statements\nregarding financial matters in this press release other than historical facts\nare \"forward-looking statements\" within the meaning of Section 27A of\nthe Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934,\nand as that term is defined in the Private Securities Litigation Reform Act of\n1995. The Company intends that such statements about the Company's future\nexpectations, including future revenues and earnings, technology efficacy and\nall other forward-looking statements be subject to the Safe Harbors created\nthereby. The Company is a development stage firm that continues to be dependent\nupon outside capital to sustain its existence. Since these statements (future\noperational results and sales) involve risks and uncertainties and are subject\nto cha...