GeckoSystems Intl. Corp. (/exchange>PINKSHEETS/exchange>>/>: GCKO) (http://www.geckosystems.com/) announced today that a 2009 year's end letter from their CEO can be viewed at their website, or Pinksheets.com. GeckoSystems is a dynamic leader in the emerging Mobile Service Robot industry revolutionizing their development and usage with "Mobile Robot Solutions for Safety, Security, and Service™."
"Last year was tumultuous for many, if not most small businesses in the U.S. I have written this open letter to our stockholders to discuss in context the recent financial challenges we have faced and the measures we have taken to minimize, if not eliminate them. In the letter I have discussed, in detail, the changes we made in our capitalization structure in order to not only survive, but also continue to increase the price per share and increase stockholder value," reflected Martin Spencer, President/CEO, GeckoSystems.
Like an automobile, mobile robots are made from steel, aluminum, plastic, and electronics, but with ten to twenty times the amount of software running. The CareBot has an aluminum frame, plastic shroud, two independently driven wheels, multiple sensor systems, microprocessors and several onboard computers connected in a local area network (LAN). The microprocessors directly interact with the sensor systems and transmit data to the onboard computers. The onboard computers each run independent, highly specialized cooperative/subsumptive artificial intelligence software programs, GeckoSavants™, which interact to complete tasks in a timely, intelligent and common sense manner. GeckoNav™, GeckoChat™ and GeckoTrak™ are primary GeckoSavants. GeckoNav is responsible for all fully autonomous maneuvering, such as avoiding dynamic and/or static obstacles, running errands and patrolling. GeckoChat is responsible for interaction with the care-receiver such as answering questions, assisting with daily routines and reminders, and responding to other verbal commands. GeckoTrak, which is mostly transparent to the user, enables the CareBot to maintain proximity to the care receiver using sensor fusion. The CareBot is an internet appliance that is accessible for remote video/audio monitoring and telepresence.
"Our modest success in securing funding the fourth quarter of last year, coupled with the continuing success of our world's first in home personal companion elder care robot trials, has us very excited and genuinely looking forward to a great 2010," concluded Spencer.
SOURCE: GeckoSystems Intl. Corp.