GeckoSystems Reveals Eldercare Capable Personal Robot Sales Forecasts



    CONYERS, Ga., May 18 /CNW/ -- GeckoSystems Intl. Corp. (Pink Sheets:  
GCKO) announced today their eldercare capable personal robot sales forecasts
for the years 2010 to 2014.  GeckoSystems is a dynamic leader in the emerging
Mobile Service Robot (MSR) industry revolutionizing their development and
usage with "Mobile Robot Solutions for Safety, Security and Service(tm)."

    "We have always been a market driven company. At the time of our
founding, nearly twelve years ago, we did extensive primary market research to
determine the demographic profile of the early adopters of our then proposed
CareBot(tm) MSR product.  Subsequent to, and based on that original market
research, we have assembled numerous focus groups to evaluate the benefit of
our CareBots' design goals into the participant's lives and their expected
usage. We have also frequently employed the Delphi market research
methodology. We used factual, statistically valid data of internally performed
primary and secondary market research, and third party research by reputable
organizations such as the U.S. Census Bureau, MetLife, ABI Research, Strategy
Analytics, the United Nations, et al. While our forecasts may seem optimistic,
their magnitude does explain the formidable international competition we face
from Japan, South Korea, France, Germany and the U.S.  For example, the
Japanese government has granted over $100M in R&D funding for the successful
development of eldercare home robots amongst their leading international
manufacturers in the last ten years," elaborated Martin Spencer,
President/CEO.

    "We project the available market size in dollars for cost effective,
utilitarian, multitasking eldercare personal robots in 2010 to be $74.0B, in
2011 to be $77B, in 2012 to be $80B, in 2013 to be $83.3B, and in 2014 to be
$86.6B.  With market penetrations of 0.03% in 2010, 0.06% in 2011, 0.22% in
2012, 0.53% in 2013, and 0.81% in 2014, we will anticipate sales, from this
consumer market segment, only, of $22.0M, $44.0M, $176M, $440.2M, and $704.3M,
respectively.  We expect these sales despite -- and perhaps because of -- the
present recession due to pent up demand for significant cost reduction in
eldercare expenses," concluded Spencer.
    

    About GeckoSystems International Corporation:
    
    In the nearly twelve years since its founding, GeckoSystems has developed
a suite of proprietary, fundamental technologies that enable their robots to
automatically self-navigate the home or workplace using advanced sense and
avoid technologies for reliable, unattended collision avoidance while
patrolling, following and/or errand running. The Company's business model is
very much like that of an automobile manufacturer.

    The Company's mobile robot solutions are appropriate for the consumer,
professional healthcare, commercial security/public safety and defense
markets.  The consumer needs cost effective family care assistance for their
children, chronically ill, and elderly family members with remote monitoring
and adverse event notification.  Professional healthcare needs cost effective
errand running, portable telemedicine, etc.
    

    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.


    
    Contact:
    http://www.GeckoSystems.com
    or
    Investor Relations: 1-866-227-3268
    International: +1 678-413-9236





    




For further information:

For further information: GeckoSystems Intl. Corp., Investor Relations:
1-866-227-3268, or International: +1-678-413-9236 Web Site:
http://www.GeckoSystems.com

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GECKOSYSTEMS INTL. CORP.

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