Navigation Links
U.S. Mobile Robot Co. Reveals Pacific Rim Sales Forecasts
Date:5/14/2009

CONYERS, Ga., May 14 /PRNewswire-FirstCall/ -- GeckoSystems Intl. Corp. (Pink Sheets: GCKO) announced today their Pacific Rim personal robot sales forecasts in the eldercare markets 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)."

For over ten years the company has had numerous market size discussions with significant international firms in China, Japan, South Korea, Hong Kong, and Taiwan. The Delphi market research methodology indicates two disparate markets in China: One is the very large market segment (i.e. many millions of families) of new millionaires looking to make prestige purchases of new Buicks, etc. Last month GM sold over 38,000 Buicks in China. At an annual run rate of over $10B, these prestige purchasers are very profitable for GM and can be for GeckoSystems. The other significant Chinese market is for care of the 20,000,000 plus elderly living in dormitories due to their only child working in the industrialized cities. These two market segments alone indicate a Chinese marketplace of several billions of dollars in the next five to seven years.

In the last decade, the Japanese government has granted over $100M in aggregate R&D funding to their leading international manufacturers to develop personal robots suitable for eldercare. Sources within the Japanese government project their domestic market to range from $26B in 2010 and to nearly $70B by 2025 for personal robots.

"Consequently, at minimum, we project the available Pacific Rim market size in dollars for cost effective, utilitarian, multi-tasking personal robots suitable for eldercare in 2010 to be $22.0B; in 2011 to be $23B; in 2012 to be $24B; in 2013 to be $25B; and in 2014 to be $26B. With market penetrations of 0.009% in 2010, 0.024% in 2011, 0.077% in 2012, 0.29% in 2013, and 0.61% in 2014, we expect international sales, from these consumer markets only, of $2.0M, $5.5M, $18.5M, $72.6M, and $158.6M, respectively," stated Martin Spencer, President/CEO, GeckoSystems.

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 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. The Company's business model is very much like that of an automobile manufacturer.

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


'/>"/>
SOURCE GeckoSystems Intl. Corp.
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. pMDsoft Adds Mobile Appointment Calendar to iPhone Charge Capture Software
2. St. Christophers Foundation for Children Ronald McDonald Care Mobile(R) Dental Program to be Celebrated at Foundations Apple Blossom Ball
3. Mobile Massage Team to Sponsor and Exhibit at GlobalFit Worksite Wellness Summit
4. SironaHealth to Provide 24 x 7 Nurse Line and Clinical Outreach to EosHealth as part of their Mobile Health & Wellness Programs
5. Open source mobile technology software reinventing health care in developing countries
6. Movero Delivers Over 10,000 Training Sessions for Physicians Using Mobile ePrescription Applications
7. Texas-Based Mobile Health Screening Company Expands into Dallas-Fort Worth
8. InfoLogix Selected by Gwinnett Medical Center to Transform Clinical Care Through Next-Generation Mobile Communications Solution
9. Mobile Massage Team to Exhibit at Penjerdel Employee Benefits and Compensation Association (PEBA) 27th Annual Forum
10. Taking India Forward in Mobile Medical Technology
11. Mobile Dog Heart Health Tour Through California Cities to Provide Free Heart Examinations in Sound-Proof Setting
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/23/2017)... ... August 23, 2017 , ... MobilityWorks ®, ... named to the 2017 Inc. 500|5000, an exclusive ranking of America’s fastest-growing private ... of 139 percent, marking the twelfth year that the company has been included ...
(Date:8/23/2017)... ... August 23, 2017 , ... The non-profit ... holding an inaugural State of the Science Symposium in partnership with the Global ... 2017. , This symposium provides a forum for global leaders in human nutrition ...
(Date:8/22/2017)... , ... August 22, 2017 , ... ... pleased to announce the addition of Zack Tisch as the firm’s new Consulting ... KLAS-ranked healthcare IT consulting firm’s national accounts, from assisting clients with initial vendor ...
(Date:8/22/2017)... ... August 22, 2017 , ... “To Walk Away”: ... a B17 bomber named Edward Koontz. “To Walk Away” is the creation of published ... has published over two hundred manuscripts in chemistry and religion, as well as four ...
(Date:8/22/2017)... ... August 22, 2017 , ... ... the Founder and Managing Member for t4 Leadership Development & Consulting. He has ... his definition of “success”: physician leadership development, servant leadership, data driven process improvement, ...
Breaking Medicine News(10 mins):
(Date:8/15/2017)... -- AOTI Inc. announced today that its fully owned USA ... New York City Office in Yonkers, New York ... Oxygen (TWO 2 ) homecare therapy. This new East Coast location ... (ACHC) under the company,s DMEPOS accreditation for Home/Durable Medical Equipment Services. ... Advanced Oxygen Therapy Inc. ...
(Date:8/10/2017)... -- Physical Rehabilitation Network (PRN), acquired the long-standing outpatient rehabilitation clinic, ... . The reputable clinic will continue to be co-owned and ... staff of four clinicians. Lipkin received his doctorate in physical ... years of experience with a strong background in manual therapy. ... 10th PRN clinic in and around the Denver ...
(Date:8/7/2017)... 7, 2017 Insightin Health, provider of ... and engagement, announced the selection of Michael ... Development, effective as of February 2017. In this role, ... strategy for our clients. Wood brings with him ... and business analytics within the healthcare industry. Wood ...
Breaking Medicine Technology: