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GeckoSystems Actively Negotiating Joint Venture with Chinese Wheelchair Manufacturer for International Marketing of Robotic Wheelchair Safety Technology
Date:11/10/2011

CONYERS, Ga., Nov. 10, 2011 /PRNewswire/ -- GeckoSystems International Corp. (PINKSHEETS: GOSY) announced today that the Company is in ongoing negotiations with a Chinese wheelchair manufacturer that are expected to result in a joint venture for international marketing and manufacture of their recently developed, cutting edge, "collision proof" wheelchair technology.

GeckoSystems is a dynamic leader in the emerging mobile robotics industry revolutionizing their development and usage with "Mobile Robot Solutions for Safety, Security and Service™"

"While we cannot presently disclose the name of the possible Chinese partner at this time as it is restricted by NDA, discussions have been moving ahead in a very amicable and positive atmosphere so far. Mr. Spencer has been supporting this project strongly and he considers this possible Chinese JV as GeckoSystems' strategic advance into the wheelchair production center of the world," stated Mr. Hajime Yasumatsu, Chairman, Yasu, Inc.

"Our Asian Business Development Consultant, Mr. Yasumatsu and his business associates in Beijing, China and Tokyo, Japan are having continuing discussions with a Chinese wheelchair manufacturer concerning a joint venture in China. We will continue to update our stockholders on the progress of these talks in a timely manner," stated Martin Spencer, CEO, GeckoSystems.

According to 2010 United States Census figures there are 3.3 million wheelchair users age 15 or over. Power assisted wheelchairs are a wonderful aid to the disabled, but severe spasticity or tremor (associated with brain or spinal cord injury, stroke, cerebral palsy, multiple sclerosis, or Parkinson's disease) and visual or cognitive limitations make it difficult, if not impossible, for many wheelchair users to enjoy the freedom of movement provided by a power wheelchair.

A live demonstration of GeckoSystems' completed prototype "collision proof" c
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SOURCE GeckoSystems International Corporation
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