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GeckoSystems Evaluates Europe's Robotic Wheelchair Market
Date:4/16/2012

itional revenues of $8.7 to $54.3 million per year from this royalty stream within EU markets only.

On the competitive horizon, the robot wheelchair market in Europe has these potential competitors doing research: (From "Market Evaluation for Colchester Catalyst on the use of Robotic Wheelchairs" See note 1.)

Smart Rehab (UK)
Roma Medical (UK)
Sunrise Medical (UK)
Pride Medical (USA and UK)
Invacare (UK)
Exact Dynamics (Netherlands)
Bluebotics (Switzerland)
Meyra-Ortopedia (Germany)
TopChair (France)

In March of last year, GeckoSystems announced their first Japanese order with the oldest Japanese wheelchair manufacturer, Imasen Engineering, to upgrade two of their power wheelchairs to be "collision proof". This order to upgrade was secured through the joint efforts of GeckoSystems' long time Japanese business development representative, Mr. Hajime Yasumatsu (Chairman of Yasu, Inc.) and a recently signed representative, Mr. Tsunenuri Kato (President/CEO of ifoo Co., Ltd).

http://www.geckosystems.com/investors/press_releases/20110317_GeckoSystems_SellsMobileRobotSolutions.php

SafePath technology is the innovative navigation system created by GeckoSystems that merges robotic technology with traditional steering, locomotion and automatic guidance systems.  SafePath goes beyond the collision avoidance systems now being used in automobiles and other applications.  SafePath lets the user "joystick specify" a destination and achieve it while the system takes over collision avoidance and speed adjustment as directed by the user. GeckoSystems anticipates commercial production of the first "SafePath Enabled™" wheelchair by the end of 2012, in a joint venture facility now under construction in Nanle, China.

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SOURCE GeckoSystems Intl. Corp.
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