ATLANTA, March 23 2009 — GeckoSystems Intl. Corp. (PINKSHEETS: GCKO) announced today that they demonstrated their latest CareBot(tm) MSR to a management team from Chubb Insurance. 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 really had no idea that multi-tasking personal robots were so advanced and near to market,” commented Linda H. King, MBA, Ph.D., Senior Underwriting Officer, Chubb Group of Insurance Companies. “The cost savings and non monetary benefits to families promise to be very significant from what we have seen and heard today. We will do what we can to assist GeckoSystems in their enterprise. This is an important achievement.”
“Improving family’s ability to better care for their loved ones is an important focus for us in our decade long development of mobile robot technologies,” related Martin Spencer, President/CEO of GeckoSystems. “While we have done a great deal of primary market research regarding the market’s expectation of what the family is willing to pay for being able to keep loved ones out of nursing homes and in their personal home of many years, we are always pleased when an organization that is extremely focused on eldercare costs, concludes that assisting us in our activities is of potential benefit to all stakeholders. Of course our investors will enjoy an improved ROI the more relevant and acceptable our product line is to the marketplace.”
The Company’s mobile robot solutions are appropriate for the consumer, professional healthcare, commercial security/public safety, and defense markets.
About the Chubb Group:
The member insurers of the Chubb Group of Insurance Companies form a multi-billion dollar organization providing property and casualty insurance for personal and commercial customers worldwide through 8,500 independent agents and brokers. Chubb’s global network includes branches and affiliates in North America, Europe, Latin America, Asia and Australia. Chubb is a worldwide leader in insuring fine homes, automobiles, yachts, antiques and other collectibles, and personal liability. Additional information on Chubb can be found at http://www.chubb.com/.
About GeckoSystems International Corporation
In the ten years since founding, the Company 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 seeking preset destinations. Their plethora of sensor fusion technologies enables extraordinary levels of actionable situational awareness. These scientifically developed, tested, and proven hardware and software breakthroughs enable the practical, low cost manufacture, sale and usage of mobile service robots in a variety of environments. www.GeckoSystems.com.