| Send2Press.com • Today is Monday, February 13, 2012 | A Member of the Neotrope News Network |  |
|
|
NEWS ARCHIVES : U.S. and World News :
Business :
Mergers and Acquisitions
News
|
Press Release:
International Shoe Manufacturing Corporation Completes Acquisition of GeckoSystems, Inc
 GeckoSystems' mobile service robots are capable of automatically self-navigating the home, office, or business. They can patrol or carry out other designated errand running tasks without human assistance or intervention. To accomplish these benefits, GeckoSystems has developed a suite of proprietary, fundamental technologies called "basebot" technologies. These scientifically developed, tested and proven hardware and software technologies enable the practical, cost effective manufacture, sale and usage of mobile service robots in a variety of environments. Utilizing these basebot technologies, the robots respond intelligently, without human intervention, to dynamic environments and accomplish useful tasks such as automated patrolling, remote care giving and/or remote monitoring for use by consumers and civilian or military organizations. "The economic and societal impact of these technologies will change our lives for the good. We are very excited about acquiring GeckoSystems, Inc. and being involved in helping to create a better twenty-first century tomorrow. In addition, we believe their unique robotic technology will significantly add value and increase the profits for our shareholders," stated Martin Spencer, Chairman/CEO of International Shoe Manufacturing Corporation. "The acquisition by International Shoe Manufacturing Corporation will enable GeckoSystems to effectively communicate the facts to the mainstream public. GeckoSystems has a plethora of breakthrough technology announcements to unveil. It will enable us to distribute our suite of robotic technologies to a much broader market which is conservatively estimated to be in the billions of dollars. In conclusion, this acquisition increases the potential and rewards to investors of both companies," stated George MacLeod, Sr. Vice President of Business Development for GeckoSystems, Inc. Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release. Contact: For more information visit www.geckosystems.com or Contact: Investor Relations 1-866-843-2775
NEWS SOURCE: International Shoe Manufacturing Corp.
Send2Press® is the originating wire service for this story. Terms of Use. © International Shoe Manufacturing Corp.. All trademarks acknowledged.
THE CONTENT OF THE ABOVE PRESS RELEASE WAS PROVIDED BY THE NEWS SOURCE (International Shoe Manufacturing Corp.), WHO IS SOLELY RESPONSIBLE FOR ITS ACCURACY. FOR QUESTIONS ABOUT THIS STORY CONTACT THE NEWS SOURCE AND NOT THIS WEBSITE.
Journalist Resources:
Download original press release as issued including media contact information for International Shoe Manufacturing Corp..
Additional News Releases on Similar Topics:
|
Subscribe to Send2Press®
Daily News Releases by E-Mail
Follow Send2Press on Social Sites: 
Additional News from
International Shoe Manufacturing Corp. : » International Shoe Manufacturing Corporation Completes Acquisition of GeckoSystems, Inc
|
||||||||||||||||||||||||||
View our news channels by industry topics, by U.S. States, or by selected U.S. Cities:
|
Terms of Use and License
This "article format" version of the issued press release is Copr. © 1983-2012 Neotrope/Send2Press. You may freely link to this article version of the press release or may use the release text as the basis for an original article or news posting. If the content is copied verbatim via a scraping or copy/paste method, the news item must be properly "attributed" to Send2Press® Newswire as the originating wire service for this story (may not be posted on ANY site selling/offering SEO or PR services, newswire services, or adult content!). |
DISCLAIMER: the above press release content is believed accurate but not guaranteed, and is based on business news supplied by the source. The noted source is solely responsible for its accuracy. Financial/Stock news may contain forward looking statements. Neotrope/Send2Press (this website) makes no claims of accuracy or suitability for any purpose. Any opinions expressed by representatives of company(s) mentioned in news and profiles are solely those of the person indicated, and do not reflect any opinion or policy of Neotrope® or Send2Press. Your use of any information contained herein is done solely at your own risk, and you are fully responsible for using any information herein, or on sites mentioned or linked to in the article. All trademarks acknowledged.
REFERENCES: International Shoe Manufacturing Corporation Completes Acquisition of GeckoSystems, Inc, International Shoe Manufacturing Corp, OTC ISHO, ISHO.pk, pink sheets, bulletin board, George MacLeod, Sr., GeckoSystems, Inc., Robotic Industry revolutionizing the development and usage of mobile robot solutions, mobile service robots, Martin Spencer, GKSY.PK, OTC GKSY, press release, Oct 12, 2006. |
|
THIS PAGE MEDIA READS (by media and public, as of today): 5960 times (1 today, 2 this week, 14 this month, 55 this year)
Site Design and Content is Copr. © 1983 - 2011 Neotrope® - All rights reserved. Send2Press® is a reg. trademark and service mark of NEOTROPE.
Press Release Writing | About Send2Press | Meet Our Staff | Contact Us | Our Services | Help Desk | Legal | Privacy | How-To Articles | RSS Feeds | Journalist Tools | Client eMediaKits | Headline Feeds | Podcast | PR News Channels | Daily News Desk | Success Stories | PRTRax™ Reader Tracking | Targeted News Distribution | Internet Marketing Services | Order PR Services | Terms of Service (TOS)