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GeckoSystems in JV With SIASUN of China

(Interviews, 28 Jan 2007 )

GeckoSystems, Inc. has announced that the Company has successfully completed its discussions with SIASUN Robot & Automation Co., Ltd. in China. The two companies are due to ratify an agreement to collaborate on technology, manufacturing, and marketing in China. GeckoSystems Inc. has accepted SIASUN's invitation to visit China and ratify the final agreement in Beijing after the Chinese New Year Holiday.

Dr. Zack Chen, Managing Director of GeckoSystems - China, said, "GeckoSystems is very honored to be partnering with SIASUN Robot & Automation Co., Ltd. The proposed technology collaboration is very exciting and will significantly benefit the revenue streams of both companies."

"This strategic technology cooperation enables GeckoSystems to harness the global experience and deep knowledge of engineering and technology of SIASUN. Both SIASUN and GeckoSystems fully understand the challenges faced by the robotic industry and this is where our combined knowledge and expertise will enjoy many economic and technical synergies," said Mr. George MacLeod, Sr. Vice President, Business Development.

"Our new presence in China gives GeckoSystems a unique opportunity for us to market our innovative mobile robot solutions not only in China, but also to the rest of the world," stated Mr. R. Martin Spencer, Chairman, CEO, and President of GeckoSystems, Inc. "The breadth and depth of GeckoSystems technology, and our collaboration with a world renowned company such as SIASUN provides both firms with a winning combination," he added.

Mr. Qu, President of SIASUN Robot & Automation Co., Ltd., said, "I am very pleased that GeckoSystems has accepted our invitation to visit our headquarters in China. It will allow us to ratify our agreement and embark upon a venture that will bring many benefits to both companies. SIASUN has identified GeckoSystems as a world leader in their area of expertise with a unique range of mobile robot solutions," he concluded.


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