WASHINGTON (dpa-AFX) - Mobile robot solutions provider GeckoSystems International Corp. (GOSY.PK) Tuesday said that due to the licensing agreement recently reached, the company forecasts a net profit for the fourth quarter of its fiscal year ending June 30.
GeckoSystems is now forecasting revenues of $200,000 or more before June 30. This forecast results from the international Joint Venture licensing agreement recently finalized.
Martin Spencer, CEO, said, 'It's taken nearly sixteen years to get us to this point...We've done a great deal of R&D, alpha testing, market research and business-to-business promotion and now we feel that we have the best and most marketable robotic platform on the market. Our fully autonomous navigation is unequaled as to cost and benefits.'
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