GeckoSystems International Corp. announced that due to a recently concluded licensing agreement, the company forecasts over $5,000,000 in initial and ongoing licensing revenues over the 5-year duration of the joint venture contract. According to a release, for over 15 years GeckoSystems has dedicated itself to development of 'Mobile Robot Solutions for Safety, Security and Service.'

At this time GeckoSystems has secured revenues of $750,000 from this Joint Venture (JV), realized as a result of the now finalized international JV agreement. The JV partnership has experience in entrepreneurship and establishing technological ventures. They have systematically gone through all aspects of operations from the technology and development strategy to deployment, professional services, support, business development, marketing and sales.