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Free News Articles Home Uncategorized International Shoe Manufacturing Corporation Completes Acquisition of GeckoSystems
, Inc International Shoe Manufacturing Corporation Completes Acquisition of GeckoSystems, Inc Author: International Shoe Manufacturing Corp.
Dateline: Thu, 12 Oct 2006

freeNewsArticles Story Summary: “WASHINGTON, D.C. - Oct. 12 (SEND2PRESS NEWSWIRE) -- International Shoe Manufacturing Corporation (OTC: ISHO ISHO.pk) announced today that they have completed the acquisition of GeckoSystems, Inc. (GKSY GKSY.pk). GeckoSystems, based in Conyers (Atlanta), Georgia
, is now entering its ninth year of business. GeckoSystems is a dynamic leader in the Robotic Industry revolutionizing the development and usage of mobile robot solutions for safety, security and service(TM). ”

A R T I C L E:

WASHINGTON, D.C. - Oct. 12 (SEND2PRESS NEWSWIRE) -- International Shoe Manufacturing Corporation (OTC: ISHO ISHO.pk) announced today that they have completed the acquisition of GeckoSystems, Inc. (GKSY GKSY.pk). GeckoSystems, based in Conyers (Atlanta), Georgia, is now entering its ninth year of business. GeckoSystems is a dynamic leader in the Robotic Industry revolutionizing the development and usage of mobile robot solutions for safety
, security and service(TM).

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 andor 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, ChairmanCEO 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


or Contact:
Investor Relations 1-866-843-2775


###

Copyright © 2006 by International Shoe Manufacturing Corp. and Send2Press® Newswire, a service of Neotrope® - all rights reserved. Information believed accurate but not guaranteed. Sourced on: freeNewsArticles.

• Story Title: International Shoe Manufacturing Corporation Completes Acquisition of GeckoSystems, Inc
• REFERENCE KEYWORDSTERMS: International Shoe Manufacturing Corp, , , OTC ISHO, Mergers and Acquisitions
, , , .

IMPORTANT NOTICE: some content which is considered "old" or "archival" may reference an event which has already occurred; some content possibly considered "advertorial" may also reference a promotion or time-limitedsensitive offering, and in all of these instances certain material may no longer be valid. For notably stale content, you should directly contact the companyperson mentioned in the text (International Shoe Manufacturing Corp.); this site cannot assist you with information about productsservices mentioned in the news article, nor handle any complaints or other issues related to any personcompany mentioned or promoted in the above text. Information believed accurate but not guaranteed as of original date of story [Thu, 12 Oct 2006 16:22:00 GMT].

USE THIS CONTENT FOR FREE: To use this content in your newspaper
, broadcast outlet, news portal, blogezine or similar, free of cost, CLICK HERE to learn how. Why you should hire a professional photographer for your product photos .
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