SOURCE: International Shoe Manufacturing Corporation

October 16, 2006 08:38 ET

International Shoe Manufacturing Corporation's Wholly Owned Subsidiary, GeckoSystems, Inc., Targets the $14 Billion Security Industry With New Sales and Marketing Campaign

WASHINGTON, DC -- (MARKET WIRE) -- October 16, 2006 -- International Shoe Manufacturing Corporation (PINKSHEETS: ISHO) is pleased to announce that the Company's wholly owned subsidiary, GeckoSystems, Inc., is launching their sales and marketing campaign for their mobile robot solutions. GeckoSystems, Inc. will market its products and technology through strategic relationships with retailers, distributors and OEM manufacturers in the security, home health care, military and medical industries.

According to the U.S. Census Bureau, in July of 2005, there were 36,790,113 people over 64 years old. GeckoSystems has developed the CareBot™ Mobile Service Robot (MSR) to help assist in caring for this growing elder population. In the security and military industries, market gains will be driven by the heightened security awareness as government agencies and the air travel industry research technologies that can be integrated into their video surveillance and weapons of mass destruction (WMD) detection systems. According to a report published by the Freedonia Group, the U.S. security guard market alone is a $14 billion industry and has a projected growth rate of 7% through 2006. GeckoSystems has developed mobile robot solutions to cost-effectively assist in these critical areas of security.

How science fiction has become science fact:

"We often don't notice it, but Artificial Intelligence (AI) is all around us. It is present in computer games, in the diagnostics and cruise control in our cars, the servers that route our email, and in robotic cleaners and toys," said Martin Spencer, CEO and President of ISMC. "GeckoSystems' significant breakthroughs in the robotic AI field will help us build very sophisticated robots that will be tailored for each of the strategic markets that we have identified. The successful development of intelligent robot technology and related services is a crucial factor for economic growth and social development in the 21st century," continues Mr. Spencer. "In the United States, the market for security, professional and family health care is in a crisis for cost-effective answers for thousands of time-stressed and geographically dispersed medical professionals and families. GeckosSystems has developed an automatic, self-navigating robot that can be utilized to assist in all of these areas," he added.

About GeckoSystems, Inc.

GeckoSystems, Inc. is a leading developer of mobile robot solutions based in Conyers, Georgia (metro Atlanta). The company specializes in supplying mobile service robots that automatically self-navigate the home, office, or business for errand running, patrolling, and other useful tasks without human assistance or intervention. Now entering its ninth year of business, GeckoSystems, Inc. has developed a suite of proprietary, fundamental technologies, also called "basebot" technologies. This collection of hardware and software enables the practical deployment of mobile service robots. Utilizing these basebot technologies, our robots respond intelligently to dynamic environments and accomplish useful tasks such as automated patrolling, remote care giving and remote monitoring.

Safe Harbor: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the safe harbors created thereby. The Company is a development stage company who continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.

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