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Microcap & Penny Stocks : IRBL - InRob Tech, Ltd.
IRBL 0.00010000.0%Mar 7 3:00 PM EST

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From: ThinkingBig1/12/2006 10:06:33 AM
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InRob Tech Ltd. Records First Sale of Its Remote Control System for Military Hummer to Israeli Defense Forces

January 12, 2006 09:17:15 (ET)

LAS VEGAS, Jan 12, 2006 (PRIMEZONE via COMTEX) -- InRob Ltd. ("InRob") (IRBL, Trade), a leader in the development and production of advanced wireless control systems and integrated solutions for unmanned ground vehicles (UGV), today announced that it has delivered an initial remote control system for operating a Hummer(R) HMMWV (High-Mobility Multipurpose Wheeled Vehicle) jeep to the Israeli Defense Forces (IDF) at a price of close to $70,000 per unit. The Company anticipates delivery of additional units over the course of this year.

"This sale represents what we hope is the beginning of a new and large market for InRob Tech," comments Ben Tsur Joseph. "We continue to feed the military and civilian markets with high tech solutions for the most dangerous of field operations tasks. The HMMWV, also known as Humvee(R), is a standard high performance operations vehicle in almost any army, and with the remote control capabilities offered by our system, we increase its functionality and performance by several levels."

The Humvee(R) is used by the IDF and armies around the world for a wide range of field operations as it is designed for use over all types of roads, in all weather conditions and is extremely effective in the most difficult terrain. InRob Tech's remote control system enables fully remote operation of the jeep. In addition, the system is capable of including high level controls, such as the operation of cameras and weapons. This further increases the base price of the Company's system and makes its use highly attractive in the most dangerous of activities.

"Army operations continue to expand globally," continues Joseph. "The trend to find high tech solutions to prevent casualties is growing in our favor and we expect that remotely controlled operations vehicles will become commonplace in the next few years. InRob Tech is well positioned to capitalize on this market, as our technologies have successfully gone through the toughest of testing by the most demanding of armies. I am optimistic of the direction of this market and our participation in it."

Humvee is a registered trademark of AM General LLC. Hummer is a registered trademark of General Motors Corporation.
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