FORT MYERS BEACH, Fla., June 6, 2005 (PRIMEZONE) -- Innova Holdings, Inc. (OTCBB:IVHG), a software company providing software solutions to the service, personal, and industrial robotic markets, announces that it has leased a manufacturing facility in the greater Detroit, MI metropolitan area that will be used by its subsidiary, Robotic Workspace Technologies, Inc. (RWT) to assemble the Universal Robot Controller (URC(tm)) to meet production requirements in the Midwest.
"There are more than 135,000 robots being used in North America," explains Walter Weisel, Chairman and CEO of Innova Holdings and RWT, "and the highest concentration of these is in the Midwest where they are used by automobile manufacturers, Tier 1 suppliers, and other heavy equipment manufacturers. The URC, with its plug-and-play capability to replace obsolete proprietary controls with today's state-of-the art open architecture controls is a cost-effective solution to extend the life of robotic systems that are in good mechanical condition. This new manufacturing facility will enable us to provide our customers a local production source, saving precious time and expense associated with deliveries."
RWT's flagship product is the Universal Robot Controller that utilizes the PC platform and the Microsoft(r) Windows(r) environment to provide an open-architecture PC control system for controlling robots and other automated equipment and processes. It also serves as a higher-level supervisory control system for systems integration. The URC features a "plug-and-play" design that facilitates the easy replacement of proprietary controls. The URC's universal robot programming language, RobotScript(r), is a derivative of Microsoft's Visual Basic Scripting Edition. The URC has been awarded two U.S. patents. It is currently operating on a variety of ABB, Fanuc, Cincinnati Milacron, Kawasaki, and Yaskawa Motoman robots being used in North America at Fortune 100 companies like Northrop Grumman, Martin Marietta, General Dynamics, Lockheed, and at Oak Ridge National Laboratory, plus Tier 1 automotive manufacturing plants.
About Innova Holdings, Inc.
Innova Holdings, Inc. (OTCBB:IVHG), Fort Myers Beach, Florida, builds shareholder value by developing and acquiring technology-differentiated solutions with extraordinary potential for profitable and sustainable growth. Innova is chartered to continue expanding its growing suite of technologies.
About Robotics Workspace Technologies, Inc.
Robotic Workspace Technologies (RWT), Fort Myers Beach, Florida, is a leading provider of non-proprietary, open-architecture PC controls, software, and related products that improve the performance, applicability, and productivity of robots and other automated equipment. Its technology has been applied in industries ranging from agriculture to automotive, to medical and R&D. RWT is recognized internationally for its pioneering contributions to the robotics industry. Its founder, Mr. Walter Weisel, has been a driving force in the robot industry for the past 32 years, and is a recipient of the prestigious Joseph F. Engelberger Award, recognizing his contributions to the advancement of robotics and automation.
RWT(tm), Universal Robot Controller(tm), URC(tm) RobotScript(r), and TeachPoint File Creator(tm) are either registered trademarks or trademarks of Innova Holdings, Inc. in the United States and/or other countries.
The names of actual companies and products mentioned herein may be the trademarks of their respective owners.
Forward-looking statements such as "believe," "expect," "may," "plan," "intend," etc. contained herein are within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties and are based on the Company's beliefs and assumptions it made using information currently available to it and which reflect current views concerning those future events. Actual results could differ materially. Therefore, undue reliance should not be placed on any forward-looking statements, since they apply only as of today's date, and accordingly, reference should be made to the Company's periodic filings with the SEC.