InRob Tech Ltd. to Deliver Initial Shipment of Remotely Controlled Weapon Stations; Contract Exceeds $3 Million


LAS VEGAS, Nov. 3, 2005 (PRIMEZONE) -- InRob Ltd. (OTCBB:IRBL), a world leader in the development and production of advanced wireless control systems and integrated solutions for unmanned ground vehicles (UGV), today announced that it expects to deliver three proprietary Remote Control Weapon Stations (RCWS) in the coming months, with a planned follow up delivery of 300 units.

"Our customer, Israel Military Industries (IMI), is a large defense supplier," explains Mr. Ben Tsur Joseph, CEO of InRob. "IMI contracted with InRob to produce these units for one of their largest foreign clients who is acquiring the RCWS systems."

InRob's delivery of the first three units is considered the initial step in bringing their RCWS technology to the global marketplace.

"We look forward to significant growth in this market over the coming 12-18 months. Our first order will reach close to 300 units at a sales price of $11,000 per unit. This is an excellent starting point for InRob," Joseph added.

The RCWS's are desirable as they have full control of azimuth (firing angles) and elevation, creating a very versatile and flexible system for defense purposes.

About InRob Tech

InRob Tech is a Nevada based high-tech company with a wholly owned subsidiary in Israel, specializing in the planning, manufacturing and service support of advanced wireless and remote control systems, operating all types of robots and other vehicles. The Company is a leader in its field, and supports the IDF (Israeli Defense Forces), Israeli police, and other military and civilian companies dealing with security. Founded in 1988, the Company works closely with other high-tech companies to provide the most advanced and comprehensive UGV solutions to the market.

For more information, please visit our web site at www.inrobtech.com.

Forward-Looking Statements

Certain statements in this news release may contain 'forward-looking' information within the meaning of the Federal securities laws. All statements, other than statements of fact, included in this release may include forward-looking statements that may involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances or to reflect unanticipated events or developments.



            

Contact Data