LAS VEGAS, June 5, 2006 (PRIMEZONE) -- InRob Tech Ltd. (OTCBB:IRBL), a leader in the development and production of advanced wireless control systems and integrated solutions for unmanned ground vehicles (UGVs), today announced the completion of the testing phase of its remote controlled weapon station (RCWS), driving InRob Tech Ltd. towards the completion of a $3 million sales contract to India.
This sale is a result of joint effort by InRob and Israel Military Industries Ltd. ("IMI"). This is one of the first sales generated by the collaboration between InRob and IMI. Ben Tsur Joseph, CEO of InRob stated, "This is the first major stepping stone in our relationship with IMI and we anticipate many more in the upcoming weeks, months and years."
InRob announced that it has completed the testing stage of its proprietary RCWS. In this testing phase, excellent results were obtained for firing in motion, system stability and tactical accuracy of target elimination. Already in development are additional software configurations to the RCWS that enhance simplicity of field maintenance and provide an added layer of versatility.
With its proprietary On-Screen Display capabilities, the RCWS gathers and displays operational data and critical feedback from the weapon station and its immediate vicinity. This allows the RCWS to be operated as a stand-alone unit. As a result, the RCWS offers more built-in capabilities without the need to hook-up a mission computer for critical data.
About IMI
IMI is a leading defense industry, offering comprehensive development, design, production and testing facilities. Primary product lines include weapon systems and ammunition for ground forces; tank and artillery ammunition; anti-tank missiles, and artillery TCS -- Trajectory Corrected System for Artillery Rocket Systems as well as small arms weapons and ammunition, tank guns and upgrading programs. Also offered a full spectrum of aircraft systems: auxiliary mission equipment; fuel tanks and pylons; chaff and flare systems; air launched decoys; stand off weapon systems and aerial ammunition.
With over 60 percent of its production destined for world markets, IMI is a recognized supplier to armed forces, law enforcement and security agencies and defense manufacturers on five continents. IMI is the major supplier to the Israel Defense Forces.
For more information on IMI, please visit its web at http://www.imi-israel.com
About InRob Tech
InRob Tech is a Nevada based high-tech company with a wholly owned subsidiary in Israel, specializing in the development, design, 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 it the field of telerobotics, 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.