ATLANTA, Sept. 14, 2006 (PRIMEZONE) -- VuBotics, Inc. (OTCBB:VBTC), developer of VuIT(tm), a proprietary software application that sequentially delivers text for online, small screen and broadcast applications, today announced that David Rollo has been appointed to the newly created position of chief marketing officer.
Mr. Rollo, age 40, brings over 18 years of experience in sales and marketing, and previously served as an outside consultant for the company. Prior to joining VuBotics, Mr. Rollo served as CEO and co-founder of K2 Consulting, where he advised numerous emerging technology companies and high end consulting firms on sales, marketing and resource strategies. The firms' clients included PMG, Perot Systems, Incomm and Compucredit. Prior to this, Mr. Rollo served as chief marketing officer for Imperitek Corporation, a premier systems integration and software development boutique. As chief marketing officer, Mr. Rollo was responsible for the company's business development efforts, including sale of the company's merger and acquisition software solutions to the world's largest consulting firms. During his tenure at Imperitek, he invented an advanced proprietary sales and prospecting methodology leading the small firm into 80 Fortune 2000 companies in one year. Imperitek was sold to Equifax in 2002. Mr. Rollo has also built and sold numerous companies across multiple industries since his early 20's. Mr. Rollo holds a BA from SUNY Oswego and did his graduate studies in Industrial Design at Auburn University.
Philip Lundquist, chairman of VuBotics, stated, "Over the past year, David has helped define and reshape our sales and marketing strategy, and we look forward to his continuing contributions as a member of our senior management team. He has a very impressive track record, having served as chief marketing officer of a very successful systems integration and software development company. In addition, he has founded numerous startups, which have grown rapidly and been successfully sold. He is the ideal candidate to lead our sales and marketing team as we plan to move from the development stage to a licensing powerhouse for our groundbreaking technologies."
David Rollo stated, "I believe the VuBotics VuIT(tm) technology is ideally suited for a wide range handset manufacturers, online content providers, and broadcast applications. In addition, the company is developing exciting new technologies that will leverage the company's core expertise for analyzing digital text. I am very excited to join VuBotics at this time, and look forward to mounting an aggressive international sales and marketing campaign."
About VuBotics
VuBotics, Inc. is an emerging technology provider dedicated to improving the reading experience. Today, VuBotics has several patent pending software applications, including VuIT(tm) Online Reader and VuIT(tm) Mobile, which are available for content providers and content aggregators worldwide. The VuIT(tm) product family uses an advanced proprietary algorithm that dynamically delivers text sequentially onto a viewing screen, word-by-word, rather than as static text across a screen, as with a piece of paper. Other VuBotics products under development include online experience metrics, and relational search and intelligent agent technologies. Based in Atlanta, Georgia, VuBotics' strategy is to take advantage of the growing market for digital content through business relationships with global media and technology companies. For more information, visit: www.vubotics.com.
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Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of VuBotics officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future VuBotics actions, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance, or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions made and expectations reflected in the forward-looking statements are reasonable, there is no assurance that the underlying assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and VuBotics has no specific intention to update these statements.