EASTLAKE, Ohio, June 12, 2018 (GLOBE NEWSWIRE) -- Intellitronix, a wholly-owned subsidiary of US Lighting Group (OTC:USLG), today announced that it has been advancing negotiations with Promobot., LLC, a manufacturer of service-oriented robots in Eastern Europe, for the exclusive rights to market Promobot in the United States.
“We are very excited to become the exclusive distributor of Promobot in the United States,” said Intellitronix CEO Paul Spivak. “As engineers, we feel that a product as unique as Promobot has many applications, such as helping consumers as an information resource they can interact with.”
At this time, no details of the contract are available for publication, however, the parties believe that Promobot gives Intellitronix an opportunity to expand revenues in an area where there is little competition – yet high demand.
About Intellitronix
Intellitronix is a manufacturer of LED lighting, LED gauges and panels, which are energy-saving devices of high-quality automotive after-market products that are also available to consumers through vendors such as Home Depot. The Company also manufactures an array of LED energy-saving light bulbs. All of the Company’s products are 'Made in the USA' at its own manufacturing facility located near Cleveland, Ohio.
About Promobot LLC
The Limited Liability Company has engineered Eastern Europe’s first functional robot in terms of service-oriented applications with Promobot now in eighteen countries and growing. The robots have been successful in automating processes as administrators, promoters, hosts, museum guides and financial consultants. Promobot LLC is now in its 4th generation of development with expanded capabilities that enhance and broaden market demand.
Forward-Looking Statements
Statements included in this press release, other than statements of historical fact, are forward-looking statements made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are typically, but not always, identified by the words: believe, expect, anticipate, intend, estimate, and similar expressions or which by their nature refer to future events. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Actual results may differ materially from those indicated by these statements.
For further information, contact Intellitronix: (440) 359-7200, or sales@intellitronix.com