13/06/2018 18:00:44

Intellitronix To Market Interactive Robots

EASTLAKE, Ohio, June 13, 2018 (GLOBE NEWSWIRE) -- Intellitronix, a wholly-owned subsidiary of US Lighting Group (OTC:USLG), today announced that it has received a Promobot for testing in lieu of advancing negotiations with Promobot LLC for the exclusive rights to market their customer service robot in the United States.

“Our engineering staff along with a representative of Promobot LLC have been testing the capability and functionality of Promobot upon receiving our first robot order,” said Intellitronix CEO, Paul Spivak. “I am pleased to say that Promobot impressed our engineers in quality and interactive intelligence in a learning environment.”

The robot was delivered, set up and field tested jointly with Intellitronix engineers and a representative of Promobot LLC as an initial order in determining the final terms of an agreement to distribute the robot in the United States.

According to Statista, the market for robots is forecast to grow from $39.3 billion in 2017 to $498.6 billion in 2025.  The industrial robotics market, which has traditionally represented the robotics industry and has been led by Japanese and European robotics manufacturers, is giving way to non-industrial robots, such as personal assistant and customer service robots like Promobot.

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

Post comment

Related debate

  • 1 week
  • 1 month
  • 1 Year
19 Sep
 
Jeg har været med som skribent her på EI siden 2012 og jeg har haft mange gode øjeblikke ved at være..
62
20 Sep
VWS
Vestas aktien fylder en del i min portefølje, hvorfor jeg følger den tæt. Jeg var dog selv tidligere..
34
22 Sep
DANSKE
Er det ikke tænkevækkende i disse dage at være vidne til vores politikere, der berettiget forarges o..
26
18 Sep
BIOPOR
BioPorto - InvestorDagen 18.september 2018 Jeg deltog til præsentationen af BioPorto ved CFO Ole ..
24
20 Sep
 
Danmark forærer 12mia kr væk til svindlere - med hjælp fra et par fordrukne ansatte i skat. Så stort..
23
18 Sep
PNDORA
.....lyder ikke for klogt. Nu har vi været under pres fra shortere i lang tid i Pandora som fik bank..
20
09:37
DANSKE
Danske har intet lært. Ikke af finanskrisen, ikke af skattely sager, ikke af panama sager. De har ty..
19
20 Sep
DANSKE
Erhversministeren mener at hvidvaskskandalen er "en af de største skandaler i danmarkshistorien" og ..
16
21 Sep
DANSKE
Desværre har pressen og visse politikere dømt i en sag for at mele deres kager.  Hvis man har fulgt ..
14
20 Sep
PNDORA
Til jer der foelger Pandopra smider jeg lige et link til en god Forbesartikel der giver et godt indt..
13

HSBC Bank Plc : Form 8.5 (EPT/RI) - Lonmin PLC

22/02/2018 10:54:53
FORM 8.5 EPT/RI) PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY Rule 8.5 of the Takeover Code (the "Code") 1.         KEY INFORMATION (a) Name of exempt principal trader: HSBC BANK PLC (b) Name of offeror/offeree i..

Rathbone Brothers Plc : Preliminary announcement of 2017 results

22/02/2018 07:00:19
Funds under management up 14.3% to £39.1 billionThis is a preliminary statement of annual results published in accordance with FCA Listing Rule 9.7A. It covers the year ended 31 December 2017. Mark Nicholls, Chairman of Rathbone Brothers Plc, said: "UK and global investment markets performed well in 2017, with some indices reaching record levels towards the end of the year. This outcome has b..

Elliott Capital Advisors, L.P : Form 8.3 - GKN Plc

Related news
21/02/2018 15:25:10
FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the "Code") 1.         KEY INFORMATION (a) Full name of discloser: Elliott Capital Advisors, L.P. (for itself and related general partners ..

Most read news

  • 24 hours
  • 48 hours
  • 1 week
1
REVA Medical Presents Key Data Sets at the Transcatheter Cardiovascular Therapeutics Conference 2018
2
Late-Breaking Clinical Study Results Demonstrate Exceptional Safety and Efficacy Outcomes for Resolute Onyx(TM) DES
3
The Healing Light - Cold Laser Therapy Comes to Amazing Spine Care in Jacksonville, FL
4
Larson Electronics LLC Releases LED Cab Light Upgrade Kit for Caterpillar D4E Bulldozers
5
Medtronic Presents IN.PACT Global Study Three-Year Data and Total IN.PACT(TM) Imaging and Propensity Analyses

Buy and sell signals

  • Trend
  • Moneymachine

Copyright Berlingske Media 2018  Cookie- and Privacy policy  |  Cookies  |   General terms of trade  |   Terms of use and IP rights
Quote information is delivered by Morningstar.
Data is delayed 15-20 minutes according to the distribution agreements set by the different exchanges.
 
23 September 2018 18:00:47
(UTC+00:00) Dublin, Edinburgh, Lisbon, London
Version: LiveBranchBuild_20180919.1 - EUROWEB6 - 2018-09-23 19:00:47 - 2018-09-23 18:00:47 - 1000 - Website: OKAY