BEDFORD, Mass., August 12, 2009 – iRobot Corp. (NASDAQ: IRBT) today announced that it has received a $5.1 million order from the U.S. Army TACOM Contracting Center in Warren, Mich.
This is the eleventh order under the $286 million Indefinite Delivery/Indefinite Quantity (IDIQ) xBot contract, bringing the total contract value to approximately $86 million. The xBot contract has been moved from the U.S. Army Program Executive Office for Simulation, Training, and Instrumentation (PEO STRI) to the U.S. Army TACOM Contracting Center.
The order calls for the delivery of 14 iRobot PackBot 510 with FasTac Kit robots and spare parts. Spare parts include manipulator arms, cameras and ruggedized laptops.
The PackBot 510 with FasTac Kit is a lighter weight alternative to other Explosive Ordnance Disposal (EOD) robots. It is used by soldiers and Marines in both Iraq and Afghanistan. The robot gives warfighters the ability to investigate areas and suspicious objects using its cameras and other sensors. Video and information are sent back to the operator through a ruggedized laptop, providing safer standoff distances.
“One of the reasons these robots are so important is that they have the ability to perform the role of point man on the battlefield,” said Joe Dyer, president of iRobot Government and Industrial Robots. “Warfighters can send the robot into a potentially dangerous area first. This gives them the opportunity to assess the situation from a safe place and allows more time to make decisions accordingly. This is particularly important as the threat from roadside bombs continues to rise in Afghanistan.”
iRobot has delivered more than 2,500 PackBot robots that make a difference every day by conducting dangerous missions that keep warfighters out of harm’s way.
About iRobot Corp.
iRobot designs and builds robots that make a difference. The company’s home robots help people find smarter ways to clean, and its government and industrial robots protect those in harm’s way. iRobot’s consumer and military robots feature iRobot Aware® robot intelligence systems, proprietary technology incorporating advanced concepts in navigation, mobility, manipulation and artificial intelligence. For more information about iRobot, please visit www.irobot.com.
For iRobot Investors
Certain statements made in this press release that are not based on historical information are forward-looking statements which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. This press release contains express or implied forward-looking statements relating to, among other things, iRobot Corp.’s expectations concerning management's plans, objectives and strategies. These statements are neither promises nor guarantees, but are subject to a variety of risks and uncertainties, many of which are beyond our control, which could cause actual results to differ materially from those contemplated in these forward-looking statements. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. iRobot Corp. undertakes no obligation to update or revise the information contained in this press release, whether as a result of new information, future events or circumstances or otherwise. For additional disclosure regarding these and other risks faced by iRobot Corp., see the disclosure contained in our public filings with the Securities and Exchange Commission including, without limitation, our most recent Annual Report on Form 10-K.