FORT MYERS BEACH, Fla., May 16, 2005 (PRIMEZONE) -- Innova Holdings, Inc. (OTCBB:IVHG) announced today that its wholly owned subsidiary, Robotic Workspace Technologies, Inc.(tm) (RWT(tm)) has received an order for multiple Universal Robot Controllers (URC) from a heavy equipment manufacturer in the Midwest. Details of the transaction were not disclosed.
"This contract represents a significant milestone for RWT," says Jeff Engelberger, Vice President of Sales. "I don't know of another company in the industrial robot industry that has the expertise, experience, or proven product offering to fulfill this contract."
The URC is the world's first open architecture PC controller designed specifically for industrial robots and other automated devices. It replaces the original OEM robot controller to provide the state-of-the-art in open PC automation control to support the integration of multiple devices like end-of-arm tooling, parts feeders, sensors, and other automated equipment. It can also serve as a higher-level supervisory control. The URC is programmed using the RobotScript(r) programming language, which was also developed by RWT. RobotScript is a derivative of Microsoft's Visual Basic and provides an industry-standard programming environment.
The URC is operating a variety of ABB, Fanuc, Cincinnati Milacron, Kawasaki, and Yaskawa Motoman robots used in North America at Fortune 100 companies like Bayer, Johnson Controls, Martin Marietta, Northrop Grumman, Lockheed Martin, Oak Ridge National Laboratories, and Tier 1 automotive manufacturing plants. Most customers of this revolutionary controller placed subsequent orders. The URC is covered by two (2) United States patents with others filed and a third soon to be issued.
About Innova Holdings, Inc.
Innova Holdings, Inc. (OTCBB:IVHG), Fort Myers Beach, Florida, builds shareholder value by developing and acquiring technology-differentiated solutions with extraordinary potential for profitable and sustainable growth. Innova is chartered to continue expanding its growing suite of technologies.
About Robotics Workspace Technologies, Inc.
Robotic Workspace Technologies (RWT), Fort Myers, Florida, is a leading provider of non-proprietary, open-architecture PC controls, software, and related products that improve the performance, applicability, and productivity of robots and other automated equipment. Its technology has been applied in industries ranging from agriculture to automotive, to medical and R&D. RWT is recognized internationally for its pioneering contributions to the robotics industry. Its founder, Mr. Walter Weisel, has been a driving force in the robot industry for the past 32 years, and is a recipient of the prestigious Joseph F. Engelberger Award, recognizing his contributions to the advancement of robotics and automation.
RWT, Universal Robot Controller, URC RobotScript(R), and TeachPoint File Creator are either registered trademarks or trademarks of Innova Holdings, Inc. in the United States and/or other countries.
The names of actual companies and products mentioned herein may be the trademarks of their respective owners.
Forward-looking statements such as "believe," "expect," "may," "plan," "intend," etc. contained herein are within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties and are based on the Company's beliefs and assumptions it made using information currently available to it and which reflect current views concerning those future events. Actual results could differ materially. Therefore, undue reliance should not be placed on any forward-looking statements, since they apply only as of today's date, and accordingly, reference should be made to the Company's periodic filings with the SEC.