LAS VEGAS, Dec. 7, 2005 (PRIMEZONE) -- InRob Ltd. ("InRob") (OTCBB:IRBL), a leader in the development and production of advanced wireless control systems and integrated solutions for unmanned ground vehicles (UGV), received high marks from Market Advisors, an independent stock market research company.
The positive report was released yesterday by Jeff Helleberg, the lead analyst of Market Advisors. "It is not difficult to see why we are so favorable on the future of InRob. For investors, we believe the near-term opportunity for IRBL stock hinges on the company's following its business plan and landing several large contracts. It is conceivable that management's growth strategy, if successful, will reflect the steady fundamentals and growth of the company's core manufacturing business of UGV's."
The Company is extremely pleased with the publication of this report. "Our reputation for technological achievement is continually improving," comments Ben Tsur Joseph, CEO of InRob Tech. "This report is a vote of confidence from the business community and should be very helpful as we forge new strategic relationships over the coming year."
The report also notes that, "As technology advances, the company looks to produce smaller, more autonomous high-performance UGV's. This suggests a strong and continuing positive trend for the stock price."
About InRob Tech
InRob Tech is a Nevada-based high-tech company with a wholly owned subsidiary in Israel, specializing in the planning, manufacturing and service support of advanced wireless and remote control systems, operating all types of robots and other vehicles. The Company is a leader in its field, and supports the IDF (Israeli Defense Forces), Israeli police, and other military and civilian companies dealing with security. Founded in 1988, the Company works closely with other high-tech companies to provide the most advanced and comprehensive UGV solutions to the market.
For more information, please visit our web site at www.inrobtech.com.
Forward-Looking Statements
Certain statements in this news release may contain 'forward-looking' information within the meaning of the Federal securities laws. All statements, other than statements of fact, included in this release may include forward-looking statements that may involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances or to reflect unanticipated events or developments.