| Transbotics
Enters Into A Definitive Asset Purchase Agreement
With Automotion Systems Inc. |
CHARLOTTE, NC – April 27,
2007 - Transbotics Corporation, (OTC BB: TNSB)
www.transbotics.com), has entered into a Definitive
Asset Purchase Agreement with AutoMotion Systems
Inc. (“AutoMotion”), which was completed
yesterday. Transbotics acquired $167,604 of current
assets, including inventory and work in process
and $71,898 of fixed, research and development
and intangible assets for a total purchase price
of $239,502. The acquisition will allow Transbotics
to fill a product gap that it currently has with
smaller less technologically demanding vehicles
that can be used in a wide array of industries.
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“The purchase of AutoMotion’s
assets allows us the ability to create a broader
product line that we can offer our current customers
as well as new customers for whom we could not
previously supply solutions. These vehicles are
used for smaller payloads and repetitive operations,
which can be used in warehouse, distribution, medical
and automotive operations just to name a few” stated
Charlie Robison, CEO of Transbotics Corporation.
The owner of AutoMotion, Mr. Neville Croft, will
continue to work with his existing customers as
well as cross selling Transbotics’ current
vehicles as Vice President Sales – Automotion.
For over 20 years Transbotics Corporation has
specialized in the design, development, support
and installation of automation solutions with an
emphasis on Automatic Guided Vehicles (AGVs). The
company is a North American automation solutions
integrator that manufactures, installs and supports
various automation technologies including AGVs,
robots, conveyors, batteries, chargers, motors
and other related products.
Transbotics provides unique automation solutions
to a variety of industries, including automotive
(tier one supplier), aerospace and defense, food
and beverage, paper and allied products, newsprint
and publishing, entertainment, microelectronics,
plastics and primary metals. Transbotics’ current
customers include Fortune 500 companies as well
as small manufacturing companies.
This release (including information incorporated
by reference herein) may be deemed to contain certain
forward-looking statements with respect to the financial
condition, results of operation, plans, objectives,
future performance and business of the Company. These
forward-looking statements involve certain risk,
including, without limitation, the uncertainties
detailed in Transbotics Corporation Securities and
Exchange Commission filings.
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TRANSBOTICS
EMPLOYS NEVILLE CROFT AS VICE PRESIDENT SALES
- AUTOMOTION DIVISION
CHARLOTTE, NC – April 27, 2007 - Transbotics
Corporation, (OTC BB: TNSB) (www.transbotics.com),
announced that it entered into an employment contract
with Mr. Neville Croft to serve as Vice President
Sales- AutoMotion Division. Mr. Croft will be responsible
for the sales and expansion of the newly acquired
AutoMotion product line of tape guidance automated
carts. Mr. Croft may receive up to 200,000 shares
of restricted Common stock of Transbotics Corporation,
subject to forfeiture provisions.
Prior to joining the Transbotics Corporation,
Mr. Croft was principal owner of AutoMotion Systems,
Inc. Mr. Croft has over 10 years of experience
selling AGV systems in the North American market
with various AGV suppliers.
“Having Neville come on board is a great
addition to our team,” said Charlie Robison,
CEO. “Neville’s expertise in applying
Automatic Guided Cart solutions will be extremely
valuable to our customers as we introduce
the AutoMotion™ product line. The AutoMotion™ line
of products rounds out and complements our technology
offerings to better address the market needs. These
solutions will assist the Company’s growth
plans.
For over 20 years Transbotics Corporation has specialized
in the design, development, support and installation
of automation solutions with an emphasis on Automatic
Guided Vehicles (AGVs). The Company designs,
integrates, manufactures, installs and supports
automation solutions that efficiently move products
and materials in the workplace through technologies
such as AGVs, robotics, conveyors, palletizers
and related products.
Transbotics provides flexible, automated transportation
solutions to a variety of industries, including
automotive (tier one supplier), aerospace and defense,
food and beverage, paper and allied products, newsprint
and publishing, entertainment, microelectronics,
plastics and primary metals. Transbotics’ current
customers include Fortune 500 companies as well
as small manufacturing companies.
This release (including information incorporated
by reference herein) may be deemed to contain certain
forward-looking statements with respect to the financial
condition, results of operation, plans, objectives,
future performance and business of the Company. These
forward-looking statements involve certain risk,
including, without limitation, the uncertainties
detailed in Transbotics Corporation Securities and
Exchange Commission filings.
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Transbotics
Corporation Received ISO 9001:2000 Certification
of Registration
CHARLOTTE,
NC – February 20, 2006 - Transbotics Corporation,
(OTC Bulletin Board Symbol: TNSB.OB) (www.transbotics.com) – announced
today that it has received Certification of Registration
for ISO 9001:2000 standards. The company has
implemented a number of quality-enhancement initiatives
that focus on delivering ever-improving value to customers
and continuous improvement of overall organizational
performance and capabilities. The ISO 9001:2000
registration confirms the Company's commitment and
serves as an acknowledgement of Transbotics’
customer-first focus.
The
scope of the registration includes all business and
support segments within Transbotics, including the
design, manufacturing, assembly, installation, and
service processes. This important distinction
certifies that Transbotics meets the high standard
demanded by the International Organization for Standardization
(ISO).
ISO
9001:2000 is the latest international standard for
Quality Management Systems set forth by ISO.
Companies seeking registration must demonstrate
their ability to consistently provide products or services
that meet customer and regulatory requirements to the
satisfaction of an independent third party auditor. The
NSF International Strategic Registrations, Ltd. (NSF-ISR)
audit team thoroughly examined the Company's business
processes, data, and records, interviewed employees and
monitored the work in process at Transbotics’ offices
throughout the US.
For
over 20 years, Transbotics Corporation has specialized
in the design, development, support, and installation
of automation solutions with an emphasis on Automatic
Guided Vehicles (AGVs). The Company is a North
American automation solutions integrator that manufactures,
installs, and supports various automation technologies
including AGVs, robots, conveyors, batteries, chargers,
motors, and other related products. Transbotics
provides unique automation solutions to a variety
of industries, including automotive (tier one supplier),
aerospace and defense, food and beverage, paper and
allied products, newsprint and publishing, entertainment,
microelectronics, plastics and primary metals. Transbotics’
current customers include Fortune 500 companies as
well as small manufacturing companies.
This
release (including information incorporated by reference
herein) may be deemed to contain certain forward-looking
statements with respect to the financial condition,
results of operation, plans, objectives, future performance,
and business of the Company. These forward-looking
statements involve certain risk, including, without
limitation, the uncertainties detailed in Transbotics
Corporation Securities and Exchange Commission filings.
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Transbotics Secures AGV System Order in the Printing
Industry
CHARLOTTE,
NC – December 22, 2004 - Transbotics Corporation,
(OTC BB: TNSB) (www.transbotics.com), announced it
received an order for an Automatic Guided Vehicle (AGV) system from an existing
customer in the printing industry. The
order totaling approximately $575,000 is to
be installed over the next seven months and will
include multiple vehicles, controls, hardware, software,
engineering services and other related equipment. “This
is our second order from this important customer.
The automation equipment will be installed
at an existing plant that they have in Pennsylvania”
stated Claude Imbleau, President of Transbotics
Corporation. For
over 20 years Transbotics Corporation has specialized
in the design, development, support and installation
of automation solutions with an emphasis on Automatic
Guided Vehicles (AGVs). The Company is
a North American Automation Solutions Integrator
that manufactures, installs and supports various
automation technology including:
AGVs, robotics, batteries, chargers, motors
and other related products. Transbotics
provides unique automation solutions to a variety
of industries, including automotive (tier one
supplier), aerospace and defense, food and
beverage, paper and allied products, newsprint
and publishing, entertainment, microelectronics,
plastics and primary metals. Transbotics’
current customers include Fortune 500 companies
as well as small manufacturing companies.
This
release (including information incorporated by reference
herein) may be deemed to contain certain forward-looking
statements with respect to the financial condition,
results of operation, plans, objectives, future performance
and business of the Company. These forward-looking
statements involve certain risk, including, without
limitation, the uncertainties detailed in Transbotics
Corporation Securities and Exchange Commission filings.
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