Transbotics Corporation, (OTC BB: TNSB) (http://www.transbotics.com
), announced it received an order for an Automatic Guided Vehicle (AGV) system from an existing customer in the publishing industry. The order, totaling approximately $425,000, is based around AGVs capable of transporting loads of up to 3,500 pounds. It is to be installed over the next six months and will include multiple vehicles, controls, hardware, and other related equipment, software, and engineering services.
“This new order strengthens our relationship with this important customer,” stated Claude Imbleau, President of Transbotics Corporation. “The new system continues our customer’s commitment to automating its production processes, thereby increasing worker safety, reducing damage to work in process and building a scalable platform for increased automation in the future. The new vehicles will allow significant cost savings to the customer due to their ability to transfer heavy loads without special rail equipment.”
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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