The significance of this transaction is that it provides the basis for study, curriculum development, and training of top-quality students at a superior university in the field of robotics and unmanned aircraft using Innova proprietary software. This is the first step in putting the Innova product in the hands of future users who will become accustomed to the ease and adaptability of Innova robotics software and PC controls technologies. These users will subsequently be able to transfer that knowledge to other products in the Innova suite like BattleScript for unmanned vehicle applications, JAUS compliance software, and other planned control software applications.
“This order for the URC and a robot signal the start of an intensive R&D effort,” said Walter Weisel, Chairman and CEO of Innova Holdings. “There is a great need in both the commercial and military markets for unmanned robotic vehicles that can perform tasks on the ground, in the air, and under sea. We are confident that this relationship will result in commercially viable innovation for real-world applications.”
This collaborative effort is the first since forming the alliance between Innova Robotics and ERAU just a few weeks ago.
Innova Holdings and ERAU plan to exhibit the results of their combined R&D efforts at the Association for Unmanned Vehicle Systems International (AUVSI) Unmanned Systems North America 2006 Symposium and Exhibition, which is being held August 29-31, 2006 at the Gaylord Palms Resort & Convention Center in Orlando, Florida. This is the world’s largest display of unmanned systems technology with over 175,000 square feet of exhibits and more than 70 presentations featuring the latest industry trends and activities. Innova Robotics and ERAU will focus on communication and control in aviation, space applications, and the Innova communications link between space and unmanned aircraft.
Innova Holdings has been working with the NASA Goddard Space Flight Center (GSFC) that is using the high-performance URC as the control system to prove-out robotic mechanisms that would be deployed for the future mission to the Hubble Space Telescope (HST). Embry-Riddle Aeronautical University is recognized as a world leader in aerospace education including aerospace engineering, aeronautical science, flight and flight-testing, aircraft and propulsion systems, avionics engineering and other associated disciplines. Combining these efforts will provide the communications data link required for commercial and military operations of the future.
About Innova Holdings, Inc.
Innova Holdings, Inc. (OTC BB: IVHG), Fort Myers, Florida, builds shareholder value by developing and acquiring technology-differentiated solutions with extraordinary potential for profitable and sustainable growth. Innova Holdings is chartered to continue expanding its growing suite of technologies through acquisitions and organic growth.
About Robotic Workspace Technologies, Inc.
Robotic Workspace Technologies (RWT), Fort Myers, Florida, is a subsidiary of Innova Holdings, Inc. and a leading provider of open architecture, patent-protected, PC controls, software, and related products that improve the performance, applicability, and productivity of robots and other automated equipment. RWT holds three pioneer utility patents issued by the United States Patent and Trademark Office (USPTO) and patents pending pertaining to the interface of a general use computer and the mobility of robots, regardless of specific applications. 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 33 years, and is a recipient of the prestigious Joseph F. Engelberger Award recognizing his contributions to the advancement of robotics and automation.
About Innova Robotics, Inc.
Innova Robotics, Inc., Fort Myers, Florida, is a subsidiary of Innova Holdings, Inc., founded specifically to enable development of technologies, applications, and emerging markets in military, space, undersea exploration, and homeland security. As a wholly owned subsidiary of Innova Holdings, Inc., Innova Robotics will leverage the patented products, technology, and robotics expertise of RWT, as well as strategic relationships with system integrators and third-party developers to earn a leadership position in this emerging industry.
RWT™, Universal Robot Controller™, URC™ RobotScript®, 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.
Sandra L. Brooks
INCOMM International Inc.
7825 Baymeadows Way, Suite 101-A
Jacksonville, FL 32256
Tel: (904) 636-5085