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Tuesday, 09/29/2015 5:18:30 PM

Tuesday, September 29, 2015 5:18:30 PM

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GROC Merger Highlights: acquisition of Cyberworks Robotics Inc., a pioneer in the autonomous robotics industry.

Sept 24, 2015 Toronto ON Canada, Great Rock Development is pleased to announce the acquisition of Cyberworks Robotics Inc., a pioneer in the autonomous robotics industry.

Cyberworks is now entering strategic partnership discussions
with select OEMs to adapt and commercialize its next generation navigation technology to third party products.
http://cyberworksrobotics.com/

Great Rock has finalized the cancellation of a total of 120,000,000 shares of common stock

Eliminated all but approx. $14,000 of debt.

Post acquisition the new total issued & outstanding share amount is 247,520,269 issued common shares.

The float is estimated at approximately 38,000,000 shares

(OTC: GROC) is pleased to announce the appointment of Mr. Vivek Burhanpurkar. as President, C.E.O. and Director. He served as Managing Director of CRS Robotics, a TSX- listed multinational robotics company with over 200 fulltime staff and, within six months of joining the company, expanded its market presence across Asia Mr. Burhanpurkar has been the subject of over 200 feature articles in major publications, including the New York Times, LA Times, Washington Post, Globe and Mail, The Guardian, Financial Times, Financial Post, and Profit magazine, as well as in syndicated television news magazines.

Cyberworks 3D Sensor The new Cyberworks navigation system utilizes a new generation of RGBD sensor which combines the low cost of ultrasonics, the accuracy of laser, and the 3D performance of machine vision.

Cyberworks Demo Video From August 2015
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=117240768

Great Rock Development Acquires Pioneering Autonomous Robotics Company


Sept 24, 2015 Toronto ON Canada, Great Rock Development is pleased to announce the acquisition of Cyberworks Robotics Inc., a pioneer in the autonomous robotics industry
.

About Cyberworks Robotics
Cyberworks Robotics brings a wealth of experience and knowledge to Great Rock as it is an established leader in the Automation Industry and has the technological reach to target several vertical markets.

These include, but are not limited to, automation of the industrial cleaning and wheel chair markets. The industrial cleaning market alone is the largest prospective industry for deployment of fully autonomous robots and is an area in which we believe Cyberworks Robotics has a dominant position having created the worlds first robotic cleaners that had international sales starting in the late 1980's. Additionally;

· In 1984 Cyberworks Robotics demonstrated the world’s first autonomous robot which could navigate and work in unknown areas without any apriori teaching or map learning – it was the world’s first truly autonomous mobile robot.

· Cyberworks Robotics developed the world’s first robotically assisted electric scooter for the disabled in 1991 with then industry leader Everest & Jennings.

As part of the acquisition Great Rock is to issue 160,000,000 restricted common shares and 400,000 super voting shares to the shareholders of Cyberworks Robotics.


Capital Structure
In follow up to our September 11, 2015 and September 15, 2015 press releases, Great Rock has finalized the cancellation of a total of 120,000,000 shares of common stock and through the divestiture eliminated all but approx. $14,000 of debt. Post acquisition the new total issued & outstanding share amount is 247,520,269 issued common shares. The float is estimated at approximately 38,000,000 shares consistent with the past 3 years.

Management looks forward to sharing more information on our progress through timely news releases and email updates.

September 15, 2015 /PRNewswire/ -- Great Rock Development Corp (OTC: GROC) is pleased to announce the signing of a Letter of Intent to acquire an autonomous robotics company.

The target company brings a wealth of experience and knowledge to Great Rock as it is an established leader in the Automation Industry and has the technological reach to target several vertical markets.

The parties have been undergoing extensive due diligence and hope to finalize the transaction in the next few weeks. Both parties are operating under a non disclosure agreement until such time as the binding agreement is executed.

Further Stock cancellation
Strengthening our balance sheet and corporate structure further, Great Rock expects to cancel an additional 40,000,000 common shares in the next week. The cancellation will bring the issued and outstanding stock to less than 88,000,000 shares pre acquisition.

Management looks forward to sharing more information on our progress.


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