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Tuesday, 06/06/2023 3:27:12 PM

Tuesday, June 06, 2023 3:27:12 PM

Post# of 45086
$RGGI: ResGreen Launches New, Bidirectional Automatic Guided Vehicle (AGV) that Moves Loads Up to 5,000 Pounds

SHELBY TOWNSHIP, Mich., May 24, 2023 (GLOBE NEWSWIRE) -- ResGreen Group International, Inc. (OTC PINK: RGGI) (the "Company"), a next-gen mobile robot and software solutions company, introduced today its bidirectional BigBuddy, one of the most robust AGVs in the industry that uses magnetic tape to move loads up to 5,000 pounds.

"BigBuddy greatly expands our portfolio of AGVs and AMRs with its full-reversing capability, high-load capacity and modular design," said Parsh Patel, Regreen's CEO. "It features dual-drive, brushless motors that have a higher torque than brushed motors, leading to better performance, improved heat dissipation and increased horsepower."

BigBuddy was built for both demanding industrial environments and crowded warehouses that require high maneuverability. With two independent drive motors, BigBuddy offers zero point turning. It travels up to 1.7 m per second, unloaded on a straight path.

ResGreen engineers made safety a top priority when designing BigBuddy AGV, which includes two 16-zone LiDAR lasers in the front and back of the vehicle. It uses LiFePO4 batteries that do not overheat or catch fire.

BigBuddy is compact in size, measuring 11.75" tall, 28" wide, 59" long (including LiDAR housings).

About ResGreen Group International, Inc. (RGGI)

ResGreen is a premier provider of automated material handling solutions, including interoperable software, Autonomous Mobile Robots (AMRs), Automatic Guided Vehicles (AGVs) and industrial automation devices. Connectivity and collaboration are the cornerstones of ResGreen's products, as well as Industry 4.0 and 5.0. ResGreen's team of experienced engineers use the Internet of Things (IoT), MQTT protocol and Robot Operating System (ROS) to design technologies that interface with a wide variety of automated equipment, electronic components and software systems. For more information, visit http://www.resgreengroup.com. Follow us on LinkedIn and Twitter.

ResGreen's bidirectional BigBuddy is one of the most robust AGVs in the industry.

Forward Looking Statement

This news release includes certain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. Forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include general business, economic, competitive, regulatory, markets and other conditions, political and social uncertainties. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. No information in this news release should be construed as any indication whatsoever of the Company's future stock price, revenues, or results of operations. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Contact:

Sarah Carlson

scarlson@resgreengroup.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3d4d7ab3-c4fa-49b2-af3d-d8c1c4954be5

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