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Vacuum, military robots maker iRobot sets IPO

*iRobot Corp., certainly a sign of the times... weird times>>>

Vacuum, military robots maker iRobot sets IPO
Mon Oct 24, 2005 6:35 AM ET

WASHINGTON, Oct 24 (Reuters) - IRobot Corp., the maker of the Roomba floor vacuum robot and PackBot tactical military robots, on Monday set its planned initial public offering at 4.3 million shares for between $21 and $23 per share.

The underwriters, led by Morgan Stanley and JPMorgan, will have the option to buy 645,000 more shares to cover over-allotments, according to an amended offering document filed with the U.S. Securities and Exchange Commission.


LINK: http://today.reuters.com/investing/financeArticle.aspx?type=governmentFilingsNews&storyID=URI:ur...


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iRobot CEO Colin Angle to Discuss the Robot Industry
October 04, 2005 12:01 AM US Eastern Timezone

iRobot CEO Colin Angle to Discuss the Robot Industry

RoboNexus 2005

--(BUSINESS WIRE)--iRobot

WHAT: Industry visionary Colin Angle delivers keynote address at
RoboNexus Conference.

WHO: Angle, co-founder and CEO of iRobot Corp., has helped
transform iRobot from a small MIT spin-off to a $95
million business, with products currently shipping in 40
countries. iRobot, a provider of robots, has sold more
than 1.2 million iRobot Roomba(R) Vacuuming Robots
worldwide. More than 200 iRobot PackBot(R) Tactical
Military Robots are protecting the troops in Afghanistan
and Iraq.

Angle's 16 years of experience in the robot industry
include work at NASA's Jet Propulsion Laboratory, where he
worked on the behavior-controlled rovers that led to
Sojourner exploring Mars in 1997. This year, Angle has
been a featured speaker on the robot industry's evolution
to audiences at International CES 2005, The Wall Street
Journal's "D - All Things Digital" conference, and The
Future in Review conference. Last month, Angle was honored
as one of Fortune Small Business' Best Bosses of 2005.

WHEN: Friday, October 7, 2005; 9:00 a.m. PT

WHERE: RoboNexus Conference and Exposition
San Jose Convention Center
San Jose, Calif.

Contacts

iRobot
Parna Sarkar, 781-418-3135
[e-mail]
or
Amy Reardon, 303-730-5755
[e-mail]


LINK: http://home.businesswire.com/portal/site/google/index.jsp?ndmViewId=news_view&newsId=20051003006...


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iRobot lands $140M Navy contract upgrade
September 26, 2005
Boston Business Journal

Military and commercial robot maker iRobot Corp. won a $140 million contract upgrade to provide parts and service for the Man Transportable Robotic System the company is building for the U.S. Navy.

According to a press release from the U.S. Department of Defense, the military has an "urgent and compelling need" for the systems, which are used by troops in Operation Enduring Freedom and Operation Iraqi Freedom.

iRobot of Burlington is scheduled to finish the military work for the Naval Sea Systems Command's Indian Head Division in Indian Head, Md., by October 2012.

Earlier this month, iRobot announced that its $12.1 million order for 103 man-transportable robots, known as PackBot, could grow to a deal to make 1,200 robots through 2012.

The company has filed to stage a $115 million initial public offering.


LINK: http://boston.bizjournals.com/boston/stories/2005/09/26/daily14.html?jst=b_ln_hl