EASTLAKE, Ohio, June 13, 2018 (GLOBE NEWSWIRE) -- Intellitronix, a wholly-owned subsidiary of US Lighting Group (OTC:USLG), today announced that
it has received a Promobot for testing in lieu of advancing negotiations with Promobot LLC for the exclusive rights to market their customer service robot in the United
States.
“Our engineering staff along with a representative of Promobot LLC have been testing the capability and functionality of
Promobot upon receiving our first robot order,” said Intellitronix CEO, Paul Spivak. “I am pleased to say that Promobot impressed
our engineers in quality and interactive intelligence in a learning environment.”
The robot was delivered, set up and field tested jointly with Intellitronix engineers and a representative of Promobot LLC as an
initial order in determining the final terms of an agreement to distribute the robot in the United States.
According to Statista, the market for robots is forecast to grow from $39.3 billion in 2017 to $498.6 billion
in 2025. The industrial robotics market, which has traditionally represented the robotics industry and has been led by
Japanese and European robotics manufacturers, is giving way to non-industrial robots, such as personal assistant and customer
service robots like Promobot.
About Intellitronix
Intellitronix is a manufacturer of LED lighting, LED gauges and panels, which are energy-saving devices of high-quality automotive
after-market products that are also available to consumers through vendors such as Home Depot. The Company also manufactures an
array of LED energy-saving light bulbs. All of the Company’s products are 'Made in the USA' at its own manufacturing facility
located near Cleveland, Ohio.
About Promobot LLC
The Limited Liability Company has engineered Eastern Europe’s first functional robot in terms of service-oriented applications with
Promobot now in eighteen countries and growing. The robots have been successful in automating processes as administrators,
promoters, hosts, museum guides and financial consultants. Promobot LLC is now in its 4th generation of development with
expanded capabilities that enhance and broaden market demand.
Forward-Looking Statements
Statements included in this press release, other than statements of historical fact, are forward-looking statements made in
reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange
Act of 1934. Forward-looking statements are typically, but not always, identified by the words: believe, expect, anticipate,
intend, estimate, and similar expressions or which by their nature refer to future events. Although the Company believes that the
expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will
prove to have been correct. Actual results may differ materially from those indicated by these statements.
For further information, contact Intellitronix: (440) 359-7200, or sales@intellitronix.com
