|By Business Wire||
|September 20, 2012 05:00 AM EDT||
As Quantum International Corp. (OTCBB: QUAN) works to deliver life-changing robotics innovations to customers, the market is trending toward smaller, more user-friendly robots designed to work alongside humans—not replace them.
“Small manufacturers are the future for industrial robotics,” said Quantum CEO Robert Federowicz. “We’re exploring the development of smaller, safer assembly line robots that you won’t need a hard hat to get near. Smartphones and tablets like the Apple (NASDAQ: AAPL) iPad could provide the ideal interface for these new machines.”
This more affordable, more flexible generation of robots could help bring more manufacturing jobs back to the U.S., eliminating the need to outsource complex, repetitive tasks in the manufacture of electronics such as smartphones and laptops to countries with low wages.
“The next generation of industrial robots will be closer to iRobot’s (NASDAQ: IRBT) Roomba than the one-armed giants welding cars together today,” Federowicz said. “We’re hard at work positioning Quantum to capitalize on this coming wave.”
Quantum is currently negotiating a definitive agreement with Industrial Research Institute for Automation and Measurement (PIAP), a prestigious European robotics developer. Partnering with PIAP could be the key to unlocking billions in potential revenues in the booming robotics industry: 5,556 robots worth $403.1 million sold to North American companies in the second quarter of 2012, up 14 percent in units and 28 percent in dollars over the same period last year.
For more information on Quantum International’s robotics initiatives, please visit www.quantuminnovators.com/investors.html.
Quantum International Corp. is working to develop the next generation of robotics technology to compete in a booming global industry alongside Intuitive Surgical, Inc. (NasdaqGS: ISRG), iRobot Corporation (NasdaqGS: IRBT), Medtronic, Inc. (NYSE: MDT) and Dover Corp. (NYSE: DOV).
Follow us on Twitter at www.twitter.com/QuantumIntlCorp.
About Quantum International Corp.
Quantum International Corp. (OTCBB: QUAN) is a robotics innovation company working to commercialize the next generation of sophisticated, automated technology. The Company is positioning itself to develop, deliver and market the most cutting-edge innovations in robotics in order to leverage the worldwide demand for the precision, speed, and cost-effectiveness these technologies offer.
For more information about Quantum International Corp., please visit www.quantuminnovators.com.
Notice Regarding Forward-Looking Statements
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words “believes,” “expects,” “anticipate” or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone’s past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.