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iRobot Corporation Message Board

  • artofcashin artofcashin Jun 10, 2013 8:09 AM Flag

    IRBT Heating Up

    2013 (BUSINESS WIRE) -- At InfoComm today, iRobot Corp. (IRBT), a leader in delivering robotic technology-based solutions, announced the company has signed a joint marketing agreement and is working in close alliance with Cisco to bring the enterprise-grade iRobot Ava 500 video collaboration robot to market. The robot blends together iRobot's autonomous navigation with Cisco's TelePresence to enable people working off-site to participate in meetings and presentations where movement and location spontaneity are important. The new robot is also designed to enable mobile visual access to manufacturing facilities, laboratories, customer experience centers and other remote facilities in a supply chain.

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    • ceo will be on cnbc

    • Did I just die and go to Heaven? I'm absolutely giddy about this new partnership. Cisco! They've been extolling telepresence for many years, but they didn't have the autonav base unit that iRobot can now provide. It seems that avatar telepresence was held back because using a joystick to navigate was too geeky and too time consuming. The autonav feature of just tapping on the destination on your iPad and being able to go back to your work while the Ava 500 automatically completes the journey is the transformational technology that will open up this entirely new world of remote presence.

      The Forbes piece is a glowing review of the product and its potential. "The Ava 500 creator, our real life Tony Stark minus the suit, Colin Angle, CEO, iRobot Corporation, seems to intuitively know what a market needs and how robotics can transform it."

      The AVA 500, besides being practical, is the ultimate status symbol. If the executives of XYZ corporation have avatars, then the executives of other corporations will feel envy until they also have them. The AVA 500 is like a Rolex or a private jet. It shows that you've made it.

      This product could spread like wildfire. I know enthusiasm is the enemy of the investor, but I can't help myself this morning. This news is huge and no matter how much we go up, it isn't enough.

    • premarket likes it .

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