iRobot Corp. (NASDAQ: IRBT), a leader in delivering robotic
technology-based solutions, today announced that it has entered into a
manufacturing services agreement with Jabil Circuit, Inc.
(NYSE:
JBL).
Under the terms of the agreement, Jabil will provide various services to
iRobot, consisting of manufacturing, testing and supplying iRobot’s
consumer products, including the iRobot Roomba® floor vacuuming robot.
"We are pleased to have reached this agreement with Jabil and look
forward to working with them in the years ahead,” said Jeffrey Beck,
president of iRobot’s Home Robots Division. "This relationship will
provide iRobot numerous benefits, including diversifying key elements of
our supply chain, providing geographic flexibility to address new
markets with localized operations and expansion of overall capacity to
meet growing demands.”
"Jabil’s electronics expertise and world class services are a great
match for iRobot’s innovative products,” said Colin Angle, chairman and
chief executive officer of iRobot. "This agreement augments the existing
relationship we established with Jabil in 2006 to provide components for
our government robots. We are excited to be working with them to bring
our home robots to market as well.”
"Our global manufacturing capabilities will afford reliable and
cost-effective solutions for iRobot’s consumer products,” said
Alessandro Parimbelli, Jabil’s vice president, global business units.
"We look forward to expanding this relationship with iRobot.”
About iRobot Corp.
iRobot designs and builds robots that make a difference. The company’s
home robots help people find smarter ways to clean, and its government
and industrial robots help protect those in harm’s way. iRobot’s
consumer and military robots feature iRobot Aware® robot
intelligence systems, proprietary technology incorporating advanced
concepts in navigation, mobility, manipulation and artificial
intelligence. For more information about iRobot, please visit www.irobot.com.
About Jabil
Jabil is an electronic product solutions company providing comprehensive
electronics design, manufacturing and product management services to
global electronics and technology companies. Offering complete product
supply chain management from facilities in 22 countries, Jabil provides
comprehensive, individualized-focused solutions to customers in a broad
range of industries. Jabil common stock is traded on the New York Stock
Exchange under the symbol, "JBL”. Further information is available on
Jabil’s website: jabil.com.
For iRobot Investors
Certain statements made in this press release that are not based on
historical information are forward-looking statements which are made
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. This press release contains express or
implied forward-looking statements relating to, among other things,
iRobot Corp.’s expectations concerning management's plans, objectives
and strategies. These statements are neither promises nor guarantees,
but are subject to a variety of risks and uncertainties, many of which
are beyond our control, which could cause actual results to differ
materially from those contemplated in these forward-looking statements.
Existing and prospective investors are cautioned not to place undue
reliance on these forward-looking statements, which speak only as of the
date hereof. iRobot Corp. undertakes no obligation to update or revise
the information contained in this press release, whether as a result of
new information, future events or circumstances or otherwise. For
additional disclosure regarding these and other risks faced by iRobot
Corp., see the disclosure contained in our public filings with the
Securities and Exchange Commission including, without limitation, our
most recent Annual Report on Form 10-K.
