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Author Topic: INRA Innova Robotics---BIG NEWS COMING!!
a surfer
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PR From Monday.

More news soon

NASA Expands Order for Innova Robotics & Automation's Universal Robot Controller to Enhance Ground Testing
Monday February 26, 7:00 am ET


Controller Will Increase the Rate of Movement Commands and Synchronize Responses Between Virtual and Physical Robots


FORT MYERS, FL--(MARKET WIRE)--Feb 26, 2007 -- Innova Robotics & Automation, Inc. (OTC BB:INRA.OB - News), a robotics technology firm, today announced that NASA has expanded a previous order for the Universal Robot Controller 3(TM) (URC3(TM)) from the Robotic Workspace Technologies (RWT(TM)) subsidiary. Innova will further increase the capabilities of the URC3 so that it will be able to process commands at an even faster rate of 1,131 commands per second, up from the 1,000 commands per second specified in the original order. In addition, Innova will provide an external clock synchronization signal to NASA's Linux-based host PC that will function as the "heart beat" that triggers the initiation of commands to the robotic arm.
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NASA needs the increased functionality to simulate a robotic arm operating in the zero-gravity environment of space where deflection and other zero-gravity effects could affect a mission outcome. NASA is already using the URC3 at the Goddard Space Flight Center (GSFC) to engineer and simulate the navigation capabilities of a docking system it is developing.

"This addition to the original NASA order gives us the opportunity to further demonstrate the benefits and functionality capable from an open architecture, PC robot controller," said Robert Ballard, vice president of operations, RWT. "It also provides Innova another opportunity to showcase its expertise in developing custom technology solutions to improve the productivity and efficiency of robotic applications."

Key capabilities of the URC3 include increased processing speeds for improved path following and motion control, and improved communications between the robot and the controller, and between the controller and other enterprise systems. The URC has been awarded three pioneer patents issued by the USPTO pertaining to the interface of a general use computer and the demanding motion control required by robots, regardless of specific applications.

"We are gratified to start the year by expanding our relationship with NASA and being more involved in the development work for NASA's operations in space," said Walter Weisel, Chairman and CEO, Innova Robotics & Automation. "I believe that today's announcement speaks to the success to date of Innova's engineering team on this project, and we look forward to our expanded role with NASA."

The URC is designed for plug-and-play connectivity and simplifies programming tasks through the use of its universal programming language, RobotScript®, which is based on Microsoft® technology. RobotScript features English-language commands and syntax, making it very easy for operators to learn and use. Because the controller utilizes non-proprietary components, replacement parts are commercially available and can be quickly and inexpensively purchased "off the shelf." The URC3 is more compact than the previous model as well as several OEM controller models, freeing up valuable floor space on the production floor for other processes. The URC and the RobotScript programming language are also being used to operate various models of ABB, Cincinnati Milacron, Fanuc, Kawasaki, Unimation and Yaskawa Motoman robotic arms.

About Innova Robotics & Automation, Inc.

Fort Myers, Fla.-based Innova Robotics & Automation (OTC BB:INRA.OB - News) pioneers innovative control, software and communication solutions that make robotics and automated systems more productive, powerful and profitable for customers in the telecommunications, manufacturing, aerospace, research, and service industries. The Company is chartered to continue expanding its growing suite of technologies through acquisitions and organic growth. Innova operates through three subsidiaries, Robotic Workspace Technologies (RWT), CoroWare Technologies, and Innova Robotics, which offer convergent technology and expertise that bridge robots, facilities and business systems for greater functionality and ROA. Visit Innova online at www.innovaroboticsautomation.com.

Forward-Looking Statements:

Forward-looking statements such as "believe," "expect," "may," "plan," "intend," etc., contained herein are within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties and are based on the Company's beliefs and assumptions it made using information currently available to it and which reflect current views concerning those future events. Actual results could differ materially. Therefore, undue reliance should not be placed on any forward-looking statements, since they apply only as of today's date, and accordingly, reference should be made to the Company's periodic filings with the SEC.


Contact:
Contacts:

Press:

Jennifer Gery
Brainerd Communicators, Inc.
212-986-6667
gery*braincomm.com

Or:

Sandra L. Brooks
INCOMM International Inc.
904-636-5085
slbrooks*incomminternational.com

Investors:

Todd St.Onge
Brainerd Communicators, Inc.
212-986-6667
stonge*braincomm.com



--------------------------------------------------------------------------------
Source: Innova Robotics and Automation, Inc.

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a surfer
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http://stockcharts.com/charts/gallery.html?inra

On an uptrend now!

Settlement news.....Soon

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a surfer
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Last 10Q

http://knobias.10kwizard.com/filing.php?repo=tenk&ipage=4504150&doc=1&total=&bac k=2&g=&attach=on

Under 80 million float.

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Jason0352
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Settlement rumored to be around 70 mil. Haven't been PRed yet and when it will KABOOOOM. Get in this now folks.
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a surfer
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OK I just looked at PACER with my own eyes.

Stipulated order of dismissal.

They have come to an agreement but does not contain the $$$ awarded by defendant


It is possible that it is up to 70 million!!!

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Jo4321
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Just a waiting game now.

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"Great Day for Up!"....Dr. Seuss

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Duncan Idaho
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Massive dilution.

http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename %3D0001144204%252D06%252D050988%252Etxt%26filepath%3D%255C2006%255C12%255C01%255 C&symbol=INRA

Title of Each Class of Securities to be Registered



Amount To Be Registered



Proposed Maximum Offering Price Per Share (1)



Proposed Maximum Aggregate Offering Price



Amount of Registration Fee


Common Stock, $.001 par value per share (2)





17,500,000



$

0.19



$

3,325,000.00



$

355.78


Common Stock, $.001 par value per share (3)





9,300,000



$

0.19



$

1,767,000.00



$

189.07


Total





26,800,000









$

4,288,000.00

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a surfer
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This company is about 30 min. from my house.

I have the number to the attorneys I am calling now.

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Jo4321
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up 22%

.27

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a surfer
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Attorneys can not say settlement amount.

Also called Todd st. Onge

He could not say either.

He is calling me back with exact current share structure.

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SherriT
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So do you think someone will PR the settlement, or can they ever?

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Jason0352
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It has to be PRed. They are a reporting co.
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cassity
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quote:
Originally posted by SherriT:
So do you think someone will PR the settlement, or can they ever?

They did the other day, with a company!

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www.klove.com

-Cassity

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SherriT
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Alright I am in - after CHNW this morning, I need something GOOD to happen!

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Study before you buy, Sell before you think about it....

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a surfer
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quote:
Originally posted by SherriT:
Alright I am in - after CHNW this morning, I need something GOOD to happen!

Good Sherri!!
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cassity
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quote:
Originally posted by a surfer:
quote:
Originally posted by SherriT:
Alright I am in - after CHNW this morning, I need something GOOD to happen!

Good Sherri!!
Any updates?

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www.klove.com

-Cassity

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SherriT
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Updates on what?

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Study before you buy, Sell before you think about it....

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cassity
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quote:
Originally posted by SherriT:
Updates on what?

From the people surfer was contacting.

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www.klove.com

-Cassity

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a surfer
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nothing yet
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cassity
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So close to a new HOD!!

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www.klove.com

-Cassity

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Jo4321
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It keeps hitting that .279 wall.

Shoudl be smooth sailing after that.

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cassity
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New HOD!! Picking up momo too!

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www.klove.com

-Cassity

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a surfer
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Looking Good....

News imminent?

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stocktrader22
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I got in this morning at .235 thanks surfer.

3MM at .29
1 MM at .40


suppper thin!

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Disclaimer: Not accountable for anything I say

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stocktrader22
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I'm a little concerned about the dilutie filings though with the SB-2 thats really diluting the float.

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cassity
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quote:
Originally posted by stocktrader22:
I got in this morning at .235 thanks surfer.

3MM at .29
1 MM at .40


suppper thin!

Great find surfer!!! LOL

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www.klove.com

-Cassity

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cassity
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NEW HOD!!

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www.air1.com

www.klove.com

-Cassity

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Jo4321
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.31 nice!

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SherriT
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Thanks for the tip, Surf!!!

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a surfer
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Thank Cassity too!!!!
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Jason0352
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quote:
Originally posted by stocktrader22:
I'm a little concerned about the dilutie filings though with the SB-2 thats really diluting the float.

LOL are you still concerned. LMAO
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SherriT
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quote:
Originally posted by a surfer:
Thank Cassity too!!!!

Thanks Cass! I'm sorry I started to thank you too at first, but thought I was mixing up who picked what [Big Grin]

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Study before you buy, Sell before you think about it....

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cassity
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quote:
Originally posted by SherriT:
quote:
Originally posted by a surfer:
Thank Cassity too!!!!

Thanks Cass! I'm sorry I started to thank you too at first, but thought I was mixing up who picked what [Big Grin]
NP, Hope we make some coin on this one!!

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-Cassity

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SherriT
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Anything new to report? Hoping for a decent EOD here...

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got2hvfaith
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Let's hope for the rumors of a nice juice (settlement) PR afterhours is true!!
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