HOUSTON — (BUSINESS WIRE) — July 9, 2012 — Quantum International Corp. (OTCBB: QUAN) is pleased to announce that it has signed a letter of intent with the prestigious Industrial Research Institute for Automation and Measurements (PIAP) in Warsaw, Poland, to potentially help commercialize cutting-edge robotics technologies.
Since 1965, PIAP has been dedicated to fostering the implementation of cutting edge research in automation and robotics in industry. Most recently, PIAP has implemented the production of mobile robots designed to supporting antiterrorist missions.
PIAP collaborates regularly with industrial and scientific organizations in the U.S. and the European Union, making the interdisciplinary institution an excellent fit for Quantum’s mission to deliver the next generation of robotics to a hungry, global marketplace.
Robert Federowicz, Quantum International’s CEO, says that the company will immediately begin due diligence toward a definitive agreement with PIAP.
“The Institute serves as a leading hub of robotics innovation, and we’re very excited by the prospect of working closely with them to develop and market the next wave of revolutionary robots,” Federowicz said. “PIAP has a very impressive pipeline of projects in the works that we look forward to examining as we work out a potential deal with them.”
For more information on Quantum International’s robotics initiatives, please visit http://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).
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About Quantum International Corp.
Quantum International Corp. (OTCBB: QUAN) is an emerging 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.
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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.
Quantum International Corporation
Robert Federowicz, 832-308-1260
President and CEO