Exhibit 99.1
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Contacts: |
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Elise Caffrey
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Nancy Smith |
Investor Relations
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Media Relations |
iRobot Corp.
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iRobot Corp. |
(781) 430-3003
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(781) 430-3323 |
ecaffrey@irobot.com
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nsmith@irobot.com |
COLIN ANGLE TO SUCCEED HELEN GREINER AS CHAIRMAN OF THE BOARD OF IROBOT
Greiner to Remain on Board of Directors
Bedford, Mass., October 22, 2008 iRobot Corp. (Nasdaq: IRBT) today announced that Helen Greiner
has resigned as chairman of the board of iRobot, effective October 24, 2008. The board of
directors has elected Colin Angle to serve as chairman of the board in addition to his current role
as chief executive officer of iRobot. Helen will continue to serve on iRobots board of directors
as a non-employee director while pursuing other interests and opportunities within the robot
industry.
Since co-founding iRobot in 1990, Helen has been an integral part of the company and played a
large role in our success, said Angle. We are fortunate
that she will maintain a position on our board of directors as she continues to drive the robot
industry forward.
I
will remain close to the company through my work on the board, said Greiner. I am excited about
where the robot industry is going and how I can help shape the future through individual endeavors,
work with the Robotics Technology Consortium, Massachusetts Robotics Cluster and the various boards
on which I serve.
Helens knowledge of
the robot industry is surpassed only by her passion for its growth. We
appreciate all of her hard work and dedication to iRobot and look forward to her continued
contribution as a member of the board, said The Honorable
Jacques Gansler, PhD, an iRobot board member.
Colin Angle was the boards unanimous choice in succeeding Helen.
About iRobot Corp.
iRobot designs and builds robots that make a difference. The companys home robots help people with
smarter ways to clean, and our government and industrial robots protect those in harms way.
iRobots 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.
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
iRobot Corporation
8 Crosby
Drive, Bedford, MA 01730 781.430.3000 Fax 781.430.3001 www.iRobot.com
forward-looking statements relating to, among other things,
iRobot Corp.s expectations
concerning managements plans. 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.
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iRobot Corporation
8 Crosby
Drive, Bedford, MA 01730 781.430.3000 Fax 781.430.3001 www.iRobot.com