ROBO-STOX™ Global Robotics and Automation ETF Surpasses $25 Million In Assets Under Management

DALLAS, Dec. 11, 2013 /PRNewswire/ -- ROBO-STOX LLC, the world leader in developing investment solutions targeting the robotics and automation space, has announced that the ROBO-STOX^™ Global Robotics and Automation Index ETF (Ticker: ROBO) amassed more than $25 million in assets under management as of November 30, 2013. The Fund became available to investors on NASDAQ through the Exchange-Traded Concepts platform on October 22, 2013.

"The rapid accumulation of assets in our exchange-traded fund provides evidence of the overwhelming interest from investors in the worldwide robotics and automation sector," said Rob Wilson, Chief Executive Officer of ROBO-STOX. "As this industry continues to expand its influence in many sectors of the global marketplace, our ETF offers investors the chance to capitalize on the performance of those robotics and automation companies that possess the most promising growth potential."

The ETF tracks the ROBO-STOX^™ Global Robotics and Automation Index, the first benchmark index dedicated to following robotics and automation companies. To mark the ETF's launch, ROBO-STOX teamed up with Universal Robots, the Danish manufacturer of industrial robots, to have a robot ring the closing bell at the NASDAQ MarketSite in New York's Times Square on November 12, 2013.

"ROBO-STOX combines investment and robotics expertise to provide investors with trustworthy guidance for benefiting from the growing number of investment opportunities related to this emerging industry," said Frank Tobe, Co-Founder of ROBO-STOX and Editor of The Robot Report, a robotics news portal tracking the worldwide business of robotics. "Our index serves an important purpose as a benchmark by which investors can evaluate potential robotics and automation investments."

For media inquiries about ROBO-STOX, please contact Brendan McManus at 646-922-7758 or [e-mail].

About ROBO-STOX
ROBO-STOX LLC is the creator of the first benchmark index to track the global robotics and automation market. Through the expertise of its leadership team and strategic advisors, ROBO-STOX looks worldwide to find new innovations in the robotics space, from companies of all sizes and verticals, to deliver the growth of robotics to investors — from individuals to institutions.

Headquartered in Dallas, Texas, ROBO-STOX is the recognized leader in developing investment solutions that target the robotics, automation and related technology sectors. To learn more about ROBO-STOX, obtain facts about the index and download pertinent information about the industry, please visit www.robostox.com.

CONTACT: Brendan McManus
Jennifer Connelly Public Relations
646-922-7758
[e-mail]

SOURCE ROBO-STOX LLC

Copyright 2013 PR Newswire