RoboGroup Announces Agreement to Supply e-Learning System to Yaskawa Electric Corporation of Japan

RoboGroup Announces Agreement to Supply e-Learning System to
Yaskawa Electric Corporation of Japan 


ROSH HA'AYIN, Israel, July 8  /PRNewswire-FirstCall/ -- RoboGroup T.E.K. Ltd.
(NASDAQ:ROBO), today announced that it has signed an agreement with Yaskawa
Electric Corporation ("YEC"), a leading Japanese industrial company, to supply
LearnMate, RoboGroup's learning management system, as well as custom e-learning
content. RoboGroup and YEC each hold a 50% stake in Yaskawa Eshed Technology
Ltd.("YET").

The sales price for the e-learning system is $750,000. The Company will develop
the custom content to assist YEC in its training efforts for its high-level
suite of motion control products. The agreement provides for a multi-stage
implementation of both LearnMate and the custom content over the next few
quarters.

RoboGroup's CEO Rafael Aravot commented: "We are delighted to have signed this
agreement with YEC. We see this agreement as an important milestone in
penetrating the industrial arena and we hope to leverage this success into
additional agreements."

About RoboGroup

RoboGroup engages in three business sectors. The first sector is devoted to
RoboGroup's training products and e-learning systems. RoboGroup is a world
leader in engineering and manufacturing technology training systems. The
Company is market driven, deriving its growth from technological leadership,
strong partnerships and management expertise. The second is Yaskawa Eshed
Technology (YET), a joint venture with Japan's Yaskawa Electric Corp., which
provides industrial motion controls, particularly those based on its patented
algorithms. The third focuses on MemCall, a fabless VLSI semiconductor
developer with unique Call Out Memory(TM) technology for Internet and
communications applications requiring intensive search and filter capabilities.
For more information, visit http://www.robo-group.com/.

To the extent that this press release discusses expectations about market
conditions or about market acceptance and future sales of the Company's
products, or otherwise makes statements about the future, such statements are
forward-looking and are subject to a number of risks and uncertainties that
could cause results to differ materially from the statements made. These
factors include the rapidly changing technology and evolving standards in the
industries in which the Company and its subsidiaries operate, risks associated
with the acceptance of new products by individual customers and by the market
place and other factors discussed in the business description, risk factors and
management's discussion and analysis sections of the Company's Annual Report on
Form 20-F.

  Company contact:
  Talia Myron
  RoboGroup
  
  [phone]

  Agency contact:
  Ayelet Shiloni
  Integrated IR
  
  [phone]


DATASOURCE: RoboGroup t.e.k. Ltd



CONTACT:  Company contact: Talia Myron, RoboGroup,

, [phone].  Agency contact:

Ayelet Shiloni, Integrated IR, ,

[phone]

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