ROBO ROBO Global Robotics and Automation Index

RoboGroup's Subsidiary MemCall Receives U.S. Patent Approval ROSH HA'AYIN, Israel, Dec. 17 /PRNewswire-FirstCall/ -- RoboGroup T.E.K. Ltd. today reported that the U.S. Patent and Trademark Office, has issued a patent to its subsidiary MemCall for an application of a Memory with a Call Out Function. This patent, the first out of ten patents filed by MemCall, was filed shortly after the company was incorporated. The patent is based on two innovations related to Content Associative Memories: Distributed Priority Encoder, which enables faster operation and improved scalability and Search Range to provide means for iterative searches and improves table manageability In 2003, MemCall has dedicated its efforts to search for potential strategic partners, both manufacturers and marketers, in the global silicon market. In parallel, MemCall is also negotiating with potential investors in order to raise capital for its operations. Nevertheless, there is no assurance that any of these negotiations will result in financing or strategic partners. Without raising the funds, MemCall will not be able to continue with its development activity and production plans. 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 and management discussion and analysis sections of the Company's Annual Report on Form 20-F. Company Contact: Talia Myron RoboGroup +972-3-900-4170 Agency Contact: Ayelet Shiloni Integrated IR +1-866-447-8633 DATASOURCE: RoboGroup T.E.K. CONTACT: Talia Myron of RoboGroup T.E.K., +972-3-900-4170, ; or Ayelet Shiloni of Integrated IR, +1-866-447-8633, , for RoboGroup T.E.K. Web site: http://www.robo-group.com/

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