January, 2013

ESI has signed agreements of cooperation and contracts with two companies in People’s Republic of China. The agreements and contracts have been signed during the last quarter of 2012. Both companies are located in Shanghai.

One company is a leader and pioneer in industrial robotics. The collaboration is for the development of new industrial robotic products to be manufactured and sold in China. The first phase of development will be completed in February 2013. ESI has also licensed the company to manufacture and sell some of ESI mobile robots in the People’s Republic of China.

The other cooperation is with a conglomerate active in industrial automation. The collaboration is on sale and manufacture of ESI products, and development of custom robot-based automation for the Chinese market.

Patent Issued

Mobile Robot, US Patent No. 8,360,178, issued Jan/13.