RoboGroup T.E.K to Voluntarily Delist From Nasdaq Capital Market
07 Diciembre 2005 - 7:58AM
PR Newswire (US)
ROSH HA'AYIN, Israel, December 7 /PRNewswire-FirstCall/ --
RoboGroup T.E.K Ltd. (NASDAQ:ROBO)(TASE:ROBO) announces the
voluntary delisting of its ordinary shares from the NASDAQ Capital
Market at the opening of business on December 8, 2005. The
delisting shall occur simultaneously with the completion of the
90-day period following the Company's previously reported filing of
its Form 15 with the Securities and Exchange Commission. Following
the deregistration and delisting, the Company's shares will
continue to trade on the Tel Aviv Stock Exchange ("TASE").
Information for shareholders holding their shares through U.S.
brokers, who wish to trade the Company's shares on the TASE
following the delisting, is available on the Company's website at:
http://www.robo-group.com/ About RoboGroup The Company and its
subsidiaries are engaged in two major fields of activity. The first
is the field of education devoted to the Company's training
products and e-learning systems, where the Company is a world
leader in engineering and manufacturing technology training
systems. The other field of activity is the development,
manufacturing and marketing of motion control products for the
industrial market, which is performed through the Company's
subsidiary, Yaskawa Eshed Technologies Ltd. (YET). 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: Michal Afuta
RoboGroup +972-3-900-4112 Agency Contact: Ayelet Shiloni Integrated
IR +1-866-447-8633 DATASOURCE: RoboGroup t.e.k. Ltd CONTACT:
Company Contact: Michal Afuta, RoboGroup, , +972-3-900-4112. Agency
Contact: Ayelet Shiloni, Integrated IR, , +1-866-447-8633
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