BURLINGTON, Mass. – July 27, 2005 – iRobot Corporation today announced that it has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of its common stock. iRobot is a leading global provider of robots that enable people to complete complex tasks in a better way. The number of shares to be offered and the price range for the offering have not yet been determined.
The offering is being made through an underwriting syndicate led by Morgan Stanley & Co. Incorporated and J.P. Morgan Securities Inc. acting as joint book-running managers. First Albany Capital Inc., Needham & Company, LLC, and Adams Harkness, Inc. will act as co-managers.
A registration statement relating to these securities has been filed with the Securities and Exchange Commission, but has not yet become effective. These securities may not be sold nor may offers to buy be accepted before the registration statement becomes effective. This release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any State in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such State.
When available, copies of the preliminary prospectus relating to the offering can be obtained by contacting the prospectus department at Morgan Stanley & Co. Incorporated, 1585 Broadway, New York, NY 10036 (212-761-6775) or J.P. Morgan Securities Inc., 1 Chase Manhattan Plaza, New York, NY 10081 (212-552-5164).
| Contact: | |
| Parna Sarkar iRobot Corp. psarkar@irobot.com (781) 418-3135 |
Elena Frigeri A&R Partners for iRobot Corp. efrigeri@arpartners.com (212) 905-6153 |