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iRobot Corp. Initial Public Offering Priced at $24 per Share

BURLINGTON, Mass. – Nov. 9, 2005 – iRobot Corp. (NASDAQ: IRBT) announced today its initial public offering of 4,300,000 shares of common stock, 3,260,870 of which are being sold by iRobot and 1,039,130 of which are being sold by selling stockholders of iRobot, at $24 per share.  The selling stockholders have granted the underwriters the right to purchase up to an additional 645,000 shares at the initial public offering price.  The shares will be listed on the NASDAQ National Market under the symbol “IRBT.”

iRobot designs robots that perform dull, dirty or dangerous missions in a better way. The company’s proprietary technology, iRobot AWARETM Robot Intelligence Systems, incorporates advanced concepts in navigation, mobility, manipulation and artificial intelligence. This proprietary system enables iRobot to build behavior-based robots, including its family of consumer and military robots.

The offering was made through an underwriting syndicate led by Morgan Stanley & Co. Incorporated and J.P. Morgan Securities Inc., who acted as joint book-running managers. First Albany Capital Inc., Needham & Company, LLC, and Adams Harkness, Inc. acted as co-managers.

A copy of the prospectus relating to these securities can be obtained by writing or telephoning 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).

A registration statement relating to these securities has been filed with the Securities and Exchange Commission and become 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.

Parna Sarkar
iRobot Corp.
(781) 418-3135
Elena Frigeri
A&R Partners for iRobot Corp.
(212) 905-6153