UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): | December 21, 2007 |
iROBOT CORPORATION
__________________________________________
(Exact name of registrant as specified in its charter)
Delaware | 000-51598 | 77-0259335 |
_____________________ (State or other jurisdiction |
_____________ (Commission |
______________ (I.R.S. Employer |
of incorporation) | File Number) | Identification No.) |
63 South Avenue, Burlington, Massachusetts | 01803 | |
_________________________________ (Address of principal executive offices) |
___________ (Zip Code) |
Registrants telephone number, including area code: | (781) 345-0200 |
Not Applicable
______________________________________________
Former name or former address, if changed since last report
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 7.01 Regulation FD Disclosure.
On December 21, 2007, iRobot Corporation issued a press release, a copy of which is being furnished as Exhibit 99.1 to this Report on Form 8-K.
The information in this Report on Form 8-K and Exhibit 99.1 attached hereto is intended to be furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits:
99.1 Press Release issued by the registrant on December 21, 2007, furnished herewith.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
iROBOT CORPORATION | ||||
December 21, 2007 | By: |
/s/ Glen D. Weinstein
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Name: Glen D. Weinstein | ||||
Title: General Counsel and Secretary |
Exhibit Index
Exhibit No. | Description | |
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99.1
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Press Release issued by the registrant on December 21, 2007, furnished herewith. |
Contacts:
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Nancy Dussault Smith Media Relations iRobot Corp. (781) 418-3323 ndussault@irobot.com |
Elise Caffrey Investor Relations iRobot Corp. (781) 418-3003 ecaffrey@irobot.com |
iRobot Prevails in Lawsuits Against Robotic FX
Company settles all disputes with former employee
BURLINGTON, Mass., Dec. 21, 2007 iRobot Corp. (Nasdaq: IRBT) today announced that federal courts in Massachusetts and Alabama have entered judgments in favor of iRobot and all disputes with former employee Jameel Ahed and his company, Robotic FX, Inc., have been settled. In August, iRobot filed two lawsuits against Ahed and Robotic FX: the Alabama action was for patent infringement, and the Massachusetts action was for trade secret misappropriation.
In the patent infringement suit against Robotic FX for its Negotiator robot, the U.S. District Court for the District of Northern Alabama entered a judgment that Robotic FX knowingly infringed on both asserted patents. Similarly, the U.S. District Court for the District of Massachusetts ruled that Ahed and Robotic FX misappropriated iRobots proprietary and confidential information, violated fair trade practices and destroyed evidence. The Massachusetts court also made permanent an injunction that had been preliminarily ordered last month against the sale of products using certain iRobot trade secrets, including the Robotic FX Negotiator product.
The judgments validate our strong intellectual property position and the value of our IP, said Helen Greiner, chairman of iRobot. We are proud to deliver our reliable field-proven robots to aid our warfighters in their dangerous missions.
In a related settlement, Robotic FX will be dissolved and certain residual assets retained by iRobot at iRobots election. Ahed is prohibited from participating in competitive activities in the robotics industry for five years.
iRobots cumulative litigation and settlement-related expenditures associated with this dispute are expected to total approximately $2.9 million.
About iRobot Corp.
iRobot is a provider of robots that perform dull, dirty or dangerous missions in a better way. The
companys proprietary technology, iRobot AWARE 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. For additional information about iRobot, please visit www.irobot.com.
For iRobot Investors
Certain statements made in this press release that are not based on historical information are
forward-looking statements which are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. This press release contains express or implied
forward-looking statements relating to, among other things, iRobot Corporations expectations
concerning managements forecast of financial performance, estimates of expenses and managements
plans, objectives and strategies. These statements are neither promises nor guarantees, but are
subject to a variety of risks and uncertainties, many of which are beyond our control,
which could cause actual results to differ materially from those contemplated in these
forward-looking statements. In particular, the risks and uncertainties include, among other
things: competition and our ability to protect our intellectual property and other proprietary
rights Existing and prospective investors are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date hereof. iRobot Corporation undertakes
no obligation to update or revise the information contained in this press release, whether as a
result of new information, future events or circumstances or otherwise. For additional disclosure
regarding these and other risks faced by iRobot Corporation, see the disclosure contained in our
public filings with the Securities and Exchange Commission including, without limitation, our most
recent Annual Report on Form 10-K
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