News Release

Revenue Up 32 Percent for the Quarter, 33 Percent for the Year

BURLINGTON, Mass., Feb. 12, 2007 – iRobot Corp. (NASDAQ: IRBT) today announced its financial results for the fourth fiscal quarter and fiscal year ended Dec. 30, 2006.

Financial Highlights:

• Revenues for the fourth quarter of 2006 grew to $61.1 million, compared with $46.5 million for the same quarter one year ago. Revenues for the fiscal year ended Dec. 30, 2006, increased to $189.0 million, compared with $142.0 million for fiscal 2005.


• Gross profit for the fourth quarter grew to $22.8 million (37.3 percent of sales), compared with $16.4 million (35.3 percent of sales) in the fourth quarter of 2005. Gross profit for the fiscal year ended Dec. 30, 2006, grew to $69.7 million (36.9 percent of sales), compared with $47.6 million (33.5 percent of sales) for the same period a year ago.


• Net loss in the fourth quarter of 2006 was $1.8 million compared with net income in the fourth quarter of 2005 of $15 thousand. Net income for the fiscal year ended Dec. 30, 2006, increased to $3.6 million, compared with $2.6 million for fiscal 2005.

Business Highlights:

• In January 2007, iRobot was awarded a $16.6 million order for delivery of more than 100 explosive-detection robots for use by the U.S. military in Iraq. The contract was granted by the procurement office of the Naval Air Systems Command on behalf of the Robotic Systems Joint Project Office (RSJPO) at Redstone Arsenal, Ala.


• iRobot unveiled iRobot® Create™, an affordable, programmable robot designed for aspiring roboticists, high-school and college students, and robot developers at the International Consumer Electronics Show (CES) in Las Vegas.


• iRobot announced the beta release of the iRobot Aware™ 2.0 Robot Intelligence Software, the first major enhancement to the software platform for iRobot's family of tactical mobile robots. The company also unveiled the Robot Developer's Kit (RDK), a new set of hardware tools for creating next-generation payloads for military robots.

“I am pleased to report record revenues for our first full fiscal year as a public company,” said Colin Angle, co-founder and chief executive officer of iRobot. “We delivered our tenth consecutive quarter of year-over-year revenue growth and the highest quarterly and annual revenue in the company’s history. We continued to execute against our operating plan and delivered consistent predictable financial results. Investments we made throughout the year have also yielded positive results. I am proud of iRobot’s 2006 results and excited about the foundation we have built to ensure excellent continued growth in 2007 and beyond.”

Financial Guidance
The company is issuing its outlook for future financial performance for full year 2007 as well as first half and second half details.

“For 2007 we are expecting revenue growth of 19 percent to 24 percent over our record 2006. I am very pleased with our 2006 results and especially with the incremental investments we were able to make in new product development and enhancements. The full impact of the payoff on those investments, at both the top and bottom lines, will start to be realized in the second half of 2007 when we expect to introduce new products. We will review the guidance in more detail on our conference call,” added Angle.

This outlook represents management’s view as of Feb. 12, 2007. Investors are reminded that actual results may differ from these estimates for the reasons described below and in our filings with the Securities and Exchange Commission.

Fourth-Quarter and Full Year Conference Call
iRobot will host a conference call tomorrow at 8:30 a.m. ET to discuss its financial results for the fourth fiscal quarter and full year ended Dec. 30, 2006, business outlook, and outlook for future financial performance. To access the call, investors should dial 913-981-4911 approximately 10 minutes prior to the initiation of the teleconference and reference iRobot. A live, audio broadcast of the conference call also will be available at http://investors.irobot.com/events.cfm. An archived version of the broadcast will be available on the same Web site shortly after the conclusion of the live event. A replay of the telephone conference call will be available through midnight on Feb. 20, and can be accessed by dialing 719-457-0820, access code 9610064.

About iRobot Corp.
iRobot is a provider of robots that perform dull, dirty or dangerous missions in a better way. The company's 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 Corp.’s expectations concerning future financial performance, investments in and expansion of its business, product development, introduction and marketing plans, and demand for and market acceptance of its products. 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: our ability to operate in an emerging market, fluctuations in our operating results and the seasonality of our business, our ability to enhance our current consumer robots or develop new consumer robots, our dependence on the U.S. federal government and government contracts, our ability to expand our product offering beyond our current markets, market acceptance of our products, our ability to manage our rapid growth, changes in government policies or spending priorities. and competition. 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 Corp. 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 Corp., see the disclosure contained in our public filings with the Securities and Exchange Commission.