New iRobot® Roomba® i7+ Robot Vacuum Learns a Home’s Floor Plan and Empties Itself

iRobot Brings Memory and Hands-Free Cleaning to Roomba® i7+ with Clean Base™ Automatic Dirt Disposal

BEDFORD, Mass.Sept. 6, 2018 /PRNewswire/ — Imagine a robot vacuum that not only remembers a home’s floor plan and cleans specific rooms by name – but also automatically empties itself. iRobot Corp. (NASDAQ: IRBT), the leader in consumer robots, today announced the Roomba® i7+ robot vacuum with Clean Base™ Automatic Dirt Disposal. The Roomba i7+ brings a new level of intelligence and automation to robotic vacuum cleaners with the ability to learn, map and adapt to a home’s floor plan. Introducing Imprint™ Smart Mapping, the Roomba i7+ remembers multiple floor plans and room names so users can customize cleaning jobs and direct the robot to clean specific rooms by voice1 or via the iRobot HOME App. When the Roomba i7+ robot vacuum is finished cleaning, it empties its own dust bin into the Clean Base™, which holds 30 bins of dirt, allowing customers to forget about vacuuming for weeks at a time.

Experience the interactive Multichannel News Release here: https://www.multivu.com/players/English/8234051-irobot-roomba-i7-plus/

„With the ability to learn, adapt to and remember a home’s floor plan, and the introduction of automatic dirt disposal, the iRobot Roomba i7+ represents the most advanced robotic vacuum ever built,“ said Colin Angle, chairman and CEO of iRobot. „This robot delivers on the original vision we had when we embarked on the journey to build a vacuuming robot almost 20 years ago.“

Knows your home’s floor plan. Understands your command.
Ushering in a new era of consumer robots, the Roomba i7+ allows customers to clean specific rooms in the home. Using Imprint™ Smart Mapping, the Roomba i7+ gets to know the home’s floor plan, giving customers total control to choose which rooms are cleaned and when. The robot learns every room – remembering up to 10 different floor plans – so users can carry their robot to another floor or a separate home, where the robot will recognize its location and clean as instructed. iRobot’s patented iAdapt® 3.0 Navigation with vSLAM® technology helps the Roomba i7+ seamlessly and efficiently navigate the home by keeping track of where it’s been and where it has yet to clean. The Roomba i7+ also adapts to changing home environments, so it always knows the best way to clean.

The Roomba i7+ works with Alexa™ enabled devices and the Google Assistant, and is the only robot vacuum that lets users clean specific rooms by name with a voice command1. For example, just say, „Alexa, ask Roomba to clean my kitchen,“ or „Hey Google, clean the living room,“ and the Roomba i7+ will efficiently find its way to the appropriate room to clean. Once finished, the robot will return to its base to charge and automatically empty its contents when paired with the Clean Base™ Automatic Dirt Disposal.

Empties on its own.
The iRobot Roomba® i7+ robot vacuum takes convenience to a whole new level with the first-of-its-kind Clean Base™ Automatic Dirt Disposal, which automatically empties the contents of the Roomba i7+ dust bin into the Clean Base. Doubling as the robot’s charging station, the Clean Base takes the dirty work out of vacuuming, storing debris in an enclosed bag, and trapping dirt and dust so it can’t escape into the air. When the bag is full, the user is notified via the iRobot HOME App. Then they simply pull it out of the Clean Base and replace with a new one. The bag can hold 30 bins of debris, so users don’t have to think about vacuuming for weeks at a time.

„iRobot is addressing a long-standing customer call by giving Roomba the ability to empty its own bin after each cleaning,“ said Christian Cerda, COO of iRobot. „This enhances the customer experience by eliminating the dusty and dirty mess often associated with emptying vacuum canisters. With the ability to remember the home, clean specific rooms and empty itself when its finished, the Roomba i7+ with Clean Base Automatic Dirt Disposal quite literally frees customers from every aspect of vacuuming – from start to finish – for weeks at a time.“

Introducing the Roomba® e5 Robot Vacuum.
iRobot also introduced the Roomba® e5 robot vacuum. Starting at $449, customers can enjoy the luxury of automated cleaning at a more accessible price. The Roomba® e5 is packed with innovative technologies that work together for a clean home every day. It starts with the premium 3-Stage Cleaning System and Dual Multi-Surface Rubber Brushes. The specially designed Edge-Sweeping Brush focuses on dirt that accumulates around edges and corners. Smart navigation and Dirt Detect™ technology work together to cover a floor and focus on the areas that need it most. And because it’s Wi-Fi® connected, users can control and schedule cleanings on the Roomba e5 with the iRobot HOME App, or using their voice when paired with Alexa™ enabled devices or the Google Assistant.

Powerful performance, intelligent clean.
iRobot is the only leading robot vacuum brand with robots that have two Multi-Surface Rubber Brushes that work together to effectively clean both carpets and hard floors2. The Roomba i7+ and Roomba e5 robots will automatically adjust the height of the cleaning head so the two brushes can directly engage with the floor. One brush loosens and agitates dirt and the other moves in the opposite direction to extract and pull dirt in. And instead of bristles, which can bend and miss dirt, the flexible rubber brushes hug the floor to clean everything from small particles, like dust and dirt, to hair and large debris.

Featuring a low-profile design to clean under furniture and along toe kicks, the Roomba i7+ and Roomba e5 robots use a High-Efficiency Filter to capture 99 percent of pollen, mold, dust mites, and cat and dog allergens.

Leveraging Dirt Detect™ Technology – an iRobot patented feature – the Roomba i7+ and Roomba e5 robots are always looking for the places that need the most attention. Sensors in the robot recognize particularly dirty areas, such as sand near a doorway entrance, and prompt the robot to clean them more thoroughly. Once the Roomba i7+ robot is finished cleaning, users can view Clean Map™ reports in the iRobot HOME App to see where the robot cleaned and other details3.

Pricing and Availability
The Roomba i7+ robot vacuum with Clean Base™ Automatic Dirt Disposal is available for pre-sale immediately in the U.S. and Canada starting at $949 USD on www.irobot.com, with shipments beginning Wednesday, September 12. The Roomba i7+ will be available at select retailers beginning in October. The Roomba i7 robot vacuum can also be purchased without the Clean Base™ starting at $699 USD on www.irobot.com. The Clean Base™ Automatic Dirt Disposal sold separately will retail for $299 USD. Additional Dirt Disposal Bags can be purchased for $14.99 for a pack of three bags. The Roomba i7+ with Clean Base™ Automatic Dirt Disposal is expected to be available in certain international markets in Q1 2019.

The Roomba e5 robot vacuum starts at $449 USD and will be available on www.irobot.com in the U.S. and Canada beginning Wednesday, September 12.

iRobot CFO to Speak at Upcoming Investor Conferences

BEDFORD, Mass.May 29, 2018 /PRNewswire/ — iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced that Alison Dean, iRobot’s chief financial officer, will discuss the company’s achievements and financial outlook at the following upcoming investor conferences. The Baird and Nasdaq conference presentations will be accessible live on iRobot’s investor relations website. The Citi Conference will not be webcast.

Baird 2018 Global Consumer, Technology & Services Conference
June 5, 2018 at 10:15 a.m. ET
Webcast link: http://investor.irobot.com/events/event-details/irobot-corp-baird-global-consumer-technology-services-conference

Citi 2018 Small & Mid Cap Conference
June 6, 2018 at 8:45 a.m. ET

Nasdaq 38th Investor Conference
June 12, 2018 at 10:15 a.m. GMT
Webcast link: http://investor.irobot.com/events/event-details/irobot-corp-nasdaq-38th-investor-conference

About iRobot Corp.
iRobot, the leading global consumer robot company, designs and builds robots that empower people to do more both inside and outside of the home. iRobot created the home robot cleaning category with the introduction of its Roomba® Vacuuming Robot in 2002. Today, iRobot is a global enterprise that has sold more than 20 million robots worldwide. iRobot’s product line, including the Roomba and the Braava® family of mopping robots, feature proprietary technologies and advanced concepts in cleaning, mapping and navigation. iRobot’s engineers are building an ecosystem of robots and technologies to enable the smart home. For more information about iRobot, please visit www.irobot.com.

SOURCE iRobot Corp.

iRobot Announces Stock Repurchase Program

BEDFORD, Mass., Feb. 27, 2018 /PRNewswire/ — iRobot Corp. (NASDAQ: IRBT), a
leader in consumer robots, today announced that its Board of Directors has
authorized a stock repurchase program. Under the program, iRobot may purchase
up to $50 million of its common stock beginning March 28, 2018 and ending
December 28, 2018.

Under the repurchase program, the Company is authorized to repurchase shares
through Rule 10b5-1 plans (which would permit the Company to repurchase shares
when the Company might otherwise be precluded from doing so under insider
trading laws), open market purchases, privately-negotiated transactions, block
purchases or otherwise in accordance with applicable federal securities laws,
including Rule 10b-18 of the Securities Exchange Act of 1934. The Company may
choose to suspend or discontinue the repurchase program at any time but cannot
carry over unused authorization amounts to future periods.

„The Board’s authorization of a share repurchase program reflects our
confidence in the health and long-term outlook of the company,“ said Colin
Angle, chairman and chief executive officer of iRobot. „With a strong balance
sheet and cash flows, we believe we can take advantage of volatile market
conditions to buy back our shares while maintaining the flexibility to make
strategic investments in our future.“

As of December 30, 2017, iRobot had 27,945,144 shares of common stock
outstanding.

About iRobot Corp.
iRobot, the leading global consumer robot company, designs and builds robots
that empower people to do more both inside and outside of the home. iRobot
created the home robot cleaning category with the introduction of its Roomba®
Vacuuming Robot in 2002. Today, iRobot is a global enterprise that has sold
more than 20 million robots worldwide. iRobot’s product line, including the
Roomba and the Braava® family of mopping robots, feature proprietary
technologies and advanced concepts in cleaning, mapping and navigation.
iRobot’s engineers are building an ecosystem of robots and data to enable the
smart home. For more 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 Corporation’s expectations concerning
management’s plans for execution of a stock repurchase program, including the
maximum amount and duration of purchases of our common stock under our
authorized stock repurchase program.  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 and actions
to differ materially from those contemplated in these forward-looking
statements. 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.

iRobot Expands Operations in Europe with Closing of Robopolis Acquisition

BEDFORD, Mass.Oct. 2, 2017 /PRNewswire/ — iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced that it has closed the previously announced acquisition of Robopolis SAS (Robopolis), based in Lyon, France. The preliminary purchase price of $141 million, is subject to normal purchase price adjustments and is expected to be finalized no later than Q1 2018.

Europe is a key strategic region for iRobot and provides an excellent opportunity for further growth. As announced on July 25, 2017, the acquisition will enable iRobot to capitalize on the current market momentum, driving accelerated adoption of robotic floor cleaners. The EMEA region comprised approximately 25% of iRobot’s 2016 consumer revenue. Robopolis represented nearly half of iRobot’s EMEA revenues in 2016.

With the acquisition, iRobot will further extend its overseas control of market activities, including consistent global messaging, that will help drive greater adoption of robotic vacuum cleaners and affirm iRobot’s segment leadership.

„As iRobot expands globally, we are excited about the current and future opportunities in Europe,“ said Colin Angle, chairman and chief executive officer of iRobot. „With the closing of this acquisition, we welcome a team that has already solidified iRobot’s market leading position in Europe and is well positioned to drive continued growth in the region.“

Led from the London, UK office, iRobot will maintain operations in GermanySpainFranceBelgiumAustriathe Netherlands, and Portugal. The existing Robopolis management team will join iRobot. Jean-Jacques Blanc, currently iRobot’s vice president and general manager, Overseas, will lead the combined operations reporting to iRobot’s chief operating officer Christian Cerda.

Denis Guyennot, the CEO of Robopolis, was instrumental in establishing iRobot as the leading consumer robotics brand in Western Europe. Denis will remain with iRobot as a consultant to ensure a successful integration of Robopolis and iRobot.

Additional financial details will be provided as part of iRobot’s earnings call on October 25, 2017.

About iRobot Corp.

iRobot, the leading global consumer robot company, designs and builds robots that empower people to do more both inside and outside of the home. iRobot created the home robot cleaning category with the introduction of its Roomba® Vacuuming Robot in 2002. Today, iRobot is a global enterprise that has sold more than 20 million robots worldwide. iRobot’s product line, including the Roomba and the Braava™ family of mopping robots, feature proprietary technologies and advanced concepts in cleaning, mapping and navigation. iRobot’s engineers are building an ecosystem of robots and data to enable the smart home. For more 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 iRobot Corporation’s expectations concerning future growth in Europe and management’s 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. 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 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, 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.

SOURCE iRobot Corp.

iRobot Takes Next Step in the Connected Home with Clean Map™ Reports and Amazon Alexa Integration

Tell Roomba® vacuuming robot to clean via Amazon Alexa™, then learn more about the cleaning job in the iRobot HOME App

BEDFORD, Mass., March 15, 2017 /PRNewswire/ — iRobot Corp. (NASDAQ: IRBT), a leader in consumer home robotics, today announced updates to the iRobot HOME App that expand the value of connected Roomba vacuuming robots within the smart home. New Clean Map reports provide visual post-cleaning maps that display information about the robot’s cleaning performance, such as the dirtiest floor areas and total space cleaned, while the integration of Amazon Alexa™ voice activated control will make communicating with a Roomba vacuuming robot a breeze.

„iRobot is aggressively pursuing opportunities within the connected home to improve our customers‘ experience with our cleaning robots,“ said Colin Angle, chairman and CEO of iRobot. „The latest updates for the iRobot HOME App make cleaning with an iRobot Roomba vacuuming robot even more user friendly, with voice-activated commands, enhanced mapping features and useful post-cleaning reports. These are exciting next steps towards our vision of an ecosystem of home robots that work collaboratively and further enable the smart home.“

Combining adaptive navigation with visual localization, iRobot Roomba 900 Series vacuuming robots build a map of a home as they clean. Clean Map reports make these maps visible to customers in the iRobot HOME App after a cleaning job is complete, showing total area and duration a Roomba® 900 Series vacuum cleaned — for up to 30 cleaning jobs.  Leveraging Dirt Detect™ – an iRobot patented feature only found on Roomba vacuuming robots – Clean Map reports also provide users with information about where the robot encounters higher concentrations of dirt or debris, providing a more focused cleaning in those areas. With the addition of Clean Map reports, users can now have greater confidence in knowing the vacuuming is complete.

Clean Map reports can be viewed in the History tab of the iRobot HOME App. Once the map is opened, users can manipulate the map on the screen with their fingers, zooming and panning from room-to-room to see where Dirt Detect™ events occurred. The update to the iRobot HOME App also includes push notifications that will alert users on job status, including when the robot is finished cleaning.

With Amazon Alexa™, customers can start, stop and pause Roomba cleaning jobs with simple voice activated commands (e.g. „Alexa, ask Roomba to begin cleaning.“). The Alexa™ skill for Roomba vacuuming robots will be available to U.S. customers in Q2 2017 and is compatible with any connected Roomba vacuum, such as the Roomba 900 Series.

Available for Android and iOS devices, the iRobot HOME App gives users more control over their connected cleaning products, such as the Roomba 900 Series Vacuum Cleaners and Braava jet® Mopping Robot, with customized cleaning preferences, information about cleaning jobs, customized maintenance tips and direct access to customer support.

Availability

The latest update for iRobot HOME App is available for download beginning today worldwide for iOS and Android users. The Amazon Alexa skill for connected iRobot Roomba vacuums will be available to U.S. customers in Q2 2017.

Photos, videos and background can be found at: http://media.irobot.com/

Please join iRobot on Facebook, Instagram, Twitter and YouTube.

About iRobot Corp.

iRobot designs and builds robots that empower people to do more. The company’s home robots help people find smarter ways to clean and accomplish more in their daily lives. iRobot’s portfolio of solutions feature proprietary technologies for the connected home and advanced concepts in navigation, mobility, manipulation and artificial intelligence. For more 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 iRobot Corporation’s expectations concerning management’s 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. 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 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, 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.

iRobot To Host Analyst Day

BEDFORD, Mass., Nov. 3, 2016 /PRNewswire/ — iRobot Corp. (NASDAQ: IRBT), a leader in delivering robotic technology-based solutions, announced today it will host an invitation only Analyst Day on November 10, 2016 in Boston from 10:30 a.m. to 1:00 p.m. Eastern Time. The day’s agenda includes presentations by Colin Angle, iRobot’s chairman & chief executive officer, Alison Dean, executive vice president and chief financial officer, and other senior executives. A webcast of the event will be available live on the Investor Relations section of the company’s web site at http://investor.irobot.com/phoenix.zhtml?c=193096&p=irol-EventDetails&EventId=5242525and for 180 days thereafter.

iRobot logo.

About iRobot Corp.
iRobot designs and builds robots that empower people to do more. The company’s home robots help people find smarter ways to clean and accomplish more in their daily lives. iRobot’s portfolio of solutions features proprietary technologies for the connected home and advanced concepts in navigation, mobility and artificial intelligence. For more information about iRobot, please visit www.irobot.com.

iRobot Reports Strong Third-Quarter Financial Results

Exceeds Third-Quarter and Increases Full-Year 2016 Financial Expectations

Oct 25, 2016

BEDFORD, Mass., Oct. 25, 2016 /PRNewswire/ — iRobot Corp. (NASDAQ: IRBT), a leader in delivering robotic technology-based solutions, today announced its financial results for the third quarter ended October 1, 2016.

iRobot logo.

„Our third-quarter performance was outstanding. We delivered revenue and profitability exceeding our expectations. Based on our Q3 results and the excellent momentum we have going into the holiday season, created by our successful marketing programs, we are increasing our full-year financial expectations for the second quarter in a row. We now expect fiscal 2016 revenue of $650 to $655 million, Net Income of between $38 and $41 million, EPS of between $1.36 and $1.44, and Adjusted EBITDA of $88 to $92 million. These expectations reflect our increased confidence that 2016 growth in the United States, of more than 25%, will drive total consumer revenue growth of approximately 15% for the full year,“ said Colin Angle, chairman and chief executive officer of iRobot.

„As we have said previously, the revenue split between Q3 and Q4 is always difficult to predict due to the timing and shipment of consumer products for the holiday season. This year, our new partner in China requested Q3 delivery of some Braava jet and Roomba orders that we were expecting to ship in Q4. This resulted in higher than anticipated consumer revenue and profitability in Q3.

„We are very excited about our results year-to-date and the outlook for the fourth quarter as our successful marketing programs continue to drive demand generation in the U.S. and overseas. It is very satisfying that, in this transformative year, our current full-year expectations are well above those we provided in February.“

Financial Results

  • Note: Financial results for the third quarter of 2015 include the Defense & Security business which was sold onApril 4, 2016. There are no results for the Defense & Security business included in our financial results for the third quarter of 2016, other than support services provided by iRobot, recorded as other income.
  • Revenue for the third quarter of 2016 was $168.6 million, compared with $143.6 million for the third quarter of 2015.
  • Net income in the third quarter of 2016 was $19.5 million, compared with $12.8 million in the third quarter of 2015.
  • Quarterly earnings per share were $0.70 for the third quarter of 2016, compared with $0.42 in the third quarter of 2015.
  • Adjusted EBITDA for the third quarter of 2016 was $35.5 million, compared with $25.9 million in the third quarter of 2015.

Business Highlights

  • Year-over-year consumer quarterly revenue growth of 23% was driven by APAC following a very successful launch of Braava jet in that region.
  • Domestic revenue grew 13% over Q3 last year, and orders-in-hand plus anticipated Q4 orders support our expectation of substantial year-over-year quarterly growth in Q4.
  • We introduced the Roomba 960 and connectivity for Braava jet, expanding our suite of connected products for the home.

Financial Expectations

Management provides the following expectations with respect to the fourth quarter and fiscal year ending December 31, 2016.

Q4 2016:

Revenue                    

$202 – $207 million

Net Income                   

$10 – $13 million

Earnings Per Share          

$0.36 – $0.44                          

Adjusted EBITDA               

$22 – $26 million

 

Fiscal Year 2016:            

Revenue                           

$650 – $655 million                                        

Net Income                      

$38 – $41 million

Earnings Per Share           

$1.36 – $1.44                                      

Adjusted EBITDA              

$88 – $92 million                                            

 

Third-Quarter Conference Call
iRobot will host a conference call tomorrow at 8:30 a.m. ET to discuss its financial results for the third fiscal quarter 2016, business outlook, and outlook for fourth-quarter and fiscal year 2016 financial performance. Pertinent details include:

Date:          

Wednesday, October 26, 2016  

Time:                     

8:30 a.m. ET

Call-In Number:      

847-619-6396

Passcode:              

40924300

 

A live, audio broadcast of the conference call will also be available at http://investor.irobot.com/phoenix.zhtml?c=193096&p=irol-EventDetails&EventId=5206143.

An archived version of the broadcast will be available on the same website shortly after the conclusion of the live event. A replay of the telephone conference call will be available through November 3, and can be accessed by dialing 630-652-3042, passcode 40924300#.

About iRobot Corp.

iRobot designs and builds robots that empower people to do more. The company’s home robots help people find smarter ways to clean and accomplish more in their daily lives. iRobot’s portfolio of solutions features proprietary technologies for the connected home and advanced concepts in navigation, mobility and artificial intelligence. For more information about iRobot, please visit www.irobot.com.

OLPC Telepresece Hack: One Robot Per Child | Gadget Lab | Wired.com

OLPC Telepresece Hack: One Robot Per Child | Gadget Lab | Wired.com.