QUAN Shakes Things Up in Robotics Sector with New CEO
Choosing a CEO with international ties made sense for the Company, as advancements in robotics have caused renewed enthusiasm around the world and across a number of industries
HOUSTON--Quantum International Corp. (OTCBB:QUAN), an emerging robotics innovation company, announced today that it has appointed Robert Federowicz as its new CEO. In his new role, Federowicz will help cultivate a new, ambitious business strategy as the company takes on robotics, an estimated $21 billion global industry.
The new CEO will draw from his extensive management experience raising capital for publicly-traded microcap companies to forge potentially lucrative relationships with technology developers, university researchers and other robotics engineers. By seeking out leading-edge robotics innovations in the medical, automotive, agriculture, and logistics sectors, among others, Federowicz will position the company as a resource for next-gen robotics products and technology.
Choosing a CEO with international ties made sense for the Company, as advancements in robotics have caused renewed enthusiasm around the world and across a number of industries. Sales of medical robots, for example increased by 14% compared in 2010 to 2009 with 932 units, accounting for a share of 7% of the total sales of professional service robots.
Industry experts project that the global robotics industry is on target to be a $70 billion by 2025.
Under Federowicz's direction, Quantum International Corp. will work to deliver new robotics technologies to the market, and help ensure that they are adopted faster and more affordably.
For more information on Quantum International's robotics initiatives, please visit http://quantuminternationalcorp.com/investors.html.
Quantum International Corp. is working to develop the next generation of robotics technology to compete in a booming global industry alongside Intuitive Surgical, Inc. (NasdaqGS: ISRG), iRobot Corporation (NasdaqGS: IRBT), Medtronic, Inc. (NYSE: MDT), AeroVironment, Inc. (NasdaqGS: AVAV), and Dover Corp. (NYSE: DOV).
About QUAN International Corp.
Quantum International Corp. (OTCBB: QUAN) is an emerging robotics innovation company working to commercialize the next generation of sophisticated, automated technology. The Company is positioning itself to develop, deliver and market the most cutting-edge innovations in robotics in order to leverage the worldwide demand for the precision, speed, and cost-effectiveness these technologies offer.
For more information about Quantum International Corp., please visit http://quantuminternationalcorp.com/.
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