SOURCE: Innova Holdings, Inc.

November 16, 2005 08:00 ET

Innova Holdings, Inc. Participates in National Center for Defense Robotics/Israeli Summit

FORT MYERS, FL -- (MARKET WIRE) -- November 16, 2005 -- Innova Holdings, Inc. (OTC BB: IVHG), an automation technology company providing hardware and software systems-based solutions to the service, personal, and industrial robotic markets, announces that Chairman and CEO Walter Weisel was invited to participate in the Defense Robotics Summit being hosted by the National Center for Defense Robotics at The Technology Collaborative, November 7 - 9, 2005 in Pittsburg, PA.

The National Center for Defense Robotics (NCDR) is a Department of Defense funded initiative of The Technology Collaborative. The NCDR held an U.S. / Israeli Partnering Summit to begin establishing ties with the Israeli defense community. In particular, they coordinated efforts for member companies such as Innova Holdings to participate (as subcontractors) in a large Israeli program to deploy autonomous vehicles along the Gaza, West Bank border and some of the funding for the project requires U.S. participation. The summit opened with an invitation-only reception and dinner for 100 guests to honor the Israeli delegation of six Israeli defense contractors and one Israeli university who were welcomed by Congressman Mike Doyle(D, PA) who was proud to endorse this event in conjunction with Blue Knot Pittsburgh, the United Jewish Federation, and the NCDR.

The NCDR was formed in 2002 in response to the U.S. Army's "Future Combat Systems" program of having a substantial percent of the future fighting force be unmanned by 2015; the U.S. government has allocated $32 billion to develop this Future Combat System.

On Tuesday, November 8, Mr. Weisel addressed the attendees with a prepared presentation. Mr. Weisel was one of 20 individuals invited to one-on-one meetings with Israeli representatives on the second day of the conference. The summit concluded on Wednesday, November 9, after private meetings during the day.

Innova Holdings, Inc. was invited to become a member of the Agile Robotics Alliance/National Center for Defense Robotics because of its compelling presence at the recent RoboNexus Exhibition and Conference in San Jose, California. The Robotic Workspace Technologies, Inc. (RWT™) subsidiary of Innova Holdings, Inc. introduced its newest PC control system -- the Universal Robot Controller™ (URC™) at RoboNexus. The URC has been upgraded to provide real-time control of both a robot and a mobile platform. The new URC was demonstrated in Innova's booth with an operational robot integrated with a fully flexible mobile platform. The robotic arm, dressed in military camouflage garb, directed the robot and the Stewart platform to probe the details of a model tank, and inspected a military humvee for dangerous materials and personnel.

Mr. Weisel's keynote presentation at RoboNexus featured a video depicting mission critical robotic application needs, as well as an assessment of the state-of-the-art in precise motion control, tactile sensing, vision, mobility, and the wide range of robotic arms required to complete specific missions in industrial, consumer, homeland security, military, and space applications.

"Today the robot industry provides excellent robotic technology and other industries provide sophisticated mobile platform technology," explains Walter Weisel, Chairman and CEO of Innova Holdings, Inc., "but what we have been lacking is the means to integrate and control the two technologies as one extremely capable device. The new URC has the ability to control all the robot's axes of movement, as well as the movements of the mobile platform. This breakthrough in control technology can serve as the foundation for a new generation of robotic machines that are dexterous enough to take over dirty, dark, and dangerous tasks from humans working in an unstructured environment like a battlefield or disaster area."

Military representatives from the State of Maryland have offered Innova Holdings the use of three humvees for research and development.

About Innova Holdings, Inc.

Innova Holdings, Inc. (OTC BB: IVHG), Fort Myers, Florida, builds shareholder value by developing and acquiring technology-differentiated solutions with extraordinary potential for profitable and sustainable growth. Innova is chartered to continue expanding its growing suite of technologies through acquisitions and organic growth.

About Robotic Workspace Technologies, Inc.

Robotic Workspace Technologies (RWT), Fort Myers, Florida, is a subsidiary of Innova Holdings, Inc. and a leading provider of open architecture, patent-protected, PC controls, software, and related products that improve the performance, applicability, and productivity of robots and other automated equipment. RWT holds three pioneer utility patents issued by the United States Patent and Trademark Office (USPTO)and patents pending pertaining to the interface of a general use computer and the mobility of robots, regardless of specific applications. The first patent, 6,442,451 was issued in 2002. The second patent, 6,675,070, was issued in 2004. Patent number 6,922,611, issued in 2005. Its technology has been applied in industries ranging from agriculture to automotive, to medical and R&D. RWT is recognized internationally for its pioneering contributions to the robotics industry. Its founder, Mr. Walter Weisel, has been a driving force in the robot industry for the past 32 years, and is a recipient of the prestigious Joseph F. Engelberger Award recognizing his contributions to the advancement of robotics and automation.

About Innova Robotics, Inc.

Innova Robotics, Inc., Fort Myers, Florida, is a subsidiary of Innova Holdings, Inc. founded specifically to enable development of technologies, applications, and markets in the service robot international markets that include service robots for the military, space and undersea exploration, and homeland security. As a wholly owned subsidiary of Innova Holdings, Inc., Innova Robotics will leverage the patented products, technology, and robotics expertise of RWT, as well as strategic relationships with system integrators and third-party developers to earn a leadership position in this emerging industry.

RWT™, Universal Robot Controller™, URC™ RobotScript®, and TeachPoint File Creator™ are either registered trademarks or trademarks of Innova Holdings, Inc. in the United States and/or other countries.

The names of actual companies and products mentioned herein may be the trademarks of their respective owners.

Forward-looking statements such as "believe," "expect," "may," "plan," "intend," etc. contained herein are within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties and are based on the Company's beliefs and assumptions it made using information currently available to it and which reflect current views concerning those future events. Actual results could differ materially. Therefore, undue reliance should not be placed on any forward-looking statements, since they apply only as of today's date, and accordingly, reference should be made to the Company's periodic filings with the SEC.

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