Market Overview

RIA and MassRobotics Form Strategic Partnership

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Organizations Partner to Support and Advance Robotics Technology

The Robotic
Industries Association
(RIA), the industry's trade organization,
today announced that they have formed a strategic partnership with MassRobotics,
an independent, non-profit organization and the world's largest hub of
robotics startups.

The purpose of this partnership is to support and advance the
innovations and technologies from robotics organizations to further grow
national conversation and activity about the industry. RIA is part of the
Association
for Advancing Automation
(A3). The partnership will provide
MassRobotics and its residents and partners access to the A3 network of
more than 1,100 automation-focused companies in the robotics, vision and
motion control sectors across North America as well as leading system
integrators, distributors, and users of these technologies.

"We've formed this partnership to make the greatest use of MassRobotics'
resident companies, partners and industry influence, and combine it with
RIA's powerful network to connect to other players in the industry and
ultimately bring robotics technology to market quicker," said Jeff
Burnstein, RIA president. "MassRobotics has experienced much success in
serving as an innovation hub for robotics in the Boston area, across
Massachusetts, and even globally. We're excited to partner with this
robotics cluster organization and share in its growth and impact in the
region and throughout the world."

MassRobotics' mission is to create and grow the next generation of
robotics and smart connected device companies in Massachusetts. It
provides entrepreneurs and innovators the facilities and resources they
need to develop, prototype, test, challenge and nurture early ideas,
bringing a breadth of technology and innovation together under one roof.

"MassRobotics is always looking to establish value for its partners and
residents, and to continue to drive successful robotics products and
solutions to the market," said Tom Ryden, executive director,
MassRobotics. "RIA is a national advocate for the robotics industry, and
this initiative to connect robotics groups around the country is
exciting, forward-thinking, and necessary to ensure this fast-growing
industry has the structures in place to thrive."

Soft Robotics, Inc. is a Massachusetts-based startup that benefits from
affiliation with both of RIA and MassRobotics. "Our company became an
RIA member when we had only three employees," said Carl Vause, CEO, Soft
Robotics. "Membership brought immediate access to the industrial
robotics market and professional network, an invaluable asset for a
startup trying to break into this fast-growing market. We're also proud
to be part of the largest robotics cluster in the world, MassRobotics.
This partnership will expand and accelerate the benefit these two
organizations bring to their membership."

RIA plans to form partnerships with other robotics organizations
throughout the United States, North America, and around the world. "We
invite other regional robotics organizations to join us so that their
affiliated robotics companies can work together to advance the future of
the industry," added Burnstein.

More information on the Robotic Industries Association may be
found at www.robotics.org.

About MassRobotics

MassRobotics is the result of the collective work of a group of
engineers, rocket scientists and entrepreneurs with a shared vision to
create a strong, vibrant robotics and IoT ecosystem in Massachusetts.
MassRobotics' mission is to help create and scale the next generation of
successful robotics and connected devices companies by providing
entrepreneurs and innovative robotics/automation startups with the
workspace and resources they need to develop, prototype, test and
commercialize their products and solutions. See www.massrobotics.org
for details.

About Robotic Industries Association (RIA)

Founded in 1974, RIA is a not-for-profit trade association driving
innovation, growth, and safety in manufacturing and service industries
through education, promotion, and advancement of robotics, related
automation technologies, and companies delivering integrated solutions.
RIA represents over 500 robot manufacturers, system integrators,
component suppliers, end users, consulting firms, research groups, and
educational institutions. The association hosts a number of educational
events including the International Robot Safety Conference (October
9-11, 2018 in Detroit), the Collaborative Robots, Advanced Vision & AI
Conference (October 24-25, 2018 in Santa Clara, CA), the Robotic
Grinding & Finishing Conference (November 28-29, 2018 in St. Paul, MN),
the A3 Business Forum (January 14-16, 2019 in Orlando) and the biennial
Automate Show & Conference (April 8-11, 2019 in Chicago). RIA also
provides quarterly robotics statistics and has a content-rich website,
Robotics Online. For more details on RIA, visit www.robotics.org
or call 734-994-6088.

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