Elkhart, Indiana–(Newsfile Corp. – May 12, 2020) – ResGreen Group (OTC Pink: RGGI) CEO Parashar (Parsh) Patel today clarified that he republished the last announcement in order to refresh the fact the Company has secured 5,000 square feet of space needed to give live demonstrations of its Artificial intelligence Robotics and its New Autonomous Mobile Robot (AMR). The space located at 14614 East 9 Mile Road Eastpointe; MI 48021 is needed to show off the capability of its sophisticated robotics and AMR in real time and is now under reconfiguration to give those live demonstrations.
RGGI made prior announcement of securing corporate HQ in Eastpointe, Michigan. Further to that announcement the company wished to announce that this facility will be used to test its Artificial intelligence Robotics and its New Autonomous Mobile Robot (AMR) currently under development. This facility will house a test track to test and showcase different functionalities and features of AMR in flexible automation application. A designated area of the building is apportioned to a classroom for training application engineers as well as hands on diagnostics training. The remainder of the facility will be setup for low volume production cells to manufacture the AMR’s as well as warehouse subassemblies for the units.
Mr. Patel continued, “I am excited about procuring this facility that will add cohesion to R&D, Engineering, Applications and sales group and that is good for our customers as they seek nimbler solution to remake the manufacturing amenable to COVID-19 issues.”
Patel continued, “As I mentioned before the fundamental difference between AGVs and AMRs can be summed up by the difference noted between a guided vehicle and a robot. A guided vehicle follows fixed routes, usually along wires or magnets embedded in the ground – not unlike the difference between a train and an automobile. An AGV robot is probably clever enough to use simple sensors in order to avoid hitting obstacles that pop up in its way, but it’s not clever enough to go around them. In fact, AGVs aren’t clever at all – without much on-board intelligence, they can only obey simple orders. This means that AGV robots tend to get into trouble when anything isn’t exactly the way they like it. This is in addition to their notorious reputation when it comes to adapting to change. If you want them to expand their work area, for example, it’s an expensive and time-consuming hassle.”
“A robotic AMR is much more sophisticated. It’s packed with sensors and powerful on-board computers that help it to understand its operating environment.”
“An AMR is much more sophisticated. It’s packed with sensors and powerful on-board computers that help it to understand its operating environment. Rather than being restricted to fixed routes, an AMR can instead navigate dynamically using a map, allowing it to plan its own paths and travel quickly and efficiently. AMRs are smart enough to recognize and react to people, cars, forklifts, and more. They safely perform their jobs no matter how busy the surrounding environment and can even do futuristic things like following a specific person wherever they need to go, mother duck-like.”
“Please visit our new and exciting website at http://resgreenint.com/ to stay informed of our progress and industry updates,” Patel concluded.
The overall robotic industry is expected to grow from USD 2.0 billion in 2019 to USD 2.9 billion by 2024 at a CAGR of 7.8%. More information can be found at: https://www.marketsandmarkets.com/Market-Reports/automated-guided-vehicle-market-27462395.html?gclid=CjwKCAiA3uDwBRBFEiwA1VsajA37Sm51oAOKal2ptATWn0Dvzzpqmw0VloUrbN1BiKihtFADkrwxxBoCVuIQAvD_BwE
ABOUT RESGREEN GROUP INTERNATIONAL, INC.
RGGI is using certain Know-how and Intellectual Property (IP) that it possesses and looks to acquire and develop components for material handling logistics. This includes its Artificial intelligence Robotics, Autonomous Mobile Robots (AMRs), Automatic Guided Vehicles (AGVs) and mobile technologies.
RGGI’s highly skilled engineers have years of professional engineering experience in this space and plans to remain focused and highly motivated to execute on its business strategy to develop certain Artificial Intelligence Robotics.
This press release contains statements, which may constitute “forward-looking statements” within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of ResGreen Group International Inc. with members of its management team as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
ResGreen Group International, Inc.
Parashar (Parsh) Patel, President and CEO
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