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RMT Robotics Expands Global Market Offerings
Through Partnership with Hanwha TechM Inc.

November 5, 2007

RMT Robotics, a world-leading robotics manufacturer and integrator for the tire and warehousing industries, today announced they have entered into partnership with Changwon, Korea-based Hanwha TechM Inc. Hanwha’s TechM Division will provide sales and service support for RMT Robotics systems while expanding RMT’s reach into the Asian marketplace as far as India in the west, Singapore in the south, Japan in the east and China in the north.

“We see this as great match between two very complementary companies,” said Bill Torrens, Director of Sales and Marketing for RMT Robotics Ltd. “RMT can now offer our robust gantry-based solutions to a growing Asian market and offer mini-load AS/RS and Electro-Monorail Systems around the globe, confident that we will deliver first class service and support to these customers with Hanwha at our side.”

The partnership will be finalized in the final quarter of 2007.

“Hanwha is well positioned to open many doors for RMT Robotics with our clients and connections throughout Asia,” said Woo Hyung Kim, Sales Team Section Manager for Hanwha TechM Inc. “Combining RMT’s superior automation solutions with our 40 years of experience in sales and service of precision processing equipment will be of great value to our clients. This partnership fits in well with Hanwha TechM’s relentless efforts to offer new ideas and new technologies to meet and exceed the global manufacturing needs of our customers.”

For more information, please contact Bill Torrens at +1 905.643.9700 or email .

About Hanwha TechM (http://www.hanwhatechm.co.kr)

Hanwha TechM is an affiliate of South Korea’s Hanwha Group. Established in 1953, the company is an international leader in Factory Automation (FA), Industrial Furnace and Machine Tool solutions. Born out of the bearing business, Hanwha TechM has continued to expand its core business offerings while maintaining and improving its world-class compatibility. Hanwha TechM is committed to retaining its reputation as a leading domestic brand while driving expansion to new and emerging global markets.

About Hanwha Group (http://www.hanwha.co.kr)

Hanwha Group is one of the largest publicly-traded companies in South Korea. It is a conglomerate of many industries, including Chemicals, Pharmaceuticals, Construction, Life Insurance, Securities, Retail Stores, Resorts, Advertising, Systems Integration, and Sports Businesses (including ownership of the Hanwha Eagles professional baseball team).

Hanwha TechM Hanwha Group