BOSTON, MA, August 19, 2019 /Alert Innovation, Inc/ – Under the terms of the partnership, Murata Machinery, Ltd. (hereinafter, Muratec) a global leader in the material handling industry, will collaborate with Alert Innovation in both the development and commercialization of Alert Innovation’s Alphabot^® material handling technology. Having recognized Alphabot’s superior capabilities across diverse automation applications, Muratec will adapt and sell the technology to support applications beyond Alert Innovation’s focus on transforming grocery retail.

“We developed the Alphabot technology to solve arguably the most difficult automation challenge in any industry, namely automating the supermarket,” says John Lert, Founder and CEO of Alert Innovation. “In solving that problem, we have created a technology that will be the best-in-class solution for a broad array of automation problems as well. Our partnership with Murata makes it possible for companies other than food retailers to benefit from this breakthrough technology, and it will also make both Muratec and Alert Innovation stronger companies in the process.”

Alphabot features robots that can navigate three-dimensional structures and is the most capital-efficient and broadly scalable each picking technology ever developed. It will power retail applications ranging from store-level micro-fulfillment systems to massive eCommerce fulfillment centers, and a large array of applications in factory automation and hospital automation.

“We believe the flexible mobile robotics solution that Alert Innovation has pioneered in the United States will provide distinct advantages for our customers with regard to storage density, cost efficiency and high reliability with no single point of failure”, says Toshihiko Ishiyama, Managing Director of Muratec.

About Alert Innovation, Inc

Founded in 2013, Alert Innovation’s mission is to improve people’s lives through innovation, starting with retail, by transforming how people shop and how retailers operate. Alert Innovation has brought to market the Alphabot Automated Storage and Retrieval System and Automated Each-Picking System and is creating a new kind of automated supermarket called Novastore™.

About Murata Machinery, Ltd.

For half a century, Muratec’s automated material handling systems have assisted over 5,000 companies in creating efficient storage and shipping systems. Muratec’s automated turnkey material handling and information control systems have positioned Muratec as a global leader in the material handling industry.

NORTH BILLERICA, MA  May 15, 2019 /Alert Innovation, Inc./ – EY today announced that John Lert, Founder and CEO of Alert Innovation is a finalist for the Entrepreneur Of The Year^® 2019 Award in the New England region. Widely considered one of the most prestigious business awards programs in the U.S., the program recognizes entrepreneurs and leaders of high-growth companies who are excelling in areas such as innovation, financial performance and personal commitment to their businesses and communities, while also transforming our world. John Lert was selected as a finalist by a panel of independent judges. Award winners will be announced at a special gala event on June 26 at the Westin Waterfront in Boston, Massachusetts.

Alert Innovation’s Micro-Fulfillment Center technology, designed from the ground up for putting automation inside grocery stores, enables Click and Collect to be a profitable way to serve customers and powers a new kind of automated supermarket, the Novastore^™. More information at http://www.AlertInnovation.com.

Now in its 33rd year, the program has expanded to recognize business leaders in more than 145 cities and more than 60 countries throughout the world.

Regional award winners are eligible for consideration for the Entrepreneur Of The Year National competition. Award winners in several national categories, as well as the Entrepreneur Of The Year National Overall Award winner, will be announced at the Entrepreneur Of The Year National Awards gala in Palm Springs, California, on November 16, 2019. The awards are the culminating event of the Strategic Growth Forum®, the nation’s most prestigious gathering of high-growth, market-leading companies.

Sponsors

Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year Awards are nationally sponsored by SAP America and the Ewing Marion Kauffman Foundation.

In the New England region, gold sponsors include fama PR, the Isenberg School of Management at the University of Massachusetts Amherst, Nixon Peabody, True Search and Woodruff Sawyer. Silver sponsors include Brown Brothers Harriman, Chatham Financial, Empire Valuation Consultants, Morgan Lewis, Sullivan & Worcester and T3 Advisors.

About Entrepreneur Of The Year^®

Entrepreneur Of The Year^®, founded by EY, is the world’s most prestigious business awards program for entrepreneurs. The program makes a difference through the way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global awards program of its kind, Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 145 cities and more than 60 countries. ey.com/eoy

About EY’s Growth Markets Network

EY’s worldwide Growth Markets Network is dedicated to serving the changing needs of high-growth companies. For more than 30 years, we’ve helped many of the world’s most dynamic and ambitious companies grow into market leaders. Whether working with international mid-cap companies or early stage, venture-backed businesses, our professionals draw upon their extensive experience, insight and global resources to help your business succeed. For more information, please visit us at ey.com/gm or follow news on Twitter @EY_Growth.

About EY

EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.

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This news release has been issued by Ernst & Young LLP, a member of the global EY organization that provides services to clients in the US.

For more information, please visit ey.com.