Transbotics Sign Letter of Intent for Sale of Company and Intends to Go Private

CHARLOTTE, N.C.--(Business Wire)--
Transbotics Corporation (the "Company"), (OTCBB: TNSB)
(www.transbotics.com), announced it signed a letter of intent to sell
substantially all of its assets to Nova-Tech Engineering, LLC
("Nova-Tech"). The cash price was not disclosed. In addition,
Nova-Tech will assume substantially all of the Company's liabilities
at closing. The Letter of Intent provides for an immediate working
capital loan to the Company of $500,000; should the transaction not be
consummated, the loan is required to be paid back within ten days. The
completion of the transaction will be dependent upon, among other
things, satisfactory due diligence, negotiation and execution of a
definitive agreement and the approval of the Company's shareholders.

In addition, in order to reduce Company expenses associated with
its SEC reporting requirements, the Company's board of directors has
approved the filing of a Form 15 within five business days of this
release. Such filing will immediately suspend the Company's reporting
obligations while its proxy obligations as well as certain other SEC
rules will remain in effect for 90 days. The Company intends to issue
to its shareholders a proxy statement regarding the Nova Tech
transaction and the deal terms during such 90 day period.

"The sale of the Company's assets to a much larger engineering
firm like Nova Tech will not only bring financial stability to the
Company's AGV and automation business, but will allow the business to
go after much larger automation projects due to Nova Tech's size and
extensive project management experience. We are pleased that the Nova
Tech management intends to leverage unique Nova-Tech know-how from the
aerospace industry to further enhance our existing AGV and automation
expertise," says Claude Imbleau, Transbotics CFO.

For over 20 years Transbotics Corporation has specialized in the
design, development, support and installation of automation solutions
with an emphasis on Automatic Guided Vehicles (AGVs). The Company is a
North American automation solutions integrator that manufactures,
installs and supports various automation technologies including: AGVs,
robots, conveyors, batteries, chargers, motors and other related
products.

Transbotics provides unique automation solutions to a variety of
industries, including automotive (tier one supplier), aerospace and
defense, food and beverage, paper and allied products, newsprint and
publishing, entertainment, microelectronics, plastics and primary
metals. Transbotics' current customers include Fortune 500 companies
as well as small manufacturing companies.

This release (including information incorporated by reference
herein) may be deemed to contain certain forward-looking statements
with respect to the financial condition, results of operation, plans,
objectives, future performance and business of the Company. These
forward-looking statements involve certain risk, including, without
limitation, the uncertainties detailed in Transbotics Corporation
Securities and Exchange Commission filings.

Transbotics Corporation
Claude Imbleau, CFO
704-362-1115

Copyright Business Wire 2008