WORLDGROUP ANNOUNCES ITS TENDER OFFER FOR ROBOMATIX
TO EXPIRE JULY 13
TEL AVIV, Israel, July 7, 2005 -- WorldGroup Holdings Ltd., a public Israeli
company traded on the Tel Aviv Stock Exchange, commenced on June 14, 2005 a
tender offer to purchase all of the outstanding shares of Robomatix Technologies
Ltd. (OTC Bulletin Board: RBMXF) at $1.00 per share in cash, less any
withholding taxes due.
The tender offer will expire at 5:00 pm New York City time on Wednesday, July
13, 2005, unless extended.
Affiliates of WorldGroup hold approximately 52.20% of the outstanding shares of
Robomatix and have indicated that they will tender in the offer.
WorldGroup has filed a Tender Offer Statement on Schedule TO/13E-3 with the U.S.
Securities and Exchange Commission which, as amended to date, contains the Offer
to Purchase, the form of letter of transmittal and other documents relating to
the transaction. Robomatix has filed a Solicitation / Recommendation Statement
on Schedule 14D-9 relating to the transaction. These documents, as amended from
time to time, contain important information about the transaction, and
shareholders of Robomatix are urged to read them carefully. You may access these
documents at the website maintained by the U.S. Securities and Exchange
Commission at www.sec.gov.