Silicon Valley-based investor David S. Lake has contributed more funding to Innovative Robotic Systems, Inc. (IRSI). Concurrent with the investment, it was also announced, that Mr. Lake has become the company’s major shareholder and has been elected by the Board of Directors to the position of Chairman and Chief Financial Officer. Mr. Lake with the investment commented on the IRSI’s alliances and customer and market opportunities, "IRSI's wafer-handling robots and robotic systems are industry leaders in quality, reliability, accuracy and cleanliness. This has led to alliances with some of the largest manufacturers of semiconductor processing equipment in the world. As an investor in IRSI for a number of years, I have seen firsthand the company's solid strides. I have decided to increase my investment and involvement in the company in light of IRSI's near-term opportunities to enlarge its customer base and expand its presence in multiple industries."