Document:

SERVICES
      AGREEMENT

    

    This
      document sets forth the SERVICES
      AGREEMENT
      executed
      by:

    

    	·  	
            STRATOS
              DEL PERÚ
              S.A.C.,
              identified
              with Taxpayer’s Registration Number 20515769774, domiciled at Av. Canaval
              y Moreyra 380 Oficina 401, district of San Isidro, province and department
              of Lima, duly represented by Mr. Carlos Antonio Salas Vinatea, identified
              with National Identity Card No. 09378202, and by Mr. Julio César Antonio
              Alonso Lindley, identified with National Identity Card No. 40401999,
              according to the powers registered in the Electronic Entry No. 11995912
              of
              the Legal Entities Registry of Lima Registry Office, hereinafter called
              the “THE
              PROVIDED”;
              and, by,

          

     

    	·  	
            PANKA
              SAC,
              with Taxpayer’s
              Registration Number 20512553487,
              and domiciled at Felipe Santiago Salaverry St. 275 - Urb. Industrial
              El
              Pino - San Luis-Lima-Lima, duly represented by Mr. PERCY EDWIN GONZALES
              CASTRO, identified with ID No 10277254 (hereinafter “THE
              PROVIDER”).

          

    

    Each
      of
      representatives, in their own right, declares that they has sufficient faculties
      to fulfill THE
      PROVIDED
      and
THE
      PROVIDER
      as
      appropriate, in all terms and conditions:

    

    FIRST
      CLAUSE:
      BACKGROUNDS

    

    
      	1.1	
              THE
                PROVIDED,
                it is a corporation devoted to production and distribution of hydrocarbons
                produced from sugar cane, which requires the services rendering described
                in the Second Clause of this
                agreement.

            

    

    

    	1.2           
            	
            THE
              PROVIDER, it
              is a corporate body specialized in the services rendering described
              in the
              Second Section of this agreement. 

          

    

    	1.3           
            	
            THE
              PROVIDED,
              owns
              a sugar mill "Estrella del Norte" at Chepén, which is composed by
              equipment for the sugar production described in the Appendix
              No 1
              of
              this document, which duly signed by the parties, form an integral part
              thereof (hereinafter THE
              EQUIPMENTS).
              

          

    

    	1.1.          
            	
            THE
              PROVIDER has
              the ability and experience in performing the services required by
              THE
              PROVIDED,
              for which this last one is interested in engage THE
              PROVIDER
              under the terms and conditions set forth herein.
              

          

    

    SECOND
      CLAUSE: PURPOSE

    

    
      	2.1	
              By
                this agreement, THE
                PROVIDER
                is
                engaged to face THE
                PROVIDED,
                who agrees to perform the services described in the Commercial proposal
                represented by THE
                PROVIDER
                that duly signed by the parties, it is an integral part of this agreement
                as Appendix
                No.2. 

            

    

    

    
      	2.2	
              As
                a result of the rendered services by THE
                PROVIDER
                under this agreement, this one must deliver THE
                PROVIDED the
                following documents (hereinafter THE
                DOCUMENTS):
                

            

    

    

    	·  	
            Summary
              Report, which will have a maximum of twenty-five (25) sheets.
              

          

    	·  	
            Specifications
              for purchasing equipment. 

          

    	·  	
            Descriptive
              Report about THE
              EQUIPMENT
              installations.

          

    	·  	
            Costs
              and Budgets. 

          

    	·  	
            Plans
              and diagrams.

          

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    THIRD
      CLAUSE:
      TERM
      

    

    	3.1           
            	
            The
              Execution term of this agreement will be ninety (90) calendar days
              beginning the day after the signing of this document and the advancement
              of payment stated in Numbers 4.2.1.herein.

          

    

    	3.2           
            	
            During
              the execution period of this agreement, THE
              PROVIDER shall
              perform the following: 

          

    

    	-   
             	
            Partial
              Presentations of THE
              DOCUMENTS
              so
              fortnightly, from the thirty (30) days alter the signing of this
              document.

          

    	-   
             	
            Deliver
              THE
              DOCUMENTS
              in
              a period of not more than ninety (90) calendar days from the day following
              the signing of this agreement. 

          

    

    	3.3           
            	
            The
              term described in this clause may be extended prior written agreement
              between the parties. 

          

    

    FOURTH
      CLAUSE: CONSIDERATION AND PAYMENT FORM

    

    
      	
              4.1

            	
              THE
                PROVIDED is
                commitment to
                pay, for the services rendered under this agreement, the total amount
                of $
                79,730.00 (seventy nine thousand seven hundred and thirty-00/100
                dollars
                of the USA) including the General Tax
                Sales.

            

    

    

    
      	
              4.2

            	
              The
                amount agreed upon pursuant to this provision shall be cancelled
                to
                THE
                PROVIDER
                as
                follows: 

            

    

    

    	4.2.1. 
              	
            After
              the signing of this agreement:
              Forty-five percent (45%) of the total amount stipulated in paragraph
              4.1
              above. For this purpose, the signing date of this document, THE
              PROVIDER
              accept a promissory note for the amount of $ 35,878.50 (thirty-five
              thousand eight hundred and seventy-eight and 50 / / 100 dollars of
              the
              USA) in favor of THE
              PROVIDED,
              the same as Appendix
              No 3
              is
              an integral part of this agreement. 

          

    

    	4.2.2. 
              	
            After
              thirty (30) days of signing the agreement:
              Twenty-five percent (25%) of the total amount stipulated in paragraph
              4.1
              above. 

          

    

    	4.2.3. 
              	
            After
              sixty (60) days of the signing of the agreement: The
              twenty percent (20%) of the total amount stipulated in paragraph 4.1
              above. 

          

    

    	4.2.4. 
              	
            After
              delivering of THE DOCUMENTS: Ten
              percent (10%) of the total amount stipulated in paragraph 4.1
              above. 

          

    

    
      	
              4.3

            	
              The
                parties declare that the above amount includes the appropriate costs
                of
                the service area of this document as well as the technical staff
                required
                by THE
                PROVIDER.
                Any other additional expenditure must be approved prior written by
                THE
                PROVIDED.
                

            

    

    

    
      	
              4.4

            	
              THE
                PROVIDER
                conducted the correspondent deductions for consideration to be paid
                to
                THE
                PROVIDED
                in
                accordance with the current tax regulations.

            

    

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    FIFTH
      CLAUSE: LESSOR DUTIES

    

    
      	
              5.1

            	
              Delivering
                THE
                DOCUMENTS
                by
                writing to THE
                PROVIDED
                in
                the Spanish language in the place and date set by the parties within
                the
                period described in the third clause of this
                agreement.

            

    

    

    
      	
              5.2

            	
              Carry
                out the obligations assumed under this agreement which are essential
                conditions and express the same. 

            

    

    

    
      	
              5.3

            	
              Rendering
                the services covered by this agreement at its own risk with their
                own
                financial resources, technical, material or those necessary for rendering
                the services subject of this document.

            

    

    

    
      	
              5.4

            	
              Engage
                qualified and specialized staff in the service rendering, subject
                to this
                agreement, not receiving orders by THE
                PROVIDER.

            

    

    

    SIXTH
      CLAUSE: ASSIGMENT OF RIGHTS AND DUTIES

    

    It
      is
      established that any of parties may assign its rights or contractual position,
      in whole or in part with the express prior written consent of the other
      party.

    

    SEVENTH
      CLAUSE: MODIFICATIONS AND TERMINATION OF THE AGREEMENT 

    

    
      	
              7.1

            	
              Any
                modification of this agreement which constitutes the elimination,
                reduction, enlargement and / or integration of services, through
                a prior
                agreement between both parties will be conducted by signing of an
                Addendum
                which will be considered an integral part of the agreement.
                

            

    

    

    
      	
              7.2

            	
              Notwithstanding
                the period specified in the third clause precedent, THE
                PROVIDED
                shall be entitled to terminate this agreement in case of non-fulfillment
                of obligations assumed by THE
                PROVIDER.

            

    

    

    For
      such
      effect, THE
      PROVIDED
      shall
      notify to THE
      PROVIDER
      about
      its intention to terminate this agreement, giving a maximum period of fifteen
      (15) days, effects that their behavior conforms to the provisions of the same,
      it does not happen, the agreement means resolved as of right without any claim
      that could be made, and without prejudice to any civil actions which may arise
      as a result of this situation. 

    

    	7.3.1        
            	
            Also
              at expiry of the deadline specified in the third clause of this agreement
              without the THE
              PROVIDER
              had completed the services for which he was engaged, THE
              PROVIDED shall
              be entitled to deduct from the compensation contemplated in the fifth
              clause, the sum of $ 1, 000.00 (Thousand and 00/100 dollars of the
              USA)
              for each day of delay by penalty, without prejudice to initiate the
              correspondent legal actions. 

          

    

    EIGHT
      CLAUSE: NATURE OF CONTRACT 

    

    
      	8.1	
              The
                parties expressly agreed that this agreement has a civilian nature
                and no
                matter subordinate relation or any dependence of THE
                PROVIDED or
                their workers with THE
                PROVIDER,
                nor with the staff engaged for
                these.

            

    

    

    
      	8.2	
              In
                addition, THE
                PROVIDED
                is
                not responsible for the failure of THE
                PROVIDER about
                its administrative and tax obligations or, in general, to obtain
                or renew
                their authorizations, permits, licenses, concessions or similar required
                for the business activities development and the services implementation,
                subject of this agreement.

            

    

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    NINTH: CONFIDENTIALITY
      

    

    
      	
              9.1

            	
              THE
                PROVIDER
                undertakes to keep in total reserve all and any information about
                THE
                PROVIDED
                or
                its business, which has had access during the performance of this
                agreement. This requirement will remain in force despite the expiration
                or
                termination of this agreement.

            

    

    

    
      	
              9.2

            	
              The
                exception to this provision, the information that: (a)
                was public when it was presented to THE
                PROVIDER
                or
                if it becomes a public event to a different non-compliance with the
                obligations assumed by either party (b) THE
                PROVIDER
                has acquired without assuming a duty of confidentiality to a source
                other
                than the other party, their representatives, officers, employees,
                subcontractors or consultants, and (c)
                they must be disclosed and / or contained in development or mandated
                by
                law, decree, sentence or order of the competent authority in the
                exercise
                of their lawful duties.

            

    

    

    
      	
              9.3

            	
              THE
                PROVIDER is
                forced to take the necessary precautions to ensure that confidentiality
                obligation assumed by this document, would be fulfilled in strictly
                by its
                employees, directors, engaged and all dependants. In any case (s)
                of such
                persons do (n) ignore those obligations, whether intentionally or
                unintentionally, directly or indirectly, accept responsibility in
                solidarity must compensate THE
                PROVIDED
                for damages in the event of default.

            

    

    

    TENTH
      CLAUSE: NOTIFICATIONS
      

    

    
      	10.1	
              All
                s only valid when the domicile was set within the urban radio in
                Lima,
                Peru. 

            

    

    

    
      	10.2	
              The
                notifications and communications, except those conducted by notary
                made
                according to procedures established by notaries or by the Peruvian
                Law,
                shall be deemed effective: (i) the date of delivery, if it is personal,
                or
                (ii) on the date of receipt to acknowledgement, if it is sent by
                registered mail, or courier carrying
                prepaid.

            

    

    

    ELEVENTH
      CLAUSE: TOTAL AGREEMENT 

    

    This
      agreement constitutes the entire agreement between the parties and it will
      prevail before any prior agreement or statements, oral or written, with respect
      to the subject matter. This Agreement may not be modified or amended except
      in
      writing and signed by the legal representatives of each party duly authorized
      complying with the same procedure outlined in paragraph 7.1 of this
      document.

    

    TWELVETH
      CLAUSE: GOVERNING LAW

    

    The
      parties expressly agreed that at any matters not covered by this agreement,
      the
      Peruvian Civil Code shall be apply and, in general, The Peruvian
      law.

    

    THIRTEENTH
      CLAUSE: JURISDICTION AND LEGAL DOMICILE

    

    	13.1         
            	
            The
              parties are submitted to jurisdiction of judges and Courts of the judicial
              district of Lima-Cercado, for the interpretation, performance or
              settlement of any dispute or disagreement that might arise from this
              agreement, waiving expressly competition from their domiciles.
              

          

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    	13.2         
            	
            The
              parties indicated their domiciles as those that appear in the introduction
              to this instrument, it being understood that can only be varied prior
              notice of attorney issued by the party concerned with not less than
              ten
              (10) working days prior to the change effective domicile.
              

          

     

    	13.3         
            	
            All
              communications regarding the instrument and, in general, for everything
              relating to the implementation and compliance about it shall be delivered
              to domicile indicated. If these formalities for domicile change are
              not
              presents it will produce problems with communications that are directed
              at
              domicile stated in the introduction to this document.
              

          

     

    

    Signed
      with conformity and approval at 27th
      days of
      February, two thousand eight.

    

    
      	
              p.
                THE PROVIDED 

            	
              p.
                THE PROVIDER

            
	
               

               

               

               

               

              .............................................................

              CARLOS
                ANTONIO SALAS VINATEA

              ID
                No. 09378202 

            	
               

               

               

               

               

              ...........................................................

              PERCY
                EDWIN GONZALES CASTRO 

              ID
                N°: 10277254

            
	
               

               

               

               

               

              ............................................................

              JULIO
                CÉSAR ANTONIO ALONSO LINDLEY

              ID
                N°: 40401999Exhibit 10.2
------------

                      TRANSBOTICS SECURES AGV SYSTEM ORDER
                            IN THE PACKAGING INDUSTRY

CHARLOTTE, NC - March 18, 2008 - Transbotics Corporation, (OTC BB: TNSB)
(www.transbotics.com), announced it received an order for an Automatic Guided
Vehicle (AGV) system from an existing customer in the Packaging industry. The
order, totaling approximately $530,000 is to be installed over the next eight
months and will include multiple vehicles, controls, hardware, and other related
equipment, software, and engineering services.

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.

                                  ### #### ###

Contact:
Charlie Robison
Vice Chairman & CEO
(704) 362-1115

                                       24

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