Adept Technology Announces Receipt of $3.2m Order from Major OEM of Test Automation Equipment
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Adept Technology Inc.
5960 Inglewood Dr.
Pleasanton, CA, 94588
Press release date: January 13, 2010
Order for Intelligent Robotics will Enable Leading Global Consumer Electronics Manufacturer to Meet Increased Demand
Pleasanton, Calif. - January 13, 2010 - Adept Technology, Inc. (Nasdaq:ADEP), a leading provider of intelligent vision-guided robotics and global robotics services, today announced it has received a $3.2 million order for high-precision robots from a major international manufacturer of test automation equipment. The order is expected to be fulfilled and recognized as revenue this third fiscal quarter of 2010. The company selected Adept as its automation partner to provide high-speed robot systems for complex, precision handling operations. Adept has been serving the consumer electronics and IT industry with high-precision mechanisms and controls in both standard and cleanroom configurations for over 20 years.
"This represents a strong endorsement of the capabilities and performance of Adept's high-speed vision-guided robot systems and the value they bring to leading manufacturers in the consumer electronics market," said Hai Chang, managing director of Asia operations for Adept Technology, Inc. "While the electronics industry appears to be showing positive signs of recovery, manufacturers continue to challenge automation technology providers to deliver cost-effective solutions that maximize production throughputs and yields. We are very pleased that this industry leading OEM has selected Adept's products to be delivered as part of their proprietary, high-performance solutions."
About Adept Technology, Inc.
Adept is a global, leading provider of intelligent robotics systems and services that enable customers to achieve precision, speed, quality and productivity in their assembly, handling, packaging, testing and other automated processes. With a comprehensive portfolio of high-performance motion controllers, application development software, vision-guidance technology and high-reliability robot mechanisms, Adept provides specialized, cost-effective robotics systems and services to high-growth markets including Packaged Goods, Life Sciences, Disk Drive/Electronics and Semiconductor/Solar, as well as to traditional industrial markets including machine tool automation and automotive components.
More information is available at www.adept.com.
Adept Technology Press and Industry Analysts: Lauren Bucher, 925-245-3400 Marketing fax: 925-960-0452 firstname.lastname@example.org
Adept Technology, Inc. 5960 Inglewood Dr. Pleasanton, CA 94588