Adept Technology Expands Distribution into Mexico
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Exclusive Agreement with Automatizaciones Garco S.A. de C.V. Extends Market for Adept Quattro Robot
LIVERMORE, Calif. - October 2, 2008, Adept Technology, Inc., a leading provider of intelligent vision-guided robotics and global robotics services, today announced its expansion into the Mexican market for its products and the signing of Automatizaciones Garco S.A. de C.V. of Monterrey, Mexico as an exclusive distributor for Mexico. Mexico currently has an extremely fast growing food packaging market requiring high-speed automation solutions. The Adept Quattro(TM) s650 robot is specifically designed for high-speed manufacturing, packaging, material handling and assembly applications and is ideal for this expanding regional market.
Under the terms of the agreement, Automatizaciones Garco S.A. de C.V. will be the exclusive distributor in Mexico for Adept's complete portfolio of robotics, controls, vision and software products.
"Garco is having great success in the food and medical packaging sector where both cleanliness issues and the rising cost of manual labor are forcing manufacturers to seek robotic solutions to historically manual processes," said John Dulchinos, president and chief executive officer for Adept Technology, Inc. "With this partnership we will continue our expansion initiative into this region and Garco's customers will benefit by having access to the Adept product line that is ideally suited for the food and packaging sectors."
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, Medical, Disk Drive/Electronics and 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, Inc.
3011 Triad Dr
Livermore, CA 94551
CONTACT: Adept Technology
Press and Industry Analysts:
Lauren Bucher, 925-245-3400
Marketing
fax: 925-960-0452
lauren.bucher@adept.com
or
Financial Analysts:
Lisa Cummins, 925-245-3413
Chief Financial Officer
fax: 925-245-3510
investor.relations@adept.com
