Adept Technology Receives $2.5m Order for Vision-Guided Robots
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Adept Technology, Inc.
3011 Triad Dr.
Livermore, CA, 94551
Press release date: July 28, 2009
Major Global Consumer Electronics Manufacturer Selects Adept as Automation Partner
Pleasanton, Calif.-July 28, 2009--Adept Technology, Inc. (NASDAQ:ADEP), a leading provider of intelligent vision-guided robotics and global robotics services, today announced it has received a $2.5 million dollar order for vision-guided robots from a leading international consumer electronics manufacturer. The order is expected to be fulfilled and recognized as revenue this first fiscal quarter of 2010. The company selected Adept Technology as its automation partner to provide high-speed vision-guided robot systems for precision handling and assembly operations. Adept Technology has been serving the consumer electronics industry with high-precision mechanisms and controls in both standard and cleanroom configurations for over 20 years.
"The mechanisms involved in this order will be installed in Asia as part of a major capacity expansion program," said Hai Chang, Managing Director of Asia Operations for Adept Technology, "With the significant impact of the global downturn on the semiconductor and electronics industries and Asian manufacturing output, we are cautiously optimistic that this recent business and other positive signs in the sector point towards the start of a steady recovery. We are greatly pleased to have this opportunity to continue to serve and support this important global customer and their manufacturing operations."
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.
Press and Industry Analysts:
Lauren Bucher, 925-245-3400
Adept Technology, Inc. 5960 Inglewood Dr. Pleasanton , CA 94588