Adept Customers and Partners See Re-Energized Future in Intelligent Robotics; Company Vision and New Product Line-up Receive Widespread Support from Partners and Customers.CHICAGO & SINSHEIM, Germany -- Adept Technology Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ADEO ADEO Air Defense Engagement Operations (US Army) ), a leading provider of intelligent vision-guided robotics and global robotics services, today announced that its customers and partners have lauded the company's new vision, products, and services. "Our unwavering commitment to our customers and partners has paid off by enabling us to deliver the solutions they need today to improve their businesses," said Robert Bucher, chairman and chief executive officer of Adept Technology Inc. "In the packaging industry, for example, our solutions have dramatically reduced the time it takes for our customers to reconfigure a packaging line, enabling them to provide their customers with the greater variety of products they demand." Adept, which in a separate release today announced its new product lineup (see related release, "Adept Technology Unleashes Robots Featuring Greater Speed, Adaptability and Accuracy"), has received strong support for its solutions and services from several of the company's key customers and partners including: Spangler Candy Company Established in 1901 (www.spanglercandy.com), Spangler, the world's largest candy cane manufacturer, uses 32 Adept robots to package its candies, which include Dum-Dum lollipops(R), circus peanuts Circus Peanuts are a peanut-shaped marshmallow candy invented in the 1800s. Although the most popular variety of mass-produced Circus Peanuts today is orange-colored with an artificial banana flavor, confectioners originally distributed an orange-flavored variety that were only , and Saf-T pops(R), as well as the candy canes. The company uses Adept vision-guided robots to inspect each candy cane, ignore those that lack the proper length and appropriate crook, then pick up each piece that passes inspection and place it properly in the cradle packaging. "Adept continues to provide us with solutions that offer more precision, flexibility, and control," said David Bauer David Bauer could refer to:
Clear Automation, Inc. Clear Automation, Inc. founded in 1990, is an award-winning systems integrator, specializing in the design, engineering, fabrication fabrication (fab´rikā´sh n the construction or making of a restoration. and installation of integrated robotic and machine vision systems. Clear integrates Adept robotics into high performance, custom automated assembly and packaging solutions that deliver unmatched performance and economic value throughout the production lifecycle. Clear Automation solutions are used in many industries including personal care products, medical devices, automotive and electronics. "The markets that Clear addresses continue to experience significant growth, and providing our customers with an effective way to automate their assembly and handling processes gives them the flexibility to lower costs while increasing revenues," said Paul Kuchay, Sales Manager sales manager n → gerente m/f de ventas sales manager n → directeur commercial sales manager sale n → , Clear Automation. "That's why Clear is focused on its partnership with Adept. The speed and accuracy of Adept robots have enabled us to deliver custom robotics solutions that help our customers achieve core business goals." Anaerobe anaerobe /an·aer·obe/ (an´ah-rob) an organism that lives and grows in the absence of molecular oxygen. facultative anaerobes Systems Anaerobe Systems manufactures biopharmaceutical products for distribution to research laboratories, hospitals, clinics and other medical facilities. The company's technology allows it to prepare and package media, an agent used in bacteriology bacteriology Study of bacteria. Modern understanding of bacterial forms dates from Ferdinand Cohn's classifications. Other researchers, such as Louis Pasteur, established the connection between bacteria and fermentation and disease. to help identify human diseases, in an oxygen-free environment, reducing the risk of even minor contaminants. Anaerobe uses Adept robots in a number of material handling and small parts assembly applications, including placing rubber stoppers stoppers see stopper pad. on hundreds of small test tubes at one time and handling these small test tubes in a culture filling machine to keep them steady while liquid is poured into the tubes. "Adept robots handle our smallest components with speed, accuracy, and precision far beyond what a manual assembler Software that translates assembly language into machine language. Contrast with compiler, which is used to translate a high-level language, such as COBOL or C, into assembly language first and then into machine language. could achieve," said Mike Cox
Parker Hannifin Parker Hannifin Corporation (originally Parker Appliance Company) NYSE: PH, of Cleveland, Ohio, is a manufacturer of motion and control technologies. Founded in 1924, the company has been publicly traded on the NYSE since December 9, 1964. Corporation Parker Hannifin is the world's leading diversified manufacturer of motion and control technologies and systems that provide precision-engineered solutions for a wide variety of commercial, mobile, industrial and aerospace markets. Parker and Adept have partnered to produce a family of high-quality linear modules for assembly and material handling applications that deliver flexibility, reliability and shorter lead times for applications such as high speed and precision dispensing. "The cutting-edge capabilities that Adept robots provide in motion control demonstrate the company's commitment to leadership in the robotics industry," said Ken Sweet, general manager, Parker Hannifin Corporation. "By combining Parker's industry leading linear positioning tables with Adept machine controls, our customers can quickly and easily build and integrate custom applications faster and more dynamically than ever before." About Adept Technology Adept Technology, Inc. designs, manufactures and markets robotic systems robotic system An integrated system of devices that automate production and manufacturing of goods and services Surgery An AI-based surgical assistant system, which processes sensory input from haptic interfaces and/or allows surgeons to act with more accuracy than , motion control and machine vision technology for global markets including automotive, consumer electronics, consumer goods consumer goods Any tangible commodity purchased by households to satisfy their wants and needs. Consumer goods may be durable or nondurable. Durable goods (e.g., autos, furniture, and appliances) have a significant life span, often defined as three years or more, and , disk drive, food, industrial tooling, medical devices, and pharmaceutical. Adept robots, controllers, and software are used for small parts assembly, material handling and packaging. Adept intelligent automation product lines include industrial robots, configurable linear modules, machine controllers for robot mechanisms and other flexible automation equipment, machine vision, and systems and applications software. Founded in 1983, Adept Technology is the largest U.S.-based manufacturer of industrial robots. More information is available at www.adept.com. This press release contains certain forward-looking statements including statements regarding revenue and future results that involve a number of risks and uncertainties. The company's actual results could differ materially from those expressed in any of the above forward-looking statements for a variety of reasons, including but not limited to, its customers ability to pay invoices in a timely manner and lack of unexpected cash obligations, the risk that some of its customers may become insolvent, future economic, competitive and market conditions including those in Europe and Asia and those related to the company's strategic markets; the company's continuing operating losses causing the company to need to raise additional financing in the future and the effect of the financing on current stockholders; the cyclicality of capital spending capital spending Spending for long-term assets such as factories, equipment, machinery, and buildings that permits the production of more goods and services in future years. of the company's customers, including in the semiconductor industry and lack of long-term customer contracts; the company's dependence on the continued growth of the intelligent automation market; the company's highly competitive industry; rapid technological change within the intelligent automation industry; the lengthy sales cycles for the company's products; the company's significant fixed costs fixed costs, n.pl the costs that do not change to meet fluctuations in enrollment or in use of services (e.g., salaries, rent, business license fees, and depreciation). which are not easily reduced; the risks associated with sole or single sources of supply and lengthy procurement lead times The interval in months between the initiation of procurement action and receipt into the supply system of the production model (excludes prototypes) purchased as the result of such actions. It is composed of two elements, production lead time and administrative lead time. ; the risks associated with acquisitions, including integration risks associated with our previous acquisitions; the risks associated with product defects; the potential delays associated with the development and introduction of new products or software releases; or decreased acceptance of the company's new or current products in the marketplace. The Adept logo is a registered trademark of Adept Technology, Inc. Adept is a trademark of Adept Technology. All other trademarks are owned by their respective companies. |
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