Adept Technology Announces New Business Unit Structure and Appointments.Business Editors/High Tech Writers SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--Jan. 31, 2000 New Organization Structure and Appointments to Augment Customer Service Focus Adept Technology, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : ADTK), America's largest manufacturer of industrial robots and a factory automation leader, today announced its new organizational structure  This article has no lead section.To comply with Wikipedia's lead section guidelines, one should be written. including the creation of four new business units and the appointment of the new business unit's managers. In its ongoing strategy to promote growth and improve focus on specific customer groups, Adept has created new business units responsible for its Semiconductor, SILMA, Motion Control and Assembly/Material Handling divisions. David Dyal, Albert Pedrazza, Keith Bailey Keith Bailey (born 21 February 1964 in Dublin) is a former Irish cricketer. He was a right-handed batsman and a wicket-keeper. He made his debut for Ireland in June 1985 against Sussex, and went on to play for Ireland on eleven occasions. and Tim Puvogel are the new managers for the Semiconductor, SILMA, Motion Control and Assembly/Material Handling units, respectively. Each manager will be responsible for setting strategic direction and priorities to meet customer needs, and providing guidance and feedback to the company's operating units operating unit A type of operating company that engages in transactions with outsiders and that is owned by another business. For example, in 1995 the stockholders of Capital Cities/ABC approved a $19 billion merger with the Walt Disney Company, whereupon . &uot;We believe this new business unit organizational strategy will allow us to focus on the specific customer groups making us more effective and efficient as a corporation,&uot; said Brian Carlisle, chairman and chief executive officer for Adept Technology. &uot;We are extremely pleased with each of the new business unit appointments. Each manager brings a wealth of expertise to the new units and are all extremely qualified to execute Adept's corporate commitment to success and customer satisfaction.&uot; Adept Technology, Inc., founded in 1983, is America's largest manufacturer of industrial robots. Adept designs and manufactures intelligent automation hardware and software products for manufacturers in the semiconductor, electronics, appliances, telecommunications, pharmaceutical, food processing Food processing is the set of methods and techniques used to transform raw ingredients into food for consumption by humans or animals. The food processing industry utilises these processes. , and automotive components industries. The company provides a broad, flexible line of software intensive, computer-driven automation products for assembly, material handling and packaging applications. Adept Technology product and service information is available at its worldwide web site http://www.adept.com. This press release contains certain forward-looking statements that involve a number of risks and uncertainties including but not limited to, the potential delays associated with the development and introduction of new products or software releases; the potential fluctuations in the company's quarterly and annual results of operations; 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; the company's dependence on the continued growth of the intelligent automation market; 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 company's highly competitive industry; and rapid technological change within the company's industry. For a further discussion of risk factors relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the company's business, see the company's Form 10Q for the quarter ended October 2, 1999, and the company's annual report on Form 10K for the fiscal year ended June 30, 1999, including the discussion in Management's Discussion and Analysis Management's discussion and analysis (MD&A) A report from management to shareholders that accompanies the firm's financial statements in the annual report. It explains the period's financial results and enables management to discuss topics that may not be apparent in the financial of Financial Condition and Results of Operations filed as an exhibit thereto, filed on September 28, 1999. The Adept logo is a registered trademark of Adept Technology, Inc. Adept is a trademark of Adept Technology, Inc. All other trademarks are owned by their respective companies. |
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