Adept Technology Announces New Odd-Form, Final Assembly and Photonics Assembly Platform At APEX Conference.Business Editors/High-Tech Writers APEX Conference 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. 22, 2002 New CHADIQh-1(TM) Flexible Precision Assembly Platform Maximizes Production Efficiency Adept Technology, Inc. (Nasdaq:ADTK), a leading manufacturer of flexible automation for the telecommunications, fiber optic and semiconductor industries, today announced at the APEX Conference in San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. the addition of its new state-of-the-art linear motor driven CHADIQh-1odd-form, final assembly, and photonics assembly platform to its CHADIQh(TM) product line. The platform maximizes production efficiency with its footprint of less than a meter and is capable of handling virtually all odd-form through-hole and surface mount applications, along with fully automatic photonics device assembly applications. "The CHADIQh-1 is one of the fastest, most flexible automated assembly systems in its class," said Joe Campbell, vice president of marketing for Adept Technology. "Additionally, the unmatched combination of price, performance, flexibility, and small footprint make its ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). one of the most competitive in the industry." Adept will be demonstrating the new CHADIQh-1 at their booth no. 4801 at the APEX Exhibition and Conference being held Jan. 22-24 at the San Diego Convention Center The San Diego Convention Center is the main convention center for the city of San Diego, California. It is located in the Marina district of downtown San Diego near the Gaslamp Quarter, at 111 West Harbor Drive. in San Diego, Calif. Adept Technology designs, manufactures and markets factory automation components and systems for the fiber optic, telecommunications, semiconductor, automotive, food and durable goods durable goods Goods, such as appliances and automobiles, that have a useful life over a number of periods. Firms that produce durable goods are often subject to wide fluctuations in sales and profits. Also called consumer durables. industries throughout the world. Adept's robots, controllers, and software products are used for small parts assembly, material handling and ultra precision process applications. Our intelligent automation product lines include industrial robots, configurable linear modules, flexible feeders, semiconductor process components, nanopositioners, machine controllers for robot mechanisms and other flexible automation equipment, machine vision, systems and software, application software, and simulation software Simulation software is based on the process of imitating a real phenomenon with a set of mathematical formulas. It is, essentially, a program that allows the user to observe an operation through simulation without actually running the program. . Founded in 1983, Adept is America's largest manufacturer of industrial robots. More information is available at www.adept.com. This press release contains certain forward-looking statements 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: 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; rapid technological change within the company's industry; the potential that our new or existing products may contain defects, errors or performance problems and decreased acceptance of the company's new or current products in the marketplace. For a discussion of additional risk factors relating to Adept's business, see Adept's annual report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the fiscal year ended June 30, 2001, including 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 contained therein. The Adept logo is a registered trademark of Adept Technology, Inc. Adept, CHADIQ, CHADIQh and CHADIQh-1 are trademarks of Adept Technology. All other trademarks are owned by their respective companies. |
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