Adept Technology Appoints Janine Roth as Vice President of Marketing and Corporate Development; Industry Veteran to Align Worldwide Marketing Efforts with Adept's Customer and Market-Driven Company Strategy.LIVERMORE, Calif. -- Adept Technology Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ADTK), a leading manufacturer of robotic systems, motion control and machine vision technology, today announced that Janine Roth has joined the Adept executive management team as vice president of marketing and corporate development. Ms. Roth's appointment reflects Adept's continued business growth and dedication to creating a worldwide marketing organization focused on the needs of customers. Ms. Roth joins Adept with more than 22 years of experience in technical and business marketing, corporate and business development, product management, and direct sales in the networking, security and software industries. "Janine's appointment is a key step in developing a marketing and corporate development organization that is attuned at·tune tr.v. at·tuned, at·tun·ing, at·tunes 1. To bring into a harmonious or responsive relationship: an industry that is not attuned to market demands. 2. to our key vertical markets and can clearly differentiate our solutions and communicate our value to customers," said Rob Bucher, chairman and chief executive officer for Adept Technology Inc. "Janine will also provide valuable leadership in future strategic planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. and communication, in increasing our visibility in the press, analyst, and investor communities, and in creating shareholder value through stronger company and product positioning." "This is a very exciting time to join Adept," said Roth. "We have invested wisely in building a first-rate executive team and reevaluating our corporate strategy. I believe we are now poised to leverage our reputation for exceptional technology to enter a period of sustained growth and expansion." Most recently, Ms. Roth was vice president of business development and corporate strategy at NetScreen Technologies, which was acquired by Juniper Networks Juniper Networks, Inc. (NASDAQ: JNPR) is an information technology company based in Sunnyvale, California and founded in 1996. The company designs and sells Internet Protocol network products and services. in 2004. Prior to NetScreen, she served as vice president of marketing and business development at Centigram cen·ti·gram n. A metric unit of mass equal to one hundredth (10-2) of a gram. centigram one-hundredth of a gram; abbreviated cg. Communications. Before Centigram, she spent nine years overseas in management roles across BellSouth International's 16 global telecom operations. Ms. Roth has also held management positions at Touche Ross, Digital Equipment Corporation, and AT&T - Bell Labs. She currently serves on the advisory boards of Tablus Inc. and Mistletoe Technologies The creator of this article, or someone who has substantially contributed to it, may have a conflict of interest regarding its subject matter. It may require cleanup to comply with Wikipedia's content policies, particularly neutral point of view. . About Adept Technology Adept Technology designs, manufactures and markets robotic systems, motion control and machine vision technology for the telecommunications, electronics, semiconductor, automotive, lab automation, and biomedical bi·o·med·i·cal adj. 1. Of or relating to biomedicine. 2. Of, relating to, or involving biological, medical, and physical sciences. industries throughout the world. Adept's robots, controllers, and software products are used for small parts assembly, material handling and packaging. Adept's intelligent automation product lines include industrial robots, configurable linear modules, machine controllers for robot mechanisms and other flexible automation equipment, machine vision, systems and software, and application software. Founded in 1983, Adept Technology is America's largest 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. For a discussion of additional risk factors relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc 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, 2003, as amended, and its quarterly reports on Forms 10-Q for the fiscal quarters ended September 27, 2003, December 27, 2003 and March 27, 2004 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 contained therein. 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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