Adept Technology Enters New Market with the Introduction of 6-Axis Robot Product Family.LIVERMORE, Calif. -- New Product Introduced with a Major Customer Win: Sixty AdeptViper(TM) Robots Delivered in the First Phase of a Global Telecom Manufacturer's Multi-Year Automation Program Adept Technology, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ADEO ADEO Air Defense Engagement Operations (US Army) ), a leading manufacturer of 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, today introduced the AdeptViper(TM) robot family, a line of 6-axis articulated robots An articulated robot is a robot with rotary joints (e.g. a legged robot). Articulated robots can range from simple two-jointed structures to systems with 10 or more interacting joints. They are powered by a variety of means, including electric motors. designed specifically for precision assembly applications. The new family of robot's speed and payload (1) Refers to the "actual data" in a packet or file minus all headers attached for transport and minus all descriptive meta-data. In a network packet, headers are appended to the payload for transport and then discarded at their destination. capacity make them ideal for material handling, packaging and testing applications. The 6-axis robot market is several times larger than Adept's traditional SCARA robot market. Adept recently completed the delivery and installation of sixty AdeptViper s650 robots at a major telecom contract manufacturer. The manufacturer is in the first phase of a multi-year program for cellular phone assembly that is expected to result in the sale and delivery of over 400 AdeptViper s650 robots over the course of this contract. "The speed, precision and dexterity of the AdeptViper s650 robot made it the perfect flexible assembly platform for the demanding production and business requirements of this wireless handset manufacturer," said Rob Bucher, chairman and chief executive officer for Adept Technology, Inc. "This program is an excellent example of Adept's recently announced vertical market initiative and shows the potential in the 6-axis robot market for Adept." "The AdeptViper(TM) robot family represents a significant growth potential for Adept as it addresses the rapidly expanding market segment for higher speed and precision in 6-axis robot applications," says Robert Malone, contributing editor A contributing editor is a magazine job title that varies in responsibilities. Most often, a contributing editor is a freelancer who has proven ability and readership draw. of Managing Automation. "The company has chosen to expand into this market by leveraging its strong base of applications and controls experience to provide a unique solution for this market." "The speed and precision of the AdeptViper family combined with Adept's powerful controls and vision technology enables 6-axis robots to finally be deployed into applications where previously only 4-axis robots met the performance requirements. This allows customers to leverage the flexibility and dexterity of 6-axis robots without the historical compromises in cycle time or precision providing an effective alternative to offshore manufacturing," further commented Mr. Bucher. The AdeptViper robots are available in two models, the AdeptViper s650 and the AdeptViper s850. The AdeptViper s650 robot has a 653 mm reach and a 12" cycle time of 0.49 seconds and the AdeptViper s850 robot has an 854 mm reach and a 0.59 seconds. Both robots are designed for either table-mounting or ceiling-mounting and have a 5 kg payload capacity. 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 forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve a number of risks and uncertainties. Actual results could vary for a number of reasons, including but not limited to, the potential delays associated with the development and introduction of new products or software releases; rapid technological change within the company's industry and the potential that our new or existing products may contain defects, errors or performance problems. 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, 2004 and quarterly report on Form 10-Q Form 10-Q See 10-Q. for the quarters ended October 2, 2004 and January 1, 2005, 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, and AdeptViper are trademarks of Adept Technology. All other trademarks are owned by their respective companies. |
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