Adept Technology Extends Robotics Distribution Into Brazil.Exclusive Agreement With MAR Industries Provides Experienced Channel Into Expanding Robotics robotics, science and technology of general purpose, programmable machine systems. Contrary to the popular fiction image of robots as ambulatory machines of human appearance capable of performing almost any task, most robotic systems are anchored to fixed positions Market LIVERMORE, Calif. -- 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 :ADEP ADEP Association d'Entraide des Polios et Handicapés ADEP Accelerated Degree Evening Program ADEP Accelerator-Driven Energy Production ADEP Avionics Document for Execution & Planning ADEP Automatic Depth Control ), the leading provider of intelligent vision-guided robotics and global robotics services, announced today that it has signed an exclusive agreement with MAR Industries to distribute the company's full product line in Brazil. The relationship between the companies accelerates Adept's distribution strategy and provides customers in the expanding Brazilian manufacturing marketplace with extensive automation expertise based locally in their region. Under the terms of the agreement, MAR Industries will be the exclusive distributor for Adept's complete portfolio of robotics, controls, vision and software products, including the innovative Adept Quattro[TM] s650 packaging robot, throughout Brazil. "We are pleased to be aligned with MAR Industries as our distribution partner in Brazil," said John Dulchinos, president and COO of Adept Technology. "Their 12 years of automation experience will help us capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. Brazil's expanding food and 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 packaging market." About Adept Technology, Inc. Adept is a global, leading provider of intelligent robotics systems and services that enable customers to achieve precision, speed, quality and productivity in their assembly, handling, packaging, testing and other automated processes. With a comprehensive portfolio of high-performance motion controllers, application development software, vision-guidance technology and high-reliability robot mechanisms, Adept provides specialized spe·cial·ize v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es v.intr. 1. To pursue a special activity, occupation, or field of study. 2. , cost-effective robotics systems and services to high-growth markets including Packaged Goods Noun 1. packaged goods - groceries that are packaged for sale foodstuff, grocery - (usually plural) consumer goods sold by a grocer plural, plural form - the form of a word that is used to denote more than one , Life Sciences, Disk Drive/Electronics and Semiconductor; as well as to traditional industrial markets including machine tool automation and automotive components. More information is available at www.adept.com. |
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