Adept Technology Wins 2001 Control Engineering Editors' Choice Award; Adept SmartAxis Module Wins Award for Best Motor, Drive or Motion Control Product Introduced in 2001.Business Editors/High-Tech Writers National Manufacturing Week 2002 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)--April 11, 2002 Adept Technology, Inc. (Nasdaq:ADTK), a leading manufacturer of flexible automation for the fiber optic, telecommunications and semiconductor industries, today announced that its Adept SmartAxis module has won one of Control Engineering magazine's 2001 Editor Choice Awards for best motor, drive or motion control product. The winners were honored with a ceremony on March 17 prior to the Industrial Automation Show at National Manufacturing Week in Chicago, Ill. This year's winners were selected from over 2,000 new products featured in the 2001 issues of Control Engineering and Control Engineering Online. The awards were based on three criteria: service to the industry, technological advancement, and market impact. "I can think of no better validation for our Adept SmartAxis product vision than recognition from Control Engineering, the industry leading controls magazine," noted Joe Campbell, vice president of marketing for Adept Technology. The Adept SmartAxis module is the first self-contained linear module with an integrated power amplifier Power amplifier The final stage in multistage amplifiers, such as audio amplifiers and radio transmitters, designed to deliver appreciable power to the load. and motion controller. This motion controller, located in the amplifier, delivers trajectory planning and advanced servo-loop control using a DSP (1) (Digital Signal Processor) A special-purpose CPU used for digital signal processing applications (see definition #2 below). It provides ultra-fast instruction sequences, such as shift and add, and multiply and add, which are commonly used in math-intensive that runs an embedded subset of Adept's V+ robot programming software. 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 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, 2001 and Adept's quarterly reports on Form 10-Qs for the quarters ended Sept. 29, 2001 and Dec. 29, 2001, 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 Adept SmartAxis are trademarks of Adept Technology. All other trademarks are owned by their respective companies. |
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