Adept Technology Wins Robotics World Magazine Product Award.Business Editors/High-Tech Writers International Robot and Vision Show 2003 LIVERMORE, Calif.--(BUSINESS WIRE)--June 16, 2003 Adept Cobra Smart600(TM) Robot Wins Innovative Product Award for Robots/Controllers at International Robot and Vision Show 2003 Adept Technology, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ADTK.OB), a leading manufacturer of flexible automation for the semiconductor, electronics, fiber optic, telecommunications, and life sciences industries, today announced that its Adept Cobra Smart600(TM) robot has won Robotics World magazine's Innovative Products Award in the robots/controllers category at the recently held International Robot and Vision Show 2003 in Rosemont, Ill. The awards, which debuted at the show, were determined by independent judges and were created to give recognition to product innovation in the robotics industry. "We are delighted that Robotics World has recognized our Adept Cobra Smart600 as one of the industry's best new innovative products," said Charlie Duncheon, executive vice president of Adept Technology. "The award validates our vision to develop products that will help industries that want to automate, but find the cost of installation and operation of traditional robots a barrier. We feel that the Adept Cobra Smart600 will open the doors to more universal use of robot systems." What sets the Adept Cobra Smart600 apart from all other robots is Adept's exclusive Adept SmartAmp(TM) technology -- this is the only industrial SCARA robot to include all the controls, amplifiers and I/O (Input/Output) The transfer of data between the CPU and a peripheral device. Every transfer is an output from one device and an input to another. See PC input/output. I/O - Input/Output inside the robot. It is capable of running completely standalone under the Adept MicroV+(TM) operating system operating system (OS) Software that controls the operation of a computer, directs the input and output of data, keeps track of files, and controls the processing of computer programs. and programming language, without the need for an external controller, electronics, or breakout box A device inserted into a multiple-line cable for testing purposes that provides an external connecting point to each wire. A small LED may be attached to each line, which glows when a signal is present.  Breakout Box _title> . Installing the robot consists of simply mounting the robot and connecting power. The Adept Cobra Smart600 can be deployed quickly and easily controlled using the embedded Adept MicroV+(TM) programming language in conjunction with on-board digital I/O. 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, 2002, as amended, and Adept's quarterly reports on Form 10-Q Form 10-Q See 10-Q. for the quarters ended September 28, 2002, as amended, December 28, 2002, as amended, and March 29, 2003, 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. Note to Editors: The Adept logo is a registered trademark of Adept Technology, Inc. Adept, Adept Cobra Smart600, Adept SmartAmp and Adept Micro V+ are trademarks of Adept Technology. All other trademarks are owned by their respective companies. |
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