Adept Technology to Preview New 6 Axis Robots At ATE Expo 2000; First Exhibition of AdeptVector at Assembly Technology Exposition Sept. 26-28.Business Editors, Technology Writers ATE Expo 2000, Booth No. 43004 ROSEMONT, Ill.--(BUSINESS WIRE)--Sept. 26, 2000 Adept Technology, Inc. (Nasdaq:ADTK), America's largest manufacturer of industrial robots An industrial robot is officially defined by ISO[1] as an automatically controlled, reprogrammable, multipurpose manipulator programmable in three or more axes. and a factory automation leader, today announced the technology preview of a new line of 6 axis robots, the Adept Vector family, at Assembly Technology Exposition which opens today in Rosemont, Ill. The new robots consist of multiple models to accommodate varying 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. and application requirements. The Adept Vector robots will be targeted for assembly and material handling tasks and will be available for preview at the Adept booth (No. 43004) for the duration of the show. "Our customers have repeatedly asked us to extend our SCARA and cartesian product (mathematics) Cartesian product - (After Renee Descartes, French philosper and mathematician) The Cartesian product of two sets A and B is the set A x B = a, b) | a in A, b in . I.e. the product set contains all possible combinations of one element from each set. lines to include 6 axis robots leveraging our controls platform and world class customer support across a broader range of applications," commented Joe Campbell, vice president of marketing for Adept Technology. "With the addition of the Adept Vector to our family of robots Adept will be the only company able to meet the market's demand for a complete product line for small parts assembly and material handling." The Adept Vector product line will ultimately include three models, with payloads ranging from 3kg to 20kg, and reach from 650mm to 1650mm. Clean room and other packaging options will also be available. Pricing and release dates have not been announced. The Vector mechanisms will be manufactured for Adept by Yaskawa Electric Corporation The Yaskawa Electric Corporation (株式会社安川電機 of Japan. "Yaskawa is a world class manufacturer of robot mechanisms," noted Campbell. "Combining Adept controls with Yaskawa's contract manufacturing capabilities will give Adept's customers best-in-class 6 axis robots." Adept Technology, Inc., founded in 1983, is America's largest manufacturer of industrial robots. Adept designs and manufactures intelligent automation hardware and software products for manufacturers in the electronics, appliances, telecommunications, pharmaceutical, food processing Food processing is the set of methods and techniques used to transform raw ingredients into food for consumption by humans or animals. The food processing industry utilises these processes. , and automotive components industries. The company provides a broad, flexible line of software intensive, computer-driven automation products for assembly, material handling and packaging applications. Adept Technology product and service information is available at its worldwide web site http://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 including but not limited to, the potential delays associated with the development and introduction of new products or software releases; the potential fluctuations in the company's quarterly and annual results of operations; 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; the company's dependence on the continued growth of the intelligent automation market; 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 company's highly competitive industry; and rapid technological change within the company's industry. For a discussion of 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 Form 10Q for the quarters ended October 2, 1999, January 1, 2000 and April 1, 2000, as well as our annual report on Form 10K for the fiscal year ended June 30, 1999, 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 filed as an exhibit thereto, filed on September 28, 1999. The Adept logo is a registered trademark of Adept Technology, Inc. Adept and Adept Vector are trademarks of Adept Technology, Inc. All other trademarks are owned by their respective companies. |
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