Adept and Sony Partner to Embed Sony Technology Into Production Pilot Virtual Factory Software.Business Editors/High-Tech Writers 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 17, 2000 Process Planning and Design Software with Design for Assembly and Dis-Assembly Technology Available to Worldwide Manufacturers Adept Technology, Inc. (Nasdaq: ADTK), a leading supplier of factory automation products, today announced its agreement between Sony Corporation and Adept Japan that gives Adept worldwide technology licensing rights for Sony's Design for Assembly/dis-assembly Cost-effectiveness (DAC See D/A converter and discretionary access control. DAC - Digital to Analog Converter ) technology. The agreement marks the first time any assembly process knowledge has been embedded Inserted into. See embedded system. in a 3-D digital mock up environment. Adept will embed em·bed also im·bed v. em·bed·ded, em·bed·ding, em·beds v.tr. 1. To fix firmly in a surrounding mass: embed a post in concrete; fossils embedded in shale. the technology into its Production PILOT process planning and design software, developed by Adept's SILMA division. Production PILOT with the DAC technology was recently previewed at the 1999 International Robot Exhibition in October in Ariake, Japan. This cooperation between Adept and Sony will provide designers and engineers with a new set of tools to produce product designs for ease of assembly that will lead to faster production ramp rates with higher yields. Sony DAC is an assembly/dis-assembly and cost effectiveness rating methodology or scoring system Noun 1. scoring system - a system of classifying according to quality or merit or amount rating system classification system - a system for classifying things used by designers to measure and analyze the effectiveness of their factory assembly designs. It is a scoring system that rates product designs for ease of assembly. This methodology has been developed over a period of 15 years to capture the accumulated knowledge within Sony on how to design products for ease of assembly. Production PILOT is a new 3D CAD-based assembly process planning and design software previewed recently at the Assembly Technology Expo 99. It is the only fully interactive suite of its kind that gives engineers and designers the ability to analyze and verify assembly processes while simultaneously finding and correcting problems long before investing in capital equipment or fabricating any parts. "This partnership provides an unprecedented product and service to the engineering desktop. The user of SILMA's Production PILOT with Sony's DAC methodology gets the unique capability of PILOT's process planning enhanced by Sony's process knowledge," said Charlie Duncheon, senior vice president of marketing and sales for Adept Technology. "DAC is hundreds of man-years of manufacturing process knowledge that has made Sony the premier electronics manufacturer in the world. We are truly empowering the product designer to optimize the manufacturing cost of their design." Adept will sell the Production PILOT product embedded with the DAC technology worldwide to manufacturers operating in the electronics, semiconductor, 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 beginning in January of 2000. Adept Technology, Inc., founded in 1983, is 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. . Adept designs and manufactures intelligent automation hardware and software products for manufacturers in the electronics, semiconductor, appliances, telecommunications, pharmaceutical, food processing, 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 further discussion of risk factors relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the company's business, see the company's Form 10Q for the quarter ended December 26, 1998, and the company's annual report on Form 10K for the fiscal year ended June 30, 1998, 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, 1998. The Adept logo is a registered trademark of Adept Technology, Inc. Adept and Production PILOT are trademarks of Adept Technology, Inc. All other trademarks are owned by their respective companies. |
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