Adept and TriStar Systems Deliver First Off-the-Shelf Advanced Measurement Solution to Improve Disk Drive Manufacturing Process; Better Throughput and Yield Are Realized With Integrated Measurement and Robotic Material Handling Capabilities.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, today announced the company has partnered with TriStar Systems, a leading manufacturer of custom automation systems for the disk drive and media manufacturing market to provide a new generation of advanced systems for measuring media quality. Adept's expertise in robotics, control and vision-guided systems, combined with TriStar Systems' engineering and production capabilities, jointly provide the first off-the-shelf metrology system for performing in-process precision thickness gauging of media. The announcement is another milestone in Adept Technology's commitment to deliver robotic innovation to the disk-drive industry. With large product volumes and razor thin production tolerances and profit margins, the manufacturing of disk drives and media requires rigorous attention not only to the environment in which components are assembled, but to maximizing the yield at every process step. Even the slightest introduction of micro contaminants from latex latex, emulsion of a polymer (e.g., rubber) in water (see colloid). Natural latexes are produced by a number of plants, are usually white in color, and often contain, in addition to rubber, various gums, oils, and waxes. gloves, q-tips and other materials used to manually assemble and handle media can adversely affect results. Precise measurement is also a critical capability in optimizing process yields by maximizing the quality of the product at each production step, reducing scrap and lowering costs while also avoiding defects and damage once the product is in the field. In order to remain competitive in a market with increasingly short production cycles, it is still essential for companies to manufacture disk-drive and media with speed and reliability, despite these increasingly challenging parameters. "Adept robotics technology brings unsurpassed precision and reliability to the disk-drive manufacturing process through the advanced vision-guidance and programmability of our solutions," said John Dulchinos, vice president of robotics, Adept Technology Inc. "With TriStar Systems and their media metrology system, we are able to deliver a competitive edge for companies in this dynamic market. The faster these companies are able to produce product at exceptional levels of quality, the more agile they will be." "TriStar Systems is committed to helping our customers tightly integrate their production operations with Adept robotics technology to deliver a unique way to facilitate high-precision measurement calculations required by disk-drive manufacturing," Rich Muir, vice president of worldwide sales and marketing, TriStar Systems. These systems which are assembled and tested in accordance with our customers' exact design and layout specifications or are designed and manufactured entirely by TriStar's engineering and production team provide advanced automated customized gauging and metrology solutions for the data storage industry." Products Within Application The Adept Cobra(TM) s600 SCARA robot is a high-performance SCARA robot system for mechanical assembly, material handling, packaging, machine tending, screwdriving, and many other operations requiring fast and precise automation. The Adept Cobra s600 SCARA robot offers maximum flexibility and scalability, a dramatic 70% reduction in wiring over other SCARA robots, and unique cost-saving expansion capabilities that are only available with Adept SmartServo. The Adept Cobra s600 SCARA robot supports high-performance options, including conveyor tracking, vision guided motion, auxiliary servo An electromechanical device that uses feedback to provide precise starts and stops for such functions as the motors on a tape drive or the moving of an access arm on a disk. axes, general machine control. TriStar employs the best capacitance probe Capacitance Sensors use capacitance to measure the dielectric permittivity of the surrounding medium. The volume of water in the total volume of soil most heavily influences the dielectric permittivity of the soil because the dielectric of water (80) is much greater than the other and sorting technologies available within a custom designed, automated workcell to process over 2,000 disks per hour. These workcells improve cycle time during the next process step by over 25%. About Adept Technology Adept Technology, Inc. designs, manufactures and markets robotic systems robotic system An integrated system of devices that automate production and manufacturing of goods and services Surgery An AI-based surgical assistant system, which processes sensory input from haptic interfaces and/or allows surgeons to act with more accuracy than , motion control and machine vision technology for global markets including automotive, consumer electronics, 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 , food, industrial tooling, medical devices, and pharmaceutical. Adept robots, controllers, and software are used for small parts assembly, material handling and packaging. Adept intelligent automation product lines include industrial robots An industrial robot is officially defined by ISO[1] as an automatically controlled, reprogrammable, multipurpose manipulator programmable in three or more axes. , configurable linear modules, machine controllers for robot mechanisms and other flexible automation equipment, machine vision, and systems and applications software. Founded in 1983, Adept Technology is the largest U.S.-based manufacturer of industrial robots. More information is available at www.adept.com. This press release may contain 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. including statements regarding strategic initiatives, and value for our securities that involve a number of risks and uncertainties. The company's actual results and value of its securities could differ materially from the above forward-looking statements for a variety of reasons, including but not limited to, risk factors affecting the market for the company's common stock, its customers' ability to pay invoices in a timely manner; the risk that some of its customers may become insolvent; future economic, competitive and market conditions including those in Europe and Asia and those related to the company's strategic markets; risks of acceptance of the company's new or current products in the marketplace; the financial and operating risks Operating risk The inherent or fundamental risk of a firm, without regard to financial risk. The risk that is created by operating leverage. Also called business risk. and regulatory requirements associated with the company's international operations Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee. ; the company's limited cash resources; 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 and lack of long-term customer contracts; the company's dependence on the continued growth of the intelligent automation market; the company's highly competitive industry; rapid technological change within the intelligent automation industry; the lengthy sales cycles for the company's products; the company's significant fixed costs fixed costs, n.pl the costs that do not change to meet fluctuations in enrollment or in use of services (e.g., salaries, rent, business license fees, and depreciation). which are not easily reduced; 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 risks associated with the seasonality of the company's products; the risks associated with product defects; the potential delays associated with the development and introduction of new products or software releases; the company's ability to sell its products through systems integrators and original equipment manufacturers who may also promote competing products; or risks associated with variations in our gross margins based on factors which are not always in our control. 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 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, 2005 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 and Factors Affecting Future Operating Results contained therein. The Adept logo is a registered trademark of Adept Technology, Inc. Adept is a trademark of Adept Technology. All other trademarks are owned by their respective companies. |
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