Braintech Gains New Japanese Automaker Orders Through ABB Alliance; ABB Strategic Alliance Delivers New eVisionFactory Orders for Multiple Applications in North American Plant Location.VANCOUVER, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography -- Braintech, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : BRHI), a leading provider of vision-guided robotic software, announced today that it has received a purchase order from ABB n. 1. Among weavers, yarn for the warp. Hence, Noun 1. ABB - an urban hit squad and guerrilla group of the Communist Party in the Philippines; formed in the 1980s for five (5) eVisionFactory(TM) (eVF) built solutions. eVF is the ingredient software platform inside ABB's TrueView(TM) Vision Guided Robotic System 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 . The order from ABB is the first order for a North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. plant of a major Japanese Automaker. The five (5) systems ordered will be used with five (5) different parts. This further validates the industry's expanding utilization of TrueView Vision Guided Robotic Systems and underscores the value of the ABB / Braintech strategic alliance. ABB, Inc. (NYSE NYSE See: New York Stock Exchange : ABB) of Auburn Hills, Michigan Auburn Hills is a city in Oakland County in the U.S. state of Michigan. The population was 19,837 at the 2000 census. The city was formed in 1983 from the now defunct Pontiac Township. Auburn Hills is home to the world headquarters of Chrysler, the Walter P. and Braintech operate together under a strategic alliance whereby ABB uses Braintech's vision guidance technology to power its TrueView Vision Guided Robotic System. Commenting, Braintech CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Owen Jones said, "TrueView Vision Guided Robotic Systems are becoming the standard in manufacturing automation. These intelligent systems are being deployed to perform a wider range of applications by an increasing number of manufacturers. To a great extent, this is due to the stability of eVisionFactory. We expect continued growth by expanding our business with major automotive manufacturers through working closely with ABB to grow their TrueView brand." Jerry Osborn, General Manager, ABB Robot Automation stated, "The market need for flexible automation solutions continues to expand. This new customer commitment is further evidence that the creation of the TrueView brand, by the integration of Braintech vision science and ABB automation expertise, has produced the best available solution in the marketplace." About Braintech (OTCBB: BRHI) - For more information, visit www.braintech.com. About ABB - For more information, visit www.abb.com. Statements in this document that are not purely historical are forward-looking statements and reflect the current views of management with respect to future events and are subject to certain risks, uncertainties and assumptions. It is important to note that the Company's actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include risks and uncertainties such as technical difficulties in developing the products; competition from other suppliers of similar products; pricing that may not be acceptable to potential markets; and many other known and unknown factors. Readers should also refer to the risk disclosures outlined in the Company's 10-KSB and 10-QSB Forms filed from time to time with the SEC. |
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