Cognex Corporation Ships 200,000th Machine Vision System.Business Editors Allen-Bradley Automation Fair MILWAUKEE & NATICK, Mass.--(BUSINESS WIRE)--Nov. 19, 2003 Cognex Corporation Cognex Corporation is an American corporation that manufactures commercial machine vision systems. Cognex is the world leader in its field, holding an array of patents and employing academic experts. (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 :CGNX), the world's leading supplier of machine vision systems and intelligent sensors, has shipped its 200,000th machine vision system. The system was purchased by AgentWare, a leading developer of real-time information access and process management systems for the automotive industry The automotive industry is the industry involved in the design, development, manufacture, marketing, and sale of motor vehicles. In 2006, more than 69 million motor vehicles, including cars and commercial vehicles were produced worldwide. . The 200,000th system was presented to Agentware's President and 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. , Hal Popplewell, at the Allen-Bradley Automation Fair on November 19th. AgentWare purchased the system as part of an order for multiple Cognex In-Sight(R) vision sensors that AgentWare will integrate at a major automotive transmission manufacturing complex in the Midwest. The Cognex vision sensors will be used for error proofing and analyzing production by automatically reading the 2D codes that are marked directly on transmission components. "The shipment of our 200,000th system represents a major milestone in our company's progress in bringing machine vision to an ever-growing number of manufacturers around the world," said Dr. Robert J. Shillman, Cognex's CEO, Chairman, and Founder. "In just four years we have doubled the number of systems shipped. This rapid growth is proof that manufacturers around the world are choosing Cognex systems because they improve productivity, lower manufacturing costs, and assure product quality." "AgentWare provides manufacturers with solutions that optimize productivity and reduce inventory costs, and machine vision is a critical part of that process. We selected Cognex as our vision partner because of their technology leadership and because of their 20-year successful history of providing high quality machine vision systems and sensors for factory automation," said Mr. Popplewell. AgentWare develops intelligent manufacturing systems for real-time information access and process management. AgentWare is a multinational company with systems installed in factories from Japan to Brazil to Germany. In the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , AgentWare is a Tier One supplier to the automotive industry. Visit AgentWare online at http://www.agentwaresystems.com. Cognex Corporation designs, develops, manufactures, and markets machine vision systems and machine vision sensors, or computers that can "see." Cognex is the world's leader in the machine vision industry, having shipped more than 200,000 vision systems, representing nearly $1.5 billion in cumulative revenue, since the company's founding in 1981. Cognex's Modular Vision Systems Division, headquartered in Natick, Massachusetts Natick (Pronunciation IPA: /ˈneɪtɪk/) is a town in Middlesex County, Massachusetts, United States. Natick is located near the center of the MetroWest region of Massachusetts, with a population of 32,170 at the , specializes in machine vision systems that are used for automating the manufacture of a wide range of discrete items and for assuring their quality. Cognex's Surface Inspection Systems Division, headquartered in Alameda, California Alameda is a city in Alameda County, California, United States. It is located on a small island of the same name next to Oakland, California in the San Francisco Bay. An additional part of the city is Bay Farm Island, which is adjacent to the Oakland International Airport. , specializes in machine vision systems that are used for inspecting the surfaces of products manufactured in a continuous fashion, such as metals, papers and plastics. In addition to its corporate headquarters in Natick, Massachusetts, Cognex also has regional offices located throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Japan, Europe, and Southeast Asia Southeast Asia, region of Asia (1990 est. pop. 442,500,000), c.1,740,000 sq mi (4,506,600 sq km), bounded roughly by the Indian subcontinent on the west, China on the north, and the Pacific Ocean on the east. . Visit Cognex on-line at http://www.cognex.com. |
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