Cognex Selected as Machine Vision Supplier by Palomar Technologies.Business Editors/High-Tech Writers NATICK, Mass.--(BUSINESS WIRE)--March 15, 2004 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, announced today that Palomar Technologies, a leading manufacturer of automated, high-precision assembly systems for the electronics, automotive, aerospace and medical industries, has integrated Cognex's MVS-8000(TM) machine vision system into its new Model 8000 thermosonic wire bonder. Wirebonders are automated, high-speed, and highly accurate machines used during the manufacture of semiconductor chips to attach semiconductor die to lead frames and other substrates. The Cognex MVS-8000 vision systems will be used to guide and monitor the bonding process by automatically determining where the connections between the die and lead frame are to be made. Using Cognex machine vision, the Palomar Model 8000 bonder is able to place eight tightly-spaced wires per second, with a repeatability of better than five microns. "Palomar has relied on Cognex as our primary vision supplier for the past 15 years," said Bruce Hueners, Vice President of Marketing for Palomar Technologies. "We consider the engineering staff at Cognex to be an extension of our own, and we capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. their name recognition and leadership position in the industry to help promote our products. Cognex machine vision has been one of the important features that differentiates our product, and it provides our customers with a strategic competitive advantage." "Palomar Technologies is a leader in precision assembly automation, and we are proud that Cognex machine vision helps them provide the highest possible speed, yield and accuracy to their customers," said Dr. Robert J. Shillman, Cognex's 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. and Chairman. About Palomar Technologies Palomar Technologies leads the market in precision automation equipment and services for the production of microelectronic components. The company's automated equipment eliminates manual processes by precisely placing and attaching small silicon or compound semiconductor chips to their package. The Model 8000 wire bonder is capable of handling large hybrids, MCMs (multichip modules) or several smaller devices at one time. Established in 1975 as part of Hughes Aircraft Hughes Aircraft Company was a major aerospace and defense company founded by Howard Hughes. The group was based near Ballona Creek, in Culver City, California, USA, on the Pacific Coast. Hughes Aircraft was acquired by General Motors in 1985. Company, Palomar has been an independent company since 1995. About Cognex Cognex Corporation designs, develops, manufactures, and markets machine vision systems, or computers that can "see." Cognex is the world's leader in the machine vision industry, having shipped more than 200,000 machine vision systems, representing over $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 which 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, paper 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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