Corporate Profile for Adept Technology Inc., dated June 5, 1998.--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-
Published Date: June 5, 1998
Company Name: Adept Technology Inc.
Address: 150 Rose Orchard Way
San Jose, Calif. 95134
Main Telephone
Number: 408/432-0888
Internet Home
Page Address
(URL): www.adept.com
Chief Executive
Officer: Brian Carlisle
Chief Financial
Officer: Betsy Lange
Investor Relations
Contact: Paul Carney
Business number: 408/434-5158
e-mail address: paul.carney@adept.com
Public Relations
Contact: Colleen Bell Annen
Business number: 408/252-1081
e-mail address: cannen@adept.com
Trading Symbol/
Exchange: ADTK/NASDAQ
Industry: Industrial Automation
Company description: Adept(R) Technology (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 :ADTK) develops industry-leading manufacturing automation hardware and software products for the electronics, appliance, telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. , 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 component industries. The company provides a broad, flexible line of software intensive, computer-driven automation products for small parts material handling and assembly and packaging applications. Products include a complete line of high-speed robots, linear modules, machine vision, automation controllers and automation software. The SILMA division provides industrial simulation software Simulation software is based on the process of imitating a real phenomenon with a set of mathematical formulas. It is, essentially, a program that allows the user to observe an operation through simulation without actually running the program. that optimizes the use of manufacturing equipment. Technologies pioneered by Adept include direct drive robots, integrated machine vision, applications level robot and vision software and multi-tasking motion controls. The AdeptOne(TM) robot has become the world's most widely used assembly robot, and Adept's V+(TM) robot language and its predecessor, VAL 1. VAL - Value-oriented Algorithmic Language. J.B. Dennis, MIT 1979. Single assignment language, designed for MIT dataflow machine. Based on CLU, has iteration and error handling, lacking in recursion and I/O. "A Value- Oriented Algorithmic Language", W.B. (TM), now form the largest installed base of robot software Robot software is the coded commands that tell a mechanical device (known as a robot) what tasks to perform and control its actions. Robot software is used to perform tasks and automate tasks to be performed. Programming robots is a non-trivial task. in the industry. The company was founded in 1983 by Brian Carlisle and Dr. Bruce Shimano, recognized pioneers in robotics robotics, science and technology of general purpose, programmable machine systems. Contrary to the popular fiction image of robots as ambulatory machines of human appearance capable of performing almost any task, most robotic systems are anchored to fixed positions and automation control software. Today, Carlisle is the company's chairman 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. . Dr. Shimano is vice president of research and development. Adept employs over 400 people worldwide. Revenue for FY97 was over $82 million. CONTACT: Adept Technology Inc. |
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