Adept approved for NASDAQ relisting

Nov. 14, 2005
NOVEMBER 14--Adept Technology (Livermore, CA) has received notification from the NASDAQ Listing Qualifications Panel that its common stock has been approved for relisting on the NASDAQ, subject to standard listing requirements.

NOVEMBER 14--Adept Technology (Livermore, CA), a provider of intelligent vision-guided robotics and global robotics services, has received notification from the NASDAQ Listing Qualifications Panel that its common stock has been approved for relisting on the NASDAQ, subject to standard listing requirements. Trading on the NASDAQ National Market System is expected to commence with the opening of trading on Tuesday, November 15, 2005. Adept Technology has been trading on the OTC Bulletin Board under the trading symbol "ADEO", but will change its trading symbol to "ADEP" on the NASDAQ National Market System.

Adept Technology currently has a market capitalization of just less than $50 million, based on its closing share price on November 8, 2005, with just more than 6.1 million shares outstanding.

For more information, please visit the Investor Relations page on Adept Technology's corporate Web site:www.adept.com.

Voice Your Opinion

To join the conversation, and become an exclusive member of Vision Systems Design, create an account today!