Adept announces $2.9M order from consumer electronics manufacturer

PRESS RELEASE

Adept Technology Inc. (Pleasanton, CA, USA; Nasdaq:ADEP), a provider of intelligent vision-guided robotics and global robotics services, announced it has received a $2.9 million order for high-precision robots from a major global leader in consumer electronics. The order is expected to be fulfilled and recognized as revenue over the next two quarters. The company selected Adept as its automation partner to provide high-speed vision-guided robot systems for complex, precision handling operations after conducting a thorough investigation of potential suppliers. Adept has been serving the consumer electronics and information technology industry with high-precision mechanisms and controls in both standard and cleanroom configurations for over 20 years.

"The high-speed vision-guided robot systems will be installed in the highly competitive manufacturing environment of Southeast Asia," said Hai Chang, managing director of Asia Operations for Adept Technology. "Southeast Asian manufacturing output has rebounded more rapidly than in the U.S. and Europe, particularly in the semiconductor and electronics sectors. China has driven much of the general recovery in Asia, with much higher IT spending than in 2009. We are pleased to have this opportunity to continue serving these leading companies in the consumer electronics sector."

About Adept Technology Inc.
Adept is a global, leading provider of intelligent robotics systems and services that enable customers to achieve precision, speed, quality and productivity in their assembly, handling, packaging, testing and other automated processes. With a comprehensive portfolio of high-performance motion controllers, application development software, vision-guidance technology and high-reliability robot mechanisms, Adept provides specialized, cost-effective robotics systems and services to high-growth markets including packaged goods, life sciences, disk drive/electronics and semiconductor/solar, as well as to traditional industrial markets including machine tool automation and automotive components. More information is available at www.adept.com.

-- Posted by Vision Systems Design