LIVERMORE, Calif. --Feb. 7, 2006--Adept Technology, Inc., (NASDAQ:ADEP), the leading provider of intelligent vision-guided robotics and global robotics services, today announced a new strategic partnership with Singapore-based MMI Systems Pte Ltd, a subsidiary of MMI Holdings Ltd.
(SGX:MMI).MMI, which has additional operations in Thailand, Malaysia and China, is one of the premier systems integration and capital equipment contract manufacturing companies in Asia. The partnership with MMI expands Adept's regional presence and increases Adept's ability to deliver and support robotic automation solutions in Southeast Asia.The initial order from MMI is for 22 Adept Cobra s600 vision-guided robots, and is the first part of a multiphase program that could yield several additional lines over the next two years.
This program also represents Adept's first design win destined for a major Japanese disk drive manufacturer.By combining the flexibility and speed of the Adept Cobra s600 with the precision of the AdeptVision sAVI System(TM), the project delivers a high-throughput solution for the assembly of disk drives for computer and consumer electronics products." MMI is a world class equipment manufacturing company," said John Dulchinos, Vice President of Robotics for Adept Technology, Inc. "Their cost efficient infrastructure and extensive engineering skills combined with Adept's advanced robotics and vision technology enable a new class of performance."" We are very excited to be working with Adept Technology," said Angie Ng, Development Engineering Director of MMI.
"Their powerful robotics and vision technology and strong support in Southeast Asia make them an ideal partner for advanced manufacturing requiring the latest in robotic solutions."
About MMI
MMI is an electro-mechanical contract manufacturer providing OEM and ODM contract manufacturing services for its strategic customers in multi-industries: data storage, photonics, communications, semi-conductor equipment, automotive and industrial automation. Our value-add services include turnkey design, manufacturing integration solutions in precision engineering components, sub-assemblies, modules to complete finished products, capital equipment and systems.
More information is available at www.mmi.com.sg .
About Adept
Adept Technology, Inc. designs, manufactures and markets robotic systems, motion control and machine vision technology for global markets including automotive, consumer electronics, consumer goods, food, industrial tooling, medical devices, and pharmaceutical. Adept robots, controllers, and software are used for small parts assembly, material handling and packaging. Adept intelligent automation product lines include industrial robots, configurable linear modules, machine controllers for robot mechanisms and other flexible automation equipment, machine vision, and systems and applications software.
Founded in 1983, Adept Technology is the largest U.S. -based manufacturer of industrial robots.
More information is available at www.adept.com .
