Cognex Receives $2M Order From Leading Semiconductor Equipment Manufacturer |

Cognex Receives $2M Order From Leading Semiconductor Equipment Manufacturer

June 182004
NATICK, MA, June 14, 2004 -- Cognex Corporation (NASDAQ: CGNX), the world's leading supplier of machine vision systems, announced today that it has received a single purchase order in excess of $2 million from Accretech, a leading Japanese manufacturer of semiconductor processing equipment. The purchase order is for Cognex vision systems to be delivered over the next few months and is in addition to the more than $7 million in orders that Cognex had previously received from Accretech this year.

Accretech will integrate the Cognex vision systems into its wafer probers to perform alignment and inspection tasks on silicon wafers at Accretech's customers' facilities. "Wafer probing ensures that chip makers avoid the expense of assembling and packaging defective chips by identifying problems early in the manufacturing process. We depend on Cognex to help us supply the tools our customers need to produce error-free chips," said Mr. Masakuni Matsuda, Accretech Senior Executive Officer and general manager of Probing Technology.

"Accretech and Cognex have enjoyed a very productive and warm working partnership for more than 15 years. The fact that they have relied on us for their vision needs for that long period is a testament to the confidence that they have in our products," said Cognex CEO and Chairman, Robert J. Shillman. "Large orders like this one are indeed welcome news for Cognex and confirm that the industry is in a robust recovery."

About Accretech
Formerly Tokyo Seimitsu Co Ltd. or TSK, Accretech's principal activity is the manufacture and sale of semiconductor manufacturing equipment and precision measuring devices. Operations are carried out through both the Semiconductor Manufacturing Equipment Division (Wafer probing machines, wafer dicing machines, wafer inspection machines and polish grinders) and the Precision Measuring Devices Division (In-line measuring instruments and industrial measuring instruments).

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, specializes in machine vision systems that 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, 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, Japan, Europe, and Southeast Asia.
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