Adept Technology Enters New Market with the Introduction of 6-Axis Robot Product Family
LIVERMORE, Calif.--April 26, 2005--New Product Introduced with a Major Customer Win: Sixty AdeptViper(TM) Robots Delivered in the First Phase of a Global TelecomManufacturer's Multi-Year Automation ProgramAdept Technology, Inc. (OTCBB:ADEO), a leading manufacturer of robotic systems, motion control and machine vision technology, today introduced the AdeptViper(TM) robot family, a line of 6-axis articulated robots designed specifically for precision assembly applications. The new family of robot's speed and payload capacity make them ideal for material handling, packaging and testing applications.The 6-axis robot market is several times larger than Adept's traditional SCARA robot market. Adept recently completed the delivery and installation of sixty AdeptViper s650 robots at a major telecom contract manufacturer. The manufacturer is in the first phase of a multi-year program for cellular phone assembly that is expected to result in the sale and delivery of over 400 AdeptViper s650 robots over the course of this contract."The speed, precision and dexterity of the AdeptViper s650 robot made it the perfect flexible assembly platform for the demanding production and business requirements of this wireless handset manufacturer," said Rob Bucher, chairman and chief executive officer for Adept Technology, Inc. "This program is an excellent example of Adept's recently announced vertical market initiative and shows the potential in the 6-axis robot market for Adept.""The AdeptViper(TM) robot family represents a significant growth potential for Adept as it addresses the rapidly expanding market segment for higher speed and precision in 6-axis robot applications," says Robert Malone, contributing editor of Managing Automation. "The company has chosen to expand into this market by leveraging its strong base of applications and controls experience to provide a unique solution for this market.""The speed and precision of the AdeptViper family combined with Adept's powerful controls and vision technology enables 6-axis robots to finally be deployed into applications where previously only 4-axis robots met the performance requirements. This allows customers to leverage the flexibility and dexterity of 6-axis robots without the historical compromises in cycle time or precision providing an effective alternative to offshore manufacturing," further commented Mr. Bucher.The AdeptViper robots are available in two models, the AdeptViper s650 and the AdeptViper s850. The AdeptViper s650 robot has a 653 mm reach and a 12" cycle time of 0.49 seconds and the AdeptViper s850 robot has an 854 mm reach and a 0.59 seconds. Both robots are designed for either table-mounting or ceiling-mounting and have a 5 kg payload capacity.Adept Technology designs, manufactures and markets robotic systems, motion control and machine vision technology for the telecommunications, electronics, semiconductor, automotive, lab automation, and biomedical industries throughout the world. Adept's robots, controllers, and software products are used for small parts assembly, material handling and packaging. Adept's intelligent automation product lines include industrial robots, configurable linear modules, machine controllers for robot mechanisms and other flexible automation equipment, machine vision, systems and software, and application software. Founded in 1983, Adept Technology is America's largest manufacturer of industrial robots. More information is available at www.adept.com .This press release contains certain forward-looking statements that involve a number of risks and uncertainties. Actual results could vary for a number of reasons, including but not limited to, the potential delays associated with the development and introduction of new products or software releases; rapid technological change within the company's industry and the potential that our new or existing products may contain defects, errors or performance problems.For a discussion of additional risk factors relating to Adept's business, see Adept's annual report on Form 10-K for the fiscal year ended June 30, 2004 and quarterly report on Form 10-Q for the quarters ended October 2, 2004 and January 1, 2005, including the discussion in Management's Discussion and Analysis of Financial Condition and Results of Operations contained therein.The Adept logo is a registered trademark of Adept Technology; Inc. Adept, and AdeptViper are trademarks of Adept Technology. All other trademarks are owned by their respective companies.Visit www.adept.com.
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