Adept Technology Adds New Distributor

Olympus Controls Will Market, Integrate and Sell Adept's Mobile Robots in Seven States


PLEASANTON, Calif., July 21, 2015 (GLOBE NEWSWIRE) -- Adept Technology, Inc. (Nasdaq:ADEP), a leading provider of intelligent robots, autonomous mobile solutions and services, announced today that it has added a new distributor, Olympus Controls, Inc. A full-service automation provider, Olympus Controls will market and support Adept's portfolio of mobile robots in Washington, Oregon, California, Idaho, Montana, Texas and Oklahoma.

"We are pleased to welcome Olympus Controls as our newest distributor in the U.S.," said Rob Cain, president and CEO of Adept. "Olympus Controls is an ideal partner for our business as their vision is to be recognized as the best machine automation company in North America. Given their ability to provide high-value automation solutions within these markets, we believe that Olympus Controls will be a successful partner to sell our mobile products."

Olympus Controls President Scott Hendrickson said, "There is a manufacturing renaissance happening in North America and robots and automation technology are the point of the spear. There is a tremendous buzz about 'factories of the future' and one of the most valuable services we provide our clients is searching for the next disruptive technology that they can confidently deploy into their factories today. Our team felt that the growth potential for mobile robots will be strong in the next five years and we wanted to align ourselves with the market leader in this new space. When we did our due diligence, Adept Technology was the clear leader in the autonomous mobile robot category both from a technical and commercial perspective. We are also very excited that Adept has both their R&D and manufacturing here in North America."

About Adept Technology, Inc.

Adept is a global, leading provider of intelligent robots, autonomous mobile robot solutions, and services that enable customers to achieve precision, speed, quality and productivity in their assembly, handling, packaging, testing, and logistical processes. With a comprehensive portfolio of high-performance motion controllers, application development software, vision-guidance technology and high-reliability robot mechanisms with autonomous capabilities, Adept provides specialized, cost-effective robotics systems and services to high-growth markets including medical, electronics, food and semiconductor; as well as to traditional industrial markets including machine tool automation and automotive components. More information is available at www.adept.com.

About Olympus Controls, Inc.

Based in Portland, Oregon, Olympus Controls is an engineering services company that specializes in machine automation. They help their clients with the ideation of unique and innovative solutions then they collaborate with them to deliver the mechanical, electrical and software pieces that take their solution from concept to reality. For more information about Olympus Controls, please visit www.olympus-controls.com.

All trade names are either trademarks or registered trademarks of their respective holders.


            

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