PLEASANTON, Calif., April 5, 2012 (GLOBE NEWSWIRE) -- Adept Technology, Inc. (Nasdaq:ADEP), a leading provider of intelligent robots and autonomous mobile solutions, announced that Bremer Werk für Montagesysteme GmbH, a leading integrating specialist in Germany, will be utilizing Adept 6-axis robot arms in a production line destined for a major German automotive supplier. The $1 million order is expected to be fulfilled and recognized as revenue in the next quarter.
The company selected Adept and BWM GmbH as its automation partners to provide advanced robotic systems to be integrated into their production process in order to gain productivity and ensure product quality.
"This order is a continued validation of our partnerships and successful business strategy in Germany," said Joachim Melis, Managing Director of European operations for Adept Technology. "Adept continues to set the standard in the automotive supplier industry with our best-in-class high-precision mechanisms and controls technology."
The order for Adept Viper™ s1300 and s1700D 6-axis robots will be used in a highly flexible material handling and assembly application on an automotive component production line. The robots will be controlled using the Adept SmartController CX and distributed controls platform. The SmartController enables the customer to fully leverage and benefit from Adept's inherent multi-robot support capabilities, allowing multiple individually-configured robots to be commanded through one controller.
About Adept Technology, Inc.
Adept is a global, leading provider of intelligent robots and autonomous mobile 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 Packaging, Medical, Disk Drive/Electronics, and Solar; as well as to traditional industrial markets including machine tool automation and automotive components. More information is available at http://www.adept.com.
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Forward-Looking Statements
This press release contains forward-looking statements including, without limitation, statements about our expectations for revenues and cash flow and opportunities in our core markets and potential new markets. Such statements are based on current expectations and projections about the Company's business. These statements are not guarantees of future performance and involve numerous risks and uncertainties that are difficult to predict. The Company's actual results could differ materially from those expressed in forward-looking statements for a variety of reasons. For a discussion of these risk factors relating to Adept's business, see Adept's SEC filings, including the Company's annual report on Form 10-K for the fiscal year ended June 30, 2011, which includes the discussion in Management's Discussion and Analysis of Financial Condition and Results of Operations and Risk Factors.