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Advanced Technology: Adept Gets $2.9 Million Order For Robots

April 23, 2010 (FinancialWire) — Adept Technology, Inc. (NASDAQ: ADEP) said it has received a $2.9 million order for high-precision robots from a major leader in consumer electronics.

The order is expected to be fulfilled and recognized as revenue over the next two quarters.

"The high-speed vision-guided robot systems will be installed in the highly competitive manufacturing environment of Southeast Asia," said Hai Chang, managing director of Asia operations. "Southeast Asian manufacturing output has rebounded more rapidly than in the U.S. and Europe, particularly in the semiconductor and electronics sectors."

Adept is a global, provider of high-performance motion controllers, application development software, vision-guidance technology and high-reliability robot mechanisms. Adept provides specialized, cost-effective robotics systems and services to high-growth markets including packaged goods, life sciences, disk drive/electronics and semiconductor/solar, as well as to traditional industrial markets including machine tool automation and automotive components.

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