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Adept Technology to Preview Innovative Solar Cell Inspection and Handling Technology at Intersolar North America Show

2008-07-15 07:30:00

New System Integrates High Resolution Inspection With Quattro s650

Robot, Streamlining Solar Cell Production

LIVERMORE, Calif.–(EMWNews)–Adept Technology, Inc. (NASDAQ:ADEP), the leading provider of

intelligent vision-guided robotics and global robotics services, today

announced it will preview its new solar cell handling and inspection

technology at the Intersolar North America Show in San Francisco,

California July 15-17, 2008. The new system integrates high resolution

inspection with high speed solar cell handling and features the Adept

Quattro s650 robot along with a Bernoulli

gripper. The Quattro robot is the worlds

fastest robot with over 200 systems sold worldwide. The Bernoulli

gripper combined with the Quattro robot creates an effective method for

manipulating solar cells without the potential for product damage.

“Automating solar cell inspection has proven to be an effective way to

increase yields and reduce in-process scrap,

said John Dulchinos, president and chief operating officer for Adept

Technology, Inc. “Integrating inspection with automated handling is the

next step in improving production efficiencies and continuing the trend

towards lower cost solar cells.

The company will be demonstrating the new system on its booth #9542 at

the Intersolar North America Show in the Moscone Convention Center in

San Francisco, California July 15-17, 2008. The system cell preview at

the show will feature the Adept Quattro s650 robot handling high speed

solar cell transfers from a moving conveyor belt to a pallet. The

demonstration also utilizes a high resolution, high-speed image capture

system provided by LMI Technologies, a leader in advanced vision sensors

for industrial applications. The Adept Quattro s650 robot is ideal for

handling, assembly, sorting, loading, unloading, testing, inspection,

tabbing, stringing, scribing and dispensing applications.

About Adept Technology, Inc.

Adept is a global, leading provider of intelligent robotics systems and

services that enable customers to achieve precision, speed, quality and

productivity in their assembly, handling, packaging, testing and other

automated processes. With a comprehensive portfolio 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. More

information is available at

All trade names are either trademarks or registered trademarks of their

respective holders.

Forward-Looking Statements

This press release contains certain forward-looking statements including

statements regarding revenues, profitability, products, market

opportunities and Adept’s growth and impact of its restructuring based

on its current products, strategy and market presence that involve a

number of risks and uncertainties. The Company’s actual results could

differ materially from those expressed in any of the above

forward-looking statements for a variety of reasons, including but not

limited to, factors affecting our operating results including factors

difficult to forecast; future economic, competitive and market

conditions including those in Europe and Asia and those related to the

Company’s strategic markets; risks of acceptance of the Company’s new or

current products in the marketplace; the actual results of our

restructuring activities, and potential impact of current restructuring

efforts; the financial and operating risks and regulatory requirements

associated with international operations, sales and foreign suppliers;

the cyclicality of capital spending of the Company’s customers and lack

of long-term customer contracts; customers’ ability to pay invoices in a

timely manner; the risk that some customers may become insolvent;

dependence on the continued growth of the intelligent automation market;

the highly competitive nature of and rapid technological change and

competition within the intelligent automation industry; the lengthy

sales cycles for the Company’s products; the Company’s limited cash

resources and significant fixed costs which are not easily reduced; the

Company’s outsourced manufacturing dependence and risks associated with

sole or single sources of supply and lengthy procurement lead times;

risks associated with the seasonality of the Company’s products; risks

associated with product defects; potential delays associated with the

development and introduction of new products or software releases; the

Company’s ability to sell its products through systems integrators and

original equipment manufacturers who may also promote competing

products; risks associated with variations in our gross margins based on

factors not always in Adept’s control; the need to hire and retain

qualified managerial personnel and to complete acquisitions to expand

operations; risks of unfair termination claims by employees; risks

associated with variations in gross margins; risks related to the

Company’s potential inability to strengthen its internal controls over

financial reporting; potential securities class action litigation if

Adept’s stock price remains volatile or operating results suffer; and

costs of being a public company as a result of legislation requiring

greater general and administrative costs to be incurred.

For a discussion of 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, 2007, which include the discussion in

Management’s Discussion and Analysis of Financial Condition and Results

of Operations and Risk Factors contained therein.

Adept Technology, Inc.
Press and Industry Analysts:

Bucher, 925-245-3400 (voice)
925-960-0452 (fax)
[email protected]

Lisa Cummins, 925-245-3413 (voice)

Chief Financial Officer
[email protected]

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