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 world’s
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 www.adept.com.
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. Bucher, 925-245-3400 (voice) Analysts: (fax) |
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