Adept Celebrates 30th Anniversary of Robotic Innovation

Company Celebrates Anniversary Milestone With Plans for New Innovative Products, Pioneering Technologies and Continued Team Dedication


PLEASANTON, Calif., July 23, 2013 (GLOBE NEWSWIRE) -- Adept Technology, Inc. (Nasdaq:ADEP), a leading provider of intelligent robots and autonomous mobile solutions, today announced it has reached its 30th year in business. The company, founded in 1983, shipped its initial product, the AdeptOne, the world's first direct drive robot system in 1984. Today Adept's automation solutions are used in Packaged Goods, Life Sciences, Disk Drive/Electronics and Semiconductor/Solar; as well as in more traditional industrial markets such as machine tool automation and automotive components. Adept has installed more than 57,000 automation systems worldwide into a broad spectrum of high-growth markets.

"I congratulate Adept Technology, headquartered in my district, on the tremendous accomplishment of its 30th anniversary. Adept Technology, the largest U.S.-based manufacturer of robots, is a fine example of California's creativity and spirit of innovation," said Rep. Eric Swalwell (CA-15). "It is companies like Adept that help to make American manufacturing more competitive and enable companies to re-shore their operations from overseas, key to reinvigorating our economy through a strong domestic manufacturing sector. I wish them well as they embark on their next 30 years."

"We are very proud to have achieved this milestone in our history but we are just getting started," said Rob Cain, president and CEO of Adept Technology. "We are seeing manufacturers around the world beginning to replace hard automation with flexible robotic work cells in order to accommodate mass customization and shorter product lifecycles. Our fully autonomous mobile vehicles are now working side by side with people in both the medical and semiconductor industries. In the near future we see robots working collaboratively alongside people on a variety of tasks in factories, distribution centers and medical facilities. The future is very bright and we are excited to be a part of it."

As part of its celebration Adept has placed a blog on its website http://www.adepttechnology.tumblr.com to feature comments from customers and videos and images of Adept robot installations around the world. Customers are encouraged to post their best stories and examples of Adept robots in action.

About Adept Technology, Inc.

Adept is a global, leading provider of intelligent robots and autonomous mobile solutions 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, Electronics, and Logistics, as well as to traditional industrial markets including automotive components. More information is available at www.adept.com.

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



            

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