Adept Technology : Adept Technology and Cool Clean Technologies Announce OEM Relationship; Initial $500,000 Order Positions Adept as Robotic and Control Supplier in Innovative Disk Drive Cleaning System
07/26/2006| 05:30am US/Eastern

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Adept Technology, Inc. (Nasdaq:ADEP), the leading
provider of intelligent vision-guided robotics and global robotics
services, announced today that they have been chosen by Cool Clean
Technologies, as their robotics automation and controls supplier for
the CleanFlex(TM) cleaning system, an innovative cleaning system for
disk drive manufacturers.
The $500,000 order is for Adept SmartControllers and Adept
Cobra(TM) Dual s600 SCARA Clean Room robots. The dual robots are
controlled simultaneously within the Cool Clean Technologies' patented
CleanFlex disk drive cleaning solution. CleanFlex utilizes Carbon
Dioxide snow to remove particulates and organic contamination from
reworked and new drives leaving the disk drives pristine.
The speed and precision of the Dual Cobra Clean Room robot
combined with the Smart Controllers ability to tightly coordinate and
control both arms simultaneously was a key requirement for the
CleanFlex system. The result, a more efficient, more reliable cleaning
solution for leading disk drive customers.
The OEM partnership with Cool Clean Technologies expands the range
of automated solutions based on Adept's award winning robotic
controller platforms for manufacturers of disk drive, media,
suspension and heads and further positions Adept as the leader in
robotic automation in the growing market for disk drives in consumer
electronics.
"We are very pleased to be chosen by Cool Clean Technologies as
the OEM control and robotics supplier for their revolutionary disk
drive cleaning solution," said John Dulchinos, Vice President of
Robotics and Vertical Markets at Adept Technology, Inc. "This
substantial order represents a significant milestone in our strategic
relationship, and demonstrates the market acceptance and clear
benefits of the CleanFlex system."
"We are excited to be working with a market leader such as Adept
Technology," said David Jackson, Senior Vice President of Marketing &
Business Development at Cool Clean Technologies. "The performance and
intelligence of their robots along with their world class global
support organization make them an ideal partner."
For further information about Cool Clean Technologies, visit
www.coolclean.com. For more information on PurCO2, the precision
cleaning division of Cool Clean Technologies, visit www.purco2.com.
About Adept Technology, Inc.
Adept Technology, Inc. designs, manufactures and markets robotic
systems, motion control and machine vision technology for global
markets including automotive, consumer electronics, consumer goods,
disk drive, food, industrial tooling, medical devices, and
pharmaceutical. Adept robots, controllers, and software are used for
small parts assembly, material handling and packaging. Adept
intelligent automation product lines include industrial robots,
configurable linear modules, machine controllers for robot mechanisms
and other flexible automation equipment, machine vision, and systems
and applications software. Founded in 1983, Adept Technology is the
largest U.S.-based manufacturer of industrial robots. More information
is available at www.adept.com.
Forward-Looking Statements
This press release may contain certain forward-looking statements
including statements regarding growth, revenues, cash, margins,
expenses and products 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, the company's
limited cash resources, its customers' ability to pay invoices in a
timely manner; the risk that some of its customers may become
insolvent; 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 financial and operating risks and
regulatory requirements associated with the company's international
operations; the cyclicality of capital spending of the company's
customers and lack of long-term customer contracts; the company's
dependence on the continued growth of the intelligent automation
market; the company's highly competitive industry; rapid technological
change within the intelligent automation industry; the lengthy sales
cycles for the company's products; the company's significant fixed
costs which are not easily reduced; the risks associated with sole or
single sources of supply and lengthy procurement lead times; the risks
associated with the seasonality of the company's products; the risks
associated with product defects; the 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; or risks associated with variations in our gross margins
based on factors which are not always in our control.
For a discussion of risk factors relating to Adept's business, see
Adept's annual report on Form 10-K for the fiscal year ended June 30,
2005 and quarterly report on Form 10-Q for the quarters ended October
1, December 31, 2005 and April 1, 2006 including the discussion in
Management's Discussion and Analysis of Financial Condition and
Results of Operations and Factors Affecting Future Operating Results
contained therein.
© Business Wire 2006
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