Adept Technology Announces Expansion of Adept Peripheral Partner Cooperative

Adept Technology Announces Expansion of Adept Peripheral Partner Cooperative Marketing Program\r\n
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\r\nPartner Program Services Designed to Simplify Systems Design and Engineering Efforts for Customers \r\n
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\r\nSAN JOSE, Calif.–(BUSINESS WIRE)–Nov. 11, 2002– Adept Technology, Inc. (Nasdaq:ADTK – News), a leading manufacturer of intelligent production automation solutions for the electronics, fiber optic, telecommunications and semiconductor industries, today announced a major expansion and re-naming of its original MVP co-marketing program. The Adept Peripheral Partner (APP) program is Adept’s new co-marketing program for robot, vision and motion control peripherals and accessories. The new APP program will feature expanded online services, electronic distribution and closer links to Adept customer support programs designed to reduce engineering and support costs for end-users and systems integrators using Adept products. „;“\“Our customers have relied on our annual MVP catalog since 1995 as a single source for validated accessories for Adept systems. Recent customer feedback told us that they wanted more electronic content, better web links and deeper service and support information and the APP program is intended to deliver exactly that,\“ noted Joe Campbell, vice president marketing for Adept. \“The APP program will deliver more detailed and timely information than ever before, and is designed to continue to simplify the design and engineering process.\“ \r\n
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\r\nThe new APP program will include a new electronic catalog of certified Adept Peripheral Partners and their products and will be available on CD-Rom and online starting in January 2003. More information on the APP program can be found online at http://www.adeptapp.com or by calling Kluga Design and Production, the company designed to manage the APP program for Adept, at 831/630-9167. \r\n
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\r\nAdept Technology, Inc. designs, manufactures and markets intelligent production automation solutions for the photonics, communications, semiconductor, automotive, appliance, food and life sciences industries throughout the world. Adept products are used for small parts assembly, material handling and ultra precision process applications and include robot mechanisms, real-time vision and motion controls, machine vision systems, system design software, process knowledge software, precision solutions and other flexible automation equipment. Adept was founded in California in 1983. More information is available at www.adept.com. \r\n
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\r\nThis press release contains certain forward-looking statements that involve a number of risks and uncertainties. Actual results could vary for a number of reasons, including but not limited to, the potential delays associated with the development and introduction of new products or software releases; rapid technological change within the company’s industry and the potential that our new or existing products may contain defects, errors or performance problems. \r\n
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\r\nFor a discussion of additional risk factors relating to Adept’s business, see Adept’s annual report on Form 10-K for the fiscal year ended June 30, 2002 including the discussion in Management’s Discussion and Analysis of Financial Condition and Results of Operations contained therein. \r\n
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\r\nThe Adept logo is a registered trademark of Adept Technology, Inc. Adept, Adept SmartServo, Adept SmartCobra 600, Adept Cobra 600, Adept SmartModules, Adept sMotion, Adept s600, Adept s800, Adept SmartAmplifier, Adept SmartAxis, MicroV+, and Adept SmartAmp are trademarks of Adept Technology. All other trademarks are owned by their respective companies. \r\n
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\r\nContact: \r\n
\r\n Adept Technology, Inc.\r\n
\r\n Press and Industry Analysts: Val Cureton, 408/434-5021\r\n
\r\n val.cureton@adept.com\r\n
\r\n Financial Analysts: Maili Bergman, 408/434-5158\r\n
\r\n investor.relations@adept.com\r\n
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\r\nSource: Adept Technology“;0;23;3;“admin“;““;0;““;0;0;0;0;0