MechVisual Announces Turnkey 3D Robotic Vision Guidance System

MechVisual Announces Turnkey 3D Robotic Vision Guidance System for ABB Inc. Material Handling Robot\r\n
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\r\nTuesday November 19, 9:06 am ET \r\n
\r\nPatented Robotic Vision Package Delivers Efficiency to Automotive Plants \r\n
\r\nSANTA CLARA, Calif.–(BUSINESS WIRE)–Nov. 19, 2002–MechVisual Inc., a provider of three-dimensional (3D) robotic vision systems, announced today the release of their turnkey 3D vision guidance package for ABB Inc.’s popular IRB 6600 industrial robot. MechVisual’s patented software uses off-the-shelf hardware, and industry standard interfaces poising MechVisual to become the leading robotic vision system for the material handling operations of automobile and light truck assembly lines globally.“;“According to a recently published report by ARC Advisory, \“General Purpose Machine Vision Systems,\“ the single greatest complaint by users in deploying vision systems is the lengthy and expensive set-up and maintenance issues with current solutions. In the survey, Author Dick Slansky states that over 40% of vision users cited ease of use as the most important factor in the purchase decision. \r\n
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\r\n\“Unlike currently available robotic vision systems, MechVisual’s non-calibrated, 3D robotic vision system enable plants to setup their vision systems in 3 to 5 hours, as opposed to 3 to 5 weeks,\“ said MechVisual CEO Bruce Fryer. \“Our systems lower the total cost of ownership and maximizes ease of use through intuitive point-and-click features. Customers realize dramatic gains in productivity and profitability with typical capital recovery periods measured in weeks – not years.\“ MechVisual is in pre-production development at automotive assembly and stamping plants in the U.S. \r\n
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\r\nFormed in December 2001, MechVisual has recently closed the first tranche of its Series A financing with lead investor Viridian Capital Partners. Viridian, a private equity firm based in Charlotte, NC and Greenwich, CT, invests in industrial IT companies that develop new technologies to drive efficiency and profitability for large-scale, global enterprises. \r\n
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