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Adept Technology Receives 1 Million Dollar Order for Lynx Mobile Robots

May 21, 2015 4:01 PM EDT

PLEASANTON, Calif., May 21, 2015 (GLOBE NEWSWIRE) -- Adept Technology, Inc. (Nasdaq: ADEP), a leading provider of intelligent robots, autonomous mobile solutions and services, has received an order totaling more than 1 million dollars (US Dollar) for its Lynx autonomous intelligent vehicles (AIVs) product. The customer is Techmetics Solutions, an automation solutions provider to the hospitality, food and beverage industry in Southeast Asia. Robot deliveries are scheduled throughout the next 12 months, beginning in June 2015.

"This order is a testament to the advantages Lynx mobile robots provide to customers, boosting transport efficiency, process traceability and lowering operating costs," said Rob Cain, Adept president and CEO. "We are excited to be working with Techmetics as we expand our mobile products into new markets."

Service industry specialist Techmetics creates high-quality, cost-effective automation solutions using technologies to meet clients' needs. Mathan Muthupillai, Techmetics chairman, said, "We are excited to partner with Adept and deploy Lynx-based solutions into the hospitality, food and beverage market, where the robots' onboard intelligence, exceptional navigation, and safety features make them ideal for a host of transportation tasks."

Adept Lynx AIVs provide rapid, traceable material movement in highly dynamic environments. Lynx vehicles intelligently self-navigate, avoiding obstacles and selecting the best path to complete a task. The vehicles work safely alongside people; can be deployed as a fleet to accommodate large operations; and can run in conjunction with the user's existing enterprise management system. Return on investment for a Lynx mobile robot can be as low as one year, depending on the application.

About Adept Technology, Inc. Adept is a global, leading provider of intelligent robots, autonomous mobile robot solutions, and services 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 medical, electronics, food and semiconductor; 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.

CONTACT: Media Contact:

         Ann Keffer
         Adept Technology, Inc.
         925-245-3453
         [email protected]

         -or-

         Tracy Getz
         Getz PR, LLC
         541-928-8996
         [email protected]

         Financial Contact:

         Seth Halio
         Adept Technology, Inc.
         925-245-3400
         [email protected]

Source: Adept Technology, Inc.


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