Adept Partners with LMI to Extend Machine Vision Technology

Adept Technology, Inc. (NASDAQ:ADEP), the leading provider of intelligent vision-guided robotics and global robotics services, announced that they have signed a licensing agreement with LMI Technologies Inc., a global provider of Vision Sensor technology. Under the terms of the agreement, Adept will provide LMI with a license to Adept HexSight(R) software and trademark. LMI will market and support HexSight products on a world-wide basis in addition to development of new products. Adept will gain access to LMI’s enhanced state-of-the-art technology, allowing the company to maintain their award winning vision guidance products.

“LMI has established itself as a leader in the vision inspection business with immediate access to a broad base of customers and markets,” said Robert Bucher, CEO, Adept Technology, Inc. “Combining Adept’s innovative HexSight software and LMI’s applications experience will provide a unique and powerful solution for these customers.”

“The Hexsight software portfolio is in perfect alignment with LMI’s long term objectives by expanding our innovative engineering and vision technology,” states Leonard Metcalfe, Chairman & CEO, LMI Technologies Inc. “In addition to other developments we look forward to extending HexSight’s world renowned pattern matching technology onto our embedded platforms.

About LMI Technologies Inc.
LMI Technologies Inc. specializes in the engineering of simple-to-complex vision sensor technology. Since 1976, LMI has designed and manufactured optical sensors for improved quality and productivity in thousands of industrial automated vision applications and continues to add to its portfolio of over 100 vision application patents. OEM inquiries are always welcome.

About Adept Technology
Adept is a global, leading provider of intelligent robotics systems and services that enable customers to achieve precision, speed, quality and productivity in their assembly, handling, packaging, testing and other automated processes. With a comprehensive portfolio of high-performance motion controllers, application development software, vision-guidance technology and high-reliability robot mechanisms, Adept provides specialized, cost-effective robotics systems and services to high-growth markets including Packaged Goods, Life Sciences, Disk Drive/Electronics and Semiconductor; as well as to traditional industrial markets including machine tool automation and automotive components.