Adept Technology to Announce Q2 Financials

Adept Technology Inc, a provider of intelligent vision-guided robotics and autonomous mobile solutions, announced it will hold a conference call to discuss fiscal 2011 second quarter financial results. The call will be hosted by John Dulchinos, chief executive officer and Lisa Cummins, vice president and chief financial officer.

Adept has received more than $600,000 in bookings from Golden Spring Internet of Things over the past two quarters, which are expected to be fully shipped and recognized as revenue by the end of the third fiscal quarter of 2011. The Beijing-based company, which went public in China in early October 2010, placed orders for Adept’s high-performance Python linear modules robots.

Adept’s robots are designed into multiple models of Golden Spring’s fully automated RFID manufacturing equipment, including smart label flip-chip bonders, welding machines, high-precision pick-and-place machines, and high-throughput implanters/embedders. Golden Spring’s equipment has been deployed throughout China for applications including the Chinese National ID card and driver license program.

Conference Call Information

Time: Wednesday, February 2, 2011 at 2:00 pm PT (5:00 pm ET).

Dial-in: To access the live conference call, dial 877-941-7133 begin_of_the_skype_highlighting   877-941-7133 end_of_the_skype_highlighting. International callers can dial 480-629-9821 begin_of_the_skype_highlighting   480-629-9821 end_of_the_skype_highlighting.

Webcast: The live webcast may be accessed through the investor relations section of the Adept Technology website at

Adept provides specialized, cost-effective robotics systems and services to high-growth markets including Packaging, Medical, Disk Drive/Electronics and Solar; as well as to traditional industrial markets including machine tool automation and automotive components.


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