Adept OEMs in Japan

SAN JOSE, Calif. -- Adept Technology, Inc. (Nasdaq:ADTK), a leading manufacturer of flexible automation for the fiber optic, telecommunications and semiconductor industries, today announced a strategic OEM agreement with Shibuya Kyogo of Japan. The agreement enables the companies to partner to develop new high-precision photonic assembly solutions based on their combined expertise and automation technologies. "We are extremely pleased to team with Shibuya," said Brian Carlisle, chief executive officer for Adept Technology. "Shibuya's high-precision bonding and automation technology coupled with our innovative photonics assembly mechanisms and platforms will yield extremely flexible and cost-effective solutions for our customers worldwide." "After years of experience with similar motion control and vision products from a variety of suppliers, we reached the conclusion that Adept Technology offers us the broadest range of capabilities, supporting our ongoing commitment to provide first class equipment," said Hirotoshi Shibuya, president and chief executive officer of Shibuya Kogyo Co., Ltd.Adept Technology Inc.