Adept Technology Adds Shanghai Micro Electronics Equipment Co., Ltd. as New Distributor

Places Initial Order for Lynx AIV Products


PLEASANTON, Calif., June 29, 2015 (GLOBE NEWSWIRE) -- Adept Technology, Inc. (Nasdaq:ADEP), a leading provider of intelligent robots, autonomous mobile solutions and services, has added a new distributor in China, Shanghai Micro Electronics Equipment Co., Ltd. (SMEE). SMEE develops and sells advanced semiconductor manufacturing equipment. Concurrent with entering this agreement, SMEE placed its initial order for multiple units of Adept's Lynx autonomous intelligent vehicle (AIV) products to be operated in fleets and delivered over the next six months.

"We are pleased to welcome SMEE as Adept's newest distributor in China," said Rob Cain, president and CEO of Adept. "SMEE brings over a decade of experience delivering high-quality products and services to companies in the region. Particularly well-entrenched in the semiconductor industry, SMEE is an ideal fit for marketing our Lynx mobile robots, a proven solution for increasing transport productivity and efficiency in challenging manufacturing environments."

SMEE will market and support Adept products in China and throughout the Asia region, with a focus on the semiconductor industry, including advanced IC packaging, and LED substrate and chip fabrication. The company will also sell Adept's products to customers in the hospital, medical, warehousing, logistics, general manufacturing, and consumer electronics markets.

About Shanghai Micro Electronics Equipment Co., Ltd.

Founded in 2002, SMEE is dedicated to the research and development, production, marketing and support of optical lithography equipment widely deployed in the semiconductor manufacturing industry, fulfilling the needs and requirements of both front-end and back-end applications, and the fabrication of MEMS, TFT-OLED, LED, and power devices. Since its inception, SMEE nurtures a companywide culture of excellence and strives to deliver high-quality products and dedicated professional services to all of its customers. For more information about SMEE, see http://www.smee.com.cn/.

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.


            

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