Adept intends to use the net proceeds from this sale of shares for general corporate purposes, including funding growth of its mobile and packaging business, and the possible reduction of its debt.
This announcement is neither an offer to sell nor a solicitation of an offer to buy the shares.
Adept is a global, leading provider of intelligent robots and autonomous mobile 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 Packaging, Medical, Disk Drive/Electronics and Solar; as well as to traditional industrial markets including machine tool automation and automotive components.
All trade names are either trademarks or registered trademarks of their respective holders.
For a discussion of risk factors relating to Adept's business, see Adept's
Lisa CumminsChief Financial Officer 925-245-3400 Investor.email@example.com Bonnie McBrideAvalon IR 415-454-8898 firstname.lastname@example.org
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