Adept Technology Appoints Sam Rawas as General Manager, Packaging Solutions Business Unit
PLEASANTON, Calif., Oct. 25, 2012 (GLOBE NEWSWIRE) -- Adept Technology, Inc. (Nasdaq:ADEP), a leading provider of intelligent robots and autonomous mobile solutions, announces the appointment of Sam Rawas to the new position of General Manager, Packaging Solutions Business Unit. Rawas is responsible for planning and managing all aspects of Adept's new Packaging Solutions Business Unit, which is focused on providing customers with packaging automation cells that are built upon Adept's intelligent robotic products.
Adept's Packaging Solutions Business Unit is tasked with an important initiative at Adept – delivering standard, pre-engineered cells that perform specific packaging tasks. The group's first product, ClamPAC™, which gently packs clamshells into cases at high speeds, is being introduced at Pack Expo.
"By developing standardized, fully-integrated solutions that can be dropped into any packaging line, Adept's Packaging Solutions Business Unit is providing new value to its customers. Customers who have installed our first product, ClamPAC, have raved about its ease of deployment and ease of use along with its gentle handling and reliability," said John Boutsikaris, Senior Vice President of Sales and Marketing at Adept. "This new business unit is poised for growth, and Sam is ideally qualified to take the lead. He has the skills and experience to build on our success."
Rawas brings 18 years of leadership experience with international, technology companies to his position at Adept. Most recently, he was a Senior Consultant with Space Exploration Technologies. Previously, he was Vice President & Business Manager at SL RASCH GmbH and prior to that, he was Director – Automation Business Unit, Americas at Convenience Food Systems. He holds a bachelor's degree in mechanical engineering from the University of Texas and an advanced engineering degree in automation from Germany.
"Adept's Packaging Solutions Business Unit has a very compelling value proposition. The group's focus is on reducing integration complexity and deployment time while providing the flexibility, gentle handling and speed of a world-class robotic solution," said Sam Rawas. "I am excited to help Adept develop new packaging automation cells and bring these integrated solutions to customers worldwide."
About Adept Technology, Inc.
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. More information is available at http://www.adept.com.
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This press release contains forward-looking statements including, without limitation, statements about our expectations for revenues and cash flow and opportunities in our core markets and potential new markets. Such statements are based on current expectations and projections about the Company's business. These statements are not guarantees of future performance and involve numerous risks and uncertainties that are difficult to predict. The Company's actual results could differ materially from those expressed in forward-looking statements for a variety of reasons. For a discussion of these risk factors relating to Adept's business, see Adept's SEC filings, including the Company's annual report on Form 10-K for the fiscal year ended June 30, 2012, which includes the discussion in Management's Discussion and Analysis of Financial Condition and Results of Operations and Risk Factors.
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