Adept Technology Appoints Glenn Hewson as Senior Vice President of Global Marketing
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http://pdf.reuters.com/htmlnews/8knews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20130306:nGNXUXHQPa PLEASANTON, Calif., March 6, 2013 (GLOBE NEWSWIRE) -- Adept Technology, Inc. (Nasdaq:ADEP), a leading provider of intelligent robots and autonomous mobile solutions and services, today announced that Glenn Hewson has been named its senior vice president of global marketing. He will lead the company's product management, product marketing and marketing teams on a world wide basis. As a seasoned technology industry executive, Hewson brings more than 25 years of product line and marketing experience as well as a track record of building high-performance teams to Adept. Most recently he served as vice president of global marketing for Avure Technologies where he reinvigorated the marketing process, introduced new products that became significant revenue contributors and partnered with the sales team to grow operations worldwide. He has a strong foundation from IBM and previous to Avure, served in leadership roles at several Gores Group portfolio companies. "Glenn's unique blend of managing product strategy through the growth curve with organizations ranging from mid-tier to large enterprise will be invaluable to Adept as we reinvigorate our product lines and continue to expand our business into key vertical markets," said Rob Cain, president and chief executive officer. "Glenn is an excellent fit with our leadership team and has been acting in a advisory capacity at Adept since November. We are pleased to welcome him officially to our executive staff." "I'm very pleased to be joining the Adept organization," stated Hewson. "Adept has a strong history of both product and thought-leadership in robotics. I look forward to helping to increase our market share through the development and launch of innovative products and services that will add value to our customers." 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 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 http://www.globenewswire.com/newsroom/ctr?d=10022877&l=7&a=www.adept.com&u=http%3A%2F%2Fwww.adept.com . All trade names are either trademarks or registered trademarks of their respective holders. The Adept Technology logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5387 http://www.globenewswire.com/newsroom/ctr?d=10024186&l=8&u=http%3A%2F%2Fwww.globenewswire.com%2Fnewsroom%2Fprs%2F%3Fpkgid%3D5387 Forward-Looking Statements This press release contains forward-looking statements including, without limitation, statements about our expectations for revenues and cash flow, market share and product development 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 sections entitled Management's Discussion and Analysis of Financial Condition and Results of Operations and Risk Factors. CONTACT: Press and Industry Analysts: Glenn Hewson Adept Technology, Inc. 858 699 3909 (voice) 925 960 0452 (fax) email@example.com Financial Analysts: Michael Schradle, Chief Financial Officer Adept Technology, Inc. 925 245 3400 (voice) Fax: 925 245 3510 (fax) firstname.lastname@example.org