People: Adept Technology Inc (ADEP.OQ)

ADEP.OQ on NASDAQ Stock Exchange Global Market

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Summary

Name Age Since Current Position

Michael Kelly

64 2008 Independent Chairman of the Board

Rob Cain

47 2013 President, Chief Executive Officer

Michael Schradle

67 2012 Chief Financial Officer, Senior Vice President - Finance, Secretary

Benjamin Burditt

54 2011 Independent Director

Martin Hale

40 2012 Independent Director

A. Richard Juelis

64 2005 Independent Director

Herbert Martin

71 2006 Independent Director

Robert Richardson

66 2011 Independent Director

Biographies

Name Description

Michael Kelly

Mr. Michael P. Kelly serves as Independent Chairman of the Board of Adept Technology, Inc., since November 2008. He has served as a director of Adept since April 1997 and has served as Chairman of the Board since November 2008. From October 2003 to January 2006 and again from September 2008 to November 2008, he served as Lead Independent Director of the Board of Directors. Since October 2005, Mr. Kelly has served as Chief Executive Officer of Kinsale Associates, Inc., a merchant bank. From July 2005 to October 2005, Mr. Kelly served as Chief Executive Officer of Cape Semiconductor Inc., a fabless semiconductor company. Prior to that, from 1994 to 2005, Mr. Kelly was Vice-Chairman and Senior Managing Director of Broadview International, LLC, an international merger and acquisitions advisory firm and a division of Jefferies Inc. From September 2005 until its acquisition in June 2011, Mr. Kelly also served as a director of Epicor Software Corporation, a provider of enterprise business software solutions. He currently serves on the boards of two private companies. Mr. Kelly received a B.A. in Accounting from Western Illinois University and an M.B.A. from St. Louis University. Mr. Kelly is a Certified Public Accountant.

Rob Cain

Mr. Rob Cain is appointed as the President, Chief Executive Officer of Adept Technology, Inc. Mr. Cain has over 25 years of experience working with high tech companies and capital equipment OEM / service providers, including serving as Chief Operating Officer of Telanetix, Inc. (OTC: BB), a provider of SaaS based telephony solutions, since February 2010. Telanetix announced the definitive agreement for its sale to Intermedia in January 2013. He has also been an operating partner of Hale Capital Partners L.P. since March 2010 and in that capacity has provided consulting services to Adept. Mr. Cain previously served as the Senior Vice President of Operations for Avure Technologies, a provider of high pressure technology to industrial and consumer products industries, from 2006 to 2010. From 2004 to 2005, Mr. Cain managed operations for ECCO Corporation, a supplier of emergency warning products for commercial vehicles.

Michael Schradle

Mr. Michael W. Schradle is appointed as the Chief Financial Officer, Senior Vice President - Finance, Secretary of Adept Technology, Inc. He has over 20 years of experience as the chief financial officer of publicly-traded and privately-held technology companies. From 2009 to 2012, he served as chief financial officer of Liquid Robotics, Inc., a developer of robotic oceanic vehicles. Prior to this, Mr. Schradle was chief financial officer of Photon Dynamics, a public company supplying LCD TV test equipment, from 2006 to 2008. He previously served as chief financial officer and vice president of manufacturing and product engineering for Micro Linear Incorporated, a publicly traded wireless semiconductor company. Mr. Schradle holds a B.S. in physics from Stanford University, a M.S. in engineering from UCLA, and an MBA from the UCLA Anderson School of Management.

Benjamin Burditt

Mr. Benjamin A. Burditt serves as Independent Director of Adept Technology, Inc., since August 29, 2011. Since January 2011, he has served as a Managing Partner of Princeton Strategic Advisors LLC, a management consulting firm. From mid-2004 to December 2010, Mr. Burditt served as Partner for Special Situations Fund, where he invested in microcap stocks across several industry sectors including technology and health care. Previously, he co-founded Scripps Venture LLC and served as its Senior Vice President, where he invested in early stage companies and served on the boards of several portfolio companies. Prior to this, Mr. Burditt served as a Senior Vice President of United Media, where he oversaw a comprehensive restructuring of the organization. Previously Mr. Burditt served as a Senior Engagement Manager at McKinsey & Company, Inc. where he worked with senior management teams of multinational companies on strategic, operational and organizational issues. Prior to this, Mr. Burditt was an Associate at Prudential-Bache Securities. Since August 2011, Mr. Burditt also has served as a director of Intermap Technologies Corp. and since 2010 he has served on the board of Pardee Resources. Mr. Burditt holds a B.A. from Middlebury College and an M.B.A. from Yale University.

Martin Hale

Mr. Martin M. Hale, Jr., serves as Independent Director of Adept Technology, Inc., effective September 18, 2012. Since 2007, he has served as founder, Chief Executive Officer of Hale Capital Partners, L.P., an investment firm that applies a private equity skill set and focus to investing in small and micro-cap public companies. He has 15 years of experience in venture capital and private equity helping public and private companies grow as a board member and investor. Before joining Hale Capital Investors, Mr. Hale was a Managing Director and member of the founding team of Pequot Ventures d/b/a FirstMark Capital, which he joined in 1997. He served as a member of its Investment and Operating Committees from 2002 to 2007. Prior to joining Pequot Ventures, Mr. Hale was an associate with Geocapital Partners, an early stage venture capital firm. Prior to joining Geocapital Partners, Mr. Hale was an analyst in information technology M&A at Broadview International. Mr. Hale currently serves as the chairman of the board of directors of Telanetix, Inc. and as a board member of United Silver Corp. Within the past five years, Mr. Hale has also served on the board of directors of Paradigm Holdings Inc. prior to its sale to CACI. Other historical board roles have included Flarion Corporation (sold to Qualcomm), Celiant Corporation (sold to Andrew Corporation), Analex Corporation (public company, sold to QinetiQ UK), Vallent Corporation (sold to IBM Corporation) and Aurora Flight Sciences. Mr. Hale graduated from Yale University with a B.A. cum laude with distinction.

A. Richard Juelis

Mr. A. Richard Juelis is Independent Director of Adept Technology, Inc., since November 2005. Since December 2008, he has been a Partner at Tatum, a financial and executive services consulting firm and a division of Randstad Holding NV. From September 2007 to November 2008, Mr. Juelis was a technology industry consultant. From June 2005 through August 2007, he served as Chief Financial Officer of World Heart Corporation, a publicly-traded medical device company. Prior to this, he served as Chief Financial Officer for three publicly-traded biotechnology companies, and held both domestic and international finance and general management positions with two pharmaceutical companies. From June 2007 to June 2008, Mr. Juelis served on the board of directors of BioNovo, Inc., a drug discovery company and is currently on the Finance Committee of El Camino Hospital, a non-profit hospital system in Silicon Valley. He holds a B.S. in Chemistry from Fordham University, an M.B.A. from Columbia University and is a Certified Management Accountant (CMA).

Herbert Martin

Mr. Herbert J. Martin is an Independent Director of Adept Technology, Inc., since May 2006. Currently, Mr. Martin serves as a consultant to Ibex Technology Group, a privately-held IT analytics company. From March 2006 to November 2008, he served as Chief Executive Officer and Director of D-Wave Systems, a private firm engaged in the development of quantum computing systems. From September 2003 to February 2006, Mr. Martin was a management consultant to the technology industry. From October 2000 to September 2003 he served as Chief Executive Officer of Salira Optical Network Systems, a supplier of broadband access systems. Mr. Martin holds a B.S. in Electronic Engineering from Liverpool College of Technology and an M.B.A. from Santa Clara University.

Robert Richardson

Mr. Robert J. Richardson is an Independent Director of Adept Technology Inc. Mr. Richardson brings over 35 years of experience in growing technology companies, which Since January 2000, Mr. Richardson has served as a consultant to the semiconductor industry. From November 1997 to January 2000, Mr. Richardson served as Chairman and Chief Executive Officer of Unitrode Corporation, a publicly traded semiconductor company, until its acquisition by Texas Instruments, Inc. From June 1992 to November 1997, he served in various positions at Silicon Valley Group, Inc., including President of SVG Lithography Systems (formerly Perkin-Elmer), President of Track Systems Division and Corporate Vice President of New Business Development and Marketing. From October 1988 to June 1992, Mr. Richardson served as President and General Manager, Santa Cruz Division at Plantronics, Inc., a manufacturer of communications equipment. From February 2003 until its acquisition by Raytheon Company in April 2011, Mr. Richardson served as a director of Applied Signal Technology Inc. Since March 2000, he has served as a director of Genus Inc., a manufacturer of critical deposition processing products for the global semiconductor industry and the data storage industry, and as a Trustee of Southern New Hampshire Medical Center. Currently he also serves on the board of directors of several private technology companies. Mr. Richardson holds a bachelor’s degree in computer design from St. Louis University and an M.B.A. from Southern Illinois University.

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