Adept Technology Announces Expansion into Indian Market
July 8, 2008
LIVERMORE, CA - Adept Technology Inc., a provider of intelligent vision-guided robotics and global robotics services, announced its expansion in India for its products and the signing of Menzel Vision and Robotics Pvt. Ltd. of India as an exclusive distributor in western and northern India. India is one of the fastest growing robot markets in Asia where there is a growing demand for high speed, intelligent robotics in many labor-intensive and quality sensitive applications.
Under the terms of the agreement, Menzel Vision and Robotics will be the exclusive distributor in 14 states in western and north India for Adept's complete portfolio of robotics, controls, vision and software products. Menzel Vision and Robotics is an imaging solution provider with over 10 years of experience in the business with factory headquarters located in Mumbai, India.
‘‘We are very excited to partner with Menzel Vision and Robotics. We believe that their experience and knowledge of their region and our latest products like the Adept Quattro s650 robot for high-speed product handling will be a great coupling to expand this emerging market,’‘ said John Dulchinos, president and chief operating officer for Adept Technology Inc.
‘‘We believe that Adept robots and vision guidance will allow our customers to reduce costs and increase productivity,’‘ said Anish Soneja, CEO of Menzel Vision and Robotics. ‘‘We believe that this partnership will benefit multiple industries within India that are looking to improve their manufacturing processes, and add great value to our existing Machine Vision portfolio.’‘