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NATICK, MA, USA September 08, 2009

Cognex Receives Settlement in Patent Dispute

Natick, MA. September 8, 2009--Cognex Corporation (NASDAQ: CGNX) has accepted a settlement offer from Multitest Elektronische Systeme GmbH and its U.S. subsidiary in a dispute concerning Multitest’s importation and sale of equipment containing MVTec HALCON™ machine vision software. Terms of the settlement between the parties were not made public.

Cognex has alleged in complaints filed with the U.S. International Trade Commission (ITC) and in federal court in Massachusetts that HALCON software, marketed by MVTec Software GmbH, infringes at least three Cognex machine vision patents. In addition to Multitest, the ITC is investigating 20 other companies for violating Cognex patents by selling, importing and using MVTec products that contain machine vision technology invented and patented by Cognex.

The current settlement agreement releases Multitest from the ITC investigation. Multitest is not a party to the federal court lawsuit.

"Cognex is pleased with Multitest's decision to resolve this dispute in a rational and business-like way, and we look forward to working with Multitest to integrate Cognex software in its products in the future," said Dr. Robert J. Shillman, Chairman and CEO of Cognex.  "Cognex has invested over $100 million in R?D to develop our leading-edge technology, and on behalf of our shareholders who made that investment, and on behalf of our customers who pay to use our proprietary technology, we will continue to take a very strong stand to protect our patents whenever we discover infringement."

Robin Pratt
Sr. Manager, Corporate Communications
Cognex Corporation
phone: (858) 350-5065
email: robin.pratt@cognex.com

About Cognex

Cognex Corporation designs, develops, manufactures, and markets a range of products that incorporate sophisticated machine vision technology that gives them the ability to “see.” Cognex products include barcode readers, machine vision sensors, and machine vision systems that are used in factories, warehouses, and distribution centers around the world to guide, gauge, inspect, identify, and assure the quality of items during the manufacturing and distribution process.

Cognex is the world's leader in the machine vision industry, having shipped more than 1 million vision-based products, representing over $4 billion in cumulative revenue, since the company's founding in 1981. Headquartered in Natick, Massachusetts, USA, Cognex has regional offices and distributors located throughout the Americas, Europe, and Asia. For details visit Cognex online at http://www.cognex.com.

Cognex, PatMax and In-Sight and EasyBuilder are registered trademarks and PatMax RedLine and In-Sight Explorer are trademarks of Cognex Corporation. All other trademarks are the property of their respective owners.


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