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FOR IMMEDIATE RELEASE

NATICK, MA, USA April 17, 2008

Cognex Declares Cash Dividend for Q1 2008

NATICK, MA, April 17, 2008 — Cognex Corporation (NASDAQ: CGNX) announced today that the company’s Board of Directors declared a quarterly cash dividend of $0.085 per share. This dividend is payable on June 13, 2008, to all shareholders of record at the close of business on May 30, 2008. This is Cognex’s twentieth consecutive quarterly cash dividend.

Forward-Looking Statement

Certain statements made in this press release, which do not relate solely to historical matters, are forward-looking statements. These statements can be identified by use of the words “expects,” “anticipates,” ”estimates,” “believes,” “projects,” “intends,” “plans,” “will,” “may,” “shall” and similar words. These forward-looking statements, which include statements regarding business and market trends, the company’s product development and sales efforts, revenue growth and the company’s financial outlook, involve known and unknown risks and uncertainties that could cause actual results to differ materially from those projected. Such risks and uncertainties include: (1) economic conditions that impact the capital spending trends of manufacturers in a variety of industries; (2) the cyclicality of the semiconductor and electronics industries; (3) the inability to achieve significant international revenue; (4) fluctuations in foreign exchange rates; (5) the loss of, or a significant curtailment of purchases by, any one or more principal customers; (6) the reliance upon certain sole-source suppliers of critical components; (7) the inability to attract and retain skilled employees; (8) the inability to design and manufacture high-quality products; (9) the technological obsolescence of current products and the inability to develop new products; (10) the failure to effectively manage product transitions or accurately forecast customer demand; (11) the failure to properly manage the distribution of products and services; (12) the inability to protect Cognex proprietary technology and intellectual property; (13) the company’s involvement in time-consuming and costly litigation; (14) the impact of competitive pressures; (15) the challenges in integrating acquired businesses and achieving expected results; (16) exposure to additional tax liabilities; and (17) the other risks detailed in the company’s reports filed with the SEC, including the company’s Form 10-K for the fiscal year 2007. You should not place undue reliance upon any such forward-looking statements, which speak only as of the date made. Cognex disclaims any obligation to update forward-looking statements after the date of such statements.

 

CONTACT:
Susan Conway
Director of Investor Relations
Cognex Corporation
Telephone: (508) 650-3353
Email: susan.conway@cognex.com

Über Cognex Corporation

Cognex Corporation entwirft, entwickelt, fertigt und vermarktet unterschiedlichste bildbasierte Produkte, die alle mit Techniken der künstlichen Intelligenz (KI) ausgestattet sind und so über menschenähnliche Fähigkeiten verfügen, so dass sie Entscheidungen anhand dessen treffen können, was sie sehen. Zu den Produkten von Cognex gehören industrielle Bildverarbeitungssysteme, -sensoren und Barcode-Lesegeräte, die weltweit in Betrieben und Verteilzentren verwendet werden, wo sie Herstellungs- und Versandfehler verhindern.

Cognex ist der weltweit führende Anbieter von industriellen Bildverarbeitungssystemen mit bereits über 2 Millionen ausgelieferten bildbasierten Geräten, die einem kumulierten Umsatz von über 7 Mrd. USD seit Gründung des Unternehmens im Jahre 1981 entsprechen. Neben dem Sitz in Natick (Massachusetts, USA) verfügt Cognex in Nord- und Südamerika, Europa und Asien über regionale Zweigstellen und Vertragshändler. Für nähere Infos besuchen Sie Cognex online auf www.cognex.com.

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