FOR IMMEDIATE RELEASE

NATICK, MA, USA December 02, 2009

Cognex Enters Supply Agreement with German Automaker

NATICK, MA—December 2, 2009—Cognex Corporation (NASDAQ: CGNX) announced today that it has signed a supply agreement with the German automaker BMW AG. Under the terms of the multi-year agreement, Cognex will supply DataMan® handheld and In-Sight® fixed-mount ID readers to BMW manufacturing plants worldwide. In addition, Cognex will provide ongoing technical support to BMW personnel.

The Cognex ID readers will be used to read codes marked directly on engine parts and gear assemblies as they go through production. Reading codes that are marked directly on parts at multiple stages during production enables manufacturers to verify that the parts have been processed correctly at each stage and creates a traceable path for each part throughout the entire production process and supply chain.

“German automobiles are known around the world for excellent engineering, performance and for their extremely high standard of quality,” said Dr. Robert J. Shillman, Chairman and CEO of Cognex. “Today, Cognex ID readers are a critical part of the process control systems that enable these companies to error-proof production and continue to meet customers’ ever-increasing quality expectations.” 

Award-winning DataMan and In-Sight image-based ID readers provide high-reliability reading of 1D and 2D codes in a wide range of applications, from the easiest-to-read high contrast codes that are printed on labels to the most difficult codes that are directly marked on metal, glass, ceramic, and plastic parts.

Read more about ID readers from Cognex at www.cognex.com/id

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

 

 

About Cognex Corporation

Cognex Corporation (“the Company” or “Cognex”) invents and commercializes technologies that address some of the most critical manufacturing and distribution challenges. We are a leading global provider of machine vision products and solutions that improve efficiency and quality in high-growth-potential businesses across attractive industrial end markets. Our solutions blend physical products and software to capture and analyze visual information, allowing for the automation of manufacturing and distribution tasks for customers worldwide. Machine vision products are used to automate the manufacturing or distribution and tracking of discrete items, such as mobile phones, electric vehicle batteries and e-commerce packages, by locating, identifying, inspecting, and measuring them. Machine vision is important for applications in which human vision is inadequate to meet requirements for size, accuracy, or speed, or in instances where substantial cost savings or quality improvements are maintained.

Cognex is the world's leader in the machine vision industry, having shipped more than 4 million image-based products, representing over $10 billion in cumulative revenue, since the company's founding in 1981. Headquartered in Natick, Massachusetts, USA, Cognex has offices and distributors located throughout the Americas, Europe, and Asia. For details, visit Cognex online at www.cognex.com.

Contact:
Nathan McCurren
Head of Investor Relations
Cognex Corporation
ir@cognex.com

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