NATICK, MA December 13, 2007
Cognex In-Sight Vision Sensors Selected by Chinese Packaging Company
NATICK, MA, December 13, 2007--Cognex Corporation (NASDAQ: CGNX) announced today that it has received two orders totaling nearly $200,000 from a large Chinese manufacturer of cartons and other packaging for the consumer products industry.
The company, based in Shenzhen, China, will use Cognex In-Sight® vision sensors on high-speed packaging lines to inspect cartons and other consumer packaging materials for defects such as bubbles, creases, missing seals, and printing errors.
“This sale is particularly significant for Cognex because it was a key account we took away from an entrenched competitor,” said Dr. Robert Shillman, Cognex Chairman and CEO. “We are starting to gain some traction for our MVSD products in China, especially with machine builders for the packaging industry. We’ve already closed four of the top 10 packaging machine builders in China, and we believe there’s great potential there for more high-volume orders.”
Sr. Manager, Corporate Communications
Telephone: (858) 350-5065
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.