Actualités

FOR IMMEDIATE RELEASE

NATICK, MA mai 31, 2007

Cognex Names Two New Board Members

NATICK, MA, May 31, 2007--Cognex Corporation (NASDAQ: CGNX), the world's leading supplier of machine vision sensors and systems, announced today that Theodor Krantz and Edward J. Smith have joined the company's Board of Directors. Mr. Krantz and Mr. Smith have also accepted appointments to the company's audit committee, which will be chaired by Mr. Krantz. And, Mr. Smith has been appointed chairman of the company's nominating and governance committee.

Theodor Krantz is President of Airmar Technology Inc., a world leader in ultrasonic sensors for the marine and industrial markets. From 1984 to 1999 he served as President, and later CEO, of Velcro Industries. Under his leadership Velcro achieved a four-fold growth in sales, expanded its business through acquisitions in China, Europe and Latin America, and penetrated the automotive industry, which became a significant market for the company. He also serves as a director and member of the audit committee at Hitchiner Manufacturing Company and at Control Air, Inc. Mr. Krantz holds a B.A. from Princeton University, and an M.B.A. from Harvard University.

Edward J. Smith is President of Barnegat Bay Capital, a consulting and independent investment banking firm. Prior to founding Barnegat Bay Capital in 2001, he spent 30 years as an investment banker, focusing primarily on technology companies, at Prudential Securities, Merrill Lynch, Shearson Lehman Brothers and Kidder Peabody. During his investment banking career he managed over 250 equity and debt transactions and completed more than 40 M&A assignments. Mr. Smith is a director of ATS Corporation, where he chairs the audit committee and is a member of the compensation committee. He has also served as a director and member of the audit committee at Global Imaging Systems Inc. (acquired by Xerox in May 2007), and at Fargo Electronics, Inc. (acquired by Assa Abloy in May 2006). Mr. Smith is a lecturer at Yale University, where he teaches a course called "The Corporate Board of Directors." He holds a B.A. from Yale University, and an M.B.A. from Harvard University.

"We are very pleased to have attracted two executives of such high caliber to our Board of Directors," said Dr. Robert J. Shillman, Cognex's Chairman and CEO. "Both of these new board members bring skills and experience that will greatly help Cognex meet the challenges that lie ahead."

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

Media Relations Contact:
Robin Pratt
Sr. Manager, Corporate Communications
Telephone: (858) 350-5065
Email: robin.pratt@cognex.com 

À propos de Cognex Corporation

Cognex Corporation conçoit, développe, fabrique et commercialise une large gamme de produits de vision, qui utilisent tous des techniques d'intelligence artificielle leur permettant de prendre des décisions sur ce qu'ils voient, comme les êtres humains. La gamme de produits Cognex inclut des systèmes de vision industrielle, des capteurs de vision industrielle et des lecteurs de codes-barres, utilisés par des usines et des centres de distribution à travers le monde pour éliminer les erreurs de production et d'expédition.

Leader mondial de la vision industrielle, Cognex a livré plus de 2 millions de produits de vision, équivalant à plus de 7 milliards de dollars de revenu accumulé, depuis la création de la société en 1981. Outre son siège à Natick, Massachusetts, États-Unis, Cognex possède des bureaux et des distributeurs en Amérique, en Europe et en Asie. Pour plus d'informations, consultez le site Web de Cognex www.cognex.com.

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