FOR IMMEDIATE RELEASE

NATICK, MA, USA janvier 17, 2008

Cognex Corporation Appoints New President of Japanese Subsidiary Former CEO of Komatsu Electronics to head Cognex K.K.

NATICK, MA, January 17, 2008--Cognex Corporation (NASDAQ: CGNX) announced today that Dr. Makoto Inoue has joined Cognex as President of Cognex K.K., the company’s Japanese subsidiary.  Dr. Inoue, who started in the position on January 15, will report to Eric Ceyrolle, Cognex’s Executive Vice President of Worldwide Sales and Marketing. 

As President of Cognex K.K., Dr. Inoue will be responsible for the sales, marketing, engineering and technical support of Cognex machine vision products in Japan, and will oversee five offices and more than 100 Cognex employees.  He takes over leadership of Cognex K.K. from Hiro Ohgusu, who joined Cognex in 1990, and who will continue to assist Cognex K. K. as a member of its Board of Directors. 

Dr. Inoue joins Cognex after a career of more than 30 years with Komatsu, Ltd., a leading worldwide manufacturer of industrial machinery and equipment with combined revenues in excess of $16 billion.  Most recently he served as CEO and President of Komatsu Electronics, Inc., a maker of temperature control systems for the semiconductor industry, where he increased revenue from $50 million to a high of $135 million.  Prior to that he served as General Manager of Komatsu Ltd.’s Electronics Division, a $238 million equipment and controls business whose product line included machine vision.  In 2000, that machine vision business was purchased by Cognex, and Dr. Inoue joined the Board of Directors of Cognex K.K.  Dr. Inoue holds both a bachelor’s and a master’s degree in engineering from Tokyo University, and a Ph.D. in engineering from Cambridge University.
“Dr. Inoue is a superb choice for leading Cognex K. K. and for driving revenue growth in Japan,” said Dr. Robert J. Shillman, Chairman and CEO of Cognex.  “He is a seasoned executive with a strong record of success in the markets that we serve, and, in addition, because he has been a member of the Board of Directors of Cognex K. K. for the past seven years, he is up-to-speed on both the inner workings of our company as well as on the technology, markets and opportunities for machine vision.”

“I am very excited to accept this new position,” said Dr. Inoue.  “Opportunities for machine vision in Japan among automotive, electronics and other manufacturers are growing significantly, as companies work to increase production efficiency and improve their competitive position.  Machine vision is a key enabler for achieving production improvements, and, as the leading worldwide provider of machine vision, Cognex is in the best position to capitalize on this growing need.”

In closing, Dr. Shillman commented, “We are very grateful to Hiro Ohgusu for his many years of dedicated service to Cognex during which he successfully grew and managed our Japanese organization, which contributed very substantially to Cognex’s success.  We look forward to his continued assistance as a member of the Board of Directors of Cognex K. K.”

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

À propos de Cognex Corporation

Cognex Corporation (aussi appelée « l’Entreprise » ou « Cognex ») invente et commercialise des technologies conçues pour relever certains des défis majeurs en matière de fabrication et de distribution. Nous sommes l’un des principaux fournisseurs de produits et de solutions de vision industrielle dans le monde. Notre objectif est d’améliorer l’efficacité et la qualité des activités à fort potentiel de croissance sur des marchés finaux industriels attrayants. Nos solutions combinent du matériel et des logiciels pour saisir et analyser des informations visuelles, permettant ainsi d’automatiser les tâches de fabrication et de distribution pour des clients du monde entier. Les produits de vision industrielle sont utilisés pour automatiser la fabrication ou la distribution et le suivi d’articles distincts, tels que les téléphones portables, les batteries de véhicules électriques et les colis d’e-commerce. Pour cela, ils doivent être localisés, identifiés, inspectés et mesurés. La vision industrielle est importante pour les applications dans lesquelles la vision humaine n’est pas suffisante pour répondre aux exigences de taille, de précision ou de vitesse, ou dans les cas où des économies substantielles ou des améliorations de la qualité sont maintenues.

Leader mondial de la vision industrielle, Cognex a livré plus de 4 millions de produits de vision industrielle, équivalant à plus de 10 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.

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

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