News

FOR IMMEDIATE RELEASE

NATICK, MA 5월 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

Cognex Corporation 소개

Cognex Corporation은 시각 정보를 기초로 의사 결정을 내리는 인간과 동일한 능력을 부여하는 인공지능(AI)을 모두 이용하는 다양한 이미지 기반 제품을 설계, 개발, 생산, 마케팅합니다. 코그넥스 제품에는 전세계 공장과 유통 센터에서 생산 및 배송 오류를 제거하기 위해 사용되는 머신 비전 시스템, 머신 비전 센서, 바코드 리더기 등이 포함됩니다.

코그넥스는 머신 비전 분야의 세계 선도기업으로, 1981년 설립 이후 200만대 이상의 비전 기반 제품을 출하했으며, 60억 달러 이상의 누적 매출을 달성했습니다. 코그넥스는 미국 메사추세츠 네이틱에 본사를 두고 있으며, 미국, 유럽, 아시아 전역에 걸쳐 지사 및 대리점을 보유하고 있습니다. www.cognex.com을 방문하여 온라인에서 코그넥스를 만나 보십시오

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