BNET Industries

Adept Technology Inc.

(ADEP) is in the Manufacturing Industry

Market Cap:$18.7M
Last Fiscal Year Sales:$60.7M
  • Public
  • US
Dow Jones Description

This company knows that machines are more than adept at taking over from humans. Founded in 1983 and headquartered in Livermore, CA, Adept Technology, Inc. (NADAQ-GM: ADEP) is a producer of automation products and services. It offers intelligent automation hardware that assembles, handles and packages products manufactured by the pharmaceutical, food processing and automotive industries. It also offers the V+ programming language used to control robots from personal computers. It had revenue of about $50.5 million in 2005 and employs about 175 people. In March 2006, it released the Adept Viper s1300, the largest addition to the Adept Viper 6-Axis articulated robot family.

Chairman & CEORobert Bucher
Number of Employees 158
Contact Information

3011 Triad Dr

Livermore, California 94551

www.adept.com

(925) 245-3400

NAICS Code Other Commercial and Service Industry Machinery Manufacturing: 333319

Recent Events

  • Adept Technology, Inc. F3Q09 (Qtr End 03/28/09) Earnings Call Transcript

    5/06/09 - Financial Announcement - View Story

  • OneNeck Hosts and Manages Baan Environment for Adept Technology

    2/23/09 - Joint Venture / Alliance - View Story

  • Adept Technology, Inc., F2Q09 (Qtr End 12/27/08) Earnings Call Transcript

    2/05/09 - Financial Announcement - View Story

News & Analysis

adept technology inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Robert Strickland CFO & Vice President, Finance
Barry Dale Vice President, Worldwide Sales
Gordon Deans Vice President & General Manager
Janine Roth Vice President, Marketing & Corp Development
Joachim Melis Vice President, Europe
John Dulchinos Vice President, Robotics
Lee Blake Vice President, Operations
Matthew T. Murphy Vice President, Operations & Prod Development
Dave Rocki Director, Hardware Engineering
Laurie Hicki Director, HR
Paul James Director, Software Engineering
Val Cureton Manager, Marketing Communications
Richard Juelis Director

Board of Directors

Name (plus bio) Position
Robert Bucher Chairman & CEO
A. Richard Juelis Board of Directors
Cary R. Mock Board of Directors
Michael Kelly Board of Directors
Robert J. Majteles Board of Directors
Ron E.F. Codd Board of Directors
Organization Position Status
Adept Technology, Inc. Chairman & CEO Current
Cerebellum Automation Board of Directors Current
Adept Corporation chief executive officer Former
Adept Technology, Inc. Board of Directors Former
Organization Position Status
Adept Technology, Inc. CFO & Vice President, Finance Current
Adept Technology, Inc. Board of Directors Current
Trend Technologies LLC chief financial officer Former
Portola Packaging Inc. chief financial officer Former
Trend Technologies LLC executive vice president Former
Portola Packaging Inc. vice president Former
Organization Position Status
Adept Technology, Inc. Vice President, Worldwide Sales Current
Adept Corporation vice president of worldwide sales Former
Organization Position Status
Adept Technology, Inc. Vice President & General Manager Current
Cerebellum Automation Vice President, Business Development Current
Organization Position Status
Adept Technology, Inc. Vice President, Marketing & Corp Development Current
Adept Corporation Former
AT&T Inc. Former
Organization Position Status
Adept Technology, Inc. Vice President, Europe Current
Cerebellum Automation Vice President, Worldwide Sales Current
Adept Corporation manager Former

John Dulchinos joined Adept in October 1987 as a regional sales engineer, and has held various roles within the organization, including director of OEM business, vice president of North American sales, vice president of worldwide sales, vice president of robotics, and vice president of global sales and marketing. In June 2007 he was promoted to president and chief operating officer. Mr. Dulchinos is an active member of the robotics industry, serving on the Assembly Technology Expo advisory board from 2003 to 2005 and on the board of directors of the Robotics Industry Association from 2003 to 2004. Mr. Dulchinos holds both bachelors and masters degrees in mechanical engineering with a concentration in robotics.

Organization Position Status
Cerebellum Automation President and Chief Operating Officer Current
Adept Technology, Inc. Vice President, Robotics Current
Adept Corporation vice president Former
Adept Corporation Director Former
Resilien Incorporated Director Former
Organization Position Status
Adept Technology, Inc. Vice President, Operations Current
Leeblake.Com Current
Adept Corporation vice president, service operations Former
Telecom Enterprises Inc. Co-Founder Former
Newport Corporation Former
Ohio University Bachelor of Science Degree In Electrical Engineering Former
Organization Position Status
Adept Technology, Inc. Vice President, Operations & Prod Development Current
Adept Corporation vice president of engineering Former
Organization Position Status
Adept Technology, Inc. Director, Hardware Engineering Current
Adept Technology, Inc. Director, Hardware Engineering Former
Organization Position Status
Adept Technology, Inc. Director, HR Current
Adept Technology, Inc. Director, HR Former
Organization Position Status
Adept Technology, Inc. Director, Software Engineering Current
Adept Technology, Inc. Director, Software Engineering Former
Organization Position Status
Adept Technology, Inc. Manager, Marketing Communications Current
Organization Position Status
World Heart Corporation Vice President, Finance and Chief Financial Officer Current
Crosslink Capital Vice President, Finance Current
Adept Technology, Inc. Board of Directors Current
Crosslink Capital Board of Directors Current
Organization Position Status
Adept Technology, Inc. Board of Directors Current
Westinghouse Electric Company LLC Director Former

Michael P. Kelly has served as a director of Adept since April 1997 and as lead independent director of the board of directors since October 2003. On January 26, 2006, Mr. Kelly was elected chairman of the board of directors. Mr. Kelly also serves as the CEO of Kinsale Associates, LLD, a Silicon Valley merchant banking firm. Prior to 2005,...

Organization Position Status
LLD, Inc. CEO Current
Crosslink Capital Independent Director Current
Crosslink Capital Chairman of the Board of Directors, Adept Technology Current
Cerebellum Automation Chairman of the Board of Directors, Adept Technology Current
Epicor Software Corporation Board of Directors Current
Adept Corporation Board of Directors Current
Adept Technology, Inc. Board of Directors Current
Broadview International LLC Senior Managing Director Former
Touche Ross & Co. Partner Former
Granger Associates, Inc. Former
Jefferies LLC Former
Broadview International LLC Vice-Chairman Former
Crosslink Capital Board of Directors Former
Organization Position Status
The Read-Out Instrumentation Signpost Board of Directors Current
Bionovo, Inc. Board of Directors Current
Adept Technology, Inc. Director Current
Cerebellum Automation Board of Directors Current
Vivus, Inc. chief financial officer Former
XOMA Corporation Chief Financial Officer Former
World Heart Corporation Chief Financial Officer Former
World Heart Corporation Vice President, Finance Former
Columbia University MBA Former
Fordham University BS in Chemistry Former

Rob is an experienced chief executive officer of private and public companies and an accomplished technology investor. He was the CEO of CAMAX Systems (acquired by Electronic Data Systems, NYSE: EDS), Ultradata (acquired by John Harland, NYSE: JH), and Citadon. He is the managing partner and founder of Treehouse Capital, an investment firm that blends value and growth investment disciplines to make active investments in later-stage technology companies. Prior to Rob's experience as an investor, he was a merchant banker with Investment Advisors, Inc., where he worked with many of the Coral Team members, and an attorney with Skadden, Arps, Slate, Meagher & Flom.

Organization Position Status
Coral Capital Management Managing Director Current
Treehouse Capital LLC Founder Current
Treehouse Capital LLC Managing Partner Current
University of California, Berkeley Lecturer Current
World Heart Corporation Chair Current
U.S. Auto Parts Network, Inc. Chairman of the Board Current
Cerebellum Automation Board of Directors Current
Merriman Curhan Ford & Co. Director Current
Razorgator, Inc. Board of Directors Current
Pioneer Digital Technologies, Inc Board Member Current
Unify Corporation Board of Directors Current
Crosslink Capital Board of Directors Current
World Heart Corporation Board of Directors Current
Managing Rights Management Board Member Current
Macrovision Corporation Board of Directors Current
Adept Technology, Inc. Board of Directors Current
Jeh Design Board of Directors Current
Big Fix, Inc. Board of Directors Current
Treehouse Capital LLC Managing Member Current
Treehouse Capital LLC Chief Executive Officer Former
Electronic Data Systems Corporation CEO Former
Citadon, Inc. CEO Former
Coral Capital Management Affiliate Director Former
Skadden, Arps, Slate, Meagher & Flom LLP attorney Former
The Technology Company, Inc. Former
Head-Royce Treasurer, Finance Committee Chair Former
Vertical Communications, Inc. Board of Directors Former
Stanford University J.D. Former
Stanford Law School J.D. Former
Stanford University Law Degree Former
Columbia University B.A. Degree In Political Science Former
Stanford University B.A. Former
Stanford University Degree Former

Mr. Codd is Calypso's lead independent director. As the Board's financial expert, Mr. Codd chairs the Audit Committee. Mr. Codd previously served at PeopleSoft, Inc. as CFO, Senior Vice President of Finance and Administration, and Secretary. During his 7-year tenure at PeopleSoft, he marshaled PeopleSoft's successful Initial Public Offering in 1992 and the company grew its annual revenues from $15 million to $1.5 billion. More recently, Mr. Codd was President, CEO and Secretary at spin-out software firm Momentum Business Applications, Inc. which was later repurchased by PeopleSoft. Mr. Codd previously held management roles at MIPS Computer Systems, Inc., Wyse Technology and Tandem Computers, Inc. and currently serves as an independent business consultant. Mr. Codd also serves on the Board of Directors of Agile Software, Interwoven, Adept Technology, and two privately-held technology companies.

Organization Position Status
Calypso Lead Independent Director Current
Calypso Technology, Inc. Lead Independent Director Current
MIPS Technologies, Inc. Current
Tandem Computers Current
Wyse Technology Inc. Current
Agile Software Corporation Board of Directors Current
Adept Technology, Inc. Board of Directors Current
Calypso Technology, Inc. Board of Directors Current
Mediabin Inc Board Member Current
Demandtec, Inc. Board of Directors Current
PeopleSoft, Inc. Chief Financial Officer Former
PeopleSoft, Inc. Senior Vice President, Finance and Administration Former
PeopleSoft, Inc. Secretary Former
University of California, Berkeley B.S. In Business Former

Executive News

  • EarthRenew Names Ron Codd as a Director

    Business Wire - 6/24/09 - View Story

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     ADEP $2.60 -0.22 (-7.80% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 3,560
Shares Outstanding 8.29M
Market Cap 21.6M
Year High 9.5
Year Low 1.65
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
Glass Door

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