Adept Technology Inc was incorporated in California in 1983 and reincorporated in Delaware in 2005. The Company is a robotics-based automation supplier. Through its integrated offerings of both industrial and mobile robots it helps its customers to improve the speed, quality and efficiency of their production environments. The Company designs and manufactures industrial and mobile robots along with complementary suite of control and vision systems and software which are used for assembly, packaging, handling and logistics applications. These products are offered to its customers along with various service and support options. In addition, the Company provides a full complement of robotics services and support for its customers. Through sales to systems integrators, OEM partners and end-user companies, it sells its robotics systems and services into a few broad industries. The Company operates in two segments namely Robotics and Services and Support. The Company operates in two segments namely Robotics and Services and Support. The robots are classified into two categories namely, Industrial Robots (multi-axis) and Mobile Robots (autonomous vehicles). The industrial robots the supply are SCARA/four axis (Selective Compliance Assembly Robot Arm, Articulated/six axis, Quattro/parallel and Linear module/Cartesian. The Company supplies mobile robots namely Autonomous indoor vehicles, Autonomous outdoor vehicles and Autonomous material transfer solutions. The market for robotics-based automation is growing more competitive every year and the Company competes against a number of global companies. In the industrial robot market, it competes against ABB, Epson, Fanuc, Kuka, Yaskawa, Denso, Motoman and Staubli. In the mobile robot market, it competes against Kiva, Aethon, MetraLabs and Neobotix. In both the industrial and mobile robot markets, it also competes with individual country-based vendors. The Company is subject to a variety of environmental regulations relating to the use, storage, handling, and disposal of certain hazardous substances used in the manufacturing and assembly of its products.