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Adept Technology's CEO Discusses F4Q 2011 Results - Earnings Conference Call

Adept Technology, Inc (ADEP)

F4Q 2011 Earnings Call Transcript

August 24, 2011, 5:00 pm ET

Executives

Lisa Cummins - CFO

John Dulchinos - President, CEO

Analysts

John Nelson - State of Wisconsin Investment Board

Frank Buressi - Stifel Nicolaus

Craig Samuels - Samuels Capital Management

Presentation

Operator

Good afternoon, ladies and gentlemen. Thank you for standing by. Welcome to the Adept Technology fiscal fourth quarter and year-end 2011 results conference call. During today's presentation, all participants will be in a listen-only mode. Following the presentation, the conference will be opened for questions. (Operator Instructions).

This conference is being recorded today, Wednesday, August 24, 2011. At this time I would like to turn the conference over to Lisa Cummins, Chief Financial Officer. Please go ahead, ma'am.

Lisa Cummins

Good afternoon, everyone, and thank you for joining us. As we begin today's call, let me remind you that during the course of this conference call, we may make certain remarks regarding Adept's expectations as to future events and future financial and operational performance, plans and prospects of the company, all of which are based on the company's position as of today, August 24, 2011.

Any such forward-looking statements involve a number of risks and uncertainties and the company's actual results could differ materially from those expressed in any of these forward-looking statements for a variety of reasons, including the risks described in our press release and in our annual report on 10-K for the fiscal year ended June 30, 2010 as well as the risks described in the company's other SEC filings.

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