Adept Technology, Inc. ( ADEP)

F2Q2011 Earnings Call Transcript

February 2, 2011 5:00 pm ET

Executives

Lisa Cummins – CFO

John Dulchinos – President and CEO

Analysts

Sam Burton – Berry Asset Management

John Nelson – State of Wisconsin Investment Board

Chris Thomson – Mindshare Capital

Presentation

Operator

Good afternoon, ladies and gentlemen. Thank you for standing by. Welcome to the Adept Technology’s second quarter 2011 financial results conference call. During today’s presentation, all participants will be in a listen-only mode. Following the presentation, the conference will be open for questions. (Operator instructions) This conference is being recorded today, Wednesday, February 2, 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, February 2, 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. No one should assume that any forward-looking statements made by the company remain consistent with our expectations after the date that the forward-looking statements are made.

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