Cognex Corporation (NASDAQ: CGNX) announced today that it has received two orders totaling nearly $200,000 from a large Chinese manufacturer of cartons and other packaging for the consumer products industry.
The company, based in Shenzhen, China, will use Cognex In-Sight® vision sensors on high-speed packaging lines to inspect cartons and other consumer packaging materials for defects such as bubbles, creases, missing seals, and printing errors.
“This sale is particularly significant for Cognex because it was a key account we took away from an entrenched competitor,” said Dr. Robert Shillman, Cognex Chairman and CEO. “We are starting to gain some traction for our MVSD products in China, especially with machine builders for the packaging industry. We’ve already closed four of the top 10 packaging machine builders in China, and we believe there’s great potential there for more high-volume orders.”
Cognex Corporation designs, develops, manufactures and markets machine vision sensors and systems, or devices that can "see." Cognex vision sensors are used in factories around the world to automate the manufacture of a wide range of items and to assure their quality. Cognex is the world's leader in the machine vision industry, having shipped more than 400,000 machine vision systems, representing over $2 billion in cumulative revenue, since the company's founding in 1981. In addition it its corporate headquarters in Natick, Massachusetts, Cognex also has regional offices and distributors located throughout North America, Japan, Europe, Asia and Latin America. Visit Cognex on-line at http://www.cognex.com.
Robin Pratt, 858-350-5065
Sr. Manager, Corporate Communications