BNTI .17..Looking for a steady move up on this Good NEWS...
Braintech's 3D Robotic Vision Application Passes Pre-Deployment Tests with Major
/FROM CANADA NEWSWIRE VANCOUVER 604-669-7764/
TO BUSINESS EDITOR:
Braintech's 3D Robotic Vision Application Passes Pre-Deployment Tests
with Major Automaker
NORTH VANCOUVER, BC, May 1 /PRNewswire-FirstCall/ - Braintech Inc. (OTC-
BB:BNTI), announced today that Vision Guided Robotic, ("VGR") solutions
ordered by ABB Inc. for a major Automaker have passed all tests and are ready
for immediate installation. These solutions revolutionize Powertrain assembly,
by allowing robots with "eyes" to pick engine parts out of bins and assemble
them together on a conveyor line.
Using "6 Sigma" testing criteria and controlled by the Automaker
engineers, the tests confirmed the solutions worked extremely well and
exceeded specification requirements under normal plant conditions. Braintech's
VGR solutions along with ABB robots are integrated into a completely automated
assembly line that promises greater productivity and quality while lowering
the costs of assembly.
Mr. Babak Habibi, President of Braintech states, "Of course this is a
very important technological milestone for Braintech. These tests prove that
our SC3D technology and our VGR delivery platform called "eVF" work. But what
is more important is what this means... especially to the industrialized
world. The efficiencies of VGR Automation will spawn a new era of
manufacturing productivity and Braintech is first to deliver scalable,
industrial-strength 3D-VGR technology."
About Braintech Inc.
(www.braintech.com) Braintech's "Vision-Guided Robotic" technologies are
revolutionizing manufacturing by giving industrial robots the "eyes" to handle
and assemble parts with a high degree of consistent quality and productivity.
Braintech's scientific capabilities, engineering expertise and commitment to
support have been embedded in the company's VGR development system called
"eVF", which provides the means for rapid and rock solid application
development, operation and remote support over the Internet.
(xxx) Note: The Company's on-line Investor Relations firm Agora will
publish a new Corporate Update on May 6, 2002 at www.agoracom.com (xxx)
ON BEHALF OF THE BOARD
OWEN JONES
CEO, DIRECTOR
The Private Securities Litigation Reform Act of 1995 provides a "safe
harbor" for forward-looking statements. Certain information included in this
communication (as well as information included in oral statements or other
written statements made or to be made by Braintech Inc.) contains statements
that are forward-looking, such as statements relating to the future
anticipated direction of the high technology industry, plans for future
expansion, various business development activities, planned capital
expenditures, future funding sources, anticipated sales growth and potential
contracts. Such forward-looking information involves important risks and
uncertainties that could significantly affect anticipated results in the
future and, accordingly, such results may differ from those expressed in any
forward-looking statements made by or on behalf of Braintech Inc. These risks
and uncertainties include, but are not limited to, those relating to
development and expansion activities, dependence on existing management,
financial activities, domestic and global economic conditions, changes in
federal or state income tax laws, and market competition factors.
Investor Contact: Sales Contact:
Vince Taylor Steve Bigg
(604) 988-6440 ext. 204 (905) 460-3464
ir@braintech.com sales@braintech.com
SOURCE Braintech Inc.
/CONTACT: Investor Contact: Vince Taylor, 604-988-6440 ext.
204,ir@braintech.com; Sales Contact: Steve Bigg,
905-460-3464,sales@braintech.com/
May-01-2002 13:01 GMT
Symbols:
US;BNTI
Source PRN PR NewsWire |
