Recognized leader in the field of robot guidance, machine and computer vision
Hub Controls
  • Demo Video
  • Upload Photo
  • Edit Company Profile
  • Add a Link
  • Update Fast Facts
  • Add Management Bios
  • Private Messages
  • Edit My Profile
  • View/Edit My Portfolio

Email Updates

AGORACOM News Flash

Agoracom Update at 12:00 midnight (eastern).

We'll be running a system upgrade tonight at midnight eastern, to add some new functionality and address some small bugs. Downtime should be no longer than 20 minutes. We apologize for any inconvenience, and appreciate your continued support in making Agoracom the best community for Small-Cap Investors.

Braintech Inc. > Press Release
Generic_profile

NEWS - More Orders For Braintech Vision Guided Robotics Software Through ABB Alliance; Strategic Alliance Continues to Leverage Proven Product Performance and Industry Acceptance

Posted by: AGORACOM on March 01, 2005 08:21AM

VANCOUVER, British Columbia, Mar 1, 2005 - Braintech, Inc. (OTCBB: BRHI), a leading provider of vision guided robotic software announced today that it has received a purchase order from its strategic alliance partner ABB for 5 ``eVF`` built solutions. eVisionFactory (eVF) is the ingredient software platform of ABB`s TrueView Vision Guided Robotics System.

The order from ABB is for five (5) TrueView Vision Guided Robotics Systems ordered by a Major North American Automaker, their first utilization of this technology for operations such as material handling, and engine head decking. The order reflects the industry`s increasing utilization of these system types by Braintech and underscores the value of its relationship with ABB.

ABB, Inc. of Auburn Hills and Braintech operate together under a strategic alliance whereby ABB exclusively uses Braintech vision guidance technology inside of its TrueView Vision Guided Robotics system.

Commenting, Braintech CEO Owen Jones said, ``Our Single Camera (``SC3D``) software is proven and use continues to expand throughout the automotive OEM and Tier markets. We expect significant growth from this system as we continue to work closely with ABB to grow their TrueView brand.`` Mr. Jones added that, ``end-users will be pleased that these material handling systems are proven to be exceptionally reliable and cost effective.``

Regarding the financial value of the order, Mr. Jones mentioned that Braintech will be differentiating between announcing orders and the installation of systems. This is a new system for press releases designed to announce orders from customers that are material to Braintech with subsequent installation releases to provide more financial detail and, when possible, end-user names and business locations.

About Braintech (OTCBB: BRHI) - For more information, visit www.braintech.com.

Statements in this document that are not purely historical are forward-looking statements and reflect the current views of management with respect to future events and are subject certain risks, uncertainties and assumptions. It is important to note that the Company`s actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include risks and uncertainties such as technical difficulties in developing the products; competition from other suppliers of similar products; pricing that may not be acceptable to potential markets; and many other known and unknown factors. Readers should also refer to the risk disclosures outlined in the Company`s 10-KSB and 10-QSB Forms filed from time to time with the SEC.

SOURCE: Braintech, Inc.

Baldacci Communications, LLC

Laura Van Eperen,

703-556-4200

Cellular: 240-994-7541

laurave@bcworldwide.com

Post a Reply

Please login to reply to this message.

Executive Address
Brhi-weidinger-bc
Rick Weidinger
Chief Executive Officer & Chairman
May 13, 2008

Rick Weidinger Addresses the Investment Community

View Broadcast

Stock Quote