Press Release Source: Braintech, Inc.
Braintech Gains New Japanese Automaker Orders Through ABB Alliance
Tuesday May 31, 8:01 am ET
ABB Strategic Alliance Delivers New eVisionFactory Orders for Multiple Applications in North American Plant Location
VANCOUVER, British Columbia--(BUSINESS WIRE)--May 31, 2005--Braintech, Inc. (OTCBB: BRHI - News), a leading provider of vision-guided robotic software, announced today that it has received a purchase order from ABB for five (5) eVisionFactory(TM) (eVF) built solutions. eVF is the ingredient software platform inside ABB`s TrueView(TM) Vision Guided Robotic System.
The order from ABB is the first order for a North American plant of a major Japanese Automaker. The five (5) systems ordered will be used with five (5) different parts. This further validates the industry`s expanding utilization of TrueView Vision Guided Robotic Systems and underscores the value of the ABB / Braintech strategic alliance.
ABB, Inc. (NYSE: ABB - News) of Auburn Hills, Michigan and Braintech operate together under a strategic alliance whereby ABB uses Braintech`s vision guidance technology to power its TrueView Vision Guided Robotic System.
Commenting, Braintech CEO Owen Jones said, ``TrueView Vision Guided Robotic Systems are becoming the standard in manufacturing automation. These intelligent systems are being deployed to perform a wider range of applications by an increasing number of manufacturers. To a great extent, this is due to the stability of eVisionFactory. We expect continued growth by expanding our business with major automotive manufacturers through working closely with ABB to grow their TrueView brand.``
Jerry Osborn, General Manager, ABB Robot Automation stated, ``The market need for flexible automation solutions continues to expand. This new customer commitment is further evidence that the creation of the TrueView brand, by the integration of Braintech vision science and ABB automation expertise, has produced the best available solution in the marketplace.``
About Braintech (OTCBB: BRHI - News) - For more information, visit www.braintech.com.
About ABB - For more information, visit www.abb.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 to 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.
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Source: Braintech, Inc.