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 Complete.

Our system upgrade is now complete. If you encounter any problems, please notify us using our contact form

Thanks for your continued support in making Agoracom the best online community for Small Cap Investors.

Braintech Inc. > Press Release
Generic_profile

NEWS: ``Soft Tooling``...

Posted by: taekwondo42 on January 05, 2006 10:15AM

Press Release Source: Braintech

Braintech Receives Additional ABB Order to `Soft-Tool` a Major North American Automaker`s Existing TrueView Systems

Thursday January 5, 8:00 am ET

Multiple engine types to be assembled on the same production line

VANCOUVER, British Columbia, Jan. 5, 2006 (PRIMEZONE) -- Braintech, Inc. (OTC BB:BRHI.OB - News), a leading provider of vision guided robotic (``VGR``) software solutions, announced today that it has received an order from global robotics giant ABB, Inc. to re-tool (``Soft-Tool``) with its eVisionFactory (``eVF``) software, an existing TrueView system at a major North American automaker`s plant. The order provides funding to train a new engine model allowing for multiple engine types to be assembled on the same production line.

ADVERTISEMENT

Jerry Osborn, General Manager, ABB Robot Automation stated, ``By being able to Soft-Tool a system, rather than re-tooling, costs are dramatically decreased. Without the flexibility of robots and the adaptability of vision, retooling involves extensive replacement of hard automation, tooling and conveyors. In this case, using Braintech`s eVF software, we`re able to add new jobs to an existing line by training existing TrueView systems to new engine styles.``

Commenting on the additional ``Soft-Tool`` order, Owen Jones, CEO of Braintech says, ``We continue to see ways to grow our sales. In the case of Soft-Tool orders, we`re receiving re-occurring revenues from previously installed systems.``

About Braintech (OTC BB:BRHI.OB - News) - For more information, visit http://www.braintech.com The Braintech, Inc. logo can be found at: http://www.primezone.com/newsroom/prs/?pkgid=2174

About ABB (NYSE:ABB - News) - ABB`s Robotic, Automotive and Manufacturing group is a leading supplier of robots, robotic systems and automation systems to the automotive, manufacturing and consumer industries. With more than 130,000 robots installed worldwide and more than 5,000 employees, ABB is a global leader in flexible factory automation.

This group is part of ABB Ltd., a leader in power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs about 102,000 people. The company`s U.S. operations employ about 9,000 in manufacturing and other facilities in 40 states.

For more information, visit http://www.abb.com

Soft-Tool, eVisionFactory and eVF are trademarks of Braintech, Inc. and its subsidiaries.

TrueView is a trademark of ABB, Inc and its subsidiaries.

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.

Contact:

Braintech Inc.

Jennifer Summers

604-988-6440 x 202

jsummers@braintech.com

#102 - 930 W 1st Street

Vancouver BC V7P 3N4

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