Adept Technology Reports Q3 Fiscal 2007 Results

                        ADEPT TECHNOLOGY, INC.
           CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
                (in thousands, except per share data)
                             (unaudited)

                                Three Months Ended  Nine Months Ended
                                --------------------------------------
                                March 31, April 1, March 31, April 1,
                                   2007     2006      2007     2006
                                --------------------------------------

Revenues                         $ 12,594 $ 15,074  $ 36,423 $ 42,694
Cost of revenues                    6,840    8,241    20,852   22,493
                                --------------------------------------
Gross margin                        5,754    6,833    15,571   20,201
Operating expenses:
 Research, development and
  engineering                       1,917    1,741     5,272    5,380
 Selling, general and
  administrative                    4,554    4,830    14,746   14,848
 Settlement expense                 1,861       --     1,861       --
 Amortization of other
  intangibles                          --       49        33      146
                                --------------------------------------
Total operating expenses            8,332    6,620    21,912   20,374
                                --------------------------------------

Operating income (loss)            (2,578)     213    (6,341)    (173)

Interest income (expense), net         98      (17)      345      (65)
Currency exchange gain (loss)          32      (17)      157     (206)
                                --------------------------------------

Income (loss) before income
 taxes                             (2,448)     179    (5,839)    (444)
Provision for (reversal of)
 income taxes                          (8)       7         1        2
                                --------------------------------------
Net income (loss)                $ (2,440)$    172    (5,840)$   (446)
                                ======================================

 Basic net income (loss) per
  share                          $  (0.32)$   0.03  $  (0.76)$  (0.07)
                                ======================================

 Diluted net income (loss) per
  share                          $  (0.32)$   0.02  $  (0.76)$  (0.07)
                                ======================================

Basic number of shares used in
 computing per share amounts:       7,671    6,414     7,635    6,237
                                ======================================


Diluted number of shares used in
 computing per share amounts:       7,671    7,092     7,635    6,237
                                ======================================

                        ADEPT TECHNOLOGY, INC.
                 CONDENSED CONSOLIDATED BALANCE SHEETS
                            (in thousands)
                              (unaudited)

                                                   March 31  June 30,
                                                     2007      2006
                                                                                            ---------  ---------
ASSETS

Current  assets:
  Cash  and  cash  equivalents                                                  $    5,756    $  10,062
  Short-term  investments                                                              5,194          3,995
  Accounts  receivable,  less  allowance  for  doubtful
    accounts  of  $436  at  March  31,  2007  and  $496  at
    June  30,  2006                                                                            10,283        11,591
  Inventories,  net                                                                        10,357        11,600
  Prepaid  expenses  and  other  current  assets                            682              439
                                                                                                      ---------  ---------

            Total  current  assets                                                      32,272        37,687

                                                                                                      ---------  ---------
Property  and  equipment,  net                                                      3,741          2,596
Goodwill                                                                                            3,176          3,176
Other  intangibles,  net                                                                      --                34
Other  assets                                                                                        239              199
                                                                                                      ---------  ---------

            Total  assets                                                                  $  39,428    $  43,692
                                                                                                      =========  =========

LIABILITIES  AND  STOCKHOLDERS'  EQUITY

Current  liabilities:
  Accounts  payable                                                                    $    4,939    $    6,952
  Accrued  settlement  expense                                                      1,861                --
  Accrued  warranty  expenses                                                        1,342          1,638
  Other  accrued  liabilities                                                        1,980          1,980
                                                                                                      ---------  ---------

            Total  current  liabilities                                            10,122        10,570

Long  term  liabilities                                                                      411              433

Total  stockholders'  equity                                                      28,895        32,689
                                                                                                      ---------  ---------

            Total  liabilities  and  stockholders'  equity      $  39,428    $  43,692
                                                                                                      =========  =========
 






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