Exhibit 99.1


        Adept Reports Preliminary Financial Results for Fiscal Year 2006;
           Form 10-K Delayed Pending Completion of Accounting Review;
                    No Significant Impact Seen on Operations


    LIVERMORE, Calif.--(BUSINESS WIRE)--Sept. 22, 2006--Adept
Technology, Inc. (Nasdaq:ADEP), a leading provider of control
software, precision robotics and automation services, today reported
partial preliminary financial results for its fiscal fourth quarter
and year ended June 30, 2006.
    While Adept and its auditors have not yet completed their review
of the Company's results, based on its preliminary review, the Company
expects revenues for the fiscal fourth quarter ended June 30, 2006 to
be $14.9 million, compared with $14.4 million in the fourth quarter of
fiscal 2005. Revenues for the full fiscal year 2006 are expected to be
$57.6 million, compared with $50.5 million in fiscal 2005. Cash and
cash equivalents as of June 30, 2006 are expected to be $14.0 million,
compared with $5.3 million as of June 30, 2005. The 2006 year end
figure includes $10 million received during the fourth quarter from
the previously announced private placement of its common stock with
Crosslink Capital. The Company expects that income from continuing
operations before income taxes for full fiscal year 2006 will be
approximately $800,000, which includes stock compensation expense of
$1.2 million, compared to income from continuing operations of $1.3
million for fiscal 2005, before FAS 123R required recognition of stock
compensation expense.
    In the course of conducting the year end consolidation of its
financial results, and in conjunction with the audit of those results,
Adept has discovered errors in a number of accounts, primarily
involving intercompany eliminations associated with its consolidation
of international subsidiaries. The Company has preliminarily concluded
that the total amount of these errors, currently accounted for in the
preliminary fiscal 2006 income from continuing operations before
income taxes of $800,000 as described above, is likely to be less than
$2.5 million, but cautions that its full review is not yet completed,
as noted below.
    Rob Bucher, Adept's CEO, said, "Operationally, we had a good year.
It is very disappointing that our accounting systems and finance
organization have not kept pace with the Company and its growth and
development. Adept is taking significant steps to understand all of
the causes of these issues and is committed to strengthening our
financial processes and accounting function to improve our internal
controls going forward, just as we have improved our operating
business since I joined Adept almost three years ago."
    On the basis of the errors discussed in this release, Adept's
management and the Audit Committee of the Board of Directors have
concluded that the potential adjustments resulting from these errors
will have a material impact on and require restatement of one or more
of the Company's interim financial reports for the quarterly periods
within fiscal 2006, and as a result, these quarterly financial
statements should no longer be relied on. The Company is currently
unable to determine which periods were materially impacted by these
errors, and unable to conclude the ultimate impact, if any, on
financial statements for fiscal year 2005 and prior fiscal years.
Because the preparation of Adept's financial statements and review of
historical financial statements continues, certain of the accounting
matters identified at this stage, as well as the potential impact of
these matters on the Company's financial statements, have not yet been
finalized and are subject to change. Adept's Chief Financial Officer,
who joined Adept in June 2006, has discussed and is reviewing in
detail these matters with Adept's Audit Committee and the Company's
independent auditors, Armanino McKenna LLP, who were engaged by Adept
in October 2005, early in the Company's fiscal year 2006.
    As a result of its prolonged fiscal 2006 consolidation process and
ongoing review of prior periods, Adept will not be able to file its
Annual Report on Form 10-K for its fiscal year 2006 by the due date of
September 28, 2006, and intends to file a Form 12b-25 for a 15-day
extension of its filing deadline as permitted under SEC rules. While
the Company is working diligently to complete its review and year-end
audit to file its Form 10-K by the extended deadline of October 13,
2006, there are no assurances that it will be able to do so.
    Further, in connection with the Company's year end consolidation
and audit of its financial results, Adept management has concluded
that the consolidation process and other errors and issues discussed
above indicate material weaknesses in its internal controls. Adept has
also been informed that it will receive a letter identifying material
weaknesses on internal control over financial reporting from its
independent auditors. A material weakness is a control deficiency or
combination of control deficiencies that results in there being more
than a remote likelihood that a material misstatement of the annual or
interim financial statements will not be prevented or detected on a
timely basis by employees in the normal course of their assigned
functions. Discussion of the nature and scope of these material
weaknesses will be included in the Company's Annual Report on Form
10-K for fiscal 2006.
    Concluded Bucher, "Our fundamental business is unaffected by these
internal accounting issues, and we anticipate continued growth in our
business over fiscal 2007 and beyond. We remain enthusiastic about our
vision to make Adept a leading player in next-generation automation
systems both for traditional manufacturing and for emerging
applications in new markets."

    Analyst Conference Call and Simultaneous Webcast

    Rob Bucher, Chief Executive Officer and Steve Moore, Vice
President and Chief Financial Officer, will host an investor
conference call on Monday, September 25, 2006, at 8:30 a.m. Eastern
Time to review the Company's news of September 22, 2006. The call will
be open to all interested investors through a live audio Web broadcast
via the Internet at www.streetevents.com or may be accessed through
the investor relations section of our website at www.adept.com. For
those who are not available to listen to the live broadcast, the call
will be archived at www.adept.com, www.streetevents.com and
www.fulldisclosure.com. A telephonic playback of the conference call
will also be available for five days from Monday, September 25, 2006
through Friday, September 29, 2006. Listeners should call 888-203-1112
or 719-457-0820 and use Code Number "4392546".

    About Adept Technology, Inc.

    Adept Technology, Inc. develops and markets motion control and
machine vision software, intelligent vision-guided robotics systems
and extensible controls technology on a global basis. The Adept motion
and vision controls platform is both multi-brand and
multi-generational. The unique universal robot controller is
integrated within Adept's portfolio of intelligent assembly and
material handling robots and has been extended to other non-Adept
automation and robot mechanisms.
    Adept software, robotics and systems are being used by a variety
of industries, including automotive, consumer electronics, consumer
goods, disk drive, food, industrial tooling, medical devices and
pharmaceuticals. Adept delivers 24/7 applications engineering and
field services worldwide including multi-generational robot and
automation system upgrades and evergreen product support. Founded in
1983, Adept Technology is the largest U.S.-based manufacturer of
industrial robots. More information is available at www.adept.com.

    Forward-Looking Statements

    This press release may contain certain forward-looking statements
including statements regarding growth, revenues, cash, results of our
review of our historical financial statements, the financial impact
and extent of the potential restatement and prior periods affected,
the timing of the filing of restated financials and of Adept's Form
10-K, and the strengthening of internal controls, that involve a
number of risks and uncertainties. The Company's actual results could
differ materially from those expressed in any of the above
forward-looking statements for a variety of reasons, including but not
limited to: customers' ability to pay invoices in a timely manner; the
risk that some customers may become insolvent; future economic,
competitive and market conditions including those in Europe and Asia
and those related to the Company's strategic markets; risks of
acceptance of the Company's new or current products in the
marketplace; the financial and operating risks and regulatory
requirements associated with international operations; the cyclicality
of capital spending of the Company's customers and lack of long-term
customer contracts; dependence on the continued growth of the
intelligent automation market; rapid technological change and
competition within the intelligent automation industry; the lengthy
sales cycles for the Company's products; the Company's significant
fixed costs which are not easily reduced; risks associated with sole
or single sources of supply and lengthy procurement lead times; risks
associated with the seasonality of the Company's products; risks
associated with product defects; potential delays associated with the
development and introduction of new products or software releases; the
Company's ability to sell its products through systems integrators and
original equipment manufacturers who may also promote competing
products; risks associated with variations in our gross margins based
on factors not always in Adept's control; potential securities class
action litigation if Adept's stock price remains volatile or operating
results suffer; the potential failure to develop and enhance an
effective system of internal controls and disclosure controls
resulting in inaccurately reporting our financial results; and costs
of being a public company as a result of legislation requiring greater
general and administrative costs to be incurred and higher insurance
costs.
    For a discussion of risk factors relating to Adept's business, see
Adept's annual report on Form 10-K for the fiscal year ended June 30,
2005 and quarterly report on Form 10-Q for the quarter ended April 1,
2006 including the discussion in Management's Discussion and Analysis
of Financial Condition and Results of Operations and Factors Affecting
Future Operating Results contained therein.



    CONTACT: Adept Technology, Inc.
             Steven L. Moore, 925-245-3400
             investor.relations@adept.com