Exhibit 99.1


  Cognex Corporation Announces That Death of Audit Committee Member
          Leads to Receipt of Deficiency Letter from Nasdaq


    NATICK, Mass.--(BUSINESS WIRE)--Jan. 16, 2007--Cognex Corporation
(NASDAQ: CGNX) previously announced on January 4, 2007 that William A.
Krivsky, a member of Cognex's board of directors and a member of its
audit committee, died on December 23, 2006. As a result of Mr.
Krivsky's death, Cognex's audit committee currently consists of only
two members, Mr. Jerald G. Fishman and Mr. Reuben Wasserman. Nasdaq's
Marketplace Rule 4350(d)(2)(A) requires each listed issuer to have an
audit committee that consists of at least three independent members,
and, as a result, Nasdaq Listing Qualifications Department sent a
Staff Deficiency Letter to Cognex informing it that Cognex was no
longer in compliance with Nasdaq's audit committee requirement. Under
Marketplace Rule 4350, Cognex was given until June 21, 2007 to add a
third independent member to its audit committee at which time it will
regain compliance. Cognex initiated a search to fill that position
soon after Mr. Krivsky's death, and expects to make an appointment on
or prior to the deadline date.

    About Cognex Corporation

    Cognex Corporation designs, develops, manufactures, and markets
machine vision sensors and systems, or devices that can "see." Cognex
vision sensors are used in factories around the world to automate the
manufacture of a wide range of items and to assure their quality.
Cognex is the world's leader in the machine vision industry, having
shipped more than 350,000 machine vision systems, representing over $2
billion in cumulative revenue, since the company's founding in 1981.
In addition to its corporate headquarters in Natick, Massachusetts,
Cognex also has regional offices and distributors located throughout
North America, Japan, Europe, Asia, and Latin America. Visit Cognex
on-line at http://www.cognex.com/.

    Forward-Looking Statement

    Certain statements made in this press release, which do not relate
solely to historical matters, are forward-looking statements. You can
identify these forward-looking statements by use of the words
"expects," "anticipates," "estimates," "believes," "projects,"
"intends," "plans," "will," "may," "shall" and similar words. These
forward-looking statements, which include statements regarding
business trends, revenue growth and the company's financial outlook,
involve known and unknown risks and uncertainties that could cause
actual results to differ materially from those projected. Such risks
and uncertainties include: (1) global economic conditions that impact
the capital spending trends of manufacturers in a variety of
industries, including, but not limited to the semiconductor,
electronics, automotive and steel industries; (2) the cyclicality of
the semiconductor and electronics industries; (3) the reliance upon
certain sole-source suppliers to manufacture and deliver critical
components for the company's products; (4) the inability to design and
manufacture high-quality products; (5) the technological obsolescence
of current products and the inability to develop new products; (6) the
inability to protect the company's proprietary technology and
intellectual property; (7) the challenges in integrating acquisitions
and achieving anticipated benefits; and (8) the other risks detailed
in the company's reports filed with the SEC, including the company's
Form 10-K for the fiscal year ended December 31, 2005. You should not
place undue reliance upon any such forward-looking statements, which
speak only as of the date made. The company disclaims any obligation
to update forward-looking statements after the date of such
statements.

    CONTACT: Cognex Corporation
             Susan Conway, 508-650-3353
             Director of Investor Relations
             susan.conway@cognex.com