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Cognex Named Preferred Machine Vision Supplier by Leading German Automotive Engineering Firm

Cognex Corporation

NATICK, MA, March 3, 2004 -- Cognex Corporation (NASDAQ: CGNX), the world's leading supplier of machine vision systems, announced today that Johann A. Krause Machinefabrik GmbH, a leading global supplier of assembly and test systems for the automotive industry, has named Cognex as its preferred supplier, worldwide, for machine vision systems.

Johann A. Krause designs, develops, and delivers turnkey assembly lines that are used in automotive plants around the world to manufacture and test power train components.  Krause relies on Cognex’s In-Sight family of vision sensors to perform ID-Code reading (both PDF and 2D-Datamatrix codes), OCR/OCV, part detection, part inspection and assembly verification.  And they use VisionPro, Cognex’s PC-based vision systems, for the inspection of sealant beads. The company chose Cognex as its preferred supplier for machine vision because, when linked with Cognex’s vision systems, Krause automation machinery will provide their customers with the highest possible accuracy, productivity, quality and process reliability. 

‘‘Cognex’s outstanding technology, years of experience in industrial image processing, and their worldwide support and training were key criteria in our choice of a preferred supplier,’‘ said Dr. Thomas Trittin, Project Manager of Development Controls at Johann A. Krause.  ‘‘By working closely with Cognex engineers, we will be able to fulfill each of our customer’s very demanding needs as quickly and efficiently as possible.’‘

‘‘Collaborating with a strong partner in the power train segment will help Cognex increase our presence in the automotive industry which presents a large and growing market for machine vision,’‘ said Dr. Robert J. Shillman, Cognex’s CEO and Chairman. 

About Johann A. Krause
Johann A. Krause Maschinenfabrik was founded in 1950 and is located in Bremen, Germany Krause’s modular product program includes all necessary components for full-automatic, semi-automatic and manual assembly of engines, transmissions and axles, as well as the corresponding sub-assemblies, such as cylinder heads and steering gear. The company is a division of ThyssenKrupp Technologies which employs more than 2300 people world-wide and has annual revenue of approximately 400 million. 

About Cognex
Cognex Corporation designs, develops, manufactures, and markets machine vision systems, or computers that can ‘‘see.’‘  Cognex is the world's leader in the machine vision industry, having shipped more than 200,000 machine vision systems, representing over $1.5 billion in cumulative revenue, since the company's founding in 1981. Cognex's Modular Vision Systems Division, headquartered in Natick, Massachusetts, specializes in machine vision systems which are used for automating the manufacture of a wide range of discrete items and for assuring their quality.  Cognex's Surface Inspection Systems Division, headquartered in Alameda, California, specializes in machine vision systems which are used for inspecting the surfaces of products manufactured in a continuous fashion, such as metals, paper, plastics.  In addition to its corporate headquarters in Natick, Massachusetts, Cognex also has regional offices located throughout North America, Japan, Europe, and Southeast Asia.  Visit Cognex on-line at http://www.cognex.com.

Company Contact:
John Lewis
Cognex Public Relations Specialist
Phone:  (508) 650-3140

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