NATICK, Mass.--(BUSINESS WIRE)--
Cognex
Corporation (NASDAQ: CGNX) notes with sadness the death of board
member
Jerald G. Fishman, who passed away on
March 28. He had served on
the Cognex Board of Directors since 1998.
Mr. Fishman was CEO of Analog Devices, the Norwood, Massachusetts-based
maker of integrated circuits (ICs) and digital signal processors (DSPs),
from 1996 until the time of his death. He joined Analog Devices in 1971
and had served in a variety of management roles for the company prior to
becoming its Chief Executive Officer.
"I have known Jerry for more than 15 years and during that time he has
been both a trusted advisor and a good friend," said Dr. Robert J.
Shillman, Cognex's founder and Chairman. "At board meetings, Jerry would
never shy away from forcefully stating his opinion and the rationale
behind it…even if it was contrary to the views of others. His
suggestions, based on his wealth of business experience, helped our
board make strategic decisions that contributed substantially to our
company's success."
Dr. Shillman continued, "Cognex will begin a search for a new
independent director to join the company's board, but it will be a very
difficult task to find an individual who is as smart, as experienced, as
honest, as straightforward and as personable as Jerry."
About Cognex Corporation
Cognex Corporation designs, develops, manufactures and markets a range
of products that incorporate sophisticated machine vision technology
that gives them the ability to "see." Cognex products include barcode
readers, machine vision sensors and machine vision systems that are used
in factories, warehouses and distribution centers around the world to
guide, gauge, inspect, identify and assure the quality of items during
the manufacturing and distribution process. Cognex is the world's leader
in the machine vision industry, having shipped more than 850,000
vision-based products, representing over $3 billion in cumulative
revenue, since the company's founding in 1981. Headquartered in Natick,
Massachusetts, USA, Cognex has regional offices and distributors located
throughout North America, Japan, Europe, Asia and Latin America. For
details visit Cognex online at http://www.cognex.com.
Cognex Corporation
Susan Conway, 508-650-3353
Director of
Investor Relations
susan.conway@cognex.com
Source: Cognex Corporation
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