SOURCE: Barrett Technology, Inc.

http://www.barrett.com Barrett Technology WAM robotic arm BarrettHand Ubot Puck Servoamplifier

March 09, 2011 10:05 ET

Barrett Posts Record Year in 2010 Led by Its Advanced Robotic Arm

CAMBRIDGE, MA--(Marketwire - March 9, 2011) -  Barrett Technology posted another record year in 2010, bucking the industry by any measure. Once again, top and bottom lines hit all-time highs for Barrett with continued strong demand for its advanced robot arm, WAM-arm, systems and interest in Barrett's new fully-integrated Force-Torque sensor and tactile-sensing arrays. According to CEO William Townsend, "Barrett experienced exceptional growth in 2010, spurred in large part by sales of multiple systems to support DARPA's program." This program will generate increased popularity for the use of Barrett's products over the next several years as competitors such as Lockheed-Martin, SRI International, and Hughes Research Labs vie to generate the best open-source software for their WAM+BarrettHand hardware platform. Systems were also sold in support of a permanent exhibit at the Smithsonian in Washington, DC.

About Barrett Technology, Inc.
Barrett Technology, Inc. is the technology leader in the design and manufacture of high-performance robotic manipulators for emerging applications requiring superior versatility.

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