Braintech Blog

“Touch Them All”

Jim Dara, CSO Braintech Inc.'s avatar Written By: Jim Dara, CSO Braintech Inc.
Posted on May 29, 2008

Baseball fans may have heard this phrase from announcers following a home run, instructing the batter to round all the bases on the way to scoring a run. We at Braintech are working to “Touch Them All” as well, albeit in terms of touching potential new markets, customers, partners and integrators. And while we would love to do so in the grand fashion of bases-loaded home runs, we are well aware that runs are typically generated via walks, singles and doubles. More importantly, we understand that scoring is also the result of aggressive strategy, consistent hustle and being prepared to take advantage of opportunities as they present themselves.


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RBP Shifts into High Gear

Babak Habibi, CTO Braintech Inc.'s avatar Written By: Babak Habibi, CTO Braintech Inc.
Posted on May 12, 2008

The last time we spoke, I attempted to shine some light on the nature of random bin picking and why we think this to be such an important growth market for vision guided robotics. We talked about the fact that RBP applications are present in virtually every industry since jumbled heaps of parts and components need to be transported and fed into machines for processing and assembly everywhere. Since last post our work has intensified even further in this area as we are increasingly seeing strong interest from major manufacturers who are anxious to get the technology working on their plant floor.


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Being Public Isn’t Cheap

Rick Weidinger, CEO Braintech Inc.'s avatar Written By: Rick Weidinger, CEO Braintech Inc.
Posted on April 18, 2008

We’ve had a flurry of SEC filings in the last few months (10-KSB, 10-QSB, 8-K’s, Amendments to 10-QSB, and S-8s). All of them necessary and important to understand the financial condition of Braintech, but preparing and publishing these disclosures and statements are time consuming and expensive. To be sure, we are exploring methods of realizing the same transparency to our owners and shareholders (such transparency, I believe, is key to effective communications) without incurring the expensive legal and accounting fees involved not to mention the executive time. I am just not sure it makes sense for any micro-cap company to be public these days. We have incurred approximately $85,000 in the last few months in the preparation, legal and accounting costs of these SEC filings. We could have and should have applied these scarce resources to building the business. Anyway, today I want to talk about the future of the company.


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