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FOR IMMEDIATE RELEASE

NATICK, MA October 26, 2007

Cognex Corporation Declares Cash Dividend for Q3 2007

NATICK, MA, October 26, 2007 — Cognex Corporation (NASDAQ: CGNX) announced today that the company’s Board of Directors declared a quarterly cash dividend of $0.085 per share. This dividend is payable on November 30, 2007, to all shareholders of record at the close of business on November 16, 2007. This is Cognex’s eighteenth consecutive quarterly cash dividend.

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,” “should,” “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; (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; (8) the failure to effectively manage product transitions or accurately forecast customer demand; (9) the inability to attract and retain skilled employees; and (10) 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, 2006.  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:
Robin Pratt
Sr. Manager, Corporate Communications
Cognex Corporation
Telephone: (858) 350-5065
Email: robin.pratt@cognex.com

About Cognex Corporation

Cognex Corporation designs, develops, manufactures and markets a wide range of image-based products, all of which use artificial intelligence (AI) techniques that give them the human-like ability to make decisions on what they see. Cognex products include machine vision systems, machine vision sensors and barcode readers that are used in factories and distribution centers around the world where they eliminate production and shipping errors.

Cognex is the world's leader in the machine vision industry, having shipped more than 1.5 million image-based products, representing over $5 billion in cumulative revenue, since the company's founding in 1981. Headquartered in Natick, Massachusetts, USA, Cognex has offices and distributors located throughout the Americas, Europe and Asia. For details visit Cognex online at www.cognex.com.

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