Sunday, June 25, 2017America's Leading Online Business Magazine

Perceptron® Awarded Gauging Project in Mexico

PLYMOUTH, Mich., June 07, 2017 (GLOBE NEWSWIRE) — Perceptron, Inc. (NASDAQ:PRCP), a leading global provider of 3D automated metrology solutions and coordinate measuring machines, announced that a prominent Japanese automotive manufacturer selected Perceptron for their compact vehicle program.

The project includes two in-line gauging stations. Station one features four robot-mounted Helix HDR sensors and six stationary Helix sensors to measure approximately 100 inspection points on the vehicle’s underbody. Station two includes four robot-mounted Helix HDR sensors to measure 94 locations on the vehicle’s framed body. These two flexible robotic systems will be configured to measure one vehicle model manufactured at the plant.

“Winning this project is a tribute to Perceptron’s global support capability. This customer has manufacturing facilities around the world for this particular vehicle and we had participation from our offices in Japan, China, Europe, the United Kingdom, and the United States,” commented, Rick Van Valkenburg, Perceptron Vice President of Global Sales and Marketing.

Perceptron’s dimensional gauging solutions provide a real-time view of the customer’s production process, allowing them to make rapid adjustments and instantaneously evaluate the results. Both gauging stations also include Perceptron’s Argus software to continuously monitor the 100 percent measurement data and highlight trends to guide and prioritize process issues for the customer.

The gauging stations are currently in the final stage of installation.

About Perceptron

Perceptron develops, produces and sells a comprehensive range of automated industrial metrology products and solutions to manufacturing organizations for dimensional gauging, dimensional inspection and 3D scanning. Products include 3D machine vision solutions, robot guidance, coordinate measuring machines, laser scanning and advanced analysis software. Global automotive, aerospace and other manufacturing companies rely on Perceptron’s metrology solutions to assist in managing their complex manufacturing processes to improve quality, shorten product launch times and reduce costs. Headquartered in Plymouth, Michigan, USA, Perceptron has subsidiary operations in Brazil, China, Czech Republic, France, Germany, India, Italy, Japan, Singapore, Slovakia, Spain and the United Kingdom. For more information about Perceptron, visit www.perceptron.com.

Safe Harbor Statement

Certain statements in this press release may be “forward-looking statements” within the meaning of the Securities Exchange Act of 1934, including the Company’s expectation relating to the ability to successfully develop and introduce new products and expand into new customers and markets. When we use words such as “will,” “should,” “believes,” “expects,” “anticipates,” “estimates,” “prospects” or similar expressions, we are making forward-looking statements. We claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 for all of our forward-looking statements. While we believe that our forward- looking statements are reasonable, you should not place undue reliance on any such forward-looking statements, which speak only as of the date made. Because these forward-looking statements are based on estimates and assumptions that are subject to significant business, economic and competitive uncertainties, many of which are beyond our control or are subject to change, actual results could be materially different. Factors that might cause such a difference include, without limitation, the Company’s projected revenues and net income depends upon the Company’s ability to successfully develop and introduce new products. Except as required by applicable law, we do not undertake, and expressly disclaim, any obligation to publicly update or alter our statements whether as a result of new information, events or circumstances occurring after the date of this report or otherwise.

CONTACT: Contact:
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