Perceptron Introduces Helix-evo Sensor Family (Oct. 18, 2017)

Perceptron Introduces Helix®evo 3D Scanning Sensor Family

Built for the Plant Floor

PLYMOUTH, Mich., Oct. 18, 2017 — Perceptron, Inc. (NASDAQ:PRCP), a leading global provider of 3D automated metrology solutions and coordinate measuring machines, today announced its latest 3D scanning sensor family, Helix evo, for in-line and near-line applications.

Helix evo takes scanning to the next level, improving performance through faster measuring and increased overall system robustness. Inside the IP67 rated housing, Helix evo utilizes a green laser to measure the multitude of materials used in today’s manufacturing, such as chrome, aluminum, sheet metal, and painted surfaces. Its best-in-class scan acquisition provides accurate feature extraction along with the pristine scan quality required for form analysis. Helix evo also uses a single Power over Ethernet cable which reduces the number of auxiliary components required, and is designed for fast and accurate measurement on the plant floor.

Dave Watza, President and CEO, commented, “Helix evo is a significant evolution in our Helix sensor family, providing vastly improved point clouds and plant-hardened build quality. Helix evo provides the data our customers need for quick, real-time resolutions, whether the root cause of their quality challenge comes from their assembly or stamping process.”

Over the next several months, Perceptron will be installing Helix evo systems on the plant floors of three key customers.

Perceptron will have two Helix evo systems on display in booth #507 at the Quality Show in Chicago, which begins on October 24.

About Perceptron

Perceptron (NASDAQ:PRCP) 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.

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 and the risks and uncertainties discussed from time to time in our periodic reports filed with the Securities and Exchange Commission, including those listed in “Item 1A – Risk Factors” of our Annual Report on Form 10-K for fiscal 2017.  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.

 

Perceptron Awarded Multi-Plant, Multi-Station Project (Sept. 14, 2017)

Perceptron® Awarded Multi-Plant, Multi-Station Project for Helix® Dimensional Gauging Systems in Europe

PLYMOUTH, Mich., Sept. 14, 2017 — Perceptron, Inc. (NASDAQ:PRCP), a leading global provider of 3D automated metrology solutions and coordinate measuring machines, announced that a prominent global automotive manufacturer selected Perceptron as their preferred supplier for in-line dimensional gauging systems in Europe over the next three years.

“This order is a strategic win for Perceptron and reinforces our unique competitive advantage in the automated inspection market,” commented Franck Bougon, Perceptron’s EMEA Director of Sales and Marketing.  “With each new order, we continue to prove our leadership role in 100 percent in-line inspections, testing well above our peers in extensive head-to-head benchmarking.”

“A key market differentiator is our Absolute Accurate system,” added Bougon. “Absolute Accuracy ensures optimal system performance and provides immediate quality information from the first part measured. The added value this capability brings – specifically for new model launch projects – sets Perceptron apart for current projects as well as future project wins.”

Installation is progressing for two plants which will receive multiple Helix gauging systems to automatically measure, record, and provide real-time feedback on key dimensional aspects of the vehicle from initial launch to full production. The systems will also be connected to Perceptron’s Central Server for high-level management process monitoring and reporting. All stations for the first plant are scheduled to be completed by early 2018.

Helix is Perceptron’s family of 3D scanning sensors that incorporates state of the art technology with sophisticated optics and mechanics. The laser line quantity, density, length and orientation characteristics are all user configurable and eliminate the need to physically move the sensor over the part while scanning. This flexibility enables scanning of multiple features from a single sensor position. Helix is designed for fast and precise measurement of complex geometries on the plant floor.

About Perceptron

Perceptron (NASDAQ:PRCP) 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.

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.

Perceptron Awarded Large Helix 3D Scanning Sensor Order in China (August 4, 2017)

Perceptron Awarded Large Helix 3D Scanning Sensor Order in China

Helix Dimensional Gauging and Robot Guidance Solutions Offer the World’s First Fully Programmable Laser Scanner

PLYMOUTH, Mich., Aug. 04, 2017 — Perceptron, Inc. (NASDAQ:PRCP), a leading global provider of 3D automated metrology solutions and coordinate measuring machines, today announced that a prestigious German automotive manufacturer selected Perceptron gauging and robot guidance for their manufacturing facility in China.

The project includes six stations in total: four in-line gauging, one in-line robot guidance for form and pierce, and one near-line closure panel gauging. All stations feature Helix sensors, including both structure-mounted and robot-mounted, to measure features such as threaded studs, hemmed edges and complex holes. Perceptron’s measurement algorithms allow measurement of non-standard hole shapes, which are increasingly used by manufacturers to error-proof their build process.

“This project is a part of a larger vehicle program whereby a similar platform is built at additional plants worldwide,” commented Rick VanValkenburg, Perceptron Vice President of Global Sales and Marketing. “Perceptron has experienced execution teams around the globe which enables support at all of the customer’s assembly plants. Multiple country projects are very common in the automotive industry and Perceptron has a unique competitive advantage with our local install and support teams.”

Perceptron’s dimensional gauging solutions provide a real-time view of production quality, allowing customers to make rapid adjustments and see instant results. The integrated reporting package enables immediate insight into the manufacturing process, turning massive amounts of data into actionable information. These powerful reporting tools also aid in the efforts to reduce process variation and optimize overall vehicle quality, providing more effective troubleshooting tools and faster root cause analysis.

All stations at the manufacturing facility in China 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.

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.

Perceptron Awarded Gauging Project in Mexico (June 7, 2017)

Perceptron® Awarded Gauging Project in Mexico

AutoGauge® Helix Dimensional Gauging Solution

PLYMOUTH, Mich., June 07, 2017 — 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.

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.

Perceptron® Expands Frame Measurement Success (March 30, 2017)

Perceptron® Expands Frame Measurement Success

Longstanding Tier 1 Customer Selects Dimensional Gauging Solutions for European Plants

PLYMOUTH, Mich., March 30, 2017 — Perceptron, Inc. (NASDAQ:PRCP), a leading global provider of 3D automated metrology solutions and coordinate measuring machines, announced that a longstanding North American Tier 1 customer placed orders for Helix® dimensional gauging solutions in several European facilities.

“Perceptron has successfully installed over sixty measurement systems for this particular Tier 1 customer in North America and we are excited to leverage this success and expand into their European facilities,” commented Rick Van Valkenburg, Perceptron Vice President of Global Sales and Marketing.

Frames and cradles are a critical part of the vehicle and undergo an intricate assembly process before they are delivered to the OEM. Perceptron solutions provide benefits to both the supplier and the OEM including reduced scrap and rework costs for the supplier and quality assurance for the OEM.

Van Valkenburg added, “We continue to see more and more OEMs requiring 100 percent measurement from their high-value part suppliers. The confidence Perceptron has established at the OEM level is transcending down the supply chain.”

The latest project involves a flexible configuration with two robot-mounted Helix sensors providing real-time process information for more than 100 geometry features in addition to 170 studs. All measurements are taken and reported in less than eight minutes. Perceptron’s stud scanning capability, measurement speed, and Helix technology made Perceptron the obvious choice. The station is currently being designed, with installation scheduled for summer of 2017.

About Perceptron

Perceptron (NASDAQ:PRCP) 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.

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.