Perceptron Announces Order for AccuSite® in Robot Guidance Application (January 9, 2020)

Perceptron Announces Order for AccuSite® in Robot Guidance Application

Optical Tracking Improves Productivity for Robotic Manufacturing

PLYMOUTH, Mich., January 9, 2020 — Perceptron, Inc. (NASDAQ:PRCP), a leading global provider of 3D automated metrology solutions and coordinate measuring machines, today announced receiving an order for nine AccuSite® optical tracking systems for precision robot guidance and metrology applications.

“Perceptron continues to innovate with our manufacturing partners by developing technology to maximize solution value. We have expanded our AccuSite technology beyond accurate in-line metrology to provide the greatest possible precision for robot guidance applications,” commented Rick Van Valkenburg, Vice President Global Sales and Marketing for Perceptron.

In robot guidance applications no part is perfect, and no process is perfect; therefore, there are two goals to achieve optimal part placement. Goal one is removing the variation introduced by these two factors. To achieve this, Helix sensors are installed around the assembly to measure key locating features and then send an offset to the robot to correctly place the part in the assembly. Goal two is removing the variation caused by any changes in the robot due to temperature and mechanical drift. An AccuSite Star is mounted on the robot’s end-of-arm tooling and the AccuSite Tracker captures its precise position. Based on this measurement, a secondary offset is calculated and sent to the robot ensuring precise placement.

Van Valkenburg added, “Perceptron provides the most flexible set of solutions in the industry allowing for the implementation of state-of-the-art applications like this one. In this project we are utilizing fixed and robot mounted sensors, absolute accurate optical tracking, and data sharing across systems to minimize sensor count and footprint, improve overall system performance, and reduce measurement cycle times.”

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, Slovakia, Spain and the United Kingdom.  For more information, please 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 “target,” “will,” “should,” “could,” “believes,” “expects,” “anticipates,” “estimates,” “prospects,” “outlook,” “guidance” 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 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 2019 and of our Quarterly Reports on Form 10-Q.  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:
Investor Relations
investors@perceptron.com

Editorial Editor