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. 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 "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: Investor Relations [email protected]


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