PLYMOUTH, Mich., Oct. 10, 2016 -- Perceptron, Inc. (NASDAQ:PRCP), a leading global provider of coordinate measuring machines and 3D automated metrology solutions, announced that a prominent North American aerospace company has selected three Coord3® coordinate measuring machines (CMMs) for their manufacturing processes.
Rick Van Valkenburg, Perceptron’s Director of Sales - Americas, commented, “This is a new customer for Perceptron® and a great opportunity for us in the aerospace industry. The projects involve high-accuracy inspection on various critical components. Winning these projects is a true testament to the quality and capability of Coord3® CMMs.”
The projects consist of two Universal Bridge CMMs and one Large Kronos Bridge CMM. Coord3® Bridge CMMs provide flexible customer solutions by eliminating any dedicated foundation requirements and retaining open access for part loading and unloading. One of the Universal CMMs is part of a larger robotic automated system in the customer’s dedicated manufacturing cell. All installations are underway and scheduled to be completed by November 2016.
“Our customer is an established leader in the aerospace industry and is looking to Coord3® to support and improve their manufacturing technology,” added Van Valkenburg.
About Perceptron
Perceptron supplies 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. Automotive, aerospace and other manufacturing companies globally 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, Perceptron has approximately 340 employees worldwide, with operations in the Brazil, China, Czech Republic, France, Germany, India, Italy, Japan, Singapore, Slovakia, Spain and the UK. 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: Investor Relations [email protected]


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