PLYMOUTH, MI–(Marketwired – Apr 3, 2014) – Perceptron, Inc. (NASDAQ: PRCP), a leading global provider of real time, non-contact 3D measurement, inspection and robot automation solutions, announced that it will be participating in the Hannover Industrial Fair in Germany from April 7th through April 11th. A robotic demonstration system featuring Perceptron Helix® technology will be presented by Siemens in Hall 9, Booth D35. Experts will be on hand throughout the week to discuss the technical differentiators and benefits provided by the overall solution, as well as answer any specific questions regarding Perceptron product strengths and capabilities.
Jeffrey M. Armstrong, Perceptron’s President and CEO, said, “We are clearly pleased to have been invited by Siemens to participate in showcasing this innovative robotic assembly solution. It is a very public opportunity to demonstrate the powerful solutions we offer with our 3D Helix sensors, Vector software, and integration capabilities.”
Siemens selected Perceptron’s 3D Helix sensors based on three differentiators. First, the Helix sensor’s large measurement volume allows Siemens to capture all relevant part features required for the assembly process with fewer sensors. Second, Helix’s Intelligent Illumination™ technology enables the number, density and orientation of the laser lines to be individually tailored for each specific part feature, without altering the sensor’s position. Finally, a wide range of Helix standoffs, from 200mm all the way up to 1400mm, offers significant solution flexibility. In robotic assembly applications, Perceptron offers a unique solution that enables the customer to use one set of robot-mounted or frame-mounted sensors to survey the as-built components, guide the robot installation motion, and then validate the installed alignment to ensure it meets design intent.
Armstrong added, “At Perceptron, technical and business innovation are key enablers to growth and diversification. Continuing to foster relations with strong business partners and our ongoing commitment to world-class research and development will allow us to remain at the forefront of the industrial metrology marketplace.”
Perceptron develops, produces, and sells non-contact 3D machine vision solutions for measurement, inspection, and robot guidance in industrial applications. Manufacturing companies throughout the world rely on Perceptron’s hardware and software solutions to help them manage their complex manufacturing processes to improve quality, shorten product launch times and reduce costs. Perceptron also offers Value Added Services such as training and customer support services. Headquartered in Plymouth, Michigan, Perceptron has approximately 240 employees worldwide, with operations in the United States, Germany, France, Spain, Brazil, Japan, Singapore, China, and India.
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 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” 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. The Company assumes no obligation for updating any such forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such forward-looking statements. Actual results could differ materially from those in the forward-looking statements due to a number of uncertainties in addition to those set forth in the press release, including, but not limited to, those set forth in “Item 1A – Risk Factors” of the Company’s Annual Report on Form 10-K for fiscal 2013, the ability of the Company to successfully compete with alternative and similar technologies, the ability of the Company to develop and introduce new products, the ability of the Company to attract and retain key personnel, especially technical personnel, the quality and cost of competitive products already in existence or developed in the future, rapid or unexpected technological changes, and the effect of economic conditions. The ability of the Company to develop and introduce new products, especially in markets outside of automotive, is subject to a number of uncertainties, including general product demand and market acceptance risks, the ability of the Company to resolve technical issues inherent in the development of new products and technologies, the ability of the Company to identify and satisfy market needs, the ability of the Company to identify satisfactory distribution networks, the ability of the Company to develop internally or identify externally high quality cost effective manufacturing capabilities for the products, general product development and commercialization difficulties, and the level of interest existing and potential new customers may have in new products and technologies generally.
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