Perceptron(R) Wins Second Strategic Helix(TM) Order From Japanese OEM

Perceptron(R) Wins Second Strategic Helix(TM) Order From Japanese OEM 
PLYMOUTH, MI -- (Marketwired) -- 09/23/13 --  Perceptron, Inc.
(NASDAQ: PRCP), a leading provider of information-based process
improvement solutions for non-contact measurement and inspection
applications, today announced that it has received a second Helix
order from a Japanese Original Equipment Manufacturer ('OEM') for
in-line dimensional gauging. The first order from this customer was
for a system at a manufacturing plant in the United Kingdom and was
received in May 2013. This new order is for a manufacturing facility
located in China.  
Harry T. Rittenour, Perceptron's President and CEO, said, "As I
mentioned in our fourth quarter and fiscal year 2013 earnings call,
this is significant for our company as it represents a follow-on
order from this particular Japanese manufacturer and utilizes our
Helix hardware and software platform. The first customer order was
what we refer to as a 'hybrid' system because it utilized robot
mounted Helix sensors to measure dimensional features on the car body
and fixed Tri-cam sensors to 'optically' locate the part using our
Visual Fixturing technology. This new order is also a hybrid system,
utilizing both fixed and robot mounted sensors, but in this case all
of the sensors are Helix."  
JP LaForest Perceptron's Managing Director for Asia added, "Our Helix
technology, and our Teams located in Japan, the U.S. and China, all
played an important part in winning this order. Installation of the
second order is expected to begin in approximately December of this
year. We continue to work closely with our customer and are hopeful
that successful installations of these two orders will lead to future
business with this particular OEM." 
About Perceptron
 Perceptron develops, produces, and sells
non-contact measurement and inspection solutions for industrial
applications. The Company's products provide solutions for
manufacturing process control as well as sensor and software
technologies for non-contact measurement and inspection applications.
Automotive and manufacturing companies throughout the world rely on
Perceptron's metrology solutions to help them manage their complex
manufacturing processes to improve quality, shorten product launch
times and reduce the costs associated with variation in the
manufacturing process. Perceptron also offers Value Added Services
such as training and customer support services. Headquartered in
Plymouth, Michigan, Perceptron has approximately 235 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
2012, 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. 
Company Contact:
Perceptron, Inc.
Mark Hoefing
(734) 414-4680 
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