Perceptron Announces $0.15 Per Share Annual Dividend

Perceptron Announces $0.15 Per Share Annual Dividend 
PLYMOUTH, MI -- (Marketwired) -- 05/21/14 --  The Board of Directors
of Perceptron, Inc. (NASDAQ: PRCP) today declared an annual dividend
of $0.15 per share of common stock to be paid on June 26, 2014 to
shareholders of record on June 5, 2014. This dividend represents the
second year of declaring an annual dividend. 
Richard Marz, Chairman of Perceptron's Board of Directors commented,
"We believe that offering a meaningful dividend continues to
demonstrate our commitment to increasing shareholder value. As a
Board, we believe that providing a cash return to investors via an
annual dividend also expresses our continued confidence in the future
of Perceptron." 
Jeff Armstrong, President and CEO of Perceptron, added, "As
previously announced, for fiscal year 2014 we expect reasonable
profitability and free cash flow, and with our strong cash position,
we felt it was appropriate to again provide shareholders with an
added return on their investment in Perceptron. As we move forward on
multiple initiatives to grow and diversify our business, we will
continue to review how best to deploy capital to provide the best
overall return for our shareholders." 
About Perceptron(R) 
 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. For more information, please visit 
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 as to its
future dividend payments, its operating results and free cash flow
for fiscal year 2014 and its long-term growth 
objectives. 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. 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 reports filed with the Securities and Exchange Commission,
including those listed in "Item 1A - Risk Factors" of the Company's
Annual Report on Form 10-K for fiscal 2013. The Company's Board of
Directors may change the Company's dividend policy and dividend
amounts at any time, or discontinue the payment of dividends
altogether, due to a number of factors, including covenants in the
Company's credit agreement requiring the prior approval of dividends
by the Company's bank, the Company's levels of available capital, the
Company's future operating results, or the determination to use or
reserve the Company's cash resources for other purposes. Other
factors not currently anticipated by management may also materially
and adversely affect our financial condition, liquidity or results of
operations. 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
Keith R. Marchiando
Vice President of Finance and CFO
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