Press Release

Perceptron Introduces Helix®evo 3D Scanning Sensor Family

Built for the Plant Floor

Company Release - 10/18/2017 4:30 PM ET

PLYMOUTH, Mich., Oct. 18, 2017 (GLOBE NEWSWIRE) -- Perceptron, Inc. (NASDAQ:PRCP), a leading global provider of 3D automated metrology solutions and coordinate measuring machines, today announced its latest 3D scanning sensor family, Helixevo, for in-line and near-line applications.

Helixevo takes scanning to the next level, improving performance through faster measuring and increased overall system robustness. Inside the IP67 rated housing, Helixevo utilizes a green laser to measure the multitude of materials used in today’s manufacturing, such as chrome, aluminum, sheet metal, and painted surfaces. Its best-in-class scan acquisition provides accurate feature extraction along with the pristine scan quality required for form analysis. Helixevo also uses a single Power over Ethernet cable which reduces the number of auxiliary components required, and is designed for fast and accurate measurement on the plant floor.

Dave Watza, President and CEO, commented, “Helixevo is a significant evolution in our Helix sensor family, providing vastly improved point clouds and plant-hardened build quality. Helixevo provides the data our customers need for quick, real-time resolutions, whether the root cause of their quality challenge comes from their assembly or stamping process.”

Over the next several months, Perceptron will be installing Helixevo systems on the plant floors of three key customers.

Perceptron will have two Helixevo systems on display in booth #507 at the Quality Show in Chicago, which begins on October 24.

About Perceptron

Perceptron (NASDAQ:PRCP) 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 and the risks and uncertainties discussed from time to time in our periodic reports filed with the Securities and Exchange Commission, including those listed in “Item 1A – Risk Factors” of our Annual Report on Form 10-K for fiscal 2017.  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.

Company Contact:
Investor Relations
Perceptron, Inc.
(734) 414-6100

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Source: Perceptron, Inc.