Perceptron Receives Order for 24 AutoGauge® In-Line

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
85
Perceptron Receives Order for 24 AutoGauge® In-Line Systems with New AccuSite™ Technology

PLYMOUTH, Mich., Aug. 27, 2018 (GLOBE NEWSWIRE) -- Perceptron, Inc . (NASDAQ: PRCP ), a leading global provider of 3D automated metrology solutions and coordinate measuring machines, today announced an order of 24 AutoGauge ® systems with AccuSite™ technology for the accurate, in-line measurement of closure panels by a premium global automotive manufacturer.

“These 24 AutoGauge ® systems utilize Perceptron’s latest AccuSite™ optical tracking technology and Helix ® evo 3D scanning sensor to remove the robot’s limited accuracy from the system performance.  An absolute accurate system eliminates the need to perform expensive and time-consuming data correlation events with other devices, providing accuracy to the operator on the first part for making critical high-speed, data-driven decisions,” said Rick Van Valkenburg, Vice President Global Sales and Marketing for Perceptron.

Perceptron has combined over 30 years of metrology and manufacturing experience to create a truly absolute, correlation-free robotic measurement solution. As the Helix ® evo sensor scans various features on the closures, the AccuSite™ tracker instantly locates the sensor and records its exact location and orientation in space. The AccuSite™ option only requires the robot to be a simple mover and eliminates all mechanical drift and temperature influence from the measurement results, without markers or other part preparation.

Van Valkenburg added, “We have received many requests from our customers around the globe for this add-on solution, and are in the process of installing the first six of these systems in Europe. AutoGauge ® with AccuSite™ will provide high value part inspection, optimizing the customer’s vehicle launch and continuing to increase ROI throughout the vehicle lifecycle with auditing, troubleshooting, and process monitoring.”

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, 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.  Whenever possible, we have identified these forward-looking statements by words such as “target,” “will,” “should,” “could,” “believes,” “expects,” “anticipates,” “aspirations,” “estimates,” “prospects,” “outlook,” “guidance” or similar expressions.  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 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 and of our Quarterly Reports on Form 10-Q.  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
investors@perceptron.com 

Scroll down for more posts ▼

Top 10 Most Recent News Articles

IEHP's Wellness Center Launch Faces Delay in California

Updated Category News Views 104

Unexpected Delay for IEHP's Community Hub Straight outta Rancho Cucamonga, we've got some news that'll have folks in San Bernardino holding their breath a little longer. The Inland Empire Health Plan (or IEHP if you're part of the 1.4 million served by them) had folks pumped for their new Community Wellness Center. But guess what? They had to slam the brakes on the grand...

Continue Reading
HONGQI's EHS4 Launch in Europe: Bridging East and West

Updated Category News Views 116

Revving Up a New Chapter: HONGQI in Venice There's a new player in the European automotive scene, and it's rolling in with more style than a Venetian gondola. HONGQI, a name that's been turning gears in China since '58, is packing its suitcases full of Eastern elegance and landing straight in Venice with the all-electric EHS4. On November 16, the brand is set to unveil...

Continue Reading
EFICYENT Ventures to Connect at Singapore FinTech Fest

Updated Category News Views 160

Why the Singapore FinTech Festival Matters The world's hardly a stranger to hype, but the Singapore FinTech Festival carries some real weight. From November 18 to 20, 2026, this gig isn't just industry chatter—it's a high-stakes convergence of policymakers, financial institutions, fintech innovators like EFICYENT, and the money folk looking to mold the future of...

Continue Reading
Novo's CagriSema Trial Shows Promising Obesity Results

Updated Category News Views 244

Novo's Latest Weight Loss Gamble Well, look what we have here. Novo Nordisk is shaking up the obesity treatment scene with some bold numbers from their REDEFINE 9 trial. The investigational CagriSema combo of amylin analog and GLP-1 receptor agonist has churned out an eyeball-popping near 21% weight loss. For context, we're staring down the barrel of numbers far meatier...

Continue Reading
SmallRig Boosts Art-Driven Innovation in AI Era

Updated Category News Views 148

The Interplay of Art and AI In a world where the lines between man and machine blur faster than ever, creators like SmallRig are boldly asking: what role should authenticity play when AI takes the stage? The Shenzhen International Art Museum and SmallRig stood shoulder to shoulder, tackling this head-scrambling question with a global gathering of art and tech giants. It's...

Continue Reading
Retirement Dreams Dashed: 61% Withdraw Early

Updated Category News Views 183

Retirement Caught in the Crosshairs Just when you think the path to retirement might clear up, life slaps down older workers with economic reality. A recent LiveCareer survey underscores this financial mess, revealing that 61% of those 50 and older are raiding their own retirement funds to make ends meet. It's enough to make one's head spin. Inflation: The Unwanted Guest...

Continue Reading
WeaveGrid Powers EVConnectNC: Charging Incentives Launched

Updated Category News Views 119

Transforming Utilities with EVConnectNC In a fresh move by WeaveGrid, North Carolina's Electric Cooperatives have teamed up to roll out EVConnectNC. This innovative program aims to manage the burgeoning demand for electric vehicle (EV) charging in rural and suburban areas under North Carolina's cooperative umbrella. Think of it as a smart way to handle new loads without...

Continue Reading
Advanta's Game-Changer: Acquiring Misr Hytech to Expand in Africa

Updated Category News Views 218

Advanta's Strategic Move into Africa Alright, let's cut to the chase. Advanta is making a big splash with its acquisition of Misr Hytech, a move that's going to shake things up in Africa's agricultural sector. This isn't just another merger to gloss over with your morning coffee. We're talking about a deal that's supposed to wrap up by January 31, 2027, bringing together...

Continue Reading
AppLovin Legal Woes: A Deep Dive into Investor Claims

Updated Category News Views 178

AppLovin Faces Legal Heat and Market Scrutiny Bitter truth has a way of crashing like a wave, and AppLovin (NASDAQ: APP) is feeling the brunt of it. Now knee-deep in a securities class action, the firm’s been accused of selling fairy tales about its AI capabilities, leaving investors clutching at substantial losses. If you’ve been banking on their promises between...

Continue Reading
Uber Data Breach: Class Action Investigation Begins

Updated Category News Views 74

When Tech Meets Trouble: Uber's Data Breach Picture this: the hum of Uber rides weaving through your city, drivers none the wiser that personal info has been pried from the vaults thanks to their tech partner, Fireworks AI. Uber, folks, is in hot water once again. This isn’t just another tech hiccup; it's a legal whirlwind brewing up courtesy of Edelson Lechtzin LLP, a...

Continue Reading

Top 5 Most Recently Viewed Articles

XPENG Introduces Next-Gen P7 Sports Sedan with Dynamic Design

Updated Category News Views 235

XPENG Unveils the All-New P7 Sports Sedan XPENG has recently captured the attention of the automotive industry by unveiling the first images of its next-generation P7 sports sedan, a stunning evolution of its well-respected electric vehicle. This latest model embodies a daring and emotionally resonant design, continuing the company's commitment to excellence in the...

Continue Reading
Millicom Enhances Shareholder Value Through Repurchase Program

Updated Category News Views 132

Millicom's Share Repurchase Initiative Millicom, a leading telecommunications provider known for its dedication to enhancing shareholder value, recently launched a share repurchase program. This initiative, announced on a significant date, sets the stage for Millicom to strengthen its financial position and reward its investors more effectively. Details of the Share...

Continue Reading
TransformativeMed Embraces AI with Strategic Vantiq Alliance

Updated Category News Views 134

TransformativeMed Forms Strategic Partnership with Vantiq TransformativeMed Now Positioned as Go-To Platform for Intelligent Systems and AI Leadership TransformativeMed, known for its exceptional CORES Platform, has established a strategic collaboration with Vantiq, a global leader in real-time AI and intelligent systems platforms. This partnership aims to position...

Continue Reading
Exciting Development Announced for The Row in Austin, Texas

Updated Category News Views 520

The Row's Ambitious Next Steps The Row, an innovative mixed-use development, is on the brink of a transformative phase, focusing on enriching the far southeast area with vibrant retail, dining, and hotel options. This community-driven effort aims to elevate the quality of living for residents while creating a bustling hub for visitors. New Name, New Vision Previously...

Continue Reading
Exploring the Future of Carbon Capture and Storage Technologies

Updated Category News Views 200

Introduction to Carbon Capture Technologies The carbon capture, utilization, and storage (CCUS) market offers an exciting glimpse into the future of energy sustainability. As the world increasingly confronts the challenges of climate change, new innovations in CCUS are becoming vital. Experts anticipate that this market will expand significantly, with projections...

Continue Reading