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Mon, November 23, 2009

Perceptron's(R) ScanWorks(R) xyz Enhances 3-Axis Machines With 3D Scanning


Published on 2009-11-23 06:09:05 - Market Wire
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PLYMOUTH, MI--(Marketwire - November 23, 2009) - Perceptron, Inc. (NASDAQ: [ PRCP ]), a leading provider of information-based process improvement solutions for non-contact measurement and inspection applications, today announced the release of ScanWorks® xyz, a 3D scanning solution designed for retrofitting 3-axis machines.

ScanWorks® xyz features all of the components required to add non-contact scanning capability to 1-, 2- or 3-axis coordinate measuring machines (CMMs), computer numerical controls (CNCs) and layout machines. While the machine sweeps the sensor over the part, the sensor emits a laser line and captures a digital representation of the part at a rate of 23,000 points a second. Simultaneously, the machine and sensor's x, y and z positions are tightly synchronized in proprietary software. The end result is a highly accurate cloud of points that can be used for reverse engineering, virtual assembly, engineering analysis, feature and surface inspection or rapid prototyping.

"ScanWorks® xyz offers substantial improvements in the way 1- to 3-axis machines are utilized. We believe it saves end users capital by expanding the usefulness of their existing equipment, and it drastically increases their throughput by scanning more parts in less time," commented Mark Hoefing, Perceptron's Senior Vice President - Industrial Business Unit.

The ability to scan with a 3-axis machine is not new technology, but the ability to cost effectively retrofit an existing machine with non-contact scanning is a breakthrough. Before ScanWorks® xyz, these machines would require an expensive overhaul to incorporate scanning technology. With the addition of a sensor, electrical interface, a few cables and software, the operator will have full scanning capability at a fraction of the cost of a complete upgrade.

Mr. Hoefing added, "We see thousands of CMMs in manufacturing facilities that are being underutilized because the quality control department cannot budget for an expensive upgrade or a new CMM with scanning capability. Most CMMs are structurally sound and viable movers for laser sensors. We introduced ScanWorks® xyz at our Value Added Reseller Conference in Thailand recently and received extremely positive feedback."

For more information on ScanWorks® xyz or Perceptron, please call John McDermott at +1 (734) 414-4786.

About Perceptron®

Perceptron develops, produces, and sells non-contact measurement and inspection solutions for industrial and commercial applications. The products from the Company's Industrial Business Unit (IBU) 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 overall manufacturing costs. IBU also offers Value Added Services such as training and customer support services. Perceptron's Commercial Products Business Unit (CBU) develops and manufactures a variety of handheld visual inspection devices and add-on accessories for professional tradesmen that are sold to and marketed through strategic partners. Headquartered in Plymouth, Michigan, Perceptron has approximately 220 employees worldwide, with operations in the United States, Germany, France, Spain, Brazil, Japan, Singapore, China and India.

For more information about Perceptron, 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 ability to develop and introduce new products and the Company's expectation as to the timing of revenue and net income increases from new products which the Company has not yet released. 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 2009. 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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