Science & Technology
Science and Technology
Science and Technology
Tue, July 13, 2010
Mon, July 12, 2010
Perceptron Announces Rothenberger and Roscope(R) 1000 Product Launch
PLYMOUTH, MI--(Marketwire - July 12, 2010) - Perceptron, Inc. (
Richard Price, Vice President of Perceptron's Commercial Products Business Unit, commented, "It is a pleasure to announce Rothenberger, a prestigious global market leader in the plumbing sector, as our strategic customer in the plumbing vertical. Since signing our agreement we have been working hard with Rothenberger to develop an exciting new visual inspection product for Rothenberger's next generation of Roscope® inspection devices, culminating in the recent launch of the Roscope® 1000. The rugged industrial Roscope® 1000, with Perceptron's patented Up is Up™ visualization technology, backward compatibility with previous Rothenberger imagers and future-ready expansion capabilities marks a step change in affordable, high functionality plumbing inspection devices."
Dr. Helmut Rothenberger, President and CEO of ROTHENBERGER AG, added, "The strategic cooperation between ROTHENBERGER and PERCEPTRON created the all new ROSCOPE® 1000, which will lift the standards of pipe inspection to a new dimension. The entire team of ROTHENBERGER, including in the North American market ROTHENBERGER USA LLC, will do the utmost possible to make the ROSCOPE® 1000 a world success."
Harry T. Rittenour, Perceptron President and CEO, commented, "I am very pleased to be able to name our new customer, Rothenberger, as they launch the Roscope® 1000 into the marketplace. This launch is a testimony to the close intercompany cooperation and hard work put forth by the entire team that enabled us to begin shipments of a new generation of product in six months from signing our supply agreement."
About Perceptron
Perceptron develops, produces, and sells non-contact measurement and inspection solutions for both industrial and commercial applications. The Company's Commercial Products Business Unit (CBU) develops and manufactures a variety of handheld visual inspection devices and add-on accessories that are sold to and marketed through strategic partners. CBU's products allow professional trades-people to see in restricted places and diagnose and solve problems without requiring time consuming and unnecessary tear out or disassembly. The Industrial Business Unit's (IBU) 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 overall manufacturing costs. IBU also offers Value Added Services such as training and customer support services. 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, please visit [ www.perceptron.com ].
About Rothenberger
For over 60 years ROTHENBERGER has developed, produced and sold the most comprehensive line of pipe tools, pipe devices and pipe machines for the plumbing, heating, air-conditioning and refrigeration market worldwide. Headquartered in Kelkheim, near Frankfurt Germany, ROTHENBERGER has over 1500 employees in 11 factories and more than 40 sales and marketing companies worldwide. The all new ROTHENBERGER TEC-Center with state-of-the-art training, development, service and manufacturing facilities enhances and supports the Company's continuous efforts to maintain and expand its leading market position for high quality premium pipe tools.
For more information about ROTHENBERGER, please visit [ www.rothenberger.com ]. In the North American market, ROTHENBERGER is represented by ROTHENBERGER USA LLC, 4455 Boeing Drive, Rockford, IL 61109, website: [ www.rothenberger-usa.com ], phone 815 387-94981, fax 815 397-8289.
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, expand into new vertical markets and successfully negotiate new sales or supply agreements with new customers. 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 2009, the dependence of the Company's net income levels on increasing revenues, the timing of orders and shipments which can cause the Company to experience significant fluctuations in its quarterly and annual revenue, order bookings, backlog and operating results, timely receipt of required supplies and components which could result in delays in anticipated shipments, 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.
