Perceptron Announces Sub 10mm Imager Products for Its Commercial Products Business
2008-07-16 15:24:00
PLYMOUTH, MI–(EMWNews – July 16, 2008) – Perceptron, Inc. (
announced that it has begun shipment of a new line of imager heads that are
smaller than 10 millimeters (mm) for the vision technology tools it
supplies to its strategic partners. The imager heads are up to 50% smaller
than the 17 mm imager heads that the Company initially developed for its
first vision technology tool. They allow for inspection and access into
much smaller openings and should be of great assistance to skilled trades
people, technicians and Do It Yourself (DIY) purchasers who require this
feature.
End users will now have access to affordable accessories that will fit onto
the current products sold in the market. In addition, these imagers will
create complete new models to be sold for small opening, live video picture
viewing in virtually any application. The imagers are waterproof and
electric shock resistant. The smaller imager heads are made of anodized
aluminum for increased durability and are typically mounted on three foot
to six-foot long flexible cables.
“Developing the capability to fit a camera, Light Emitting Diodes (LEDs),
and other proprietary technologies into much smaller heads means the
potential uses for our vision technology tools will increase
significantly,” said Harry Rittenour, Perceptron’s President and CEO.
Mr. Rittenour continued, “In other product news, our first commercial
product offering at Perceptron, the Ridgid® SeeSnake® micro™ was
named Plant Engineering magazine’s product of the year for 2007 and was
also a 2008 Dealer Design Award, GOLD winner. Perceptron continues to
investigate additional new opportunities for vision and technology tools
and has a series of commercial products and accessories of increasing
sophistication that we intend to introduce through our strategic partners
in future months.”
About Perceptron
Perceptron develops, produces, and sells non-contact measurement and
inspection solutions for industrial and commercial applications. The
Company’s Automated Systems 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.
Perceptron’s Technology Products provide innovative solutions for scanning
and inspection, serving industrial, trade and consumer applications.
Headquartered in Plymouth, Michigan, Perceptron has approximately 240
employees worldwide, with operations in the United States, Germany, France,
Spain, Brazil, Japan, Singapore and China. 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 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, 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.
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