Perceptron Launches Smart3D(TM) Laser Scanning System Revolution in Automatic Reverse Engineering

PLYMOUTH, MI -- (Marketwired) -- Mar 06, 2015 -- Perceptron, Inc. (NASDAQ: PRCP) today announced the launch of SMART3D, a laser scanning system that represents a productivity breakthrough for the reverse engineering and modeling sectors.

Jeffrey M. Armstrong, chief executive officer of Perceptron, stated, "Perceptron has been a leader and innovator in the field of 3D laser scanning in the automotive sector for more than 30 years offering global support for metrology equipment that is used in the most demanding of industrial applications. The SMART3D product launch extends our position into the broader scanning and reverse engineering sector. SMART3D is the first in a series of innovative, cost-efficient products we plan to launch with our renewed focus and commitment to gaining a leadership position in this fast growing market."

The SMART3D system offers a fully integrated automatic rotary table and intuitive easy to use SCANWORKS® STUDIO Software. A simple teach and repeat process allows scanning of repetitive parts using the 'Auto Rescan' Feature. The accuracy of the acquired dataset is significantly enhanced over equivalent data acquired using manually operated scanning systems.

From arrival at a scanning location the portable SMART3D system can be fully operational in less than 15 minutes. The overall scanning volume is compatible with the volume of most 3D printers. The scanned dataset is streamed real-time into the accompanying Perceptron SCANWORKS STUDIO data collection software with automatic full 3D STL model creation and can also be used with all major third party point cloud and 3D printing software.

The SMART3D System automatically provides 3D polygonised models for reverse engineering, 3D printing or graphical web content. It also can be used for the verification of production parts against nominal part geometry data.

SMART3D incorporates Perceptron's patented HELIX smart scanning sensor technology, which is used extensively throughout the global automotive industry for in-process laser scanning of car bodies for dimensional stability and gap and flush measurement. HELIX incorporates MEMS technology and the world's first programmable laser scanner. All scanning motion is contained within the HELIX smart scanning sensor, which dramatically improves quality of scanned data while maintaining a volumetric accuracy down to 50 microns. The use of a coherent laser light source in the HELIX provides a larger dynamic range allowing scanning of multiple colors and finishes.

About Perceptron
Perceptron (NASDAQ: PRCP) supplies 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. Automotive, aerospace and other manufacturing companies globally rely on Perceptron's metrology solutions to assist in managing their complex manufacturing processes to improve quality, shorten product launch times and reduce costs. More than 900 systems and 12,000 Perceptron measuring sensors are in active daily use worldwide.

Headquartered in Plymouth, Michigan, Perceptron has approximately 360 employees worldwide, with operations in the Brazil, China, Czech Republic, France, Germany, India, Italy, Japan, Singapore, Spain and the UK. 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 release of this new product. 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. 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.

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Media Inquiries: 
Allan G. Hall 
Manager 
Hall Industrial Publicity, Inc. 
1261 Romney Road 
Bloomfield Hills, MI 48304. 
Tel: (248) 705-8272 
Fax: (248) 645-0906 

alhall@industrialpublicity.com 

Technical Inquiries:
John McDermott 
Product Line Manager
Perceptron, Inc.
47827 Halyard Drive
Plymouth, Michigan 48170
Tel: (734) 414-6100
Fax: (734) 414-4700

jmcdermott@perceptron.com

Investor Contact: 
Heather Wietzel
Lambert, Edwards & Associates 

investors@perceptron.com
+ (616) 233-0500 


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