Plymouth, Michigan, October 26, 2011 - Perceptron, Inc. (NASDAQ:PRCP) is celebrating its 30-year anniversary in October as the global leader in non-contact measurement and inspection solutions in the automotive industry.
Perceptron was founded in 1981 with the vision of creating a non-contact, 100% measurement solution capable of being deployed in industrial environments. That vision resulted in an innovative solution that not only allowed fast and efficient containment of manufacturing issues, but also enabled the reduction of process variation on a large scale.
Since those pioneering days, Perceptron has successfully built on that strong foundation by continuing to introduce groundbreaking technology into the manufacturing marketplace, expanding its global presence into over 14 countries, and establishing a Commercial Business Unit that develops and manufactures a variety of handheld visual inspection devices and add-on accessories for professional tradespeople.
"We are thrilled to celebrate this significant milestone in our company's history, but at the same time we realize that this achievement would not have been possible without all of the dedicated Perceptron employees, customers, partners, and shareholders who helped us along the way," commented Harry Rittenour, Perceptron's President and Chief Executive Officer. "Their loyalty, integrity, and commitment are what we commemorate today."
Presently, Perceptron's Industrial Business Unit is in the process of introducing its Helix(TM) 3D metrology solution, a breakthrough in the world of inspection and dimensional gauging. "We believe that the future holds a lot of new opportunities for Perceptron and we look forward with anticipation to the next 30 years of innovation," added Rittenour.
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 230 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.