SOURCE: Perceptron, Inc.

Perceptron, Inc.

September 15, 2011 09:20 ET

Perceptron® and ROTHENBERGER USA, LLC Launch New ROSCOPE™ 500 to the US Market

PLYMOUTH, MI--(Marketwire - Sep 15, 2011) - Perceptron, Inc (NASDAQ: PRCP) announced today its customer ROTHENBERGER USA, LLC ("Rothenberger") launched its new ROSCOPE™ 500 handheld video inspection device into the US market.

The ROSCOPE™ 500 is the newest product in Rothenberger's line of professional grade inspection cameras and can effortlessly navigate through a standard 1½-inch P-Trap, one of the toughest challenges for optical plumbing devices.

The ROSCOPE™ 500 provides end-users with a wide range of features such as virtually unlimited picture capture capability, image rotation, and a 4-foot long 14mm diameter imager. With its small, 14mm diameter imager, unique contour design, and obedient cable, the ROSCOPE™ 500 provides for effortless navigation through the majority of plumbing situations.

"Our customers asked us to develop a product that they could use to easily maneuver through P-Traps," said Chera Ellis, Vice President and General Manager of Rothenberger USA, LLC. "I believe the ROSCOPE™ 500 will not only meet their needs, but exceed their expectations."

"We are pleased to support Rothenberger with the launch of the new ROSCOPE™ 500 adding to the diverse mix of products they already offer in the US market," said Richard Price, Senior Vice President of Perceptron's Commercial Products Business Unit.

"I am very pleased to see that Rothenberger USA will be using our technology in the ROSCOPE™ 500," said Harry T. Rittenour, Perceptron President and CEO. "We are excited to see how their customers react to this extraordinary product."

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 230 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 markets worldwide. Rothenberger USA, LLC a joint venture with Greenlee, a Textron company, both sells to and services the North American plumbing market, and is located at 4455 Boeing Drive, Rockford, IL 61109. www.rothenberger-usa.com, phone (800) 545-7698, 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 2010, 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.

Contact Information

  • Company Contact:
    Richard Price
    Senior Vice President, Commercial Products
    734-414-6100