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PERCEPTRON ANNOUNCES $1.2 MILLION FORD INSTALLATION

 FARMINGTON HILLS, Mich., June 25 /PRNewswire/ -- Perceptron, Inc. (NASDAQ Small Cap Market: PRCP), a leading 3-D imaging solution company, announced today that Progressive Tool & Industries Co. (PICO) has granted orders totaling $1,210,000. The orders include three Perceptron 1000 laser-based measuring systems and the software capability for networked reporting. The systems, which will be delivered over the next four months, are to be incorporated in a Ford Motor Company (NYSE: F) assembly line.
 "This is our second-largest installation to date at Ford, and it represents the continuation of the strong relationship between Ford, PICO and Perceptron," said Dwight D. Carlson, Perceptron's president and CEO. "The order marks Perceptron's continuous success with the Big Three automotive companies in North America."
 Perceptron's P1000 process measurement systems are used not only by Ford but also by other large manufacturers such as General Motors and Chrysler in North America, as well as Audi, BMW, Fiat, Mercedes-Benz, Volkswagen and Volvo in Europe. For the fiscal year ended Dec. 31, 1992, Perceptron revenues totaled $14.5 million and net income was $1.8 million, or $0.57 per share.
 Perceptron is a leading 3-D imaging solutions company which develops and markets non-contact measurement and guidance systems. Its laser- based datacameras, image-producing hardware and proprietary software are used in object recognition, measurement, guidance and inspection applications. Perceptron products are marketed in North America, Europe and Asia.
 -0- 6/25/93
 /CONTACT: Dwight D. Carlson, president and CEO, or Joseph Ben-Gal, vice president finance and CFO of Perceptron, Inc., 313-478-7710/
 (PRCP)


CO: Perceptron, Inc.; Ford Motor Company ST: Michigan IN: CPR SU:

DD -- DE001 -- 5620 06/25/93 09:13 EDT
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Publication:PR Newswire
Date:Jun 25, 1993
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