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PERCEPTRONICS' NEW CACE/PM SOFTWARE

 WOODLAND HILLS, Calif., June 14 /PRNewswire/ -- Perceptronics (NASDAQ: PERC) announced today that it was introducing its new CACE/PM software package for process modeling and simulation at the June 1993 Design Automation Conference (DAC) in Dallas, and that the product represents an early example of defense conversion in action.
 "The new CACE/PM software package by Perceptronics is an excellent example of how advanced defense R&D can be converted to viable commercial products through Government/Industry cooperation," said Dr. Gershon Weltman, company chairman and chief executive officer. "This innovative product shows clearly the potential benefits of such a forward-looking government policy."
 CACE/PM is the first software tool for Electronic Design Automation (EDA) that gives users the full ability to model, simulate and analyze a variety of different product development processes in terms of schedules and timelines, budgets, resource requirements, resource utilization times and costs, and activity flows -- the elements essential for an effective concurrent
engineering strategy. CACE/PM lets users reduce product development time and costs through better visualization of current processes and simulation-based analysis of improvement options.
 The advanced CACE( software technology (for Computer Aided Concurrent Engineering), on which the CACE/PM package is based, is being developed by Perceptronics under a series of applied development projects funded by the Advanced Research Projects Agency (ARPA). Initial applications are in the design and manufacture of Multichip Modules (MCM) and Infrared Focal Plane Arrays (IRFPA), both important components of modern military systems.
 A prototype CACE/PM package was shown at the June 1992 DAC in Anaheim, and was very well received. The alpha version was released in January 1993, and performed outstandingly. The production version will be marketed directly by Perceptronics and also through distribution arrangements with other EDA companies.
 CACE/PM was produced by a team of highly talented software developers working under the creative supervision of Dr. Azad Madni, executive vice president of R&D and chief technical officer, and Dr. Amos Freedy, president and chief operating officer. Madni and Freedy are internationally renowned as simulation experts, and have been responsible for a long series of successful Perceptronics simulation programs.
 "Perceptronics is a relatively small company," said Weltman. "So the R&D funding from ARPA was essential to our developing the sophisticated CACE technology. But use of our independent resources, and help from Industry leaders was necessary for us to commercialize the product for the EDA Industry. Such combination of Government and Industry support benefits all parties: DoD gets the technology it needs to build its advanced systems; industry gets the use of the advanced R&D, and companies such as Perceptronics get the chance to increase shareholder value and improve the U.S. balance of payments deficit.
 "We plan to continue our defense conversion activities to expand the CACE product line," added Weltman. "Our near-term objective is to complete development and productization of our leading-edge CACE/DMS software for management of the entire concurrent engineering design and development process. This product -- which we also previewed to accolades at the 1992 DAC -- could have a significant impact on the EDA market and beyond. We believe Perceptronics can build on the succesful introduction of CACE/PM to become a major player in the large and growing electronic systems automation field."
 Perceptronics is engaged in research and development, manufacturing and marketing of computer-based simulation software and systems for military and commercial training and decision support.
 -0- 6/14/93
 /CONTACT: Dr. Gershon Weltman, chairman and CEO of Perceptronics, 818-884-7470/
 (PERC)


CO: Perceptronics ST: California IN: CPR SU: PDT

MF -- LA021 -- 1695 06/14/93 13:30 EDT
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Date:Jun 14, 1993
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