EXHIBIT 99.1



[PERCEPTRON LETTERHEAD]

Contact: John J. Garber
Vice President of Finance and CFO
734 414-6100


                  PERCEPTRON ANNOUNCES STOCK REPURCHASE PROGRAM


PLYMOUTH, MICHIGAN, AUGUST 10, 2004 -- PERCEPTRON, INC. (NASDAQ: PRCP) today
announced that its Board of Directors has approved a program to purchase shares
of its common stock during Fiscal Year 2005.

The Board approved a sum of up to $2.0 million to be used for this purpose. The
Company may buy shares of its Common Stock on the open market or in privately
negotiated transactions from time to time, based on market prices. This program
may be discontinued at any time.

Alfred A. Pease, Chairman, President and Chief Executive Officer, commented,
"This action taken by Perceptron's Board of Directors reflects continued
confidence in the Company, its markets, its products, and its future potential."

About Perceptron
Perceptron produces information-based process improvement solutions for industry
as well as technology components for non-contact measurement and inspection
applications. Automotive and manufacturing companies throughout the world rely
on Perceptron's process management solutions to help them improve quality,
shorten product launch times and reduce overall manufacturing costs.
Headquartered in Plymouth, Michigan, Perceptron has approximately 215 employees
worldwide, with facilities in the United States, Germany, Netherlands, France,
Brazil, and Japan. 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 impact
of repurchases of the Company's Common Stock. 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, the
dependence of the Company's revenue on a number of sizable orders from a small
number of customers, the timing of orders and shipments which can cause the
Company to experience significant fluctuations in its quarterly and annual
revenue and operating results, timely receipt of required supplies and
components which could result in delays in anticipated shipments, general
product demand and market acceptance risks, the ability of the Company to
successfully compete with alternative and similar technologies, the timing and
continuation of the Automotive industry's retooling programs, including the risk
that the Company's customers postpone new tooling programs as a result of
economic conditions or otherwise, 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, general product
development and commercialization difficulties, 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, the level of interest existing and potential new customers may have in
new products and technologies generally, rapid or unexpected technological
changes, the effect of economic conditions, particularly economic conditions in
the domestic and worldwide Automotive industry, which has from time to time been
subject to cyclical downturns due to the level of demand for, or supply of, the
products produced by companies in this industry.



                               [PERCEPTRON LOGO]


47827 Halyard Drive - Plymouth, Michigan 48170 - Phone 734-414-6100 -
Fax 734-414-4700



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The Company's expectations regarding future bookings and revenues are
projections developed by the Company based upon information from a number of
sources, including, but not limited to, customer data and discussions. These
projections are subject to change based upon a wide variety of factors, a number
of which are discussed above. Certain of these new orders have been delayed in
the past and could be delayed in the future. Because the Company's products are
typically integrated into larger systems or lines, the timing of new orders is
dependent on the timing of completion of the overall system or line. In
addition, because the Company's products have shorter lead times than other
components and are required later in the process, orders for the Company's
products tend to be given later in the integration process. Because a
significant portion of the Company's revenues are denominated in foreign
currencies, and are translated for financial reporting purposes into U.S.
Dollars, the level of the Company's reported net sales, operating profits and
net income are affected by changes in currency exchange rates, principally
between U.S. Dollars and Euros. Currency exchange rates are subject to
significant fluctuations, due to a number of factors beyond the control of the
Company, including general economic conditions in the United States and other
countries. Because the Company's expectations regarding future revenues,
operating profits and net income are based upon assumptions as to the levels of
such currency exchange rates, actual results could differ materially from the
Company's expectations.



                               [PERCEPTRON LOGO]



47827 Halyard Drive - Plymouth, Michigan 48170 - Phone 734-414-6100 -
Fax 734-414-4700