Perficient Renews Partnership with Latin American Robot Building Team RioBotz, Announces Multi-Year Agreement

Rhea-AI Summary

Perficient (Nasdaq: PRFT) announced an extension of its partnership with Brazilian robot team RioBotz and their fighting robot Minotaur for the upcoming BattleBots competition. This multi-year agreement positions Perficient as the primary partner, aiming to promote STEM fields and career opportunities. Last season, Minotaur performed exceptionally, reaching the quarterfinals in the BattleBots World Championship. The new season will begin airing in early 2023, with both teams eager to showcase enhancements to Minotaur.

Positive

• Renewed partnership with RioBotz strengthens Perficient's branding in STEM.
• Minotaur's past performance in BattleBots enhances visibility and reputation.
• Multi-year agreement suggests long-term commitment and investment in marketing.

Negative

• None.

Perficient’s Fighting Robot ‘Minotaur’ to Return to 2022-2023 BattleBots Competition on Discovery Channel

ST. LOUIS--(BUSINESS WIRE)--

Perficient, Inc. (Nasdaq: PRFT) (“Perficient”), the leading global digital consultancy transforming the world’s largest enterprises and biggest brands, today announced the extension of its partnership with the Brazilian-based fighting robot building team, RioBotz, and their BattleBots competitor, “Minotaur.”

Minotaur Robot (Photo: Business Wire)

Under the terms of the multi-year agreement, Perficient will serve as Minotaur’s primary and most visible partner, and the organizations will work collaboratively to bring exposure to STEM (science, technology, engineering and math) industries and associated career opportunities at Perficient.

RioBotz and Minotaur dominated much of the competition during the inaugural year of their partnership with Perficient. The team advanced through the tournament’s opening stages and qualified for the BattleBots World Championship Tournament where they reached the quarterfinals and placed amongst the top eight robots in the world.

“Minotaur and RioBotz have captured and captivated millions of fans worldwide, including Perficient’s more than 7,000 global colleagues,” said Bill Davis, vice president of marketing, Perficient. “The RioBotz team passion, innovation and grit ensures Minotaur is a challenging opponent for all who encounter it. We’re proud and excited to partner again with such a talented team of engineers, and look forward to cheering them and Minotaur on as the competition gets underway.”

The next season of BattleBots will begin broadcasting to fans worldwide in early 2023.

“We’re so excited to continue our partnership with a global technology consulting leader like Perficient. Our first season together was one the RioBotz team will never forget,” said Carlos Souza, RioBotz team lead. “Engineering relies on constant improvement, and the team has continued making adjustments to Minotaur during the off season. We’re eager to return to the BattleBots arena with Perficient by our side and show what the mighty Minotaur can do.”

About RioBotz

Founded in 2003, under the supervision of Professor Marco Antônio Meggiolaro, PhD from MIT, RioBotz is the robotics team of PUC-Rio, a university in Rio de Janeiro, Brazil. RioBotz designs, optimizes and constructs mechanical structures, locomotion systems and actuators. Although the team focuses on combat robots, the research group has also developed systems for medical, military and oil and energy industries.

About Perficient

Perficient is the leading global digital consultancy. We imagine, create, engineer, and run digital transformation solutions that help our clients exceed customers’ expectations, outpace competition, and grow their business. With unparalleled strategy, creative, and technology capabilities, we bring big thinking and innovative ideas, along with a practical approach to help the world’s largest enterprises and biggest brands succeed. Traded on the Nasdaq Global Select Market, Perficient is a member of the Russell 2000 index and the S&P SmallCap 600 index. For more information, visit www.perficient.com.

Safe Harbor Statement

Some of the statements contained in this news release that are not purely historical statements discuss future expectations or state other forward-looking information related to financial results and business outlook for 2022. Those statements are subject to known and unknown risks, uncertainties, and other factors that could cause the actual results to differ materially from those contemplated by the statements. The forward-looking information is based on management’s current intent, belief, expectations, estimates, and projections regarding our company and our industry. You should be aware that those statements only reflect our predictions. Actual events or results may differ substantially. Important factors that could cause our actual results to be materially different from the forward-looking statements include (but are not limited to) those disclosed under the heading “Risk Factors” in our annual report on Form 10-K for the year ended December 31, 2021.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221004005119/en/

Connor Stieferman, Communications Manager

314-529-3595

Connor.Stieferman@perficient.com

Source: Perficient, Inc.

FAQ

What is the significance of Perficient's partnership with RioBotz?

Perficient's partnership with RioBotz enhances its branding in STEM and promotes career opportunities.

How did Minotaur perform in the previous BattleBots season?

Minotaur reached the quarterfinals in the BattleBots World Championship, positioning it among the top eight robots.

When does the new season of BattleBots start airing?

The new season of BattleBots will begin broadcasting in early 2023.

What is the stock symbol for Perficient?

Perficient is traded under the stock symbol PRFT on NASDAQ.