VALENCIA, Calif., Apr. 30, 2002 -
3D Systems Corp. (Nasdaq: TDSC) today announced it is developing a new solid imaging technology that produces plastic-like models using a combination of photocurable hot melt materials and inkjet printing.
“This technology advancement, now in the final phase of development, represents a significant evolution of our Multi-Jet Modeling (MJM) product line which will provide numerous benefits for our customers,” said Grant Flaharty, executive vice president of worldwide business operations.
“The new technology combines 3D Systems’ expertise in photocurable materials with our proven ink-jet based MJM technology to offer the best of both – durable photopolymer-based materials delivered via an easy-to-use 3-D printer. The resulting product will be commercialized in 2002 and enable designers, engineers and other 3-D data users to quickly, easily and conveniently produce cost-effective, high-quality durable models in their office.
“As with other products in our MJM line, the output is best suited for visual design communication such as proposals, teaching aids, product styling, quotation requests and ergonomic evaluations,” Flaharty added.
About 3D Systems
Founded in 1986, 3D Systems provides solid imaging products and solutions that help reduce the time and cost of designing products and facilitate direct and indirect manufacturing. Its systems utilize patented technologies that create physical objects from digital input.
3D Systems currently offers the ThermoJet(r) solid object printer, SLA(r) (stereolithography) systems and SLS(r) (selective laser sintering) systems, as well as related software and materials. Product pricing in the U.S. ranges from $49,995, for the ThermoJet printer, to $799,000 for the high-end SLA 7000 system. The company licenses the complementary 3D Keltool(r) process, a method for producing steel mold inserts, and currently is developing systems that use composite paste materials for direct manufacturing.
More information on the company is available at www.3dsystems.com, or by phoning 888/337-9786, extension 811, or 661/295-5600 internationally. An investor packet can be obtained by calling 800/757-1799.
Note to editors: ThermoJet, SLA, SLS, Keltool and the 3D logo are registered trademarks of 3D Systems.
Certain statements in this news release may include forward-looking statements that express the expectation, prediction, belief or projection of 3D Systems. These statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance and achievement of 3D Systems to be materially and adversely different from any future results, performance or achievement expressed or implied by these forward-looking statements. Factors that may cause actual results to differ from the forward-looking statements contained in this release and that may affect the company's prospects in general include, but are not limited to: the funding of amounts of capital adequate to provide for the working capital needs of the company; actions of competitors and customers; successful completion of beta testing of the new technology; finalizing associated business relationships for implementation of the new technology; customer acceptance of new products including the new MJM technology; and such other factors as are described in the company's filings with the Securities and Exchange Commission, including annual report on Form 10-K for the year ended Dec. 31, 2001, and 3D Systems' current report on Form 8-K filed on March 21, 2002.
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