VALENCIA, Calif., Oct. 1, 2002 -
3D Systems Corp. (Nasdaq: TDSC) today announced at its SLS® Systems Users Group, held September 29 to October 2, that the Company has made significant progress in developing additional materials for use in its SLS systems.
3D Systems plans to introduce four new materials for the SLS system between the end of 2002 through the first half of 2003. The new material offerings will include the next version of LaserFormTM steel material as well as Aluminum, Fire Retardant Nylon and A6 steel material.
“We continue to make tremendous strides in our materials development for the SLS systems. The results that we have seen from our materials development program are very promising,” said Grant Flaharty, President and COO for 3D Systems. “For Aluminum we have partnered with the University of Queensland and UniQuest (both of St. Lucia, in the State of Queensland, Australia) to develop the material. Internally we have developed a Fire Retardant Nylon, which has passed FAA tests, an A6 steel material and anticipate launching a new LaserForm steel material in Q4.”
“Industries such as automotive and commercial products will benefit from the ability to quickly produce complex aluminum parts without the time or cost associated with die-cast tooling. At a time when industries are looking to provide custom intricate parts from metals or nylon, we are on the edge of breaking the barriers that will allow companies to expand their offerings. The new materials will have applications including tooling (LaserForm and A6 steel materials), aircraft component end-use part manufacturing (fire retardant nylon), end-use steel (A6), and end-use die-cast grade (aluminum) parts. As industries move towards Advanced Digital ManufacturingSM (ADM), designers and engineers will be able to add custom features and complexity to their designs. For the first time engineers will be able to design without the necessity to adapt their designs to the limitations of traditional manufacturing,” concluded Flaharty.
About 3D Systems
Founded in 1986, 3D Systems, the solid imaging companySM, provides solid imaging products and solutions to reduce the time and cost of designing products and facilitate direct and indirect manufacturing. Its systems utilize patented technologies to create physical objects from digital input used for design communication, prototyping and functional end-use parts.
3D Systems currently offers the ThermoJet® solid object printer, SLA® (stereolithography), SLS® (selective laser sintering) systems, and Accura™ materials (includes; photopolymers, metals, nylons, engineering plastics, and thermoplastics).
Product pricing in the U.S. ranges from $49,995, for the ThermoJet printer, to $799,000 for the high-end SLA 7000 system. 3D Systems multiple platform product line enables companies to choose the most appropriate systems for applications ranging from the creation of design communication models to prototypes to production parts. 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.
3D Systems is the originator of the ADM (Advanced Digital ManufacturingSM) solution for manufacturing applications. ADM is the utilization of 3D Systems solid imaging technologies to accelerate production of smaller volumes of customized/specialized parts. A typical ADM center is expected to contain multiple 3D Systems SLA, MJM and SLS systems dedicated to full time manufacturing applications.
Note to editors: Advanced Digital Manufacturing and the solid imaging company are service marks, si2, LaserForm and Accura are trademarks; and ThermoJet, SLA, SLS and the 3D logo are registered trademarks of 3D Systems Inc.
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; the company’s ability to successfully design and produce new products, customer acceptance of new products; the company’s ability to enter into successful relationships with new customers to fully exploit its products, the ability to successfully implement all elements of our restructuring and cost savings program, and such other factors as are described in the company’s filings with the Securities and Exchange Commission. The company does not undertake to update any forward-looking statements.
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