ROCK HILL, South Carolina – April 26, 2011 - 3D Systems Corporation (NASDAQ: TDSC) announced today its acquisition of Print3D Corporation (“Print3D”), a startup company that develops custom parts services for CAD users through advanced desktop tools that integrate directly into their design environment. Print3D's proprietary dynamic pricing and ordering engine is designed to make quoting and ordering parts as easy as printing a document.
“With Print3D we are taking an additional step towards democratizing access to affordable, safe and viable 3D content-to-print solutions for professionals and consumers alike” said Cathy Lewis Vice President Global Marketing 3D Systems.
The company plans to commercialize Print3D as a complementary custom parts service to its Quickparts® and 3Dproparts™ services and to leverage this technology to create new user tools and utilities for its entire menus of services.
Certain statements made in this release that are not statements of historical or current facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to be materially different from historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements that explicitly describe such risks and uncertainties, readers are urged to consider statements in the conditional or future tenses or that include terms such as “believes,” “belief,” “expects,” “estimates,” “intends,” “anticipates” or “plans” to be uncertain and forward-looking. Forward-looking statements may include comments as to the company’s beliefs and expectations as to future events and trends affecting its business and are necessarily subject to uncertainties, many of which are outside the control of the company. The factors described under the headings “Forward-Looking Statements,” “Cautionary Statements and Risk Factors,” and “Risk Factors” in the company’s periodic filings with the Securities and Exchange Commission, as well as other factors, could cause actual results to differ materially from those reflected or predicted in forward-looking statements.
About 3D Systems Corporation
3D Systems is a leading provider of 3D content-to-print solutions including 3D printers, print materials and custom part services. Its expertly integrated rapid prototyping and manufacturing solutions reduce the time and cost of designing new products and printing real parts directly from digital input. These solutions are used to design, communicate, prototype and produce functional end-use parts and customers create with confidence.
About Print3D Corporation
Print3D, a global provider of the custom rapid prototyping services, provides CAD users an advanced set of tools that integrate directly into their modeling environment. Print3D's powerful real time pricing engine makes quoting and ordering parts as easy as printing a document.
Print3D brings together the reliability of an established network of RP production operations with conveniences of CAD modeler automation. Print3D was co-founded by CEO Ron Barranco, who has delivered quality prototype services since 1994 as owner of Stereolithography.com and ZCasting.com, and CTO Deelip Menezes, owner of international CAD software development firm SYCODE and founder of the OpenRP Initiative.