MINNEAPOLIS and REHOVOT, Israel, Feb. 1, 2013 /PRNewswire/ -- Stratasys, Ltd. (NASDAQ: SSYS), a leading manufacturer of 3D printers and production systems for prototyping and manufacturing, today announced its Objet line of 3D printers has been named a winner in Design World's sixth annual Leadership in Engineering program. Objet-line 3D printing technology was honored in the Digital Manufacturing category.
Design World's Leadership in Engineering is an industry recognition program to acknowledge engineering leadership across several disciplines. Winners of the sixth annual program were chosen by Design World online users, and a list of winners can be found at Design World.
"It is an honor to be recognized by the industry for our innovation and leadership in Digital Manufacturing," said Jon Cobb, Stratasys Executive Vice President for Marketing. "Stratasys strives to provide customers with cutting-edge technology and capabilities, in order to deliver a comprehensive range of 3D printing systems that meet every need from design to prototyping to direct digital manufacturing.''
Objet-line 3D Printers' and 3D printing technology's engineering leadership was on display in multiple ways in 2012, including:
- Launch of the Objet30 Pro desktop 3D printer, the only desktop system with variety of seven different materials including clear transparent and high temperature materials
- First and only solution to break the 100 materials barrier with a new range of Objet Digital Materials available in the Objet Connex line of 3D Printers.
- Launch of the Objet1000 wide format 3D printer, which features an ultra-large build tray for creating large industrial size models and 1:1 scale prototypes
- Objet Connex multi-material technology that is able to print up to 14 different material properties in one prototype
For more information on Stratasys, visit www.stratasys.com.
About Stratasys Ltd
Stratasys Ltd. (Nasdaq: SSYS) is the corporate entity formed in 2012 by the merger of 3D printing companies Stratasys Inc. and Objet Ltd., based in Minneapolis, Minn. and Rehovot, Israel. The company manufactures 3D printers and materials for prototyping and production. Prior to merging, the two companies' revenues totaled $277 million for 2011. Its patented FDM® and Inkjet-based processes produce prototypes or manufactured goods directly from 3D CAD files or other 3D content. Systems include affordable desktop 3D printers for idea development, a range of systems for prototyping, and large production systems for direct digital manufacturing. The company's range of over 130 3D printing materials is the widest in the industry and includes in excess of 120 proprietary inkjet-based photopolymer materials and 10 proprietary FDM-based thermoplastic materials. Stratasys also manufacturers Solidscape 3D Printers and operates the RedEye On Demand digital-manufacturing service. The company has over 1100 employees, holds over 500 granted or pending additive manufacturing patents globally, and has received more than 20 awards for its technology and leadership.
Online at: www.stratasys.com or http://blog.stratasys.com; www.objet.com or http://blog.objet.com.
Cautionary Statement Regarding Forward-Looking Statements
Statements regarding Stratasys' beliefs, intentions and expectations, including statements regarding the management of Stratasys, Inc. and Objet Ltd. as a combined company, the benefits of the combination of the companies, and the future financial performance of the combined company after their merger, are forward-looking statements. The statements involve risks and uncertainties, both known and unknown, that may cause actual results to differ materially from those projected. Actual results may differ materially due to a number of factors, including the risk and uncertainty that the businesses of the two companies may not be integrated successfully; the risk that the merger may involve unexpected costs or unexpected liabilities; the risk that synergies from the merger may not be fully realized or may take longer to realize than expected; the risk that management's focus on and disruptions arising from the merger make it more difficult to maintain relationships with customers, employees, or suppliers. Stratasys' ability to achieve the results presented in any forward-looking statement will depend on numerous factors, including its ability to penetrate the 3D printing market; its ability to achieve the growth rates experienced in preceding quarters; its ability to introduce, produce and market both existing and new consumable materials, and the market acceptance of these materials; the impact of competitive products and pricing; its timely development of new products and materials and market acceptance of those products and materials; the success of Stratasys' recent R&D initiative to expand the DDM capabilities of its core FDM technology; and the success of Stratasys' RedEyeOn DemandTM and other paid parts services. These and other applicable factors are discussed in this presentation and in Stratasys' filings with the Securities and Exchange Commission. These filings include the definitive proxy statement/prospectus filed with the SEC on August 8, 2012, as well as the filings that Stratasys, Inc. has made with the SEC and that Stratasys Ltd. has made and will make with the SEC in the future, including its report on Form 20-F to be filed for the year ended 12/31/2012. Any forward-looking statements included in this presentation are as of the date they are given, and Stratasys does not intend to update them if its views later change, except as may be required by law. These forward-looking statements should not be relied upon as representing Stratasys' views as of any date subsequent to the date they are given.
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