- 3D Systems' advanced portfolio enables production workflows to improve agility, reduce complexity and lower total cost of operationROCK HILL, S.C., Sept. 5, 2018 — (PRNewswire) — 3D Systems (NYSE: DDD), the originator of 3D printing, today announced the company will debut an updated end-to-end additive manufacturing solutions portfolio at IMTS 2018 that helps transform the way companies manufacture. Drawing on its deep expertise and unique workflow approach including software, hardware, materials and services, 3D Systems is positioned to help companies innovate, design, and manufacture in new ways enabling them to realize competitive advantage. At IMTS 2018, 3D Systems will unveil an enhanced portfolio which is the broadest and most comprehensive in the industry including both plastics and metals resulting from its significant focus on, and investment in, industry-leading innovation.
"In 2016, while at IMTS, I shared my strategy for how 3D Systems would make 3D production real. It would require customer collaboration, new innovation, and would be driven by the experience and expertise of our people," said Vyomesh Joshi, president and chief executive officer, 3D Systems. "Today, we're executing on that strategy, and have launched a production platform approach that has uniquely positioned 3D Systems as the premier additive manufacturing solutions company in the industry. Our end-to-end portfolio can help enable any customer workflow and transforms how they manufacture. This approach ultimately improves agility, reduces complexity, and lowers overall total cost of operation while providing competitive advantage."
At IMTS 2016, Mr. Joshi outlined his plans for how 3D Systems would usher in the next phase of growth. Over the past two years, the company has made significant investments in its portfolio, partnerships and people reinforcing the leadership position of the company which was established by Charles "Chuck" Hull in 1986.
3D Systems is making its mark in 2018. The company has launched three of the four configurations of its Figure 4 platform including Figure 4 Standalone and Figure 4 Production, as well as the NextDent 5100 designed specifically for Dental applications. The company continues to complete final testing and new product launch processes for Figure 4 Modular, and plans commercial shipments in early 2019. With the Figure 4 platform, manufacturers are able to accomplish functional prototyping and low volume production with ultra-fast print speeds up to 100mm/hr at six sigma repeatability a standard for repeatability that customers should come to expect in additive manufacturing.
Next week, while at the show, 3D Systems will unveil the latest printer to its precision metal 3D printing portfolio. Resulting from its recent partnership with GF Machining Solutions (GF), the new solution integrates additive and subtractive manufacturing - including automation and post-processing - to provide more efficient, seamless workflows for advanced manufacturing.
"3D Systems has a very strong portfolio of strategic partners industry leaders that complement our strengths," said Joshi. "Our relationship with GF will redefine the factory of the future. The integrated solution we're announcing at IMTS will not only enhance metal parts production, it will fundamentally redefine how manufacturers think about their manufacturing environments."
3D Systems' hardware portfolio is powered by its end-to-end software workflow -- designed to enhance productivity and ease-of-use while offering measurable return on investment. 3D Systems is the only company in the industry that provides tools for the entire manufacturing workflow, from digitization to design and simulation, through manufacture, inspect and manage. The portfolio includes technologies to facilitate additive as well as subtractive processes which help reduce file processing time, improve productivity and lower costs. At IMTS 2018, the company will introduce several new software releases that include advanced functionality to simplify and manage complex processes.
"3D Systems has a rich history as the company that launched an industry," said Joshi. "With more than 30 years of industry leadership, we have built our company and fostered the industry on innovation. We are grateful for our customers who inspire us with their challenges to design applications which help them create parts never before possible. I look forward to what we will achieve as we continue on our transformational journey."
3D Systems will hold numerous events at this year's show. On Monday, September 10, 3D Systems and GF will hold a joint press conference at 9:00am CT in McCormick Place, room S504BC, to debut the first joint solution under its partnership. Later that day at 12:30pm CT in room N426, 3D Systems' President and Chief Executive Officer Vyomesh Joshi, will hold a company press conference to discuss the updated end-to-end portfolio.
Show attendees can visit booths #431608 (third floor McCormick Place West building) to see 3D Systems' additive manufacturing solutions and #133310 (third floor McCormick Place Lakeside Center) for its software workflow solutions, and speak with its team of experts. Also, join 3D Systems' Bryan Newbrite, advanced aerospace applications leader, and Leslie Peters, president and CEO, Metro Aerospace on September 13 as they present a session on Delivering Efficiencies in Certified 3D Printed Aerospace Parts. The session will be held at 9am CT in room W192-A at McCormick Place.
For more information about 3D Systems' presence at IMTS 2018, please visit the company's website.
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 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 or projections expressed or implied by such forward-looking statements. In many cases, forward looking statements can be identified by terms such as "believes," "belief," "expects," "may," "will," "estimates," "intends," "anticipates" or "plans" or the negative of these terms or other comparable terminology. Forward-looking statements are based upon management's beliefs, assumptions and current expectations and 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" 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. Although management believes that the expectations reflected in the forward-looking statements are reasonable, forward-looking statements are not, and should not be relied upon as a guarantee of future performance or results, nor will they necessarily prove to be accurate indications of the times at which such performance or results will be achieved. The forward-looking statements included are made only as the date of the statement. 3D Systems undertakes no obligation to update or review any forward-looking statements made by management or on its behalf, whether as a result of future developments, subsequent events or circumstances or otherwise.
About 3D Systems
3D Systems is the originator of 3D printing and an innovator of future 3D solutions. It has spent its 30-year history enabling professionals and companies to optimize their designs, transform their workflows, bring groundbreaking products to market and drive new business models. This is achieved with the Company's best of breed digital manufacturing ecosystem. It's comprised of plastic and metal 3D printers, print materials, on demand manufacturing services and end-to-end manufacturing software solutions. Combinations of these products and services address a variety of advanced applications- ranging from Aerospace, Automotive, and Consumer Goods to Medical, Dental, and Jewelry. For example, 3D Systems' precision healthcare capabilities include simulation, Virtual Surgical Planning, and printing of medical and dental devices as well as patient-specific surgical instruments. More information on the company is available at www.3dsystems.com.
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SOURCE 3D Systems
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