3D Systems Unveils Industry's First Scalable, Fully-Integrated Additive Manufacturing Platform
(Thomson Reuters ONE) -
* New platform will transform production of mass customized and complex end
use parts while meeting durability and repeatability requirements of
production environments
* First shipment made to Fortune 50 industrial company
CHICAGO, March 20, 2017 (GLOBE NEWSWIRE) -- Delivering on its strategy to
transform 3D manufacturing workflows, 3D Systems (NYSE:DDD) today announced the
industry's first modular, scalable and fully-integrated additive manufacturing
platform. 3D Systems' disruptive Figure 4 production platform produces plastic
parts more than 50 times faster than current systems, delivering dramatically
lower total cost of operations while offering competitive and compelling
comparisons to conventional methods.
A photo accompanying this announcement is available
at http://www.globenewswire.com/NewsRoom/AttachmentNg/4d3900cc-
7a84-4f8c-83e2-437897af7887
Based on its revolutionary Figure 4 technology, 3D Systems' new platform allows
customers to tailor configurations and select materials to address specific
applications. Configurations range from single-print engine machines to fully
automated, high-volume production systems with 16 or more print engines,
automated material delivery and integrated post-processing.
The company recently shipped the first system to a Fortune 50 industrial
customer, and plans to ramp customer-specific shipments throughout the second
half of 2017.
"We believe our breakthrough Figure 4 platform will revolutionize manufacturing
by transforming production of both mass customized and complex end use parts
with a compelling total cost of operations versus conventional methods," said
Vyomesh Joshi (VJ), President and CEO, 3D Systems. "While others are realizing
the need to transition from prototyping to production, we are delivering real
solutions across all key vertical markets and applications that are helping
customers solve problems today."
+---------------------------------------------------------------------------+
| Illustrative Example - Figure 4 vs. Traditional SLA* |
+---------------------------------------------------------+-----------------+
| Figure 4 Production Configuration with 16 Print Engines | Improvement |
+---------------------------------------------------------+--------+--------+
| Printers Required | 225 x | Fewer |
+---------------------------------------------------------+--------+--------+
| Annual Throughput Per Printer (prints) | 225 x | Higher |
+---------------------------------------------------------+--------+--------+
| Facility Floor Space (sq ft) | 26 x | Lower |
+---------------------------------------------------------+--------+--------+
| Printer Upkeep Labor | 45 x | Lower |
+---------------------------------------------------------+--------+--------+
| Labor Cost | 4 x | Lower |
+---------------------------------------------------------+--------+--------+
| Initial Investment | 23 x | Lower |
+---------------------------------------------------------+--------+--------+
| TCO - 5 Years, Full Fleet | 3.5 x | Lower |
+---------------------------------------------------------+--------+--------+
| Part (1 million units per year) | Improvement |
+---------------------------------------------------------+--------+--------+
| Cost Per Part (in dollars) | 71 % | Lower |
+---------------------------------------------------------+--------+--------+
| Average Print Time Per Part (in hours) | 14.1 x | Faster |
+---------------------------------------------------------+--------+--------+
| Material Waste (in grams) | 1.5 x | Lower |
+---------------------------------------------------------+--------+--------+
* Fewer printers with better throughput result in lower investment and higher
material utilization.
* Cost per Figure 4 produced parts approximately 30% of traditional SLA.
As part of its vertical strategy, 3D Systems will unveil one of its initial
solutions for the multibillion-dollar dental industry based on the Figure 4
platform and its NextDent materials. Customers will be able to see the solution
at the International Dental Show (IDS) 2017, in Cologne, Germany, March 21-25.
Over time, the company intends to extend the Figure 4 platform application by
application to meet specific customer needs across healthcare, aerospace,
automotive and durable goods industries.
Forward-Looking Statements
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 provides comprehensive 3D products and services, including 3D
printers, print materials, on demand manufacturing services and digital design
tools. Its ecosystem supports advanced applications from the product design shop
to the factory floor to the operating room. 3D Systems' precision healthcare
capabilities include simulation, Virtual Surgical Planning, and printing of
medical and dental devices as well as patient-specific surgical instruments. As
the originator of 3D printing and a shaper of future 3D solutions, 3D Systems
has spent its 30 year history enabling professionals and companies to optimize
their designs, transform their workflows, bring innovative products to market
and drive new business models.
More information on the company is available at www.3dsystems.com
* Figures included in table are estimates based on the results of 3D Systems'
tests conducted in a laboratory setting.
Investor Contact:
Stacey Witten
Email: investor.relations(at)3dsystems.com
Media Contact:
Diane Parrish
Email: press(at)3dsystems.com
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: 3D Systems Corporation via GlobeNewswire
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