3D Systems Reduces Price on ProX SLS 500 to Expand 3D Printing Market and Gain Market Share
(Thomson Reuters ONE) -
New price point lowers total cost of operations and enhances value proposition
ROCK HILL, S.C., April 13, 2017 (GLOBE NEWSWIRE) -- 3D Systems (NYSE:DDD) today
announced a price drop of more than 30 percent(1) of its production-
ready ProX(®) SLS 500 3D printing system in North America and Europe, an
aggressive move to increase market share and drive adoption of the technology as
companies look to shift production to additive manufacturing. New system
pricing for customers starts at $270,000 and ?250,000.(1)
A photo accompanying this announcement is available
at http://www.globenewswire.com/NewsRoom/AttachmentNg/7674c5e6-
2ccc-42f9-85ba-35d5745495f8
Featuring one of the broadest portfolios of materials available, 3D Systems' SLS
technology delivers exceptional versatility for printing a wide range of parts
and build sizes from interior components for airplanes to large production
tooling for high-volume manufacturing to small patient-specific medical
devices.
With the price reduction, the ProX SLS 500 has market leading total cost of
operations (TCO) for durable, end-use parts compared to competing systems.
"The ProX SLS 500 is winning deals today because of its superior capabilities;
the new price point makes it accessible to additional customers, which we
believe will enable us to increase our installed base faster and be more
competitive in the market," said Jim Ruder, Senior Vice President and General
Manager, Plastics, 3D Systems. "We will continue to invest in SLS to expand our
leadership position and help accelerate the shift to 3D printing production."
3D Systems' ProX SLS 500 uses a wide range of DuraForm(®) materials from tough
nylon for production parts, to high-temperature resistant fiber-reinforced
engineering plastic, to glass-filled engineering plastic for excellent
stiffness. DuraForm plastics have been optimized, validated and tested to offer
an exceptional combination of surface detail, part strength, and durability for
end-use parts.
Additionally, the ProX SLS 500 has high materials recyclability. Up to 95
percent(2) of material used in a build is turned into parts, resulting in
minimal waste and lower part cost. Automated material handling and production
tools streamline workflows, producing parts up to 7 times faster than comparable
FDM systems.
More information on 3D Systems' ProX 500 SLS 3D printer is available here.
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
___________________
(1) Pricing may vary and is not available in all geographies. New pricing will
be available in the United States and Europe. It excludes Asia Pacific, Japan,
Africa, India and the Middle East.
(2 )Using DuraForm PA material
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
Datum: 13.04.2017 - 15:00 Uhr
Sprache: Deutsch
News-ID 536303
Anzahl Zeichen: 6722
contact information:
Town:
Rock Hill
Kategorie:
Business News
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"3D Systems Reduces Price on ProX SLS 500 to Expand 3D Printing Market and Gain Market Share"
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