3D Systems Named One of 50 Smartest Companies by MIT Technology Review
- Company recognized for “innovation with impact” in distinguished annual ranking
- Highlights game-changing capabilities of 3DS’ continuous, high-speed, fab-grade 3D printing
ROCK HILL, South Carolina, June 22, 2015 – 3D Systems (NYSE:DDD) announced today that it was named to MIT Technology Review’s list of 50 Smartest Companies in the magazine’s 2015 ranking. The prestigious annual list recognizes and celebrates companies that combine “truly innovative technology and a business model that is both practical and ambitious, with the result that [the company] has set the agenda in its field over the past 12 months.”
3DS was recognized for its pioneering work on the world’s first 3D printing flexible assembly line. This groundbreaking nonstop printing platform deposits an unprecedented 4 billion drops of material every minute in photo-quality color, resulting in production speeds 50 times faster than existing 3D jetting technologies. The print engine is configured to readily integrate with various off-the-shelf automated machining, insertion and finishing operations, based on customer’s requirements, opening up countless new product and production possibilities in industries ranging from automotive to footwear and toys to consumer electronics.
See how 3DS’ continuous, high-speed 3D printer can make creative play more personal for one toy company.
“Everyday, the passionate men and women at 3D Systems are pioneering new, exciting and impactful applications of 3D technology that let everybody transform great ideas into real outcomes,” said Avi Reichental, President and CEO, 3DS. “Purpose-driven innovation is the cornerstone of our brand value and the growth engine of our business and we are honored to be recognized for our ambition and impact among so many distinguished peers.”
Click here to see the full list of 50 Smartest Companies in 2015.
The distinction is the second in recent months from a major magazine recognizing the Company’s strength in innovation. 3DS was also recently ranked #18 on Forbes’ World’s Most Innovative Growth Companies for 2015.
Learn more about 3DS’ commitment to manufacturing the future today at www.3dsystems.com.
About 3D Systems
3D Systems provides the most advanced and comprehensive 3D digital design and fabrication solutions available today, including 3D printers, print materials and cloud-sourced custom parts. Its powerful ecosystem transforms entire industries by empowering professionals and consumers everywhere to bring their ideas to life using its vast material selection, including plastics, metals, ceramics and edibles. 3DS’ leading personalized medicine capabilities save lives and include end-to-end simulation, training and planning, and printing of surgical instruments and devices for personalized surgery and patient specific medical and dental devices. Its democratized 3D digital design, fabrication and inspection products provide seamless interoperability and incorporate the latest immersive computing technologies. 3DS’ products and services disrupt traditional methods, deliver improved results and empower its customers to manufacture the future now.
Leadership Through Innovation and Technology
- 3DS invented 3D printing with its Stereolithography (SLA) printer and was the first to commercialize it in 1989.
- 3DS invented Selective Laser Sintering (SLS) printing and was the first to commercialize it in 1992.
- 3DS invented the ColorJet Printing (CJP) class of 3D printers and was the first to commercialize 3D powder-based systems in 1994.
- 3DS invented MultiJet Printing (MJP) printers and was the first to commercialize it in 1996.
- 3DS Medical Modeling pioneered virtual surgical planning (VSP) and its services are world-leading, helping many thousands of patients on an annual basis.
Today its comprehensive range of 3D printers is the industry’s benchmark for production-grade manufacturing in aerospace, automotive, patient specific medical device and a variety of consumer, electronic and fashion accessories.
More information on the company is available at www.3dsystems.com.
Certain statements made in this release that are not statements of historical or current facts, including statements regarding the expected benefits and synergies of the transaction, future opportunities for the combined company and products, future financial performance and any other statements regarding 3DS’ and Cimatron’s future expectations, beliefs, plans, objectives, financial conditions, assumptions or future events or performance are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements often use words such as "anticipate", "target", "expect", "estimate", "intend", "plan", "goal", "believe", "hope", "aim", "continue", "will", "may", "would", "could" or "should" or other words of similar meaning or the negative thereof. These statements are subject to numerous risks and uncertainties, many of which are beyond the companies’ control, which could cause actual results to differ materially from the results expressed or implied by the statements. These risks and uncertainties include, but are not limited to: the ultimate timing, outcome and results of integrating the operations of Cimatron; the effects of the business combination of 3DS and Cimatron, including the combined company’s future financial condition, results of operations, strategy and plans; expected synergies and other benefits from the proposed transaction and the ability of 3DS to realize such synergies and other benefits; results of litigation, settlements, and investigations; the availability and alternative uses of 3DS’ cash; actions by third parties, including governmental agencies; protection of intellectual property rights and against cyber attacks; compliance with environmental laws; changes in government regulations and regulatory requirements; risks of international operations, including risks relating to unsettled political conditions, war, the effects of terrorism, and foreign exchange rates and controls, international trade and regulatory controls. The factors described under the headings "Forward-Looking Statements," "Cautionary Statements and Risk Factors," and "Risk Factors" in 3DS' report on Form 10-K for the year ended December 31, 2013 and Cimatron’s report on Form 20-F for the year ended December 31, 2013, and other U.S. Securities and Exchange Commission (the “SEC”) filings of 3DS and Cimatron discuss some of the important risk factors identified that may affect these factors and 3DS’ and Cimatron’s respective business, results of operations and financial condition. 3DS and Cimatron undertake no obligation to revise or update publicly any forward-looking statements for any reason. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof.