|By Business Wire||
|August 1, 2013 08:33 PM EDT||
Stratasys Ltd. (NASDAQ: SSYS), a leading manufacturer of 3D printers and production systems, today announced that it has been selected by The UPS Store to provide its 3D printing systems to The UPS Store as part of a test program that will make it the first national retailer in the U.S. to offer 3D printing service to entrepreneurs, architects, start-ups and other retail customers. This service will enable UPS Store customers to have their 3D design 3D printed on-site.
The UPS Store will install six Stratasys uPrint SE Plus 3D Printers in its test program for retail 3D printing services. (Photo: Business Wire)
The test signals a collaborative effort by Stratasys and The UPS Store to make 3D printing accessible to small businesses as awareness of the technology and its capabilities grows. Stratasys 3D Printers can create on-demand, custom objects of virtually any complexity in a fast and simple process.
“3D printing technology is becoming increasingly accessible to a growing number of companies and consumers. Small businesses are beginning to realize how this revolutionary technology can help them to be more competitive,” said Stratasys Executive Vice President, Jon Cobb. “The UPS Store and Stratasys share the vision of strengthening innovation and competitiveness by making 3D printing accessible to a growing number of users.”
While the program is aimed at small businesses, it is open to anyone interested in trying out on-site 3D printing services. “After doing a lot of research, we went with the Stratasys uPrint, because it has a small footprint and is easy to operate,” said The UPS Store small business technology leader, Daniel Remba.
Following the launch of the test, retail customers will be able to bring a Computer Aided Design (CAD) file to participating UPS Store locations and have their 3D design printed on-site.
The UPS Store is installing Stratasys uPrint SE Plus 3D Printers in six test locations, beginning in San Diego.
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. Stratasys manufactures 3D printers and materials for prototyping and production. The company’s patented FDM® and PolyJet® processes produce prototypes and 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. Since June 2012, the company’s range of over 130 3D printing materials is the widest in the industry and includes more than 120 proprietary inkjet-based photopolymer materials and 10 proprietary FDM-based thermoplastic materials. Stratasys also manufactures Solidscape 3D Printers and operates the RedEye On Demand digital-manufacturing service. The company has more than 1100 employees, holds more than 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.
Cautionary Statement Regarding Forward-Looking Statements
Statements regarding Stratasys’ beliefs, intentions and expectations, including without limitation statements regarding the development and performance of our products, are forward-looking statements (within the meaning of the United States federal securities laws). 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’ RedEye On DemandTM and other paid parts services. This list is intended to identify only certain of the principal factors that could cause actual results to differ. These and other applicable factors are discussed in this presentation and in Stratasys’ Annual Report on Form 20-F for the year ended December 31, 2012, as well as other filings that Stratasys, Inc. has made with the SEC and that Stratasys Ltd. has made and will make with the SEC in the future. Any forward-looking statements included in this presentation are as of the date they are given, and Stratasys is not obligated to update them if its views later change, or to reflect the occurrence of unanticipated events, 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.
FDM, Stratasys, uPrint and Objet are registered trademarks, and Fused Deposition Modeling is a trademark of Stratasys Ltd. and or its subsidiaries or affiliates.
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