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HP Accelerates Digital Reinvention of Manufacturing Industry with Open Platform and 3D Printing Materials Advancements

Unveils industry's first 3D printing Material Development Kit, showcases world's first 3D Open Materials and Applications Lab, highlights new materials innovations from partners

CHICAGO, IL -- (Marketwired) -- 03/20/17 -- HP Inc. (NYSE: HPQ)

News highlights:

  • Unveils industry's first 3D printing Material Development Kit (MDK) to simplify testing and certification of innovative new materials for partners
  • Showcases world's first 3D Open Materials and Applications Lab, speeding innovation and development
  • Reveals new 3D printing materials development innovations with global leaders BASF and Evonik

Today at the Additive Manufacturing Users Group (AMUG) conference, HP Inc. announced significant milestones to its open platform for 3D printing materials and production-ready applications development. Expanding the development and lowering the cost of advanced 3D printing materials and applications is a critical catalyst for the digital reinvention of the global manufacturing industry. HP's unique open platform model for 3D printing helps expand the availability of new materials and addresses a broader set of applications. The open platform model also helps lower materials and development costs, drive speed and performance improvements, and create new possibilities for part properties meeting specific industry needs.

"An open ecosystem of industry leaders is critical for greater innovation, breakthrough economics, and faster development of 3D printing materials and applications," said Tim Weber, global head, 3D Materials and Advanced Applications at HP. "Our growing certified partner network and leading-edge lab facilities are a testament to the progress we are making in spearheading a dynamic community of collaborators focused on delivering the most innovative and production-ready 3D printing solutions."

Industry's First 3D Printing Materials Development Kit (MDK)
HP, in collaboration with SIGMADESIGN, will offer the industry's first MDK for 3D printing materials, ensuring a robust and expanding array of materials for end-customers and a simplified certification and testing process for partners.

An integral element of HP's open platform strategy for 3D printing, the MDK will enable companies interested in certifying their materials to quickly test 3D powder spread-ability and compatibility with HP Jet Fusion 3D printers prior to submitting the materials to HP for testing. This greatly simplifies the testing and certification process, leading to faster innovation cycles while achieving strict quality standards.

"HP is leading the evolution of 3D printing from prototyping to production and SIGMADESIGN understands how important each step of the manufacturing process is in this journey," said Bill Huseby, president and CEO, SIGMADESIGN. "Materials are at the center of successful manufacturing, and the combination of HP's open platform and the ability to enable voxel-level control will help expedite the digital transformation of this multi-trillion dollar market."

Huseby emphasized the importance of enabling materials development and applications design with the right resources, "Many companies, both large and small, do not have the internal capabilities to execute their 3D printing vision as quickly or as broadly as they'd like. We are proud to provide world-class foundational tools such as the MDK and in-depth design expertise for organizations ready to innovate using HP Multi Jet Fusion technology right now."

The MDK is expected to ship this spring and partners can pre-order the kit beginning today by contacting [email protected].

HP Unveils World's First 3D Open Materials and Applications Lab
Building on its open platform vision and leveraging more than four decades of print innovation, HP took the wraps off the world's first state-of-the-art laboratory to help companies develop, test and deliver the next generation of materials and applications for 3D printing. Located in Corvallis, Oregon, the new HP 3D Open Materials and Applications Lab will offer partners a range of equipment and in-house expertise to accelerate materials and applications innovation, which is critical to quickening the evolution and adoption of 3D printing technologies.

In May 2016, HP announced the HP Jet Fusion 3D Printing Solution, a production-ready commercial 3D printing system that delivers superior(1) quality physical parts up to 10 times(2) faster and at half the cost(3) of current 3D print systems. In addition, by printing functional parts at the individual voxel level (a voxel is the 3D equivalent of a 2D pixel in traditional printing), HP offers customers an unprecedented ability to transform part properties and deliver mass customization.

Learn more about the new lab and see images of materials innovation in action.

BASF and Evonik Highlight Materials Development Innovations with HP

Global materials leaders and existing HP partners, BASF and Evonik shared details about new innovations being developed using HP's open platform and the opportunity to work in the new HP 3D Open Materials and Applications Lab.

"At BASF, our goal is to enable customers to produce resilient and functional parts through the use of innovative material solutions," said Kara Noack, Head of 3D-Printing North America, BASF. "Using the HP Open Platform and its one-of-a-kind testing lab in Corvallis to accelerate material development is helping to unlock the potential of 3D printing. The open platform gives BASF an opportunity to collaborate with customers, and together with HP, accelerate not only the material market, but also 3D-printing adoption within manufacturing."

Noack also shared the advantages of working inside HP's 3D Open Materials and Applications Lab and the progress the company is making on certified materials for HP's Multi Jet Fusion technology. "Based on BASF's experience and R&D capabilities, we have been able to accelerate the development of materials with better mechanical properties by leveraging HP's 3D Open Materials and Applications Lab," she noted. "We have been able to develop multiple versions of thermoplastic elastomers including TPU, thermoplastic polyurethane, adding to an already comprehensive product portfolio. HP's 3D Open Materials and Applications Lab is allowing us to provide a wider range of innovative materials to the industry."

Evonik was the first partner to announce plans to commercialize a certified material for the HP Open Platform. Today, Evonik shared specifics on the upcoming availability of VESTOSINT 3D Z2773, a PA-12 powder material introduced for the HP Jet Fusion 3D Printing Solution and insight into the development process.

"In October, we announced successful certification of VESTOSINT 3D Z2773, and we are now excited to confirm initial availability in May with the full commercial offering available for our customers shortly thereafter," said Dr. Matthias Kottenhahn, Head of the Business Line High Performance Polymers of Evonik. "In only six months, leveraging the HP Open Materials and Applications Lab, our team has been able to develop, certify and begin selling an innovative new material with significant property advantages."

"Our collective efforts to reconstruct the way we go about 3D materials development is founded in HP's investment into its open platform, tools such as the MDK and the 3D Open Materials and Applications Lab," said Kottenhahn. "The open approach to materials and applications of HP opens a bright future for our industry."

HP at AMUG
Attendees at AMUG can learn more about HP's 3D Open Materials and Applications Platform and strategy in a session led by Fabio Annunziata, director of HP 3D materials, on Monday, March 20 from 3:00-4:00 pm in Room 4G at the Hilton Chicago.

About HP
HP Inc. creates technology that makes life better for everyone, everywhere. Through our portfolio of printers, PCs, mobile devices, solutions and services, we engineer experiences that amaze. More information about HP Inc. is available at http://www.hp.com.

Forward-Looking Statements

This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If the risks or uncertainties ever materialize or the assumptions prove incorrect, the results of HP Inc. and its consolidated subsidiaries ("HP") may differ materially from those expressed or implied by such forward-looking statements and assumptions.

All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to any projections of net revenue, margins, expenses, effective tax rates, net earnings, net earnings per share, cash flows, benefit plan funding, deferred tax assets, share repurchases, currency exchange rates or other financial items; any projections of the amount, timing or impact of cost savings or restructuring and other charges; any statements of the plans, strategies and objectives of management for future operations, including the execution of restructuring plans and any resulting cost savings, revenue or profitability improvements; any statements concerning the expected development, performance, market share or competitive performance relating to products or services; any statements regarding current or future macroeconomic trends or events and the impact of those trends and events on HP and its financial performance; any statements regarding pending investigations, claims or disputes; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing.

Risks, uncertainties and assumptions include the need to address the many challenges facing HP's businesses; the competitive pressures faced by HP's businesses; risks associated with executing HP's strategy; the impact of macroeconomic and geopolitical trends and events; the need to manage third-party suppliers and the distribution of HP's products and the delivery of HP's services effectively; the protection of HP's intellectual property assets, including intellectual property licensed from third parties; risks associated with HP's international operations; the development and transition of new products and services and the enhancement of existing products and services to meet customer needs and respond to emerging technological trends; the execution and performance of contracts by HP and its suppliers, customers, clients and partners; the hiring and retention of key employees; integration and other risks associated with business combination and investment transactions; the results of the restructuring plans, including estimates and assumptions related to the cost (including any possible disruption of HP's business) and the anticipated benefits of the restructuring plans; the resolution of pending investigations, claims and disputes; and other risks that are described in HP's Annual Report on Form 10-K for the fiscal year ended October 31, 2015, HP's Quarterly Reports on Form 10-Q for the fiscal quarters ended January 31, 2016, April 30, 2016 and July 31, 2016, and HP's other filings with the Securities and Exchange Commission. HP assumes no obligation and does not intend to update these forward-looking statements. HP's Investor Relations website at http://www.hp.com/investor/home contains a significant amount of information about HP, including financial and other information for investors. HP encourages investors to visit its website from time to time, as information is updated and new information is posted.

(1) Based on dimensional accuracy of +/-0.2 mm/0.008 inches, measured after sand blasting. See hp.com/go/3Dmaterials for more info on materials specifications. Based on the following mechanical properties: Tensile strength at 50, Modulus Z 1900, Modulus XY 1900. ASTM standard tests with PA-12 material.

(2) Based on internal testing and simulation, HP Jet Fusion 3D printing solution average printing time is up to 10x faster than FDM & SLS printer solutions from $100,000 USD to $300,000 USD on market as of April 2016. Testing variables: Part Quantity -1 full bucket of parts from HP Jet Fusion 3D at 20% of packing density vs same number of parts on above-mentioned competitive devices; Part size: 30g; Layer thickness: 0.1mm/0.004 inches. Fast Cooling is enabled by HP Jet Fusion 3D Processing Station with Fast Cooling, available in 2017. HP Jet Fusion 3D Processing Station with Fast Cooling accelerates parts cooling time vs recommended manufacturer time of SLS printer solutions from $100,000 USD to $300,000 USD, as tested in April 2016. FDM not applicable.

(3) Based on internal testing and public data, HP Jet Fusion 3D printing solution average printing cost-per-part is half the cost of comparable FDM & SLS printer solutions from $100,000 USD to $300,000 USD on market as of April 2016. Cost analysis based on: standard solution configuration price, supplies price, and maintenance costs recommended by manufacturer. Cost criteria: printing 1-2 buckets per day/ 5 days per week over 1 year of 30 grams parts at 10% packing density using the powder reusability ratio recommended by manufacturer.

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