October 1, 2013
Stratasys Demonstrates Industry Leadership at the First Inside 3D Printing Conference & Expo in Asia Pacific
- To Deliver Keynote on 3D Printing Industry Trends of Mass Customization, Rapid Prototyping and Direct Digital Manufacturing
- Opens local operation in Singapore to Support Growing Demand for 3D printing in the ASEAN Region
- Inside 3D Printing Conference & Expo – October 1-2, 2013; Marina Bay Sands, Singapore
Singapore, October 1, 2013 - Stratasys Asia Pacific, a subsidiary of Stratasys Ltd. (NASDAQ: SSYS), a manufacturer of 3D printers and materials for personal use, prototyping and production, today announced its participation in the first Inside 3D Printing Conference & Expo in Asia Pacific. Stratasys’ Jonathan Jaglom, General Manager, Asia Pacific & Japan, will be delivering a keynote speech at the event on October 1 in Marina Bay Sands, Singapore.
Stratasys also announced the opening of its local office in Singapore. The new office will enable Stratasys to meet the demands its Asean-based customers and the local 3D printing market. The Singapore government recently announced the support of the industry with an investment of S$500 million over the next five years under its “Future of Manufacturing” program. This program is designed to drive the development and adoption of advanced manufacturing technologies. The new local operation allows Stratasys to capture this opportunity. Inside 3D Printing Conference & Expo will feature many influential industry leaders and analysts from within the industry, sharing insights on 3D printing industry trends and policy issues and showcasing advanced 3D printing technologies and services. In his keynote, Jaglom will address the 3D printing trends in areas of mass customization, rapid prototyping and direct digital manufacturing.
“I am delighted to have the opportunity to share our views on the 3D printing industry with industry leaders and stakeholders,” said Jonathan Jaglom. “Adoption of 3D printing, particularly in the Asia Pacific region, has increased significantly in the past few years. In addition to Singapore, other governments, including China and Japan, have also stated their support for the industry. We expect adoption to grow in the region. As an industry leader, we strive to continue offering cutting-edge technologies, helping to shape the industry’s innovation and service excellence standards. ”
Stratasys has been serving customers in the South East Asia and in particular, in Singapore, for many years, spanning multiple sectors including automotive, consumer electronics, consumer goods, industrial machinery, education, medical and dental. Establishing local presence in Singapore will enable Stratasys to offer the most appropriate solutions and support to both its channel partners and customers in Singapore.
Stratasys Ltd. (NASDAQ:SSYS), headquartered in Minneapolis, Minn. and Rehovot, Israel, 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 3D printers for idea development, prototyping and direct digital manufacturing. Stratasys subsidiaries include MakerBot and Solidscape and the company operates the RedEye On Demand digital-manufacturing service. Stratasys has more than 1500 employees, holds over 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.