Stratasys Chairman Scott Crump to Be Inducted into the Minnesota Inventors Hall of Fame

Fused deposition modeling technology recognized for its impact on economy, communities and society

MINNEAPOLIS & REHOVOT, Israel--(BUSINESS WIRE)--Stratasys Ltd. (Nasdaq:SSYS), a global leader of 3D printing and additive manufacturing solutions announced today that Chairman Scott Crump will be inducted into the Minnesota Inventors Hall of Fame (MIHF). Crump co-founded 3D printer manufacturer Stratasys Inc. with his wife, Lisa, in 1989.

MIHF inductees are selected based on the impact their inventions and creations have on Minnesota communities, the economy and society. Mr. Crump was selected as the sole inductee in the 2014 class and joins an elite group of past honorees that have shaped Minnesota’s culture of innovation, including 2013 inductee, Seymour Cray, father of the supercomputer and founder of Cray Research.

Mr. Crump is the inventor of the fused deposition modeling 3D printing process, which deposits layers of thermoplastic material to create prototypes and production parts. Stratasys Inc. was founded more than 25 years ago, and it emerged as a worldwide leader in unit sales over a decade ago. Since then Stratasys has been a leader in the 3D printing revolution, developing a range of systems and services that appeal to designers, engineers, educators and many others.

Mr. Crump was Chairman and CEO of Stratasys Inc. until December 2012, when the company merged with Objet Geometries to form Stratasys Ltd., and he became Chief Innovation Officer and Chairman of the combined companies.

“It is fitting that such an innovative and highly successful inventor was nominated and selected to be inducted into the Minnesota Inventors Hall of Fame,” said Raymond Walz, Secretary and Custodian of Records for the MIHF. “We are honored to welcome Mr. Crump.”

The induction ceremony will take place at the 57^th annual Minnesota Inventors Congress on May 2, in Minneapolis. The MIHF is a Minnesota nonprofit corporation. Its volunteer Board of Directors includes inventors, patent lawyers, members of the scientific community and the public.

The Minnesota Inventors Hall of Fame was established in 1976 to honor inventors generally and to draw attention to the economic and social importance of their contributions to society. The organization identifies Minnesotans who have made significant contributions through their inventions. The overall impact of the inventor's work is a more important consideration than the impact of a single invention.

Stratasys Ltd. (Nasdaq:SSYS), headquartered in Minneapolis, Minn. and Rehovot, Israel, is a leading global provider of 3D printing and additive manufacturing solutions. The company's patented FDM^® and PolyJet^TM 3D Printing technologies 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 digital-manufacturing service. Stratasys has more than 1800 employees, holds over 550 granted or pending additive manufacturing patents globally, and has received more than 25 awards for its technology and leadership. Online at: www.stratasys.com or http://blog.stratasys.com.

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