MINNEAPOLIS & REHOVOT, Israel--(BUSINESS WIRE)--Stratasys Ltd. (NASDAQ: SSYS), a leading manufacturer of 3D printers and production systems for prototyping and manufacturing, today announced that it has received a coveted Gold Award at this year’s Concours Lépine International Inventions Exhibition, held recently within the Foire de Paris event, in France.
Stratasys was awarded the Gold Medal within the Concours Lépine’s Chamber & Senate Category after submitting a patent for a breakthrough pseudo composite material which offers innovative benefits in the manufacture of 3D printed parts and prototypes.
Using Stratasys’ highly precise PolyJet technology, the pseudo composite material, which boasts a multi-phase structure and pre-designed properties – including mechanical, thermo-mechanical, acoustical, optical and electrical, enables the design and formation of numerous combinations of materials.
“As it has for 112 years, the Concours Lépine continues to showcase pioneering creations from the most imaginative ideas,” says Gérard Dorey, President of the Concours Lépine. “Stratasys’ entry to the competition perfectly typifies the fundamental inventiveness that our judging panel are seeking, while also upholding the pre-requisite criteria of ingeniousness and economic viability.”
According to the Concours Lépine’s 2013 judging committee, Stratasys won the prestigious award in recognition of the innovative characteristics of the material and the ground-breaking functionality it affords users. The material also makes it possible to design and test prototypes that are very close to the desired end-user part in terms of mechanical properties and material combinations.
Having been selected by the competition’s President and Jury Members comprising different organizations and institutions, Stratasys was presented the Gold Medal accolade at an official awards ceremony, which also marked the end of the internationally-renowned, Concours Lépine.
As well as the awards competition, the 13-day long event provides a platform for the world's inventor community to unveil and display their innovations to the general public. The 2013 edition welcomed around six-hundred inventors, a third of them from abroad.
About Stratasys Ltd.
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. The Company manufactures 3D printers and materials for
prototyping and production. Its 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 in excess of 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.
Stratasys, Objet, PolyJet and FDM are registered trademarks of Stratasys Ltd.
Cautionary Statement Regarding Forward-Looking Statements
Statements
regarding Stratasys’ beliefs, intentions and expectations, including
statements regarding the expected functionality and capabilities of the
Stratasys technology, products and materials are forward-looking
statements. 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. These and other applicable factors are
discussed in this presentation and in Stratasys’ filings with the
Securities and Exchange Commission. These filings include the definitive
proxy statement/prospectus filed with the SEC on August 8, 2012, as well
as the filings that Stratasys, Inc. has made with the SEC and that
Stratasys Ltd. has made and will make with the SEC in the future,
including its report on Form 20-F to be filed for the year ended
12/31/2012. Any forward-looking statements included in this presentation
are as of the date they are given, and Stratasys does not intend to
update them if its views later change, 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.
Attention Editors, if you publish reader-contact information, please use:
| -- | USA | 1-877-489-9449 | ||||
| -- | Europe/Middle East/Africa | +49-7229-7772-0 | ||||
| -- | Asia Pacific | +852 39448888 |
