Stratasys, Inc., Minneapolis, is a maker of additive-manufacturing machines for prototyping and producing plastic parts. The company markets under the brands uPrint and Dimension 3D Printers and Fortus Production 3D Printers. Stratasys manufactures 3D printers for Hewlett Packard, which it sells under the brand Designjet3D. In 2011, Stratasys acquired 3D printer maker Solidscape Inc. According to Wohlers Report 2011, Stratasys had a 41-percent market share in 2010, and has been the unit market leader for the ninth consecutive year. Stratasys patented and owns the Fused Deposition Modeling (FDM®) process. The process creates functional prototypes and manufactured goods directly from any 3D CAD program, using high-performance industrial thermoplastics. The company holds more than 285 granted or pending additive-manufacturing patents globally. Stratasys products are used in the aerospace, defense, automotive, medical, business and industrial equipment, education, architecture, and consumer-product industries. Online at: www.Stratasys.com
RedEye, FDM, Stratasys, Fortus and Dimension are registered trademarks, and RedEye On Demand and FDM Technology are trademarks, of Stratasys Inc.
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Forward Looking Statements
All statements herein that are
not historical facts or that include such words as "expects,"
"anticipates," "projects," "estimates," "vision," "could," "potential,"
"planning", "intends", "desires", "assume" or "believes" or similar
words constitute forward-looking statements covered by the safe harbor
protection of the Private Securities Litigation Reform Act of 1995.
Except for the historical information herein, the matters discussed in
this news release are forward-looking statements that involve risks and
uncertainties. These include statements regarding projected revenue and
income in future quarters; the size of the 3D printing market; our
objectives for the marketing and sale of our Dimension(R) and
uPrint(R) 3D Printers; our support removal systems; and our
Fortus(R) 3D Production Systems, particularly for use in
direct digital manufacturing (DDM); the demand for our proprietary
consumables; the expansion of our paid parts service; and our beliefs
with respect to the growth in the demand for our products. Other risks
and uncertainties that may affect our business include our ability to
penetrate the 3D printing market; the success of our distribution
agreement with HP; our ability to achieve the growth rates experienced
in preceding quarters; our ability to introduce, produce and market
consumable materials, and the market acceptance of these materials; the
impact of competitive products and pricing; our timely development of
new products and materials and market acceptance of those products and
materials; the success of our recent R&D initiative to expand the DDM
capabilities of our core FDM technology; and the success of our RedEye
On DemandTM and other paid parts services. They also include
statements about future financial and operating results of our company
after the acquisition of Solidscape and anticipated benefits of the
acquisition. Actual results may differ from those expressed or implied
in our forward-looking statements. Such forward-looking statements
involve and are subject to certain risks and uncertainties, which may
cause our actual results to differ materially from those discussed in a
forward-looking statement. Such risk factors include our ability to
successfully integrate and market Solidscape products, our ability to
retain management and our ability to protect and defend intellectual
property. These statements represent beliefs and expectations only as of
the date they were made. We may elect to update forward-looking
statements, but we expressly disclaim any obligation to do so, even if
our beliefs and expectations change. In addition to the statements
described above, such forward-looking statements are subject to the
risks and uncertainties described more fully in our current report on
Form 8-K filed in connection with the completion of our acquisition of
Solidscape and in our reports filed or to be filed with the Securities
and Exchange Commission, including our annual reports on Form 10-K and
quarterly reports on Form 10-Q.
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