MINNEAPOLIS & REHOVOT, Israel — (BUSINESS WIRE) — February 18, 2014 — Stratasys Ltd. (Nasdaq: SSYS), a manufacturer of 3D printers and materials for personal use, prototyping and production announced that it has been awarded the Leadership in Engineering award for Digital Manufacturing by Design World Magazine. Chosen by the publications readers, the Leadership in Engineering award is an industry recognition program designed to acknowledge engineering leadership across several disciplines.
Winners were chosen by Design World online users via a registration based online voting system. According to Design World, they received more than 7,000 votes across all categories which represented a 300 percent increase in overall traffic from the prior year program.
Direct digital manufacturing is the process of using additive manufacturing (or 3D printing) systems for the purpose of production, as opposed to prototyping. Stratasys views direct digital manufacturing as a growth area, and believes that in the future, production applications could grow even faster than prototyping applications. Stratasys Fortus 3D Production Systems are designed primarily for production applications.
Stratasys Ltd. (NASDAQ: SSYS), headquartered in Minneapolis, Minn. and Rehovot, Israel, manufactures 3D printers and materials for prototyping and production. The companys 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 digital-manufacturing service. Stratasys has more than 1700 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 and the potential growth of our industry and market, 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 relating to Stratasys 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 Dec. 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.
Fortus and Stratasys are registered trademarks of Stratasys Ltd. and or its subsidiaries or affiliates. Design World is a trademark of WTWH Media, LLC.
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