ROCK HILL, S.C., Nov. 24, 2009 (GLOBE NEWSWIRE) -- 3D Systems Corporation (Nasdaq:TDSC), a leading provider of 3-D Printing, Rapid Prototyping and Manufacturing solutions, announced today that it acquired the assets of AdvaTech Manufacturing, a leading provider of rapid prototyping and manufacturing services to the aerospace and defense industries.
AdvaTech Manufacturing has a well established and respected name in the aerospace, defense and motorsports industries. The company, based in Goodland, Indiana, is ISO 9001:2000 and AS9100B certified. James Butler, owner of AdvaTech, joined 3D Systems as director of its 3Dproparts(TM) Selective Laser Sintering Manufacturing operations.
3D Systems launched 3Dproparts(TM), the world's largest Rapid Prototyping and Manufacturing parts service, on October 1, 2009. The company plans to continue to expand its 3Dproparts(TM) service offerings by bringing together the widest range of production and additive grade materials and the latest additive and traditional manufacturing systems to deliver to its customers the broadest available range of precision plastic and metal parts and assemblies. The acquisition of AdvaTech Manufacturing enhances 3Dproparts(TM) Selective Laser Sintering manufacturing capabilities and expands the company's reach into aerospace and defense production for commercial and military applications.
"We are pleased to add a reputable certified aerospace and defense manufacturer of AdvaTech's caliber to our expanding 3Dproparts(TM) service," said Abe Reichental, President and CEO of 3D Systems. "Under Jim Butler's capable leadership, we intend to expand our Selective Laser Sintering manufacturing capacity and capabilities for the benefit of our aerospace and defense customers."
Forward-Looking Statements
Certain statements made in this release that are not statements of historical or current facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to be materially different from historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements that explicitly describe such risks and uncertainties, readers are urged to consider statements in the conditional or future tenses or that include terms such as "believes," "belief," "expects," "estimates," "intends," "anticipates" or "plans" to be uncertain and forward-looking. Forward-looking statements may include comments as to the company's beliefs and expectations as to future events and trends affecting its business and are necessarily subject to uncertainties, many of which are outside the control of the company. The factors described under the headings "Forward-Looking Statements," "Cautionary Statements and Risk Factors," and "Risk Factors" in the company's periodic filings with the Securities and Exchange Commission, as well as other factors, could cause actual results to differ materially from those reflected or predicted in forward-looking statements.
About 3D Systems Corporation
3D Systems is a leading provider of 3-D Printing, Rapid Prototyping and Manufacturing solutions. Its systems and materials reduce the time and cost of designing products and facilitate direct and indirect manufacturing by creating actual parts directly from digital input. These solutions are used for design communication and prototyping as well as for production of functional end-use parts: Transform your products.
More information on the company is available at www.3DSystems.com, www.modelin3D.com, www.toptobottomdental.com, www.3Dproparts.com, www.mqast.com, http://blog.3Dsystems.com, or via email at moreinfo@3Dsystems.com.
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