3D Systems Announces Management Changes.VALENCIA Valencia, region, Spain Valencia (välān`thēä), autonomous region (1990 pop. 3,902,429) and former kingdom, E Spain, on the Mediterranean. It now comprises the provinces of Alicante, Castellón, and Valencia. , Calif.--(BUSINESS WIRE)--June 22, 1999-- 3D Systems Corp. (Nasdaq/NMS:TDSC TDSC Thai Development Support Committee TDSC Time Domain Signal Coding TDSC Test Driver System - Charlie TDSC Time-Domain Spreading Code ) Tuesday announced that its founder and director, Charles W. Hull, has rejoined "Rejoined" is an episode of , the sixth episode of the fourth season. Quick Overview: Jadzia Dax is reunited with the mate of a former host and the two struggle with their feelings for one another. the company as vice president and chief technology officer and will once again lead its research and engineering division. The company also reported that Dr. Richard D. Balanson, president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. and board director, previously responsible for engineering and manufacturing, has resigned his positions to pursue opportunities outside the company. Additionally, the company announced the appointment of four new operating unit operating unit A type of operating company that engages in transactions with outsiders and that is owned by another business. For example, in 1995 the stockholders of Capital Cities/ABC approved a $19 billion merger with the Walt Disney Company, whereupon vice presidents, all promotions from within 3D Systems. The new vice presidents are Robert Baumgartner, vice president, sales, 3D Systems Europe; Grant Flaharty, vice president, finance and administration, 3D Systems Europe; Lee R. Dockstader, vice president, Asia-Pacific operations; and Robert P. Tressler, vice president, office systems sales. Finally, Frank J. Spina, vice president and chief financial officer, was promoted to senior vice president and CFO See Chief Financial Officer. . "We are delighted that Chuck Hull has rejoined the company that he founded and helped build," said Arthur B. Sims, chairman and chief executive officer. "His vision and in-depth knowledge of solid imaging technologies will ensure that 3D Systems will remain the innovative leader of the industry. "We are also pleased to see members of our management team growing in responsibility and taking senior positions in the company. Their energy, enthusiasm and solid contributions will continue to add to the company's momentum in the months ahead and provide additional focus to their operating units." About 3D Systems 3D Systems provides solid imaging products and services that allow users to move quickly from three-dimensional designs to finished parts, at a significantly lower cost and higher quality than more traditional methods. The company's systems utilize patented stereolithography The first 3D printing technology, which was pioneered by Chuck Hull of 3D Systems. See 3D printing. (SLA (1) (StereoLithography Apparatus) See 3D printing. (2) (Service Level Agreement) A contract between the provider and the user that specifies the level of service expected during its term. ) and 3-D printing technologies, which fabricate solid objects from digital input. This process offers significant competitive advantages by substantially reducing the time and cost required to design, develop and manufacture products. The company also licenses 3D Keltool, a commercially proven moldmaking solution that produces prototype, bridge and production tooling inserts. Based in Valencia, 3D Systems was founded in 1986, and is recognized as the world technology and market leader in solid imaging. To obtain additional information about 3D Systems' products and services, call 888/337-9786, ext. 709, or visit the company's Web site at www.3dsystems.com. For investor information, call the 3D Systems shareholder communications service at 800/757-1799. NOTE: 3D Systems and SLA are trademarks, and 3D Keltool and the 3D Systems logo are registered trademarks of 3D Systems Corp. |
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