3D Systems Announces the Appointment of Cary Love to Vice President Global 3-D Printing.VALENCIA, Calif. -- 3D Systems Corporation (Nasdaq:TDSC TDSC Thai Development Support Committee TDSC Time Domain Signal Coding TDSC Test Driver System - Charlie TDSC Time-Domain Spreading Code ), a leading provider of rapid 3-D printing, prototyping and manufacturing solutions, announced today that it has named Cary Love to the position of Vice President Global 3-D Printing, effective immediately. In this role, Love will manage the Company's entire 3-D printing business globally. Love will direct all related 3-D printing sales and marketing activities, and will drive the accelerated development of an authorized au·thor·ize tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es 1. To grant authority or power to. 2. To give permission for; sanction: 3-D printing reseller channel. Love joins 3D Systems with 17 years' experience in the 2-D printing industry with Xerox Wide Format, a division of Xerox Corporation (company) XEROX Corporation - http://xerox.com/. See also XEROX PARC, XEROX Network Services. (NYSE NYSE See: New York Stock Exchange :XRX XRX Xerox Corporation (stock symbol) ) where he held numerous progressive sales and marketing positions. Most recently, Love served as National Manager, Channel Operations, directing channel sales and marketing operations for the entire portfolio of Xerox's large-format printers See wide-format printer. , scanners and document software management systems. "I am delighted to welcome a professional of Cary's experience to our team," said Abe Reichental, 3D Systems' president and chief executive officer. "Cary brings with him years of relevant hands-on experience in 2-D printing reseller channel development and management from Xerox, where he focused on his customer's success, delivered consistently improved results and developed strategic relationships and significant industry contacts. "As we have mentioned previously, most 3-D CAD users today employ a 2-D plotter or wide-format printer A printer that prints on large paper, which can range from two to more than 15 feet in width. Such printers typically use inkjet technology to print on a variety of output, including premium glossy-coated paper for signs and posters. to transmit onto paper their concepts and designs. We estimate that approximately one million 2-D plotters and wide-format printers serve the five million 3-D CAD seats deployed worldwide. We believe that a potential exists to replace or complement every other 2-D plotter and wide-format printer with the right 3-D printer and, accordingly, we are expanding our 3-D printing activities to benefit from this emerging trend. The addition of Cary Love to our senior management team in this key position is yet another significant investment we are making to ensure the success of this important initiative," concluded Reichental. Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. Certain statements made in this release are forward-looking statements. These statements include comments as to the Company's beliefs and expectations as to future events and trends affecting its business. These forward-looking statements are based upon management's current expectations concerning future events and trends and are necessarily subject to uncertainties, many of which are outside the control of the Company. The factors stated under the heading "Forward-Looking Statements" and "Cautionary Statements and Risk Factors" in management's discussion and analysis Management's discussion and analysis (MD&A) A report from management to shareholders that accompanies the firm's financial statements in the annual report. It explains the period's financial results and enables management to discuss topics that may not be apparent in the financial of financial condition and results of operations, which appear 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 such statements. About 3D Systems Founded in 1986, 3D Systems is a leading provider of rapid 3-D printing, 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 to produce functional end-use parts: Transforming the way people design, develop and manufacture products. More information on the Company is available at www.3dsystems.com, or by phoning 888-337-9786, x2882 (or 661-295-5600, x2882 from outside the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. ), or via email at moreinfo@3dsystems.com. |
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