3D Systems Opens Interim Facility in Rock Hill.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. -- 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 opened a 12,000 square foot temporary facility in Rock Hill, S.C., to serve as its initial base of operations Noun 1. base of operations - installation from which a military force initiates operations; "the attack wiped out our forward bases" base air base, air station - a base for military aircraft army base - a large base of operations for an army in Rock Hill. The company has previously announced its plans to consolidate its corporate headquarters, its principal R&D activities and all other key support functions into a new facility in the Waterford Waterford, county, Republic of Ireland Waterford (wô`tərfərd), county (1991 pop. 91,624), 710 sq mi (1,839 sq km), S Republic of Ireland. The county seat is the port town of Waterford. Industrial Park in Rock Hill, which is located 25 miles south of Charlotte, N.C. The company expects to complete its move to this new global headquarters by September September: see month. 30, 2006. "We are very pleased to be able to commence certain operations in Rock Hill," said Abe Reichental, 3D Systems' president and chief executive officer. "The opening of this office enables us to immediately begin to transition certain day-to-day activities as well as to use it as a base from which to launch our local recruiting, hiring and training of new employees." The company plans to begin relocating its sales administration, operating and human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. activities, its technical field support call center and its finance department into this temporary facility within the next few weeks. "We expect our local presence in Rock Hill to enable us to work closely with our local architects, developers and contractors to ensure that we execute the design and construction of our new facility on time and on budget," continued Reichental. "Our interim office is located near downtown Rock Hill across the street from York York, former name of Toronto, Canada York, Ont.: see Toronto, Ont., Canada. York, city, England York, city (1991 pop. 123,126) and district, North Yorkshire, N England, at the confluence of the Ouse and Foss rivers. Technical College, which provides us with the opportunity to work together with our colleagues at the College to develop the programs and curriculum required to launch our planned state-of-the-art training center, 3D Systems University, for our customers, resellers and employees. "We have been extremely pleased with the cooperation and enthusiasm exhibited by the City of Rock Hill, the Rock Hill Economic Development Corporation, York Technical College and Winthrop University in assisting our relocation RELOCATION, Scotch law, contracts. To let again to renew a lease, is called a relocation. 2. When a tenant holds over after the expiration of his lease, with the consent of his landlord, this will amount to a relocation. to their community. They have been instrumental in assisting us with our new office. We are very pleased that as of today we have the opportunity to become a contributing member of the vibrant Rock Hill community," continued Reichental. "The opening of this new office in Rock Hill is a significant and timely milestone in our plan to consolidate our operations and improve our longterm operating efficiencies. We are tracking to our plan and are pleased with our overall progress to date on this important initiative," concluded Reichental. The company's interim facility is located at 454 South Anderson Road Anderson Road (Traditional Chinese: 安達臣道; Simplified Chinese: 安达臣道 in Rock Hill, SC 29730. 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 that are not statements of historical or current facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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 future or conditional tenses or that include terms such as "believes," "belief," "expects," "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. 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 company's control. 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 results of operations and financial condition, 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 those reflected or predicted in forward-looking statements. About 3D Systems Corporation 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 for production of functional end-use parts: Transform your products. More information on the company is available at www.3dsystems.com, or by phoning 888-337-9786, ext. 2882 (or 661-295-5600, ext. 2882 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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