3D Systems Signs Agreement to Resell Geomagic Software Worldwide; Combination of Software and Solid Imaging Systems Provides a Total Solution Unmatched in the Industry.Business Editors VALENCIA, Calif.--(BUSINESS WIRE)--Nov. 4, 2002 3D Systems Corp. (Nasdaq:TDSC TDSC Thai Development Support Committee TDSC Time Domain Signal Coding TDSC Test Driver System - Charlie TDSC Time-Domain Spreading Code ) has signed an agreement to resell Raindrop Geomagic software worldwide. The agreement will give manufacturers easier access to 3D Systems integrated solutions for Advanced Digital Manufacturing(SM) (ADM See add/drop multiplexer. (language) ADM - A picture query language, extension of Sequel2. ["An Image-Oriented Database System", Y. Takao et al, in Database Techniques for Pictorial Applications, A. Blaser ed, pp. 527-538]. ). Raindrop Geomagic provides a suite of software as an alternative to the traditional method of creating stereolithography The first 3D printing technology, which was pioneered by Chuck Hull of 3D Systems. See 3D printing. (STL (STereoLithography) A 3D printing file format created by 3D Systems for its stereolithography system. Also supported by many numerical control, rapid prototyping and rapid manufacturing machines, STL provides the surface geometry of the item in triangles. ) files using CAD software. Geomagic Studio software takes advantage of today's fast and accurate 3-D scanners, automatically converting point cloud In computer science, a point cloud is a set of three-dimensional points describing the outlines or surface features of an object, such as that produced by a 3D digitizer. data to polygon models, and providing tools for repairing and manipulating STL files. Geomagic Qualify software can be used to inspect dimensional accuracy of rapid prototyping Building a part one layer at a time using a method of additive fabrication such as 3D printing. Such parts are used for concept modeling to determine if the product design meets the customer's expectations. parts against STL or CAD files. Shrinkage compensation can be applied to the STL file for reproducing more accurate parts. STL files from Geomagic software are watertight, providing error-free CAD models to 3D Systems' solid imaging systems for Advanced Digital Manufacturing. ADM applications are increasing in the creation of end-use products as well as end-use parts from a mold, pattern, or tool generated on a solid imaging system. "This agreement is especially significant for manufacturing companies that are in the process of adopting ADM solutions," says Ping Fu, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Raindrop Geomagic. "Geomagic software was designed from the ground up for mass customization; it is ideally suited for small volume and highly customized manufacturing that requires fast design processes and the highest product quality." Raindrop Geomagic and 3D Systems have already collaborated on processes to improve the efficiency of ADM in areas such as orthodontics orthodontics: see dentistry. , hearing instruments, medical modeling, racecar race·car n. Sports An automobile used for racing. engine optimization, and recreating legacy parts. "This agreement builds on an existing productive relationship with Raindrop Geomagic," says Grant Flaharty, president and COO for 3D Systems. "3D Systems offers a total solution that no other rapid prototyping or manufacturing company in the market today can offer. This agreement enables 3D Systems to offer turnkey solutions for manufacturers that want the speed, customization and ease-of-use that characterize rapid manufacturing Building parts out of plastic or metal one layer at a time using a method of additive fabrication such as 3D printing. Multiple pieces, either similar or dissimilar, can be built simultaneously. in a fully digital environment. The data becomes the tool with the combination of software, solid imaging systems and advanced materials Advanced Materials is a leading peer-reviewed materials science journal published every two weeks. Advanced Materials includes Communications, Reviews, and Feature Articles from the cutting edge of materials science, including topics in chemistry, physics, . In today's economy companies are looking at ways to reduce their overhead costs overhead costs see fixed costs. and our ADM process is part of the solution. We are changing the way people design, develop and manufacture. With Raindrop Geomagic software and 3D Systems solid imaging systems we provide designers and manufacturers flexibility with design concepts and iterations, cost effective small lot production, and reduced inventory." About Raindrop Geomagic Raindrop Geomagic (www.geomagic.com) provides 3D photography solutions for digital manufacturing, mass customization and quality assurance. In addition to its flagship products, Geomagic Studio and Geomagic Qualify, Raindrop Geomagic offers customized software for vertical markets such as hearing instruments and dental devices. Manufacturers worldwide - including Toyota, Harley-Davidson, Fisher-Price, Align and many others - turn to Raindrop Geomagic to provide the technology for customizing products, automating processes, and increasing throughput. About 3D Systems Founded in 1986, 3D Systems, the solid imaging company(SM), provides solid imaging products and solutions that reduce the time and cost of designing products and facilitate direct and indirect manufacturing. Its systems utilize patented technologies to create physical objects from digital input that can be used in design communication, prototyping, and as functional end-use parts. 3D Systems currently offers the ThermoJet(R) solid object printer, 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. (R) (stereolithography) systems, SLS (Selective Laser Sintering) See laser sintering and 3D printing. (R) (selective laser sintering See laser sintering and 3D printer. ) systems, and Accura(TM) materials (including photopolymers, metals, nylons, engineering plastics, and thermoplastics). 3D Systems is the originator of the ADM (Advanced Digital Manufacturing(SM)) solution for manufacturing applications. ADM is the utilization of 3D Systems solid imaging technologies to accelerate production of smaller volumes of customized/specialized parts. A typical ADM center is expected to contain multiple 3D Systems' SLA, MJM MJM Multi-Jet Modeling (prototyping manufacturing) MJM Metropolitan Japanese Ministry MJM Married Jewish Male and/or SLS systems dedicated to full-time manufacturing applications. Product pricing in the U.S. ranges from $49,995, for the ThermoJet printer, to $799,000 for the high-end SLA 7000 system. 3D Systems' multiple platform product line enables companies to choose the most appropriate systems for applications ranging from the creation of design communication models to prototypes to production parts. More information on the company is available at www.3dsystems.com, or by phoning 888/337-9786, or 661/295-5600 ext. 2882 internationally. An investor packet can be obtained by calling 800/757-1799. Note to editors: Advanced Digital Manufacturing and the solid imaging company are service marks; si2 is a trademark; and ThermoJet, SLA, SLS, Keltool and the 3D logo are registered trademarks of 3D Systems Inc. Certain statements in this news release may include forward-looking statements that express the expectation, prediction, belief or projection of 3D Systems. These statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance and achievement of 3D Systems to be materially and adversely different from any future results, performance or achievement expressed or implied by these forward-looking statements. Factors that may cause actual results to differ from the forward-looking statements contained in this release and that may affect the company's prospects in general include, but are not limited to: the funding of amounts of capital adequate to provide for the working capital needs of the company; actions of competitors and customers; the company's ability to successfully design and produce new products; customer acceptance of new products; the company's ability to enter into successful relationships with new customers to fully exploit its products; the company's ability to successfully implement all elements of its restructuring and cost savings program, and such other factors as are described in the company's filings with the Securities and Exchange Commission. The company does not undertake to update any forward-looking statements. |
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