3D Systems and Symyx Technologies Collaborate on Advanced Materials for Rapid Prototyping and Manufacturing.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 entered into an exclusive agreement with Symyx Technologies Symyx Technologies NASDAQ: SMMX is a pioneer in the area of combinatorial chemistry applied to heterogeneous catalysis and homogeneous catalysis, polymer formulations, electronic and magnetic materials. , Inc. (Nasdaq:SMMX) under which 3D Systems and Symyx will work together to discover and commercialize 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, with improved properties and performance for use in 3D Systems' 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. and 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. solutions. Under the agreement, 3D Systems will fund research by Symyx into new materials, Symyx will apply its proprietary high-throughput research technologies to discover novel materials for 3D Systems, and 3D Systems will have exclusive rights to commercialize the discovered materials within its field of business and will pay royalties to Symyx on sales of the materials that it commercializes. "This collaboration Working together on a project. See collaborative software. is another significant step toward the achievement of our long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. Rapid Manufacturing business development goals," said Abe Reichental, 3D Systems' President and Chief Executive Officer. "As we have said before, we are committed to developing advanced materials with the performance characteristics and functionality range suitable for manufacturing end-use parts and assemblies. We expect our research and development program with Symyx, a world-class research and development partner with proprietary high-throughput research technologies, to yield accelerated discovery and commercialization of new higher functionality affordable materials for everyday rapid manufacturing applications." "We are excited to work with 3D Systems, a leader in the field of rapid prototyping and rapid manufacturing, to develop new solutions for their industry by applying our proprietary high-throughput research technologies," said Steven Goldby, Chairman and Chief Executive Officer of Symyx Technologies. "High-throughput research enables faster, more efficient and more creative solutions than those made possible using traditional research methods. We look forward to working with 3D Systems to enable advances in this field." 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 Symyx Symyx Technologies, Inc. is dedicated to helping customers maximize the effectiveness and success of their research and development programs. Symyx develops and applies high-throughput research technologies and research software for customers in the pharmaceutical, chemical, energy, electronics and other industries. Symyx performs research for customers using proprietary technologies to discover new and innovative materials, sells automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. high-throughput instrumentation instrumentation, in music: see orchestra and orchestration. instrumentation In technology, the development and use of precise measuring, analysis, and control equipment. and licenses software for use in customers' own laboratories, and licenses discovered materials, sensors
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 via email at moreinfo@3dsystems.com. |
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