Renault F1 Team and 3D Systems Launch Advanced Digital Manufacturing Center.Business Editors NOTE TO MEDIA: Multimedia assets available VALENCIA, Calif.--(BUSINESS WIRE)--Feb. 24, 2003 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 announced the launch of the Advanced Digital Manufacturing (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]. (SM)) Center with the Mild Seven Renault F1 Team. Under the new five-year agreement, 3D Systems and the Renault F1 Team have launched an Advanced Digital Manufacturing Centre at the team's facility at Enstone, part of the UK motorsport valley in Oxfordshire. The ADM Centre specifically concentrates on Formula 1 design and low-run production parts for the Renault F1 Team car. From the early days of the partnership in 1998, the team had been gradually expanding the use of solid imaging technology from 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. to manufacturing of wind tunnel wind tunnel, apparatus for studying the interaction between a solid body and an airstream. A wind tunnel simulates the conditions of an aircraft in flight by causing a high-speed stream of air to flow past a model of the aircraft (or part of an aircraft) being tested. models. These steps have led to direct manufacturing See rapid manufacturing. of production parts for testing and racing and in 2001, the first 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) system parts were fitted into a racecar race·car n. Sports An automobile used for racing. . The facility launched on Friday 21 February, features four SLA 7000 Systems, an OptoForm(TM) direct composite manufacturing (DCM DCM abbr. Distinguished Conduct Medal ) system and a ThermoJet(R) printer. They provide advanced manufacturing tools to support the aerodynamic development of Renault F1 single-seat racecars. Future additions to the ADM Centre will include 3D Systems' SLS (Selective Laser Sintering) See laser sintering and 3D printing. (R) (selective laser sintering See laser sintering and 3D printer. ) systems. Mike Gascoyne Michael "Mike" Gascoyne (born April 2, 1963) in Norwich, England, is a designer of Formula One cars. He is currently Chief Technology Officer for Spyker F1. Gascoyne has worked for several grand prix teams including McLaren, Sauber and Tyrrell. , technical director of Renault F1 Team UK said, "I am extremely pleased to see our partnership with 3D Systems flourish. I have been a strong believer in this technology since its first steps into Formula 1. It is now great to see a manufacturing structure of this capacity become exclusive to our facility. 3D Systems has been very responsive to the challenges posed by our environment. Together our engineers have worked for some time as a team to push the boundaries of this technology into real world applications." "Digital manufacturing of actual components is exactly what we need for our aerodynamic program," Gascoyne added. "We can rapidly make 50 of every single part you see on the car for wind tunnel testing. After wind tunnel testing we can chose the best design. This gives us the ability to test more parts for the same budget, which is a huge advantage for us. Not only can we build finished components a hundred times faster, but each part is infinitely more accurate. "The changeover from last year's bodywork bodywork /body·work/ (-wurk?) a general term for therapeutic methods that center on the body for the promotion of physical health and emotional and spiritual well-being, including massage, various systems of touch and manipulation, to a new aerodynamic package developed using ADM technology results in the Renault F1 Team racecar expected to go 1.5 seconds a lap quicker on the racetrack than earlier in the season. What's that worth in motor racing motor racing n (BRIT) → carreras fpl de coches; automovilismo motor racing motor n (Brit) → course f automobile terms? You can't put a price on it." Flavio Briatore Flavio Briatore (born April 12, 1950) is an Italian businessman and managing director of the Renault Formula One team. Early life and Benetton career Briatore was born in Verzuolo near Cuneo, Italy, in the Maritime Alps, from a family of elementary school teachers. , managing director of Renault F1 Team said, "Formula 1 is an intensely competitive environment in which the Renault F1 Team has historically excelled at developing crucial technological advantages over its rivals. To succeed again, we must collaborate with the strongest partners. I am delighted that 3D Systems has chosen the Renault F1 Team to showcase its innovative technology." "The launch of the ADM Center showcases what the combined efforts of 3D Systems and the Renault F1 Team have created over the past five years. The Renault F1 Team has been able to expand the use of our technology into real world manufacturing opportunities," said Grant Flaharty president and COO 3D Systems. "Our technologies have become a new and effective manufacturing process for many companies to reduce both cycle time and cost. Using our systems, companies such as the Renault F1 Team, are capable of building parts on demand directly from digital data. Companies are integrating ADM production into everyday manufacturing to create quick, accurate, production parts on demand." 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(R) (stereolithography The first 3D printing technology, which was pioneered by Chuck Hull of 3D Systems. See 3D printing. ) systems, SLS(R) (selective laser sintering) systems, and Accura(R) materials (including photopolymers, metals, nylons, engineering plastics, and thermoplastics). 3D Systems is the originator of the advanced digital manufacturing (ADM(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: ADM and the solid imaging company are service marks; and si2 and OptoForm is a trademark; and ThermoJet, SLA, SLS, Accura and the 3D logo are registered trademarks of 3D Systems Inc. Certain statements in this news release may include 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. 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. Note: Photos available at URLs: http://www.businesswire.com/cgi-bin/photo.cgi?pw.022403/bb1 http://www.businesswire.com/cgi-bin/photo.cgi?pw.022403/bb1a http://www.businesswire.com/cgi-bin/photo.cgi?pw.022403/bb1b |
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