- 3Deimention connects with high-tech, aerospace and robotics customers in Israel
- Speed 3D Mold, a longtime customer, expands relationship to serve as sales representative in Thailand
NORTH HUNTINGDON, PA, March 26, 2015 – The ExOne Company (Nasdaq: XONE), a global provider of three-dimensional printing machines and printed products to industrial customers, announced today the appointment of two new independent sales representatives in Israel and Thailand for ExOne’s complete product portfolio, including 3D printing machines, 3D printed products and industrial microwave systems. ExOne has named 3Deimention as its independent sales representative for the Israeli market and Speed 3D Mold as its independent sales representative in Thailand.
“Israel and Thailand represent untapped markets with potential for the global expansion of ExOne’s binder jetting industrial 3D printing technology,” said Stefan Tudyka, ExOne’s Head of European Sales. “Through their relationships with ExOne, 3Deimention and Speed 3D Mold can apply their regional market knowledge and experience to introduce the benefits of 3D printing to manufacturers of complex metal components in each region.”
ExOne’s expansion into Israel and Thailand will be handled as follows:
- Israel: 3Deimention promotes industrial design and 3D printing by providing customers with strategic solutions from their highly-skilled professionals. Working with customers in the high-tech and industrial fields, including aerospace and robotics, the 3Deimention expert team will distribute a range of ExOne products, including all direct and indirect printers and microwaves for curing processes. 3Deimention is owned by Dei Holding LTD, Octally Services LTD and Lamed Investment and Trade LTD. For more information, visit www.3deimention.co.il.
- Thailand: Speed 3D Mold, a full-line supplier that 3D prints molds and cores and also casts directly at their own facility, has been successfully utilizing an ExOne S-Max machine since September 2011. As part of the appointment, Speed 3D Mold will sell ExOne’s extensive line of 3D printing solutions in the Thai market, while offering extensive industry knowledge to the customers. For more information, visit http://www.speed3dmold.com
For more information regarding binder jetting industrial 3D printing applications, visit ExOne’s website at www.exone.com.
ExOne is a global provider of 3D printing machines and 3D printed products, materials and services to industrial customers. ExOne’s business primarily consists of manufacturing and selling 3D printing machines and printing products to specification for its customers using its installed base of 3D printing machines. ExOne offers pre-production collaboration and print products for customers through its eight PSCs, which are located in the United States, Germany, Italy and Japan. ExOne builds 3D printing machines at its facilities in the United States and Germany. ExOne also supplies the associated materials, including consumables and replacement parts, and other services, including training and technical support, necessary for purchasers of its machines to print products.
Safe Harbor Regarding Forward Looking Statements
This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.
Forward-looking statements are subject to risks, uncertainties and assumptions and are identified by words such as “expects,” “estimates,” “projects,” “typically,” “anticipates,” “believes,” “appears,” “could,” “plan,” and other similar words. Such statements include, but are not limited to, statements concerning future revenue and earnings, involve known and unknown risks, uncertainties and other factors that could cause the actual results of the Company to differ materially from the results expressed or implied by such statements, which include our ability to qualify more materials in which we can print; the availability of skilled personnel; the impact of increased operating expenses and expenses relating to proposed acquisitions, investments and alliances; our strategy, including the expansion and growth of our operations; the impact of loss of key management; our plans regarding increased international operations in additional international locations; sufficiency of funds for required capital expenditures, working capital, and debt service; the adequacy of sources of liquidity; expectations regarding demand for our industrial products, operating revenues, operating and maintenance expenses, insurance expenses and deductibles, interest expenses, debt levels, and other matters with regard to outlook; demand for aerospace, automotive, heavy equipment, energy/oil/gas and other industrial products; the scope, nature or impact of acquisitions, alliances and strategic investments and our ability to integrate acquisitions and strategic investments; liabilities under laws and regulations protecting the environment; the impact of governmental laws and regulations including the related challenges of conducting business in international locations such as Russia; operating hazards, war, terrorism and cancellation or unavailability of insurance coverage; the effect of litigation and contingencies; the impact of disruption of our manufacturing facilities or PSCs; the adequacy of our protection of our intellectual property; material weaknesses in our internal control over financial reporting and other factors disclosed in the Company’s Annual Report on Form 10-K and other periodic reports filed with the Securities and Exchange Commission. Because they are forward-looking, these statements should be evaluated in light of important risk factors and uncertainties.
Should one or more of these risks or uncertainties materialize, or should any of ExOne’s underlying assumptions prove incorrect, actual results may vary materially from those currently anticipated. The Company disclaims any obligation to update or publicly announce any revisions to any of the forward-looking statements contained in this news release.
For more information, contact:
ExOne Chief Financial Officer