SSYS on a role.....or more accurately...continues to roll.
Listen to CC and review earnings! Smashing Success.
Stratasys Surpasses 2003 Dimension 3D Printer Shipments in First Seven Months of 2004
MINNEAPOLIS, Aug 2, 2004 (BUSINESS WIRE) -- Stratasys, Inc. (Nasdaq: SSYS)
announced today it has shipped more Dimension 3D Printers in the first seven
months of 2004 than it did during all of 2003. The explosive growth is being
driven by the Dimension 3D Printing Group, a business unit of Stratasys, and is
a result of continued demand from end users in multiple industries for low-cost,
desktop 3D printers.
Stratasys' Dimension BST(TM) and Dimension SST(TM) systems both experienced
increased sales in the first half of 2004, providing users industry-leading
pricing and operational convenience. Stratasys' worldwide network of resellers
continues to help the company expand the 3D printing marketplace, securing sales
in new vertical industries including education, architecture, consumer products
and packaging, and industrial design.
"We are excited to reach this significant sales milestone this early in the
year," said Scott Crump, chairman and chief executive officer of Stratasys.
"There is substantial demand among designers in multiple industries for an easy,
office-friendly way to produce 3D models. This trend is especially true within
the education market, where we have experienced tremendous growth. We are
meeting that demand by providing affordable, desktop 3D printers that enable
true, hands-free operation and produce durable 3D prints."
The Dimension SST includes all of the functionality of Dimension BST - which
sells for $24,900 - and also incorporates an automated soluble support removal
system, which gives users greater convenience in the design process by reducing
engineering time and enabling the development of prototypes with more complex
design geometries. The Dimension SST sells for $34,900. Some of the Dimension
SST and Dimension BST systems sold during the first seven months of 2004 will be
used by Dimension resellers for demonstration purposes.
Stratasys, Inc. is a worldwide provider of office prototyping and 3D printing
solutions. The company manufactures rapid prototyping and 3D printing systems
for the automotive, aerospace, industrial, recreational, electronic, medical,
consumer products OEM, and education markets. The company's patented Fused
Deposition Modeling (FDM) rapid prototyping processes create precision
three-dimensional plastic and wax prototyping parts directly from 3D
computer-aided-design (CAD) systems. Stratasys holds more than 110 granted and
pending patents worldwide focused on rapid prototyping. The company is located
at 14950 Martin Drive, Eden Prairie, Minnesota 55344-2020, and on the Web at
www.Stratasys.com and www.Dimensionprinting.com.
All statements herein that are not historical facts or that include such words
as "expect", "anticipates", "project", "estimates" or "believe" or similar words
are forward-looking statements that we deem to be covered by and to qualify for
the safe harbor protection covered by the Private Securities Litigation Reform
Act of 1995. Except for the historical information herein, the matters discussed
in this news release are forward-looking statements that involve risks and
uncertainties; these include the continued market acceptance and growth of our
Dimension BST(TM), Dimension SST(TM), Prodigy Plus, FDM Maxum(TM), Triplets(TM),
FDM Vantage(TM), and Titan(TM) product lines; the size of the 3D Printing
market; our ability to penetrate the 3D Printing market; our ability to maintain
the growth rates experienced in this and preceding quarters; our ability to
introduce and market new materials such as polyphenylsulfone and the market
acceptance of this and other materials; the impact of competitive products and
pricing; the timely development and acceptance of new products and materials;
our ability to effectively and profitably market and distribute the Eden; and
the other risks detailed from time to time in our SEC Reports, including the
reports on Form 10-Q for the quarter ended March 31, 2004 and on Form 10-K for
the year ended December 31, 2003.
This release is also available on the Stratasys Website at www.Stratasys.com.
SOURCE: Stratasys, Inc. |
