3D Systems to Offer Fractional Ownership of RP Systems
 ROCK
HILL,
South Carolina, March 28, 2007 - 3D Systems Corporation (NASDAQ: TDSC), a
leading provider of 3-D Modeling, Rapid Prototyping and Manufacturing
solutions, announced today that it has agreed to support Tangible Express of
Springville, Utah with its new and innovative fractional ownership program.
Tangible Express has adopted a business model that has been used
successfully in fractional business jet ownership to develop the Tangible
Alliance Program (TAP). This new program enables customers to purchase from
Tangible Express a fraction of a 3D Systems’ Rapid Prototyping and
Manufacturing System based on the customer’s anticipated annual system
utilization and parts demand. Customers can purchase single or multiple
fractions in 3D Systems’ equipment owned and operated by Tangible Express,
which includes 3D Systems entire Additive Manufacturing Technologies’
portfolio, at prices well below the cost of a single system. Tangible
Express operates the system, provides maintenance, builds and ships parts in
accordance with its TAP fractional owners’ requirements.
Under this collaborative arrangement, 3D Systems will support Tangible
Express’ Tangible Alliance Program with promotional marketing and other
product and technical support activities.
To fuel the anticipated growth of this exciting program, Tangible Express
recently ordered 10 more 3D Systems’ stereolithography and selective laser
sintering systems. To accommodate the arrival of its expanded fleet of 3D
Systems machines and to be able to offer broader materials selection and
faster turn around service for its customers, Tangible Express just
relocated into a new, larger state-of-the-art facility.
“Supporting Tangible Express with such an innovative, first in our
industry, program is another significant step in expanding access to our
system solutions and enabling an increasing number of potential users to
experience the difference our solutions can make in their design and
manufacturing activities,” said Abe Reichental, 3D Systems’ president and
chief executive officer. “We believe that this new channel for delivering
Rapid Prototyping and Manufacturing solutions will accelerate the adoption
and use of our systems and materials, by making our solutions more
accessible to a broader audience. We know for a fact that many of today’s
users desire to have SLA and SLS like parts but end up settling for lesser
systems due to their current volume requirements.
“Tangible Express and 3D Systems are focused on the same goal –
delivering the benefits of our systems’ solutions to a growing audience by
making ownership and operation of our systems more affordable and
right-sized to individual customer needs. We look forward to working with
Tangible Express to help its TAP program succeed in transforming the way
companies design, develop and manufacture their products,” concluded
Reichental.
"Fractional ownership of Rapid Prototyping and Manufacturing systems
provides a solution never before available to those who wish to access these
capabilities," said Alex Linde, Tangible Express’ President and chief
operating officer. "Using the Tangible Alliance Program, fractional owners
gain access to multiple RP processes and materials for a fraction of the
total cost of ownership."
“Tangible Express is introducing an entirely new concept to the rapid
design and manufacturing industry. Fractional ownership has never been
applied to the manufacturing sector until now,” commented Tangible’s founder
and chief executive officer David McInnis. “To have a company like 3D
Systems share our vision of how fractional ownership can make the industry
more dynamic as part of our team is exciting to us.”
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
e-mail at moreinfo@3dsystems.com.
About Tangible Express
Mass-market adoption of fractional ownership rapid prototyping buying
programs is the driving vision of Tangible Express. The company’s
revolutionary Tangible Alliance (TM) program is enabling designers,
engineers and manufacturers to develop 3D prototypes faster and more
efficiently. Learn more about the Tangible Alliance (TM) fractional
ownership solution, which puts the latest rapid manufacturing technology and
3D printing services within your reach. Tangible Express allows companies to
own the precise amount of rapid prototyping capacity that you need. Call
801-794-2466 to schedule a one-on-one review of the Tangible Express rapid
prototyping, fractional ownership program.
More information on the company is available at
www.tangibleexpress.com.
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Source: Material used in press releases is often supplied by external
sources and used as is.
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