3D Systems Selects Canon to Manufacture V-Flash Desktop Modeler
ROCK
HILL,
South Carolina, June 6, 2007 - 3D Systems Corporation (NASDAQ: TDSC), a leading
provider of 3-D Modeling, Rapid Prototyping and Manufacturing solutions,
announced today that it has selected Canon Virginia, Inc., a subsidiary of
Canon U.S.A, Inc., to manufacture its V-Flash compact Desktop Modeler. On
January 18, 2007, 3D Systems announced its plans to introduce a
revolutionary, fast, simple and compact new office modeler, the V-Flash
Desktop Modeler, this summer. The V-Flash Desktop Modeler can build
ready-to-use, three-dimensional models within hours at home, school or
office workstations. The cost-effective model-maker will enable designers,
engineers, hobbyists and students to imagine, design and produce their ideas
at their desks.
The V-Flash Desktop Modeler is the first product 3D Systems plans to
bring to market this summer that is based on a breakthrough fourth
technology platform. This innovative and advanced technology platform
enhances the company’s already comprehensive portfolio of 3-D Modeling,
Rapid Prototyping and Manufacturing solutions. The company’s development of
cutting-edge proprietary Film Transfer Imaging (FTI) technology enabled the
development of this simple, fast, compact and affordable desktop modeler, a
solution that the company expects will surpass all other current technology
3-D printers on the market.
“We are very pleased to be selected by 3D Systems as their manufacturing
partner for this exciting and innovative new product,” said Takayoshi
Hanagata, president and chief executive officer of Canon Virginia. “3D
Systems will benefit from the latest manufacturing technologies, process
knowledge and expertise without having to make substantial capital
investments or dedicate additional resources. Utilizing the Canon Production
System and our principles, we combine our extensive workforce training with
state-of-the-art technology and strict quality assurance techniques.”
Canon Virginia uses world-class lean manufacturing processes to help
enable consistently smooth product introduction and quick ramp-ups. Through
this arrangement, 3D Systems will rely on Canon Virginia’s proven ability to
create efficient processes to produce the high quality products, on time,
and at the lowest possible cost.
Canon also has a strong commitment to its community and environment.
Guided by the philosophy known as “kyosei,” or living and working together
for the common good, Canon constantly seeks new ways to reduce waste
streams. Because of its expertise in recycling, reclamation and waste-stream
reduction of office imaging equipment, Canon will offer 3D Systems a
cartridge collection and recycling program, and administer it on its behalf.
“We are delighted to team up with a world class manufacturer such as
Canon Virginia, Inc.,” said Abe Reichental, 3D Systems’ president and chief
executive officer. “The development of the V-Flash Desktop Modeler
represents a significant and important building block in our comprehensive
strategy to provide our customers with solutions that transform the way they
design and manufacture new products. Today’s announcement underscores our
strong commitment to this new technology and our belief in its enormous
growth potential. We believe that this technology platform will enable us to
broaden our marketplace reach and accelerate the adoption of this
revolutionary technology,” concluded Reichental.
Both companies commenced working together to deliver this new
revolutionary system to market. The V-Flash Desktop Modeler is expected to
be the most economical machine of its kind at $9,900, making it affordable
for businesses, hobbyists and educational institutions.
The V-Flash Desktop Modeler will be available in the summer of 2007 in
the United States. More information on this revolutionary new model-maker is
available at www.modelin3d.com .
About 3D Systems Corporation
3D Systems is a leading provider of 3-D Modeling, Rapid 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 Canon Virginia, Inc.
Located in Newport News, Va., Canon Virginia, Inc. uses world-renowned
production systems and extensive technical and manufacturing expertise to
offer manufacturing solutions, including injection mold tools, metal and
plastic parts, product manufacturing and reverse manufacturing. From concept
to completion, from innovation to delivery, Canon Virginia ensures the
reliability of world-class quality and efficiency representative of the
Canon name. For more information, call 1-757-881-6300 or visit
www.cvi.canon.com.
About Canon U.S.A., Inc.
Canon U.S.A., Inc. delivers consumer, business-to-business and industrial
imaging solutions. The company is listed as one of Fortune’s Most Admired
Companies in America and is rated #35 on the BusinessWeek list of “Top 100
Brands.” Its parent company, Canon Inc. (NYSE:CAJ), is a top patent holder
of technology, ranking second overall in the U.S. in 2005, with global
revenues of $31.8 billion. For more information, visit
www.usa.canon.com.
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