EOS Holds 51% of Advanced Laser Materials
Shares
 KRAILLING/MUNICH,
Germany, and TEMPLE, TX, Apr 15, 2009 - EOS, the leading manufacturer of
laser-sintering systems, and Advanced Laser Materials, LLC (ALM), a developer
and manufacturer of materials for rapid manufacturing processes, has announced a
strategic partnership. Under the agreement, EOS will act as a majority
shareholder with 51 percent of ALM shares. The collaboration benefits both
partners. Combining the knowledge of both companies, they will together further
advance the development of plastic materials for rapid manufacturing via
laser-sintering, the key technology for e-Manufacturing.
For example, ALM recently introduced the new
fire-retardant polyamide, FR-106, an engineered
material for use in the laser-sintering process.
Its introduction represents a major breakthrough
in rapid manufacturing. As such it is a
particularly applicable material for the
aerospace industry, which EOS counts among its
key target industries. At the same time, ALM
finds a very strong industry partner in EOS,
which will open up new markets for them in
Europe. ALM also benefits from the patent
portfolio EOS offers. EOS, on the other hand,
through this partnership will secure and extend
closer collaboration with their customers,
particularly in the US market.
Johann Oberhofer, Chief Operating Officer at EOS emphasises: “With ALM we
found a partner which is a perfect fit for us. The collaborative work of both
research facilities will result in acceleration of materials development that
will be felt worldwide in the e-manufacturing industry. We welcome ALM as an
affiliate to the EOS family and are very confident that both companies can
jointly use the synergies created from this cooperation to advance the industry
as a whole.”
Bruce C. Thornton, Chairman of ALM, LLC adds: "The strategic partnership of
ALM with EOS makes another large step forward in the transition of laser
sintering from rapid prototyping to rapid manufacturing of functional parts. The
new generation of EOS laser sintering machines is being designed for
manufacturing, and the development of materials for the manufacturing of
functional parts is the primary focus of the ALM-EOS joint effort.”
About EOS
EOS was founded in 1989 and is today the world leading manufacturer of
laser-sintering systems. Laser-sintering is the key technology for
e-Manufacturing, the fast, flexible and cost-effective production of products,
patterns and tools. The technology manufactures parts for every phase of the
product life cycle, directly from electronic data. Laser-sintering accelerates
product development and optimizes production processes. EOS completed its
business year 2007/2008 with revenues of approximately 70 million Euros, which
is an increase of 17 percent compared to the previous year. The company employs
280 people worldwide, 230 of them at its headquarters in Krailling near Munich,
Germany.
For more information, visit www.eos.info.
About Advanced Laser Materials, LLC (ALM)
Advanced Laser Materials (ALM) is a Texas-based company that consults,
researches, develops, and manufactures materials for use in rapid prototyping
and manufacturing processes such as laser sintering. ALM specializes in working
closely with rapid prototyping and manufacturing companies to develop custom
materials designed to meet their specific application needs. ALM has several key
partnerships with material suppliers and developers, maintains its own in-house
analysis and development laboratories, and provides extensive quality control
data on its products. The company was started in 2003 with the participation of
the University of Texas at Austin Office of Technology Commercialization, the
Cockrell School of Engineering and a group of Texas-based investors.
For more information, visit www.alm-llc.com.
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See Also
EOS Systems
website
Rapid Prototyping Products
and Companies - list by TenLinks.com
Additional News
Jan 20 - EOS Ships Metal Powders for Aerospace Industry
Dec 3 - EOS, BESTinClass Joint Venture to Offer MMP in UK
Dec 3 - EOS to Present Part Property Profiles System at EuroMold
Dec 3 - Germany's LBC to Use 3rd EOSINT M 270 System
Dec 3 - EOS to Present EOSINT P Laser Sintering Systems at EuroMold
Aug 3 - UK's UCL Bartlett School of Architecture Picks EOSINT P
Apr 15 - EOS Holds 51% of Advanced Laser Materials Shares
Mar 9 - GPI Expands Prototype, Anatomicals with EOSINT M 270
Feb 18 - EOS, Victrex to Develop Peek Material for Laser-Sintering
Jul 9 - Aerospace, Manufacturing Firms Join to Form Research Center
Source: Material used in press releases is often supplied by external
sources and used as is.
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