Stratasys to Terminate Arcam FDM Distribution Agreement
 MINNEAPOLIS, MN, Jan
4, 2008 - After two years of distributing Arcam additive fabrication systems
in North America, Stratasys (Nasdaq: SSYS) says it will transition out of
distributing the product line.
Arcam and Stratasys mutually agreed to terminate the distribution
agreement. Since January 2006, Stratasys has been responsible for marketing
and sales for Arcam in North America. Both companies are working together to
create a smooth transition of operations from Stratasys to Arcam.
Arcam sales represent a small percentage of Stratasys revenues, and this
change will not materially impact Stratasys revenue plans or strategy.
"Arcam's product was a complement to our high-end FDM product group,"
says Woody Frost, Stratasys VP of sales and marketing for high-end FDM
systems. "However, with a thriving demand for our high-end FDM line and a
better-than-anticipated response to our new FDM 900mc direct digital
manufacturing system, we have decided to concentrate on growing our organic
business."
Effective January 4, 2008, Arcam will assume full responsibility for all
its marketing and sales operations in North America. The sales activities
will be coordinated with Arcam's current direct service and support
operations, Arcam CAD to Metal Inc., established in North America in 2005.
As they have in the past, North American Arcam customers will continue to
order consumables and request service support from Arcam CAD to Metal Inc.
About Stratasys Inc.
Stratasys Inc., Minneapolis, manufactures additive fabrication machines
for prototyping, 3 D printing, and direct digital manufacturing. It also
offers prototype and part manufacturing services. According to Wohlers
Report 2007, Stratasys supplied 41 percent of all additive fabrication
systems installed worldwide in 2006, making it the unit market leader for
the fifth consecutive year. Stratasys patented and owns the rapid
prototyping process known as fused deposition modeling (FDM). The process
creates functional prototypes and end-use parts directly from any 3D CAD
program, using ABS plastic, polycarbonate, PPSF, and blends. The company
holds more than 180 granted or pending additive fabrication patents
globally. Stratasys products are used in the aerospace, defense, automotive,
medical, education, electronic, and consumer product industries. On the Web:
www.Stratasys.com;
www.DimensionPrinting.com;
and www.RedEyeRPM.com.
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