| 3D Systems Corporation (NASDAQ: TDSC), a leading provider of rapid 3-D Printing, Prototyping and Manufacturing solutions, announced today that it has entered into an agreement in principle with Total C S Team, Inc. (TCST), a national provider of stereolithography technical field support services, under which TCST will become a non-exclusive 3D Systems' authorized service provider and will provide certain repair and refurbishment services for 3D Systems' stereolithography systems in the United States. |
| “We are delighted to be able to team up with TCST and to have its expertise available to augment our stereolithography service capabilities and field coverage. TCST has a wide range of services they are able to provide including applications support, remote diagnostics and process controls,” said Abe Reichental, 3D Systems' president and chief executive officer. “This is yet another deliberate step in our strategy to expand our service offering to provide our customers with more choices and to improve our customers' bottom line,” continued Reichental. “We have great respect for the TCST organization, and while we are working to finalize our agreement with them, we expect that they will be immediately available to respond to our customers' service needs.”
“3D Systems is a leader in this industry and we are very happy to be working with them and supporting their customers,” said Martin McGough, TCST's president and CEO. “Under this agreement, we will be able to offer our extensive field experience, advanced optimization methods and process control systems to benefit a much larger customer base. We are very excited about the opportunity to enable a greater number of customers to receive more value from their existing and new Stereolithography systems."
Forward-Looking Statements
Certain statements made in this release are forward-looking statements. These statements include comments as to 3D Systems' beliefs and expectations as to future events and trends affecting its business. These forward-looking statements are based upon management's current expectations concerning future events and trends and are necessarily subject to uncertainties, many of which are outside 3D Systems' control. The factors stated under the heading “Forward-Looking Statements” and “Cautionary Statements and Risk Factors” in management's discussion and analysis of financial condition and results of operations, which appear in 3D Systems' periodic filings with the Securities and Exchange Commission, as well as other factors, could cause actual results to differ materially from such statements.
About Total C S Team, Inc.
TCST is a leader in providing support to Rapid Prototyping Users. TCST has the unique capability to integrate many years of practical application of RP systems with advanced analytical approaches to provide support to the users that will give them a competitive advantage now and in the future. Through the use of 6 Sigma methodologies, TCST has been able to develop process controls to proactively monitor processes providing its customers with cost savings derived by improved efficiency and part quality. This same methodology is utilized by TCST to work with our partners to develop the best solutions for RP system upgrades and reliability improvements. For more information, Contact TCST
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 email at moreinfo@3dsystems.com . |