"Our FDM technology will give designers and engineers in Australasia a new opportunity to quickly produce functional prototypes and parts," said Jeff Hanson, manager of business development for RedEye RPM. "A great deal of design and development is performed in that region. Our partnership with RapidPro allows us to produce parts for testing, concept validation and even end-use in a number of industries, including aerospace, automotive and medical; through to consumer and white goods."
RedEye RPM is a business unit of Stratasys, the creator of FDM technology, an additive fabrication process that uses production-grade thermoplastic materials to build functional, durable models and parts in one piece. RapidPro, the Melbourne-based rapid-prototyping group, will serve as the host facility for RedEye RPM (Australia) and will run and maintain the systems.
"The Australasian market can now enjoy the benefits of the prototypes and/or short-run production parts being generated by top-end FDM machines in high-performance engineering materials," says Simon Bartlett, managing director of RapidPro.
From its Australian manufacturing center, RedEye RPM Australasia can build and ship parts throughout Australia and New Zealand. RapidPro will build models and parts in a range of engineering thermoplastic materials, such as a 140+ degree C (300 degree F) polyphenylsulfone material and a material approved for medical (meet ISO 10993-1) applications.
About RedEye RPM
RedEye RPM, a business unit of Stratasys, Inc., provides rapid prototyping and direct digital manufacturing services worldwide. With more than 80 systems in its facilities, RedEye RPM produces low-volume models and functional parts made from one of the largest selections of thermoplastic materials available for rapid prototyping, such as ABS, polycarbonate, ISO-certified PC and more. From digital files, RedEye builds models and parts of any size, while maintaining design accuracy, and allows for multiple iterations throughout the design process. For instant online quoting or more information, visit au.redeyerpm.com.
Stratasys Inc., Minneapolis, manufactures additive fabrication machines for 3D printing, prototyping, and direct digital manufacturing. According to Wohlers Report 2007, Stratasys supplied 41 percent of all such systems installed worldwide in 2006, making it the unit market leader for the fifth consecutive year. Stratasys owns the RapidPrototyping 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.
RapidPro is a specialist prototype and short run production supplier to all industries. The key to their success is understanding customers requirements and brain storming the ideal solution. In going through this process they apply the latest "Design of Experiment" problem solving techniques, using Six Sigma methodologies. The result - a complete Rapid Prototyping solution. All done through a team of engineers with over 40 years of combined experience in a wide variety of design and development roles. More than just a part supplier, better thought of as an extension to your engineering team. On the web www.rapidpro.com.au and redeyerpm.com.au
Forward Looking Statement
All statements herein that are not historical facts or that include such words as "expects", "anticipates", "projects", "estimates" or "believes" or similar words are forward-looking statements that we deem to be covered by and to qualify for the safe harbor protection covered by the Private Securities Litigation Reform Act of 1995. Our belief that we have the largest part-building service claim is based on the number of dedicated machines. Except for the historical information herein, the matters discussed in this news release are forward-looking statements that involve risks and uncertainties; these include the continued market acceptance and growth of our Dimension(TM) line, Prodigy Plus, FDM Maxum(TM), FDM Vantage(TM), and Titan(TM) product lines; the size of the 3D printing market; our ability to penetrate the 3D printing market; our ability to maintain the growth rates experienced in this and preceding quarters; our ability to introduce and market new materials such as PC-ABS and the market acceptance of this and other materials; the impact of competitive products and pricing; the timely development and acceptance of new products and materials; our ability to effectively and profitably market and distribute the Arcam product line; the success of our recent R&D initiative to expand the rapid manufacturing capabilities of our core FDM technology; the success of our RedEye RPM(TM) and other parts services; and the other risks detailed from time to time in our SEC Reports, including the annual report on Form 10-K for the year ended December 31, 2006 and 10-Q filed throughout 2007.
Jodie Davis, 952-906-2774
Senior Marketing Specialist
Shane Glenn, 952-294-3416
Simon Bartlett, 1300 559 454