Archive Press Release
(Products mentioned in this Archive Press Release may or may not be available from the manufacturer.)
Canon Virginia, Inc.
Release date: June 5, 2007
3d Systems Selects Canon Virginia to Manufacture V-Flash(TM) 3-D Modeling System
NEWPORT NEWS, VIRGINIA, June 5, 2007 - 3D Systems Corporation has selected Canon Virginia, Inc., to manufacture its V-Flash(TM) compact desktop 3-D modeler. Canon Virginia, a subsidiary of Canon U.S.A., Inc., offers a wide variety of contract manufacturing services to companies including customer product manufacturing, injection mold tools and reverse logistics.
"We are delighted to team up with a world-class manufacturer such as Canon Virginia to build the V-Flash desktop modeler," said Abe Reichental, president and chief executive officer, 3D Systems (NASDAQ: TDSC). "Canon Virginia offers 3D Systems many unique advantages in manufacturing capabilities and will apply its considerable experience manufacturing printers and copiers to the V-Flash desktop modeler."
The V-Flash desktop modeler from 3D Systems 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.
"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, Systems will rely on Canon's proven ability to create the most efficient processes ensuring the highest quality products, on time, and at the lowest possible cost.
Canon Virginia 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 Virginia will offer 3D Systems a cartridge collection and recycling program, and administer it on its behalf.
V-Flash Modeler "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," said Reichental. "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.
Both companies began 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 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.
Company Information: Name: Canon Virginia, Inc. Address: 12000 Canon Blvd. City: Newport News State: VA ZIP: 23606 Country: USA Phone: 757-881-6300 http://www.cvi.canon.com
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