Advanced Laser Materials (ALM), Strategic Partner of EOS, Acquires Majority Stake of the Laser Sintering Service Company Integra
Agreement will further strengthen the EOS service capabilities in the US
Krailling, Germany/Temple, Texas, April 4, 2011 - Advanced Laser Materials (ALM) announced today that it has entered into a strategic partnership with Integra Services. ALM, a developer and manufacturer of materials for rapid manufacturing, has been affiliated with EOS, the world leading manufacturer of laser-sintering systems, since 2009. Under the agreement, ALM will act as a majority shareholder obtaining 51 percent of the Integra shares. This collaboration should offer immediate benefit to the laser sintering community in the US by offering a combination of excellent equipment service and materials application, support and development to users of all laser sintering platforms.
Johann Oberhofer, Chief Operating Officer of EOS emphasizes: "Two years ago we found a perfect partner in ALM. We anticipate that working with Integra will complement our existing capabilities: the provision of technology and support for customers who manufacture high quality parts - both in prototyping and manufacturing."
Donnie Vanelli, President of ALM, LLC adds: "The strategic partnership with EOS, has allowed both EOS and ALM to make a large step forward in the transition of laser-sintering from rapid prototyping to rapid manufacturing. ALM provides custom materials for the emerging rapid manufacturing area in partnership with EOS. The strategic partnership between Integra, ALM, and EOS will allow complete custom digital manufacturing solutions for the industry, including integrated platforms, materials and services. The EOS Group will now have complete material and service packages for all Laser Sintering platforms in North America with a strong focus on materials development research and responsive service.
Lance Shanklin, President of Integra adds: "The collaboration with a strong partner like EOS will improve our growth potential significantly for the future and open new opportunities to provide increased support to our customers. Benefiting from EOS intellectual property portfolio, we can complement and expand our hardware, service, and material offerings."
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 2009/2010 with revenues of 64 million Euros. The company employs 300 people worldwide, 250 of them 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 manufacturing processes such as laser sintering. ALM specializes in working closely with companies to develop engineered 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, manufactures custom sintering materials, and provides extensive quality control data on its products. The company was started in 2003 through a technology license from the University of Texas at Austin and features a strong network of employees and investors with extensive experience in laser sintering and materials science. For more information visit www.alm-llc.com.
About Integra
Formed in 2002, Integra has been providing customers fast, responsive, high quality service and support for almost 10 years. Integra personnel have years of technical experience in laser sintering and with employees located throughout the United States, Integra is able to respond quickly to all of its customers. With a commitment to total customer satisfaction, Integra offers not only service and applications support, but also standard and custom equipment upgrades and training. Every Integra employee is accountable to the customer, regardless of title or responsibility. Together, the Integra team provides the solid foundation of a unique service organization that is here to provide your company a quality alternative for all of your service and support needs.
Contacts:
EOS GmbH Electro Optical Systems
Group Manager Marketing Communications
Tel.: +49 89 893 36 134
Tel.: +49 89 893 36 284
Email: Claudia.jordan@eos.info
INTEGRA
Lance Shanklin
Tel: +1 512 388 7916
Email: shanklin_l@integra-support.com
Advanced Laser Materials (ALM)
Neil Lehman
Tel: +1 254 773 3080
Cell: +1 215 815 7327
Email: nlehman@alm-llc.com
