Dimension 3D Printing Group Accounts for More Than 50 percent of 2006 3D Printer Sales, According to Industry Report
Wohlers Report 2007 shows Dimension expands its market share in 2006
MINNEAPOLIS - May 8, 2007 - The Dimension 3D Printing Group, a business unit of Stratasys, Inc. (Nasdaq: SSYS), today announced that is has expanded its market share of the 3D printing industry, accounting for more than 50 percent of 3D printer sales, according to the recently issued Wohlers Report 2007
Published by Wohlers Associates, Inc. and recently released at the annual RAPID Conference & Expo in Detroit, Mich. (formerly called the RP&M Show), the report offers a detailed review and analysis of the rapid prototyping and 3D printing industry.
According to the report, Dimension shipped 51 percent of the 3D printers sold worldwide in 2006, increasing its market share from 43 percent (1072 units) of overall sales in 2005. The entire 3D printing industry sold an estimated 3,018 total units in 2006, 1559 of which were shipped by Dimension. Overall, revenues generated by 3D printer sales were up 16.6 percent in 2006, according to the report, and 3D printers accounted for 72.5 percent of all additive systems sold in 2006.
"The Dimension 3D Printing Group has achieved another important milestone by expanding its market share to more than 50 percent last year, demonstrating the industry's need for affordable, high quality 3D printing technologies," said Jon Cobb, vice president and general manager of 3D printing for Stratasys. "Dimension is well positioned to meet the continued demand for 3D printing technology in the years to come, due in large part to our more than 220 reseller outlets worldwide, including eight new resellers in Asia Pacific, and the recent release of our fifth 3D printer, the Dimension Elite.
The recently introduced Dimension Elite 3D Printer provides engineers and designers stronger, functional models with finer feature detail and improved surface finish. Priced at $32,900, the Elite features an 8 x 8 x 12-inch build envelope and uses a new, stronger ABS material, ABSplus. ABSplus is on average 40 percent stronger than standard ABS material, making it ideally suited for testing the form, fit and function of inherently fragile, fine-featured models. The Elite joins the group's market leading line of desktop modeling systems - which includes the Dimension 1200 Series (priced from $21,900) and 768 Series (priced from $18,900) - as the fifth 3D printer within the Dimension product family.
About The Dimension 3D Printing Group
The Dimension 3D Printing Group is a business unit of Stratasys, Inc., based in Minneapolis, Minn. Dimension 3D printers - which include the Elite, the Dimension 1200 Series and Dimension 768 Series - are networked, desktop modeling systems that provide CAD (Computer-Aided-Design) users a fast, office-friendly, low-cost alternative for building functional 3D prints. Dimension 3D printers build accurate models layer by layer using durable ABS plastic, allowing users to not only evaluate design concepts, but test 3D prints for functionality, form and fit. As the first large format desktop 3D printer that sells for less than $30,000, Dimension incorporates many key features found in modeling systems that cost tens of thousands of dollars more.
Investor Relations contact:
Shane Glenn, Director of Investor Relations Stratasys
952-294-3416
sglenn@stratasys.com
Media contacts:
Alex Seitz or Brian Wachtler
Haberman & Associates
612-338-3900
alex@habermaninc.com
brian@habermaninc.com
