New 60-month leasing terms lower monthly payments by 20 percent over 48-month leasing terms
MINNEAPOLIS - May 28, 2008 - The Dimension 3D Printing Group, a business unit of Stratasys, Inc. (Nasdaq: SSYS), today announced immediate availability of new 60-month, cost-saving leasing terms to all U.S. customers.
These new terms apply to the Dimension Elite, Dimension 768 series and Dimension 1200es series. The terms provide for zero percent interest over 60 months with a $1 buyout at the conclusion of the lease.
"We believe the market will embrace the 20 percent savings over our 48-month program, and we're excited to make this technology more affordable for U.S. customers who choose to lease." said Jon Cobb, vice president and general manager of 3D printing for Stratasys. "For example, the new terms would allow a BST 768 customer to print eight 3D models per month at a leasing cost of just $39 per model."
For more information on Dimension 3D printers, visit www.dimensionprinting.com or call toll free 888-480-3548 (U.S.).
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 1200es 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.
Stratasys Inc., Minneapolis, manufactures office-based rapid prototyping and direct digital manufacturing systems, 3D printers and offers rapid prototyping and manufacturing parts services. According to Wohlers Report 2008, Stratasys supplied 44 percent of all systems installed worldwide in 2007, making it the unit market leader, for the sixth consecutive year. Stratasys developed the rapid prototyping process known as fused deposition modeling (FDM). The process creates functional models and end-use parts directly from any 3D CAD program using ABS plastic, polycarbonate, PPSF, and blends. The company holds over 180 granted or pending rapid prototyping patents globally. Stratasys products are used in the aerospace, defense, automotive, medical, education, electronic, architecture and consumer product industries. The company's systems are also used for direct digital manufacturing (DDM) and rapid tooling applications. For more information on the company, go to Stratasys.com; DimensionPrinting.com; or www.RedEyeRPM.com.
Alex Seitz or Brian Wachtler
Haberman & Associates