NORTH HUNTINGDON, Pa., June 18, 2013 (GLOBE NEWSWIRE) -- The ExOne Company (Nasdaq:XONE), a global provider of three-dimensional ("3D") printing machines and printed products to industrial customers, has teamed with Ipsen, a designer and manufacturer of industrial vacuum furnaces, to provide customers with a complete 3D printing package. ExOne expects its collaboration with Ipsen to strengthen the level of support offered to customers throughout the entire development and production process. Providing a packaged turn-key solution to our customers enables them to materialize new concepts, designs, prototypes and production parts with virtually unlimited design complexity.
David J. Burns, ExOne's President and COO, noted, "As our pipeline of opportunities is building we have simplified the purchasing process for 3D printers by offering a complete printer-furnace package. Ipsen is ideal for us to collaborate with given their industrial focus and global presence."
"As technical experts dedicated to lean manufacturing, Ipsen was chosen due to our industry-wide reputation for custom innovations and forward-thinking research and development focus," explained Mark Heninger, Ipsen's Vacuum Product Manager. "We are excited about this collaboration, and the opportunity to pool our knowledge with ExOne to provide a reliable solution for customers."
Ipsen designs and manufactures industrial vacuum furnaces, atmosphere furnaces and supervisory control systems for a wide variety of thermal processing markets including: Aerospace, Commercial Heat Treating, Medical, Energy and Automotive. With production locations in Europe, America and Asia, along with representation in 34 countries, choosing Ipsen means choosing a partner in success. For more information, visit www.IpsenUSA.com.
ExOne is a global provider of 3D printing machines and printed products to industrial customers. ExOne's business primarily consists of manufacturing and selling 3D printing machines and printing products to specification for its customers using its in‐house 3D printing machines. ExOne offers pre‐production collaboration and prints products through Production Service Centers, which are located in the United States, Germany and Japan. ExOne builds 3D printing machines at its facilities in the United States and Germany. ExOne also supplies the associated products, including consumables and replacement parts, and services, including training and technical support, necessary for purchasers of its machines to print products. For more information, visit www.exone.com.
Safe Harbor Regarding Forward Looking Statements
This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are subject to risks, uncertainties and assumptions and are identified by words such as "expects," "estimates," "projects," "typically," "anticipates," "believes," "appears," "could," "plan," and other similar words. Such statements include, but are not limited to, statements concerning future revenue and earnings, involve known and unknown risks, uncertainties and other factors that could cause the actual results of the Company to differ materially from the results expressed or implied by such statements, which include our ability to qualify more materials in which we can print; the availability of skilled personnel; our strategy, including the expansion and growth of our operations; the impact of loss of key management; our plans regarding increased international operations in additional international locations; sufficiency of funds for required capital expenditures, working capital, and debt service; the adequacy of sources of liquidity; expectations regarding demand for our industrial products, operating revenues, operating and maintenance expenses, insurance expenses and deductibles, interest expenses, debt levels, and other matters with regard to outlook; demand for aerospace, automotive, energy and other industrial products; the impact of disruption of our manufacturing facilities or PSCs; liabilities under laws and regulations protecting the environment; the impact of governmental laws and regulations; operating hazards, war, terrorism and cancellation or unavailability of insurance coverage; the effect of litigation and contingencies; and the adequacy of our protection of our intellectual proper, and other factors disclosed in the Company's Annual Report on Form 10-K and other periodic reports filed with the Securities and Exchange Commission. Because they are forward-looking, these statements should be evaluated in light of important risk factors and uncertainties. Should one or more of these risks or uncertainties materialize, or should any of ExOne's underlying assumptions prove incorrect, actual results may vary materially from those currently anticipated. Except as required by law, the Company disclaims any obligation to update or publicly announce any revisions to any of the forward-looking statements contained in this news release.
Source:The ExOne Company