- Expands Direct Manufacturing For Aerospace And Medical Devices -
- Certified SLS(R) AS9100C, ISO 9001:2008, ITAR Production Facilities -
ROCK HILL, S.C., April 17, 2012 (GLOBE NEWSWIRE) -- 3D Systems
Corporation (NYSE:DDD) announced today that it has acquired Paramount
Industries, one of the world's most experienced direct manufacturing
and product development solutions providers for aerospace and medical
device applications; from complete design-to-manufacturing services to
the production of certified end-use parts and products.
3D Systems plans to integrate Paramount's state-of-the-art
manufacturing facilities and advanced tooling and assembly operations
with its growing on-demand direct manufacturing services. Paramount
Industries maintains AS9100C and ISO 9001:2008 certifications along
with an ITAR registration.
"We are honored to become part of 3D Systems, the recognized global 3D
content-to-print leader," said Jim Williams, President and Chief
Executive Officer of Paramount Industries. "We expanded our reach into
the growing aerospace and medical device industries with 3D Systems'
SLS(R) production printers. Together, we can deliver the full impact of
direct manufacturing capabilities to our aerospace and medical device
customers all over the world."
"We are very pleased to add a proven direct manufacturing innovator of
Paramount's reputation, experience and scale to our rapidly growing,
global network of on-demand parts services," said Abe Reichental,
President and Chief Executive Officer of 3D Systems. "With Jim
Williams' continued leadership, we are extremely well positioned to
expand our aerospace and healthcare manufacturing activities and build
the required infrastructure to support these significant customers."
About 3D Systems Corporation
3D Systems is a leading provider of 3D content-to-print solutions
including 3D printers, print materials and on-demand custom parts
services for professionals and consumers alike. The company also
provides creative content development, design productivity tools and
curation services and downloads. Its expertly integrated solutions
replace, displace and complement traditional methods and reduce the
time and cost of designing new products by printing real parts directly
from digital input. These solutions are used to rapidly design,
communicate, prototype and produce functional parts, empowering its
customers to create with confidence.
More information on the company is available at www.3DSystems.com.
To experience 3D Systems' entire range of 3D content-to-print products
and services please visit www.printin3D.com,
www.toptobottomdental.com, www.3Dproparts.com, www.print3d.com,
www.quickparts.com, www.alibre.com, www.bitsfrombytes.com,
www.myrobotnation.com, www.The3dStudio.com, www.freedomofcreation.com,
www.sycode.com, www.botmill.com, blog.3dsystems.com, or via email at
The 3D Systems Corporation logo is available at
About Paramount Industries
Paramount Industries is among the world's most experienced
manufacturers and providers of product development services, including
product design and engineering, rapid prototyping, rapid tooling and
direct manufacturing that produces custom parts direct from digital
Originally founded in 1966, Paramount has expanded its scope to apply
advanced technology in all aspects of product development. Today,
Paramount offers a comprehensive array of services. In addition to
rapid prototyping and rapid tooling, Paramount sets the pace in direct
manufacturing of precision parts from 3D CAD digital input, utilizing
advanced Selective Laser Sintering technology. Paramount's services
also include injection molding, full-scale manufacturing from domestic
and offshore facilities as well as assembly and packaging.
More information is available at www.paramountind.com.
CONTACT: Investor Contact: