GlobeNewswire
2011-04-14
India Based Company to Develop Professional and Consumer 3D
Content-To-Print Apps and Tools
ROCK HILL, S.C., April 14, 2011 (GLOBE NEWSWIRE) -- 3D Systems
(Nasdaq:TDSC), announced today that it has acquired SYCODE(TM), a
software development company based in Goa, India that specializes in
providing plug-ins for all commercially available Computer Aided Design
(CAD) packages. In connection with this acquisition, the company also
plans to commence local commercial activities in India.
SYCODE(TM) develops cutting-edge software solutions for the CAD
industry. These solutions are delivered in the form of standalone apps
or plug-ins that work inside CAD tools such as AutoCAD, Inventor, 3D
Studio MAX, Maya, Pro/ENGINEER, Kubotek, SolidWorks, Solid Edge,
SpaceClaim, Alibre Design, Rhinoceros, IRONCAD, INOVATE, IntelliCAD,
Bricscad, Acrobat and SketchUp.
"We are pleased to add the SYCODE(TM) technology platform to our
expanding portfolio," said Abe Reichental, President and CEO, 3D
Systems. "We plan to leverage this technology as part of democratizing
access and accelerating adoption of 3D content-to-print solutions for
the benefit of our professional users and consumers alike."
The company doesn't expect this acquisition to be material to its
financial performance and results during 2011.
Forward-Looking Statements
Certain statements made in this release that are not statements of
historical or current facts are forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements may involve known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of the company to be materially different
from historical results or from any future results expressed or implied
by such forward-looking statements. In addition to statements that
explicitly describe such risks and uncertainties, readers are urged to
consider statements in the conditional or future tenses or that include
terms such as "believes," "belief," "expects," "estimates," "intends,"
"anticipates" or "plans" to be uncertain and forward-looking.
Forward-looking statements may include comments as to the company's
beliefs and expectations as to future events and trends affecting its
business and are necessarily subject to uncertainties, many of which
are outside the control of the company. The factors described under the
headings "Forward-Looking Statements," "Cautionary Statements and Risk
Factors," and "Risk Factors" in the company's periodic filings with the
Securities and Exchange Commission, as well as other factors, could
cause actual results to differ materially from those reflected or
predicted in forward-looking statements.
About 3D Systems Corporation
3D Systems is a leading provider of 3D content-to-print solutions
including 3D printers, print materials and custom part services. Its
expertly integrated rapid prototyping and manufacturing solutions
reduce the time and cost of designing new products and printing real
parts directly from digital input. These solutions are used to design,
communicate, prototype and produce functional end-use parts; customers
create with confidence.
More information on the company is available at www.3DSystems.com,
www.printin3D.com, www.quickparts.com, www.3Dproparts.com,
www.bitsfrombytes.com, www.toptobottomdental.com, blog.3Dsystems.com,
or via email at moreinfo@3dsystems.com.
The 3D Systems Corporation logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=4537
About SYCODE(TM)
SYCODE(TM) develops cutting-edge software solutions for the Computer
Aided Design (CAD) industry. The company's solutions are in the form of
standalone applications or plug-ins that work inside major CAD systems
such as AutoCAD, Inventor, 3D Studio MAX, Maya, Pro/ENGINEER, Kubotek,
SolidWorks, Solid Edge, SpaceClaim, Alibre Design, Rhinoceros, IRONCAD,
INOVATE, IntelliCAD, Bricscad, Acrobat and SketchUp, among others.
SYCODE also designs, develops and implements customized CAD software
solutions for companies worldwide. The customized solution may be a
standalone application working closely with the client's existing CAD
application, a plug-in to the CAD application or a combination of both.
SYCODE's slogan is "software made simple" and it lives by it. No matter
how complicated the task to be accomplished, to the end users of the
software, it is always simple.
More information on the company is available at www.sycode.com.
CONTACT: Investor Contact: Stacey Witten
803-326-4010
E-mail: WittenS@3dsystems.com
Media Contact: Katharina Hayes
803-326-3941
Email: HayesK@3dsystems.com