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3D Systems Completes the Acquisition of Z Corp and Vidar
GlobeNewswire
2012-01-03





     Consolidates Its Personal and Professional Printers Businesses







  Combination Supercharges Solutions Portfolio, Doubles Channel Reach,
        Creates Value and Delivers Enhanced Customer Experience




ROCK HILL, S.C., Jan. 3, 2012 (GLOBE NEWSWIRE) -- 3D Systems
Corporation (NYSE:DDD) announced today that it has completed the
acquisition of Z Corporation ("Z Corp") and Vidar Systems ("Vidar") for
$135.5 million in cash, net of cash received and subject to final
closing adjustments, from Contex Group, a subsidiary of Ratos AB, a
listed private equity company located in Stockholm, Sweden.

The company also announced that earlier today it consolidated its
entire personal and professional 3D printer businesses into a single
unit under the leadership of John Kawola, former Z Corp CEO who was
named 3D Systems Vice-President and General-Manager, Personal and
Professional 3D Printers business unit. The company affirmed its plans
and expectations to deliver combined revenue and cost synergies in the
range of $5-10 million dollars in 2012 and reiterated its expectation
to incur incremental fourth quarter 2011 acquisition costs in the range
of $2.7 to $3.2 million.

This acquisition integrates Z Corp and Vidar products and services with
3D Systems' extensive portfolio, uniquely positioning 3D Systems for
accelerated growth in the dynamic, rapidly expanding 3D
content-to-print space. The transaction completes 3D Systems' range of
product capabilities, fills price gaps with complementary products and
technology and doubles its reseller coverage globally. The Company
expects the acquisition of Z Corp and Vidar to be immediately accretive
to its cash generation and to its Non-GAAP earnings in the first full
year following completion of this transaction. (1)

"This is a historic, game-changing event for our customers and
stockholders. Today we gained complementary full color and high speed
printing technology, increased our marketplace presence significantly
in verticals beyond product development and direct manufacturing,
assembled the largest and most-well prepared reseller channel in 3D
printing, and catalyzed our healthcare solutions business," said Abe
Reichental, President and CEO of 3D Systems. "Concurrent with the
completion of this transaction today, we have taken immediate, decisive
steps to unleash the combined revenue growth potential and deliver the
value creation inherent in this acquisition for the benefit of
customers and shareholders alike."

(1) The statements regarding Non-GAAP earnings are not intended to be a
profit forecast and should not be interpreted to mean that earnings for
the current or future financial periods will necessarily be greater
than those for the relevant preceding financial period. When we speak
of Non-GAAP earnings above, we are speaking of our post-acquisition
expectation for earnings before taking account of certain non-cash
items such as depreciation, amortization and non-cash compensation.

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 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.production3dprinters.com, www.toptobottomdental.com,
www.quickparts.com, www.3Dproparts.com, www.alibre.com,
www.bitsfrombytes.com, www.botmill.com, www.The3dStudio.com,
www.freedomofcreation.com, www.sycode.com, blog.3dsystems.com, or via
email at moreinfo@3Dsystems.com.

The 3D Systems Corporation logo is available
athttp://www.globenewswire.com/newsroom/prs/?pkgid=4537

About Z Corporation

Z Corp provides 3D technologies used to create new products and
services more effectively than any other means, compressing the design
cycle, generating new concepts, communicating clearly, fostering
collaboration, and reducing errors. Z Corp solutions span the entire 3D
CAD/BIM design process from concept through design verification. Z Corp
is committed to making their solutions the fastest, easiest, most
accessible and most valuable.

More information on the company is available at www.zcorp.com.

About Vidar Systems Corporation

Vidar Systems is a leading provider of optical imaging technology
specializing in medical and dental imaging markets. Built upon a solid
foundation of innovation and an unwavering dedication to quality, the
company is the worldwide leader and number one manufacturer of medical
film digitizers.

More information on the company is available at www.vidar.com.


CONTACT: Investor Contact: Stacey Witten
         803-326-4010
         E-mail: WittenS@3dsystems.com
         
         Media Contact: Cathy Lewis
         803-326-3950
         Email: LewisCL@3dsystems.com





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