International Giant 3D Systems Acquires Aussie Formero

3DS LogoThe international juggernaut in 3D printing, 3DS (3D Systems) have struck again!! This time it’s one of Australia’s leading 3D printer suppliers and 3d printing services formerly known as Former.  Read on for the official press release.

 

3D Systems Acquires Formero

- Extends Operations And Reach Across Asia-Pacific -
Melbourne, September 21, 2011 – Formero Pty Ltd and its subsidiary company XYZ
Innovation, leading providers of Rapid Manufacturing services and 3D printers in
Australia and New Zealand, announced today that it was acquired by the 3D Systems
Corporation (NYSE: DDD) a leading global provider of 3D content-to-print solutions
including 3D printers, print materials and on-demand custom parts services for
professionals and consumers alike.
Commenting on the acquisition, Simon Marriott, Managing Director of Formero, said
“Over the last decade, Formero and XYZ Innovation have been dedicated to providing its
customers with innovative Rapid Manufacturing solutions to their product development
challenges. We are excited to become part of 3D Systems Corporation. This change
means we can now deliver even greater benefits to our customers with the entire range
of 3D Systems rapid prototyping and 3D printing solutions.”

Recognized as a trusted and knowledgeable technology resource to the Australian
manufacturing sector, Formero brings nearly two decades of experience providing bestin-
class rapid prototyping and custom manufacturing services. Formero is also a leading
provider of personal, professional and production 3D printers that include plastic and
metal printing solutions through its wholly owned XYZ Innovation subsidiary.
Additionally, Formero operates a facility in Shenzhen China in support of its growing ondemand
custom parts services.
“We are very pleased to add a company of Formero’s reputation, experience and scale
to our fastest growing Asia Pacific region,” said Abe Reichental, President and Chief
Executive Officer of 3D Systems. “With key operations in Australia and China under the capable leadership of Simon Marriott and proven custom parts services and printer solutions growth record, Formero represents a significant milestone in our Asia-Pacific
expansion plans.”
Formero and its subsidiary company XYZ Innovation will continue to operate as
3D Systems Asia-Pacific Pty Ltd with an expanded range of products and services
that include – 3D Printers, Design Productivity Tools, Prototyping and Manufacturing
Services.

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 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 Formero

Formero provides custom manufacturing services for engineers and designers who
want to create plastic and metal parts from rapid prototyping to production, utilizing 3D
CAD files. With in-house rapid prototyping and tooling technologies, along with an
experienced engineering project team in both Australia and China, Formero delivers
quality prototyping and manufacturing services in less time and within budget.
Its XYZ Innovation subsidiary provides a wide range of personal, professional and
production 3D Printers, print materials and services.
For more information visit www.3dsystems.com/au or call +61 3 9819 4422

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.

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