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3D Systems Reduces Price on ProX SLS 500 to Expand 3D Printing Market and Gain Market ShareROCK HILL, S.C., April 13, 2017 (GLOBE NEWSWIRE) -- 3D Systems (NYSE:DDD) today announced a price drop of more than 30 percent1 of its production-ready ProX® SLS 500 3D printing system in North America and Europe, an aggressive move to increase market share and drive adoption of the technology as companies look to shift production to additive manufacturing. New system pricing for customers starts at $270,000 and €250,000.1
A photo accompanying this announcement is available at //www.globenewswire.com/NewsRoom/AttachmentNg/7674c5e6-2ccc-42f9-85ba-35d5745495f8 Featuring one of the broadest portfolios of materials available, 3D Systems’ SLS technology delivers exceptional versatility for printing a wide range of parts and build sizes from interior components for airplanes to large production tooling for high-volume manufacturing to small patient-specific medical devices. <>With the price reduction, the ProX SLS 500 has market leading total cost of operations (TCO) for durable, end-use parts compared to competing systems. “The ProX SLS 500 is winning deals today because of its superior capabilities; the new price point makes it accessible to additional customers, which we believe will enable us to increase our installed base faster and be more competitive in the market,” said Jim Ruder, Senior Vice President and General Manager, Plastics, 3D Systems. “We will continue to invest in SLS to expand our leadership position and help accelerate the shift to 3D printing production.” 3D Systems’ ProX SLS 500 uses a wide range of DuraForm® materials from tough nylon for production parts, to high-temperature resistant fiber-reinforced engineering plastic, to glass-filled engineering plastic for excellent stiffness. DuraForm plastics have been optimized, validated and tested to offer an exceptional combination of surface detail, part strength, and durability for end-use parts. Additionally, the ProX SLS 500 has high materials recyclability. Up to 95 percent2 of material used in a build is turned into parts, resulting in minimal waste and lower part cost. Automated material handling and production tools streamline workflows, producing parts up to 7 times faster than comparable FDM systems. More information on 3D Systems’ ProX 500 SLS 3D printer is available here. Forward-Looking Statements About 3D Systems More information on the company is available at www.3dsystems.com ___________________ 1 Pricing may vary and is not available in all geographies. New pricing will be available in the United States and Europe. It excludes Asia Pacific, Japan, Africa, India and the Middle East. Investor Contact: Stacey Witten Email: [email protected] Media Contact: Diane Parrish Email: [email protected] |