HP announced their participation at the TCT Show in Birmingham, UK on September 28-29. In recognition of the significance of this industry-leading event, with two hundred exhibiting companies and thousands of visitors from over 60 countries from across the globe, HP showcased for the first time in the UK, their first production-ready commercial 3D printing system.

The HP Jet Fusion 3D Printing Solution revolutionizes design, prototyping and manufacturing, and for the first time, delivers superior quality physical parts at industry-leading speeds and with cost savings compared to current 3D printing systems.

At the show HP announced its collaboration with Europac 3D, one of the UK’s leading 3D printing, scanning and inspection businesses. The appointment of Europac 3D as an HP Channel Partner in the UK means that, once they have completed the 3D Print Specialization application and requirements, they will become a HP authorised partner for the sale and servicing of the whole portfolio of HP’s 3D printing systems and accessories across the UK and the rest of the single market. Europac 3D has a proven 20 year track record in 3D scanning, digital modelling and reverse engineering as well as printing service and maintenance. The company works across all sectors including motor, medical and engineering industries as well as with film and TV production companies.

Emilio Juarez, EMEA Sales Director, HP 3D Printing Business said, “Based on HP Multi Jet Fusion technology, our new 3D prototyping and manufacturing solution will reinvent the $12 trillion manufacturing market and ignite the next industrial revolution by producing superior quality physical parts up to 10 times faster and at half the cost of current 3D print systems. As a result, HP Jet Fusion 3D Printing Solution is significantly reducing the inhibitors for adoption through significant improvements in speed, cost and reliability. The appointment of Europac 3D as our first HP channel partner in this space in the UK will ensure that our HP 3D customers receive the right level of support and get a best in class customer experience.”

John Beckett, managing director of Europac 3D comments, “These are exciting times for the 3D printing industry as HP’s technologies are set to revolutionise the marketplace by bringing higher quality and faster 3D printing services at a dramatically reduced cost which we believe will open new markets and opportunities.  We’re proud to have the chance to be in this journey with HP and look forward to supporting their ambitions here in the UK.

Published in HP

Europac 3D, one of the UK’s leading 3D printing, scanning and inspection businesses, has been appointed as HP Channel Partner in the UK. The appointment will see Europac 3D become one of HP’s Channel Partners for the sales and servicing of all of HP’s 3D printing systems and accessories across the UK.

The decision to appoint Europac 3D comes as HP announces details of the launch of the new HP Jet Fusion 3D 3200 Printer and the HP Jet Fusion 3D 4200 Printer. Both products are set to revolutionise the marketplace by delivering a faster and higher print quality at a 50% cost-per-part reduction.

Europac was selected as an HP Channel Partner as the company has a proven 20 year track record in 3D scanning, digital modelling and reverse engineering as well as printing service and maintenance. The company works across all sectors including motor, medical and engineering industries as well as with film and TV production companies.

John Beckett, managing director of Europac 3D comments, “These are exciting times for the 3D printing industry as HP’s technologies are set to revolutionise the marketplace by bringing higher quality and faster 3D printing services at a dramatically reduced cost which we believe will open new markets and opportunities.  We’re proud to have been selected as a HP Channel Partner and look forward to supporting their ambitions here in the UK.”

Peter Hansford, HP’s Sales Channel Manager for UK, Ireland and Scandinavia, adds: “Based on HP Multi Jet Fusion™ technology, our new 3D prototyping and manufacturing system will reinvent the $12 trillion manufacturing market and ignite the next industrial revolution by producing superior quality physical parts up to 10 times faster and at half the cost of current 3D print systems. We are pleased to partner with Europac 3D, who is a proven and trusted player in the industry in the UK and will deliver a best in class customer experience to HP 3D customers.”

Published in Europac 3D

Proto Labs has been selected by HP Inc. as a product testing site for the new HP Multi Jet Fusion™ technology for industrial-grade 3D printing.

Proto Labs is one of several companies HP is collaborating with as a part of the company’s Early Customer Engagement Program, which conducts product testing and garners user feedback on the product to help accelerate and advance the technology.

Proto Labs was chosen because it has extensive experience as a prime user of industrial-grade 3D printing technology (also known as additive manufacturing) for its prototyping and low-volume manufacturing services. The tech-enabled company also is significantly expanding its 3D printing capabilities as it moves this summer into a new 77,000 sq. ft. facility in Raleigh, North Carolina.

“The new HP Multi Jet Fusion 3D Printing Solution looks like a truly exciting leap ahead in industrial-grade 3D printing,” says Rob Connelly, vice president of additive manufacturing for Proto Labs. “We at Proto Labs look forward to collaborating with HP to help develop this new platform that could result in higher productivity and quality at a lower cost.”

Proto Labs is “technology agnostic,” explains Connelly, meaning the company uses hardware and software that is compatible with many different manufacturing processes, providing a wide range of manufacturing options to its customers.

“We are pleased to have Proto Labs as a customer, providing its input and manufacturing expertise to help us continue to advance the HP Multi Jet Fusion 3D Printing Solution for our customers,” says Stephen Nigro, president of HP’s 3D printing business.

Published in Proto Labs

Materialise is proud to announce that HP Inc. selected its 3D printing software as a certified solution in HP’s Open Software Platform to power the new HP Jet Fusion 3D Printer. The new solution, now available for order, is compatible with Materialise Magics 3D Print Suite and allows for seamless integration of the new printer in the existing workflows of the Magics suite.

Materialise is collaborating with machine manufacturers to bridge the gap between 3D software and a wide range of 3D printers. The latest collaboration includes HP, which announced its new 3D printer at RAPID, the annual 3D Printing and Additive Manufacturing event. Materialise designs Build Processor software that is certified by HP, which enables a seamless integration between software and printer. Materialise’s user-friendly build processor simplifies the 3D printing workflow, creating an improved user experience that helps customers get the most out of their HP 3D printer.

“This collaboration with HP combines more than 100 years of software and printing expertise. Our mutual knowledge will benefit businesses producing functional prototypes to final production parts,” stated Fried Vancraen, Materialise CEO. “Developing a Build Processor that connects HP technology to our software backbone for 3D Printing felt like a natural step. We want users of the Materialise Magics 3D Print Suite to have access to premium technologies.”

“3D printing will bring tremendous benefit to manufacturing, helping to make it faster and less expensive,” said Stephen Nigro, president of HP’s 3D printing business. ”Matching the HP Jet Fusion 3D Printing Solution with Materialise software provides our customers the best-in-class solution for industrial 3D printing.”

The synergy between the two companies resulted in an integration between Materialise software and the HP Jet Fusion 3D Printing Solution. Based on the input from the HP engineers and our hands-on experience with the HP Jet Fusion prototype, Materialise developed the Build Processor which, when combined with Materialise Magics 3D Print Suite, offers a great user experience for file fixing, and pre-print processing. Through the Build Processor systems, the AM data preparation process has expanded to allow slice-based technology, enabling improved handling of large files, such as those containing metadata on texturing or structures. Combining the HP record speed 3D printer with the Materialise Magics 3D Print Suite has the potential to make the widespread use of 3D printers in scaled up manufacturing environments a reality in the near future.

For more information, visit: software.materialise.com/hp-build-processor

Published in Materialise

Stratasys Ltd. (Nasdaq:SSYS) announced the appointment of Chris Morgan as Senior Vice President and Chief Marketing Officer (CMO) for Stratasys. Morgan is a 25-year veteran of HP.

Effective immediately, Morgan will assume responsibility for Stratasys’ global marketing activities, including developing strategy and building a global team that will support the company’s worldwide expansion and rapid growth.

“As a senior vice president of HP’s multi-billion dollar graphics solutions business in the Printing and Personal Systems Group, Morgan was responsible for several thousand employees worldwide and helped drive HP from challenger to established market leader,” says Stratasys Executive Vice President, Dan Yalon, whom Morgan will report to. “His experience and skills are what we sought in a marketing leader.”

“Chris is an accomplished senior executive with an impressive background of building and growing multi-billion dollar businesses and developing high-performance organizations,” says Stratasys CEO, David Reis. “At HP he was instrumental in helping shape the transition from analogue to digital in the 2D printer world.”

From 2004 through 2009, Morgan was a senior vice president for HP’s imaging and printing business in the Asia Pacific/Japan region. Between 2001 and 2004, he led worldwide marketing strategy and sales for HP’s imaging and printing business. In this role, he drove brand and demand activities globally and orchestrated global development of key channels and routes to market. He also led strategy development for the entire business.

For more information, visit: www.stratasys.com

Published in Stratasys

HP (NYSE: HPQ) introduced its vision for the future of 3D printing by unveiling its new HP Multi Jet Fusion 3d printer, a revolutionary technology engineered to resolve critical gaps in the combination of speed, quality and cost, and deliver on the potential of 3D printing.

Leveraging the company's decades of leadership in the print market and advanced materials science, HP Multi Jet Fusion is designed to resolve fundamental limitations in today's 3D print systems while delivering higher productivity and quality at a lower cost.

"As we examined the existing 3D print market, we saw a great deal of potential but also saw major gaps in the combination of speed, quality and cost," said Stephen Nigro, senior vice president, Inkjet and Graphic Solutions, HP. "HP Multi Jet Fusion is designed to transform manufacturing across industries by delivering on the full potential of 3D printing with better quality, increased productivity, and break-through economics."

Multi Jet Fusion is built on HP Thermal Inkjet technology and features a unique synchronous architecture that significantly improves the commercial viability of 3D printing and has the potential to change the way we think about manufacturing.

  • 10-Times Faster: Images entire surface areas versus one point at a time to achieve break-through functional build speeds that are at least 10 times faster than the fastest technology in market today.

  • New Levels of Quality, Strength and Durability: Proprietary multi-agent printing process utilizing HP Thermal Inkjet arrays that simultaneously apply multiple liquid agents to produce best-in-class quality that combines greater accuracy, resiliency and uniform part strength in all three axis directions.

  • Accuracy and Detail: Capable of delivering fully functional parts with more accuracy, finer details, smoother surfaces, and able to manipulate part and material properties, including form, texture, friction, strength, elasticity, electrical, thermal properties and more.

  • Achieves Break-through Economics: Unifies and integrates various steps of the 3D print process to reduce running time, cost, energy consumption and waste to significantly improve 3D printing economics.

HP is committed to developing a platform that will become an industry standard and remains focused on growing the highest potential commercial markets. While the HP 3D Print technology is available today, HP is working directly with customers under the HP Open Customer Engagement Program. Through this program, HP will continue to extend the capabilities of the HP 3D Print platform throughout development and will provide a certification process for partners to drive materials innovation. Wider distribution of the HP 3D Print system will begin in 2016.

By inviting open collaboration, HP and contributors will be able to achieve greater flexibility and versatility in 3D Print materials beyond the current use of thermoplastics, which will enable new solutions in segments such as additive manufacturing and will expand applications for engineering, architecture and consumer goods. HP will also bring its color science expertise and the full-color capabilities of traditional HP printing to 3D world in future-generation 3D Print systems.

For additional information, visit: www8.hp.com/us/en/commercial-printers/floater/3Dprinting.html

Published in HP

Northwest Nazarene University’s new engineering program received an equipment grant from Hewlett Packard (HP) today that allows for creation of a 3-D design, visualization and prototyping lab. This groundbreaking, high-tech lab will allow NNU students to incorporate HP’s leading-edge hardware and software into an innovative engineering curriculum.

This state-of-the-art test bed for applying HP’s latest computing, scanning and printing technology will be integrated into a truly modern engineering education at NNU.

Features of the lab allow students to:

  • Utilize Computer Aided Design (CAD) and Computer Aided Manufacturing (CAM), modeling, visualization and prototyping tools with a 3-D design theme throughout all four years of the BS in engineering degree program.
  • Quickly and inexpensively translate their new creations from the realm of their own imagination to actual fabricated objects and products that can be tested and refined.
  • Gain more in-depth learning and understanding of design through improved visualization, tactile manipulation and rapid turnaround prototyping of student designs.
  • Give rise to new, innovative undergraduate research and design projects through collaboration with HP and other local and regional high-tech companies.

“Engineering design is an integral part of any engineering program,” said Dan Lawrence, chair of the NNU department of physics and engineering. “It is where we start and finish all our students. Whether learning the basics of computer-aided design or putting a senior design project together, this laboratory will give our students the best tools available to achieve excellence in their endeavors,”

The lab will roll out in two phases, the first of which will begin by the end of 2012 and the second for the 2013-14 school year.

Other highlights of the lab’s capabilities include:

  • Open-source 3-D printers and rapid prototyping of plastic and metal parts to check form, fit and functionality
  • 3-D scanning of objects for the purpose of replication and reverse engineering
  • Large format engineering 2-D printing
  • 3-D numerical modeling and finite element simulation
  • 3-D video and solid model animation and rendering capability for fast design iteration

“Supporting growth and development of the engineering programs in our local universities and colleges is critically important to developing the technical talent pool in the valley, and it also creates more opportunities and options for our local high school graduates looking to pursue a technical career path,” said Jim Nottingham, vice president for HP, Boise. “We believe that providing these schools with world-class technology from HP will enhance the quality of education and ultimately the caliber of technical graduates from these programs.”

NNU students, as well as visiting K-12 student from the Treasure Valley, will be able to gain critical hands-on experience in sophisticated 3-D engineering technology. The learning lab will also contribute to NNU’s new engineering program achieving initial ABET accreditation in 2014. NNU currently offers engineering physics, electrical engineering and mechanical engineering specializations with over 60 students enrolled.

For more information, visit: www.nnu.edu

Stratasys, Inc. (NASDAQ: SSYS), a leading manufacturer of 3D printers and production systems for prototyping and manufacturing applications, today announced that Stratasys and HP have agreed to discontinue their manufacturing and distribution agreement for 3D printers, effective at the end of 2012. Stratasys does not expect the termination of its agreement with HP to have a material impact on its financial results for the current year and intends to work closely with HP to ensure a smooth transition for customers.

“Stratasys has enjoyed a productive relationship with HP, and moving forward, we will continue working towards our goal of achieving broader 3D printer usage worldwide,” said Scott Crump, chief executive officer and chairman of Stratasys. “As the market for 3D printing technology grows, Stratasys is focused on further developing our independent channel distribution initiatives to expand our distribution reach even further. Our recently-announced merger with Objet will help grow customer awareness of the many opportunities to deploy 3D printing and rapid prototyping techniques and will allow us to implement an even broader distribution channel with a more extensive geographic reach.”

Under the terms of the definitive agreement signed in January 2010, Stratasys developed and manufactured for HP an exclusive line of 3D printers based on Stratasys’ patented Fused Deposition Modeling (FDM®) technology. Later that year, HP began a phased rollout of the 3D printers in the mechanical design (MCAD) market in select European countries.

For more information, visit: www.stratasys.com

Published in Stratasys

HP held its annual global Imaging and Printing Conference and announced several new innovations, collaborations, apps and solutions for all types of users – from consumers and small to midsize businesses (SMBs), to enterprise organizations and graphic arts customers.

HP also announced that customer adoption of its cloud-enabled, web-connected print technologies has reached the mainstream, with more than 10 million printers sold to date.

“HP’s history of innovation runs deep, and we continue to leverage that legacy and build on it for future growth,” said Vyomesh Joshi, executive vice president, Imaging and Printing Group, HP. “While printing in the traditional sense will continue to be integral to what we bring to the world, we are disrupting the market with leading innovations beyond the page as well.”  

Scanning of 3-D objects

Micro and small businesses need the best tools to market and operate their businesses, especially when faced with potentially rapid growth. HP’s innovations help these businesses keep pace with the speed of customers:

To capture images of 3-D objects and scan documents, the HP TopShot LaserJet Pro M275 is an affordable desktop companion that’s ideal for small businesses or home offices. It is equipped with HP TopShot Scanning, a revolutionary technology that captures six separate images of a document or 3-D object and produces one final seamless image of exceptional quality. With this technology, SMBs can quickly produce high-quality images for immediate use in printed materials or on the web.

For more information, visit: www.hp.com/united-states/campaigns/topshot/index.html

Published in HP

Collaborative Product Development Associates (CPDA), a provider of critical analyses for PLM decisions, announces that Christian Verstraete, Hewlett-Packard’s Chief Technologist for the Manufacturing & Distribution Industries, will make a keynote presentation at PLM Road Map™ 2011 which will take place at The Inn at St. John's, outside of Detroit, on October 4th and 5th.

In his keynote presentation, Collaborative Product Development to Reduce Time to Profit, Christian Verstraete will focus on a collaborative approach in the design process to address the challenges of new business approaches, rising product complexity, and increased partner integration. Technologies and platforms exist for enterprises to share information with their suppliers in a secure manner and allow them to work concurrently on the same data. Through several case studies, Christian will show how such collaboration can take place, what its limits are and where technology is going. Practical examples will illustrate the presentation.

About Christian Verstraete, Chief Technologist – Manufacturing & Distribution Industries, Hewlett-Packard Company

Christian Verstraete has been a member of HP’s manufacturing team for more than 30 years. He holds responsibility for thought leadership and innovation - scanning industry and technology trends and assessing their mid/longer term effect on emerging MDI business opportunities and how to capitalize on them. He is the link to the CTO community both inside HP and with its customers and partners.

Prior to his current position, Christian was responsible for the development of solutions for the Manufacturing & Distribution Industry. He led HP’s global High-Tech Industry Group and the go-to-market strategy for the manufacturing industries Supply Chain where he was responsible for growing the company’s $300 million consulting and system integration business.

After having participated in the planning of the HP/Compaq merger, he headed HP’s manufacturing practice within the Consulting and Integration business unit from 2002 to 2004. The 1,200 consultants he led created and delivered solutions in the areas of supply chain, procurement and sourcing, product lifecycle collaboration, demand chain and collaborative business integration in all segments of the Manufacturing Industry.

Prior to that, Christian served as the Global Lead in the Extended Manufacturing Practice and the Supply Chain Infrastructure and EAI. From his first HP job as a systems engineer through project, regional, district, and global management, Christian has concentrated on developing, marketing, and advancing infrastructure services.

Frequently published in periodicals, Christian is also a featured speaker at global supply chain events and runs HP’s Manufacturing-Distribution blog. He is one of the authors of “Connected Manufacturing, Thought-provoking essays from industry leaders” and of “Collaborative Sourcing, Strategic Value Creation through Collaborative Supplier Relationship Management”. He is member of the board of the Supply Chain Council.

Christian holds a mechanical engineering degree from the Universite Catholique de Louvain in Belgium and a degree in industrial management from Katholieke Universiteit van Leuven, also in Belgium. He is based in Brussels, Belgium.

About PLM Road Map™ 2011

PLM Road Map™ 2011 is a strategic conference focused on the next generation of PLM integration. Explore firsthand the progress, opportunities, and roadblocks currently confronting end-users.

For more information visit: www.cpd-associates.com

Published in CPD Associates

Stratasys, Inc. (Nasdaq: SSYS), the leading manufacturer of 3D printers and 3D production systems, today announced it has signed a definitive agreement with HP for Stratasys to manufacture an HP-branded 3D printer. Used by product designers and architects, Stratasys 3D printers create three-dimensional plastic models directly from 3D digital designs.

Under the terms of the agreement, Stratasys will develop and manufacture for HP an exclusive line of 3D printers based on Stratasys' patented Fused Deposition Modeling (FDM) technology. HP will begin a phased rollout of the 3D printers in the mechanical design (MCAD) market in selected countries later this year, with the right to extend distribution globally.

"We believe the time is right for 3D printing to become mainstream," said Stratasys Chairman and CEO Scott Crump. "We also believe that HP's unmatched sales and distribution capabilities and Stratasys FDM technology is the right combination to achieve broader 3D printer usage worldwide. HP has made a similar move in this market before, capturing a dominant position in large-format 2D printers. Together we hope to repeat this success with 3D printers."

"There are millions of 3D designers using 2D printers who are ready to bring their designs to life in 3D," said Santiago Morera, vice president and general manager of HP's Large Format Printing Business. "Stratasys FDM technology is the ideal platform for HP to enter the 3D MCAD printing market and begin to capitalize on this untapped opportunity."

HP's Graphic Solutions Business - part of the company's $24 billion Imaging and Printing Group - will execute the distribution agreement. HP is a leading provider of Designjet and Scitex large-format printing solutions, Indigo digital solutions for commercial and industrial printing, inkjet high-speed production solutions and specialty printing systems.

Stratasys will hold a web cast and conference call on Tuesday, January 19, 2010 at 8:00 a.m. (ET) to discuss the details surrounding this agreement. The conference call will be available via live web cast on the Stratasys Web site at www.stratasys.com under the "Investors" tab or by clicking http://phx.corporate-ir.net/phoenix.zhtml?p=irol-eventDetails&c=61402&eventID=2667385.

To participate by telephone, the domestic dial-in number is 866-356-3377, and the international dial-in is 617-597-5392. The access code is 20329688. Investors are advised to dial into the call at least ten minutes prior to the start of the call to register. Please note that the web cast will provide you information via a slide presentation, but to participate in the Q&A session, you will be required to call in by telephone.

The web cast will be available for 90 days on the "Investors" page of the Stratasys website.

Industry Background

Designers and architects that design with CAD (Computer Aided Design) use 3D printers as peripheral devices to "print" or create a tangible 3D model from plastic or other material. The model is created directly from the CAD digital design. The models are used by designers, engineers and architects to verify the form, fit, and functional characteristics of their designs prior to committing those designs to production or construction.

The technology to produce 3D models directly from a digital design has been commercial for over 20 years, but recent advances in 3D printers have dramatically reduced their cost, and improved ease-of-use and reliability. Stratasys introduced its first Dimension 3D printer in 2002, priced under $30,000. Early last year, Stratasys broke the $15,000 barrier with its office-friendly uPrint 3D printer, which fits on a desktop.

Stratasys is the sales leader in 3D printing. Its printers are based on patented Stratasys FDM technology. FDM is the only technology to use high-performance industrial thermoplastics to make prototypes. Click on FDM Process for a video demonstration of the FDM process.

Stratasys, Inc., Minneapolis, manufactures additive fabrication machines for prototyping and manufacturing plastic parts under the brands Fortus 3D Production Systems and Dimension 3D Printers. The company also operates RedEye On Demand, an online service for part prototyping and production. According to Wohlers Report 2009, Stratasys supplied 43 percent of all additive fabrication systems installed worldwide in 2008, making it the unit market leader for the seventh consecutive year. Stratasys patented and owns the process known as FDM.(R) The process creates functional prototypes and manufactured goods directly from any 3D CAD program, using high-performance industrial thermoplastics. The company holds more than 250 granted or pending additive fabrication patents globally. Stratasys products are used in the aerospace, defense, automotive, medical, business & industrial equipment, education, architecture, and consumer-product industries. Online at: www.Stratasys.com

Stratasys, Dimension, uPrint, and Fused Deposition Modeling (FDM) are registered trademarks of Stratasys, Inc. Other trademarks are property of their respective owners.

Forward Looking Statements

All statements herein that are not historical facts or that include such words as "expects," "anticipates," "projects," "estimates," "vision," "planning", "believes" or similar words constitute forward-looking statements covered by the safe harbor protection of the Private Securities Litigation Reform Act of 1995.Except for the historical information herein, the matters discussed in this news release are forward-looking statements that involve risks and uncertainties.These include statements regarding projected revenue and income in future quarters; the size of the 3D printing market; our objectives for the marketing and sale of our Dimension(R) 3D Printers and our FortusTM 3D Production Systems, particularly for use in direct digital manufacturing (DDM); the demand for our proprietary consumables; the expansion of our paid parts service; and our beliefs with respect to the growth in the demand for our products.Other risks and uncertainties that may affect our business include our ability to penetrate the 3D printing market; our ability to achieve the growth rates experienced in preceding quarters; our ability to introduce, produce and market new materials, such as ABSplus and ABS-M30, and the market acceptance of these and other materials; the impact of competitive products and pricing; our timely development of new products and materials and market acceptance of those products and materials; the success of our recent R&D initiative to expand the DDM capabilities of our core FDM technology; and the success of our RedEyeOnDemandTMand other paid parts services.Actual results may differ from those expressed or implied in our forward-looking statements. These statements represent beliefs and expectations only as of the date they were made. We may elect to update forward-looking statements, but we expressly disclaim any obligation to do so, even if our beliefs and expectations change. In addition to the statements described above, such forward-looking statements are subject to the risks and uncertainties described more fully in our reports filed or to be filed with the Securities and Exchange Commission, including our annual reports on Form 10-K and quarterly reports on Form 10-Q.

This release is also available on the Stratasys Web site at www.Stratasys.com.

SOURCE: Stratasys, Inc.

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Published in Stratasys

Stratasys, Inc. (Nasdaq: SSYS), the leading manufacturer of 3D printers and 3D production systems, today announced it has signed a definitive agreement with HP for Stratasys to manufacture an HP-branded 3D printer. Used by product designers and architects, Stratasys 3D printers create three-dimensional plastic models directly from 3D digital designs.

Under the terms of the agreement, Stratasys will develop and manufacture for HP an exclusive line of 3D printers based on Stratasys' patented Fused Deposition Modeling (FDM) technology. HP will begin a phased rollout of the 3D printers in the mechanical design (MCAD) market in selected countries later this year, with the right to extend distribution globally.

"We believe the time is right for 3D printing to become mainstream," said Stratasys Chairman and CEO Scott Crump. "We also believe that HP's unmatched sales and distribution capabilities and Stratasys FDM technology is the right combination to achieve broader 3D printer usage worldwide. HP has made a similar move in this market before, capturing a dominant position in large-format 2D printers. Together we hope to repeat this success with 3D printers."

"There are millions of 3D designers using 2D printers who are ready to bring their designs to life in 3D," said Santiago Morera, vice president and general manager of HP's Large Format Printing Business. "Stratasys FDM technology is the ideal platform for HP to enter the 3D MCAD printing market and begin to capitalize on this untapped opportunity."

HP's Graphic Solutions Business - part of the company's $24 billion Imaging and Printing Group - will execute the distribution agreement. HP is a leading provider of Designjet and Scitex large-format printing solutions, Indigo digital solutions for commercial and industrial printing, inkjet high-speed production solutions and specialty printing systems.

Stratasys will hold a web cast and conference call on Tuesday, January 19, 2010 at 8:00 a.m. (ET) to discuss the details surrounding this agreement. The conference call will be available via live web cast on the Stratasys Web site at www.stratasys.com under the "Investors" tab or by clicking http://phx.corporate-ir.net/phoenix.zhtml?p=irol-eventDetails&c=61402&eventID=2667385.

To participate by telephone, the domestic dial-in number is 866-356-3377, and the international dial-in is 617-597-5392. The access code is 20329688. Investors are advised to dial into the call at least ten minutes prior to the start of the call to register. Please note that the web cast will provide you information via a slide presentation, but to participate in the Q&A session, you will be required to call in by telephone.

The web cast will be available for 90 days on the "Investors" page of the Stratasys website.

Industry Background

Designers and architects that design with CAD (Computer Aided Design) use 3D printers as peripheral devices to "print" or create a tangible 3D model from plastic or other material. The model is created directly from the CAD digital design. The models are used by designers, engineers and architects to verify the form, fit, and functional characteristics of their designs prior to committing those designs to production or construction.

The technology to produce 3D models directly from a digital design has been commercial for over 20 years, but recent advances in 3D printers have dramatically reduced their cost, and improved ease-of-use and reliability. Stratasys introduced its first Dimension 3D printer in 2002, priced under $30,000. Early last year, Stratasys broke the $15,000 barrier with its office-friendly uPrint 3D printer, which fits on a desktop.

Stratasys is the sales leader in 3D printing. Its printers are based on patented Stratasys FDM technology. FDM is the only technology to use high-performance industrial thermoplastics to make prototypes. Click on FDM Process for a video demonstration of the FDM process.

Stratasys, Inc., Minneapolis, manufactures additive fabrication machines for prototyping and manufacturing plastic parts under the brands Fortus 3D Production Systems and Dimension 3D Printers. The company also operates RedEye On Demand, an online service for part prototyping and production. According to Wohlers Report 2009, Stratasys supplied 43 percent of all additive fabrication systems installed worldwide in 2008, making it the unit market leader for the seventh consecutive year. Stratasys patented and owns the process known as FDM.(R) The process creates functional prototypes and manufactured goods directly from any 3D CAD program, using high-performance industrial thermoplastics. The company holds more than 250 granted or pending additive fabrication patents globally. Stratasys products are used in the aerospace, defense, automotive, medical, business & industrial equipment, education, architecture, and consumer-product industries. Online at: www.Stratasys.com

Stratasys, Dimension, uPrint, and Fused Deposition Modeling (FDM) are registered trademarks of Stratasys, Inc. Other trademarks are property of their respective owners.

Forward Looking Statements

All statements herein that are not historical facts or that include such words as "expects," "anticipates," "projects," "estimates," "vision," "planning", "believes" or similar words constitute forward-looking statements covered by the safe harbor protection of the Private Securities Litigation Reform Act of 1995.Except for the historical information herein, the matters discussed in this news release are forward-looking statements that involve risks and uncertainties.These include statements regarding projected revenue and income in future quarters; the size of the 3D printing market; our objectives for the marketing and sale of our Dimension(R) 3D Printers and our FortusTM 3D Production Systems, particularly for use in direct digital manufacturing (DDM); the demand for our proprietary consumables; the expansion of our paid parts service; and our beliefs with respect to the growth in the demand for our products.Other risks and uncertainties that may affect our business include our ability to penetrate the 3D printing market; our ability to achieve the growth rates experienced in preceding quarters; our ability to introduce, produce and market new materials, such as ABSplus and ABS-M30, and the market acceptance of these and other materials; the impact of competitive products and pricing; our timely development of new products and materials and market acceptance of those products and materials; the success of our recent R&D initiative to expand the DDM capabilities of our core FDM technology; and the success of our RedEyeOnDemandTMand other paid parts services.Actual results may differ from those expressed or implied in our forward-looking statements. These statements represent beliefs and expectations only as of the date they were made. We may elect to update forward-looking statements, but we expressly disclaim any obligation to do so, even if our beliefs and expectations change. In addition to the statements described above, such forward-looking statements are subject to the risks and uncertainties described more fully in our reports filed or to be filed with the Securities and Exchange Commission, including our annual reports on Form 10-K and quarterly reports on Form 10-Q.

This release is also available on the Stratasys Web site at www.Stratasys.com.

SOURCE: Stratasys, Inc.

Stratasys
Shane Glenn, Director of Investor Relations, 952-294-3416
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HP Graphics Solutions Business
Jill Peters, 503-391-8742
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Stratasys
Joe Hiemenz, Public Relations Manager, 952-906-2726
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