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4-Traders Homepage  >  Equities  >  Nyse  >  3D Systems Corporation    DDD

3D SYSTEMS CORPORATION (DDD)
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3D System : ' On Demand Manufacturing Services Expands E-Commerce Platform in EMEA Region

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11/15/2017 | 10:02am CET

* E-Commerce Site Enhances Experience for Fast-Turn Prototyping

* Rapid Prototyping Stimulates Product Development, Speeds Time to Market

FRANKFURT, Germany -- Today, at formnext 2017, 3D Systems (NYSE: DDD) announced the availability of its On Demand Manufacturing Services Quickparts® e-commerce platform in EMEA. The e-commerce site enables customers to generate quotes and order parts for fast-turn prototyping of metal and plastic prototypes with delivery in as little as one day. By uploading a CAD file for immediate quote or expert consultation, customers access a direct path to production with the highest quality output in the industry.

Following the successful launch of the platform in the United States, the company has expanded the service offering to the EMEA region, with fulfilment provided by one of five manufacturing facilities in Europe: Belgium, UK, Benelux, France, and Italy.

Rapid Prototyping Propels Agile Manufacturing

To stay competitive, manufacturers must find ways to stimulate the product development process. In most companies, product development is a sequential iterative process, and each iterative loop provides new knowledge about what works and what doesn't. It can be a time-consuming process; in today's market time is the resource in shortest supply. Manufacturers benefit from achieving prototypes in hours and days, rather than weeks, enabling companies to significantly improve product time-to-market as well as deliver a superior product within that shortened time.

3D Systems' Quickparts e-commerce experience provides an intuitive, convenient way to upload files, receive quotes, and quickly purchase and receive prototypes as well as low volume, functional production parts.

Customers can order parts via the platform, selecting from 12 additive and traditional manufacturing processes including Stereolithography (SLA), Selective Laser Sintering (SLS), ColorJet Printing (CJP), Direct Metal Printing (DMP), Wax Patterns with MultiJet Printing (MJP), Vacuum Casting, Rapid Moulded Parts, Sheet Metal, Injection Mould Tooling, Die Casts, QuickCasts, or CNC Machined Parts.

Features of the service include:

- Order from 12 available technologies, including SLA, SLS, DMP, CNC and other casting technologies; select technologies available for auto-quoting

- Confirmed orders ship within 3 working days (dependent on order size and complexity)

- Full range of materials and finishes are available

- Easy payment via credit card

- Available in 5 languages: German, French, Spanish, Italian, English

"Many of our customers need instantaneous help with design challenges, materials, and processes, while others need a simple way to validate their design," said Phil Schultz, senior vice president, On Demand Manufacturing Services and Plastics, 3D Systems. "We are very pleased to offer this new e-commerce experience to our customers in the EMEA region; enabling them to quickly and easily bring their designs to life and move from prototyping to production."

The e-commerce site can be accessed here. More information about 3D Systems' On Demand Manufacturing Services can be found here.

Meet with 3D Systems' On Demand Manufacturing experts at the company's booth at formnext Frankurt 2017, hall 3.1, booth F10.

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 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 or projections expressed or implied by such forward-looking statements. In many cases, forward looking statements can be identified by terms such as "believes," "belief," "expects," "may," "will," "estimates," "intends," "anticipates" or "plans" or the negative of these terms or other comparable terminology. Forward-looking statements are based upon management's beliefs, assumptions and current expectations and 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" 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. Although management believes that the expectations reflected in the forward-looking statements are reasonable, forward-looking statements are not, and should not be relied upon as a guarantee of future performance or results, nor will they necessarily prove to be accurate indications of the times at which such performance or results will be achieved. The forward-looking statements included are made only as the date of the statement. 3D Systems undertakes no obligation to update or review any forward-looking statements made by management or on its behalf, whether as a result of future developments, subsequent events or circumstances or otherwise.

About 3D Systems

3D Systems provides comprehensive 3D products and services, including 3D printers, print materials, on demand manufacturing services and digital design tools. Its ecosystem supports advanced applications from the product design shop to the factory floor to the operating room. 3D Systems' precision healthcare capabilities include simulation, Virtual Surgical Planning, and printing of medical and dental devices as well as patient-specific surgical instruments. As the originator of 3D printing and a shaper of future 3D solutions, 3D Systems has spent its 30-year history enabling professionals and companies to optimize their designs, transform their workflows, bring innovative products to market and drive new business models.

More information on the company is available at www.3dsystems.com

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(C) 2017 M2 COMMUNICATIONS, source M2 PressWIRE

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Financials ($)
Sales 2017 631 M
EBIT 2017 2,68 M
Net income 2017 -67,2 M
Finance 2017 118 M
Yield 2017 -
P/E ratio 2017 -
P/E ratio 2018
EV / Sales 2017 1,41x
EV / Sales 2018 1,33x
Capitalization 1 008 M
Chart 3D SYSTEMS CORPORATION
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3D Systems Corporation Technical Analysis Chart | DDD | US88554D2053 | 4-Traders
Technical analysis trends 3D SYSTEMS CORPORATION
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 16
Average target price 9,68 $
Spread / Average Target 9,4%
EPS Revisions
Managers
NameTitle
Vyomesh I. Joshi President, Chief Executive Officer & Director
G. Walter Loewenbaum Chairman
John N. McMullen Chief Financial Officer & Executive Vice President
Charles W. Hull Director, CTO & Executive Vice President
Kevin Scott Moore Independent Director
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