3D Systems Corporation
DDD announced today that it has acquired Rapid Product Development
Group, Inc. ("RPDG"), a provider of on-demand additive and traditional
manufacturing services.
3D Systems plans to integrate RPDG's state-of-the-art capabilities into its
growing Quickparts services immediately.
"We are honored to become part of 3D Systems, the recognized global 3D
content-to-print leader," said Tony Moran, CEO and Founder of RPDG. "Together,
we can deliver the full impact of 3D printing and traditional manufacturing
capabilities to our global customers."
"We are very pleased to add a proven service provider and innovator of RPDG's
reputation, experience and scale to our rapidly growing, global network of
on-demand parts services," said Ziad Abou, Vice President and General Manager,
Quickparts Services for 3D Systems. "With Tony and his team on board, we are
extremely well positioned to expand our services to support our growing
customer demand."
In connection with the acquisition of RPDG, the company raised its 2013 annual
revenue and non-GAAP earnings per share guidance to revenue in the range of
$460 million to $510 million and non-GAAP EPS in the range of $1.05 to $1.20
per share.
About 3D Systems
3D Systems is 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. The company also provides CAD modeling,
reverse engineering and inspection software tools and consumer 3D printers,
apps and services. Its expertly integrated solutions replace and complement
traditional methods and reduce the time and cost of designing and
manufacturing new products. 3D Systems products and services are used to
rapidly design, communicate, prototype or produce real functional parts,
empowering customers to create and make with confidence.
More information on the company is available at www.3DSystems.com.
About RPDG
Rapid Product Development Group, Inc. RPDG is a global provider of additive
and traditional quick turn manufacturing services. RPDG was founded in 2003 by
a team of industry veterans.
More information on the company is available at www.rpdg.com.
CONTACT: Investor Contact:
Stacey Witten
803-326-4010
Email: Stacey.Witten@3dsystems.com
Media Contact:
Cathy Lewis
978-494-8300
Email: Cathy.Lewis@3dsystems.com
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