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Apr 7, 2010

3D Systems Acquires Design Prototyping Technologies

ROCK HILL, S.C - 3D Systems announced today that it has acquired Design Prototyping Technologies Inc., an online provider of fast turnaround high quality functional parts and prototypes. This is the fourth services acquisition for the company in six months.

3D Systems launched its 3Dproparts(TM) service last October and moved quickly to expand its capabilities and geographical coverage through the acquisitions of Acu-Cast Technologies, AdvaTech Manufacturing and Moeller Design. Today's addition of DPT enhances 3Dproparts(TM) suite of online services, broadening its appeal to a rapidly growing audience of designers, engineers and marketers who demand 24X7 global access to high quality, affordable parts solutions.

As an online rapid prototyping pioneer, leader and innovator, DPT used its first mover advantage to develop and deploy a set of user friendly web tools that provide its customers with significant productivity and affordability advantages. 3D Systems is pleased to welcome Mike Rufo and Dan Sammons, co-owners of DPT, together with their entire team of outstanding, experienced rapid manufacturing professionals into its growing 3Dproparts(TM) family.

"We are pleased to add another world class service provider with proprietary online capabilities to our rapidly growing 3Dproparts(TM) business," said Abe Reichental, President and CEO of 3D Systems. "Under Mike and Dan's experienced leadership we intend to expand our online offerings significantly and further increase our menu of services for the benefit of our growing customer base."

The company plans to continue the expansion of its 3Dproparts(TM) service offerings domestically and internationally through organic growth and additional strategic acquisitions.