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Stratasys Expands Australia and New Zealand Vertical Industry Outreach to Address Growing Demand

-- Appoints new channel partner to strengthen local presence in the digital dentistry arena
-- Introduces its most versatile 3D printer Objet Eden260VS Dental Advantage allowing faster and more cost-effective production of dental parts with delicate features and fine details
2015-01-28 06:00 4030

SYDNEY, Jan. 28, 2015 /PRNewswire/ -- Stratasys Asia Pacific, a subsidiary of Stratasys Ltd. (NASDAQ: SSYS), a global leader of 3D printing and additive manufacturing solutions, today announced the appointment of Dental Axess to strengthen the local presence in Australia and New Zealand, targeted at addressing the growing demand for digital dentistry and better serving the needs of orthodontics and dental clinics in the region. Objet Eden260VS Dental Advantage was also introduced, which is designed to allow faster and cost-effective production of dental parts with delicate features and fine details.

Joining Stratasys' partner network with extensive knowledge and experience in channeling prosthetic dental CAD/CAM solutions, Sydney-based Dental Axess will focus on the sale and provision of local support and services for Stratasys' dental portfolio. This includes the new Objet Eden260VS Dental Advantage 3D Printer, which offers soluble support option that enables easy cleaning of dental parts with fine features such as the small removable die inserts in dental models. The automated support removal function also minimizes the production cost per part.

"We believe that dental practitioners are increasingly seeing the clinical and productivity benefits that 3D printing can bring to their daily work," commented Ido Eylon, General Manager of Southern Asia & Pacific from Stratasys AP. "The dental market has always been a strategic focus at Stratasys. With the addition of Objet Eden260VS Dental Advantage to Stratasys' wide range of solution offerings and the strengthening of our dental channel partner network, we are confident to capitalize on the growing potential in the region, providing local expertise to cater to the unique needs of the segment."

Stratasys will continue to offer first-class dental solutions to both small and large clinics and labs, facilitating businesses to expedite the modelling process of customized dental products including orthodontics, crowns, bridges and implants.

About Stratasys

Stratasys Ltd. (Nasdaq:SSYS), headquartered in Minneapolis, Minnesota and Rehovot, Israel, is a leading global provider of 3D printing and additive manufacturing solutions. The company's patented FDM®, PolyJet™, and WDM™ 3D Printing technologies produce prototypes and manufactured goods directly from 3D CAD files or other 3D content. Systems include 3D printers for idea development, prototyping and direct digital manufacturing. Stratasys subsidiaries include MakerBot and Solidscape, and the company operates the digital parts manufacturing service, Stratasys Direct Manufacturing. Stratasys has more than 2,800 employees, holds over 600 granted or pending additive manufacturing patents globally, and has received more than 25 awards for its technology and leadership. Online at: www.stratasys.com or http://blog.stratasys.com.

Note Regarding Forward-Looking Statements

The statements in this press release relating to Stratasys' beliefs regarding the benefits consumers will experience from the Objet Eden260VS Dental Advantage, Stratasys' expectation on the timing of shipping the Objet Eden260VS Dental Advantage, are forward-looking statements reflecting management's current expectations and beliefs. These forward-looking statements are based on current information that is, by its nature, subject to rapid and even abrupt change. Due to risks and uncertainties associated with Stratasys' business, actual results could differ materially from those projected or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to: the risk that consumers will not perceive the benefits of the Objet Eden260VS Dental Advantage to be the same as Stratasys does; the risk that unforeseen technical difficulties will delay the shipping of the Objet Eden260VS Dental Advantage; and other risk factors set forth under the caption "Risk Factors" in Stratasys' most recent Annual Report on Form 20-F, filed with the Securities and Exchange Commission (SEC) on March 3, 2014. Stratasys is under no obligation (and expressly disclaims any obligation) to update or alter its forward-looking statements, whether as a result of new information, future events or otherwise, except as otherwise required by the rules and regulations of the SEC.

About Dental Axess

Dental Axess provides the Australian and New Zealand markets with a wide range of digital and prosthetic dental solutions. The company, based in North Ryde, Sydney, is an independent distributor and integrator of CAD/CAM systems for all major dental indications. In tune with global trends of the rapidly evolving CAD/CAM market Dental Axess is well positioned to provide seamless digital workflows between dental clinics, dental laboratories and manufacturers while supporting choice and flexibility. Dental Axess connects customers to a wide range of local and international milling and printing solutions through the largest manufacturing network in Australia and New Zealand.

Media Contact

Stratasys AP
Janice Lai
Janice.lai@stratasys.com
+852-3944-8888

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Source: Stratasys
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