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3D Printing Helps German Manufacturer Seuffer Cut Tooling Costs for Prototype Parts by 97%, Lead Time By 98%
MINNEAPOLIS and REHOVOT, Israel, October 17, 2013 /PRNewswire/ --
Seuffer uses Stratasys 3D printed injection molds to produce parts for
functional testing in their final material
Stratasys Ltd. [http://www.stratasys.com ] (NASDAQ: SSYS), a manufacturer of 3D
printers and materials for personal use, prototyping and production, today announced that
Robert Seuffer, GmbH & Co. KG [http://www.seuffer.de/index.php?article_id&clang=1 ]
(Seuffer), a German supplier of parts for household appliances and commercial vehicles,
has incorporated Stratasys 3D printing in its manufacturing process to significantly
reduce the time and cost of producing injection molded sample parts.
(Photo:
http://photos.prnewswire.com/prnh/20131017/647551 )
The injection molding process is used by manufacturers all over the world to produce
parts in a variety of materials, most commonly thermoplastics. Prototype parts are
required to evaluate the part design for performance and fit before mass production. The
ability to dramatically streamline the tool creation process for producing these prototype
parts is another concrete example of how Stratasys 3D printing is revolutionizing
manufacturing.
"Working with the automotive industry, sample parts need to be tested in the
environment of moving mechanical parts as well as in high temperature environments,"
explained Andreas Buchholz, Head of Research and Development at Seuffer. "With Stratasys
3D printing, we can design first drafts of the injection mold within a few days and 3D
print them in less than 24 hours for part evaluation. Traditionally, it would take eight
weeks to manufacture the tool in metal using the conventional CNC process. And while the
conventional tool costs us about 40,000 euros, the 3D printed tool is less than 1000
euros, a saving of 97%."
Using Stratasys 3D printing technology, Seuffer also produces 3D printed molds for its
hot melt process. These molds, which are used to overmold low melting point polyamide over
electronic circuit boards, are created with Stratasys' rigid, opaque Vero materials.
"Companies worldwide are looking to introduce significant efficiencies to their
manufacturing processes when introducing new products, and are discovering the many
benefits of additive manufacturing, also known as 3D printing," said Andy Middleton,
General Manager, Stratasys EMEA at Stratasys. "More and more manufacturers are adopting 3D
printed tools as a complimentary injection molding solution - not only to cost-effectively
test products before mass production, but also to produce customized parts."
Watch this video [http://youtu.be/clD1kE1ej7E ] to learn how Seuffer's move to 3D
printing is revolutionizing their injection molding process:
Stratasys Ltd. (NASDAQ: SSYS), headquartered in Minneapolis, Minn. and Rehovot,
Israel, manufactures 3D printers and materials for prototyping and production. The
company's patented FDM(R) and PolyJet(R) processes 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 RedEye On Demand
digital-manufacturing service. Stratasys has more than 1500 employees, holds over 500
granted or pending additive manufacturing patents globally, and has received more than 20
awards for its technology and leadership. Online at: http://www.stratasys.com or
http://blog.stratasys.com
Stratasys, Objet, PolyJet and FDM, are trademarks or registered trademarks of
Stratasys Ltd. or its affiliates or subsidiaries. Other trademarks are the property of
their respective owners.
Cautionary Statement Regarding Forward-Looking Statements
Statements regarding Stratasys' beliefs, intentions and expectations, including
without limitation statements regarding the development and performance of our products,
are forward-looking statements (within the meaning of the United States federal securities
laws). The statements involve risks and uncertainties, both known and unknown, that may
cause actual results to differ materially from those projected. Actual results may differ
materially due to a number of factors, including the risk and uncertainty that the
businesses of the two companies may not be integrated successfully; the risk that the
merger may involve unexpected costs or unexpected liabilities; the risk that synergies
from the merger may not be fully realized or may take longer to realize than expected; the
risk that management's focus on and disruptions arising from the merger make it more
difficult to maintain relationships with customers, employees, or suppliers. Stratasys'
ability to achieve the results presented in any forward-looking statement will depend on
numerous factors, including its ability to penetrate the 3D printing market; its ability
to achieve the growth rates experienced in preceding quarters; its ability to introduce,
produce and market both existing and new consumable materials, and the market acceptance
of these materials; the impact of competitive products and pricing; its timely development
of new products and materials and market acceptance of those products and materials; the
success of Stratasys' recent R&D initiative to expand the DDM capabilities of its core FDM
technology; and the success of Stratasys' RedEye On DemandTM and other paid parts
services. This list is intended to identify only certain of the principal factors that
could cause actual results to differ. These and other applicable factors are discussed in
this presentation and in Stratasys' Annual Report on Form 20-F for the year ended December
31, 2012, as well as other filings that Stratasys, Inc. has made with the SEC and that
Stratasys Ltd. has made and will make with the SEC in the future. Any forward-looking
statements included in this presentation are as of the date they are given, and Stratasys
is not obligated to update them if its views later change, or to reflect the occurrence of
unanticipated events, except as may be required by law. These forward-looking statements
should not be relied upon as representing Stratasys' views as of any date subsequent to
the date they are given.
Attention Editors, if you publish reader-contact information, please use:
- USA 1-877-489-9449
- Europe/Middle East/Africa +49-7229-7772-0
- Asia Pacific +852 39448888
Stratasys Media Contacts
USA
Aaron Masterson
Weber Shandwick
Tel. +1-952-346-6258
AMasterson@webershandwick.com
Meg Marra
Weber Shandwick
Tel. +1-312-988-2168
MMarra@webershandwick.com
Europe
Jonathan Wake/Miguel Afonso
UK Bespoke
Tel: +44-1737-215200
stratasys@bespoke.co.uk
Stratasys
Arita Mattsoff / Joe Hiemenz
Stratasys
Tel. +972-(0)74-745-4000 (IL)
Tel. +1-952-906-2726 (US)
arita@stratasys.com
joe.hiemenz@stratasys.com
Asia Pacific
Stratasys AP
Vicki Kei
Tel. +852-3944-8813
Vicki.kei@stratasys.com
Japan
Stratasys Japan
Aya Yoshizawa
Tel. +81-90-6473-1812
Aya.yoshizawa@stratasys.com
Korea
Stratasys AP
Jihyun Lee
Tel. +82-10-3408-1609
jihyun.lee@Stratasys.com
Brazil
Tatiana Fonseca
GAD Communications
Tel: +55-11-3846-9981
tatiana@gadcom.com.br
Mexico
Patricia Tawil
IDESA
Tel. +52-55-5253-9670
ptawil@idesap.com
South Africa
Alison McDonald
PR Connections
Tel. +27-(0)11-468-1192
alison@pr.co.za
Photo:
http://photos.prnewswire.com/prnh/20131017/647551
Photo:http://photos.prnewswire.com/prnh/20131017/647551
http://photoarchive.ap.org/
Stratasys
3D Printing Helps German Manufacturer Seuffer Cut Tooling Costs for Prototype Parts by 97%, Lead Time By 98%
MINNEAPOLIS and REHOVOT, Israel, October 17, 2013 /PRNewswire/ --
Seuffer uses Stratasys 3D printed injection molds to produce parts for
functional testing in their final material
Stratasys Ltd. [http://www.stratasys.com ] (NASDAQ: SSYS), a manufacturer of 3D
printers and materials for personal use, prototyping and production, today announced that
Robert Seuffer, GmbH & Co. KG [http://www.seuffer.de/index.php?article_id&clang=1 ]
(Seuffer), a German supplier of parts for household appliances and commercial vehicles,
has incorporated Stratasys 3D printing in its manufacturing process to significantly
reduce the time and cost of producing injection molded sample parts.
(Photo:
http://photos.prnewswire.com/prnh/20131017/647551 )
The injection molding process is used by manufacturers all over the world to produce
parts in a variety of materials, most commonly thermoplastics. Prototype parts are
required to evaluate the part design for performance and fit before mass production. The
ability to dramatically streamline the tool creation process for producing these prototype
parts is another concrete example of how Stratasys 3D printing is revolutionizing
manufacturing.
"Working with the automotive industry, sample parts need to be tested in the
environment of moving mechanical parts as well as in high temperature environments,"
explained Andreas Buchholz, Head of Research and Development at Seuffer. "With Stratasys
3D printing, we can design first drafts of the injection mold within a few days and 3D
print them in less than 24 hours for part evaluation. Traditionally, it would take eight
weeks to manufacture the tool in metal using the conventional CNC process. And while the
conventional tool costs us about 40,000 euros, the 3D printed tool is less than 1000
euros, a saving of 97%."
Using Stratasys 3D printing technology, Seuffer also produces 3D printed molds for its
hot melt process. These molds, which are used to overmold low melting point polyamide over
electronic circuit boards, are created with Stratasys' rigid, opaque Vero materials.
"Companies worldwide are looking to introduce significant efficiencies to their
manufacturing processes when introducing new products, and are discovering the many
benefits of additive manufacturing, also known as 3D printing," said Andy Middleton,
General Manager, Stratasys EMEA at Stratasys. "More and more manufacturers are adopting 3D
printed tools as a complimentary injection molding solution - not only to cost-effectively
test products before mass production, but also to produce customized parts."
Watch this video [http://youtu.be/clD1kE1ej7E ] to learn how Seuffer's move to 3D
printing is revolutionizing their injection molding process:
Stratasys Ltd. (NASDAQ: SSYS), headquartered in Minneapolis, Minn. and Rehovot,
Israel, manufactures 3D printers and materials for prototyping and production. The
company's patented FDM(R) and PolyJet(R) processes 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 RedEye On Demand
digital-manufacturing service. Stratasys has more than 1500 employees, holds over 500
granted or pending additive manufacturing patents globally, and has received more than 20
awards for its technology and leadership. Online at: http://www.stratasys.com or
http://blog.stratasys.com
Stratasys, Objet, PolyJet and FDM, are trademarks or registered trademarks of
Stratasys Ltd. or its affiliates or subsidiaries. Other trademarks are the property of
their respective owners.
Cautionary Statement Regarding Forward-Looking Statements
Statements regarding Stratasys' beliefs, intentions and expectations, including
without limitation statements regarding the development and performance of our products,
are forward-looking statements (within the meaning of the United States federal securities
laws). The statements involve risks and uncertainties, both known and unknown, that may
cause actual results to differ materially from those projected. Actual results may differ
materially due to a number of factors, including the risk and uncertainty that the
businesses of the two companies may not be integrated successfully; the risk that the
merger may involve unexpected costs or unexpected liabilities; the risk that synergies
from the merger may not be fully realized or may take longer to realize than expected; the
risk that management's focus on and disruptions arising from the merger make it more
difficult to maintain relationships with customers, employees, or suppliers. Stratasys'
ability to achieve the results presented in any forward-looking statement will depend on
numerous factors, including its ability to penetrate the 3D printing market; its ability
to achieve the growth rates experienced in preceding quarters; its ability to introduce,
produce and market both existing and new consumable materials, and the market acceptance
of these materials; the impact of competitive products and pricing; its timely development
of new products and materials and market acceptance of those products and materials; the
success of Stratasys' recent R&D initiative to expand the DDM capabilities of its core FDM
technology; and the success of Stratasys' RedEye On DemandTM and other paid parts
services. This list is intended to identify only certain of the principal factors that
could cause actual results to differ. These and other applicable factors are discussed in
this presentation and in Stratasys' Annual Report on Form 20-F for the year ended December
31, 2012, as well as other filings that Stratasys, Inc. has made with the SEC and that
Stratasys Ltd. has made and will make with the SEC in the future. Any forward-looking
statements included in this presentation are as of the date they are given, and Stratasys
is not obligated to update them if its views later change, or to reflect the occurrence of
unanticipated events, except as may be required by law. These forward-looking statements
should not be relied upon as representing Stratasys' views as of any date subsequent to
the date they are given.
Attention Editors, if you publish reader-contact information, please use:
- USA 1-877-489-9449
- Europe/Middle East/Africa +49-7229-7772-0
- Asia Pacific +852 39448888
Stratasys Media Contacts
USA
Aaron Masterson
Weber Shandwick
Tel. +1-952-346-6258
AMasterson@webershandwick.com
Meg Marra
Weber Shandwick
Tel. +1-312-988-2168
MMarra@webershandwick.com
Europe
Jonathan Wake/Miguel Afonso
UK Bespoke
Tel: +44-1737-215200
stratasys@bespoke.co.uk
Stratasys
Arita Mattsoff / Joe Hiemenz
Stratasys
Tel. +972-(0)74-745-4000 (IL)
Tel. +1-952-906-2726 (US)
arita@stratasys.com
joe.hiemenz@stratasys.com
Asia Pacific
Stratasys AP
Vicki Kei
Tel. +852-3944-8813
Vicki.kei@stratasys.com
Japan
Stratasys Japan
Aya Yoshizawa
Tel. +81-90-6473-1812
Aya.yoshizawa@stratasys.com
Korea
Stratasys AP
Jihyun Lee
Tel. +82-10-3408-1609
jihyun.lee@Stratasys.com
Brazil
Tatiana Fonseca
GAD Communications
Tel: +55-11-3846-9981
tatiana@gadcom.com.br
Mexico
Patricia Tawil
IDESA
Tel. +52-55-5253-9670
ptawil@idesap.com
South Africa
Alison McDonald
PR Connections
Tel. +27-(0)11-468-1192
alison@pr.co.za
Photo:
http://photos.prnewswire.com/prnh/20131017/647551
Photo:http://photos.prnewswire.com/prnh/20131017/647551
http://photoarchive.ap.org/
Stratasys