3D Systems Releases Restated Financial Statements

                        3D SYSTEMS CORPORATION
           Condensed Consolidated Statements of Cash Flows
            Nine Months Ended September 30, 2006 and 2005
                            (in thousands)

                             (unaudited)

                                                    Nine Months Ended
                                                       September 30,
                                                    ------------------
                                                      2006      2005
                                                    --------- --------
                                                              Restated


Cash flows from operating activities:
Net income (loss)                                   $(23,321) $ 3,073
 Adjustments to reconcile net income (loss) to net
  cash used in operating activities :
      Valuation allowance for deferred income taxes    2,605        -
Provision for depreciation and amortization            4,415    4,812
Bad debt provision (benefit)                           1,282       16
Stock-based compensation expense                       1,909      699
Gain on disposition of property and equipment            (34)     (54)
      Adjustments to inventory reserves                  (61)    (720)
Changes in operating accounts:
 Accounts receivable                                   5,530     (697)
             Lease receivables                           177      344
 Inventories, net                                    (12,265)  (5,206)
 Prepaid expenses and other current assets             2,933   (4,910)
 Other assets                                            716      229
 Accounts payable                                      5,274    1,009
 Accrued liabilities                                   1,111   (2,507)
 Customer deposits                                       398    1,228
 Deferred revenue                                     (2,932)    (906)
 Other liabilities                                       (32)    (466)

                                                    --------- --------
Net cash used in operating activities                (12,295)  (4,056)
                                                    --------- --------

Cash flows from investing activities:
 Purchases of property and equipment                  (7,697)  (1,786)
 Additions to licenses and patents                      (305)    (504)
 Proceeds from the sale of property and equipment        248       98
 Software development costs                             (485)    (635)

                                                    --------- --------
Net cash used in investing activities                 (8,239)  (2,827)
                                                    --------- --------

Cash flows from financing activities:
 Stock option, stock purchase plan and restricted
  stock proceeds                                                                           2,716        8,020
  Repayment  of  long-term  debt                                                        (205)        (177)
  Payments  under  obligation  to  former  3D  Systems  S.A.
    stockholders                                                                                          -          (585)
  Payment  of  preferred  stock  dividends                                      (785)        (785)
  Stock  issuance  costs                                                                            -          (211)
  Payment  of  accrued  liquidated  damages                                          -            (36)

                                                                                                        ---------  --------
Net  cash  provided  by  financing  activities                            1,726        6,226
Effect  of  exchange  rate  changes  on  cash                                  (240)          385

                                                                                                        ---------  --------
Net  decrease  in  cash  and  cash  equivalents                        (19,048)        (272)

Cash  and  cash  equivalents  at  the  beginning  of  the
  period                                                                                              24,328      26,505

                                                                                                        ---------  --------
Cash  and  cash  equivalents  at  the  end  of  the  period    $    5,280    $26,233

                                                                                                        =========  ========

Selected  Supplemental  Cash  Flow  Information:
Interest  payments                                                                      $        903    $      762
Income  tax  payments                                                                            902        1,296
Non-cash  items:
  Conversion  of  6%  convertible  subordinated
    debentures                                                                                      7,250            100
  Capitalized  lease  obligation                                                    8,919                -
  Conversion  of  Series  B  convertible  preferred  stock      15,240              26
  Accrued  dividends  on  preferred  stock                                            -        1,211
  Accreted  dividends  on  preferred  stock                                  1,003                -
  Transfer  of  equipment  from  inventory  to  property
    and  equipment,  net                                                                      1,834        2,066
  Transfer  of  equipment  to  inventory  from  property
    and  equipment,  net                                                                          543            586
 


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