VALENCIA, Calif.--(BUSINESS WIRE)--March 3, 2003--3D Systems Corp.
TDSC) has announced 3D Systems, Inc. have filed an action in
the United States District Court, Western District of Texas against
EOS GmbH Electro Optical Systems (EOS) of Krailling/Munich, Germany to
stop the sales of EOS' laser sintering systems in the U.S. These
systems are based on inventions that were developed, patented, and
exclusively licensed by the University of Texas at Austin to 3D
Systems. Consequently, The University has joined its licensee, 3D
Systems, in seeking Injunctive Relief.
EOS recently announced the installation of an EOSINT P700 system
in the U.S. It is the belief of 3D Systems and The University that EOS
has ignored the licensed patents and diminished the value of the
license by the importation and sale of the EOS P700 system. 3D Systems
acquired the rights to the patents in 2001 through the acquisition of
DTM Corporation, to whom the patents were exclusively licensed. EOS is
not licensed under these patents and therefore it is 3D Systems'
position that EOS does not have the right to be selling in the US.
"As EOS continues to sell its systems in the U.S., it is
infringing upon 3D Systems' patent rights. Should the current suit be
decided in 3D Systems' favor, it is our intent to notify U.S.
purchasers of EOS' systems of their infringement and liability and to
request that the customers propose a specific remedy for relief to 3D
Systems," said Brian K. Service, 3D Systems Chief Executive Officer.
"We understand that vendor choice is an essential part of
proliferating and accentuating technology and we support this concept.
However at the same time 3D Systems has a responsibility to its
shareholders and to the UT to ensure they receive adequate recompense
for the many years, and considerable investment, involved in creating
this intellectual property," concluded Service.
About 3D Systems
Founded in 1986, 3D Systems, the solid imaging company(SM),
provides solid imaging products and solutions that reduce the time and
cost of designing products and facilitate direct and indirect
manufacturing. Its systems utilize patented technologies to create
physical objects from digital input that can be used in design
communication, prototyping, and as functional end-use parts.
3D Systems currently offers the ThermoJet(R) solid object printer,
SLA(R) (stereolithography) systems, SLS(R) (selective laser sintering)
systems, and Accura(R) materials (including photopolymers, metals,
nylons, engineering plastics, and thermoplastics).
3D Systems is the originator of the advanced digital manufacturing
(ADM(SM)) solution for manufacturing applications. ADM is the
utilization of 3D Systems solid imaging technologies to accelerate
production of smaller volumes of customized/specialized parts. A
typical ADM center is expected to contain multiple 3D Systems' SLA,
MJM and/or SLS systems dedicated to full-time manufacturing
Product pricing in the U.S. ranges from $49,995, for the ThermoJet
printer, to $799,000 for the high-end SLA 7000 system. 3D Systems'
multiple platform product line enables companies to choose the most
appropriate systems for applications ranging from the creation of
design communication models to prototypes to production parts. More
information on the company is available at
www.3dsystems.com, or by
phoning 888/337-9786, or 661/295-5600 ext. 2882 internationally. An
investor packet can be obtained by calling 800/757-1799.
Note to editors: ADM and the solid imaging company are service
marks; and si2 is a trademark; and ThermoJet, SLA, SLS, Accura and the
3D logo are registered trademarks of 3D Systems Inc.
Certain statements in this news release may include
forward-looking statements that express the expectation, prediction,
belief or projection of 3D Systems. These statements involve known and
unknown risks, uncertainties and other factors that may cause the
actual results, performance and achievement of 3D Systems to be
materially and adversely different from any future results,
performance or achievement expressed or implied by these
forward-looking statements. Factors that may cause actual results to
differ from the forward-looking statements contained in this release
and that may affect the company's prospects in general include, but
are not limited to: the funding of amounts of capital adequate to
provide for the working capital needs of the company; actions of
competitors and customers; the company's ability to successfully
design and produce new products; customer acceptance of new products;
the company's ability to enter into successful relationships with new
customers to fully exploit its products; the company's ability to
successfully implement all elements of its restructuring and cost
savings program, and such other factors as are described in the
company's filings with the Securities and Exchange Commission. The
company does not undertake to update any forward-looking statements.
CONTACT: 3D Systems Elizabeth Goode, 661/295-5600, ext. 2632 Email Contact or Self & Associates Trudy Self, 909/336-5685 Email Contact