David Reis Named CEO of Objet Geometries Ltd.

REHOVOT, Israel, March 26 /PRNewswire/ -- Objet Geometries Ltd., the innovation leader in 3D printing, today announced that printing technologies pioneer David Reis has been named President and CEO, effective immediately. He assumes the role from Adina Shorr, who steps down after six successful years at the company.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080514/305187 )

Mr. Reis, who has served on the Objet board since 2001 and is currently Objet's Active Vice Chairman, holds a B.A. in Economics and Business Administration and an MBA from Denver University. Mr. Reis brings to the company extensive leadership and international management experience. Most recently, he served as President and CEO of NUR Macroprinters Ltd.

Under Ms. Shorr's leadership Objet transformed from a startup to a leading player in the global 3D printing market. In particular, she helped bring to market numerous new rapid prototyping innovations, including the Connex500(TM), the first system to allow simultaneous printing of several materials with different mechanical and physical properties, and the latest Alaris30, a first-of-its-kind desktop rapid prototyping system.

Elan Jaglom, Chairman of the Board, said: "All of us at Objet extend a warm welcome to David Reis, whose unparalleled experience, insights and knowledge of the company will propel Objet to new heights in the 3D printing industry. We also sincerely thank Adina Shorr for the tremendous accomplishments during her tenure. Adina will retain an advisory role to the Objet board in various activities."

Under Mr Reis, Objet will continue to build on its strategies, leveraging the momentum already generated to drive Objet's success through the coming years.

Despite the challenging economic times, Objet has embarked on several new strategic projects, including expanding its European and Asia Pacific presence, the implementation of a worldwide Oracle Enterprise Resource Planning (ERP) system and the completion of a state-of-the-art resin plant.

About Objet Geometries

Objet Geometries Ltd., ( http://www.objet.com), a pioneer in photopolymer jetting, develops, manufactures and globally markets ultra-thin-layer, high-resolution 3-Dimensional printing systems and materials that utilize PolyJet(TM) and PolyJet Matrix(TM) polymer jetting technologies to print ultra-thin layers.

The market-proven Eden(TM) line of 3-D Printing Systems and the Alaris30 3-D Printer are based on Objet's patented office-friendly PolyJet Technology. Connex500(TM) is based on Objet's PolyJet Matrix(TM) technology, which jets multiple model materials simultaneously and creates composite Digital Materials(TM) on the fly. All Objet systems use Objet's FullCure(R) materials to create accurate, clean, smooth and highly detailed 3-dimensional models.

Objet's solutions enable manufacturers and industrial designers to reduce cost of product development cycles and dramatically shorten time-to-market of new products. Objet systems are in use by world leaders in many industries, such as automotive, electronics, toy, consumer goods, and footwear industries in North America, Europe, Asia, Australia and Japan.

Founded in 1998, Objet serves its growing worldwide customer base through offices in USA, Europe and Hong Kong, and a global network of distribution partners. Objet owns more than 50 patents and patent pending inventions.

    Lynn Kolevsohn, Objet Geometries

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