Organization Highlighted as Growth Company in BusinessWeek, Fortune Small Business and Fortune magazine; CEO Scott Crump Honored as Entrepreneur of the YearMINNEAPOLIS—(BUSINESS WIRE)—Sept. 20, 2005— Stratasys, Inc. (Nasdaq: SSYS) today announced a three-month run of recognitions and accolades with the company appearing on multiple top-100 lists within leading business publications and chief executive officer Scott Crump winning a national business award.
In June, Stratasys appeared in BusinessWeek's "Hot 100 Growth Companies 2005," ranking 89 on the prestigious list. That same month, Crump was recognized as an Ernst & Young 2005 Entrepreneur of the Year. Most recently, Stratasys was ranked 17 on Fortune Small Business' annual "FSB 100" list, and Fortune magazine ranked Stratasys 66 on its list of "The 100 Fastest-Growing Companies."
"These accolades are a testament to the work of the entire Stratasys team," said Crump. "We're honored to be recognized by such a prominent group of organizations, but in the end, it's all about generating ongoing success. We are confident in our ability to continue delivering long-term value to Stratasys customers, partners and investors."
Stratasys Inc., Minneapolis, manufactures rapid prototyping systems and 3D printers for use by OEMs such as aerospace, automotive, defense, medical, and consumer product makers. In 2004 the company installed 36 percent of all such systems sold worldwide, making it the unit market leader again, according to Wohlers Report 2005. Stratasys patented the rapid prototyping process known as fused deposition modeling (FDM(R)). The process creates functional models directly from any 3D CAD program using ABS plastic, polycarbonate, PPSF or other materials. The company holds 175 granted or pending prototyping patents. Stratasys systems are also used for rapid production and rapid tooling. On the Web: www.DimensionPrinting.com and www.Stratasys.com
All statements herein that are not historical facts or that include such words as "expects", "anticipates", "projects", "estimates" or "believes" or similar words are forward-looking statements that we deem to be covered by and to qualify for the safe harbor protection covered by the Private Securities Litigation Reform Act of 1995. Except for the historical information herein, the matters discussed in this news release are forward-looking statements that involve risks and uncertainties; these include the continued market acceptance and growth of our Dimension BST(TM), Dimension SST(TM), Prodigy Plus, FDM Maxum(TM), FDM Vantage(TM), and Titan(TM) product lines; the size of the 3D printing market; our ability to penetrate the 3D printing market; our ability to maintain the growth rates experienced in this and preceding quarters; our ability to introduce and market new materials such as polyphenylsulfone and the market acceptance of this and other materials; the impact of competitive products and pricing; the timely development and acceptance of new products and materials; our ability to effectively and profitably market and distribute the Eden line; and the other risks detailed from time to time in our SEC Reports, including the annual report on Form 10-K for the year ended December 31, 2004 and the quarterly reports on Form 10-Q filed throughout 2005.
FDM is a registered trademark of Stratasys, Inc.
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Stratasys, Inc., Minneapolis Investor & Editorial Contacts: Investor: Shane Glenn, 952-294-3416 Email Contact Editorial: Joe Hiemenz, 952-906-2726 Email Contact