3D Systems and University of Texas at Austin File Action Against EOS GmbH
[ Back ]   [ More News ]   [ Home ]
3D Systems and University of Texas at Austin File Action Against EOS GmbH

VALENCIA, Calif.--(BUSINESS WIRE)--March 3, 2003--3D Systems Corp. (Nasdaq: 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 applications.

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
             Self & Associates
             Trudy Self, 909/336-5685
Email Contact