Today, 3D Systems (NYSE:DDD) and SWANY Co., Ltd. announced a
collaboration intended to promote the adoption of large-format
pellet extrusion 3D printing in Japan. Through this collaboration,
SWANY is opening a new demo center that will include a 3D Systems
EXT 1070 Titan Pellet printer (formerly Titan Atlas 2.5 HS) — the
first of its kind in Japan. With this printer, 3D Systems and SWANY
will showcase its capabilities to enable efficient additive and
subtractive production of large-format parts. From this location,
SWANY will also provide 3D printing services including design
support to the Asia-Pacific region to facilitate prototyping and
production for a variety of applications. Combining the companies’
application and technology expertise, 3D Systems and SWANY will
also jointly develop new printing parameters to enable the use of
additional mass production and recycled pellet materials to more
sustainably address a broader range of applications with UCWS;
Upcycling Workspace™ which recently released a framework to enable
sustainable manufacturing in collaboration with the local social
welfare council and companies.
SWANY chose to collaborate with 3D Systems for this venture
based on the additive manufacturing solutions provider’s reputation
as a technology pioneer. 3D Systems’ EXT Titan Pellet printers lead
the pellet-based polymer extrusion 3D printing technology market.
The global install base includes companies in a breadth of
industries including automotive, aerospace, foundries, consumer
products, and general manufacturing. By using pelletized feedstock,
3D Systems’ EXT Titan Pellet printers offer up to a 10x reduction
in material cost and a wider range of functional materials than
traditional filament-based 3D printers. The cost savings and high
print speeds facilitated by these printers make them well-suited to
large-scale part production.
Additionally, EXT Titan Pellet printers offer unique tool head
options. Apart from the ability to mount dual-pellet extruders, and
even filament extruders, 3D Systems’ customers who employ its EXT
Titan Pellet printers can also opt to include a CNC milling spindle
tool head. This 3-axis spindle enables high-precision surface
finishing during and after printing for applications where surface
finish and dimensional accuracy are paramount. The EXT Titan 1070
pellet printer SWANY purchased for its demo center includes both
additive and subtractive tool heads — one pellet extruder and one
milling spindle. The combination of these capabilities in one
printer will enable SWANY to efficiently produce large-scale parts
(e.g., large-scale patterns, molds, production batch runs,
functional prototypes) for its customers with manufacturing-level
accuracy, surface quality, and repeatability.
“In the production of large plastic parts for our customers, we
continually found ourselves challenged to produce molds with
dramatic speed and in a cost-efficient way,” said Yoshihiro
Hashizume, president and CEO, SWANY. “As a result, we often
couldn’t meet these requests and turned away business. We believe
that 3D Systems’ EXT 1070 Titan Pellet printer is the only tool
that can overcome this challenge. Through our collaboration with 3D
Systems at our new Demo Center, we are confident that the EXT Titan
Pellet printers will facilitate a major change in Japan’s domestic
manufacturing environment for mass production.”
Dennis Jung, VP, APAC sales, 3D Systems, added, “We’ve seen a
dramatic rise in interest for our EXT Titan Pellet printers from
many industries and geographies. There is an increased desire
amongst manufacturers to adopt more sustainable business practices,
and additive manufacturing can play a strong role in these efforts.
Our extrusion technology enables manufacturers to quickly produce
tooling, patterns, and end-use parts from low-cost thermoplastic
pellet feedstocks. SWANY’s engineers have extensive knowledge and
experience in additive manufacturing and manufacturing know-how,
pellet feedstocks, and milling as demonstrated by their “Digital
Mold®” 3D printed injection molding application. The combination of
Digital Mold with the EXT Titan Pellet capabilities showcases why
our first machine in Japan will be installed at SWANY. I’m pleased
that SWANY is adopting this technology and look forward to seeing
the unique applications our collaboration with them will
uncover.”
The opening of the new Demo Center which will be located at 7361
Tomigata, Ina City, Nagano Prefecture is planned for October 2023.
Manufacturers who are interested in learning more about how the EXT
Titan Pellet printers can positively impact their business are
encouraged to contact SWANY via email: 3dp@swany-ina.com.
Additionally, anyone planning to attend Additive Manufacturing Expo
| Manufacturing World Japan, June 21-23, 2023 at Tokyo Big Sight is
invited to stop by the 3D Systems booth (#7-1) to speak with an
expert.
Forward-Looking StatementsCertain statements
made in this release that are not statements of historical or
current facts are forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995.
Forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of the company to be materially
different from historical results or from any future results or
projections expressed or implied by such forward-looking
statements. In many cases, forward-looking statements can be
identified by terms such as "believes," "belief," "expects," "may,"
"will," "estimates," "intends," "anticipates" or "plans" or the
negative of these terms or other comparable terminology.
Forward-looking statements are based upon management’s beliefs,
assumptions, and current expectations and may include comments as
to the company’s beliefs and expectations as to future events and
trends affecting its business and are necessarily subject to
uncertainties, many of which are outside the control of the
company. The factors described under the headings "Forward-Looking
Statements" and "Risk Factors" in the company’s periodic filings
with the Securities and Exchange Commission, as well as other
factors, could cause actual results to differ materially from those
reflected or predicted in forward-looking statements. Although
management believes that the expectations reflected in the
forward-looking statements are reasonable, forward-looking
statements are not, and should not be relied upon as a guarantee of
future performance or results, nor will they necessarily prove to
be accurate indications of the times at which such performance or
results will be achieved. The forward-looking statements included
are made only as of the date of the statement. 3D Systems
undertakes no obligation to update or review any forward-looking
statements made by management or on its behalf, whether as a result
of future developments, subsequent events or circumstances or
otherwise.
About 3D Systems More than 35 years ago, 3D
Systems brought the innovation of 3D printing to the manufacturing
industry. Today, as the leading additive manufacturing solutions
partner, we bring innovation, performance, and reliability to every
interaction - empowering our customers to create products and
business models never before possible. Thanks to our unique
offering of hardware, software, materials, and services, each
application-specific solution is powered by the expertise of our
application engineers who collaborate with customers to transform
how they deliver their products and services. 3D Systems’ solutions
address a variety of advanced applications in healthcare and
industrial markets such as medical and dental, aerospace &
defense, automotive, and durable goods. More information on the
company is available at www.3dsystems.com.
About SWANY Co., Ltd.SWANY was established in
1970. Over many years, starting from 3DCAD including the 3D printed
resin mold "Digital Mold®", SWANY has cultivated a wealth of
technology that utilizes knowledge based on production technology
and the latest digital tools, including 3D printers. As a product
design company, SWANY is actively working on DfAM (Design for
Additive Manufacturing) as well as handling mass-produced materials
in injection molding and machining know-how. SWANY "Digital Mold®"
was awarded the Nikkei Superior Product Service Award – Grand Prize
in 2016. For more information please visit
https://www.swany-ina.com.
3D Systems Corporation333 Three D Systems CircleRock Hill, SC
29730www.3dsystems.comNYSE:DDD
Investor Contact: investor.relations@3dsystems.comMedia Contact:
press@3dsystems.com
SWANY Co., Ltd.7361, TomigataIna City, Nagano Prefecture,
Japanwww.swany-ina.com
Media Contact: 3dp@swany-ina.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/8fa05e7d-be9e-4836-8db3-a5d3408e284c
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