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3D Systems Receives U.S. Air Force Rapid Innovation Fund Award

ROCK HILL, S.C., Oct. 23, 2012 (GLOBE NEWSWIRE) -- 3D Systems Corporation (NYSE:DDD) announced today that its Paramount advanced manufacturing team has received a $2.95M award to transition specially engineered materials and the company's Selective Laser Sintering technology to the production of various components in the F-35 and other weapons systems to improve affordability and sustainability. The 2 year project will reduce cost within the manufacturing process and leverage the freedom of design inherent in 3D printing to minimize waste and validate direct manufacturing's repeatability and accuracy of aerospace parts.

3D Systems' Paramount team offers world-class AS9100C and ISO9001:2008 certified rapid product development and manufacturing. Paramount was chosen on competitive merit by the U.S. Air Force Research Laboratory's scientific and technology experts after demonstrating the required technology and manufacturing readiness levels to transition into production.

"This contract represents our commitment to the research, development and commercialization of rapid manufacturing solutions for the aerospace and defense industries," said Jim Williams, Managing Director, Aerospace and Defense Manufacturing. "The success of this project will benefit all industries, particularly aerospace and motorsports applications, where high strength to weight, high temperature and electrically conductive thermoplastics are critical factors to the design and manufacturing process."

Learn more about 3D Systems additive manufacturing at www.paramountind.com .

About 3D Systems Corporation

3D Systems is a leading provider of 3D content-to-print solutions including 3D printers, print materials and on-demand custom parts services for professionals and consumers alike. The company also provides CAD software and plugins, and affordable consumer create-and-make printers, apps and services. Its expertly integrated solutions replace and complement traditional methods and reduce the time and cost of designing new products by printing real parts directly from digital input. These solutions are used to rapidly design, create, communicate, prototype or produce real parts, empowering customers to create and make with confidence.

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