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HomeNews & EventsPress ReleasesDec 3, 2012 - Stratasys and Objet Complete Merger
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DASI Solutions named Value Added Reseller for Stratasys Ltd as result of merger between Objet and Stratasys

December 3, 2012 - Stratasys, Inc. and Objet Ltd. today announced the completion of their merger, forming a leader in 3D printing and direct digital manufacturing as Stratasys Ltd. The combined company will allow DASI Solutions to expand the product offering as a Value Added Reseller providing additive manufacturing technologies to emerging sector businesses within the Great Lakes Region.

Stratasys boasts an impressive portfolio of 3D printing and direct digital manufacturing solutions, with systems that produce parts with a wide range of capabilities and materials” said David Darbyshire, Co-Owner of DASI Solutions. The combined company will offer three leading technologies: FDM® for functional prototypes and production parts; inkjet-based PolyJet® for prototyping parts with high feature detail and fine surface finish; and Solidscape® Drop-on-Demand (“DoD”) thermoplastic ink-jetting technology for complex wax patterns for investment casting of finished parts. With more than 260 channel partners around the world, including DASI Solutions, Stratasys can leverage the extensive geographic reach of its marketing and sales organization to serve customers and grow awareness of 3D printing for rapid prototyping and production. In addition, Stratasys will have a world-class R&D team focused on developing new consumables and systems.

David Reis, chief executive officer of Stratasys, stated, “We are excited to move forward as one company and deliver the benefits this combination creates for our shareholders, our customers and our employees. Stratasys is now uniquely positioned to offer a comprehensive portfolio of innovative products and technologies, and we have the scale, team and financial strength to achieve our goals. I look forward to working closely with the board of directors, our senior management team and all of our employees to ensure a seamless transition as we continue to deliver advanced solutions to our customers worldwide.”

“We are pleased to announce the successful completion of this merger,” said Scott Crump, full-time executive chairman of Stratasys. “With our breadth of products, commitment to innovation, and outstanding, service-focused team, we will be well positioned to address customer needs across the entire 3D design and manufacturing spectrum. The combined company has a deep well of talent and a strong board and management team to lead us successfully as we continue to pave a new way forward for the 3D printing industry.”

Stratasys management will immediately begin the process of fully integrating the two companies, and the company has formed an executive committee comprised of four members of the board of directors to oversee the integration process. In the near term, customers can expect to work with each company as they always have, and in the coming months, will have the ability to purchase both Stratasys and Objet products from one channel partner point of contact which will include DASI Solutions in the Great Lakes Region. Learn more at www.StratasysForA3DWorld.com or visit www.dasi-solutions.com.

About Stratasys Ltd.
Stratasys Ltd. (Nasdaq: SSYS) is the corporate entity formed in 2012 by the merger of 3D printing companies Stratasys, Inc. and Objet Ltd., based in Minneapolis, Minn. and Rehovot, Israel. The company manufactures 3D printers and materials for prototyping and production. Prior to merging, the two companies’ revenues totaled $277 million for 2011. Its patented FDM® and inkjet-based PolyJet® processes produce prototypes or manufactured goods directly from 3D CAD files or other 3D content. Systems include affordable desktop 3D printers for idea development, a range of systems for prototyping, and large production systems for direct digital manufacturing. The company’s range of more than 120 3D printing materials is believed to be the widest in the industry and includes over 100 proprietary inkjet-based photopolymer materials and 10 proprietary FDM-based thermoplastic materials. Stratasys also manufacturers Solidscape 3D Printers and operates the RedEye On Demand digital-manufacturing service. The company has over 1,000 employees, holds over 500 granted or pending additive manufacturing patents globally, and has received 19 awards for its technology and leadership. Online at: www.stratasys.com or http://blog.stratasys.com / www.objet.com or http://blog.objet.com

About DASI Solutions LLC
Founded in 1995, DASI Solutions assists Emerging Sector companies in the implementation of CAD, CAE, and PDM collaborative technologies used in the product development process by the Designing Engineer. DASI Solutions offers a host of Solution Partner software products that are tightly integrated with Dassault Systemes SolidWorks, ePDM, 3D Via & Simulation along with DraftSight. DASI Studios is a Stratasys Ltd. agent for the Objet DeskTop, Eden and Connex line of 3D Printers used for rapid product development and additive manufacturing. The company has authorized sales, training, and technical support facilities located throughout the Great Lakes Region with company headquarters located at 675 Orchard Lake Road, Pontiac MI 48341. DASI Studios new office located at 31 Oakland Avenue, Pontiac MI 48342 features the Objet Connex and DeskTop 3D Printing technologies.

Please visit http://www.dasi-solutions.com or call David Darbyshire at 888-327-2974 x203 for more information.