Stratasys Acts to Protect Its Intellectual Property
3D printer maker names Afinia as defendant in patent infringement
Stratasys Inc., the North American-based subsidiary of Stratasys Ltd.
(Nasdaq:SSYS) announced today that it has brought suit for patent
infringement against Afinia, a division of Microboards Technology LLC,
in the United States District Court for the District of Minnesota.
Stratasys is seeking injunctive relief and damages for infringement of
four of its 3D printing patents.
The complaint alleges that Afinia's sale, promotion and use of its
Series H printer infringes patents directed to part porosity, liquefier
structure, temperature control, and tool paths for constructing part
perimeters. The most recent Stratasys patent that Afinia is alleged to
infringe was issued in January 2013.
"IP infringement discourages companies from investing in innovation,"
said David Reis, Stratasys Ltd. CEO. "Stratasys pioneered 3D printing,
and invests millions of dollars each year to develop our technologies.
In 2012 alone, Stratasys Ltd invested $33.3 million or 9.3 percent of
its revenues in R&D. We intend to protect that investment."
Stratasys Inc.'s co-founder, chairman and chief innovation officer,
Scott Crump, invented Fused Deposition Modeling, a technology that
prints three dimensional objects from computer models by building them
up in layers. This is the first time that Stratasys has commenced an
action for infringement of its patents.
Stratasys, Inc. is the North American subsidiary of Stratasys
Ltd. based in Minneapolis, Minnesota. Stratasys Inc. manufactures
several lines of 3D printing systems using its proprietary FDM®
technology. The company also manufacturers thermoplastic FDM®
Stratasys Ltd. (Nasdaq: SSYS), headquartered in Minneapolis,
Minn. and Rehovot, Israel, manufactures 3D printers and materials for
prototyping and production. The company's patented FDM® and
PolyJet® technologies produce prototypes and manufactured
goods directly from 3D CAD files or other 3D content. Systems include 3D
printers for idea development, prototyping and direct digital
manufacturing. Stratasys subsidiaries include MakerBot and Solidscape,
and the company operates the RedEye digital-manufacturing service.
Stratasys has more than 1600 employees, holds over 500 granted or
pending additive manufacturing patents globally, and has received more
than 20 awards for its technology and leadership. Online at: www.stratasys.com
Stratasys, FDM, PolyJet, Solidscape, and RedEye are trademarks or
registered trademarks of Stratasys Ltd. and/or its affiliates.
Investor Contact :
Glenn, + 1-952-294-3416 (US)
Aaron Masterson, +1-952-346-6258 (US)
Hiemenz, +1-952-906-2726 (US)
Mattsoff, + 972 - (0)74-745-4000 (IL)
Source: Stratasys Inc.
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