Dimension 3D Printer Grants provide over 40 schools advanced 3D printing systems to encourage student interest in design and engineering careers
MINNEAPOLIS--(BUSINESS WIRE)--Sept. 18, 2008--The Dimension 3D Printing Group, a business unit of Stratasys, Inc. (Nasdaq: SSYS), announced today it has given over $400,000 to schools across the nation to underwrite the purchase of 3D printing systems for the 2008-09 school year. More than 40 schools received the $10,000 grants. For a complete list of schools, visit www.dimensionprinting.com.
Dimension 3D Printer Grants are a collaborative effort with Project Lead the Way® (PLTW), a not-for-profit organization that promotes pre-engineering courses and technologies for middle and high school students across the U.S.
State PLTW leaders nominated up to two schools in their states who best met the following criteria:
-- The school's PLTW program excelled and the addition of 3D printing technology would convey great benefit to its curriculum. -- The school could not afford the 3D printing system without the grant. -- The school demonstrated it had the funds (including the grant) to purchase the Dimension 3D printing system by August 29, 2008.
Now in its third year of partnership with PLTW, Dimension continues to help high schools, technical colleges and universities extend their science, computer-aided-design (CAD) and machine tool curriculums by enabling students to build functional 3D models. Dimension 3D Printers provide an affordable, easy to use, one-step process for students and instructors to explore concepts in durable ABS plastic.
"These generous Dimension grants are a giant leap forward in advancing PLTW's mission of encouraging the pursuit of design and engineering careers by providing students in more than 40 states an essential design education technology," said Tom White, director of technology for PLTW. "This significant gift and our continued partnership with Dimension have played an important role in preparing future engineers and designers for successful careers in design related fields."
PLTW forms partnerships with public schools, higher education institutions and the private sector to increase the quantity and quality of engineers and engineering technologists graduating from educational systems across the United States. Today, the programs are offered in more than 3000 schools in 50 states and the District of Columbia. For more information, visit www.pltw.org.
"We are grateful to be able to partner with PLTW as a key technology supplier," said Jon Cobb, vice president and general manager of 3D printing for Stratasys. "The more students we can expose to exciting technologies like 3D printing in the classroom, the more interest we can generate in the pursuit of design and engineering careers."
About The Dimension 3D Printing Group
The Dimension 3D Printing Group is a business unit of Stratasys, Inc., based in Minneapolis, Minn. Dimension 3D printers - which include the Elite, the Dimension 1200es Series and the Dimension 768 Series - are networked, desktop modeling systems that provide CAD (Computer-Aided-Design) users a fast, office-friendly, low-cost alternative for building functional 3D prints. Dimension 3D printers build accurate models layer by layer using durable ABS plastic, allowing users to not only evaluate design concepts, but test 3D prints for functionality, form and fit. With the first large format desktop 3D printer that sells for less than $30,000, Dimension incorporates many key features found in modeling systems that cost tens of thousands of dollars more.
Stratasys Inc., Minneapolis, manufactures office-based rapid prototyping and direct digital manufacturing systems, 3D printers and offers rapid prototyping and manufacturing parts services. According to Wohlers Report 2008, Stratasys supplied 44 percent of all systems installed worldwide in 2007, making it the unit market leader, for the sixth consecutive year. Stratasys developed the rapid prototyping process known as fused deposition modeling (FDM). The process creates functional models and end-use parts directly from any 3D CAD program using ABS plastic, polycarbonate, PPSF, and blends. The company holds over 180 granted or pending rapid prototyping patents globally. Stratasys products are used in the aerospace, defense, automotive, medical, education, electronic, architecture and consumer product industries. The company's systems are also used for direct digital manufacturing (DDM) and rapid tooling applications. For more information on the company, go to www.Stratasys.com; www.DimensionPrinting.com; or www.RedEyeRPM.com.
Investor Relations contact:
Shane Glenn, 952-294-3416
Director of Investor Relations
Haberman & Associates
Brian Wachtler or Alex Seitz, 612-338-3900
SOURCE: Stratasys, Inc.