Stratasys is a Sponsor of Amputee Long Drive Championship in Mesquite, Nevada

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Partnership with Oak Ridge National Laboratory provides opportunity for prosthetics innovation in the field of adaptive sports

MINNEAPOLIS & REHOVOT, Israel--(BUSINESS WIRE)-- Stratasys Ltd. (NASDAQ:SSYS), a manufacturer of 3D printers and production systems for personal use, prototyping and production, announced that it sponsored today’s Amputee Long Drive Championship (ALDC) at the Mesquite Sports & Event Complex in Mesquite, Nevada. The ALDC brings together disabled golfers from the U.S. and Canada to compete for the chance to become the longest driver in amputee golf.

ALDC founder, Dean Jarvis (Photo: Business Wire)

ALDC founder, Dean Jarvis (Photo: Business Wire)

Stratasys is partnering with Oak Ridge National Laboratory (ORNL), to aids its efforts to develop lightweight, high-performance prosthetics. ORNL’s goal is to help advances in prosthetics reach the market quickly and affordably. Fused Deposition Modeling (FDM) plays an important role in ORNL’s prosthetics program.

“Our partnership has allowed ORNL to customize prosthetics to fit the needs of amputees by reimagining ways to advance these products,” said Jeff DeGrange, vice president direct digital manufacturing at Stratasys.

When golf was added to the upcoming 2016 Olympics but denied from the Paralympics, ALDC founder Dean Jarvis became determined to build an event that allowed disabled golfers to demonstrate their abilities and compete in a nationally-recognized tournament. Today, the ALDC is considered one of the most high-profile disabled golf events in the nation and according to Jarvis, provides a solution to the barriers that have prevented golf’s inclusion in the Paralympics.

“If necessity is the mother of invention, then frustration might be the father,” said Jarvis, an above-the-knee amputee, as he spoke about the challenges he’s overcome. “I think Stratasys is a perfect match for the ALDC because their enabling technology embodies this mentality and presents new possibilities for me and my peers.”

The connection between Stratasys and the ALDC was sparked when DeGrange met with Jarvis and White House Science Fair winner, Easton LaChappelle, a high school student who created a mind-controlled prosthetic arm using two 3D printers in his bedroom. Dr. Lonnie Love, senior robotics research scientist at ORNL, made the introduction after hearing about Easton’s presentation during the inaugural ALDC at the Tennessee National Golf Club in July, 2013.

Additional information about the Amputee Long Drive Championship (ALDC) can be found at www.amputeelongdrivechampionship.com. Additional information about Stratasys is available at www.stratasys.com.

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® processes 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 On Demand digital-manufacturing service. Stratasys has more than 1500 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 or http://blog.stratasys.com

Stratasys, Objet, PolyJet and FDM, are trademarks or registered trademarks of Stratasys Ltd. or its affiliates or subsidiaries. Other trademarks are the property of their respective owners.

Cautionary Statement Regarding Forward-Looking Statements

Statements regarding Stratasys’ beliefs, intentions and expectations, including without limitation statements regarding the development and performance of our products, are forward-looking statements (within the meaning of the United States federal securities laws). The statements involve risks and uncertainties, both known and unknown, that may cause actual results to differ materially from those projected. Actual results may differ materially due to a number of factors, including the risk and uncertainty that the businesses of the two companies may not be integrated successfully; the risk that the merger may involve unexpected costs or unexpected liabilities; the risk that synergies from the merger may not be fully realized or may take longer to realize than expected; the risk that management’s focus on and disruptions arising from the merger make it more difficult to maintain relationships with customers, employees, or suppliers. Stratasys’ ability to achieve the results presented in any forward-looking statement will depend on numerous factors, including its ability to penetrate the 3D printing market; its ability to achieve the growth rates experienced in preceding quarters; its ability to introduce, produce and market both existing and new consumable materials, and the market acceptance of these materials; the impact of competitive products and pricing; its timely development of new products and materials and market acceptance of those products and materials; the success of Stratasys’ recent R&D initiative to expand the DDM capabilities of its core FDM technology; and the success of Stratasys’ RedEye On DemandTM and other paid parts services. This list is intended to identify only certain of the principal factors that could cause actual results to differ. These and other applicable factors are discussed in this presentation and in Stratasys’ Annual Report on Form 20-F for the year ended December 31, 2012, as well as other filings that Stratasys, Inc. has made with the SEC and that Stratasys Ltd. has made and will make with the SEC in the future. Any forward-looking statements included in this presentation are as of the date they are given, and Stratasys is not obligated to update them if its views later change, or to reflect the occurrence of unanticipated events, except as may be required by law. These forward-looking statements should not be relied upon as representing Stratasys’ views as of any date subsequent to the date they are given.

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Source: Stratasys Ltd.

Released October 29, 2013