MakerBot Overview
MakerBot is the leader in desktop 3D printing. Use of desktop 3D printers that provide affordable 3D printing access to individuals is growing rapidly. The merger will allow Stratasys to offer more accessible desktop 3D printers to meet customer demand and accelerate that growth.
MakerBot reports that during the first quarter of 2013, the company generated $11.5 million in total revenue, compared to $15.7 million for all of 2012. Thingiverse.com, MakerBot’s online content portal for the sharing of user-generated digital design content, has more than 90,000 3D product files available for sharing, and generates more than 500,000 unique visitors and 1,000,000 downloads each month. The accessibility and ease-of-use of this 3D printing content helps promote system usage.
A majority of MakerBot’s sales are via direct-to-consumer channels on the company’s website. MakerBot also sells through distributors outside the U.S. and has the MakerBot store, the first-ever 3D printing retail store, which serves as both a desktop 3D printing demonstration site and brick-and-mortar sales location in New York City.
Desktop 3D Printing Overview
Desktop 3D printer usage among design and engineering professionals is growing rapidly. Stratasys and MakerBot estimate that between 35,000 to 40,000 desktop 3D printers were sold in 2012. This number is estimated to double in 2013, as prosumers increasingly adopt desktop 3D printers for a broad range of applications. Stratasys believes that the unique MakerBot user experience along with the affordability and accessibility of their products, materials and services will help to grow the rate of adoption for desktop 3D printers.
Investor Conference Call and Webcast
A conference call to discuss the transaction is scheduled for Thursday, June 20, 2013 at 6:00 a.m. Central Time / 7:00 a.m. Eastern Time / 2:00 p.m. Israel Time. To participate by phone, the U.S. dial-in number is 800-706-7745, and the international dial-in number is +1-617-614-3472. Please reference conference ID# 14893429. Participants are advised to dial into the call at least 10 minutes prior to the call start time to register. The conference call will also be available via live webcast on the Stratasys and MakerBot websites at Stratasys.com under the “Investors” tab, and at Makerbot.com; or by accessing the following link: http://www.media-server.com/m/p/86agynec. A presentation will accompany the conference call.
A replay of this conference call may be accessed by webcast or by telephone. To access the replay, please dial 888-286-8010 (U.S.) or +1-617-801-6888 (international) and reference conference ID# 88612957. The replay and archived webcast will be available through 11:59 p.m. ET on June 26, 2013.
Press Conference
Stratasys and MakerBot will host a News Conference at MakerBot’s headquarters located at One MetroTech Center (Jay Street) 21st Floor, Brooklyn, New York on Thursday, June 20, 2013 at 10:00 a.m. Eastern Time. To attend, please contact Jenifer Howard at Email Contact. The event can be accessed live at http://www.makerbot.com; and an archive will be made available at http://mbot.co/press062013.
About Stratasys
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. We manufacture 3D printers and materials for prototyping and production. Our 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, a range of systems for prototyping, and large production systems for direct digital manufacturing. Since June 2012, our range of over 130 3D printing materials is the widest in the industry and includes in excess of 120 proprietary inkjet-based photopolymer materials and 10 proprietary FDM-based thermoplastic materials. We also manufacture Solidscape 3D Printers and operate the RedEye On Demand digital-manufacturing service. Stratasys has more than 1100 employees, holds more than 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.
About MakerBot
Founded in 2009, Brooklyn-based
MakerBot
has grown to be a leader in desktop 3D printing. MakerBot Desktop 3D
Printers are used by engineers, designers, researchers, and people who
just like to make things. The MakerBot Replicator Desktop 3D Printer has
been named Popular Mechanics’ “Overall Winner” for best 3D
printer and has won numerous awards, including being honored as one of Time
Magazine’s Best Inventions of 2012; “Best Emerging Tech” at the 2012
Consumer Electronics Show; Popular Mechanics’ Editor’s Choice
Award; the Popular Science Product of the Year; a TechCrunch
Crunchies Award for best hardware start-up; and a Fast Company
2012 Innovation by Design Award. MakerBot was named by Fast Company
as “One of the World’s Top 10 Most Innovative Companies in Consumer
Electronics” and highlighted in Entrepreneur magazine’s “100
Brilliant Companies.” The company has been featured on the cover of WIRED,
The New York Times, The Wall Street Journal, The Economist, Inc., Worth,
The Colbert Report, Fast Company , Engadget, Make: Magazine,
Rolling Stone, Time.com, Entrepreneur, CNN , Financial Times, National
Public Radio , Vogue Italia and many others. Follow MakerBot at
MakerBot.com.
