Manufacturer of world's only True Colour, paper-based 3D printers adds two key new positions to propel continued extraordinary growth

DUNLEER, Ireland, Oct. 1, 2014 — (PRNewswire) — Mcor Technologies Ltd, manufacturer of the only line of desktop paper-based 3D printers today announced the appointment of Eoin Grindley as the company's Chief Financial Officer and the promotion of Bryan Ferrand to Vice President of Global Sales and Services. Fueled by staggering growth, both are new positions within the company. The announcement was made today at the TCT Show + Personalize in Birmingham, UK, Stand D18.

In his role as CFO, Eoin is charged with expanding Mcor's financial operations in order to lead the company through continued rapid growth. He joins Mcor with over 20 years of finance and management experience in the IT, Energy, Mining and Oil & Gas sectors and with public companies. He served as CFO of Falcon Oil & Gas Ltd, a Toronto Venture Exchange/London AIM listed company, and held senior management positions at Sandvik Mining, GE Energy, Flexicom and Berlitz. He is a Fellow of the Chartered Institute of Management Accountants (FCMA) and a Chartered Global Management Accountant (CGMA). He holds B.Sc (Mgmt) from Trinity College Dublin.

Previously Mcor's Director of Sales in EMEA and APAC, Bryan will lead global sales, service, supplies, spares and applications. Bryan has an impressive track record of achieving record growth figures for Mcor and previously Z Corporation and 3D Systems. Bryan also worked as Sales Director for EMCO, one of the largest educational resellers in the UK for the Z Corporation's colour range of 3D printers.

"We are seeing remarkable demand worldwide for our products and the addition of Eoin as CFO and appointment of Bryan as VP of Global Sales and Services will accelerate Mcor's growth as a dominant 3D printing company," said Dr. Conor MacCormack, co-founder and CEO of Mcor Technologies. "We are well-positioned to create a global 3D printing company with innovative new products on the horizon."

Banner Growth

• Sales of Mcor's low cost, environmentally friendly, paper-based 3D printers climbed 183% from 30 June 2013 to 1 July 2014.
• Mcor increased the number of employees by 83%, adding professionals with deep 3D printing expertise.
• Mcor's sales and distribution channel grew 81%, expanding market coverage and propelling sales across industry sectors and geographies worldwide.

Innovative New Technology

• Mcor Technologies enhances world's most advanced 3D printing colour capabilities, offering sharper colours, higher quality colour on thin walls and reduced ink consumption

Industry Recognition

• Winner of 2014 Global Green Award, 3D Printshow

About Mcor Technologies Ltd
Mcor Technologies Ltd is an innovative manufacturer of the world's most affordable, full-colour and eco-friendly 3D printers. They are the only 3D printers to use ordinary business-letter and A4 paper as the build material, a choice that renders durable, stable and tactile models. Established in 2004 with a talented team of specialists in the area of 3D printing, software and CAD/CAM, Mcor's vision is to make 3D printing more accessible to everyone. The company operates internationally from offices in Ireland, the UK and America. www.mcortechnologies.com.

SOURCE Mcor Technologies Ltd

Contact:

Mcor Technologies Ltd Deirdre MacCormack, Mcor Technologies Ltd, Tel: + 353 (0) 41 6862800 Email Contact Julie Reece, Mcor Technologies Ltd, Tel: + 1 781 718 0250 Email Contact Web: http://www.mcortechnologies.com