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Press release from Business Wire

DoD STARBASE Program Continues to Invest in Children with $1 Million Order for Stratasys 3D Printers

<p class='bwalignc'> <i>3D printers are intended to help generate interest in science, technology, engineering and math (STEM) careers for at-risk youth</i> </p>

Thursday, January 19, 2012

DoD STARBASE Program Continues to Invest in Children with $1 Million Order for Stratasys 3D Printers13:00 EST Thursday, January 19, 2012 MINNEAPOLIS (Business Wire) -- 3D printer maker Stratasys (NASDAQ: SSYS) announced today that the Department of Defense (DoD) STARBASE youth program has placed a $1 million order for Stratasys uPrint SE 3D printers. This latest equipment order brings the total to more than 100 Stratasys 3D printers used as classroom technology by DoD STARBASE in its nationwide program. The 3D printers help the program raise interest in science, technology, engineering and mathematics (STEM) careers for at-risk youth. Stratasys says one-half of the 3D printers have shipped to DoD STARBASE, and it expects the remainder to ship before the end of February. The Stratasys announcement comes less than two weeks after the Commerce Department issued a report calling for investment in STEM education. The report says investment in STEM is needed to help the U.S. regain its lead in innovation, which will help fuel economic growth. “Increasingly, the specific skills embodied in STEM education fuel the innovative processes that are especially valuable to our economy,” the report says. “Engineering is a vital part of our nation's hopeful future,” says DoD STARBASE RAC and Co-Founder Barbara Koscak. “We need to instill the concept of engineering early in a child's education.” Through the program, students in grades four through six participate in hands-on activities that emphasize teamwork to explore various STEM-based theories. For example, using PTC Creo computer-aided design software, students design model submarine, land rover, UAV, scalextric car and rocket components and use 3D printers to produce them for functional testing. “3D printing, also called rapid prototyping, has become a key component of many science and technology curricula across schools nationwide,” says Stratasys Education Manager Jesse Roitenberg. “Students apply the knowledge they learn in the classroom to real-life models. When they can actually see, hold and touch the results of their work, it's a very powerful lesson. Looking at the STARBASE curriculum, they're light years ahead.” For more information on Stratasys and 3D printers, visit www.stratasys.com. Stratasys Inc., Minneapolis, is a maker of additive-manufacturing machines for prototyping and producing plastic parts. The company markets under the brands uPrint and Dimension 3D Printers and Fortus Production 3D Printers. The company also operates RedEye On Demand, a digital-manufacturing service for prototypes and production parts. Stratasys manufactures 3D printers for Hewlett Packard, which it sells under the brand Designjet3D. In 2011 Stratasys acquired 3D printer maker Solidscape Inc. According to Wohlers Report 2011, Stratasys had a 41-percent market share in 2010, and has been the unit market leader for the ninth consecutive year. Stratasys patented and owns the Fused Deposition Modeling (FDM®) process. The process creates functional prototypes and manufactured goods directly from any 3D CAD program, using high-performance industrial thermoplastics. The company holds more than 285 granted or pending additive-manufacturing patents globally. Stratasys products are used in the aerospace, defense, automotive, medical, business and industrial equipment, education, architecture, and consumer-product industries. Online at: www.stratasys.com Stratasys, Dimension, and uPrint are registered trademarks of Stratasys Inc. Attention editors: If you wish to publish reader contact information, please use: info@dimensionprinting.com, 952-937-3000, 1-866-721-9244. Forward Looking Statements All statements herein that are not historical facts or that include such words as "expects," "anticipates," "projects," "estimates," "vision," "could," "potential," "planning", "intends", "desires", "assume" or "believes" or similar words constitute forward-looking statements covered by the safe harbor protection of the Private Securities Litigation Reform Act of 1995. Except for the historical information herein, the matters discussed in this news release are forward-looking statements that involve risks and uncertainties. These include statements regarding projected revenue and income in future quarters; the size of the 3D printing market; our objectives for the marketing and sale of our Dimension(R) and uPrint(R) 3D Printers; our support removal systems; and our Fortus(R) 3D Production Systems, particularly for use in direct digital manufacturing (DDM); the demand for our proprietary consumables; the expansion of our paid parts service; and our beliefs with respect to the growth in the demand for our products. Other risks and uncertainties that may affect our business include our ability to penetrate the 3D printing market; the success of our distribution agreement with HP; our ability to achieve the growth rates experienced in preceding quarters; our ability to introduce, produce and market consumable materials, and the market acceptance of these materials; the impact of competitive products and pricing; our timely development of new products and materials and market acceptance of those products and materials; the success of our recent R&D initiative to expand the DDM capabilities of our core FDM technology; and the success of our RedEyeOnDemandTM and other paid parts services. They also include statements about future financial and operating results of our company after the acquisition of Solidscape and anticipated benefits of the acquisition. Actual results may differ from those expressed or implied in our forward-looking statements. Such forward-looking statements involve and are subject to certain risks and uncertainties, which may cause our actual results to differ materially from those discussed in a forward-looking statement. Such risk factors include our ability to successfully integrate and market Solidscape products, our ability to retain management and our ability to protect and defend intellectual property. These statements represent beliefs and expectations only as of the date they were made. We may elect to update forward-looking statements, but we expressly disclaim any obligation to do so, even if our beliefs and expectations change. In addition to the statements described above, such forward-looking statements are subject to the risks and uncertainties described more fully in our current report on Form 8-K filed in connection with the completion of our acquisition of Solidscape and in our reports filed or to be filed with the Securities and Exchange Commission, including our annual reports on Form 10-K and quarterly reports on Form 10-Q. Stratasys Inc.Investor ContactShane Glenn, 952-294-3416shane.glenn@stratasys.comorEditorial ContactsJoe Hiemenz, 952-906-2726joe.hiemenz@stratasys.comorAaron Masterson, 952-346-6258AMasterson@WeberShandwick.com