PRODWAYS: Several significant successes for Prodways Group industrial 3D printers

Prodways Group announces today the first sale of its new ProMaker LD-20 printer to a new dental client. Presented for the first time a few weeks ago at the Formnext trade show, it is equipped with a double projector. This new machine has the fastest output of the range, printing up to 50 dental arches in less than one hour. At the same time, this foreign customer also purchased another ProMaker LD-10 machine. This demonstrates a new typology of customers, who are equipping themselves directly with several machines for volume production.

This quarter, Prodways Group also recorded two new sales of the MOVINGLight® V10 ceramic 3D printer launched in August 2018. These new sales make a total of four MOVINGLight® V10 machines sold since their unveiling at the International Additive Material Exhibition in China. All these sales were made in China, which is the largest ceramics market. These machines will mainly be used for R&D applications on new industrial manufacturing processes.

Lastly, Prodways Group has recorded one of its largest orders with the simultaneous sale of three ProMaker L5000 machines. This aeronautics customer is already equipped with two machines. Its large bank of machines is used in the development of an industrial process that could be rolled out on a larger scale.

All these machines have been sold for export. With the exception of the ceramic machines used by research institutes, these sales combined will generate close to 300,000 euros per year in recurring income from the use of these machines and their consumption of materials.

About Prodways Group

PRODWAYS GROUP is a specialist in industrial and professional 3D printing with a unique positioning as an integrated European player. The group has developed right across the 3D printing value chain (software, machines, materials, parts & services) with a high value added technological industrial solution. PRODWAYS GROUP offers a wide range of 3D printing systems and premium composite, hybrid and powder materials (SYSTEMS division). The company also manufactures and markets parts on demand, prototypes and small production run 3D printed items in plastic and metal (PRODUCTS division). The Group targets a significant number of sectors, from aeronautics to healthcare.

In 2017, the company generated revenue of €34.8 million, including close to 40% outside of France. Building on revolutionary and proprietary technology, MOVINGLight®, PRODWAYS GROUP today has global visibility in the industrial 3D printing sector and with leading customers.

PRODWAYS GROUP is a Groupe Gorgé company.

For further information: www.prodways-group.com

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Contacts

INVESTOR CONTACTS

Prodways Group - Raphaël Gorgé

Executive Chairman

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Actus Finance - Natacha Morandi

Investor relations

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PRESS CONTACTS

Actus Finance - Jean-Michel Marmillon

Press Relations

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Disclaimer

Releases from the Prodways Group may contain forward-looking declarations with statements of objectives. These forward-looking statements reflect the current expectations of the Prodways Group. Their realization, however, depends on known or unknown risks, uncertainties and other factors that may cause actual results, performance or events to differ significantly from those previously anticipated. The risks and uncertainties that might affect the Group's future ability to achieve its targets are reiterated and presented in detail in our Basis Document available on the Prodways Group's website (www.prodways-group.com). This list of risks, uncertainties and other factors is not exhaustive. Other unanticipated, unknown or unpredictable factors may also have significant negative effects on the achievement of our objectives.

The current release and the information contained therein do not constitute an offer to sell or to subscribe, nor a solicitation for an order to purchase or subscribe to shares in Prodways Group or in any subsidiaries thereof listed in whatsoever country.

------------------------Full and original release in PDF format:
https://www.actusnews.com/documents_communiques/ACTUS-0-56159-prodways-group_several-significant-successes-for-prodways-group-industrial-3d-printers-03122018.pdf
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