Advanced Manufacturing Veteran Jeff Degrange To Join Stratasys

Manufacturing Technology Expert to Help Stratasys Develop and Capitalize on Direct Digital Manufacturing Opportunities



MINNEAPOLIS, Sept. 8 — (NASDAQ: SSYS)
Direct digital manufacturing and rapid prototyping system maker, Stratasys, announced today that Jeff DeGrange, a former Senior Technology Manager with The Boeing Company, will join Stratasys as Vice President, New Business Development in Direct Digital Manufacturing (DDM).

With more than 20 years experience in manufacturing technology, including leading an advanced manufacturing research and development program at Boeing, DeGrange will work to accelerate Stratasys’ development and marketing of DDM applications.

“We look forward to Jeff’s leadership in advancing Stratasys’ position in the fast-growing DDM market,” says Stratasys chief executive officer Scott Crump. “Our proprietary FDM technology platform offers the perfect foundation for expansion in the direct digital manufacturing arena. Jeff’s experience will be invaluable in accelerating our pace.”

DeGrange has also held positions at McDonnell Douglas Aircraft and Raytheon. He has been listed among the “Top 25 most influential people in the world in rapid product development and manufacturing” by Time Compression Technologies magazine, Europe. Jeff received this honor because he pioneered production flight applications for rapid manufacturing and additive fabrication tooling applications.
Jeff holds a B.S. degree in industrial engineering from the University of Iowa and an M.S. degree in manufacturing engineering from Washington University in St. Louis, Missouri.

Stratasys Inc., Minneapolis, manufactures additive fabrication machines for direct digital manufacturing (a.k.a rapid manufacturing), 3D printing, and rapid prototyping. It also offers part manufacturing services through its RedEye RPM business unit. According to Wohlers Report 2008, Stratasys supplied 44 percent of all additive fabrication systems installed worldwide in 2007, making it the unit market leader for the sixth consecutive year. Stratasys patented and owns the process known as fused deposition modeling (FDM®). The process creates functional prototypes and end-use parts directly from any 3D CAD program, using ABS plastic, polycarbonate, PPSF, and blends. The company holds more than 180 granted or pending additive fabrication patents globally. Stratasys products are used in the aerospace, defense, automotive, medical, education, electronic, and consumer product industries. On the Web: www.Stratasys.com


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Investor Contact:

Shane Glenn

(952) 294 – 3416

Shane.Glenn@stratasys.com

 

Editorial Contact:

Joe Hiemenz

(952) 906 – 2726

Joe.Hiemenz@stratasys.com

 

 

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FDM is a registered trademark, of Stratasys, Inc.

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