Stratasys is First Addititive Fabriciation Equipment Maker to Sell 10,000 Machines
NEW YORK (June 2, 2008): There was cause for celebration this afternoon when Stratasys Inc. was honored by the NASDAQ stock exchange as the company heralded the sale of its 10,000th additive fabrication machine.
The Eden Prairie, MN-based Stratasys, founded in 1989 and trading as SSYS, said that PSA Peugeot Citroen of Brazil purchased a high-precision FDM 400mc, making Stratasys the only one of 34 global additive fabrication equipment makers to reach 10,000 installations.
To mark the achievement, Scott Crump, Stratasys CEO and co-founder, rang the ceremonial closing bell at NASDAQ. (See photo.)
Its latest purchase brings the number of Stratasys additive fabrication machines now owned by PSA Peugeot Citroen to 14, including six Dimension 3D printers and eight high-precision FDM systems, Stratasys said in a news release.
The company's news release quoted industry consultant Terry Wohlers, president of Wohlers Associates Inc., saying: "No other company in the business has come close to selling similar volumes in recent years." Stratasys did not indicate whether Wohlers is a paid company consultant.
On the day, Stratasys shares fell 2.62% to close at $21.20 a share.
The Eden Prairie, MN-based Stratasys, founded in 1989 and trading as SSYS, said that PSA Peugeot Citroen of Brazil purchased a high-precision FDM 400mc, making Stratasys the only one of 34 global additive fabrication equipment makers to reach 10,000 installations.To mark the achievement, Scott Crump, Stratasys CEO and co-founder, rang the ceremonial closing bell at NASDAQ. (See photo.)
Its latest purchase brings the number of Stratasys additive fabrication machines now owned by PSA Peugeot Citroen to 14, including six Dimension 3D printers and eight high-precision FDM systems, Stratasys said in a news release.
The company's news release quoted industry consultant Terry Wohlers, president of Wohlers Associates Inc., saying: "No other company in the business has come close to selling similar volumes in recent years." Stratasys did not indicate whether Wohlers is a paid company consultant.
On the day, Stratasys shares fell 2.62% to close at $21.20 a share.
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The company's news release quoted industry consultant Terry Wohlers, president of Wohlers Associates Inc., saying: "No other company in the business has come close to selling similar volumes in recent years." Stratasys did not indicate whether Wohlers is a paid company consultant.
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