ExOne Expands Materials Offerings at North Huntingdon Production Service Center
September 20 2017 - 6:30AM
Business Wire
- Introducing 17-4PH stainless steel,
for applications demanding high tensile strength and corrosion
resistance
- 17-4PH commonly desired for
aerospace, automotive, defense, and medical equipment
industries
The ExOne Company (NASDAQ:XONE) (“ExOne”), a global provider of
three-dimensional (“3D”) printing machines and 3D printed products
to industrial customers, announced today the availability of 17-4PH
stainless steel (also known as SAE Type 630 or UNS S17400) as a
printable material at its North Huntingdon production service
center (“PSC”). After printing, 17-4PH parts are heat treated
according to Condition H900 to increase hardness. 17-4PH is a
chromium-nickel-copper precipitation hardening stainless steel used
for applications requiring high strength and a moderate level of
corrosion resistance. Compared with other stainless steel alloys,
it is also preferred for its weldability.
Its properties are commonly desired for a wide range of
applications in a variety of industries including aerospace,
automotive, defense, and medical equipment. Manufacturers who
supply components using 17-4PH can now benefit from the advantages
of additive manufacturing using ExOne’s binder jetting technology.
Binder jetting creates complex parts using freedom of design that
cannot be produced using traditional manufacturing methods. The
availability of 17-4PH complements the PSC’s other currently
printable stainless steel alloys, which includes 420 stainless
steel infiltrated with bronze, 316 stainless steel infiltrated with
bronze, and 316 stainless steel highly sintered.
“We could not be more excited with the addition of 17-4PH to our
suite of materials offerings. Given its unique characteristics, the
availability of 17-4PH broadens our addressable market and
potential customer base,” Tim Pierce, VP of Metal Commercial
Products at ExOne, explains. “The applications are plentiful and we
are ready to service our customers’ needs, from prototypes to
serial production.”
ExOne will feature 17-4PH parts at the upcoming TCT Show being
held at the NEC in Birmingham, UK from September 26-28. The TCT
Show is expected to attract approximately 10,000 attendees
including manufacturers, designers, business leaders, early
adopters, innovators and investors from over 60 countries.
Customers can order parts today from the North Huntingdon PSC or
through ExOne’s website: www.exone.com.
About ExOne
ExOne is a global provider of 3D printing machines and 3D
printed and other products, materials and services to industrial
customers. ExOne's business primarily consists of manufacturing and
selling 3D printing machines and printing products to specification
for its customers using its installed base of 3D printing machines.
ExOne’s machines serve direct and indirect applications. Direct
printing produces a component; indirect printing makes a tool to
produce a component. ExOne offers pre-production collaboration and
print products for customers through its network of ExOne Adoption
Centers (EACs) and Production Service Centers (PSCs). ExOne also
supplies the associated materials, including consumables and
replacement parts, and other services, including training and
technical support that is necessary for purchasers of its 3D
printing machines to print products. The Company believes that its
ability to print in a variety of industrial materials, as well as
its industry-leading volumetric output (as measured by build box
size and printing speed) uniquely position ExOne to serve the needs
of industrial customers.
Safe Harbor Regarding Forward Looking Statements
This news release may contain forward-looking statements within
the meaning of the Private Securities Litigation Reform Act with
respect to ExOne’s future financial or business performance,
strategies, or expectations. Forward-looking statements typically
are identified by words or phrases such as “trend,” “potential,”
“opportunity,” “pipeline,” “believe,” “comfortable,” “expect,”
“anticipate,” “current,” “intention,” “estimate,” “position,”
“assume,” “outlook,” “continue,” “remain,” “maintain,” “sustain,”
“seek,” “achieve,” as well as similar expressions, or future or
conditional verbs such as “will,” “would,” “should,” “could” and
“may.”
ExOne cautions that forward-looking statements are subject to
numerous assumptions, risks and uncertainties, which change over
time. Forward-looking statements speak only as of the date they are
made and ExOne assumes no duty to and does not undertake to update
forward-looking statements. Actual results could differ materially
from those anticipated in forward-looking statements and future
results could differ materially from historical performance.
In addition to risk factors previously disclosed in ExOne’s
reports, the following factors, among others, could cause results
to differ materially from forward-looking statements or historical
performance: ExOne’s ability to enhance its current
three-dimensional (“3D”) printing machines and technology and
develop new 3D printing machines; its ability to qualify more
industrial materials in which it can print; timing and length of
sales of 3D printing machines; demand for ExOne products; ExOne’s
ability to achieve cost savings through consolidation or exiting of
certain North American operations; the impact of increases in
operating expenses and expenses relating to proposed investments
and alliances; the availability of skilled personnel; the impact of
market conditions and other factors on the carrying value of
long-lived assets; ExOne’s competitive environment and its
competitive position; ExOne’s ability to continue as a going
concern; individual customer contractual requirements; the impact
of customer specific terms in machine sale agreements on the period
in which ExOne recognizes revenue; the impact of loss of key
management; risks related to global operations including effects of
foreign currency and risks related to the situation in the Ukraine
and the United Kingdom’s referendum to withdraw from the European
Union; demand for aerospace, automotive, heavy equipment,
energy/oil/gas and other industrial products; ExOne’s plans
regarding increased international operations in additional
international locations; the scope, nature or impact of alliances
and strategic investments and ExOne’s ability to integrate
strategic investments; sufficiency of funds for required capital
expenditures, working capital, and debt service; the adequacy of
sources of liquidity; the effect of litigation, contingencies and
warranty claims; liabilities under laws and regulations protecting
the environment; the impact of governmental laws and regulations;
operating hazards, war, terrorism and cancellation or
unavailability of insurance coverage; the impact of disruption of
our manufacturing facilities, production service centers or ExOne
adoption centers; the adequacy of ExOne’s protection of its
intellectual property; expectations regarding demand for ExOne’s
industrial products, operating revenues, operating and maintenance
expenses, insurance expenses and deductibles, interest expenses,
debt levels, and other matters with regard to outlook; and material
weaknesses in the ExOne’s internal control over financial
reporting.
These and other important factors, including those discussed in
ExOne’s Annual Report on Form 10-K, may cause its actual results of
operations to differ materially from any future results of
operations expressed or implied by the forward-looking statements
contained herein. Before making a decision to purchase ExOne common
stock, you should carefully consider all of the factors identified
in its Annual Report on Form 10-K that could cause actual results
to differ from these forward-looking statements.
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version on businesswire.com: http://www.businesswire.com/news/home/20170920005234/en/
The ExOne CompanyBrandon Cary, 724-764-1332Manager Industrial
Salesbrandon.cary@exone.comorBrian Smith, 724-765-1350Chief
Financial Officerbrian.smith@exone.comorInvestor Relations:Kei Advisors LLCDeborah K.
Pawlowski / Karen L. Howard716-843-3908 /
716-843-3942dpawlowski@keiadvisors.com /
khoward@keiadvisors.com
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