HPQ HP Inc

Expanding on its 3D printing industry leadership and momentum, HP Inc. announced the commercial availability of its award-winning Multi Jet Fusion 3D Printing solution in India. HP also continued the growth of its partner community with the addition of Imaginarium and Andriotec as resellers of its 3D printing solution in the country. HP’s Jet Fusion 3D Printing solution is a production-ready commercial 3D printing system that delivers superior-quality1physical parts up to 10 times faster2 and at half the cost3 of current 3D printing systems. “As we continue the journey to the fourth industrial revolution, the digital transformation of manufacturing will benefit our global society and accelerate economic opportunities around the world,” said Stephen Nigro, president of 3D printing, HP Inc. “Breakthrough technologies like HP’s Multi Jet Fusion 3D printing solutions are a catalyst for this reinvention of the $12 trillion global manufacturing sector. We are proud to help India’s manufacturing community drive toward tangible and participatory innovation, smart economic growth, and a sustainable future.” “3D printing will contribute to democratizing manufacturing and disrupting the entire industry, including the $6 trillion Asia-Pacific and Japan manufacturing segment,” said Sumeer Chandra, Managing Director, HP Inc. India. “India is a strategic hub for this significant shift and we are excited to bring the cutting-edge Multi Jet Fusion technology to customers large and small across a variety of vertical markets.” HP’s growing partner ecosystem enables businesses to develop game-changing solutions to reinvent how they design and manufacture. As certified HP 3D printing resellers, new partners Imaginarium and Andriotec will bring best-in-class expertise and knowledge of HP’s Multi Jet Fusion technology to customers deploying the solutions, as well as value added services such as the enablement of new applications and industry-leading response time and service quality.

“Propelled by Government’s initiatives like Make in India and Digital India, the Indian economy is at the cusp of a major transformation as it seeks to become a global manufacturing center,” said Chandra. “HP has been committed to creating technology that advances lives and businesses across India. With HP’s Jet Fusion 3D printing solution, we will be able to help drive India’s transformation and enable local businesses to accelerate their adoption of Industry 4.0 technologies and overall digital transformation.” he added.  

Building on its leadership and success, HP is quickly ramping the delivery of its HP Jet Fusion 3D Printing Solutions for customers. HP 3D printing solutions are available in Asia-Pacific, EMEA, and the Americas, with more than 90 channel partners engaging with customers and more than 25 experience centers showing Multi Jet Fusion in action. In addition, HP is driving expansion of 3D printing materials and helping lower costs with its unique Open Platform for materials development.  HP’s Open Materials Platform is growing quickly, with more than 50 companies actively engaged, including Arkema, BASF, Dow Chemical, Dressler, DSM, Evonik, Henkel, Lehmann & Voss, Lubrizol and Sinopec Yanshan Petrochemical Company. 

For more information or to schedule a visit to an HP 3D Printing Reference and Experience Center please contact www.hp.com/go/3Dcontactus

About HP HP Inc. creates technology that makes life better for everyone, everywhere. Through our portfolio of printers, PCs, mobile devices, solutions, and services, we engineer experiences that amaze. More information about HP Inc. is available at http://www.hp.com.

Forward-Looking StatementsThis news release contains forward-looking statements that involve risks, uncertainties and assumptions. If the risks or uncertainties ever materialize or the assumptions prove incorrect, the results of HP Inc. and its consolidated subsidiaries (“HP”) may differ materially from those expressed or implied by such forward-looking statements and assumptions.

All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to any projections of net revenue, margins, expenses, effective tax rates, net earnings, net earnings per share, cash flows, benefit plan funding, deferred tax assets, share repurchases, currency exchange rates or other financial items; any projections of the amount, timing or impact of cost savings or restructuring and other charges; any statements of the plans, strategies and objectives of management for future operations, including the execution of restructuring plans and any resulting cost savings, revenue or profitability improvements; any statements concerning the expected development, performance, market share or competitive performance relating to products or services; any statements regarding current or future macroeconomic trends or events and the impact of those trends and events on HP and its financial performance; any statements regarding pending investigations, claims or disputes; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing.

Risks, uncertainties and assumptions include the need to address the many challenges facing HP’s businesses; the competitive pressures faced by HP’s businesses; risks associated with executing HP’s strategy; the impact of macroeconomic and geopolitical trends and events; the need to manage third-party suppliers and the distribution of HP’s products and the delivery of HP’s services effectively; the protection of HP’s intellectual property assets, including intellectual property licensed from third parties; risks associated with HP’s international operations; the development and transition of new products and services and the enhancement of existing products and services to meet customer needs and respond to emerging technological trends; the execution and performance of contracts by HP and its suppliers, customers, clients and partners; the hiring and retention of key employees; integration and other risks associated with business combination and investment transactions; the results of the restructuring plans, including estimates and assumptions related to the cost (including any possible disruption of HP’s business) and the anticipated benefits of the restructuring plans; the resolution of pending investigations, claims and disputes; and other risks that are described in HP’s Annual Report on Form 10-K for the fiscal year ended October 31, 2016, HP’s Quarterly Reports on Form 10-Q for the fiscal quarters ended January 31, 2017, April 30, 2017 and July 31, 2017, and HP’s other filings with the Securities and Exchange Commission. HP assumes no obligation and does not intend to update these forward-looking statements. HP’s Investor Relations website at http://www.hp.com/investor/home contains a significant amount of information about HP, including financial and other information for investors. HP encourages investors to visit its website from time to time, as information is updated and new information is posted.

©Copyright 2018 HP Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.

www.hp.com/go/newsroom 

______________________________ 

1. Based on internal testing and simulation, HP Jet Fusion 3D average printing time is up to 10 times faster than average printing time of comparable fused deposition modeling (FDM) and selective laser sintering (SLS) printer solutions from $100,000 USD to $300,000 USD on market as of April, 2016. Testing variables: Part quantity: 1.4 full build chamber of parts from HP Jet Fusion 3D at 20% of packing density on fast print mode vs same number of parts on above-mentioned competitive devices; Part size: 30 grams; Layer thickness: 0.08 mm/0.0031 inches.
2. Based on internal testing and public data, HP Jet Fusion 3D Printing Solution average printing cost-per-part is half the average cost of comparable FDM & SLS printer solutions from $100,000 USD to $300,000 USD on market as of April 2016. Cost analysis based on: standard solution configuration price, supplies price, and maintenance costs recommended by manufacturer. Cost criteria: printing 1build chambers per day/ 5 days per week over 1 year of 30-gram parts at 10% packing density using HP 3D High Reusability PA 12 material, and the powder reusability ratio recommended by manufacturer.
3. Based on dimensional accuracy of ±0.2 mm/0.008 inches, measured after sand blasting with HP 3D High Reusability PA 12 material. See hp.com/go/3Dmaterials for more information on materials specifications.

Noel Hartzell, HP Inc.
noel.hartzell@hp.com
www.hp.com/go/newsroom