Nano Dimension Transitions to Direct-Sales-Channel-Strategy, Signs Agent Agreement with AMTEST GROUP, the Leading SMT Distrib...
April 20 2020 - 6:00AM
Nano Dimension Ltd. (Nasdaq, TASE: NNDM), a leading
Additively Manufactured Electronics (AME)/PE (Printed Electronics)
provider, announced today the recruitment of AMTEST GROUP as
the new agent for enhancing the Company’s access to the Eastern
European market.
AMTEST GROUP is the market leader in Electronic
Assembly Solutions and the fastest expanding equipment and
consumable distributor covering Central and Eastern Europe.
With successful operations established in eight countries – the
Group works as “one company, with one culture and one goal –
delivering excellence to its electronic assembly clients. This
objective is supported with over 50 personnel and three “centers of
excellence” facilities working continuously on next generation
process challenges and research and development.
“I am sure that additively manufactured
electronics will grow in the next years, and Nano Dimension is at
the vanguard of the technology. AMTEST GROUP is excited to team up
with the world leading 3D-printing electronics company and we are
looking forward to bringing this technology to the markets in
Eastern Europe,” said Andy Taylor, Managing Partner of AMTEST
GROUP.
“We are excited to collaborate with AMTEST
GROUP, a veteran of the electronics industry, that is as convinced
as we are about the potential of the additively manufactured
Electronics technology.” Said Valentin Storz, GM of Nano Dimension
Europe. “With this Agreement we increase our accessibility to the
manufacturing and industrial electronics markets in Eastern Europe,
while maintaining our direct contact with customers.”
About AMTEST GROUP AMTEST GROUP is the
market leader in Electronic Assembly Solutions (SMT) and the
fastest expanding equipment and consumable distributor covering
Central and Eastern Europe with offices in Bulgaria, Croatia, Czech
Republic, Hungary, Poland, Romania and Slovakia. Established in
London, 1973 AMTEST Group now consists of over 50 personnel (which
includes 17 process engineers) all working within our territories
and has become ISO 9000-2008 certified - delivering excellence
throughout the Group territories. For more information, please
visit www.amtest-group.com
About Nano Dimension
Nano Dimension (Nasdaq, TASE: NNDM) is a
provider of intelligent machines for the fabrication of
Additively Manufactured Electronics (AME). High fidelity active
electronic and electromechanical subassemblies are integral
enablers of autonomous intelligent drones, cars,
satellites, smartphones, and in vivo medical devices. They
necessitate iterative development, IP safety, fast time-to-market
and device performance gains, thereby mandating AME for in-house,
rapid prototyping and production. Nano Dimension machines
serve cross-industry needs by depositing proprietary consumable
conductive and dielectric materials simultaneously, while
concurrently integrating in-situ capacitors, antennas, coils,
transformers and electromechanical components, to function at
unprecedented performance. Nano Dimension bridges the gap between
PCB and semiconductor integrated circuits. A revolution at the
click of a button: From CAD to a functional high-performance AME
device in hours, solely at the cost of the consumable
materials. For more information, please
visit www.nano-di.com.
Forward-Looking Statements
This press release contains forward-looking
statements within the meaning of the “safe harbor” provisions of
the Private Securities Litigation Reform Act of 1995 and other
Federal securities laws. Words such as “expects,” “anticipates,”
“intends,” “plans,” “believes,” “seeks,” “estimates” and similar
expressions or variations of such words are intended to identify
forward-looking statements. For example, Nano Dimension is using
forward-looking statements in this press release when it discusses
the potential and use of its products, that additively manufactured
electronics will grow in the next years, bringing technology to the
markets in Eastern Europe, increasing accessibility to the
manufacturing and industrial electronics markets in Eastern Europe,
and maintaining direct contact with customers. Because such
statements deal with future events and are based on Nano
Dimension's current expectations, they are subject to various risks
and uncertainties. Actual results, performance or achievements of
Nano Dimension could differ materially from those described in or
implied by the statements in this press release. The
forward-looking statements contained or implied in this press
release are subject to other risks and uncertainties, including
those discussed under the heading “Risk Factors” in Nano
Dimension’s annual report on Form 20-F filed with the Securities
and Exchange Commission (“SEC”) on March 10, 2020, and in any
subsequent filings with the SEC. Except as otherwise required by
law, Nano Dimension undertakes no obligation to publicly release
any revisions to these forward-looking statements to reflect events
or circumstances after the date hereof or to reflect the occurrence
of unanticipated events. References and links to websites have been
provided as a convenience, and the information contained on such
websites is not incorporated by reference into this press release.
Nano Dimension is not responsible for the contents of third-party
websites.
NANO DIMENSION INVESTOR RELATIONS CONTACT Yael Sandler,
CFO | ir@nano-di.com
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