HONG KONG - Stratasys Asia Pacific, a subsidiary of Stratasys Ltd. (NASDAQ: SSYS), a manufacturer of 3D printers and materials for personal use, prototyping, and production, announced the appointment of Hiroaki Katayam as the new President and CEO of Stratasys Japan Co., Ltd. effective in January 2014.
Mr. Katayama brings more than 20 years of management experience to his new role, covering industrial machinery importing business including 3D printers in Japan, and also management of manufacturers in China.
"We welcome Hiroaki's experience and leadership to the Stratasys family," said Jonathan Jaglom, General Manager, Asia Pacific & Japan of Stratasys Asia Pacific. "His knowledge and understanding of the 3D printing industry will ensure our continued success well into the future. In his role as President and CEO for Stratasys Japan, Hiroaki will play an instrumental role in strengthening Stratasys leadership position in the region, leading the team to serve local market with innovative solutions, committing to our service excellence value. I am confident that he will lead the organization to new heights."
"I am delighted to take up my new role as President and CEO of Stratasys Japan, the leading manufacturer of 3D printers that is transforming the manufacturing process," said Katayama. "I look forward to working with the dedicated employees to further the Company's market leadership and growth by bringing new levels of innovation, customer experience and value to the marketplace."
Stratasys Japan will continue to focus on key verticals including automotive, education, consumer electronics, consumer goods, medical & medical equipment and industrial machinery.
Stratasys Ltd. (Nasdaq: SSYS), headquartered in Minneapolis, Minn. and Rehovot, Israel, manufactures 3D printers and materials for prototyping and production. The company's patented FDM® and PolyJet® 3D printing technologies produce prototypes and manufactured goods directly from 3D CAD files or other 3D content. Systems include 3D printers for idea development, prototyping and direct digital manufacturing. Stratasys subsidiaries include MakerBot and Solidscape, and the company operates the RedEye digital-manufacturing service. Stratasys has more than 1700 employees, holds over 500 granted or pending additive manufacturing patents globally, and has received more than 20 awards for its technology and leadership. Online at: www.stratasys.com or http://blog.stratasys.com
Cautionary Statement Regarding Forward-Looking Statements
Statements regarding Stratasys' beliefs, intentions and expectations, including without limitation statements regarding the development and performance of our products and the potential growth of our industry and market, are forward-looking statements (within the meaning of the United States federal securities laws). The statements involve risks and uncertainties, both known and unknown, that may cause actual results to differ materially from those projected. Actual results may differ materially due to a number of factors, including the risk and uncertainty relating to Stratasys' ability to penetrate the 3D printing market; its ability to achieve the growth rates experienced in preceding quarters; its ability to introduce, produce and market both existing and new consumable materials, and the market acceptance of these materials; the impact of competitive products and pricing; its timely development of new products and materials and market acceptance of those products and materials; the success of Stratasys' recent R&D initiative to expand the DDM capabilities of its core FDM technology; and the success of Stratasys' RedEye On DemandTM and other paid parts services. This list is intended to identify only certain of the principal factors that could cause actual results to differ. These and other applicable factors are discussed in this presentation and in Stratasys' Annual Report on Form 20-F for the year ended December 31, 2012, as well as other filings that Stratasys, Inc. has made with the SEC and that Stratasys Ltd. has made and will make with the SEC in the future. Any forward-looking statements included in this presentation are as of the date they are given, and Stratasys is not obligated to update them if its views later change, or to reflect the occurrence of unanticipated events, except as may be required by law. These forward-looking statements should not be relied upon as representing Stratasys' views as of any date subsequent to the date they are given.
