Tech News

  • Next Generation Crucial BX200 SSD is an Ideal Hard Drive Replacement

    Key Messages:

    • BX200 SSD allows users to load applications in seconds
    • Compared to hard drives, computers will boot up almost instantly
    • Applications will accelerate in speed

    Multimedia Elements:

    BOISE, Idaho and GLASGOW, United Kingdom, Nov. 3, 2015 (GLOBE NEWSWIRE) -- Crucial, a leading global brand of memory and storage upgrades, today announced the new Crucial® BX200 solid state drive (SSD), which offers substantial yet affordable performance gains compared to a standard hard drive. The drive, designed for consumers and SMBs, allows users to load applications in seconds, boot up almost instantly, and accelerate every day applications.

    The new BX200 provides sequential read and write speeds up to 540 MB/s and 490 MB/s respectively on all types of data, as well as random read and write speeds up to 66k and 78k IOPS respectively. Additionally, when compared to a typical hard drive, the new BX200 is more than 13 times fasteri and 40 times more energy efficientii for almost instantaneous access to data, resulting in longer battery life and a cooler, quieter system. The new drive utilizes a Silicon Motion SM2256 Controller and is coupled with Micron verified firmware, allowing users to upgrade their existing infrastructure at an affordable price, which is a great alternative to buying a whole new system.

    "The new Crucial BX200 SSD is an ideal solution for consumers whose computers are slowed down by an old or inadequate hard drive," said Jonathan Weech, senior worldwide product manager, Crucial. "This SSD is the perfect blend of performance and value, allowing a user to get more done and have more fun. Installing a BX200 will help users enjoy their computers again."

    Robert Fan, vice president and general manager of Silicon Motion U.S.A., said, "We are excited about our latest partnership with Crucial on the new BX200 SSD. Our high-performance and low power consumption SM2256 controller combined with Micron 16nm TLC NAND helps make the BX200 reliable, fast, energy efficient and affordable."

    Available now in a 2.5-inch form factor, the Crucial BX200 SSD is offered in 240GB, 480GB and 960GBiii with MSRPs of $84.99, $149.99 and $299.99, respectively, and is available at crucial.com. The new drive is supported by the Crucial Storage Executive tool, is backed by a limited three-year warranty, and is compatible with both PC and Mac® systems. The BX200 also comes standard with Acronis® True Image HD data migration software that moves all files, operating systems, settings and programs from an existing hard drive to the newly installed SSD. For more information about Crucial SSDs, please visit www.crucial.com/bx200.

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    About Crucial

    Crucial is a global brand of Micron Technology, Inc. Crucial products include award-winning solid state drives (SSDs) and DRAM for more than 50,000 desktops, laptops, servers, workstations, and other systems. Crucial products are available worldwide at leading retail and e-tail stores, commercial resellers, and system integrators. For more information or support, visit www.crucial.com.

    About Micron

    Micron Technology, Inc. is one of the world's leading providers of advanced semiconductor solutions. Through its worldwide operations, Micron manufactures and markets a full range of DRAM, NAND and NOR flash memory, as well as other innovative memory technologies, packaging solutions and semiconductor systems for use in leading-edge computing, consumer, networking, embedded and mobile products. Micron's common stock is traded on the NASDAQ under the MU symbol. To learn more about Micron Technology, Inc., visit www.micron.com.

    ©2015 Micron Technology, Inc. All rights reserved. Information, products, and/or specifications are subject to change without notice. Neither Crucial nor Micron Technology, Inc. is responsible for omissions or errors in typography or photography. Micron, the Micron logo, Crucial, and the Crucial logo are trademarks of Micron Technology, Inc. Acronis® and True Image™ are registered trademarks or trademarks of Acronis International GmbH or its affiliates in the United States and other countries. All other trademarks are the property of their respective owners.

    __________________________

    i  Performance level based on comparative benchmark scores of the Crucial BX200 SSD and the Western Digital® Caviar Blue™ WD10EZEX internal hard drive. Actual performance level may vary based on benchmark used and individual system configuration. Test setup: 256GB Crucial m4 SSD as the primary storage drive, paired with a 960GB Crucial BX200 SSD and a 1TB Western Digital Caviar Blue internal hard drive as secondary drives (each secondary drive tested separately). All tests conducted on an Asus® Maximus VII Gene motherboard, Intel® i7-4790K 4.0GHz processor, SAPPHIRE Radeon HD 3870 video card, BIOS Rev. 2801, and Windows® 7 Pro 64-bit operating system using PCMark Vantage HDD test suite. Benchmark testing conducted September 2015. 
    ii  Active average power use comparison based on published specs of the 960GB Crucial BX200 SSD and the 1TB Western Digital Caviar Blue internal hard drive. 
    iii  1 GB equals 1 billion bytes. Actual usable capacity may vary.

    CONTACT: Media Contact: US Contact: Brittany Hendrickson InkHouse Media + Marketing +1 (415) 299-6370 crucial@inkhouse.com www.crucial.com

  • Prime Numbers Technology Releases Contract Monitoring

    MILFORD, Mass., Nov. 2, 2015 (GLOBE NEWSWIRE) -- Prime Numbers Technology (PNT), long-standing provider of data analysis solutions, and the independent development force behind industry-leading travel reporting and benchmarking platform, Prime Analytics, has today announced the release of its latest data analysis tool: Contract Monitoring. This release marks the second phase of PNT's contract and vendor analysis software, Prime Sourcing, which was unveiled late 2014.

    Contract Monitoring is a contract definition tool which builds upon the analytic framework established in Prime Sourcing's first module, Dynamic Analysis. Within the tool, users are guided through an intuitive configuration and contract data loading interface, which provides real-time feedback and validates entries against historical data and PNT's proprietary rules engine. Once contract data and discounts are loaded into Contract Monitoring, they become fully functional components within Dynamic Analysis, offering further dissection and benchmarking of contract performance.

    "At its core, Contract Monitoring is an agreement optimization tool," explained Doug Vasquez, Vice President, Software Development at Prime Numbers Technology. "On a corporate direct level, businesses can explore the performance of their current and historical contracts, which can assist in discount negotiation and preferred vendor analysis. Through the interface, corporations can further visualize the 'Where?' and 'Why?' of their current contract performance, and learn exactly which factors can help their company improve, or stay on track."

    Travel management companies (TMCs) can also leverage Contract Monitoring to gain new perspective into agency-wide contracts and supplier agreements. By defining targets for their contract and discount goals, TMCs can track the effectiveness of their negotiated agreements to reveal hidden potential for greater ROI, as well as supplier discounts.

    "This new module of Prime Sourcing is a powerful tool for corporations and TMCs alike, and we're looking forward to seeing how users interact with the tool," added Vasquez. "We'll be utilizing user feedback to fine-tune the last module of Prime Sourcing – Contract Modeling – which is planned for release in 2016."

    Prime Sourcing's first modules, Contract Monitoring and Dynamic Analysis, are available for TMC and corporate commercial licensing now. For more information, including demonstration and licensing inquiries, please visit www.primenumberstechnology.com.

    About Prime Numbers Technology

    Prime Numbers Technology (PNT) is dedicated to helping clients drive significant savings in business spend through industry-recognized data analytics and benchmarking solutions. PNT is in continuous development for a comprehensive suite of solutions including data analytics and benchmarking, dashboards, policy management, best practices and ROI maximization. PNT technology is licensed by some of the most recognized names in business travel, with global representation by many Fortune 250 corporations and top 10 travel management companies. PNT is a division of Atlas Travel & Technology Group Inc., based in Milford, MA. For more information on Prime Numbers Technology, please visit www.primenumberstechnology.com.

    CONTACT: Andrew Carriere Marketing & Communications Coordinator Atlas Travel & Technology Group Inc. +1 (508) 488-1260 Andrew.Carriere@atlastravel.com

  • Prime Numbers Technology Releases Contract Monitoring

    MILFORD, Mass., Nov. 2, 2015 (GLOBE NEWSWIRE) -- Prime Numbers Technology (PNT), long-standing provider of data analysis solutions, and the independent development force behind industry-leading travel reporting and benchmarking platform, Prime Analytics, has today announced the release of its latest data analysis tool: Contract Monitoring. This release marks the second phase of PNT's contract and vendor analysis software, Prime Sourcing, which was unveiled late 2014.

    Contract Monitoring is a contract definition tool which builds upon the analytic framework established in Prime Sourcing's first module, Dynamic Analysis. Within the tool, users are guided through an intuitive configuration and contract data loading interface, which provides real-time feedback and validates entries against historical data and PNT's proprietary rules engine. Once contract data and discounts are loaded into Contract Monitoring, they become fully functional components within Dynamic Analysis, offering further dissection and benchmarking of contract performance.

    "At its core, Contract Monitoring is an agreement optimization tool," explained Doug Vasquez, Vice President, Software Development at Prime Numbers Technology. "On a corporate direct level, businesses can explore the performance of their current and historical contracts, which can assist in discount negotiation and preferred vendor analysis. Through the interface, corporations can further visualize the 'Where?' and 'Why?' of their current contract performance, and learn exactly which factors can help their company improve, or stay on track."

    Travel management companies (TMCs) can also leverage Contract Monitoring to gain new perspective into agency-wide contracts and supplier agreements. By defining targets for their contract and discount goals, TMCs can track the effectiveness of their negotiated agreements to reveal hidden potential for greater ROI, as well as supplier discounts.

    "This new module of Prime Sourcing is a powerful tool for corporations and TMCs alike, and we're looking forward to seeing how users interact with the tool," added Vasquez. "We'll be utilizing user feedback to fine-tune the last module of Prime Sourcing – Contract Modeling – which is planned for release in 2016."

    Prime Sourcing's first modules, Contract Monitoring and Dynamic Analysis, are available for TMC and corporate commercial licensing now. For more information, including demonstration and licensing inquiries, please visit www.primenumberstechnology.com.

    About Prime Numbers Technology

    Prime Numbers Technology (PNT) is dedicated to helping clients drive significant savings in business spend through industry-recognized data analytics and benchmarking solutions. PNT is in continuous development for a comprehensive suite of solutions including data analytics and benchmarking, dashboards, policy management, best practices and ROI maximization. PNT technology is licensed by some of the most recognized names in business travel, with global representation by many Fortune 250 corporations and top 10 travel management companies. PNT is a division of Atlas Travel & Technology Group Inc., based in Milford, MA. For more information on Prime Numbers Technology, please visit www.primenumberstechnology.com.

    CONTACT: Andrew Carriere Marketing & Communications Coordinator Atlas Travel & Technology Group Inc. +1 (508) 488-1260 Andrew.Carriere@atlastravel.com

  • Edgewater Retains Financial Advisor to Evaluate AMERI and Lone Star Proposals

    WAKEFIELD, Mass., Nov. 2, 2015 (GLOBE NEWSWIRE) -- Edgewater Technology, Inc. (NASDAQ:EDGW), a leading consulting firm that helps business leaders drive transformational change through its unique selection of business and technology services and specialized product-based solutions, today announced that its Board of Directors has retained Signal Hill Capital Group LLC to serve as financial advisor to the Company.  

    Signal Hill, along with legal advisors, Hinckley, Allen & Snyder LLP and Jones Day, will assist Edgewater's Board of Directors in evaluating the unsolicited all-stock proposal received from AMERI Holdings, Inc. The Board of Directors is reviewing the AMERI Holdings proposal to determine the course of action that it believes is in the best interests of the Company and all of its stockholders.

    The Board of Directors is also aware of the effort by a Company stockholder, Lone Star Value Investors, LP, and others to solicit stockholder consents to remove certain directors from the Board and to implement certain other proposals regarding the Company. The Board and Company management value input from all of the Company's stockholders. The Board, with advice from its financial and legal advisors, will evaluate the Lone Star proposals and provide recommendations to stockholders regarding the associated consent solicitation based on the best interests of the Company and all of its stockholders.

    The Board of Directors will complete its evaluation of these matters in due course and will advise stockholders of the outcome of its review at that time.

    Additional Information

    In connection with the consent solicitation initiated by Lone Star Value Investors, LP, the Company may file a consent revocation statement and other documents regarding the Lone Star proposals with the SEC and may mail a consent revocation statement and a consent revocation card to each stockholder of record entitled to deliver a written consent with respect to the Lone Star proposals. STOCKHOLDERS ARE ENCOURAGED TO READ ANY CONSENT REVOCATION STATEMENT AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC WHEN THEY BECOME AVAILABLE, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. The final consent revocation statement, if any, may be mailed to stockholders. Investors and security holders will be able to obtain the documents free of charge at the SEC's website, www.sec.gov, from Edgewater at its website, www.edgewater.com, or 200 Harvard Mill Square, Suite 210, Wakefield, Massachusetts 01880, Attention: Corporate Secretary.

    Participants in Solicitation

    The Company and its directors and executive officers may be deemed to be participants in the solicitation of consent revocations in connection with the Lone Star proposals. Information concerning the Company's participants is set forth in the proxy statement, dated April 22, 2015, for its 2015 Annual Meeting of Stockholders as filed with the SEC on Schedule 14A. Additional information regarding the interests of participants of the Company in any solicitation of consent revocations in connection with the Lone Star proposals and other relevant materials, if any, will be filed with the SEC when they become available.

    About Edgewater

    Edgewater (NASDAQ:EDGW) helps business leaders drive transformational change through its unique selection of business and technology services and specialized product-based solutions.

    Classic consulting disciplines (such as business advisory, process improvement, organizational change management, M&A due diligence, and domain expertise) are blended with technical services (such as digital transformation, technical roadmaps, data and analytics services, custom development, and system integration) to help organizations get the most out of their existing IT assets while creating new digital business models.

    Delivering both on premise and in the cloud, Edgewater partners with Oracle and Microsoft to offer Business Analytics, BI, ERP, and CRM solutions. Edgewater Ranzal, an Oracle Platinum Consulting Partner, provides Business Analytics solutions leveraging Oracle EPM, BI, and Big Data technologies. As an award-winning Microsoft partner, Edgewater Fullscope delivers Dynamics AX ERP, Business Intelligence, and CRM solutions, with a specialty in manufacturing.

    CONTACT: INVESTOR CONTACT: Edgewater Technology, Inc. Timothy R. Oakes Phone: 781-246-6984 E-mail: toakes@edgewater.com MEDIA CONTACT: Sard Verbinnen & Co Bryan Locke / Debbie Miller Phone: (312) 895-4700 E-mail: blocke@sardverb.com / dmiller@sardverb.com

  • Edgewater Retains Financial Advisor to Evaluate AMERI and Lone Star Proposals

    WAKEFIELD, Mass., Nov. 2, 2015 (GLOBE NEWSWIRE) -- Edgewater Technology, Inc. (NASDAQ:EDGW), a leading consulting firm that helps business leaders drive transformational change through its unique selection of business and technology services and specialized product-based solutions, today announced that its Board of Directors has retained Signal Hill Capital Group LLC to serve as financial advisor to the Company.  

    Signal Hill, along with legal advisors, Hinckley, Allen & Snyder LLP and Jones Day, will assist Edgewater's Board of Directors in evaluating the unsolicited all-stock proposal received from AMERI Holdings, Inc. The Board of Directors is reviewing the AMERI Holdings proposal to determine the course of action that it believes is in the best interests of the Company and all of its stockholders.

    The Board of Directors is also aware of the effort by a Company stockholder, Lone Star Value Investors, LP, and others to solicit stockholder consents to remove certain directors from the Board and to implement certain other proposals regarding the Company. The Board and Company management value input from all of the Company's stockholders. The Board, with advice from its financial and legal advisors, will evaluate the Lone Star proposals and provide recommendations to stockholders regarding the associated consent solicitation based on the best interests of the Company and all of its stockholders.

    The Board of Directors will complete its evaluation of these matters in due course and will advise stockholders of the outcome of its review at that time.

    Additional Information

    In connection with the consent solicitation initiated by Lone Star Value Investors, LP, the Company may file a consent revocation statement and other documents regarding the Lone Star proposals with the SEC and may mail a consent revocation statement and a consent revocation card to each stockholder of record entitled to deliver a written consent with respect to the Lone Star proposals. STOCKHOLDERS ARE ENCOURAGED TO READ ANY CONSENT REVOCATION STATEMENT AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC WHEN THEY BECOME AVAILABLE, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. The final consent revocation statement, if any, may be mailed to stockholders. Investors and security holders will be able to obtain the documents free of charge at the SEC's website, www.sec.gov, from Edgewater at its website, www.edgewater.com, or 200 Harvard Mill Square, Suite 210, Wakefield, Massachusetts 01880, Attention: Corporate Secretary.

    Participants in Solicitation

    The Company and its directors and executive officers may be deemed to be participants in the solicitation of consent revocations in connection with the Lone Star proposals. Information concerning the Company's participants is set forth in the proxy statement, dated April 22, 2015, for its 2015 Annual Meeting of Stockholders as filed with the SEC on Schedule 14A. Additional information regarding the interests of participants of the Company in any solicitation of consent revocations in connection with the Lone Star proposals and other relevant materials, if any, will be filed with the SEC when they become available.

    About Edgewater

    Edgewater (NASDAQ:EDGW) helps business leaders drive transformational change through its unique selection of business and technology services and specialized product-based solutions.

    Classic consulting disciplines (such as business advisory, process improvement, organizational change management, M&A due diligence, and domain expertise) are blended with technical services (such as digital transformation, technical roadmaps, data and analytics services, custom development, and system integration) to help organizations get the most out of their existing IT assets while creating new digital business models.

    Delivering both on premise and in the cloud, Edgewater partners with Oracle and Microsoft to offer Business Analytics, BI, ERP, and CRM solutions. Edgewater Ranzal, an Oracle Platinum Consulting Partner, provides Business Analytics solutions leveraging Oracle EPM, BI, and Big Data technologies. As an award-winning Microsoft partner, Edgewater Fullscope delivers Dynamics AX ERP, Business Intelligence, and CRM solutions, with a specialty in manufacturing.

    CONTACT: INVESTOR CONTACT: Edgewater Technology, Inc. Timothy R. Oakes Phone: 781-246-6984 E-mail: toakes@edgewater.com MEDIA CONTACT: Sard Verbinnen & Co Bryan Locke / Debbie Miller Phone: (312) 895-4700 E-mail: blocke@sardverb.com / dmiller@sardverb.com

  • TDK Corporation to Acquire Hutchinson Technology Inc.

    TOKYO and HUTCHINSON, Minn., Nov. 2, 2015 (GLOBE NEWSWIRE) -- TDK Corporation ("TDK") and Hutchinson Technology Incorporated (NASDAQ:HTCH) ("HTI") today jointly announced that they have entered into a definitive merger agreement under which TDK will acquire all of the outstanding shares of common stock of HTI for base consideration of US$3.62 per share, plus additional consideration of up to US$0.38 per share, depending on the level of cash (subject to certain adjustments) less any outstanding borrowings on HTI's revolving line of credit ("net cash") held by HTI as of the last day of the fiscal month immediately preceding the closing date. The amount of additional consideration, if any, will equal approximately US$0.01 per share for each US$500,000 of HTI's net cash over US$17.5 million as of the measurement date. As of September 27, 2015, HTI's net cash position was approximately US$40 million. In addition to the satisfaction of HTI's outstanding debt, the merger values HTI's equity at approximately $126 million to $140 million on a fully diluted basis. 

    Takehiro Kamigama, President and Chief Executive Officer of TDK said, "TDK and Hutchinson Technology have shared a long history in the disk drive industry, and I am very pleased that we can announce this agreement.  HTI's expertise and capabilities in design, development, and manufacturing of high precision components and assemblies will be a great addition to the TDK organization."

    Rick Penn, President and Chief Executive Officer of HTI, said, "This transaction represents a compelling opportunity for Hutchinson Technology shareholders, employees, customers and suppliers.  By combining the market position, resources and scale of TDK with our precision component manufacturing capabilities, we can ensure that our customers have access to the advanced technology they need.  We are pleased to become part of TDK, a premier company in the electronics industry."

    The transaction, which has been unanimously approved by each company's board of directors, is currently expected to close in the first calendar quarter of 2016, subject to HTI shareholders' approval, regulatory approvals and other customary closing conditions. HTI's board of directors recommends that shareholders vote to approve the transaction.

    For this transaction, Janes Capital Partners is acting as financial advisor to TDK and Nixon Peabody LLP is acting as TDK's legal counsel. BofA Merrill Lynch is acting as financial advisor to HTI and Faegre Baker Daniels LLP is acting as HTI's legal counsel.

    About TDK Corporation

    TDK Corporation is a leading electronics company based in Tokyo, Japan.  It was established in 1935 to commercialize ferrite, a key material in electronic and magnetic products.  TDK's portfolio includes electronic components, modules and systems marketed under the product brands TDK and EPCOS, power supplies, magnetic application products as well as energy devices, flash memory application devices, and others.  TDK focuses on demanding markets in the areas of information and communication technology and consumer, automotive and industrial electronics.  The company has a network of design and manufacturing locations and sales offices in Asia, Europe, and in North and South America.  In fiscal 2015, TDK posted total sales of US$9.0 billion and employed about 88,000 people worldwide.

    About Hutchinson Technology Incorporated

    Hutchinson Technology is a global supplier of critical precision component technologies. As a key supplier of suspension assemblies for disk drives, HTI helps customers improve overall disk drive performance and meet the demands of an ever-expanding digital universe. Through its new business development initiatives, HTI focuses on leveraging its unique precision manufacturing capabilities in new markets to improve product performance, reduce size, lower cost, and reduce time to market.

    Notice to Investors

    In connection with the proposed merger, HTI intends to file relevant materials with the United States Securities and Exchange Commission (the "SEC"), including a preliminary proxy statement on Schedule 14A. Following the filing of the definitive proxy statement with the SEC, HTI will mail the definitive proxy statement and a proxy card to each shareholder entitled to vote at the special meeting relating to the proposed merger. SHAREHOLDERS ARE URGED TO CAREFULLY READ THESE MATERIALS IN THEIR ENTIRETY (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND ANY OTHER RELEVANT DOCUMENTS THAT HTI WILL FILE WITH THE SEC WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. The proxy statement and other relevant materials (when available), and any and all documents filed by HTI with the SEC, may also be obtained for free at the SEC's website at www.sec.gov.

    This document does not constitute a solicitation of proxy, an offer to purchase, or a solicitation of an offer to sellany securities. HTI, its directors, executive officers, and certain employees may be deemed to be participants in the solicitation of proxies from the shareholders of HTI in connection with the proposed merger. Information about the persons who may, under the rules of the SEC, be considered to be participants in the solicitation of HTI's shareholders in connection with the proposed merger, and any interest they have in the proposed merger, will be set forth in the definitive proxy statement when it is filed with the SEC. Additional information regarding these individuals is set forth in HTI's proxy statement for its 2015 Annual Meeting of Shareholders, which was filed with the SEC on December 17, 2014, and its Annual Report on Form 10-K for the fiscal year ended September 28, 2014, which was filed with the SEC on December 10, 2014. These documents may be obtained for free at the SEC's website at www.sec.gov.

    Cautionary Statement Regarding Forward-Looking Statements

    This press release contains forward-looking statements that are not historical facts and are subject to risks and uncertainties that could cause actual results to differ materially from those described.  All statements other than statements of historical fact are statements that could be deemed forward-looking statements.  Actual results could differ materially from those projected or forecast in the forward-looking statements.  The factors that could cause actual results to differ materially include, without limitation, risks or uncertainties associated with: the satisfaction of the conditions precedent to the consummation of the proposed transaction, including, without limitation, the receipt of shareholder and regulatory approvals; the amount of HTI's net cash as of the measurement date for the determination of the additional merger consideration, if any; unanticipated difficulties or expenditures relating to the proposed transaction; legal proceedings that may be instituted against HTI and others following announcement of the proposed transaction; disruptions of current plans and operations caused by the announcement and pendency of the proposed transaction; potential difficulties in employee retention as a result of the announcement and pendency of the proposed transaction; the response of customers, distributors, suppliers and competitors to the announcement of the proposed transaction; and other factors described in HTI's Annual Report on Form 10-K for the fiscal year ended September 28, 2014 filed with the SEC.  TDK and HTI assume no obligation to update the information in this press release, except as required by law.  Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof.

    CONTACT: TDK CORPORATION CONTACTS: Corporate Communications Group: Sumio Marukawa +81-3-6852-7102 HUTCHINSON TECHNOLOGY CONTACTS: Media Contact: Connie Pautz +1-320-587-1823 Investor Contact: Chuck Ives +1-320-587-1605

  • 3D Systems Launches 3D Printing Lab With U.S. Army

    - Army lab acquires wide range of 3DS technology for joint materials and applications research

    - Army and 3DS scientists to work together on-site at Aberdeen Proving Ground to develop, evaluate, and qualify new materials

    - Army 'Open Campus' effort catalyzes innovations for American soldiers and industry through public/private partnership

    ROCK HILL, S.C., Oct. 30, 2015 (GLOBE NEWSWIRE) -- 3D Systems (NYSE:DDD) announced today a partnership with the U.S. Army Research Laboratory (ARL), the nation's premier research center for land forces, to jointly develop 3D printing technology and materials for automotive, medical, wearable, aerospace, and other commercial and defense applications at the Army's Aberdeen Proving Ground in Maryland.

    As part of this agreement, 3DS personnel will serve as guest researchers on-site at Aberdeen Proving Ground to collaborate with the Army's material scientists. Together, Army and 3DS researchers will tap ARL's expansive high-tech materials characterization toolset, as well as bring together scores of leading polymer and metals scientists from the government and industry. 3DS will also work with the Army on hybridized manufacturing applications using 3D printing to allow for logistics innovations such as in-field manufacturing and efficient depot-level repair.

    "Additive manufacturing is redefining what is possible. Novel materials research will enable areas like 3D printed electronics and multi-functional structures. The development of hybridized manufacturing technologies will allow in-field manufacturing, efficient depot-level repair and a reduction of the Army's overall logistics burden," said Larry (LJ) Holmes, the Army Research Laboratory's Principal Investigator in this effort. "Equipping our soldiers with the most cutting edge technology requires innovations throughout our supply chain. We are pleased to embark on this cooperative R&D agreement, which will undoubtedly unlock new scientific discoveries and industrial innovation."

    Additionally, under the lab's new Open Campus initiative, various companies, universities, and government agencies can apply to access the ARL's newly acquired inventory of 3D printer technologies from 3DS, including a host of the latest state-of-the-art Stereolithography, Direct Metal Printing, and MultiJet Printing machines.

    "The United States Army is both a leader and innovator in adopting 3D printing technology," said Neal Orringer, 3DS' Vice President of Alliances and Partnerships. "Through its Open Campus initiative, the ARL is not only advancing high-tech collaboration, but also—more importantly— breaking new ground in fielding new materials and systems that support American soldiers, and we are proud to be the Army's partner."

    Development and qualification of new materials and printer technologies under this agreement will enable adoption of this technology within the Army, its industrial base and that of other industries.

    ARL will showcase its 3D printing research facilities at its Open Campus Open House on November 3 – 4, 2015 at its Aberdeen Proving Ground campus in Maryland. The event will introduce members of the international science and technology community to the ARL's research scientists and engineers and its specialized laboratory facilities that are available to support joint research. More information can be found here.

    Learn more about 3DS' commitment to manufacturing the future today at www.3dsystems.com.

    About 3D Systems

    3D Systems provides the most advanced and comprehensive 3D digital design and fabrication solutions available today, including 3D printers, print materials and cloud-sourced custom parts. Its powerful ecosystem transforms entire industries by empowering professionals and consumers everywhere to bring their ideas to life using its vast material selection, including plastics, metals, ceramics and edibles. 3DS' leading personalized medicine capabilities include end-to-end simulation, training and planning, and printing of surgical instruments and devices for personalized surgery and patient specific medical and dental devices. Its democratized 3D digital design, fabrication and inspection products provide seamless interoperability and incorporate the latest immersive computing technologies. 3DS' products and services disrupt traditional methods, deliver improved results and empower its customers to manufacture the future now.

    Leadership through Innovation and Technology

    • 3DS invented 3D printing with its Stereolithography (SLA) printer and was the first to commercialize it in 1989.
    • 3DS invented Selective Laser Sintering (SLS) printing and was the first to commercialize it in 1992.
    • 3DS invented and commercialized its patented, ground-breaking force-feedback haptic devices in 1993.
    • 3DS invented the ColorJet Printing (CJP) class of 3D printers and was the first to commercialize 3D powder-based systems in 1994.
    • 3DS invented MultiJet Printing (MJP) printers and was the first to commercialize it in 1996.
    • 3DS pioneered virtual surgical simulation (VSSTM) and virtual surgical planning (VSP®) as part of its portfolio of leading 3D healthcare products and services.
    • 3DS pioneered scan-based design with the release of the patented Geomagic Design X (XOR) software in 2006.

    Today its comprehensive range of 3D printers is the industry's benchmark for production-grade manufacturing in aerospace, automotive, patient specific medical device and a variety of consumer, electronic and fashion accessories.

    More information on the company is available at www.3dsystems.com.

    CONTACT: Investor Contact: Stacey Witten Email: investor.relations@3dsystems.com Media Contact: Timothy Miller Email: Press@3dsystems.com

  • 3D Systems Launches 3D Printing Lab With U.S. Army

    - Army lab acquires wide range of 3DS technology for joint materials and applications research

    - Army and 3DS scientists to work together on-site at Aberdeen Proving Ground to develop, evaluate, and qualify new materials

    - Army 'Open Campus' effort catalyzes innovations for American soldiers and industry through public/private partnership

    ROCK HILL, S.C., Oct. 30, 2015 (GLOBE NEWSWIRE) -- 3D Systems (NYSE:DDD) announced today a partnership with the U.S. Army Research Laboratory (ARL), the nation's premier research center for land forces, to jointly develop 3D printing technology and materials for automotive, medical, wearable, aerospace, and other commercial and defense applications at the Army's Aberdeen Proving Ground in Maryland.

    As part of this agreement, 3DS personnel will serve as guest researchers on-site at Aberdeen Proving Ground to collaborate with the Army's material scientists. Together, Army and 3DS researchers will tap ARL's expansive high-tech materials characterization toolset, as well as bring together scores of leading polymer and metals scientists from the government and industry. 3DS will also work with the Army on hybridized manufacturing applications using 3D printing to allow for logistics innovations such as in-field manufacturing and efficient depot-level repair.

    "Additive manufacturing is redefining what is possible. Novel materials research will enable areas like 3D printed electronics and multi-functional structures. The development of hybridized manufacturing technologies will allow in-field manufacturing, efficient depot-level repair and a reduction of the Army's overall logistics burden," said Larry (LJ) Holmes, the Army Research Laboratory's Principal Investigator in this effort. "Equipping our soldiers with the most cutting edge technology requires innovations throughout our supply chain. We are pleased to embark on this cooperative R&D agreement, which will undoubtedly unlock new scientific discoveries and industrial innovation."

    Additionally, under the lab's new Open Campus initiative, various companies, universities, and government agencies can apply to access the ARL's newly acquired inventory of 3D printer technologies from 3DS, including a host of the latest state-of-the-art Stereolithography, Direct Metal Printing, and MultiJet Printing machines.

    "The United States Army is both a leader and innovator in adopting 3D printing technology," said Neal Orringer, 3DS' Vice President of Alliances and Partnerships. "Through its Open Campus initiative, the ARL is not only advancing high-tech collaboration, but also—more importantly— breaking new ground in fielding new materials and systems that support American soldiers, and we are proud to be the Army's partner."

    Development and qualification of new materials and printer technologies under this agreement will enable adoption of this technology within the Army, its industrial base and that of other industries.

    ARL will showcase its 3D printing research facilities at its Open Campus Open House on November 3 – 4, 2015 at its Aberdeen Proving Ground campus in Maryland. The event will introduce members of the international science and technology community to the ARL's research scientists and engineers and its specialized laboratory facilities that are available to support joint research. More information can be found here.

    Learn more about 3DS' commitment to manufacturing the future today at www.3dsystems.com.

    About 3D Systems

    3D Systems provides the most advanced and comprehensive 3D digital design and fabrication solutions available today, including 3D printers, print materials and cloud-sourced custom parts. Its powerful ecosystem transforms entire industries by empowering professionals and consumers everywhere to bring their ideas to life using its vast material selection, including plastics, metals, ceramics and edibles. 3DS' leading personalized medicine capabilities include end-to-end simulation, training and planning, and printing of surgical instruments and devices for personalized surgery and patient specific medical and dental devices. Its democratized 3D digital design, fabrication and inspection products provide seamless interoperability and incorporate the latest immersive computing technologies. 3DS' products and services disrupt traditional methods, deliver improved results and empower its customers to manufacture the future now.

    Leadership through Innovation and Technology

    • 3DS invented 3D printing with its Stereolithography (SLA) printer and was the first to commercialize it in 1989.
    • 3DS invented Selective Laser Sintering (SLS) printing and was the first to commercialize it in 1992.
    • 3DS invented and commercialized its patented, ground-breaking force-feedback haptic devices in 1993.
    • 3DS invented the ColorJet Printing (CJP) class of 3D printers and was the first to commercialize 3D powder-based systems in 1994.
    • 3DS invented MultiJet Printing (MJP) printers and was the first to commercialize it in 1996.
    • 3DS pioneered virtual surgical simulation (VSSTM) and virtual surgical planning (VSP®) as part of its portfolio of leading 3D healthcare products and services.
    • 3DS pioneered scan-based design with the release of the patented Geomagic Design X (XOR) software in 2006.

    Today its comprehensive range of 3D printers is the industry's benchmark for production-grade manufacturing in aerospace, automotive, patient specific medical device and a variety of consumer, electronic and fashion accessories.

    More information on the company is available at www.3dsystems.com.

    CONTACT: Investor Contact: Stacey Witten Email: investor.relations@3dsystems.com Media Contact: Timothy Miller Email: Press@3dsystems.com

  • Rapid7 Honored with STAR Award for Services Excellence at TSW 2015 Service Transformations Conference

    BOSTON, Oct. 29, 2015 (GLOBE NEWSWIRE) -- Rapid7, Inc. (NASDAQ:RPD), a leading provider of security data and analytics solutions, has been named the winner of the Fall 2015 Technology Services Industry Association (TSIA) STAR Award for Innovation in Enabling Customer Outcomes/Customer Success & Support, SMB Level. The award was announced on October 21 at the Technology Services World (TSW) 2015 Service Transformations conference in Las Vegas.

    The TSIA STAR Award for Innovation in Enabling Customer Outcomes/Customer Success & Support recognizes the company that demonstrates the most innovative approach, through customer success and support services, to assisting customers in realizing the maximum business value from the use of its products.

    Rapid7 provides security data and analytics solutions and services to help organizations reduce the risk of breach, detect and investigate cyber attacks, and build effective security programs. The Company was recognized for its unified Customer Success organization, which includes Sales Engineering, Global Services, Customer Success Management, and Learning & Support functions. Working together across these functions, the collective team helps align priorities to drive adoption, promote learning, and value realization, which enables customers to improve their overall security posture.

    "Helping our customers mitigate risk is the driving principle behind everything we do. We know that constantly innovating, adapting to the threat landscape, and giving customers the support and knowledge they need is critical to their success," said Mike McKee, senior vice president of Services and Customer Support. "Building meaningful customer partnerships is at the center of our core values and has always been key to Rapid7's business growth."

    "Now in its 25th year, the STAR Awards program has become a long-standing honor in the technology services industry, recognizing organizations that set the standard for leadership and dedication to this important market space," said J.B. Wood, president and CEO of TSIA. "Rapid7 has clearly demonstrated its high-level commitment to delivering world-class results, and it is truly an honor to recognize them for their dedication to excellence."

    Companies seeking the STAR Award undergo a rigorous evaluation process, with the winners selected by TSIA's service discipline advisory board members. Since its inception in 1990, the STAR Awards have become one of the highest honors in the technology services industry, acknowledging the contribution of companies of all sizes to the continual improvement of technology services delivery industry-wide. For information on the STAR Awards, go to www.tsia.com/awards_and_certifications/star_awards.html

    About Rapid7

    Rapid7 is a leading provider of security data and analytics solutions that enable organizations to implement an active, analytics-driven approach to cyber security. We combine our extensive experience in security data and analytics and deep insight into attacker behaviors and techniques to make sense of the wealth of data available to organizations about their IT environments and users. Our solutions empower organizations to prevent attacks by providing visibility into vulnerabilities and to rapidly detect compromises, respond to breaches, and correct the underlying causes of attacks. Rapid7 is trusted by more than 4,150 organizations across 90 countries, including 34% of the Fortune 1000. To learn more about Rapid7 or get involved in our threat research, visit www.rapid7.com.

    About TSIA

    The Technology Services Industry Association (TSIA) is the world's leading organization dedicated to advancing the business of technology services. Technology services organizations large and small look to TSIA for world-class business frameworks, best practices based on real-world results, detailed performance benchmarking, exceptional peer networking opportunities, and high-profile certification and awards programs. TSIA corporate members represent the world's top technology companies as well as scores of innovative small and mid-size businesses in four major markets: enterprise IT and telecom, consumer technology, healthcare and healthcare IT, and industrial equipment and technology. TSIA's editorial blog, Inside Technology Services, is widely recognized by technology service professionals for providing thought leadership and insights into industry trends and best practices. Visit us at www.tsia.com, follow us on Twitter @TSIACommunity, or connect with us on LinkedIn and Google+.

    CONTACT: Media Contact for Rapid7: Rachel Adam Rapid7, Senior PR Manager +1 (857) 415-4443 press@rapid7.com Media Contact for TSIA: Trisha Bright 858-674-5491 trisha.bright@tsia.com

  • Rapid7 Honored with STAR Award for Services Excellence at TSW 2015 Service Transformations Conference

    BOSTON, Oct. 29, 2015 (GLOBE NEWSWIRE) -- Rapid7, Inc. (NASDAQ:RPD), a leading provider of security data and analytics solutions, has been named the winner of the Fall 2015 Technology Services Industry Association (TSIA) STAR Award for Innovation in Enabling Customer Outcomes/Customer Success & Support, SMB Level. The award was announced on October 21 at the Technology Services World (TSW) 2015 Service Transformations conference in Las Vegas.

    The TSIA STAR Award for Innovation in Enabling Customer Outcomes/Customer Success & Support recognizes the company that demonstrates the most innovative approach, through customer success and support services, to assisting customers in realizing the maximum business value from the use of its products.

    Rapid7 provides security data and analytics solutions and services to help organizations reduce the risk of breach, detect and investigate cyber attacks, and build effective security programs. The Company was recognized for its unified Customer Success organization, which includes Sales Engineering, Global Services, Customer Success Management, and Learning & Support functions. Working together across these functions, the collective team helps align priorities to drive adoption, promote learning, and value realization, which enables customers to improve their overall security posture.

    "Helping our customers mitigate risk is the driving principle behind everything we do. We know that constantly innovating, adapting to the threat landscape, and giving customers the support and knowledge they need is critical to their success," said Mike McKee, senior vice president of Services and Customer Support. "Building meaningful customer partnerships is at the center of our core values and has always been key to Rapid7's business growth."

    "Now in its 25th year, the STAR Awards program has become a long-standing honor in the technology services industry, recognizing organizations that set the standard for leadership and dedication to this important market space," said J.B. Wood, president and CEO of TSIA. "Rapid7 has clearly demonstrated its high-level commitment to delivering world-class results, and it is truly an honor to recognize them for their dedication to excellence."

    Companies seeking the STAR Award undergo a rigorous evaluation process, with the winners selected by TSIA's service discipline advisory board members. Since its inception in 1990, the STAR Awards have become one of the highest honors in the technology services industry, acknowledging the contribution of companies of all sizes to the continual improvement of technology services delivery industry-wide. For information on the STAR Awards, go to www.tsia.com/awards_and_certifications/star_awards.html

    About Rapid7

    Rapid7 is a leading provider of security data and analytics solutions that enable organizations to implement an active, analytics-driven approach to cyber security. We combine our extensive experience in security data and analytics and deep insight into attacker behaviors and techniques to make sense of the wealth of data available to organizations about their IT environments and users. Our solutions empower organizations to prevent attacks by providing visibility into vulnerabilities and to rapidly detect compromises, respond to breaches, and correct the underlying causes of attacks. Rapid7 is trusted by more than 4,150 organizations across 90 countries, including 34% of the Fortune 1000. To learn more about Rapid7 or get involved in our threat research, visit www.rapid7.com.

    About TSIA

    The Technology Services Industry Association (TSIA) is the world's leading organization dedicated to advancing the business of technology services. Technology services organizations large and small look to TSIA for world-class business frameworks, best practices based on real-world results, detailed performance benchmarking, exceptional peer networking opportunities, and high-profile certification and awards programs. TSIA corporate members represent the world's top technology companies as well as scores of innovative small and mid-size businesses in four major markets: enterprise IT and telecom, consumer technology, healthcare and healthcare IT, and industrial equipment and technology. TSIA's editorial blog, Inside Technology Services, is widely recognized by technology service professionals for providing thought leadership and insights into industry trends and best practices. Visit us at www.tsia.com, follow us on Twitter @TSIACommunity, or connect with us on LinkedIn and Google+.

    CONTACT: Media Contact for Rapid7: Rachel Adam Rapid7, Senior PR Manager +1 (857) 415-4443 press@rapid7.com Media Contact for TSIA: Trisha Bright 858-674-5491 trisha.bright@tsia.com