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Materialise Broadens the Range of Its Software Solutions by Acquiring the CENAT Embedded Software Platform for Additive Manufacturing Control Systems
Materialise founder and CEO Fried Vancraen commented, "We are very proud to welcome the CENAT team to the
"CENAT is very enthusiastic about joining the Materialise group," stated
For 25 years, Materialise has been constantly focused on driving 3D printing forward with innovative applications, operating in an open ecosystem. The company's market-leading software offers a neutral platform to link all 3D printing applications with any 3D printer in the industry and, in 2014, Materialise announced multiple partnerships with 3D printer manufacturers to create build processors that link software even more directly with the machine. This latest acquisition will further improve the transfer of data between machine and user, enabling a potentially greater amount of print success and allowing users to manufacture even more complex and higher quality parts.
With its headquarters in Leuven,
Based in Gent,
Cautionary Statement on Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding, among other things, management's expectations regarding the benefits to Materialise associated with the CENAT acquisition and its technology, as well as the plans, objectives, expectations, strategies and prospects of the company, both financial and business. Such statements are subject to known and unknown uncertainties and risks. When used in this press release, the words "estimate," "expect," "anticipate," "project," "plan," "intend," "believe," "forecast," "will," "may," "could," "might," "aim," "should" and variations of such words or similar expressions are intended to identify forward-looking statements. These forward-looking statements are based upon management's current expectations. These expectations, beliefs and projections are given in good faith and management believes there is a reasonable basis for them. However, management cannot offer any assurance that its expectations, beliefs and projections will actually be achieved. By their nature, forward-looking statements involve risks and uncertainties because they relate to events, competitive dynamics and industry change, and depend on economic circumstances that may or may not occur in the future or may occur on longer or shorter timelines than anticipated. Management cautions readers that forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that are in some cases beyond its control. All of the forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from expectations. Management makes no commitment, and disclaims any duty to update or revise any forward-looking statements to reflect future events or changes in its expectations.
CONTACT: Investor Contacts:
Harriet Fried/ Jody BurfeningLHA +1-212-838-3777 firstname.lastname@example.org Press Contacts: Vanessa PalsenbargMaterialise T: +32-16-396-637 M: +32-484-485-183 email@example.com Cory ZiskindICR T: 646-227-1232 Cory.firstname.lastname@example.org