Nano Dimension Expands Presence in the US, Ofir Baharav Joins Board of Directors

Nov 02, 2015, 12:44 ET from Nano Dimension

NESS ZIONA, Israel, Nov. 2, 2015 /PRNewswire/ -- Nano Dimension, a leading printing electronics company in the area of 3D printing (TASE: NNDM, OTCQX: NNDMY), announced yesterday that Ofir Baharav has joined the company's Board of Directors.

Mr. Baharav, currently a partner in Stratus Venture Group, has served in a range of senior roles in the 3D printing sector and has extensive experience working with the venture capital community in Silicon Valley.

He gained experience in the 3D printing industry as Vice President, Product Portfolio for Stratasys. He also founded Xjet and served as the company's CEO for six years, where he raised $60M. Previously, Mr. Baharav founded and sold a healthcare technology company, Healinx, to McKesson for $50M.

Mr. Baharav is named on more than 10 software and hardware patents and holds an MBA from Warwick Business School.

Amit Dror, CEO of Nano Dimension, commented: "Mr. Baharav is an ideal fit for the Board of Directors. His presence in the Silicon Valley area, as well as his many years of experience in digital and 3D printing, will help to strengthen the Company's relationships with customers and expand our visibility and awareness in the U.S. market."

About Nano Dimension

Nano Dimension, founded in 2012, focuses on development of advanced 3D printed electronics systems. Nano Dimension's unique products combine three advanced technologies: 3D inkjet, 3D software and nanomaterials. The company's primary products include the first 3D printer dedicated to printing multi-layer PCBs (printed circuit boards) and advanced nanotechnology-based conductive and dielectric inks.

Nano Dimension trades on OTCQX® Best Market in the U.S. and on the TASE in Israel. The Bank of New York Mellon serves as the depositary for Nano Dimension. U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for Nano Dimension on http://www.otcmarkets.com/stock/NNDMY.

This press release contains forward-looking statements. 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. These statements are only predictions based on Nano Dimension's current expectations and projections about future events.

There are important factors that could cause Nano' Dimension's actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied by the forward-looking statements.

Those factors include, but are not limited to the impact of general economic conditions, competitive products, product development risk, product demand and market acceptance risks, reliance on key strategic alliances or fluctuations in operating results. 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.

CONTACT:
INVESTOR RELATIONS:
Miri Segal-Scharia
Hayden/ MS-IR LLC
917-607-8654
msegal@ms-ir.com

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SOURCE Nano Dimension



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