NESS ZIONA, Israel, Aug. 5, 2015 /PRNewswire/ -- Nano Dimension, a leading printing electronics company in the area of 3D printing (TASE: NNDM, OTCQB: NNDMY), announced today that Nano Dimension Technologies, a fully owned subsidiary of Nano Dimension, has joined forces with another Global Fortune 500 company to demonstrate the suitability of 3D printed electronics technology. The goal of this work is to establish the applicability of Nano Dimension's 3D PCB printing technology for electronics components in the semi-conductor space. The partner company wishes to leverage 3D printing to accelerate development cycles while also reducing development risk. As a result of the collaboration, Nano Dimension will gain valuable exposure to the global semiconductor sector and will introduce its revolutionary 3D printing technology to early adopters.
About Nano Dimension
Nano Dimension was founded in 2012 and focuses on the research and development of advanced 3D electronics printing, including a printer for printing PCBs (printed circuit boards), and the development of nanotechnology- based ink products, which are complementary products for 3D printers.
The company was established by four seasoned entrepreneurs, Sharon Fima, Amit Dror, Simon Fried and Dagi Ben-Noon, whose backgrounds are in world-class digital print companies and technology companies.
Nano Dimension uses a unique, novel technology which combines three technologies: inkjet, 3D printing and advanced nanotechnology, enabling the use of conductive ink for printing the conductors on PCBs. By integrating innovative, groundbreaking technologies, Nano Dimension is developing a unique and innovative 3D printer, which is capable of printing multi-layer PCBs, and supplies conductive Nano-inks to other fields in the electronics market.
Nano Dimension trades on OTCQB Market in U.S and on the TASE in Israel. The Bank of New York Mellon serves as the depositary for Nano Dimension. Investors can find current financial disclosure and Real-Time Level 2 quotes for Nano Dimension on http://www.otcmarkets.com/stock/NNDMY, the content of which is not part of this press release.
This press release contains forward-looking statements, including but not limited to forward-looking information, as defined in the 1968 Israeli Securities Law. 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. For example, we are using forward-looking statement when we discuss the benefits from the collaboration with the Global 500 Company, that we will gain valuable exposure to the global semiconductor sector and will introduce its revolutionary 3D printing technology to early adopters.
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.
Miri Segal-Scharia Hayden/ MS-IR LLC
SOURCE Nano Dimension