Objet Signs a Distribution Agreement with CIM Co., Strengthening Foothold in the Mexican 3D Printing Market

REHOVOT, Israel, April 18, 2012 /PRNewswire/ --

Objet Ltd., the innovation leader in 3D printing for rapid prototyping and additive manufacturing, today announced it has signed a distribution agreement with CIM Co, the Mexican company specializing in CAD/CAM, CAE, rapid prototyping & 3D Scanning, inspection & deformation analysis.

Together, both companies will step up the presence of Objet's 3D Printers and materials in the Mexican market. CIM Co. clients include automotive and aerospace companies, as well as a range of companies in the plastics, electronics, stamping, casting and heavy industry, and shoe industries.

"Mexico is a key strategic market for Objet," said Gilad Gans, Executive Vice President for Objet. "We are delighted to team up with a savvy partner that supplements our 3D printing offering with a strong footprint in Mexico, together with world-class service and industry knowledge. There is no doubt that a key success factor for us is a strong local presence, and CIM Co. will be instrumental in helping drive our continued growth in this market."

Objet's activities in the Mexican region are handled by Objet's Emerging Markets division, which is focused on markets with strong growth potential for rapid prototyping and 3D printing. Objet's Mexican partners and customers in Mexico and Central America benefit from significant sales, marketing and operation investments, under the management of Andrew Dehart, Objet's recently-hired Regional Manager for Central America. Dehart has two decades of experience in rapid prototyping and 3D Printing, including 11 years as ZCorporation's VP of Western Hemisphere Sales and three years helping launch the Stratasys 3D Printing program.

Hans Schwerdt, General Manager of CIM Co, added: "Objet's high-quality prototype solutions and its highly versatile material offering are perfectly suited to the market segments we serve. As it addresses a wide range of needs in multiple industries, the Objet offering is an excellent fit with our broad customer base and contact network."

About CIM Co.

Established in 1991, CIM Co. is a leading Mexican company specializing in CAD/CAM, CAE, rapid prototyping & 3D Scanning, inspection & deformation analysis. Based in Tlalnepantla (Mexico City metropolitan area), CIM Co. serves 385 companies in Mexico, Central America, and the Caribbean.

About Objet

Objet Ltd. is a leading provider of high quality, cost effective inkjet-based 3D printing systems and materials. A global company, Objet has offices in North America, Europe, Japan, China, Hong Kong, and India.

Objet's 3D printing systems and 3D printing materials are ideal for any company involved in the manufacture or design of physical products using 3D software or other 3D content. Companies using Objet's solutions can be typically found in sectors such as consumer goods & electronics, aerospace & defense, automotive, education, dental, medical and medical devices, architecture, industrial machinery, footwear, sporting goods, toys and service bureaus.

Founded in 1998, the company has thousands of customers worldwide including a substantial share of the relevant Fortune 100 and Fortune 500. Its award-winning technology (13 awards in 8 years) is based upon over 110 patents and patent pending inventions.

Objet's advanced 3D printing systems and range of about 70 materials enable professionals to build prototypes that accurately simulate the true look, feel and function of an end-product, even complex, assembled goods. The Objet Connex™ line of multi-material 3D printers features the world's only technology to simultaneously jet 2 materials. With this, users can print many different materials into a single part and print various mixed parts on the same build tray. Users can also create advanced composite materials, or Digital Materials™ featuring unique mechanical and thermal properties. Objet's range of about 70 3D printing materials simulate properties ranging from rigid to rubber-like, transparent to opaque and standard to ABS-grade engineering plastics, with a large number of in-between shore grades and shades.

Objet's 3D printers are available in a range of form-factors, from cost-effective desktop 3D printers ideal for entry-level professionals all the way to industrial-scale multi-material machines for front-line designers and top manufacturers. Objet's 3D printers feature the industry's highest-resolution 3D printing quality, based on 16-micron (0.0006 in.) super-thin layering, wide material versatility, office friendliness and ease of operation.

For more information, visit us at http://www.objet.com, and for more about 3D printing industry-related news, business issues and trends, read the Objet blog.

©2012 Objet, Objet24, Objet30, Objet Studio, Quadra, QuadraTempo, FullCure, SHR, Eden, Eden250, Eden260, Eden260V, Eden330, Eden350, Eden350V, Eden500V, Job Manager, CADMatrix, Connex, Connex260, Connex350, Connex500, Alaris, Alaris30, PolyLog, TangoBlack, TangoGray, TangoPlus, TangoBlackPlus, VeroBlue, VeroBlack, VeroClear, VeroDent, VeroGray, VeroWhite, VeroWhitePlus, Durus, Digital Materials, PolyJet, PolyJet Matrix, ABS-like and ObjetGreen are trademarks or registered trademarks of Objet Geometries Ltd. and may be registered in certain jurisdictions. All other trademarks belong to their respective owners.

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SOURCE Objet Ltd