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First CEO Summit Held in California

FORT COLLINS, COLORADO, USA, May 26, 2010—The additive manufacturing industry's first CEO Summit was held on May 19, 2010 in Anaheim, California. It coincided with the RAPID 2010 and 3D Imaging Conference & Exposition. The Summit was originally scheduled to be held on April 21 in Leuven, Belgium at the Materialise World Conference and Visionary Summit on Additive Manufacturing. Dust clouds from the Iceland volcano prevented most CEOs and others from traveling to Belgium, so it was postponed until last week.

The purpose of the meeting was to brainstorm ways in which the major stakeholders in the additive manufacturing industry could create greater awareness of the technology and collectively expand the market. The initial consensus was to explore the possibility of securing a world-class public relations agency that could represent the industry.

Among those in attendance were CEOs from Arcam, Envisiontec, EOS, Stratasys, 3D Systems, and Z Corp. Wilfried Vancraen, managing director and chief executive officer of Materialise, organized the meeting and led the discussions.

The market for additive manufacturing in 2009, consisting of all products and services worldwide, declined 9.7% to an estimated $1.068 billon, down from $1.183 billion the year before, according to Wohlers Report 2010. The industry grew by 3.7% in 2008 and 16% in 2007.