ROCK HILL, S.C., March 3, 2011 (GLOBE NEWSWIRE) -- 3D Systems Corporation (Nasdaq:TDSC) today announced the filing with the Securities and Exchange Commission of a new shelf registration statement and a proposed public offering of 2,040,000 shares of its common stock. Of the total number of shares offered, 1,300,000 are being offered by 3D Systems and 740,000 by certain current stockholders. The Company and those stockholders also granted an option to underwriters, exercisable on a pro rata basis, to purchase up to an additional 306,000 shares of stock if the other offered shares are sold. 3D Systems intends to use the net proceeds from its offering for general corporate purposes, including potential acquisitions. The Company will not receive any proceeds from the sale of shares by the selling stockholders.
Barclays Capital is acting as sole book-running manager, with Canaccord Genuity and Needham & Company, LLC acting as co-managers for the offering.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Copies of the prospectus supplement and accompanying base prospectus relating to this offering may be obtained from Barclays Capital Inc. at c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, or by email at barclaysprospectus@broadridge.com, or by calling 888-603-5847. Before investing, you should read the prospectus supplement, the accompanying prospectus and other documents filed by the Company with the Securities and Exchange Commission for information about the Company, the selling stockholders and this offering. You may obtain these documents free of charge by visiting the SEC's website at www.sec.gov.
Forward-Looking Statements
Certain statements made in this release that are not statements of historical or current facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to be materially different from historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements that explicitly describe such risks and uncertainties, readers are urged to consider statements in the conditional or future tenses or that include terms such as "believes," "belief," "expects," "estimates," "intends," "anticipates" or "plans" to be uncertain and forward-looking. Forward-looking statements may include comments as to the company's beliefs and expectations as to future events and trends affecting its business and are necessarily subject to uncertainties, many of which are outside the control of the company. The factors described under the headings "Forward-Looking Statements," "Cautionary Statements and Risk Factors," and "Risk Factors" in the company's periodic filings with the Securities and Exchange Commission, as well as other factors, could cause actual results to differ materially from those reflected or predicted in forward-looking statements.
About 3D Systems Corporation
3D Systems is a leading provider of 3D content-to-print solutions including 3D printers, parts and production systems. Its expertly integrated rapid prototyping and manufacturing solutions reduce the time and cost of designing new products and printing real parts directly from digital input. These solutions are used to design, communicate, prototype and produce functional end-use parts; customers create with confidence.
More information on the company is available at www.3DSystems.com, www.printin3D.com, www.toptobottomdental.com, www.3Dproparts.com, www.bitsfrombytes.com, www.quickparts.com, www.dpt-fast.com, blog.3dsystems.com, or via email at moreinfo@3Dsystems.com.
The 3D Systems Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4537
CONTACT: Investor Contact: Stacey Witten 803-326-4010 E-mail: WittenS@3dsystems.com Media Contact: Katharina Hayes 803-326-3941 Email: HayesK@3dsystems.com