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PRODWAYS (EPA:PWG) New success in Switzerland for Prodways’ ProMaker L5000 D for medical applications

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13/02/2018 18:00

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A few days before Lab Day Chicago, a major dental tradeshow where Prodways Technologies will exhibit in booth B-61, Fischler Dental AG, a leading Swiss dental laboratory, renewed its trust in Prodways Technologies with the purchase of its second MOVINGLight® ProMaker L5000 D dental 3D printer to increase its dental model production capacity while maintaining the precision and quality that have made its reputation.

According to the latest dental market reports[1], the intra-oral dental 3D scanner market is predicted to reach a CAGR of 10.4% by value from 2016 to 2020. This market, estimated at US$ 189.1 million in 2015, is forecast to grow to US$ 310.4 million by 2020, thereby accelerating the demand for digital workflow in the dental field. With the increasing use of intra-oral scanners in Switzerland, Fischler Dental AG has seen an explosion in the demand for its dental models over the past years. As a result, Fischler Dental AG became one of the first dental laboratories in Switzerland to invest in industrial dental 3D printers to handle growing demand, increase production capacity and decrease per-unit-cost. 

Over time, Fischler Dental AG has tested numerous dental 3D printers, including Prodways' exclusive MOVINGLight® technology, and developed true expertise in dental model production and high-quality processes. Consequently, upon reviewing all of the latest dental 3D printers, Fischler Dental AG chose to renew its trust in Prodways Technologies with the purchase of its second MOVINGLight® 3D ProMaker L5000 D printer.

Mr. Titus Fischler, CEO of Fischler Dental AG, stated that: “Over the years, I've spent a lot of time testing many dental 3D printers. Prodways' MOVINGLight® dental 3D printers are the only ones to insure industrial productivity and repeatability for professional dental laboratories. Thanks to their highly reliable technology, we can guarantee our customers consistently precise, high-quality restorations in very short time-frames.

Additionally, and contrary to other 3D printer manufacturers, with Prodways, we get the benefit of a very high level of customer support throughout our whole process. Prodways engineers work very closely with our teams to provide the quickest and most reliable solutions for our dental model production. Thanks to this collaborative work to optimize our costs and process speed, we are winning market share daily”.

Fischler Dental AG has also benefited from Prodways Materials' expertise in the development of printing resins for the dental industry. Following a needs analysis of Fischler Dental AG, which was looking for materials that are easy to work with, it proposed the dental 3D printing resin PLASTCure Model 320 which combines high accuracy and excellent resolution for 3D printed dental model applications and work.

This new announcement with Fischler Dental AG confirms the Prodways Group's expertise in the dental segment. It marks a sizeable step forward in becoming the most significant player in the dental industry's highly specialized 3D printing market.

  • Next financial release

Publication of 2017 revenue on February 23, 2018 before stock market opening

  • About Prodways Group

PRODWAYS GROUP is a specialist in industrial and professional 3D printing with a unique positioning as an integrated European player. The group has developed right across the 3D printing value chain (software, machines, materials, parts & services) with a high value added technological industrial solution. PRODWAYS GROUP offers a wide range of 3D printing software, systems and premium composite, hybrid and powder materials (SYSTEMS division). The company also manufactures and markets parts on demand, prototypes and small production run 3D printed items in plastic and metal (PRODUCTS division). The Group targets a significant number of sectors, from aeronautics to healthcare.

In 2017, the group generated revenue of €25.2 million, including 58% outside of France. Building on revolutionary and proprietary technology, MOVINGLight®, PRODWAYS GROUP today has global visibility in the industrial 3D printing sector and with leading customers.

PRODWAYS GROUP is a Groupe Gorgé company.

For further information: www.prodways-group.com

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@Prodways

PRESS CONTACTS
Prodways
– Cindy Mannevy
Communication Manager
Tel: +33 (0)130 229384/c.mannevy@prodways.com
 
Actus Finance – Jean-Michel Marmillon
Financial Press Relations
Tel: +33 (0)153 673673/jmmarmillon@actus.fr

INVESTOR CONTACTS

Prodways Group – Raphaël Gorgé

Chairman and CEO

Tel: +33 (0)144 779480

Actus Finance – Anne-Pauline Petureaux

Investor Relations

Tel: +33 (0)1 53 67 36 72/apetureaux@actus.fr

Releases from the Prodways Group may contain forward-looking declarations with statements of objectives. These forward-looking statements reflect the current expectations of the Prodways Group. Their realization, however, depends on known or unknown risks, uncertainties and other factors that may cause actual results, performance or events to differ significantly from those previously anticipated. The risks and uncertainties that might affect the Group's future ability to achieve its targets are reiterated and presented in detail in our Basis Document available on the Prodways Group's website (www.prodways-bourse.com). This list of risks, uncertainties and other factors is not exhaustive. Other unanticipated, unknown or unpredictable factors may also have significant negative effects on the achievement of our objectives.

The current release and the information contained therein do not constitute an offer to sell or to subscribe, nor a solicitation for an order to purchase or subscribe to shares in Prodways Group or in any subsidiaries thereof listed in whatsoever country.

 

[1] *Source: Global Dental 3D scanners Market Assessment & Forecast: 2016-2020



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Full and original press release in PDF:
https://www.actusnews.com/documents_communiques/ACTUS-0-52022-pr_new_success_in_switzerland_for_prodways_technologies.pdf
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