May 18, 2022

Desktop Metal Launches ETEC 3D Printer Brand Focused on Industrial Manufacturers

ETEC is a bold new AM 2.0 brand launched from the assets of EnvisionTEC as it celebrates its first anniversary as part of Desktop Metal

BOSTON, February 10, 2022–(BUSINESS WIRE)–Desktop Metal (NYSE:DM), a global leader in additive manufacturing technologies for mass production, today announced the launch of ETEC, a new 3D printing brand that will enable to EnvisionTEC, the original inventor of digital light (DLP) to better connect with industrial customers.

This press release is multimedia. View the full press release here: https://www.businesswire.com/news/home/20220210005529/en/

The new ETEC logo is an aerial representation of its iconic build deck, in which resin is transformed by a digital light projector into anything customers could imagine. ETEC’s digital light processing (DLP) 3D printers, which are best known for their extreme levels of precision and surface finish, have been leaders in the healthcare, dental, medical and jewelry industries since 2002 (Photo: Business Wire)

The new brand’s logo is an aerial representation of DLP’s iconic build deck, in which resin is transformed by a digital light projector into anything customers could imagine. It is associated with an updated, structured, fluid, bold and durable look and feel, and a new go-to-market strategy.

Best known for their extreme levels of precision and surface finish, EnvisionTEC 3D printers have been leaders in the healthcare, dental, medical and jewelry industries since 2002. After Desktop Metal acquired EnvisionTEC in 2021, the company launched Desktop Health to focus on healthcare. and dental clients. Going forward, ETEC (pronounced ē-tek) will focus on providing its high-speed photopolymer 3D printing solutions to volume manufacturers of consumer and industrial products.

“Desktop Metal’s integration strategy is to focus on customers and their application needs first, so we can build the most personalized and compelling business case for them to adopt desktop technologies. additive manufacturing 2.0 for mass production,” said Ric Fulop, Founder and CEO of Desktop Metal. “Our launch of ETEC and Desktop Health allows us to speak more directly to specific customers with targeted needs and better serve them. ETEC offers incredibly powerful 3D printers paired with proprietary materials that are already driving a new wave of consumer and industrial innovation.

By strategically integrating 3D printing technologies, materials, software and applications, Desktop Metal aims to propel a growing number of manufacturers towards AM 2.0 so that they can benefit from increased design flexibility, reduced waste, improved time to market and greater financial savings while de-risking their supply chains.

For example, ETEC has partnered with Adaptive3D, another subsidiary of Desktop Metal, to offer its best 3D printed photo elastomers exclusively on ETEC additive manufacturing systems, optimizing their performance through tight integration between hardware and materials. . ETEC now offers one of the broadest portfolios of photopolymer 3D printing materials, including Elastic Tough Rubber 90 (ETR 90), the most tear-resistant elastomer on the market. ETR can already be found in products on store shelves, including power tool adapters and recoil pads, with additional applications for Adaptive3D’s broader library of elastomers in consumer and industrial applications. such as shoe midsoles, seat cushions, etc.

Although the ETEC brand remains rooted in the original EnvisionTEC name, customers may see either name referenced in certain documents.

About Desktop Metal
Desktop Metal, Inc., based in Burlington, Massachusetts, is accelerating manufacturing transformation with a broad portfolio of 3D printing solutions from rapid prototyping to mass production. Founded in 2015 by leaders in advanced manufacturing, metallurgy and robotics, the company addresses the unmet challenges of speed, cost and quality to make additive manufacturing an essential tool for engineers and manufacturers around the world. Desktop Metal was selected as one of the World’s 30 Most Promising Technology Pioneers by the World Economic Forum, named to MIT Technology Review’s 50 Smartest Companies list, and winner of Fast Company’s 2021 Innovation by Design Award in Materials and Fast Company’s Next Big Things in Tech Award for Sustainability. For more information, visit www.desktopmetal.com.

About ETEC
A leading global provider of professional-grade additive manufacturing solutions, ETEC was founded in 2002 as EnvisionTEC. As the original inventor of digital light processing (DLP) 3D printing technology, ETEC has one of the strongest intellectual property portfolios in the photopolymer 3D printing market at scale. region, with more than 130 patents and pending patent applications. ETEC printers are known for their exceptional precision, surface quality, functionality, speed and compatibility with a wide range of photopolymer materials. ETEC is a wholly owned subsidiary of Desktop Metal. For more information, visit www.envisiontec.com.

Forward-looking statements
This press release contains certain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements are generally identified by the words “believe”, “project”, “expect”, “anticipate”, “estimate”, “intend”, “strategy”, “future”, “opportunity”. , “plan”, “may”, “should”, “will”, “would”, “will”, “will continue”, “will probably result” and similar expressions. Forward-looking statements are predictions, projections and other statements regarding future events that are based on current expectations and assumptions and, therefore, are subject to risks, uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements contained herein, including, but not limited to, the risks and uncertainties set forth in Desktop Metal, Inc.’s filings with the United States Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to place undue reliance on any forward-looking statements, and Desktop Metal, Inc. undertakes no obligation and does not intend to update or revise any such forward-looking statements, whether as a result new information, future events or otherwise. .

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220210005529/en/

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