Financial news release

Prodways Group equips the French Army with ProMaker P1000 3D printers for its external operations

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Paris, 28 May 2019, at 6:00 PM,

Prodways Group announces the order by the Integrated Structure for Maintaining Land Equipment in operational condition (SIMMT) of two ProMaker P1000 3D printers in order to validate the benefits of 3D printing for manufacturing spare parts in real conditions.

These two printers will equip the SIMMT which supports all Army units. They will be delivered by summer 2019.

The first ProMaker P1000 printer will be containerized for deployment in external operations. This solution enables the production of spare parts on demand directly on the ground in full autonomy.

The second 3D printer will equip the Tulle detachment of the 13th Material Support Base (BSMAT) which ensures operational support of the deployed additive manufacturing chain from France.

Prodways Group will supply the materials and train the operators.

Additive manufacturing is used in a growing number of applications in the defence sector, where it enables inventory reductions and ensures the availability of certain spare parts. This initial deployment with the Army could offer other opportunities within French and foreign Armed Forces (Army, Navy and Air Force), and also in the offshore sector.

  • 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 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.

Listed on Euronext Paris, the Group reported in 2018 revenue of €61 million.

Prodways Group is a Groupe Gorgé company.

For further information: www.prodways-group.com

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  • CONTACTS

INVESTOR CONTACTS

Actus Finance – Anne-Pauline Petureaux

Investor relations

Tel : +33 (0)1 53 67 36 94/apetureaux@actus.fr

PRESS CONTACTS

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Press relations

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Actus Finance – Manon Clairet

Financial press relations

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  • DISCLAIMER

Releases from the Prodways Group may contain forward-looking declarations with statements of objectives. These forward-looking statements reflect the current expectations of 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 Annual financial report on Prodways Group's website (www.prodways-group.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.


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