) inked a deal earlier this week with Sindoh, South Korea's
leading 2D printer manufacturer, for the distribution of consumer
3D printers in South Korea. will distribute 3D Systems' Cube and
CubeX consumer 3D printers. Nonetheless, the news hardly cheered
investors' mood as 3D Systems' shares dropped 0.7% on Nov
Cube and CubeX consumer printers are affordable and are widely
used across offices, classrooms and homes. Therefore,
distributing these products in South Korean markets was an
attractive option for Sindoh. Sindoh has about 500 reseller
channels and decades of expertise in sales and services of office
Apart from distributing the Cube and CubeX printers, Sindoh
also intends to develop its website so as to include 3D content
and open 3D printing experience showrooms, primarily dedicated to
introducing customers to 3D printing. While on the other hand, 3D
Systems will benefit from increased geographical presence with a
vast distribution network.
3D Systems is a leading provider of 3D content-to-print
solutions including 3D printers, print materials and on-demand
custom parts services for professionals and consumers alike. In
addition, the company also provides creative content development
and design productivity tools. The company also provides software
design tools including CAD, reverse engineering and inspection
and consumer 3D printers, apps and services.
On Nov 4, 3D Systems announced that it plans to exhibit
next-generation advanced manufacturing solutions at EuroMold 2013
in Frankfurt, Germany, between Dec 3 to 6 at the Frankfurt Messe.
At this expo, the company intends to display its new range of
professional ProJet3D printers. This new printer solution will
include advanced features powered by new Geomagic Solutions
design and inspection tools.
3D Systems currently holds a Zacks Rank #3 (Hold). Other
companies in the industry which are worth considering at the
Electronics for Imaging, Inc
Bottomline Technologies (de), Inc
TransAct Technologies Inc.
). Electronics for Imaging and Bottomline Technologiescarry
a Zacks Rank #1 (Strong Buy), while TransAct Technologies
Incorporated has a Zacks Rank #2 (Buy).
3D SYSTEMS CORP (DDD): Free Stock Analysis
ELECTRN IMAGING (EFII): Free Stock Analysis
BOTTOMLINE TECH (EPAY): Free Stock Analysis
TRANSACT TECH (TACT): Free Stock Analysis
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