3D Systems Announces New Leader of Software Business

November 12, 2018

  • Radhika Krishnan brings consistent track record for customer-first approach to driving aggressive growth with emerging technologies
  • Software workflow business positioned to deliver new levels of automation and accelerate design processes

ROCK HILL, South Carolina, November 12, 2018 – Today, 3D Systems (NYSE: DDD), the originator of 3D printing, announced Radhika Krishnan as senior vice president and general manager of its software workflow business, reporting directly to Vyomesh Joshi, president and chief executive officer.

In her role, Krishnan will focus on realizing 3D Systems vision to radically transform additive manufacturing by driving higher levels of simplicity, automation, and collaboration through software.

Krishnan joins the company from the Lenovo Datacenter Group where as vice president and general manager of the Software Defined Infrastructure business, she built teams from scratch, launched multiple products, and drove rapid growth.  While at Lenovo, she was a member of the senior leadership team managing a globally diverse organization across multiple functions. Prior to Lenovo Datacenter Group, Krishnan held leadership roles in software product development as well as go to market at Nimble Storage, NetApp, Cisco and HP .

“Software is core to the 3D Systems’ strategy and enables us to help transform customers’ manufacturing environments,” said Vyomesh Joshi, president and chief executive officer.  “We plan to double down on software and continue to build out the industry’s leading portfolio to provide our customers with world-class solutions that address even the most complex and unique production workflows. Radhika brings tremendous experience and a proven ability to seamlessly incorporate emerging technologies into solution offerings that deliver scale for the business and greater ease of use for the customer. We’re excited to have Radhika in this key leadership role as we take our software portfolio forward.”

3D Systems recently unveiled an updated end-to-end software portfolio at IMTS 2018. The portfolio now provides an unprecedented level of automation to accelerate design and production processes for customers giving them a competitive advantage to create and bring new products to market faster.

“3D Systems created the 3D printing category and has continued to drive innovation within it – a major piece of that has been in software. Our software capabilities provide customers peace of mind knowing they can improve their additive manufacturing productivity while achieving a strong return on investment,” noted Krishnan. “Scaling additive manufacturing processes is contingent on having a strong digital backbone that can help customers innovate, optimize their production workflows and eliminate barriers. Software plays a vital role in that, and I look forward to collaborating with colleagues, partners and customers to unlock new possibilities.”

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 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 or projections expressed or implied by such forward-looking statements. In many cases, forward looking statements can be identified by terms such as "believes," "belief," "expects," "may," "will," "estimates," "intends," "anticipates" or "plans" or the negative of these terms or other comparable terminology. Forward-looking statements are based upon management’s beliefs, assumptions and current expectations and 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" 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. Although management believes that the expectations reflected in the forward-looking statements are reasonable, forward-looking statements are not, and should not be relied upon as a guarantee of future performance or results, nor will they necessarily prove to be accurate indications of the times at which such performance or results will be achieved. The forward-looking statements included are made only as the date of the statement. 3D Systems undertakes no obligation to update or review any forward-looking statements made by management or on its behalf, whether as a result of future developments, subsequent events or circumstances or otherwise.

About 3D Systems

3D Systems is the originator of 3D printing and an innovator of future 3D solutions. It has spent its 30-year history enabling professionals and companies to optimize their designs, transform their workflows, bring groundbreaking products to market and drive new business models. This is achieved with the Company’s best of breed digital manufacturing ecosystem. It’s comprised of plastic and metal 3D printers, print materials, on demand manufacturing services and end-to-end manufacturing software solutions. Combinations of these products and services address a variety of advanced applications- ranging from Aerospace, Automotive, and Consumer Goods to Medical, Dental, and Jewelry. For example, 3D Systems’ precision healthcare capabilities include simulation, Virtual Surgical Planning, and printing of medical and dental devices as well as patient-specific surgical instruments. More information on the company is available at www.3dsystems.com.