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  GROUPE GORGE company press release from 03/09/2018

  03/09/2018 - 18:00

Prodways presents its new MOVINGLight® V10 ceramic 3D printer at the Additive Material Exhibition 2018 in China


For a number of years Prodways, a Groupe Gorgé company, has been developing ceramic 3D printers that allow printing of parts using technical ceramic materials such as zircon, alumina and hydroxyapatite. These applications are mainly found in the electronics, medical, aeronautics and luxury goods markets. The Prodways' ProMaker V6000 ceramic 3D printer has sold more than ten machines in this niche market, which is set to expand.

In order to address new and larger applications, Prodways announces the launch of its new MOVINGLight® V10 ceramic 3D printer. This more compact printer has an enlarged platform and continues to offer the benefits of accuracy and productivity provided by MOVINGLight® technology, at a competitive price. In extending its range of ceramic machines, Prodways is one of the only companies capable of printing using highly viscous materials, with very high ceramic content, and thereby more easily achieving ceramic density in excess of 99%.

Prodways will present this new printer in preview to the Chinese market at the Additive Material Exhibition 2018 at Xi'An, China, from September 6 to 8, 2018. The Chinese market represents the largest ceramics market. On this occasion, Prodways also announces the first two sales of its new MOVINGLight® V10 to two Chinese customers who have already ordered the machine as part of an “Early adopter” program enabling them to test the technology.


Next report: Publication of half-year results on Friday September 14, 2018 before market opening.
 

Contact 
Groupe Gorgé - Raphaël GORGÉ – CEO & Chairman - Tel.: +33 1 44 77 94 77 - E-mail: contact@groupe-gorge.com
Finance News – Natacha MORANDI – Analysts/Investors Relations - Tel.: +33 1 53 67 36 94 - E-mail: nmorandi@actus.fr
Finance News – Jean-Michel MARMILLON – Press Relations - Tel.: +33 1 53 67 36 73 - E-mail: jmmarmillon@actus.fr
 

About Groupe Gorgé

Founded in 1990, Groupe Gorgé is an independent group that specializes in high-tech industries. Today, the Group is active in the fields of security and protection in extreme environments, as well as in the 3D printing sector. In its more than twenty-five year history, Groupe Gorgé has always developed and driven the latest technological and industrial innovations.

Smart Safety Systems: Developing complete, innovative technological solutions for complex missions in hostile and confined environments.

Protection of High-Risk Installations: Protecting people and ensuring the active and passive protection of installations for energy markets and industrial and tertiary sectors in France. Ensuring the maintenance of these protection systems.

3D Printing: Enabling major industry players to find new routes to successful innovation and production processes by providing 3D printers, premium material, software and 3D printed parts.

In 2017, the Group reported revenue of €276.7 million. It is backed by 2,000 employees and operations in over ten countries.

More information available on www.groupe-gorge.com


Groupe Gorgé is listed on Euronext Paris Compartment B.

ISIN code: FR0000062671

Ticker code: GOE


Disclaimer

GROUPE GORGE press releases may contain forward-looking statements regarding GROUPE GORGE's targets. These forward-looking statements reflect GROUPE GORGE's current expectations. Such forward-looking statements and targets depend on known and unknown risks, uncertainties and other factors that could cause actual results, performance or events to differ materially from those anticipated herein. The risks and uncertainties that could affect the Group's future ability to achieve its targets include, in addition to those indicated in the press release: the strength of competition; the development of markets in which the Group operates and notably the 3D printing division; currency fluctuations; obtaining the export authorizations that may be required for certain activities; control of costs and expenses; changes in tax legislation, laws, regulations or their enforcement; our ability to successfully keep pace with technological advances; our ability to attract and retain qualified personnel and key staff; the evolution, interpretation and uniform application and enforcement of International Financial Reporting Standards (IFRS), according to which we prepare our financial statements; manufacturing and supply chain bottlenecks; the performance of our business partners (subcontractors, agents, suppliers, etc.). Some of these risk factors are set forth and detailed in our Document de Référence (Registration Document including the annual financial report filed with the French Autorité des Marchés Financiers), available on our website www.groupe-gorge.com. This list of risks, uncertainties and other factors is not limitative. Other unanticipated, unknown or unforeseeable factors, such as changes in the economic situation or financial markets, could also have a material adverse effect on our targets.

This press release and the information it contains do not constitute an offer to sell or to subscribe, or a solicitation to purchase or subscribe shares or securities in GROUPE GORGE or in its listed subsidiaries in any country whatsoever.



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