3D Systems elects new board member
"We believe that Richard Spalding will be an excellent addition to the 3D Systems Board of Directors," said G. Walter Loewenbaum II, chairman of the board. "His wide ranging expertise in public company legal issues, his familiarity with financing transactions as well as administrative issues are expected to be of great assistance as we move forward with our corporate development strategy."
Spalding has nearly 25 years of experience advising public and private companies on legal and financial issues. A graduate of Phillips Academy, Harvard University, Cum Laude, Columbia University School of Law, Law Review and Kent Scholar, 1974 and 1976, he began his legal career as an associate with the legal firm O'Melvaney & Meyers. He joined Brobeck, Phleger and Harrison in 1977 and was named partner in 1982. During his more than 14 years with Brobeck, he co-founded the firm's Palo Alto, CA, (Silicon Valley) office and later headed the firm's San Francisco corporate group, where he co-chaired the Strategic Planning Committee.
In November 1991, he joined the investment banking firm Alex Brown & Sons and was named managing director in January 1992. He headed West Coast investment banking activities and was responsible for overseeing the creation and supervision of Alex Brown's office in Japan.
In March 1996, he joined Fusion Medical Technologies serving as vice president of finance and corporate development, a post he still holds. From 1997 to 1999, he also served as vice president and chief financial officer of Portal Software, an Internet billing company. He joined ABS Ventures as healthcare general partner in January 2000.
About 3D Systems
3D Systems provides solid imaging products and services that substantially reduce the time and cost required to design, test and manufacture products. The company's systems utilize patented technologies that create physical objects from digital input.
3D Systems currently offers the ThermoJet office printer and SLA industrial systems, which include proprietary software and materials. Product pricing in the U.S. begins at $49,995 for the company's entry-level printer and extends up to $799,000 for its feature-rich industrial SLA system. These products offer a wide range of applications to a variety of industries.
Based in Valencia, CA, 3D Systems was founded in 1986 and is recognized as the world technology and market leader in solid imaging. For additional information, visit the company's Website at www.3dsystems.com or phone 888-337-9786, ext. 757. For an investor packet, call the company's shareholder communications service at 800-757-1799.
<%=company1%>, 26081 Avenue Hall, Valencia, CA 91355. Tel: 661-295-5600, ext. 2886. Fax: 661-294-8406.
Source: 3D Systems, Inc.