Designed and Tested to Provide Better Performance over a Longer Period of Time

BROOKLYN, N.Y. — (BUSINESS WIRE) — January 4, 2016 — MakerBot, a global leader in the desktop 3D printing industry, today announced the MakerBot Smart Extruder+, a new swappable extruder for Fifth Generation MakerBot 3D Printers that is designed and tested for better print performance over a longer period of time. With improved components and an enhanced sensor system, the Smart Extruder+ is designed to provide a streamlined and reliable printing process from start to finish. MakerBot worked closely with its parent company, Stratasys, to put the Smart Extruder+ through extensive product testing and help verify its performance by two independent teams.

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“The advances we made with the MakerBot Smart Extruder+ are a big step forward and set a new benchmark in 3D printing,” said Jonathan Jaglom, CEO of MakerBot. “The extruder is the most critical part of a 3D printer and it is a part that wears out after a certain period of time and needs to be replaced. We engineered and tested the Smart Extruder+ to enhance its reliability, provide better performance and extend its lifetime. And we stand behind it by doubling our warranty to six months. Because it is swappable, the Smart Extruder+ can also reduce downtime when it’s time to replace it.”

MakerBot collaborated closely with its parent company Stratasys on the development and testing of the Smart Extruder+, benefitting from Stratasys’ 25 years of industry experience. MakerBot’s product testing initiative spanned over 160,000 cumulative hours – or 18 years – of print time. A total of 5,800 prints were completed by two groups – one at MakerBot and one at Stratasys – to help ensure independent verification of the results. In these tests, the Smart Extruder+ performed consistently and reliably for over 700 hours on a MakerBot Replicator Desktop 3D Printer, which equals 1.44 miles of MakerBot PLA Filament. In fact, over 90 percent of test units were still printing successfully at 1,200+ hours of print time. Generally, the rate of wear on extruders has many variables and is dependent on how it is used and the settings it’s configured for over time. MakerBot backs up its commitment to quality by doubling the warranty of the Smart Extruder+ to six months with no limit to the amount of MakerBot PLA put through the extruder, so customers can print with confidence.

The Smart Extruder+ features improved key components to ensure longer-lasting reliability, such as an enhanced thermal management system and an extended PTFE tube to feed the filament into the nozzle. Additional improvements include faster print start up and refined build plate leveling, the process of calibrating a 3D printer. The smart sensors within the extruder have been enhanced for better performance and to streamline the printing process from start to completion – which can save time and money. The Smart Extruder+ sensor system communicates with MakerBot Desktop and MakerBot Mobile to keep users informed about the status of a print wherever they go. For example, the filament detection sensor notifies users - on their computer or mobile phone - when filament is absent and automatically pauses a print to enable print recovery.

The streamlined printing process of the Smart Extruder+ can be especially beneficial in the classroom. "The reliability and ease of use is huge for us; it provides more students access to our MakerBot Desktop 3D Printer," said Nicholas Provenzano, a teacher at Grosse Pointe Public Schools in Michigan, who has been using the MakerBot Smart Extruder+ for several weeks. "Our students print all day in our library and I can't always be there to assist them. The MakerBot 3D Ecosystem, and especially the Smart Extruder+, makes it easy for our students to turn their ideas into physical objects. It lets them focus on the design process, which is most beneficial for their education."

The Smart Extruder+ has an MSRP of $199. It is available for pre-order now and expected to ship on January 18, 2016. Current MakerBot Fifth Generation 3D Printer customers qualify for a special price of $99 for their first MakerBot Smart Extruder+¹. The same discount is also available for new customers with the purchase of a MakerBot Fifth Generation 3D Printer. To learn more about the Smart Extruder+, visit makerbot.com/smartextruder.

The MakerBot Smart Extruder+ is the latest addition to MakerBot’s comprehensive 3D ecosystem that makes 3D printing more accessible. The MakerBot 3D Ecosystem includes MakerBot 3D printers and a 3D scanner; Thingiverse.com, the world’s largest 3D printing design community; as well as software like MakerBot Desktop and apps like MakerBot Mobile and MakerBot PrintShop. With MakerBot 3D Printers in more than 5,000 schools throughout the U.S., the MakerBot 3D Ecosystem also provides a range of resources for educators which can be found on the MakerBot Education Resource Center. MakerBot in the Classroom, for example, is a handbook with a wide variety of ideas, activities and projects to get started with 3D printing.

MakerBot, a subsidiary of Stratasys Ltd. (Nasdaq: SSYS), is leading the Next Industrial Revolution by setting the standards in reliable and affordable desktop 3D printing. Founded in 2009, MakerBot sells desktop 3D printers to innovative and industry-leading customers worldwide, including engineers, architects, designers, educators and consumers. MakerBot has one of the largest installed bases and market shares in the desktop 3D printing industry, with more than 90,000 MakerBot Replicator 3D Printers in the world. The robust MakerBot 3D Ecosystem makes 3D printing easy and accessible for everyone. To learn more about MakerBot, visit makerbot.com.

Note Regarding Forward-Looking Statements

The statements in this press release relating to Stratasys’ beliefs regarding the benefits customers will experience from the MakerBot Smart Extruder+ and Stratasys’ expectation on the timing of shipping the MakerBot Smart Extruder+, are forward-looking statements reflecting management's current expectations and beliefs. These forward-looking statements are based on current information that is, by its nature, subject to rapid and even abrupt change. Due to risks and uncertainties associated with Stratasys' business, actual results could differ materially from those projected or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to: the risk that consumers will not realize or otherwise achieve benefits from the MakerBot Smart Extruder+; the risk that technical or other difficulties will delay the shipping of the MakerBot Smart Extruder+ or preclude the potential benefits described in this release; and other risk factors set forth under the caption “Risk Factors” in Stratasys' most recent Annual Report on Form 20-F, filed with the Securities and Exchange Commission (SEC) on March 3, 2015. Stratasys is under no obligation (and expressly disclaims any obligation) to update or alter its forward-looking statements, whether as a result of new information, future events or otherwise, except as otherwise required by the rules and regulations of the SEC.

¹ Verified ownership of a MakerBot 5th-generation 3D Printer required.

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