HP Unveils New 3D Printing Global Reseller Program, Service Bureau Installations, Reference and Experience Centers, and Open Materials Ecosystem Expansion
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HP Unveils New 3D Printing Global Reseller Program, Service Bureau Installations, Reference and Experience Centers, and Open Materials Ecosystem Expansion

PITTSBURGH, PA -- (Marketwired) -- May 08, 2017 -- HP Inc. (NYSE: HPQ)

News highlights:

Today at Rapid + TCT, the industry's largest 3D additive manufacturing conference, HP Inc. demonstrated the global momentum of its Jet Fusion 3D Printing solutions as it scales its business to meet rising customer demand. This includes the official unveiling of the new HP Partner First 3D Printing Specialization program, a wide array of installations with manufacturing service bureaus and product design firms in key geographies, and more than a dozen new HP 3D Printing Reference and Experience Centers across the U.S. and Europe.

HP also announced the addition of Henkel AG & Co. to its open ecosystem for 3D printing materials and applications. HP's Jet Fusion 3D Printing solution is a production-ready commercial 3D printing system that delivers superior(1) quality physical parts up to 10 times(2) faster and at half the cost(3) of current 3D print systems.

"Building on our experience of more than 500,000 Multi Jet Fusion-produced parts, we are now scaling our 3D printing business to the next level. Today we are expanding our solutions availability through new resellers and service bureau partners, opening new experiential facilities for customers and partners, and widening our open 3D printing materials ecosystem," said Stephen Nigro, President of 3D Printing, HP Inc. "We are honored that industry-leading companies such as BMW, Jabil, Johnson & Johnson, Nike and dozens more are looking to the innovations and economics delivered by HP and our partners to help reinvent their businesses for the digital manufacturing revolution."

New HP 3D Printing Reseller Program
To meet growing international customer demand, HP formally unveiled its new global reseller program -- the HP Partner First 3D Printing Specialization program -- with more than 30 hand-selected, trained and certified partners. Initially focused on North America and Europe, the program enables leading manufacturing solutions providers to rapidly deliver HP's 3D printing technologies to customers and scale up to meet their needs. Certified HP 3D printing reseller partners will bring best-in-class expertise and knowledge of HP's Multi Jet Fusion technology to customers deploying the solutions, as well as value added services such as the enablement of new applications and industry-leading response time and service quality.

Partners interested in more information about joining HP's Partner First 3D Printing Specialization program can connect with a local HP team member at https://partner.hp.com/.

Service Bureaus and Product Design Houses Showcase New HP Jet Fusion-powered 3D Printing Offerings
Service bureaus and product design firms are a hallmark of manufacturing innovation, adopting leading-edge technologies ahead of the industry and delivering breakthrough services to their own end-customers. Leaders such as Fast Radius, Forecast3D, Go Proto, Materialise, ProtoCAM, Proto Labs, Shapeways, Sigma Design and 3D Prod are installing HP 3D printing systems and beginning to deliver production quality HP Jet Fusion 3D printed parts.

Building on these successful installations, HP is expanding deployments with leading manufacturing service bureaus and design engineering firms across North America and Europe to enable a new class of on-demand, industrial-grade 3D production parts and services.

To connect with an HP Jet Fusion-enabled 3D printing service bureau near you visit www.hp.com/go/3Dcontactus

HP Opens New 3D Printing Reference and Experience Centers
HP, in collaboration with numerous partners, is opening more than a dozen 3D Printing Reference and Experience Centers across North America and Europe to enable companies to engage with HP's Jet Fusion 3D Printing solutions in production-level scenarios. Testing and qualification of new 3D printing use-cases will be enabled in controlled environments, providing customers a simpler path to advance from prototyping to full scale 3D production.

These centers initially include facilities in Allentown, PA; Alpharetta, GA; Carlsbad, CA; Corvallis, OR; Livonia, MI; Louisville, KY; Manchester, CT; Milpitas, CA; Palo Alto, CA; San Diego, CA; and Vancouver, WA in the United States; and Raon-l'Etape, France; Leonberg, Germany; Eindoven, The Netherlands; Barcelona, Spain; and Birmingham, United Kingdom.

For more information or to schedule a visit to an HP 3D Printing Reference and Experience Center please contact www.hp.com/go/3Dcontactus

Henkel Joins HP's Open Materials and Applications Platform
Henkel joins HP's ecosystem of global materials leaders including Arkema, BASF, Evonik, and Lehmann & Voss, to support HP's Open Platform for 3D printing materials and applications. HP's unique open 3D printing platform model helps expand the availability of new materials and address a broader set of applications, lower materials and development costs, drive speed and performance improvements, and create new possibilities for part properties that address specific industry needs.

Henkel, a global supplier of high-performance adhesives used in critical applications such as medical device, electronic device, and transportation vehicle assembly, plans to work with HP in its state-of-art Open Materials and Applications Lab in Corvallis, Oregon to expand its broad product range. Henkel is focusing development on providing novel powder materials for use with HP Jet Fusion 3D printers.

"The partnership between HP and Henkel is backed by strong market leadership, a legacy of innovation, and an aligned commitment to additive manufacturing," said Michael Todd, Corporate Vice President and Global Head of Innovation and New Business Development, Henkel Adhesive Technologies. "With our broad material portfolio and customer base across diverse industries, Henkel is able to champion custom 3D solutions through various functional applications. This, combined with HP's vision for open materials innovation, enables us to develop materials and applications once thought impossible."

Learn more about becoming a certified HP Open Materials and Applications Platform partner.

HP at RAPID + TCT

About HP
HP Inc. creates technology that makes life better for everyone, everywhere. Through our portfolio of printers, PCs, mobile devices, solutions and services, we engineer experiences that amaze. More information about HP Inc. is available at http://www.hp.com.

Forward-Looking Statements
This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If the risks or uncertainties ever materialize or the assumptions prove incorrect, the results of HP Inc. and its consolidated subsidiaries ("HP") may differ materially from those expressed or implied by such forward-looking statements and assumptions.

All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to any projections of net revenue, margins, expenses, effective tax rates, net earnings, net earnings per share, cash flows, benefit plan funding, deferred tax assets, share repurchases, currency exchange rates or other financial items; any projections of the amount, timing or impact of cost savings or restructuring and other charges; any statements of the plans, strategies and objectives of management for future operations, including the execution of restructuring plans and any resulting cost savings, revenue or profitability improvements; any statements concerning the expected development, performance, market share or competitive performance relating to products or services; any statements regarding current or future macroeconomic trends or events and the impact of those trends and events on HP and its financial performance; any statements regarding pending investigations, claims or disputes; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing.

Risks, uncertainties and assumptions include the need to address the many challenges facing HP's businesses; the competitive pressures faced by HP's businesses; risks associated with executing HP's strategy; the impact of macroeconomic and geopolitical trends and events; the need to manage third-party suppliers and the distribution of HP's products and the delivery of HP's services effectively; the protection of HP's intellectual property assets, including intellectual property licensed from third parties; risks associated with HP's international operations; the development and transition of new products and services and the enhancement of existing products and services to meet customer needs and respond to emerging technological trends; the execution and performance of contracts by HP and its suppliers, customers, clients and partners; the hiring and retention of key employees; integration and other risks associated with business combination and investment transactions; the results of the restructuring plans, including estimates and assumptions related to the cost (including any possible disruption of HP's business) and the anticipated benefits of the restructuring plans; the resolution of pending investigations, claims and disputes; and other risks that are described in HP's Annual Report on Form 10-K for the fiscal year ended October 31, 2015, HP's Quarterly Reports on Form 10-Q for the fiscal quarters ended January 31, 2016, April 30, 2016 and July 31, 2016, and HP's other filings with the Securities and Exchange Commission. HP assumes no obligation and does not intend to update these forward-looking statements. HP's Investor Relations website at http://www.hp.com/investor/home contains a significant amount of information about HP, including financial and other information for investors. HP encourages investors to visit its website from time to time, as information is updated and new information is posted.

(1) Based on dimensional accuracy of +/-0.2 mm/0.008 inches, measured after sand blasting. See hp.com/go/3Dmaterials for more info on materials specifications. Based on the following mechanical properties: Tensile strength at 50, Modulus Z 1900, Modulus XY 1900. ASTM standard tests with PA-12 material.

(2) Based on internal testing and simulation, HP Jet Fusion 3D printing solution average printing time is up to 10x faster than FDM & SLS printer solutions from $100,000 USD to $300,000 USD on market as of April 2016. Testing variables: Part Quantity -1 full bucket of parts from HP Jet Fusion 3D at 20% of packing density vs same number of parts on above-mentioned competitive devices; Part size: 30g; Layer thickness: 0.1mm/0.004 inches. Fast Cooling is enabled by HP Jet Fusion 3D Processing Station with Fast Cooling, available in 2017. HP Jet Fusion 3D Processing Station with Fast Cooling accelerates parts cooling time vs recommended manufacturer time of SLS printer solutions from $100,000 USD to $300,000 USD, as tested in April 2016. FDM not applicable.

(3) Based on internal testing and public data, HP Jet Fusion 3D printing solution average printing cost-per-part is half the cost of comparable FDM & SLS printer solutions from $100,000 USD to $300,000 USD on market as of April 2016. Cost analysis based on: standard solution configuration price, supplies price, and maintenance costs recommended by manufacturer. Cost criteria: printing 1-2 buckets per day/ 5 days per week over 1 year of 30 grams parts at 10% packing density using the powder reusability ratio recommended by manufacturer.