____________________________________________________ Press Release | Presseinformation | Communiqué de presse | Communicado de prensa | Comunicato stampa | Пресс-релиз | Imprensa | Persbericht | Notatka prasowa █ Laser Melting with Metals (LaserCUSING) Information on the results for the first six months of the 2015 financial year Concept Laser reports further revenue growth in the first half of 2015 Large-scale laser melting systems boost incoming orders and revenue in the first half of 2015 PM 8-2015 Document1 Words: 872 | Characters: 5,417 Page 1 of 9 ____________________________________________________ Press Release | Presseinformation | Communiqué de presse | Communicado de prensa | Comunicato stampa | Пресс-релиз | Imprensa | Persbericht | Notatka prasowa “3D printing that has the potential to revolutionize the way we make almost everything.” US President Barack Obama, February 2013 Lichtenfels, September 04, 2015: Concept Laser's 15th anniversary in 2015 is a brilliant performance – and it has the figures to prove it. After revenue growth of 75% in 2014, Concept Laser consolidated its growth at a high level with a further 35% revenue increase in the first six months of 2015. While 45 systems were sold in the same period of the previous year, the company has already received 68 orders this year, a significant increase of roughly 50%. Concept Laser's growth continues unabated in 2015. Frank Herzog, CEO & President of Concept Laser: “We are very proud that we not only succeeded in maintaining the great growth from last year, but have even managed to build on it. That shows that we are still moving in the right direction. However, anyone who knows Concept Laser knows that our passion for technology and the strong drive for innovation will not allow us to rest on our laurels. As a result, I can assure you that our research and development department is already working on new projects which will change future manufacturing processes sustainably.” 2015 semi-annual financial statements indicate growth The continued rising acceptance of additive manufacturing in the markets and the attractiveness of laser melting systems from the Lichtenfels-based manufacturer are PM 8-2015 Document1 Words: 872 | Characters: 5,417 Page 2 of 9 ____________________________________________________ Press Release | Presseinformation | Communiqué de presse | Communicado de prensa | Comunicato stampa | Пресс-релиз | Imprensa | Persbericht | Notatka prasowa reflected once again in Concept Laser's growth figures. In the first six months of 2015, orders were placed for 68 machines (1st 6 months of 2014: 45 machines). This is equivalent to growth of 51% compared to last year (cut-off date June 30, 2015). In addition to this, the revenue as of June 30, 2015 was 35% higher than in the same period of the previous year. Once again, the revenue growth was solely due to sales of large-scale systems in the 1000W laser class, and demand from the aerospace industry in the USA. Staff numbers also increased by a further 30% compared with 2014 in the first half of 2015. Large-scale system segment fills order books and boosts revenue Demand for the X line 1000R remained high in the 1st half of 2015, driving our revenue. From January 2015 on, the new X line 2000R® supplemented our range in the largescale system segment. It combines a large build envelope with increased build rates. With a build envelope of 800x400x500 mm3, the X line 2000R® currently offers more space than any other system for laser melting metals. The X line 2000R®'s multilaser technology with variable optics has a direct effect on the exposure time. Its heart, the dual laser system in the X line 2000®, is based on two 1,000 watt lasers. The useful build volume is also increased a further 27% from 126 l to 160 l compared with an X line 1000R. The X line 2000R® also features a new sieving station that uses a quiet vibrating sieve instead of the tumbler sieve. The concept is incredibly compact, as the oversized particle container is now smaller, and has been integrated into the sieving station. The dosing unit is filled completely and fully automatically within one cycle. Compared with competitors' systems, the X line 2000R® offers almost three to four times the build volume. Key buyers are from the automotive and aerospace sectors. PM 8-2015 Document1 Words: 872 | Characters: 5,417 Page 3 of 9 ____________________________________________________ Press Release | Presseinformation | Communiqué de presse | Communicado de prensa | Comunicato stampa | Пресс-релиз | Imprensa | Persbericht | Notatka prasowa Expansion of infrastructure progresses The new manufacturing facility in Lichtenfels, with 3,500 m² of floor space, was already running at full capacity in the first half of 2015. It increases Concept Laser's system production capacity by a factor of 2.5. The logistics centre, which is also new, pulls the strings for global logistics management in a 1,000 m² facility. It processes incoming goods, outgoing goods, machine dispatch and supplies of spare and wearing parts. A team of external consultants optimised the plant intralogistics for the value stream. To cope with the strong sales of machines, the warehouse handling area was quadrupled in size, while the parts flow and the throughput times were accelerated. Overall, Concept Laser is also structurally ideally prepared for continued growth, and will make further investments in its infrastructure in future. Outlook for the second half of 2015 All signs on the global markets indicate that the trend set in the first six months will continue in the second half of the year. Following sales of 110 systems in the previous year, the Lichtenfels-based company expects this figure to reach more than 150 machines by the end of this year. Revenue growth is forecast to remain at 35% for the entire 2015 financial year. Frank Herzog, CEO & President of Concept Laser: “We are pleased to announce that growth will stabilise at a high level.” Accordingly, the plant engineering provider also plans to introduce new products at the upcoming formnext powered by TCT trade fair in Frankfurt. The company's R&D activities are running at a high level. This suggests that it will introduce further innovations in laser melting technology in the second half of 2015 and the following financial year. For example, Concept Laser, which has been focusing on quality monitoring since 2004, will supplement QMmeltpool, introduced in 2010, with QMmeltpool 3D. This tool will allow position-related real-time monitoring and three-dimensional visualisation of the PM 8-2015 Document1 Words: 872 | Characters: 5,417 Page 4 of 9 ____________________________________________________ Press Release | Presseinformation | Communiqué de presse | Communicado de prensa | Comunicato stampa | Пресс-релиз | Imprensa | Persbericht | Notatka prasowa part. It identifies and analyses local effects that arise during building of the part clearly. In addition to this, Concept Laser, which is also a pioneer in the field of quality assurance/monitoring for laser melting with metals, is already working simultaneously on other modules, which will take the sector to a whole new level. Reprint permitted – Copy requested Captions ████████████████████████████████████████ Caption 1: Frank Herzog, CEO & President of Concept Laser: “We are very proud that we not only succeeded in maintaining the great growth from last year, but have even managed to build on it. That shows that we remain on the right way. However, anyone who knows Concept Laser knows that our passion for technology and the pronounced innovative drive will not allow us to rest on our laurels.” Caption 2: The X line 2000R® combines the world's largest build envelope (800x400x500 mm3) for laser melting with metals with faster build rates. The X line 2000R®'s multilaser technology, with 2 x 1,000 Watt lasers, has a direct impact on the exposure time. Caption 3: Manufacturing capacity expanded: The new manufacturing facility is already running at full capacity. It increased Concept Laser's system production capacity by a factor of 2.5. PM 8-2015 Document1 Words: 872 | Characters: 5,417 Page 5 of 9 ____________________________________________________ Press Release | Presseinformation | Communiqué de presse | Communicado de prensa | Comunicato stampa | Пресс-релиз | Imprensa | Persbericht | Notatka prasowa Caption 4: Value stream-optimised logistics centre: The warehouse handling area was quadrupled to 1,000 m², accelerating the parts flow and throughput times. All image sources: Concept Laser GmbH, Lichtenfels, Germany Concept Laser trade fair appearances ██████████████████████████████████ MSV, Brünn (CZ) September 14 – September 18, 2015 WESTEC, Los Angeles (USA) September 15 – September 17, 2015 Dental-Expo, Moscow (RUS) September 28 – October 01, 2015 TCT, Birmingham (UK) September 30 – October 01, 2015 Contact ████████████████████████████████████████████████████ Concept Laser GmbH An der Zeil 8 D-96215 Lichtenfels Germany Phone: +49 (0)9571.1679 - 0 Internet: www.concept-laser.de PM 8-2015 Document1 Words: 872 | Characters: 5,417 Page 6 of 9 ____________________________________________________ Press Release | Presseinformation | Communiqué de presse | Communicado de prensa | Comunicato stampa | Пресс-релиз | Imprensa | Persbericht | Notatka prasowa Press contacts: Daniel Hund Phone: +49 (0) 9571 / 1679-251 E-mail: d.hund@concept-laser.de About LaserCUSING® █████████████████████████████████ Keyword: LaserCUSING® The LaserCUSING® process is used to create mechanically and thermally stable metallic components with high precision. Depending on the application, it can be used with stainless and tool steels, aluminum and titanium alloys, nickel-based superalloys, cobalt-chromium alloys or precious metals such as gold or silver alloys. Procedures With LaserCUSING®, finely pulverized metal is fused using a high-energy fiber laser. After cooling, the material solidifies. Component contour is achieved by directing the laser beam with a mirror deflection unit (scanner). Construction takes place layer by layer (with each layer measuring 15-150 microns) by lowering the bottom surface of the construction space, then applying and fusing more powder. Concept Laser systems stand out due to their stochastic control of the slice segments (also referred to as "islands"), which are processed successively. The patented process significantly reduces tension during the manufacture of very large components. Concept Laser Overview ███████████████████████████████████ PM 8-2015 Document1 Words: 872 | Characters: 5,417 Page 7 of 9 ____________________________________________________ Press Release | Presseinformation | Communiqué de presse | Communicado de prensa | Comunicato stampa | Пресс-релиз | Imprensa | Persbericht | Notatka prasowa Concept Laser GmbH is an independent company based in Lichtenfels, Germany. Since its founding in 2000, it has been a leading innovator in the field of laser melting with the patented LaserCUSING® technology across many industries. The term LaserCUSING®, a combination of the C from CONCEPT Laser and the word FUSING (to fully melt) describes the technology: the fusing process generates components layer by layer using 3D CAD data. The method allows the production of complex component geometries without tools to create parts that are difficult or even impossible to achieve through conventional manufacturing. With the LaserCUSING® process, conformal cooling can be used to create tool inserts as well as direct components for the jewelry, medical, dental, automotive and aerospace industries. This applies to prototypes and series parts. The company offers both standard systems and custom concepts for metal laser melting. With Concept Laser, full-service as an option means that customers can either purchase their own metal laser melting systems or rely directly on service and development services. Laser machining systems from Concept Laser process powder materials made from stainless steel, hot work tool steels, cobalt-chromium alloy, nickel-base alloy as well as reactive powder materials such as aluminum and titanium alloys. Precious metals such as gold or silver alloys for jewelry making are also an option. LaserCUSING® offers new perspectives in terms of cost and speed for efficient product development in industries such as: • Jewelry • Medical and dental technology PM 8-2015 Document1 Words: 872 | Characters: 5,417 Page 8 of 9 ____________________________________________________ Press Release | Presseinformation | Communiqué de presse | Communicado de prensa | Comunicato stampa | Пресс-релиз | Imprensa | Persbericht | Notatka prasowa • Aeronautics and space industry • Tool and mold construction • Automotive and racing • Mechanical engineering The systems reduce development time and costs substantially while offering much greater flexibility in product development. The high quality standards, level of experience and successful track record of Concept Laser guarantee reliable and cost-effective solutions with proven performance in daily production, with a particular focus on unit cost reductions. The art of LaserCUSING® by Concept Laser Ideas for laser melting with metals in the following areas of application: automotive and motorsport, aerospace, medical and dental technology, die and mold making as well as the wider engineering business. PM 8-2015 Document1 Words: 872 | Characters: 5,417 Page 9 of 9