GROUPE GORGE : Prodways launches a new thermoplastic polyurethane material (TPU) for its laser sintering range

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While attending the international AMUG conferences as a platinum sponsor from April 3 to 7 in St Louis, USA, Prodways, a Groupe Gorgé subsidiary, is announcing the launch of a new thermoplastic polyurethane material (TPU), which will join its range of powders available for use with laser sintering technology.

This new TPU-70A powder is an elastomer-type material destined for the laser sintering printing of flexible rubber-type objects for a wide variety of applications, including bellows, seals, flexible hoses, sports shoe soles and luxury accessories.

This new thermoplastic polyurethane material (TPU) stands out for its excellent elongation at break capacity (over 300%), allowing the printing of ultra-flexible objects with very high levels of precision and resolution. It also benefits from high resistance to chemical products as well as high performance for refresh rate, thus optimizing material consumption. Lastly, and in contrast with market standards, this new thermoplastic polyurethane material (TPU) offers high durability, without the need for infiltration processes.

With this launch, Prodways, a Groupe Gorgé subsidiary, confirms its desire to offer a very wide range of laser sintering materials for its own printers and also for all laser sintering printers on the market, thus allowing its customers to develop new applications.

This complete powder range for laser sintering technology is distinguished by its very fine granulometry for very high resolution parts and very high refresh rate levels, thus reducing consumption by up to 40% compared to the other powders on the market, for better optimization of production costs.

During the international AMUG conference, Prodways will also present for the first time in the United States its recent "Prodways powered by Farsoon" PromMaker series P range of laser sintering printers, offering high thermal stability with optimized mechanical properties, combined with a fully digital, ultra-fast and very high precision laser scanner. In addition, Prodways offers a wide portfolio of materials and has adopted an open materials strategy for this range with the aim of facilitating innovation for its customers.

This launch, along with the recent announcement of the sale of the first six laser sintering machines, constitute the first successes for Prodways in laser sintering technology, and confirm its rise towards the position of third-largest global player with a multi-technology offer.
 

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This press release could contain statements on past events and forward-looking statements including statements regarding future goals or targets. Forward-looking statements reflect current expectations for results and future events.

Such forward-looking statements and targets depend on known and unknown risks, uncertainties and other factors that may cause actual results, performance or events to differ materially from those anticipated herein. All these risks and uncertainties could affect the Group's future ability to achieve its targets. Risks, uncertainties and other factors that could cause actual results to differ materially from the results anticipated in the forward-looking statements and targets include, among other things: the risks and uncertainties possibly mentioned in this press release; the strength of competition; the growth of the market; currency fluctuations; interest rate fluctuations; raw materials and freight price fluctuations; armed conflicts or political instability; control of costs and expenses; changes in tax legislation, rules, regulation or enforcement; our ability to successfully keep pace with technology changes; our ability to attract and retain qualified personnel and key-men; the evolution, interpretation and uniform application and enforcement of International Financial Reporting Standards (IFRS), according to which we prepare our financial statements; 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). This list of risks, uncertainties and other factors is not limitative. Other non-anticipated, unknown or unforeseeable factors could also have material adverse effect on our targets. The Group expressly disclaims any obligation or undertaking to update or revise any forward-looking statements or targets potentially contained in this press release to reflect any change in events, conditions, assumptions or circumstances on which any such statements are based.

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About Groupe Gorgé

Established in 1990, Group Gorgé is an industrial group operating in different areas of expertise:

Smart Safety Systems – Using technology to work in risk environments;

Protection in Nuclear Environments – Protecting people and securing buildings operating with radioactive materials;

Industrial Projects & Services Conducting Robotics and Fire protection systems projects for industry and service-sector player;

3D PrintingEnabling major industry players to find new routes to successful innovation and production processes by providing systems, 3D printers and new premium material.

In 2015, the Group reported revenue of €264.8 million. It is backed by 1,536 employees and operations in over ten countries.

More information available on www.groupe-gorge.com



Groupe Gorgé is listed on Euronext Paris and on the US OTC market in the form of ADR.

Euronext Paris:
Compartment B.
ISIN code: FR0000062671
Ticker code: GOE
US OTC market:
CUSIP NUMBER: 399451 103
ISIN NUMBER: US3994511034
Ticker Code: GGRGY / GGRGF



Contacts

Groupe Gorgé - Raphaël GORGÉ – CEO & Chairman - Tél. : +33 1 44 77 94 77 - E-mail : contact@groupe-gorge.com

Actus Finance – Natacha MORANDI – Analysts/Investors Relations - Tél. : +33 1 53 67 36 72 - E-mail : nmorandi@actus.fr

Actus Finance – Jean-Michel MARMILLON – Press Relations - Tél. : +33 1 53 67 36 73 - E-mail : jmmarmillon@actus.fr

Image 7 – Lauranne Guirlinger – Press relations – Tél. : +33 1 53 70 74 18 – E-mail : lguirlinger@image7.fr


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