>DTM Corporation Anticipates Quarter And Full Year Results Below
> Expectations
>
> AUSTIN, Texas, June 18 /PRNewswire/ - DTM Corporation (Nasdaq:
> DTMC) announced today that while the company expects increased unit
> sales and revenues for both the second quarter and full year 1997
> compared with similar 1996 periods, it anticipates results for the
> quarter and year will be significantly below previous estimates.
> The company expects to report a loss for both the quarter and the
> year. Net loss for the 1997 year (excluding a previously disclosed
> one-time charge of $2.9 million for compensation expense related to
> the DTM Equity Appreciation Plan) is currently projected to range
> from $1.5 million to $2.0 million. The lower than anticipated
> earnings estimate reflects primarily ongoing softness in the North
> American Markets, increased price competition world-wide, including
> currency effects, and changes in anticipated product mix. ..
>
> In light of these developments, management has implemented a
> realignment of its engineering and development resources. DTM will
> accelerate programs intended to reduce product costs and to improve
> its Selective Laser Sintering materials systems, postponing or
> canceling some other programs, including the development of certain
> previously planned upgrade options. John S. Murchison III, DTM's
> President and CEO, said: "We believe that these steps are necessary
> to position the company for future growth and to respond to current
> competitive and market situations. We expect strong growth in the
> Rapid Prototyping market and believe that our Selective Laser
> Sintering technology is uniquely positioned to participate in that
> growth." ..
>
>
> SOURCE DTM Corporation
> -0- 06/18/97
> /CONTACT: Uday Bellary or Kent Nutt, both of DTM Corporation,
> 512-339-2922/
> (DTMC)
>
> CO: DTM Corporation
> ST: Texas
> IN: CPR
> SU: ERP
>
------------------------
Yakov Horenstein
Milano, Italy
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