3D Systems/Eos deal

From: Yakov Horenstein (yakov@planet.it)
Date: Thu Aug 07 1997 - 19:34:16 EEST


>3D Systems Announces That Agreement to Acquire Majority Interest in
> EOS GmbH May Be Off
>
> Minority Shareholder Exercises Preemptive Right
>
> VALENCIA, Calif., Aug. 6 /PRNewswire/ - 3D Systems Corporation
> (Nasdaq-NMS: TDSC) announced today that its agreement to acquire a
> majority interest in EOS GmbH, a major European supplier of rapid
> prototyping systems in Europe, could be off since EOS' minority
> shareholder had exercised his preemptive right to acquire the 75.1
> percent of EOS' stock he does not currently own.
>
> Last month, 3D announced that it had signed an agreement to
> purchase the majority interest in EOS from Carl Zeiss Jena GmbH of
> Germany, a member of the Carl Zeiss Group, subject to the
> expiration of the minority investor's preemptive right to acquire
> the majority interest.
>
> A. Sidney Alpert, 3D's vice president and general counsel, said
> that should the minority shareholder be unable to complete this
> acquisition, 3D remained ready to complete the transaction with
> Zeiss.
>
> On the assumption that the minority shareholder would acquire
> the 75.1 percent interest, 3D Systems today signed a non-binding
> letter of intent to buy EOS' stereolithography rapid prototyping
> business, subject to negotiation of a definitive agreement. No
> assurance can be given that this transaction will close. If it
> does, 3D will grant to EOS a worldwide license to patents held by
> 3D, applicable to the field of laser sintering, and all pending
> litigation between the companies would be settled.

> SOURCE 3D Systems Corporation
> -0- 08/06/97
> /NOTE TO EDITORS: For current investor information, please
> call the
> company's shareholder communications service at 800-757-1799 or
> visit their
> Web site at http://www.3dsystems.com./
> /CONTACT: A. Sidney Alpert, Vice President, General Counsel,
> 805-295-5600, ext. 2215, or Mary E. Woods, Investor Relations, 805-
> 295-5600,
> ext. 2508, both of 3D Systems Corporation/
> (TDSC)
>

----------
Yakov Horenstein
Milano, Italy



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