(INFINITE-MACHINES)(IMCI) Infinite Machines Corp. Announces Dr. Paul
Jacobs Joins Company as Vice President of Technology
WARWICK, R.I.--(BUSINESS WIRE)--July 16, 1997--
"World Leader in Rapid Prototyping" to head Engineering and
R&D efforts for Infinite's ExpressTool division
Infinite Machines Corp. (NASDAQ:IMCI), today announced that
Paul Jacobs, Ph.D., has joined the company as Vice President of
Technology. Dr. Jacobs' primary responsibilities will be focused
on the Engineering and R&D efforts at ExpressTool, a division of
Infinite that utilizes proprietary rapid tooling technology to
produce high-quality molds suitable for long-run manufacture.
Dr. Jacobs began his distinguished career at Xerox-Electro-
Optical Systems (EOS) in 1965 as a senior scientist. In 1975, Dr.
Jacobs was promoted to Principal Scientist at Xerox EOS and headed
the R&D effort on the Multiple Integrated Laser Engagement
Simulator (MILES) project, an infrared laser-battlefield tactical
training system that was credited by the U.S. Army with saving many
lives in the Persian Gulf War. In 1980, Dr. Jacobs led the
development and testing of the Currency Authentication &
Recognition System (CARS) for the Federal Reserve System and the
U.S. Bureau of Engraving and Printing. This system is now employed
by the United States as a major deterrent to counterfeiting. Dr.
Jacobs was named Chief Scientist for Xerox EOS in 1984. In 1989,
he was named Director of R&D at 3D Systems, leading many of the
advances in stereolithography while establishing the theoretical
basis of the technology. He is the author of two books on rapid
prototyping and manufacturing (RP&M), including the first text
published in the field, and has also written some 120 technical
articles and holds 15 patents.
"Dr. Paul Jacobs is widely known as a 'world leader in rapid
prototyping,' and we are honored to welcome him to Infinite," said
Clifford Brockmyre, President of Infinite Machines Corp. "Paul's
knowledge, unique insight, and years of experience in industry will
be utilized as ExpressTool emerges as a leader of the potential
multi-billion dollar rapid tooling industry."
Added Paul Jacobs, "I look forward to joining Infinite and
being a part of the important opportunity that ExpressTool offers
manufacturing. Today, tooling is by far the biggest hurdle facing
manufacturers, since it involves long lead times and significant
costs. Product life cycles are decreasing every year and new
products simply take too long to develop, primarily due to the time
required to fabricate tooling. There is a critical need to get
products to market much more quickly and cost-effectively. The
company that can find a way to do that will reap the benefits, and
I believe that ExpressTool can be that company. What we are really
selling is time."
Dr. Jacobs is also Adjoint Professor of Engineering and Applied
Science at Clemson University and has taught courses in RP&M at
UCLA and the University of California at Irvine. He is the
recipient of both the 1977 and 1985 Xerox Technical Achievement
Awards, and was appointed to the Board of Governors of the Graduate
School of Princeton University from 1979 to 1983, where he also
received his doctorate in 1966.
Infinite Machines Corp. is an industry leader in the areas of
laser material processing, advanced manufacturing methods, and
CONTACT: Jon Siegal Clifford Brockmyre
Ronald Trahan Associates, Inc. Infinite Machines
617-332-0101, ext. 15 401-737-7900
KEYWORD: RHODE ISLAND MASSACHUSETTS
INDUSTRY KEYWORD: COMED COMPUTERS/ELECTRONICS MANAGEMENT
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