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Uniformity Labs, Inc. Strengthens its Sales and Marketing Capability with the Appointment of Two Industry Veterans

April 28, 2021/Uniformity Labs/Press Release

Uniformity Labs (Uniformity), a leading additive manufacturing (AM) company that is revolutionizing industrial 3D printing processes, has appointed John Baliotti and Harry Danford as sales directors – both reporting to VP of Sales, Walt Tersigni. Uniformity Labs has been rapidly scaling its business with a range of senior-level appointments to build a solid infrastructure to take on the additive manufacturing market aggressively. The company is well-funded, having recently completed a Series B financing round, bring the total funds raised to [$50 million].


An engineer by training, John Baliotti began his career at Sikorsky Aircraft as a design/analytical engineer. Most recently, he was part of Carpenter Additive’s business development team focused on accelerating the adoption of AM for the Industrial, Energy, and Transportation markets. Before that, John was the Vice President of Sales for FIT America, the largest independent additive manufacturing company providing engineering/training and production capabilities to clients globally. He also served as Director of Marketing and Business Development for The ExOne Company, one of the leading AM Binder Jet OEMs.


Harry Danford began his career in AM as Americas Sales Director with ExOne. His primary focus was on the US, Canada, Mexico, and Brazil markets, supporting CapEx Additive Manufacturing / 3D Printing machine technologies. Since then, he has worked hard to drive the adoption of AM throughout various industries. Before joining Uniformity, he held a senior sales position at AddUp Global Additive Solutions, a French joint venture between Michelin & Fives that designs and sells metal additive manufacturing machines utilizing Powder Bed Fusion and Directed Energy Deposition technologies, covering a wide variety of applications.


“Harry and John add substantially to our sales and marketing capabilities,” said Walt Tersigni. “Their industry experience is unparalleled and together provide a unique skill set combining engineering, manufacturing, business development and in John’s case finance from his years as an industrial research analyst. The team has hit the ground running, and we are focused on helping customers unlock the value of Uniformity Labs technology.”


“While additive manufacturing has been around for more than 35 years, the technologies and industry adoption are both in their infancy,” said John Baliotti. “Companies need to understand the significant efficiencies and competitive advantage AM will provide and how Uniformity’s technology can help them get there.”


“The leadership at Uniformity have created a company whose technology and vision will speed the advancement of AM as a primary form of manufacturing in many industries,” said Harry Danford. “The efficiencies our technology can deliver, while not sacrificing, and in many cases, improving quality product output are very compelling. I’m delighted to be part of the team that is bringing this innovative metal AM powder technology to market.”


Uniformity Labs develops breakthrough material and software solutions to accelerate and expand global commercial/industrial 3D printing (AM) markets. Its patented technology enables significant cost savings, speed, and quality improvements across all mainstream AM printers. Uniformity’s feedstock materials and print processes dramatically impact the AM value chain by increasing the reliability and efficiency of printing.


For more information please visit our website – www.uniformitylabs.com


Media contact:
Uniformity Labs
Frank De Maria – 347-647-0284
Frank.demaria@purposefulcommunications.com

Uniformity Labs Appoints Former GKN Sinter Metals President Christon Franks to its Board of Directors

March 24, 2021/Uniformity Labs/Press Release

Uniformity Labs (Uniformity), a leading additive manufacturing (AM) company that is revolutionizing industrial 3D printing processes, has appointed metals industry leader Christon Franks to its Board of Directors, further strengthening its group of industry advisors. His appointment follows the additions of John Ferriola, former Nucor Corporation CEO, and General Motors veteran Alan Batey to the board and the completion of a $38.35 million Series B financing round announced in February.


Mr. Franks is a metals industry executive with more than 30 years of experience leading successful international businesses that industrialize product solutions for the Automotive, Electronics, and General Industrial Industries. He brings deep commercial and operations experience with a metals focus, having led international companies while residing in the USA, China, and Germany.


Most recently, Mr. Franks served as President at GKN Sinter Metals, a position which he held for eight years. In this role, he was responsible for GKN operations in North and South America, Europe, and Asia. Mr. Franks also led the global commercial strategies for GKN Sinter Metals and established the path to market for new technology introductions such as Additive Manufacturing.


“Chris is a highly respected and proven leader in the field of powder metallurgy,” said Uniformity CEO Adam Hopkins. “He brings global commercialization skills and deep knowledge of the metal component manufacturing landscape to our board, which we will call on to help us deliver the full potential of AM. We have put together a team of executives and advisors who are some of the best technical and commercial minds in the industry; their experience will be invaluable as we continue to grow our business.”


“It’s incredible to look back and see the impact AM is having on the metal component industry,” Chris said. “Having spent time with Adam and the team, it was clear why their pioneering metal feedstock and refining and printing process is transforming the industry. It greatly improves the efficiency of invested capital by increasing higher quality product throughput and allowing companies to unlock products that otherwise would not see commercialization.”


Uniformity Labs is an additive manufacturing (AM) parts, printing, and metal feedstock producer that has pioneered revolutionary refining and printing processes that significantly enhance the 3D printing value proposition. Its feedstock materials and print processes have a dramatic impact on the AM value chain by increasing the speed, quality, reliability, and efficiency of printing and by improving printing economics.


For more information please visit our website – www.uniformitylabs.com


Media contact:
Uniformity Labs
Frank De Maria – 347-647-0284
Frank.demaria@purposefulcommunications.com

Former Nucor Chairman and CEO John J. Ferriola Joins the Board of Uniformity Labs

March 17, 2021/Uniformity Labs/Press Release

Uniformity Labs (Uniformity), a leading additive manufacturing (AM) company that is revolutionizing industrial 3D printing materials and processes, announced that former Nucor Corporation Chairman and CEO John Ferriola has joined its Board of Directors. His appointment follows the addition of automotive industry veteran Alan Batey to the board in January 2020.


Mr. Ferriola has a 28-year history in various senior management positions at Nucor, serving as CEO for his last seven years before retiring in 2019. Throughout his career, he has been a thought leader in the steel industry, helping position Nucor as the leading manufacturer of steel and steel products.


“We are fortunate to have access to John’s senior-level expertise in the steel industry and proven ability to take a company to the top of its game,” said Adam Hopkins, Uniformity CEO. “Our board structure is intentionally industry heavy to give us greater insight into critical vertical markets and a distinct edge as we quickly scale our business.”


“It has been exciting to watch the additive manufacturing industry advance as one of the most transformative innovations in modern times,” John said. “Uniformity Labs’ technology and advanced printing process is taking the industry to the next level by greatly improving capital efficiency, with faster production speeds and much higher quality output. I look forward to working with Adam and the team and my fellow board members to take advantage of this significant opportunity.”


Uniformity Labs is an additive manufacturing (AM) parts, printing, and metal feedstock producer that has pioneered revolutionary refining and printing processes that significantly enhance the 3D printing value proposition. Its feedstock materials and print processes have a dramatic impact on the AM value chain by increasing the speed, quality, reliability, and efficiency of printing and by improving printing economics.


For more information please visit our website – www.uniformitylabs.com


Media contact:
Uniformity Labs
Frank De Maria – 347-647-0284
Frank.demaria@purposefulcommunications.com

Desktop Metal and Uniformity Labs Announce Breakthrough in Aluminum Sintering for Binder Jetting Technology

Fully Dense, Sinterable 6061 Aluminum with Better Than Wrought Strength to Be Available Exclusively for the Desktop Metal Production System
March 11, 2021/Uniformity Labs/Press Release

Desktop Metal, Inc. (NYSE: DM), a leader in mass production and turnkey additive manufacturing (AM) solutions, and Uniformity Labs, a leading additive manufacturing company that is revolutionizing industrial 3D printing materials and processes, today announced a breakthrough powder that enables aluminum sintering for binder jetting AM technology. This new powder is the result of a multi-year collaboration between the companies to develop a low-cost, raw material yielding fully dense, sinterable 6061 aluminum with greater than ten percent (10%) elongation and improved yield strength (YS) and ultimate tensile strength (UTS) versus wrought 6061 aluminum with comparable heat treatment.


“This breakthrough represents a major milestone in the development of aluminum for binder jetting and a significant step forward for the AM industry as it is one of the most sought-after materials for use in automotive, aerospace and consumer electronics,” said Ric Fulop, CEO and co-founder of Desktop Metal. “The global aluminum castings market is more than $50 billion per year, and it is ripe for disruption with binder jetting AM solutions. These are the best reported properties we are aware of for a sintered 6061 aluminum powder, and we are excited to make this material available exclusively to Desktop Metal customers as part of our ongoing partnership with Uniformity Labs.”


“The introduction of lightweight metals to binder jetting opens the door to a wide variety of thermal and structural applications across industries,” said Adam Hopkins, founder and CEO of Uniformity Labs. “This innovation is a key step towards the adoption of mass-produced printed aluminum parts.”


This new powder enables the sintering of unadulterated 6061 aluminum and represents a significant improvement over prior techniques used to sinter aluminum, which required coating powder particles, mixing sintering aids into powder, using binders containing expensive nanoparticles, or adding metals such as lead, tin and magnesium. Critically, the powder also enables compatibility with water-based binders and has a higher minimum ignition energy (MIE) relative to other commercially available 6061 aluminum powders, resulting in an improved safety profile. Desktop Metal and Uniformity Labs plan to continue to work together over the coming year to qualify the powder and scale production for commercial release. Once fully qualified, Uniformity 6061 aluminum will be available for use with the Desktop Metal Production System™ platform, which is the only metal binder jetting solution with an inert, chemically inactive processing environment across the printer and auxiliary powder processing equipment, enabling customers to achieve consistent, high-quality material properties across volumes of end-use parts with reactive materials, such as aluminum.


About Desktop Metal

Desktop Metal, Inc., based in Burlington, Massachusetts, is accelerating the transformation of manufacturing with an expansive portfolio of 3D printing solutions, from rapid prototyping to mass production. Founded in 2015 by leaders in advanced manufacturing, metallurgy, and robotics, the company is addressing the unmet challenges of speed, cost, and quality to make additive manufacturing an essential tool for engineers and manufacturers around the world. Desktop Metal was selected as one of the world’s 30 most promising Technology Pioneers by the World Economic Forum and named to MIT Technology Review’s list of 50 Smartest Companies. For more information, visit www.desktopmetal.com.


About Uniformity Labs

Uniformity Labs, founded in 2014 and based in Fremont CA, develops breakthrough material and software solutions that aim to accelerate and expand global commercial / industrial 3D printing (AM) markets. Our patented technology enables significant cost savings, speed & quality improvements across all mainstream AM printers. Uniformity’s feedstock materials and print processes have a dramatic impact on the AM value chain by increasing reliability and efficiency of printing. For more information, visit www.uniformitylabs.com.


Forward Looking Statements

This press release contains certain forward-looking statements within the meaning of the federal securities laws. Forward-looking statement generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks, uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this document, including but not limited to the risks and uncertainties set forth in the Company’s filings with the U.S. Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. The Company does not give any assurance that it will achieve its expectations.


Press contacts:

Desktop Metal
Lynda McKinney – 978-224-1282
lyndamckinney@desktopmetal.com

Uniformity Labs
Frank De Maria – 347-647-0284
Frank.demaria@purposefulcommunications.com

Uniformity Labs, Inc. Makes Senior Executive Appointments in Business Development and Sales as the Business Begins to Scale

February 23, 2021/Uniformity Labs/Press Release

Uniformity Labs (Uniformity), a leading additive manufacturing (AM) company that is revolutionizing industrial 3D printing processes, has appointed Geoffrey Doyle as Vice President of Business Development and Walter Tersigni as Vice President of Sales – both reporting directly to CEO Adam Hopkins. The appointments follow the completion of a $38.35 million Series B financing round announced earlier this month.


Before joining Uniformity full-time, Geoffrey Doyle was a founding advisor to the board of directors. He is an entrepreneur with an extensive background in venture capital and innovation. For the last decade, he has been working with and advising companies developing additive manufacturing and 3D scanning technologies, many of which were acquired by large US companies. Before joining Uniformity, he was Director of Business Development at Jabil Inc., most recently focused on strategy and M&A for the healthcare division. He was also a Jabil Additive leadership team member with responsibilities for strategy, customer engagements, and defining new business models for metal additive manufacturing.


Walter Tersigni is a results-driven sales executive with more than 20 years of sales management experience in the highly competitive technology industry. He joins Uniformity Labs after supporting leadership roles for three Fortune 500 Electronics Manufacturers - Sanmina, Flex, and, most recently, Jabil Inc., where he served as Vice President of Business Development. Walter was responsible for global sales and business development for Jabil’s Green Point division.


“We’re delighted to have the services of two highly-experienced business development executives as we begin to scale the business globally,” said founder and CEO Adam Hopkins. “Their deep industry knowledge and track record of success are critical to helping us communicate the fundamental value that our technology delivers.”


“What attracted me to Uniformity from the beginning was the deep scientific approach Adam and the team created to address a key problem of metal AM adoption – high cost per part due to long processing time in expensive equipment,” Doyle said. “By applying simple physics to solve a complex AM process challenge, Uniformity greatly improves part strength and accuracy, reducing cost and increasing commercial viability – this is great for AM adoption. The advancements their technology is making in thermal Powder Bed Fusion, and powder-based processes like Binder Jetting will transform the industry.”


“I am very excited to be part of the team driving the next stage of growth at Uniformity,” Tersigni said. Adam and the team have created game-changing technology and processes that will transform the AM industry.”


Uniformity Labs develops breakthrough material and software solutions to accelerate and expand global commercial/industrial 3D printing (AM) markets. Its patented technology enables significant cost savings, speed, and quality improvements across all mainstream AM printers. Uniformity’s feedstock materials and print processes dramatically impact the AM value chain by increasing the reliability and efficiency of printing.


For more information please visit our website – www.uniformitylabs.com


Media contact:
Frank De Maria – 347 647 0284
frank.demaria@purposefulcommunications.com

Uniformity Labs, Inc. Uncloaks with $38 Million Raise to Accelerate Growth

February 2, 2021/Uniformity Labs/Press Release

Uniformity Labs (UL), a leading additive manufacturing (AM) company that is revolutionizing industrial 3D printing processes, has completed a $38.35 million Series B financing round. In this latest round, existing investors were joined by new investment from financial and strategic investors.


“This marks a significant milestone in our next phase of growth as we scale our game-changing metal feedstock and print applications businesses to greatly improve the 3D printing value proposition for major manufacturers,” said Adam Hopkins, founder and CEO of Uniformity Labs. “What’s important about this round is the level of commitment from new financial and strategic industry investors, which stands as an important endorsement of our technology and business model.”


The proceeds of this round of funding will predominantly drive the expansion of its production capability and the development of additional specialized materials. It will also fuel the growth of the senior team, particularly in the sales and marketing function – a process that will ramp up substantially over the course of 2021.


“As its founding investor, IP Group is excited to see Uniformity Labs poised to disrupt the AM market.  Adam Hopkins and his team have done a tremendous job developing the core technology created in Professor Sal Torquato’s labs at Princeton University to unlock the potential of powder-based manufacturing.  UL is an excellent example of our focus on supporting the commercial development of innovative hard science from premier research institutions like Princeton,” said Michael Burychka, CEO of IP Group, Inc.


The Series B round included an investment to finance plant construction from a fund managed by Orion Resource Partners, a global alternative investment management firm with approximately $6.3 billion under management. Orion is one of the world’s leading investors in the mining, metals processing, and metal commodity trading industries.


“Orion is pleased to make its first investment into the additive manufacturing and metals atomization industries through Uniformity Labs. We look forward to supporting their growth within this rapidly evolving industry,” said Oskar Lewnowski, the Chief Investment Officer of Orion Resource Partners.


Uniformity Labs develops breakthrough material and software solutions to accelerate and expand global commercial/industrial 3D printing (AM) markets. Its patented technology enables significant cost savings, speed, and quality improvements across all mainstream AM printers. Uniformity’s feedstock materials and print processes dramatically impact the AM value chain by increasing the reliability and efficiency of printing.


Armory Securities acted as exclusive financial advisor and placement agent for UL for the Series B round. Mercator Partners, an asset manager located in Princeton, NJ, helped arrange and close the financing.


For more information please visit our website – www.uniformitylabs.com


Media contact:
Frank De Maria – 347 647 0284
frank.demaria@purposefulcommunications.com

General Motors Veteran, Alan S. Batey Adds Deep Industry Experience to the Board of Uniformity Labs

December 15, 2020/Uniformity Labs/Press Release

Leading additive manufacturing (AM) company, Uniformity Labs, Inc. is in the fortunate position to have auto industry veteran, Alan S. Batey as an advisor to the company’s senior management team, following his appointment to its board of directors in January 2020. A mechanical engineer by training, Mr. Batey has more than 40 years of international automotive experience. He has served in a variety of senior executive roles on the ground in Europe, the Middle East, Asia and the US for GM. Most recently, Mr. Batey was President of GM North America and Chevrolet Global Brand Chief, where he was responsible for the firm’s largest and most profitable region with over US$110 billion in revenue and over 100,000 employees.


A mechanical engineer by training, Mr. Batey has more than 40 years of international automotive experience. He has served in a variety of senior executive roles on the ground in Europe, the Middle East, Asia and the US for General Motors. Most recently, Mr. Batey was President of GM North America and Chevrolet Global Brand Chief, where he was responsible for the firm’s largest and most profitable region with over US$110 billion in revenue and over 100,000 employees.


“As a leader in the global automotive industry, Alan’s knowledge is invaluable to us as we take Uniformity to the next level of development,” said Adam Hopkins, founder and CEO of Uniformity Labs. “His commercial expertise is proven and we are benefitting greatly from his unique perspective not only in the auto industry, which is a pivotal market for us, but also from his experience scaling businesses globally.”


“AM has clearly been a disruptor in the sectors where it has been adopted. Uniformity’s approach is transforming the commercial and industrial 3D printing industry, greatly improving the quality of parts, reducing cost and making it more accessible to a wider range of industries,” said Alan Batey. “After meeting Adam and the team, I was convinced that I wanted to be part of the team that is driving innovation in this space.”


Uniformity Labs is an additive manufacturing (AM) parts, printing, and metal feedstock producer that has pioneered revolutionary refining and printing processes that significantly enhance the 3D printing value proposition. Its feedstock materials and print processes have a dramatic impact on the AM value chain by increasing the speed, quality, reliability, and efficiency of printing, and by improving printing economics.


For more information please visit our website – www.uniformitylabs.com


Media contact:
Frank De Maria – 347 647 0284
frank.demaria@purposefulcommunications.com