3DMT Completes First Successful “3D Printing School,” Announces Upcoming Dates

DELAND, Fla., Aug. 21, 2017 (GLOBE NEWSWIRE) -- ARC Group Worldwide, Inc. (“ARC” and the “Company”) (NASDAQ:ARCW), a leading global provider of advanced manufacturing and metal 3D printing solutions, announced the recent successful completion of its first “Metal 3D Printing School” at their 3D Material Technologies division (3DMT).  Attendees from numerous leading Aerospace/Defense, Power Generation, and Electronic manufacturers attended two days of in-depth instruction where they received a detailed overview on 3D printing technologies, followed by an intensive, hands-on curriculum on how to leverage metal additive manufacturing (“AM”) in prototyping and production.  The program seamlessly dovetails technical education and analysis with specific, real world applications as to how companies can derive significant engineering and economic benefit through the utilization of 3DMT’s additive manufacturing expertise.  Overall, attendees of ARC’s Metal 3D Printing School are introduced to the Company’s holistic AM solution, which provides the key to simplifying the customer’s supply chain, improving product performance, perhaps most importantly, reducing product time-to-market.

“Customers continually see all the exciting things about 3D printing; they read all the press releases, but they are not certain how to make AM a reality within their own organizations.  Our vision of the 3D school is to teach technicians, engineers, and purchasing agents how to practically use additive manufacturing to really take advantage of the technology and make their projects a success,” said 3DMT General Manager, Ashley Nichols.

For additional insight into metal additive manufacturing, please see the article published by ARC Board Member Todd Grimm: “Grimm’s 3D Metal Printing Tales” as published in “3D Metal Printing Magazine.”

Anyone interested in attending the next 3D Printing School on September 20^th to 22^nd, please contact Stephanie McMenimen, smcmenimen@arcw.com.

ABOUT 3D MATERIAL TECHNOLOGIES

3DMT is a metal additive manufacturing company that utilizes different types of metals to create parts for clients with precision and efficiency.  3DMT specializes in the rapid development and production of functional components in alloys such as Titanium, Aluminum, Inconel, Stainless Steel, and Cobalt Chrome in Metal Laser Sintering (“MLS” or Metal Additive Manufacturing / 3D Printing).  3DMT is committed to continuously maintaining, improving the effectiveness, and meeting the requirements of its quality management system. For more information, please visit: http://www.3dmt.com/.

FORWARD LOOKING STATEMENTS

This press release may contain “forward-looking” statements as defined in the Private Securities Litigation Reform Act of 1995, which are based on ARC’s current expectations, estimates and projections about future events. These include, but are not limited to, statements, if any, regarding business plans, pro-forma statements and financial projections, ARC’s ability to expand its services and realize growth. These statements are not historical facts or guarantees of future performance, events or results. Such statements involve potential risks and uncertainties, and the general effects of financial, economic, and regulatory conditions affecting our industries. Accordingly, actual results may differ materially. ARC does not have any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. For further information on risks and uncertainties that could affect ARC’s business, financial condition and results of operations, readers are encouraged to review Item 1A. – Risk Factors and all other disclosures appearing in ARC’s Form 10-K for the fiscal year ended June 30, 2016, as well as other documents ARC files from time to time with the Securities and Exchange Commission. 

CONTACT: Drew M. Kelley
                    
                    PHONE: (303) 467-5236
                    
                    Email: InvestorRelations@ARCW.com