ExOne Appoints Rainer Hoechsmann as Chief Development Officer

NORTH HUNTINGDON, Pa. (Dec. 23, 2013) – The ExOne Company ("ExOne" or "the Company"), a global provider of three-dimensional ("3D") printing machines and printed products to industrial customers, announced that Rainer Hoechsmann has been appointed as Chief Development Officer of ExOne. This newly established global position is in addition to his existing responsibility as General Manager of ExOne GmbH. S. Kent Rockwell, Chairman and Chief Executive Officer of ExOne commented, “Rainer has been instrumental in the historical development of our machine technology. Establishment of this new leadership position recognizes our strategic emphasis on global coordination of further machine development going forward. We are pleased with the technological advances achieved thus far and recognize that enhancement opportunities exist to further increase penetration of the 3D direct metal and indirect sand casting industrial markets using our distinctive binder jetting technology.” Rainer Hoechsmann was one of the founders of ExOne GbmH’s predecessor company, in 1999, and was named General Manager of ExOne GmbH upon its establishment in 2007. He is initiator, inventor and co-inventor of a wide range of international patents in 3D printing. Mr. Hoechsmann played a key role in the development of the Company’s S-Print 3D printing machine in 2004 and its first generation S-Max in 2009. Additionally, introduced in 2011, he and his team developed a process to manufacture high-strength cores based on heat cured phenolic resin. Having graduated in the field of automation engineering from the Technical University of Munich, he wrote his diploma dissertation about the development and manufacturing of a 3D printer to manufacture sand cores. During his career, he participated in the Global Leadership Seminar for International Leader Management at the Carnegie Bosch Institute for Applied Studies. Mr. Hoechsmann has obtained numerous awards, including the OCE Printing Award from OCE Printers AG, the Award for 3D Printing from the Technical University of Munich and the Start-Up Award to company founders from McKinsey & Company. He is a member of the Association of German Engineers. ExOne is a global provider of 3D printing machines and printed products, materials and other services to industrial customers. ExOne’s business primarily consists of manufacturing and selling 3D printing machines and printing products to specification for its customers using its in-house 3D printing machines. ExOne offers pre-production collaboration and print products for customers through its seven production service centers (“PSCs”), which are located in the United States, Germany and Japan. ExOne builds 3D printing machines at its facilities in the United States and Germany. ExOne also supplies the associated materials, including consumables and replacement parts, and other services, including training and technical support, necessary for purchasers of its machines to print products.