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JAPANESE JOINT VENTURE SECURES MATERIALISE PRESENCE IN ASIA
08 August 2003 - Materialise NV
| Materialise and Yokogawa Techno-Information Service (YTI) create the Joint Venture Materialise-Yokogawa Inc. of which Materialise has become the major shareholder. |
Materialise Yokogawa will represent the Materialise products in the dental and head-related clinical market in Japan. The new company will provide technical support to the existing distributors as well as making direct sales. Regarding the establishment of this joint venture, Materialise’ Yokogawa CEO Mr. Hiroaki Ozaki said: “For years we have been distributing the Materialise’ dental implant planning software SimPlant. The experience of this successful collaboration gives us confidence to proceed with the Materialise products as part of the Materialise group. We see a very strong business potential in Japan and aim at supporting our customers optimally, at this moment and in the long term. We have already gained a strong reputation within the Japanese market and we expect that our business in that region will continue to expand substantially in the years to come.” Materialise CEO Wilfried Vancraen:” With this partnership, we are clearly indicating our long-term commitment. The forecasts look very bright for this co-operation. Thanks to the joint venture with YTI, Materialise will be able to provide its technology directly to Japanese clinicians and patients.In addition their direct feedback will allow to adapt our medical products SimPlant and SurgiGuides better to the specific needs of the Japanese patients.
We are very happy that in the collaboration with YTI we can take a major step to our mission: to support product development resulting in a better and healthier world, using Materialise software and hardware infrastructure and in depth knowledge of Rapid Prototyping, Tooling and Manufacturing.” Materialise also has a branch office in Japan - Materialise Yokohama – which will remain responsible for distribution and support of the industrial Materialise products. Last years’ strategic capital increase with another Japanese partner in the field of rapid prototyping and tooling: ARRK Corporation, has also strengthen Materialise presence on the Japanese industrial market.
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About: Materialise NV
Begun as a joint venture with the University of Leuven-Belgium, Materialise was one of the first European rapid prototyping service bureaus. It has since grown into a European supplier of plastic prototype solutions, and today is a worldwide leader in the rapid prototyping industry. Materialise offers a broad range of rapid prototyping, tooling and digital CAD software. In addition, Materialise prototypes and software have established a reputation in medicine and dentistry, with clinicians the world over using them in the most complex surgical cases. Its design products division concentrates on the development of rapid manufacturing. The company is privately owned with several subsidiaries in Europe, Asia and the USA, and employs over 300 people in its 4 divisions.* Materialise Industrial Services to "materialise" technical prototypes and small series through the most advanced prototyping and tooling techniques.
* Materialise Software to develop the technical software applications that allow a more efficient use of the rapid prototyping techniques.
* Materialise Medical to create medical models using these prototyping techniques and to develop medical software packages that are used by clinicians worldwide to assist them in the most complex cases of surgery.
* Materialise.MGX to manufacture design products for the end-user market. MGX is the youngest division and it draws on the knowledge and expertise of the prototyping division. |
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