ESSENTIUM AND HEPHZIBAH JOIN FORCES TO ADVANCE ADDITIVE MANUFACTURING IN SOUTH KOREA

The combination of Hephzibah’s best-in-class service, customer support, and use-case specific expertise, together with the ground-breaking speed and economics of the Essentium High Speed Extrusion (HSETM) 3D Printing Platform will help resolve many of the historic barriers to widespread adoption of industrial-scale AM in the South Korean market.

Austin, Texas, July 8, 2020 -- Essentium, Inc., a leading innovator of industrial additive manufacturing (AM) solutions, today announced a distribution partnership with prominent South Korean 3D printing specialist, Hephzibah. The combination of Hephzibah's best-in-class service, customer support, and use-case specific expertise, together with the ground-breaking speed and economics of the Essentium High Speed Extrusion (HSETM) 3D Printing Platform will help resolve many of the historic barriers to widespread adoption of industrial-scale AM in the South Korean market.

Manufacturing firms in South Korea recognize that adding 3D printing to their factory floors could save billions in production costs. However, they face significant obstacles to using 3D printing for large-scale production, such as the strength of parts, speed and scale of production, and economics. The Essentium and Hephzibah partnership will deliver AM solutions, based on open ecosystems, that produce parts with the strength, speed, and scale customarily associated with injection-molding and with vastly improved economics.
Said Blake Teipel, Ph.D., CEO and Co-founder, Essentium: "The South Korea manufacturing industry - from automotive to consumer electronics and, more recently, aerospace - has a best-in-world reputation for quality and innovation. The integration of industrial-scale AM onto the factory floors of this manufacturing powerhouse has hugely exciting potential. I have no doubt that the combination of the Essentium 3D Printing Platform with Hephzibah's rich customer knowledge and service infrastructure will ensure AM makes its mark in South Korea."
Said Joseph M.G. Lee, President and CEO, Hephzibah: "The speed, scale, and economics of the Essentium HSE 3D Printing Platform present huge efficiencies and improved time-to-market opportunities for our customers. The fact that Essentium is an open platform means that our customers will benefit from greater innovation agility."
Hephzibah will offer the complete Essentium HSE 180•S Series, including low temperature, standard, and high-temperature models, that produce end-use parts 5-15x faster and 5x more accurately than conventional Fused Filament Fabrication (FFF). It will also offer a complete range of Essentium's innovative materials to meet the diverse and complex demands of manufacturing applications.
Hephzibah customers will be able to de-risk their additive manufacturing investments by taking advantage of the company's extensive planning, installation, training and support services, and 3D printing facility and training center to explore and develop applications.

About Hephzibah
Hephzibah has a very good industrial network in Korea, which has been in manufacturing and distribution of industrial equipment for 34 years. In particular, the industrial 3D printer business, which began distribution in 2012, has a highly optimized organization and network to creatively find applications and new markets.

About Essentium
Essentium, Inc. provides industrial 3D printing solutions that are disrupting traditional manufacturing processes by bringing product strength and production speed together, at scale, with a no-compromise engineering material set. Essentium manufactures and delivers innovative industrial 3D printers and materials, enabling the world's top manufacturers to bridge the gap between 3D printing and machining and embrace the future of additive manufacturing.

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