Thursday, March 17, 2011

David Reis Named CEO of Objet Geometries Ltd.


Rehovot, Israel (March 26, 2009) – Objet Geometries Ltd., the innovation leader in 3D printing, today announced that printing technologies pioneer David Reis has been named President and CEO, effective immediately. He assumes the role from Adina Shorr, who steps down after six successful years at the company.

Mr. Reis, who has served on the Objet board since 2001 and is currently Objet’s Active Vice Chairman, holds a B.A. in Economics and Business Administration and an MBA from Denver University. Mr. Reis brings to the company extensive leadership and international management experience. Most recently, he served as President and CEO of NUR Macroprinters Ltd.

Under Ms. Shorr’s leadership Objet transformed from a startup to a leading player in the global 3D printing market. In particular, she helped bring to market numerous new rapid prototyping innovations, including the Connex500™, the first system to allow simultaneous printing of several materials with different mechanical and physical properties, and the latest Alaris30, a first-of-its-kind desktop rapid prototyping system.

Elan Jaglom, Chairman of the Board, said: “All of us at Objet extend a warm welcome to David Reis, whose unparalleled experience, insights and knowledge of the company will propel Objet to new heights in the 3D printing industry. We also sincerely thank Adina Shorr for the tremendous accomplishments during her tenure. Adina will retain an advisory role to the Objet board in various activities.”

Under Mr Reis, Objet will continue to build on its strategies, leveraging the momentum already generated to drive Objet’s success through the coming years.
Despite the challenging economic times, Objet has embarked on several new strategic projects, including expanding its European and Asia Pacific presence, the implementation of a worldwide Oracle Enterprise Resource Planning (ERP) system and the completion of a state-of-the-art resin plant.

About Objet Geometries

Objet Geometries Ltd., a pioneer in photopolymer jetting, develops, manufactures and globally markets ultra-thin-layer, high-resolution 3-Dimensional printing systems and materials that utilize PolyJet™ and PolyJet Matrix™ polymer jetting technologies to print ultra-thin layers.

The market-proven Eden™ line of 3-D Printing Systems and the Alaris30 3-D Printer are based on Objet’s patented office-friendly PolyJet Technology. Connex500™ is based on Objet’s PolyJet Matrix™ technology, which jets multiple model materials simultaneously and creates composite Digital Materials™ on the fly. All Objet systems use Objet's FullCure® materials to create accurate, clean, smooth and highly detailed 3-dimensional models.

Objet’s solutions enable manufacturers and industrial designers to reduce cost of product development cycles and dramatically shorten time-to-market of new products. Objet systems are in use by world leaders in many industries, such as automotive, electronics, toy, consumer goods, and footwear industries in North America, Europe, Asia, Australia and Japan.

Founded in 1998, Objet serves its growing worldwide customer base through offices in USA, Europe and Hong Kong, and a global network of distribution partners. Objet owns more than 50 patents and patent pending inventions.
International Advisory Board

An International Advisory Board of leading foreign and Israeli business experts oversees and guides the program. Among others, members include the current and former deans of Columbia Business School, the Chairman of the Board of Israel’s largest bank, established Venture Capitalists, a former Vice-Chairman of Goldman Sachs, and CEOs of leading Israeli hi-tech corporations.

The Advisory Board is active and involved. Meetings take place at least once a year to review development and exchange ideas. The Board is headed by Ehud Houminer, former president and CEO of Philip Morris USA and now Executive-in-Residence at the Columbia Business School, Columbia University, New York. Mr. Houminer serves alongside leading business figures and academics from the US, Israel and the rest of the world. Board members also contribute by providing on-going assistance to students, as well as guest lectures and visits to their businesses. Israeli members assist in job placement for graduates.

List of current members:

· Mr. Ofer Albeck CEO, Tescom International

· Prof. Avishay Braverman Member of the Israeli Knesset and former President, Ben- Gurion University of the Negev, Israel

· Mr. Amiram Bukspan Director-General, Israel Small Enterprises Authority

· Prof. Meyer Feldberg Dean Emeritus, Columbia Business School, USA

· Ms. Orit GadieshChairman, Bain & Company, USA

· Mr. Ehud Houminer – Executive in Residence at Columbia Business School, New York, USA

· Prof. R. Glenn Hubbard, Dean, Columbia Business School and formerly Chairman of the Council of Economic Advisers to President George W. Bush.

· Mr. Elan Jaglom – Private Investor, Geneva

· Ms. Dalia Lev – CEO, Belgal Ltd. Former CEO, IDB Development, Israel

· Mr. Shlomo Nehama – Chairman of the Board, Bank Hapoalim, Israel

· Mr. Yoram Oron Founder & Managing Partner, Vertex, Israel

· Dr. Yitzhak Peterburg Former CEO, Cellcom Ltd.

· Ms. Dalia Katzman-Prashker - Entrepreneur, Israel

· Mr. Shalom Seidler President and CEO Wissotzky Tea

· Mr. Michael Strauss – Chairman, Strauss-Elite Group

· Mr. Alex Waislitz – Executive Chairman, Thorney Holdings, Australia

· Mr. Shlomo Yanai President & CEO, Makhteshim Agan

· Mr. Roy Zuckerberg Former Vice-chairman Goldman Sachs, USA and Chairman of the Board of Governors of Ben-Gurion University



from:http://web.bgu.ac.il/Eng/som/HonorsMBA/InternationalAdvisoryBoard.htm