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Windbag1014

03/31/15 5:01 PM

#32093 RE: Diogenes of Sinope #32092

Here is the biography of the first guy to ask questions today. Wall Street knows that we are alive.


Analyst Biography

Robert Stone
Managing Director
617.946.3932
rob.stone@cowen.com

Rob Stone is a managing director and senior research analyst covering additive manufacturing, digital media, and emerging technologies. He joined Cowen and Company in 1992, and is a six-year winner in The Wall Street Journal Best on the Street survey. Mr. Stone has more than 10 years of broad-based industry experience in high-tech and medical products manufacturing, sales and marketing, and PC systems applications and integration. He received a BA, summa cum laude, from The University of Colorado and an MIM, International Management, from the American Graduate School of International Management.

http://www.cowen.com/cowen-and-company/research/research-coverage/

chef911

03/31/15 5:22 PM

#32095 RE: Diogenes of Sinope #32092

And so we believe right now looking forward to the 12 to 18 months we have the appropriate level of cash on hand to handle these growth initiatives that I mentioned, operationalizing our contract manufacturing opportunities and as well as direct sales and marketing of our PrintRite 3D opportunities as well as to meet our internal research and development activities to bring these final software products to market as well as work with some of our strategic partners as I mentioned one Additive Industries



12-18 months of cash on hand.

stocker83

03/31/15 5:25 PM

#32096 RE: Diogenes of Sinope #32092

Unidentified Analyst

Good morning appreciate your information this morning. Could you maybe go into a little more depth and maybe characterize our relationship in terms of our software suite of what we can provide to industry versus industry's readiness to accept our solution. It seems we sort of we have a solution to a problem that industry is not ready to address. Could you maybe characterize that a little bit for us?

From the Q&A Vivek said it the best:

Vivek Dave - Executive Vice President and Chief Scientist
Yes, so I mean right now to Mark’s point companies could brute inforce INSPECT parts that could do 100% [couple inspection] the problem is it’s going to cost them two to three times more than using an in process approach. So at the end of the day, what’s the [pain] message that’s going to force companies to adopt their technology, it’s inspection cost and the only reason that hasn’t kicked in yet is that companies are not producing millions and millions of parts using additive manufacturing yet. That’s going to change very soon and once that starts changing and those inspection bills come due then you’re going to really see the utility and the advantage of the in process approach. At the end of the day it’s going to be a pain message of cost which gets this technology introduced.

Once we see GE et el Ramp production I see INSPECT AND DEFORM essential to the process. Vivek said it the best