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Stratasys, Inc. Announces Stock Repurchase Program

7 July 1999

Stratasys, Inc. Announces Stock Repurchase Program

    MINNEAPOLIS--July 7, 1999--Stratasys, Inc. today announced that its Board of Directors has authorized management to increase its repurchase, from time to time, up to 1,000,000 shares of the Company's common stock. This supersedes all prior stock repurchase authorizations.
    This action reflects the Board of Directors' belief that the Company's common stock is undervalued and demonstrates the Board's optimism in the Company's future and commitment to enhancing shareholder value.
    Stratasys, Inc., founded in 1989, is a manufacturer of rapid prototyping systems for automotive, aerospace, industrial, recreation, electronic, medical and consumer products OEMs. The Company's patented Fused Deposition Modeling (FDM) and Genisys rapid prototyping processes create 3-dimensional plastic and wax prototype parts directly from 3-D CAD systems. The Company is located at 14950 Martin Drive, Eden Prairie, Minnesota 55344-2020.
    Except for the historical information herein, the matters discussed in this news release are forward-looking statements that involve risks and uncertainties, including the timely development and acceptance of new products, the impact of competitive products and pricing, and the other risks detailed from time to time in the Company