TEI and voxeljet Sign Volume Contract for 3D Printed Sand

FRIEDBERG, Germany–(BUSINESS WIRE)–voxeljet AG (NYSE:VJET) (the “Company” or “voxeljet”), a leading
provider of high-speed, large-format 3D printers and on-demand parts
services to industrial and commercial customers, today announced that
Tooling and Equipment International in Livonia, MI (TEI) has signed
a 3-year Volume Contract with voxeljet America Inc. in Canton, MI for 3D
printed sand molds and cores.

In the contract, TEI has committed to purchase more than 500,000 liters
of 3D printed sand from voxeljet over an expected three-year period. In
connection with the contract, voxeljet will install additional printing
capacity in TEI’s Livonia facility as well as using its existing
machines in their Canton, MI facility.

TEI is the largest user of 3D printed sand in the USA and has a
comprehensive low-pressure aluminum casting facility together with heat
treatment and a state-of-the-art machine shop with over 50 CNC machines.
TEI supplies machined prototype and low volume components in aluminum,
iron and steel to automotive, aerospace and defense customers. With the
help of voxeljet’s high productivity 3D printing systems, geared towards
industrial production, TEI will offer all phases of manufacturing from
one source: design, 3D sand printing, casting, heat treatment,
machining, and inspection.

Oliver Johnson, President of TEI commented: “This is an outstanding
opportunity for both companies to further capitalize on the benefits of
large scale 3D sand printing for engineered aluminum castings. With
voxeljet working alongside us to supply molds and cores, we will be able
to compress lead times even further for our customers while also setting
new records in terms of the size and weight of parts we can cast. ”

David Tait, Managing Director of voxeljet America Inc. commented: “The
3D printing industry is at an inflection point, and this marks another
milestone in our mission to push 3D printing into industrial production.
We are very proud to support TEI’s growth strategy with our unique 3D
printing technology.”

About TEI

TEI is a global leader in the design, engineering and manufacturing of
prototype, pre-production and mass production equipment for the casting
industry. TEI products are the highest quality and are backed by a
reputation for innovation, design excellence, and precise first-run
performance. TEI is a full service, vertically integrated supplier
offering a complete range of services in Engineering, Tooling, Casting,
Machining and Inspection complete on one site. This approach delivers
TEI and its customers’ fundamental advantages in terms of timing,
confidentiality, and quality.

About voxeljet

voxeljet is a leading provider of high-speed, large-format 3D printers
and on-demand parts services to industrial and commercial customers. The
Company’s 3D printers employ a powder binding, additive manufacturing
technology to produce parts using various material sets, which consist
of particulate materials and proprietary chemical binding agents. The
Company provides its 3D printers and on-demand parts services to
industrial and commercial customers serving the automotive, aerospace,
film and entertainment, art and architecture, engineering and consumer
product end markets. For more information, visit http://www.voxeljet.de/en/.

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Investors and Media
Johannes Pesch
Director, Investor
Relations and Business Development
[email protected]
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