FORMLABS ADDS APPLE EXEC DAN RICCIO TO BOARD

Riccio joins Formlabs at a time of growing interest in 3D printing technology for industrial applications. During his tenure at Apple, Riccio oversaw hardware engineering and product development for major initiatives, giving him deep expertise in manufacturing and design. As a strategic adviser, Riccio will guide Formlabs on product development and business strategy. His stake in the company signals confidence in the 3D printer maker's direction. Formlabs manufactures desktop 3D printers and materials for prototyping and production use. The company has positioned itself in the additive manufacturing market, competing in sectors ranging from healthcare to jewelry production. Riccio's appointment to the board represents Formlabs' effort to strengthen leadership as the 3D printing sector expands. His experience scaling hardware products at a major technology company could prove valuable as Formlabs pursues growth and new market opportunities.