4th Sep 2006 07:00
3DM Worldwide PLC04 September 2006 3DM Worldwide plc New manufacturing contract 3DM Worldwide plc ("3DM" or "the Group"), the developer and holder of theintellectual property rights to a polymer-based powder impression moulding ("PIM") process, is pleased to announce that it has reached agreement to developand produce an exclusive range of bathroom products for a third party clientusing its Alpha production line at Bedwas House, Wales. The third party haschosen to remain undisclosed for reasons of commercial confidentiality. Under the terms of this agreement, the client will fund two production mouldsand, on completion of successful product testing, production is anticipated tocommence towards the end of this year. Revenue from the first full year'sproduction is estimated at £300,000. Niall Mackay, Chief Executive of 3DM, comments: "Following closely on from our contract to turn used imaging consumables intopallets, this further agreement demonstrates the versatility of the PIM process.The PIM process has allowed our customer to develop a more extensive productrange, having identified significant commercial and technical advantages overits existing manufacturing processes." 4 September 2006 ENQUIRIES: 3DM Worldwide 02920 885858Niall Mackay, Chief Executive College Hill 020 7457 2020Gareth DavidAnthony Parker This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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