SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
____________________
Form 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): May 6, 1997
3D SYSTEMS CORPORATION
(Exact Name of Registrant as Specified in Charter)
Delaware 0-22250 95-4431352
(State of Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
26081 Avenue Hall
Valencia, California 91355
(Address of Principal Executive Offices)
(805) 295-5600
(Registrant's Telephone Number)
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ITEM 5. OTHER EVENTS
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Reference is made to the press release of Registrant, issued on May 6,
1997, which contains information meeting the requirements of this Item 5, and
which is incorporated herein by this reference. A copy of this press release
is attached to this Form 8-K as Exhibit 99.1.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
May 13, 1997 3D SYSTEMS CORPORATION
By /s/Edward C. Ferrier
___________________________
Edward C. Ferrier
Controller and Acting Chief
Financial Officer
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EXHIBIT INDEX
EXHIBITS PAGE NUMBER
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99.1 Press Release dated May 6, 1997. 5
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News Release
CONTACT: FOR IMMEDIATE RELEASE
Mary E. Woods
Investor Relations
805/295.5600 Ext. 2508
3D SYSTEMS ANNOUNCES SHARE BUY-BACK PLAN
VALENCIA, Calif., May 6, 1997 - 3D Systems Corporation (Nasdaq - NMS:
TDSC) today announced that its board of directors has authorized the company to
buy up to 1.5 million of its shares in the open market and through private
transactions.
The company has approximately 11.8 million shares of common stock
outstanding.
"At its current trading levels, we believe the stock is an excellent value
and that the repurchase program will serve well our shareholders and the
company," according to Arthur B. Sims, the company's chairman and chief
executive officer. "Additionally, the repurchased shares will be available for
issuance when outstanding stock options are exercised."
"The actual number of shares repurchased, and the timing of the purchases,
will be based on 3D's stock price, general conditions and other factors," he
added.
3D Systems Corporation develops, manufactures and markets solid-imaging
systems. In manufacturing, 3D's products fabricate solid objects using input
from CAD/CAM
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systems, substantially reducing the time and cost of bringing new products to
market. Major applications include rapid prototyping and tooling for products
in a variety of manufacturing industries worldwide, including automotive,
aerospace, medical, computer, electronic and consumer products.
Except for the historical information contained in this news release, the
matters discussed are forward-looking statements that involve uncertainties
such as the timely development and acceptance of new products, the impact of
competitive products and pricing, industry-wide economic conditions, the
management of growth and other risks detailed from time to time in the
company's SEC reports, including its 1996 Form 10-K.
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For investor information and faxed financials or press releases on demand,
please call our shareholder communications service at 800/757.1799.
