One entrant chosen by Edison Nation as having potential for licensing agreement

MINNEAPOLIS & REHOVOT, Israel — (BUSINESS WIRE) — April 4, 2013 — Stratasys Ltd. (NASDAQ: SSYS), a leading manufacturer of 3D printers and production systems for prototyping and manufacturing, today announced the winners of its ninth annual Extreme Redesign 3D Printing Challenge. The global contest encourages students to submit an innovative product design, a redesign of an existing product, or an original work of art or architecture.

Stratasys is awarding the top three student winners $2,500 or $1,000 scholarships in each of the categories of Middle and High School Engineering, College Engineering, and Art and Architecture. Instructors of each of the three first-place student winners will receive a tablet PC for use in the classroom.

This year’s finalists in the College Engineering category also had their designs examined to see if they had potential for a licensing agreement and commercialization by a manufacturer. This process was done in partnership with online inventor community, Edison Nation, which operates the hit TV show, Everyday Edisons. After considering finalist designs, Edison Nation identified one design submission as having strong potential for submission to the licensing search process and a potential future licensing agreement. The company will recommend steps the entrant should take to pursue this possibility.

Designs are awarded based on creativity, usefulness, part integrity and aesthetics. Each submission is required to be a sound mechanical design, be realistic and achievable and include a clear written description of the design. This year’s contest also featured the award category, “Engineering a Difference,” in which students competed for a bonus prize. Students whose designs were aimed at solving a great societal challenge had a chance to win a $250 gift card.

Winners were selected by a distinguished panel of independent judges from industry. This year's judges were Patrick Gannon, RP+M division of Thogus, Todd Grimm, TAGrimm & Associates, and Ian Kovacevich, Enventys.

For video, photos, and descriptions of this year’s winning designs, visit Extreme Redesign 3D Printing Challenge.

WINNING DESIGNS:

College Engineering Category

1^st Crawler 2.0; Andrew Roderick/Brian Booth, Andrews Univ., Berrien Springs, Michigan
2^nd Multi-Rack; Sandra Wojtecki/Helena Skonieczna, Ryerson Univ., Toronto, Ontario
3^rd Snack Cup; Sivan Arbel/Julia Mozheyko, Ryerson Univ., Toronto, Ontario

Art & Architecture Category

1^st Emergent Automated Mfg; Connor Nicholas, Savannah College of Art & Design, Savannah, Georgia
2^nd Virtual Organic Glasses; Hichang Ki; IDAS, Seoul, South Korea
3^rd Running Charger; Max Meaker, Kentridge H.S., Kent, Washington

Middle/High School Engineering Category

1^st Magnesium Fire Starter; Josh Ryan, Grand Haven H.S., Michigan
2^nd Math Over All Boundaries; Ethan Koeppe/Ethan McMillan, Grand Haven H.S., Michigan
3^rd Easy Open Bottle Cap; Zachary Sia, Pittsford Mendon H.S., Pittsford, New York

Edison Nation Pick

Crawler 2.0; Andrew Roderick, Brian Booth; Andrews Univ; Berrien Springs, Michigan

Edison Nation will advise the team of Roderick and Booth on steps they should take to pursue a possible licensing agreement and commercialization of their invention.

About Stratasys Ltd.
Stratasys Ltd. (Nasdaq: SSYS) is the corporate entity formed in 2012 by the merger of 3D printing companies Stratasys Inc. and Objet Ltd., based in Minneapolis, Minn. and Rehovot, Israel. The Company manufactures 3D printers and materials for prototyping and production. Its patented FDM^® and PolyJet^® processes produce prototypes and manufactured goods directly from 3D CAD files or other 3D content. Systems include affordable desktop 3D printers for idea development, a range of systems for prototyping, and large production systems for direct digital manufacturing. Since June 2012, the Company’s range of over 130 3D printing materials is the widest in the industry and includes in excess of 120 proprietary inkjet-based photopolymer materials and 10 proprietary FDM-based thermoplastic materials. Stratasys also manufactures Solidscape 3D Printers and operates the RedEye On Demand digital-manufacturing service. The Company has more than 1100 employees, holds more than 500 granted or pending additive manufacturing patents globally, and has received more than 20 awards for its technology and leadership. Online at: www.stratasys.com or http://blog.stratasys.com.