Product design and development veteran joins Markforged to accelerate product innovation and growth

WATERTOWN, Mass. — (BUSINESS WIRE) — August 2, 2021 — Markforged (NYSE: MKFG), creator of the integrated metal and carbon fiber additive manufacturing platform, The Digital Forge, today announced that John Howard joins the company as the Vice President, Engineering. In his role, Howard will lead Markforged’s hardware engineering team and will report to President and CEO Shai Terem.

Howard brings to Markforged more than 30 years of experience in engineering and product design, during which he has developed and launched multiple cutting-edge, high-volume products for Fortune 100, mid-cap and start-up companies. Howard spent 10 years at Lab126, Amazon’s development group for the Kindle eReader, Fire TV and Echo products, most recently leading advanced product development as the Director of Advanced Products. Earlier in his career, he managed PowerBook product design at Apple for a decade, and also held senior development and engineering positions at medical device companies, including Intuity Medical and Nektar Therapeutic.

“At Markforged, we’re constantly innovating to ensure our customers can overcome very real manufacturing supply chain challenges,” said Shai Terem, President and CEO, Markforged. “John has spent more than three decades leading teams dedicated to building and evolving complex platforms so that they meet both today’s and tomorrow’s needs. His creative thinking and extensive innovation skills are just what Markforged needs as we accelerate our product roadmap and enable our customers to print whatever they imagine at the point of need.”

Since 1989, Howard has been a consulting associate professor in mechanical design at Stanford University. As a student at Stanford, he earned his Bachelors of Science in Mechanical Engineering as well as his Masters in Science in Manufacturing Systems Engineering.

“I’ve spent my career creating products and platforms that deliver real value to their users’ lives,” said Howard. “Since the launch of its first printer, Markforged’s creative approach to solving manufacturing and supply chain challenges has made it one of the additive manufacturing industry leaders. I’m looking forward to being part of this engineering team as Markforged continues to expand the reach of the Digital Forge and position itself for even more growth in the years to come.”

For more information about Markforged, please visit www.markforged.com.

About Markforged

Markforged (NYSE: MKFG) is reimagining how humans build everything by leading a technology-driven transformation of manufacturing with solutions for enterprises and societies throughout the world. The Markforged Digital Forge brings the power and speed of agile software development to industrial manufacturing, combining hardware, software, and materials to solve supply chain problems right at the point-of-need. Engineers, designers, and manufacturing professionals all over the world rely on Markforged metal and composite printers for tooling, fixtures, functional prototyping, and high-value end-use production. Markforged is headquartered in Watertown, Mass., where it designs its products with over 350 employees worldwide. To learn more, visit www.markforged.com.

Special Note Regarding Forward-Looking Statements

This press release contains forward-looking statements that are based on beliefs and assumptions and on information currently available. In some cases, you can identify forward-looking statements by the following words: “may,” “will,” “could,” “would,” “should,” “expect,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “project,” “potential,” “continue,” “ongoing” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. These statements involve risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to be materially different from the information expressed or implied by these forward-looking statements. Although Markforged believes that it has a reasonable basis for each forward-looking statement contained in this press release, Markforged cautions you that these statements are based on a combination of facts and factors currently known by it and its projections of the future, about which it cannot be certain. Forward-looking statements in this press release include, but are not limited to, statements regarding Markforged’s product roadmap, pipeline and future innovation, and the benefits to consumers, functionality and applications of Markforged’s products. Markforged cannot assure you that the forward-looking statements in this press release will prove to be accurate. These forward looking statements are subject to a number of risks and uncertainties, including, among others, general economic, political and business conditions; the ability of Markforged to maintain its listing on the New York Stock Exchange; the effect of COVID-19 on Markforged’s business and financial results; the outcome of any legal proceedings against Markforged; and those factors discussed under the header “Risk Factors” in the Proxy Statement and Prospectus filed pursuant to Rule 424B(3) with the SEC on June 24, 2021 and those included under the header “Risk Factors” in one’s Annual Report on Form 10-K and other filings with the SEC. Furthermore, if the forward-looking statements prove to be inaccurate, the inaccuracy may be material. In light of the significant uncertainties in these forward-looking statements, you should not regard these statements as a representation or warranty by us or any other person that Markforged will achieve its objectives and plans in any specified time frame, or at all. The forward-looking statements in this press release represent Markforged’s views as of the date of this press release. Markforged anticipates that subsequent events and developments will cause its views to change. However, while Markforged may elect to update these forward-looking statements at some point in the future, Markforged has no current intention of doing so except to the extent required by applicable law. You should, therefore, not rely on these forward-looking statements as representing Markforged’s views as of any date subsequent to the date of this press release.

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