Waltham, Mass., June 02, 2022 (GLOBE NEWSWIRE) — Nano Dimension Ltd. (NNDM, “Nano Dimension” or the “Company”), an industry leader in additively manufactured electronics (AME) and micro-additive manufacturing (Micro-AM), today announced the appointment of Saul Simon to the Board of Directors of the Company, with immediate effect.
Mr. Simon has decades of experience building cutting-edge automation platforms in the areas of human-machine interface, software development tools, natural language processing, data science and user-oriented AI systems. He is an expert in identifying situations where technological innovation offers a potential breakthrough in business performance, working closely with research and development (R&D) to ensure the product is perfect and delivered in a timely manner.
While working for Signals Analytics Ltd. From 2013 to 2019, a custom big data analytics automated research provider, Mr. Simon designed a fully automated “production line” platform and worked closely with R&D to build it. This AI-powered platform removed over 95% of manual effort, processed an order of magnitude more data, and delivered remarkably more accurate results.
Signals Analytics was acquired by Kenshoo in 2020.
Moreover, while working at Pontis Ltd. in 2009-2013, which provided a powerful promotion engine for telecommunications companies around the world, Mr. Simon implemented a fully automated, closed-loop target marketing solution that removed 95% of the work with targeting accuracy striking.
Pontis was acquired by Amdocs Limited.
While working for Retalix Ltd. in 1998-2009, Mr. Simon invented a revolutionary loyalty and promotion platform. As the top-selling product in its space for several years, it has also been selected by Gartner as the #1 product in its category for 3 consecutive years.
Retalix was acquired by NCR Corporation.
Mr. Simon is a Major (Retired) and served in the Air Force as a Phantom F-4 and F-15 fighter pilot.
He graduated with honors from the Israeli Air Force Academy and earned a Bachelor of Science in Mathematics and Computer Science from Tel Aviv University.
Mr. Yoav Stern, CEO of Nano Dimension, said, “Saul’s experience in the field of deep learning and artificial intelligence, combined with a unique ability to identify and develop the path from technologies to business models to products, will make a significant contribution to the ability of our Board of Directors to direct and oversee the Company’s efforts in these areas. We look forward to an exciting cooperation.
About Nano Dimension
The vision of Nano Dimension (NNDM) is to transform the electronics and similar additive manufacturing sectors through the development and delivery of an environmentally friendly and economically efficient additive manufacturing solution, Industry 4.0, while enabling a conversion in one production step from digital designs to functional devices – on demand, anytime, anywhere.
The Dragonfly IV® system and specialized materials serve the entire industry Hhigh-Pperformance-Eelectronic-Ddevices (Hi-PED®) manufacturing needs by simultaneously depositing proprietary conductive and dielectric substances, while integrating in situ capacitors, antennas, coils, transformers and electromechanical components. The results are Hi-PED® which are key enablers of autonomous smart drones, cars, satellites, smartphones and in vivo medical devices. Additionally, these products enable iterative development, IP security, rapid time to market, and device performance gains.
Nano Dimension also develops complementary production equipment for Hi-PED® and printed circuit board (PCB) assembly (Puma, Fox, Tarantula, Spider etc.). The main competitive advantage of this technology is its adaptive and highly flexible surface mount technology (SMT) pick and place equipment, material dispenser suitable for both high-speed and micro-dispensing , as well as intelligent storage of production materials. and logistics system. Additionally, Nano Dimension is a leading developer and supplier of high performance control electronics, software and ink supply systems. It invents and supplies state-of-the-art 2D and 3D printing hardware and unique operating software. It focuses on high-value, precision-driven applications such as specialty packaging direct to containers, printed electronic functional fluids, and 3D printing, all of which can be controlled by the proprietary software system – Atlas.
Serving similar users of Hi-PED®nanodimensions Factory 2.0 The additive microfabrication system enables the production of microparts based on a digital light processor (DLP) engine that achieves repeatable micron resolution. The Fabrica 2.0 is designed with a patented range of sensors that enables a closed feedback loop, using proprietary materials to achieve very high accuracy while remaining a cost effective mass manufacturing solution. It is used in the fields of micron-level resolution of medical devices, micro-optics, semiconductors, micro-electronics, micro-electro-mechanical systems (MEMS), microfluidics and life science instruments.
For more information, visit www.nano-di.com.
This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. Words such as “expects”, “anticipates”, “intends”, “anticipates”, “believes”, “seeks”, “estimates” and similar expressions or variations of these words are intended identify forward-looking statements. Because these statements address future events and are based on Nano Dimension’s current expectations, they are subject to various risks and uncertainties, and Nano Dimension’s actual results, performance or achievements could differ materially from those described or implied. heard by the statements in this press. Release. For example, Nano Dimension uses forward-looking statements when discussing Mr. Simon’s contributions to the Company’s Board of Directors. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under “Risk Factors” in Nano Dimension’s Annual Report on Form 20-F filed with the Securities and Exchange Commission (“SEC”) on March 31, 2022, and in any subsequent filings with the SEC. Except as otherwise required by law, Nano Dimension assumes no obligation to publicly release any revisions to these forward-looking statements. to reflect events or circumstances after the date hereof or to reflect the occurrence of unforeseen events.Web site references and links have been provided as a convenience, and the information contained on such web sites is not incorporated by reference in this press release Nano Dimension is not responsible for the content of third-party websites.
NANO DIMENSION INVESTOR RELATIONS CONTACT
Yael Sandler, Chief Financial Officer | [email protected]