Press Releases

TOKYO – TOPPAN Holdings Inc. (TYO: 7911) (TOPPAN Holdings) and TOPPAN Group companies TOPPAN Inc. and TOPPAN Digital Inc. will join FPT Techday 2023, which is due to be held in Hanoi, Vietnam, on October 24 and 25.

FPT Techday 2023 is a technology forum organized by FPT Corporation (FPT), a leader in the Vietnamese ICT industry. Until now it has been an event dedicated to presenting FPT’s solutions, but on the occasion of the 35th anniversary of the company’s founding, external companies based outside Vietnam have been invited to take part for the first time. The TOPPAN Group is one of 10 overseas companies to have been selected.

Last year’s FPT Techday attracted more than 10,000 visitors, including representatives of the Vietnamese government and executives from Vietnamese and overseas companies. The event is expected to see an even greater number of attendees this year.

Vietnam has many factory complexes, and multiple new large-scale industrial parks are scheduled to open. Smart factories and digital transformation (DX) of manufacturing are required to address issues related to electrical power and the environment. The TOPPAN Group has thus far rolled out a range of manufacturing DX solutions, predominantly in Japan, and now aims to deliver those solutions to the Vietnamese and Southeast Asian markets.

Main solutions on show

The TOPPAN Group will present its solutions in the Manufacturing corner. Taking the theme of “Empowering Factory Management,” the main features will be the Manufacturing Digital Twin concept, which envisages use of digital twins in factories, and e-Platch™, a smart inspection support service. e-Platch™ makes use of the low-power wide-area network (LPWAN) protocol ZETA and is equipped with a visualization app specialized for remote monitoring and data collection from measurement devices dispersed throughout factories and other facilities.

1) Display of Manufacturing Digital Twin concept

To showcase its efforts targeting the use of digital twins in factories, the TOPPAN Group will present a demonstration featuring a 3D model of a real manufacturing area and screen a video explaining the concept for its use. This involves instantly collecting and analyzing large volumes of data from production equipment, ZETA-compatible sensors, and other IoT devices, and using the TOPPAN Group’s high—definition virtual expression technologies to produce a highly realistic reconstruction of a manufacturing setting in a metaverse space.

The concept that the TOPPAN Group will present targets enhanced productivity through remote real-time monitoring and 3D positioning/line construction simulation. It also aims to raise worker performance through training in virtual spaces and operational assistance on the manufacturing floor, and to create a digital value chain connecting manufacturing locations throughout the world.

2) e-Platch™ smart inspection support service employing LPWAN ZETA

e-Platch™ is a comprehensive monitoring system that drives automated collection of environmental data at factories and enables enhanced risk management. Employing ZETA, an LPWAN protocol, makes it possible to establish wireless communication networks in locations such as factories and warehouses where it has previous been challenging to do so.

Automated data collection is enabled by a solution for automated reading of analog meters using magnetic sensors, by ZETA-compatible sensors (humidity, illuminance, CO2 concentration, water leakage, water level, sound, etc.), or by retrofitting ZETABOX™ to existing measurement devices that have industrial interfaces (4-20mA/RS-485/dry contact). This means that e-Platch™ can be implemented easily, without the need for large-scale construction work or investment.

WALTHAM, MA – Nano Dimension Ltd. (Nasdaq: NNDM) (“Nano Dimension” or the “Company”), a leading supplier of Additively Manufactured Electronics and multi-dimensional polymer, metal & ceramic Additive Manufacturing 3D printers, today announced that it will hold an Extraordinary General Meeting of Shareholders (the “EGM”) on December 13th, 2023, at which shareholders will be asked to approve compensation for the Company’s Directors, including the Chairman of the Board and Nano Dimension’s Chief Executive Officer. In addition, Nano Dimension today announced the continuation of its corporate governance enhancements to further align the Company’s profile with gold standards and best practices based on shareholder feedback and input from governance experts, Institutional Shareholder Services and Glass Lewis, prior to the previous Annual General Meeting on September 7th, 2023.

As part of setting the board to be efficient and effective, Nano Dimension has followed ISS recommendations from March and September 2023: Igal Rotem and Amit Dror are stepping down from the Board effective immediately as part of a planned transition. Amit Dror will also resign from his position as Customer Success Officer.

With these changes, Nano Dimension’s Board has been reduced, since September 2023, from nine to seven directors, with all six non-executive directors being independent.

These changes follow the previously announced separation of the Company’s Chairman and CEO roles, under which independent director Dr. Yoav Nissan-Cohen was appointed Chairman of the Board, as announced on September 15th, 2023.

Yoav Stern, CEO of Nano Dimension, commented, “We intend to continue corporate governance enhancements with refreshed Board composition and Board rightsizing, as well as recruiting unique and highly qualified additions to our present leadership. Our new Chairman, Dr. Yoav Nissan-Cohen, is already highly effective in helping us prepare the Company’s board leadership for the years to come. And we have more improvements planned, most of them aimed to fulfill our main goal: Supporting long term shareholders’ interests.”

Dr. Nissan-Cohen added, “Over the past few months, we have made important changes to our Board to promote independent oversight. Today’s announcement is a continuation of these efforts, as we have considered feedback from our shareholders and independent governance experts. Separately, as part of our effort, Mr. Rotem has left the Board, and I would like to thank him for his contribution over the last 18 months.”

Mr. Stern concluded, “This is an opportunity for all of Nano Dimension’s teams since it is inception in 2014, and me personally, to thank a very special individual, Mr. Amit Dror. He is the co-founder of the Company and its previous CEO. Amit is a visionary and a relentless leader and entrepreneur. His strength and commitment over so many years is part and parcel of what Nano Dimension’s spirit is today. Thank you, Amit. You will always be a part of Nano Dimension, and vice versa.”

Additional Information Regarding the EGM

The EGM will be held December 13th, 2023 at 16:00 p.m., Israel time at the Company’s headquarters in Israel and the following items will be put to a vote:

  1. Approval of cash annual fee for all non-executive directors as of October 1st, 2023.
  2. Approval of a compensation package for the Company’s Chairman of the Board, Dr. Yoav Nissan-Cohen, as of September 13th, 2023.
  3. Approval of a compensation package for the Company’s Chief Executive Officer, Mr. Yoav Stern, as of January 1st, 2024.

The Company’s proxy statement will be mailed to all ADS holders in due course following the November 8th, 2023, record date and will contain any properly presented agenda items from shareholders.

WALTHAM, MA – Nano Dimension Ltd. (Nasdaq: NNDM) (“Nano Dimension” or the “Company”), a leading supplier of Additively Manufactured Electronics and multi-dimensional polymer, metal & ceramic Additive Manufacturing 3D printers, today announced that 4-Star General (Ret.) Michael X. Garrett has been appointed as a member of its Board of Directors, effective as of October 15th, 2023. General Garrett is a retired United States Army four-star general with nearly 40 years of service, most recently serving as Commanding General, United States Army Forces Command (“FORSCOM”), the largest command in the U.S. Army, from March 2019 until his retirement in July 2022.

General Garrett’s 38-year active military career culminated in three years commanding U.S. Army Forces Command and its 750,000 combat and support personnel across the United States, from 2019-2022. In this role, he oversaw training, readiness, and modernization for most active and reserve U.S. Army Soldiers through multiple global crises.

His earlier command tours include U.S. Army Central and its Army Soldiers serving throughout the Middle East; U.S. Army Alaska; and the Army’s first Alaska-based airborne brigade, which Garrett established and deployed into Iraq in the mid-2000s.

General Garrett served nearly 40 years on active duty as an Infantryman, Paratrooper, and Ranger who ultimately rose to the rank of four-star general as Commander of U.S. Army Forces Command from 2019-2022.

General Garrett’s military decorations include the Distinguished Service and Defense Superior Service medals; he is also a Distinguished Member of the 75th Ranger Regiment.

In retirement, General Garrett continues to support service members, military families, and rising professionals as a member of the board of directors for Textron, First Command Financial Services, Semper Fi & America’s Fund, and now Nano Dimension. He is Chairman of the Board of Commissioners for the American Battle Monuments Commission, and serves as an Executive in Residence for Fayetteville State University.

Dr. Nissan-Cohen Chairman, and Yoav Stern, CEO issued a joint statement: “We are honored to add General Garrett to our Board. His extensive experience of running large organizations under challenging time and performance demands, and most of all his proven leadership strategy development capabilities, will enhance our board with large scale thinking and development. We expect that General Garrett’s experience as a Director of Textron Inc. (NYSE: TXT) will contribute to Nano Dimension’s governance policies and implementation thereof, as well as with our go-to-market plans which include approximately 30% defense related customers.”

General Garrett also shared: “It is a privilege to serve as a member of the Nano Dimension team. After following the company closely for the past year, and a recent series of face-to-face engagements with their teams in Switzerland and Israel, I am impressed with the company’s passion for innovation and high-quality technological solutions. But most of all, I am proud to join Nano Dimension's shareholders, customers, and professionals in our shared commitment to strong values and ethical decision-making. This is a winning team.”

SCHRAMBERG, GERMANY – Schweizer Electronic AG, a leading innovator in the field of Printed Circuit Boards (PCB) and Semiconductor Embedding Solutions, is pleased to announce a strategic marketing agreement with Trilogy, one of the largest and most respected sales, service, and consulting organizations in the electronics industry.

Under the terms of the agreement, Trilogy will represent SCHWEIZER’s advanced PCB and Semiconductor Embedding solutions in North America. Trilogy brings over 30 years of proven history with key customers and manufactures in the automotive industry and broad industrial applications. Trilogy’s professionalism and customer relationships along with seamless execution and market knowledge support the strategic move to better Schweizer’s presence and localized support with North American and global customers.

Based out of Michigan, Indiana, Ohio and Pennsylvania and Kentucky, Trilogy will support SCHWEIZER to bring value to key customers in North America, focusing on e-Mobility, Automotive and Industrial markets.

"We are excited to partner with Trilogy, a company that shares our commitment to innovation, engineering and quality", said Nicolas Schweizer, CEO of SCHWEIZER. "This strategic agreement will allow us to leverage Trilogy's customer network and engineering expertise to deliver superior value to our North American customers."

The partnership with Trilogy aligns with SCHWEIZER's strategy to collaborate with leading technology providers to strengthen its position in international markets.

"We are delighted to enter into this strategic agreement with SCHWEIZER", said Terry Bishop, CEO of Trilogy. "We believe that our combined strengths will enable us to deliver innovative solutions for PCB and Semiconductor Embedding applications that meet the highest standards of quality and performance."

ELK GROVE VILLAGE, IL – Amitron, a leading U.S.-based manufacturer of printed circuit boards (PCB) brings an additional 80,000 sq/ft of manufacturing space into the overall MILSPEC ecosystem with high automation, the latest equipment technology, and processes for military and aerospace applications.

With four decades of excellence in printed circuit board manufacturing, Amitron successfully completed a validation audit of its Elk Grove Village, Illinois facilities thus meeting the requirements of MIL-PRF-31032 in alignment with the company's Quality Management Plan approved by Amitron's Technical Review Board. After this rigorous audit and certification process, Amitron has been granted the honor of contributing to the safety and security of the nation.

"Earning Mil-Spec certification is a testament to our capabilities and to our unwavering commitment to America's safety and defense," said Aidan Salvi, Amitron's Chief Transformation Officer "Our dedication to a 'Made in America' ethos ensures that the technologies fortifying our nation's defense are produced right here, at home. We invite industry leaders in aerospace, military, and defense to leverage our expertise and unmatched quality for the safety of their supply chain."

A United States defense standard often called a military standard, "MIL-STD", "MIL-SPEC", or (informally) "Mil Specs", are used to help achieve standardization by the U.S. Department of Defense (DOD). The DOD has more than 20,000 "Mil Specs" that ensure that products purchased for use by the U.S. Military meet the required quality requirements.

A key to Amitron obtaining the Mil-Spec certification is the company's transformation to become a Factory 5.0 facility.

Factory 5.0 is the next evolutionary stage in the manufacturing industry. While Factory 4.0 was predicated on robotics, Factory 5.0 expands on the principles of Industry 4.0 by emphasizing human-centric collaboration, flexibility, and adaptability. Factory 5.0 focuses on a highly integrated and intelligent production environment where humans and machines work in tandem, leveraging each other's strengths to achieve maximum efficiency, productivity, and innovation. Factory 5.0 leverages the availability of AI and advanced software systems to build better-advanced manufacturing processes.

Waltham, MA – Nano Dimension Ltd. (Nasdaq: NNDM) (“Nano Dimension”, “Nano”, or the “Company”), a leading supplier of Additively Manufactured Electronics (“AME”) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (“AM”) 3D printing solutions, today announced its participation in The ThinkEquity Conference, which will take place on October 19th, 2023 at The Mandarin Oriental Hotel in New York.

The ThinkEquity Conference will gather industry insiders, investors and leading executives for a full day of company presentations, one-on-one investor meetings, networking and more. Featured sectors include AI, Technology, Biotechnology, EV/EV Infrastructure, Metals & Mining and Energy.

Attendees will have the opportunity to hear from Nano Dimension’s leadership on how the Company has grown to date and its prospects for future disruption, growth, and industry leadership.

Yoav Stern, Chief Executive Officer of Nano Dimension, commented, “We are looking forward to engaging with investors – long-standing, new, “returning,” and prospective. The revenue performance is clear – we have had exceptional growth with revenue for the first half of 2023 approaching approximately $60 million on an annual basis; compared to revenue for 2022 of $43.6 million, most of the growth generated organically. We are looking forward to have another good experience at the Think Equity Conference, with meaningful conversations with investors, shareholders and analysts.

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