Nano Dimension Hires Amazon Executive as President of the Americas
June 29 2021 - 8:00AM
Nano Dimension Ltd. (Nasdaq: NNDM), an industry leading
Additively
Manufactured
Electronics
(
AME)/
PE (
Printed
Electronics)
provider, announced today that Sean Patterson will join as
President of Nano Dimension - Americas and will report to Zivi
Nedivi, Global President of Nano Dimension. Patterson will head the
expansion of Nano Dimension’s U.S. operations and execute on the
Company’s current organic and M&A growth strategy.
Patterson has been a proven leader throughout
his career. Most recently, through June 2021, he was at Amazon,
where he held leadership roles in the transportation and healthcare
groups. He has scaled operations, programs, and engineering groups
from pilot organizations to hundreds of facilities as well as
thousands of employees and assets. Prior to Amazon, Patterson was
an executive at TTM Technologies (Nasdaq: TTMI), a leading global
printed circuit board (PCB) manufacturer, focusing on quick-turn
and volume production of technologically advanced PCBs. Patterson
has managed manufacturing operations, led multiple aerospace and
defence manufacturing plants and was involved in a strategic $1B+
acquisition and restructuring. While at TTM, he oversaw the
expansion of its PCB assembly plants and vertical growth within its
supply chain. Patterson was also a first adopter of Nano Dimension
equipment as he pushed to revolutionize legacy manufacturing
processes.
“I am excited by the opportunity to impact the
electronics manufacturing industry, an area I know first-hand, and
one that is prime for disruption,” commented Patterson. “In
speaking with the Nano Dimension team over the last few months, it
is worth noting that I am not only excited about the opportunity,
but also by the actions they have already taken, the foundation
they have built, and the vision we will make a reality. I
have been a proponent of revolutionizing electronics manufacturing
since first entering this industry many years ago, and I am
thrilled to be part of the company leading the change.”
Nano Dimension is proud to recognize Patterson’s
service as a U.S. Navy Submarine Officer following his time at the
United States Naval Academy, where he earned a BS in Systems
Engineering, which was complemented by an MS in Nuclear Science and
Engineering from the Massachusetts Institute of Technology.
Yoav Stern, Chairman and Chief Executive Officer
of Nano Dimension, added, “Sean is joining Nano Dimension to head
what is planned to be an anchor in our success and a highly
important commercial focus – our U.S. operations. Through his
extensive experience at Amazon, TTM, and in the U.S. Navy, he was
consistently proven to be a leader at every point in his
career. I am convinced that he will serve our customers and
shareholders well as we drive transformation across our entire
business and industry.”
About Nano Dimension Nano Dimension
(Nasdaq: NNDM) is a provider of intelligent machines for the
fabrication of Additively Manufactured Electronics (AME).
High fidelity active electronic and electromechanical subassemblies
are integral enablers of autonomous intelligent drones, cars,
satellites, smartphones, and in vivo medical devices. They
necessitate iterative development, IP safety, fast time-to-market,
and device performance gains, thereby mandating AME for
in-house, rapid prototyping and production. The DragonFly
LDM® system is being deployed in a wide range of industries,
including academic and research institutions, defence, aerospace,
autonomous automotive, robotics, and biotech. Its ability to enable
on-site prototyping in a matter of hours instead of weeks; create
products with better performance; reduce the size and weight of
electronic parts and devices; enable innovation; and critically
important, protect IP, is a paradigm shift in how industry and
research institutions will research, develop, and produce
High-Performance Electronic Devices (Hi-PEDs®.) Nano
Dimension machines serve cross-industry needs by depositing
proprietary consumable conductive and dielectric materials
simultaneously, while concurrently integrating in-situ capacitors,
antennas, coils, transformers, and electromechanical components, to
function at unprecedented performance. Nano Dimension bridges the
gap between PCB and semiconductor integrated circuits. A revolution
at the click of a button: From CAD to a functional high-performance
AME device in hours, solely at the cost of the consumable
materials. For more information, please visit www.nano-di.com.
Forward Looking StatementsThis press
release contains forward-looking statements within the meaning of
the “safe harbour” provisions of the Private Securities Litigation
Reform Act of 1995 and other Federal securities laws. Words such as
“expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,”
“estimates” and similar expressions or variations of such words are
intended to identify forward-looking statements. For example, Nano
Dimension is using forward-looking statements in this press release
when it discusses its growth strategy and its ability to transform
its business and industry, as well as Mr. Patterson’s contributions
to its success. Because such statements deal with future events and
are based on Nano Dimension's current expectations, they are
subject to various risks and uncertainties. Actual results,
performance or achievements of Nano Dimension could differ
materially from those described in or implied by the statements in
this press release. The forward-looking statements contained or
implied in this press release are subject to other risks and
uncertainties, including those discussed under the heading “Risk
Factors” in Nano Dimension’s annual report on Form 20-F filed with
the Securities and Exchange Commission (“SEC”) on March 11, 2021,
and in any subsequent filings with the SEC. Except as otherwise
required by law, Nano Dimension undertakes 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 unanticipated events. References and
links to websites have been provided as a convenience, and the
information contained on such websites is not incorporated by
reference into this press release. Nano Dimension is not
responsible for the contents of third-party websites.
NANO DIMENSION INVESTOR RELATIONS CONTACTYael Sandler,
CFO | ir@nano-di.com
U.S. Investor Relations:Dave GentryRedChip Companies
Inc.Dave@redchip.com407-491-4498 or 1-800-RED-CHIP (733-2447)
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