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NORTH HUNTINGDON, Pa.–(BUSINESS WIRE)–The
ExOne Company
(Nasdaq: XONE) (“ExOne”), a global provider of
three-dimensional (“3D”) printing machines, 3D printed products,
materials and services to industrial customers, today announced its
initial X1 25PRO™ beta machine partnership with Kennametal Inc. (NYSE:
KMT), a global leader in material science, tooling and wear-resistant
solutions.

During the beta period ExOne and Kennametal will have an opportunity to
evaluate the new X1 25PRO™ machine and trial test new materials and
processes. As a multiple machine customer, Kennametal is on the cutting
edge of binder jetting technology adoption for additive manufacturing.

“We see binder jetting technology as a key enabler for our
differentiated, high-performance wear materials, such as tungsten
carbide and Kennametal Stellite™ alloys,” said Sherri McCleary,
Director, Business Development Additive, Kennametal. “Kennametal is
uniquely qualified to supply these additive materials and components,
and we’re pleased to collaborate with ExOne on cutting-edge technology
with the potential to help us advance from prototyping to serial
production.”

“Working with innovative, global companies like Kennametal is another
important step towards integrating industrial 3D printing into existing
and new production lines. We are excited to bring Kennametal on as a
beta user and look forward to beginning the testing program”, said John
Hartner, Chief Executive Officer, ExOne.

The new X1 25PRO™ will be revealed at the RAPID
+ TCT
event in Detroit, MI, May 20th – 23rd.
This high-resolution production machine is capable of printing metal,
ceramic, and other advanced material parts directly. The X1 25PRO™ can
print standard industry powders utilized in MIM (metal injection
molding) and other PM (powdered metal) processes. ExOne has already
received a production order for the X1 25PRO™. The X1 25PRO™ will
utilize proven technology demonstrated on ExOne’s Innovent+™ and will be
shipping to customers later this year.

Visit ExOne’s website to learn more: https://www.exone.com.

Visit Kennametal’s website to learn more: https://www.kennametal.com

About ExOne®

ExOne is a global provider of 3D printing machines, 3D printed products,
materials and services to industrial customers. ExOne’s business
primarily consists of manufacturing and selling 3D printing machines and
printing products to specification for its customers using its installed
base of 3D printing machines. ExOne’s machines serve direct and indirect
applications. Direct printing produces a component; indirect printing
makes a tool to produce a component. ExOne offers pre-production
collaboration and print products for customers through its network of
ExOne Adoption Centers (“EACs”). ExOne also supplies the associated
materials, including consumables and replacement parts, and other
services, including training and technical support that is necessary for
purchasers of its 3D printing machines to print products. The Company
believes that its ability to print in a variety of industrial materials,
as well as its industry-leading volumetric output (as measured by build
box size and printing speed) uniquely position ExOne to serve the needs
of industrial customers.

About Kennametal

With over 80 years as an industrial technology leader, Kennametal Inc.
delivers productivity to customers through materials science, tooling
and wear-resistant solutions. Customers across aerospace, earthworks,
energy, general engineering and transportation turn to Kennametal to
help them manufacture with precision and efficiency. Every day
approximately 10,000 employees are helping customers in more than 60
countries stay competitive. Kennametal generated nearly $2.4 billion in
revenues in fiscal 2018. Learn more at www.kennametal.com.
Follow @Kennametal: Twitter,
Instagram,
Facebook,
LinkedIn
and YouTube.

Contacts

ExOne Customers:
Charlie Grace
Chief
Customer Officer

(781) 820-1582
[email protected]

ExOne Investors:
Brian W. Smith
Senior
Vice President-Corporate Development
(724) 765-1350
[email protected]

Deborah K. Pawlowski / Karen L. Howard
Kei Advisors LLC
(716)
843-3908 / (716) 843-3942
[email protected]
/ [email protected]