Desktop Labs Unveils Strategic Vision to Connect Dental Offices to its Network of Premium Dental Labs Using Advanced Digital Technologies

Rhea-AI Summary

Desktop Metal, a leader in additive manufacturing, launched Desktop Labs, a digital network connecting dental practices with premium dental laboratories. This integrated technology will streamline workflows, enabling dentists to transition to digital dentistry using the iTero Element™ Flex scanners. With a customer base exceeding 12,000 practices, Desktop Labs aims to improve efficiency, reduce turnaround times, and enhance patient experiences. The initiative reflects Desktop Metal's commitment to transforming dental practices through advanced manufacturing solutions.

Positive

• Launch of Desktop Labs expands digital dentistry adoption.
• Integration with iTero Element™ Flex scanners promotes seamless workflows.
• Serves over 12,000 dental practices, enhancing market reach.

Negative

• None.

• Integrated chairside technology will accelerate adoption of digital dentistry by providing a seamless workflow directly from the patient scan to a final manufacturing solution
• iTero Element™ Flex intraoral scanners will connect dentists directly to a suite of offerings from Desktop Labs, a subsidiary of Desktop Metal, that will simplify the digital design and manufacture of restorations with both traditional and digital technologies
• Desktop Labs provides high-quality digital design and manufacturing solutions to more than 12,000 general practices through its trusted community of labs, such as DAL, using state-of-the-art technologies, including Desktop Health 3D printers and materials
• General practices who move to digital dentistry through Desktop Labs will be supported by a comprehensive scanning certification course and Desktop Labs’ experienced lab network and providers

BOSTON--(BUSINESS WIRE)-- Desktop Metal, Inc. (NYSE: DM), a global leader in additive manufacturing technologies for mass production, today unveiled Desktop Labs, a growing network of full-service dental laboratories that will connect directly to dental practices through integrated digital technology.

iTero Element™ Flex intraoral scanners, produced by Align Technology, will serve as the gateway for a connected suite of digital dentistry solutions from Desktop Labs, one of the nation’s largest and most experienced dental lab networks, serving more than 12,000 general practices.

Desktop Labs uses cutting edge traditional and additive manufacturing technologies including premium Desktop Health 3D printers and materials, such as Einstein™ 3D printers and Flexcera™, a family of FDA 510(k)-cleared Class 2 materials for the fabrication of permanent dental restorations. Both Desktop Labs and Desktop Health are subsidiaries of Desktop Metal.

This new dynamic workflow solution will allow dentists to scan patients with an iTero scanner and use the digital data to directly order restoration services or print-ready digital files from Desktop Labs that can be 3D printed chairside in their office. Dentists can order a full range of simple to complex restorations, removables and appliances. That includes bite guards, crowns, veneers, dentures and more.

“At Desktop Labs, our goal is to create all-new connectivity between dental practices and premium, high-quality dental labs that drives efficiency, faster turnaround times, and a more predictable patient experience,” said Lou Azzara, President of Desktop Labs. “We welcome both dentists and labs to join our cutting-edge digital dentistry community. The best part of our network is that we aim to connect dentists with labs they already know and trust in a workflow that simplifies the way we all work together.”

Dental practices and dental laboratories interested in participating in the digital lab network are invited to visit www.desktoplabs.com to learn more.

About Desktop Metal

Desktop Metal, Inc., based in Burlington, Massachusetts, is accelerating the transformation of manufacturing with an expansive portfolio of 3D printing solutions, from rapid prototyping to mass production. Founded in 2015 by leaders in advanced manufacturing, metallurgy, and robotics, the company is addressing the unmet challenges of speed, cost, and quality to make additive manufacturing an essential tool for engineers and manufacturers around the world. Desktop Metal was selected as one of the world’s 30 most promising Technology Pioneers by the World Economic Forum and named to MIT Technology Review’s list of 50 Smartest Companies. For more information, visit www.desktopmetal.com.

Forward-looking Statements

This press release contains certain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks, uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this document, including but not limited to, the risks and uncertainties set forth in Desktop Metal, Inc.'s filings with the U.S. Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Desktop Metal, Inc. assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221103005611/en/

Media Relations:

Sarah Webster

(724)516-2336

Sarahwebster@desktopmetal.com

Investor Relations:

Jay Gentzkow

(781) 730-2110

jaygentzkow@desktopmetal.com

Source: Desktop Metal, Inc.

FAQ

What is Desktop Labs and how does it relate to DM?

Desktop Labs is a network of dental laboratories launched by Desktop Metal (DM) to streamline digital dentistry processes.

How many dental practices does Desktop Labs serve?

Desktop Labs serves over 12,000 general dental practices.

What technology is used in Desktop Labs for digital dentistry?

Desktop Labs uses iTero Element™ Flex intraoral scanners for seamless digital workflows.

What is the goal of Desktop Labs for dental practices?

The goal is to enhance efficiency, reduce turnaround times, and provide a better patient experience through integrated technology.