Protolabs Appoints Oleg Ryaboy as New Chief Technology Officer

MINNEAPOLIS — (BUSINESS WIRE) — September 8, 2022Protolabs (NYSE: PRLB), a leading online and technology-enabled manufacturer, today announced Oleg Ryaboy as its new Global Chief Technology Officer effective September 9, 2022.

“After an extensive search we’re extremely excited to welcome Oleg to our leadership team,” said Rob Bodor, CEO and President at Protolabs. “With an all-new e-commerce platform and the addition of a distributed network of suppliers, we’re entering the next chapter of digital manufacturing. I’m confident Oleg’s experience and expertise will help guide us into the future.”

Ryaboy joins the digital manufacturer after more than 12 years as a technology leader at Digital River, a global e-commerce platform and software-as-a-service company providing online storefronts for businesses like Nvidia, Microsoft, Autodesk, and many others. During his tenure at Digital River, he served as CTO and Senior Vice President where he transitioned most of the company’s platform to independent services to accelerate development, and he introduced artificial intelligence and machine learning to core business functions, among other accomplishments.

“There is so much opportunity with an innovative company like Protolabs, which has architected the foundation for digital manufacturing,” said Ryaboy. “But like most software-driven companies, evolution is constant. I’m ready to help Protolabs continue redefining how manufacturing looks in the industry and what is possible for product developers around the world.”

About Protolabs

Protolabs is the world’s leading provider of digital manufacturing services. The e-commerce-based company offers injection molding, CNC machining, 3D printing, and sheet metal fabrication to product developers, engineers, and supply chain teams across the globe. Protolabs serves customers using in-house production capabilities that bring unprecedented speed in tandem with Hubs, a Protolabs Company, which serves customers through its network of premium manufacturing partners. Together, they help companies bring new ideas to market with the fastest and most comprehensive digital manufacturing service in the world. Visit protolabs.com for more information.

Forward-Looking Statements

Statements contained in this press release regarding matters that are not historical or current facts are “forward-looking statements” within the meaning of The Private Securities Litigation Reform Act of 1995. These statements involve known and unknown risks, uncertainties and other factors which may cause the results of Protolabs to be materially different than those expressed or implied in such statements. Certain of these risk factors and others are described in the “Risk Factors” section within reports filed with the SEC. Other unknown or unpredictable factors also could have material adverse effects on Protolabs’ future results. The forward-looking statements included in this press release are made only as of the date hereof. Protolabs cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, Protolabs expressly disclaims any intent or obligation to update any forward-looking statements to reflect subsequent events or circumstances.



Contact:

Investor Relations Contact
Ryan Johnsrud
Manager – Investor Relations and FP&A, Protolabs
ryan.johnsrud@protolabs.com
612-225-4873

Media Contact
Brent Renneke
PR + Media Strategist, Protolabs
brent.renneke@protolabs.com
763-479-7704

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