Introduction of the VX2000

On December 3, 2013, we announced the launch of the latest in our full line of large format industrial 3D printers, the VX2000. The new printer was demonstrated for the first time at Euromold in Frankfurt, Germany. The VX2000 is equipped with a build space of two cubic meters, making it one of the largest commercially available 3D printing platforms in the market. The large build format of the VX2000 is suited to a variety of applications in the automotive or aviation industry, at foundries, pump manufacturers or the equipment building industry.

Announces Lease Signing for Canton, Michigan Facility

We have signed a five year lease for a U.S. industrial 3D printing service center, located near Detroit, MI. Our U.S. service center is expected to commence printing in the third quarter of 2014. The facility is approximately 50,000 square feet and will allow us to print on-demand parts, molds, cores and models for automotive and other industrial customers.

Business Outlook

With respect to the year ending December 31, 2014, we expect revenue to exceed kEUR 18,000, with revenue growth in excess of 50%.

The Company’s total backlog of 3D printer orders at March 15, 2014 was kEUR 4,100, which represents seven 3D printers. We estimate that all of the 3D printers in our backlog will ship prior to December 31, 2014. As production and delivery of our printers is general not characterized by long lead times, backlog is more dependent on the timing of customers’ requested deliveries.

Webcast and Conference Call Details

The Company will host a conference call and webcast to review its fourth quarter and full year ended December 31, 2013 financial results on Friday, March 28th at 8:30 a.m. Eastern Time.

Interested parties may access the live audio broadcast by dialing 877-705-6003 in the United States/Canada, or +1 201-493-6725 for international, Conference Title “voxeljet AG Fourth Quarter and Full Year 2013 Financial Results Conference Call.” Investors are requested to access the call at least five minutes before the scheduled start time in order to complete a brief registration.

A live webcast of the call will also be available on the investor relations section of the Company’s website. Please go to the website ( http://www.voxeljet.de/en/) at least fifteen minutes prior to the start of the call to register, download and install any necessary audio software.

About voxeljet

voxeljet is a leading provider of high-speed, large-format 3D printers and on-demand parts services to industrial and commercial customers. The Company’s 3D printers employ a powder binding, additive manufacturing technology to produce parts using various material sets, which consist of particulate materials and proprietary chemical binding agents. The Company provides its 3D printers and on-demand parts services to industrial and commercial customers serving the automotive, aerospace, film and entertainment, art and architecture, engineering and consumer product end markets. For more information, visit http://www.voxeljet.de/en/.

Cautionary Statement on Forward-Looking Statements

This press release contains forward-looking statements concerning our business, operations and financial performance. Any statements that are not of historical facts may be deemed to be forward-looking statements. You can identify these forward-looking statements by words such as ‘‘believes,’’ ‘‘estimates,’’ ‘‘anticipates,’’ ‘‘expects,’’ ‘‘plans,’’ ‘‘intends,’’ ‘‘may,’’ ‘‘could,’’ ‘‘might,’’ ‘‘will,’’ ‘‘should,’’ ‘‘aims,’’ or other similar expressions that convey uncertainty of future events or outcomes. Forward-looking statements include statements regarding our intentions, beliefs, assumptions, projections, outlook, analyses or current expectations concerning, among other things, our results of operations, financial condition, business outlook, the industry in which we operate and the trends that may affect the industry or us. Although we believe that we have a reasonable basis for each forward-looking statement contained in this press release, we caution you that forward-looking statements are not guarantees of future performance. All of our forward-looking statements are subject to known and unknown risks, uncertainties and other factors that are in some cases beyond our control and that may cause our actual results to differ materially from our expectations, including our failure to maintain effective internal control over financial reporting and those other risks identified under the caption “Risk Factors” in the Company’s Registration Statement on Form F-1 and in other reports the Company files with the U.S. Securities and Exchange Commission. Except as required by law, the Company undertakes no obligation to publicly update any forward-looking statements for any reason after the date of this press release whether as a result of new information, future events or otherwise.

STATEMENT OF FINANCIAL POSITION OF VOXELJET AG
				12/31/2013			12/31/2012
Thousands of Euros
		Current assets		39,977			4,104
		Cash and cash equivalents		33,459			301
		Financial assets		744			108
		Trade receivables		1,003			625
		Inventories		3,641			2,806
		Income tax receivables		129			-
		Other assets		1,001			264
		Non-current assets		17,939			6,634
		Financial assets		1,561			925
		Intangible assets		62			52
		Property, plant and equipment		16,316			5,299
		Deferred tax assets		-			358
		Total assets		57,916			10,738
				12/31/2013			12/31/2012
Thousands of Euros
		Current liabilities		7,090			4,322
		Deferred income		622			533
		Trade payables		1,502			560
		Income tax payable		14			17
		Financial liabilities		1,922			2,366
		Other liabilities and provisions		3,030			846
		Non-current liabilities		5,426			5,198
		Deferred income		1,337			1,063
		Financial liabilities		3,863			4,128
		Other liabilities and provisions		226			7
		Equity		45,400			1,218
		Subscribed Capital		3,120			1,000
		Capital reserves		46,038			1,262
		Accumulated deficit		(3,758	)		(1,044	)
		Total equity and liabilities		57,916			10,738

STATEMENT OF COMPREHENSIVE INCOME (LOSS) OF VOXELJET AG
				For the Quarter Ended						For the Year Ended
				December 31, (unaudited)						December 31,
				2013			2012			2013			2012
Thousands of Euros
		Revenues		3,693			2,080			11,688			8,711
		Cost of sales		(2,168	)		(1,250	)		(7,045	)		(4,957	)
		Gross profit		1,525			830			4,643			3,754
		Selling expenses		(1,303	)		(276	)		(2,640	)		(1,510	)
		Administrative expenses		(1,050	)		(171	)		(1,676	)		(758	)
		Research and development expenses		(1,283	)		(565	)		(2,651	)		(1,573	)
		Other operating expenses		(105	)		(17	)		(583	)		(62	)
		Other operating income		157			244			894			822
		Operating profit (loss)		(2,059	)		45			(2,013	)		673
		Finance expense		(94	)		(87	)		(380	)		(363	)
		Finance income		20			12			37			18
		Financial result		(74	)		(75	)		(343	)		(345	)
		Profit (loss) before income taxes		(2,133	)		(30	)		(2,356	)		328
		Income taxes		(414	)		(13	)		(358	)		(116	)
		Profit (loss)		(2,547	)		(43	)		(2,714	)		212
		Other comprehensive income		-			-			-			1
		Total comprehensive income (loss)		(2,547	)		(43	)		(2,714	)		213
		Weighted average number of ordinary shares outstanding		3,008,000			2,000,000			2,252,000			2,000,000
		Earnings (loss) per share - basic/diluted (EUR)		(0.85	)		(0.02	)		(1.21	)		0.11
		Earnings (loss) per share - diluted (EUR)		(0.85	)		(0.02	)		(1.21	)		0.11

REVENUES AND GROSS PROFIT BY BUSINESS SEGMENT
				For the Quarter Ended						For the Year Ended
				December 31, (unaudited)						December 31,
				2013			2012			2013			2012
Thousands of Euros
		Revenues
		Systems		2,458			932			6,343			3,464
		Services		1,235			1,148			5,345			5,247
		Total revenues		3,693			2,080			11,688			8,711
		Cost of Sales
		Systems		(1,273	)		(696	)		(3,838	)		(2,065	)
		Services		(895	)		(554	)		(3,207	)		(2,892	)
		Total Cost of Sales		(2,168	)		(1,250	)		(7,045	)		(4,957	)
		Gross Profit
		Systems		1,185			236			2,505			1,399
		Services		340			594			2,138			2,355
		Gross Profit		1,525			830			4,643			3,754
		Gross Profit Margin (%)
		Systems		48.2	%		25.3	%		39.5	%		40.4	%
		Services		27.5	%		51.7	%		40.0	%		44.9	%
		Gross Profit Margin (%)		41.3	%		39.9	%		39.7	%		43.1	%

STATEMENT OF CASH FLOWS OF VOXELJET AG
						2013			2012
Thousands of Euros
		Cash Flow from operating activities
		Profit (loss) for the period				(2,714	)		212
		Depreciation				1,493			1,343
		Non cash sale to customer in exchange for customer loans				(1,386	)		(250	)
		Proceeds from customer loans				92			39
		Changes in deferred income taxes				358			(45	)
		Deferred income				(686	)		(274	)
		Change in working capital				1,203			(589	)
		Trade and other receivables and current assets				(1,304	)		131
		Inventories				(836	)		(851	)
		Trade payables				942			42
		Other liabilities and provisions				2,403			128
		Income tax payable				(2	)		(39	)
		Total				(1,640	)		436
		Cash Flow from investing activities
		Payments to acquire property, plant and equipment and intangible assets				(11,176	)		(702	)
		Payments to acquire financial assets				(273	)		(276	)
		Total				(11,449	)		(978	)
		Cash Flow from financing activities
		Proceeds (repayment) from bank overdrafts and lines of credit				(707	)		1,250
		Proceeds from sale and leaseback				1,900			776
		Repayment of finance lease obligations				(1,503	)		(582	)
		Repayment of long-term debt				(339	)		(1,099	)
		Reorganization (see Note 26)				50			-
		Proceeds from issuance of shares (see Note 26)				46,846			-
		Total				46,247			345
		Net increase (decrease) in cash and cash equivalents				33,158			(197	)
		Cash and cash equivalents at beginning of period				301			498
		Cash and cash equivalents at end of period				33,459			301
		Supplemental Cash Flow Information
		Interest paid net				314			320
		Income taxes paid net				129			171
		Non-cash items:
		Additions to property, plant and equipment through lease				1,900			822

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