Press Release

Materialise NV, a leading provider of additive manufacturing software and of sophisticated 3D printing services, announced today that it has filed a registration statement on Form F-1 with the Securities and Exchange Commission relating to the proposed initial public offering of its American Depository Shares (ADSs). The number of shares to be sold and the price range for the proposed offering have not yet been determined. Materialise plans to apply to list its ADSs on the NASDAQ Global Market.

Piper Jaffray and Credit Suisse will act as joint book-running managers for the proposed offering. BB&T Capital Markets, Janney Montgomery Scott, Stephens Inc. and KBC Securities will act as co-managers.

The offering will be made only by means of a prospectus. Copies of the preliminary prospectus related to the offering may be obtained, when available, from Piper Jaffray at 800 Nicollet Mall, J12S03, Minneapolis, MN 55402, Attn: Prospectus Department, or by calling 1-800-747-3924, or by emailing prospectus@pjc.com; or from Credit Suisse at One Madison Avenue, New York, NY 10010, Attn: Prospectus Department, or by calling 1-800-221-1037, or by emailing newyork.prospectus@credit-suisse.com.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time that the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Furthermore, this press release does not constitute a registration statement or prospectus relating to the securities.

No public offering will be made and no one has taken any action that would, or is intended to, permit a public offering in any country or jurisdiction, other than the United States, where any such action for such purpose is required, including in Belgium. Belgian investors, other than qualified investors within the meaning of the Belgian Act of 16 June 2006 relating to the public offers of securities and to the admission to trading of securities on regulated markets, as amended, will not be eligible to participate in the offering (whether in Belgium or elsewhere).

The transaction to which this press release relates will only be available to, and will be engaged in only with, in member states of the European Economic Area, persons falling within the meaning of Article 2(1)(e) of the Prospectus Directive 2003/71/EC as amended by Directive 2010/73/EU (the Prospectus Directive), and in the United Kingdom, investment professionals falling within article 19 (5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the Order), persons falling within article 49 (2), (a) to (d) of the Order (high net worth companies, unincorporated associations, etc) and other persons to whom it may lawfully be communicated. In accordance with the Prospectus Directive, no prospectus is required in connection with the transaction described in this press release.

This press release is not for publication or distribution, directly or indirectly, in or into any state or jurisdiction into which doing so would be unlawful. The distribution of this press release may be restricted by law in certain jurisdictions and persons into whose possession any document or other information referred to herein comes should inform themselves about and observe any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdictions. Materialise NV assumes no responsibility in the event there is a violation by any person of such restrictions. The aforementioned offering and date of the first listing may be influenced by things such as market conditions. There is no guarantee that the offering or listing will occur. This press release does not constitute a recommendation in relation to the offering or the aforementioned securities.

About Materialise

With its headquarters in Leuven, Belgium, and branches worldwide, Materialise is a provider of Additive Manufacturing (AM) software solutions and sophisticated 3D printing services in a wide variety of industries, including healthcare, automotive, aerospace, art and design and consumer products. Materialise has been playing an active role in the field of AM since 1990, through its involvement in AM for industrial and medical applications, by providing biomedical and clinical solutions such as medical image processing and surgical simulations and by developing unique solutions for its customers' prototyping, production, and medical needs.

Contacts:

Harriet Fried
Senior Vice President
LHA
+1-212-838-3777
hfried@lhai.com