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      <TD style="PADDING-BOTTOM: 1pt; BORDER-BOTTOM: #000000 2pt double" vAlign=top width="99%"><FONT face=serif size=2>Registration No.
        333-_____</FONT></TD></TR></TABLE>
  <P align=center><B><FONT face=serif size=4>UNITED STATES<BR></FONT></B><B><FONT face=serif size=4>SECURITIES AND EXCHANGE COMMISSION<BR></FONT></B><B><FONT face=serif>WASHINGTON, D.C. 20549<BR></FONT></B><B><FONT face=serif size=2>_____________________ </FONT></B></P>
  <P align=center><B><FONT face=serif size=4>FORM S-8<BR></FONT></B><B><FONT face=serif>REGISTRATION STATEMENT<BR>UNDER THE SECURITIES ACT OF 1933
  </FONT></B></P>
  <P align=center><FONT face=serif size=2>_____________________ </FONT></P>
  <P align=center><B><FONT face=serif size=5>STRATASYS, INC. <BR></FONT></B><FONT face=serif size=2>(Exact name of registrant as specified in its charter)
  <BR></FONT><FONT face=serif size=2>_____________________<BR></FONT></P>
  <DIV align=center>
  <TABLE cellSpacing=0 cellPadding=0 width="80%" border=0>
  
    <TR vAlign=bottom>
      <TD noWrap align=center width="49%"><B><FONT face=serif size=2>Delaware</FONT></B> </TD>
      <TD noWrap align=left width="50%"></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=center width="49%"><FONT face=serif size=2>(State or
        other jurisdiction of<FONT size=3> </FONT></FONT></TD>
      <TD noWrap align=center width="50%"><B><FONT face=serif size=2>36-3658792</FONT></B></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=center width="49%"><FONT face=serif size=2>incorporation
        or organization)<FONT size=3> </FONT></FONT></TD>
      <TD noWrap align=center width="50%"><FONT face=serif size=2>(I.R.S.
        Employer Identification Number)</FONT></TD></TR>
    <TR>
      <TD width="99%" colSpan=2>&nbsp; </TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=center width="49%"><FONT face=serif size=2><STRONG>7665
        Commerce Way</STRONG><FONT size=3> </FONT></FONT></TD>
      <TD noWrap align=left width="50%"></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=center width="49%"><FONT face=serif size=2><STRONG>Eden
        Prairie, Minnesota</STRONG><FONT size=3> </FONT></FONT></TD>
      <TD noWrap align=center width="50%"><B><FONT face=serif size=2>55344-2020</FONT></B></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=center width="49%"><FONT face=serif size=2>(Address of
        Principal Executive Offices)<FONT size=3> </FONT></FONT></TD>
      <TD noWrap align=center width="50%"><FONT face=serif size=2>(Zip
        Code)</FONT></TD></TR></TABLE></DIV><BR>
  <P align=center><FONT face=serif size=2>_____________________<BR><BR></FONT><B><FONT face=serif size=2>Stratasys,
  Inc. 2008 Long-Term Performance and Incentive Plan</FONT></B><FONT face=serif size=2><BR>(Full title of the plan) <BR>_____________________<BR></FONT></P>
  <P align=center><B><FONT face=serif size=2>S. SCOTT CRUMP,
  PRESIDENT<BR></FONT></B><B><FONT face=serif size=2>STRATASYS, INC.
  <BR></FONT></B><B><FONT face=serif size=2>7665 COMMERCE
  WAY<BR></FONT></B><B><FONT face=serif size=2>EDEN PRAIRIE, MINNESOTA
  55344-2020<BR></FONT></B><FONT face=serif size=2>(Name and address of agent for
  service) </FONT></P>
  <P align=center><B><FONT face=serif size=2>(952) 937-3000 <BR></FONT></B><FONT face=serif size=2>(Telephone number, including area code, of agent for service)
  </FONT></P>
  <P align=center><B><FONT face=serif size=2>Copy to:<BR>ERIC HONICK, ESQ.
  <BR></FONT></B><B><FONT face=serif size=2>SNOW BECKER KRAUSS P.C.<BR>605 THIRD
  AVENUE<BR></FONT></B><B><FONT face=serif size=2>NEW YORK, NEW YORK
  10158-0125<BR>(212) 687-3860<BR>FACSIMILE: (212) 949-7052 </FONT></B></P>
  <P align=left><FONT face=serif size=2>Indicate by check mark whether the
  registrant is a large accelerated filer, an accelerated filer, a non-accelerate
  filer, or a smaller reporting company. See the definitions of &#147;large accelerated
  filer,&#148; &#147;accelerated filer&#148; and &#147;smaller reporting company&#148; in Rule 12b-2 of the
  Exchange Act. (Check one):</FONT></P>
  <TABLE cellSpacing=0 cellPadding=0 width="100%" border=0>
  
    <TR vAlign=bottom>
      <TD noWrap align=left width="49%"><FONT face=serif size=2>Large
        accelerated filer [&nbsp;&nbsp; ]</FONT></TD>
      <TD noWrap align=left width="1%">&nbsp;</TD>
      <TD noWrap align=left width="50%"><FONT face=serif size=2>Accelerated
        filer [ X ]</FONT></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=left width="49%"><FONT face=serif size=2><FONT face=serif>Non-accelerated filer [&nbsp;&nbsp; </FONT>] </FONT>&nbsp;<FONT face=serif size=2>(Do not check if a smaller reporting company)</FONT></TD>
      <TD noWrap align=left width="1%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </TD>
      <TD noWrap align=left width="50%"><FONT face=serif size=2>Smaller
        reporting company [&nbsp; ]</FONT></TD></TR>
    <TR>
      <TD style="BORDER-BOTTOM: #000000 2pt double" noWrap align=left width="49%">&nbsp;</TD>
      <TD style="BORDER-BOTTOM: #000000 2pt double" noWrap align=left width="1%">&nbsp;</TD>
      <TD style="BORDER-BOTTOM: #000000 2pt double" noWrap align=left width="50%">&nbsp;</TD></TR></TABLE><BR>
  <P align=center><B><FONT face=serif size=2>CALCULATION OF REGISTRATION FEE
  </FONT></B></P>
  <TABLE style="MARGIN-TOP: -15pt; FONT-SIZE: 10pt; LINE-HEIGHT: 14pt; BORDER-COLLAPSE: collapse" cellSpacing=0 cellPadding=0 width="100%" border=0>
  
    <TR vAlign=bottom>
      <TD style="BORDER-RIGHT: #000000 1pt solid; BORDER-TOP: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid" vAlign=top noWrap align=center width="19%" rowSpan=2><FONT face=serif size=2>Title of securities to be</FONT><BR><FONT face=serif size=2>registered</FONT></TD>
      <TD style="BORDER-RIGHT: #000000 1pt solid; BORDER-TOP: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid" vAlign=top noWrap align=center width="20%" rowSpan=2><FONT face=serif size=2>Amount to be</FONT><BR><FONT face=serif size=2>registered</FONT></TD>
      <TD style="BORDER-RIGHT: #000000 1pt solid; BORDER-TOP: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid" vAlign=top noWrap align=center width="20%" rowSpan=2><FONT face=serif size=2>Proposed maximum</FONT><BR><FONT face=serif size=2>offering price
        per share</FONT></TD>
      <TD style="BORDER-RIGHT: #000000 1pt solid; BORDER-TOP: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid" vAlign=top noWrap align=center width="20%" rowSpan=2><FONT face=serif size=2>Proposed maximum</FONT><BR><FONT face=serif size=2>aggregate
        offering price</FONT></TD>
      <TD style="BORDER-RIGHT: #000000 1pt solid; BORDER-TOP: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid" vAlign=top noWrap align=center width="20%" rowSpan=2><FONT face=serif size=2>Amount of</FONT><BR><FONT face=serif size=2>registration
      fee</FONT></TD></TR>
    <TR vAlign=bottom>
      <TD></TD></TR>
    <TR vAlign=bottom>
      <TD style="BORDER-RIGHT: #000000 1pt solid; PADDING-RIGHT: 5pt; PADDING-LEFT: 5pt; BORDER-LEFT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid" vAlign=top noWrap align=left width="19%" rowSpan=2><FONT face=serif size=2>Common Stock, $.01 par value</FONT><BR><FONT face=serif size=2>Total</FONT></TD>
      <TD style="BORDER-RIGHT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid" vAlign=top noWrap align=center width="20%" rowSpan=2><FONT face=serif size=2>1,000,000 (1)</FONT></TD>
      <TD style="BORDER-RIGHT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid" vAlign=top noWrap align=center width="20%" rowSpan=2><FONT face=serif size=2>$ 15.79 (2)</FONT></TD>
      <TD style="BORDER-RIGHT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid" vAlign=top noWrap align=center width="20%" rowSpan=2><FONT face=serif size=2>$ 15,790,000</FONT></TD>
      <TD style="BORDER-RIGHT: #000000 1pt solid; BORDER-BOTTOM: #000000 1pt solid" vAlign=top noWrap align=center width="20%" rowSpan=2><FONT face=serif size=2>$ 881.08 </FONT><BR>&nbsp; </TD></TR>
    <TR vAlign=bottom>
      <TD></TD></TR></TABLE><BR>
  <TABLE cellSpacing=0 cellPadding=0 width="100%" border=0>
  
    <TR>
      <TD width="1%">&nbsp;&nbsp;&nbsp; </TD>
      <TD vAlign=top width="1%"><FONT face=serif size=2>(1)</FONT></TD>
      <TD vAlign=top width="1%">&nbsp;&nbsp;&nbsp; &nbsp;</TD>
      <TD vAlign=top width="97%"><FONT face=serif size=2>Pursuant to Rule 416(a)
        under the Securities Act of 1933, as amended (the &#147;Securities Act&#148;), this
        Registration Statement also covers any additional shares of common stock
        of the Registrant that may become issuable pursuant to the anti-dilution
        provisions of the plan described herein. </FONT></TD></TR>
    <TR>
      <TD width="1%"></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="97%">&nbsp;</TD></TR>
    <TR>
      <TD width="1%"></TD>
      <TD vAlign=top width="1%"><FONT face=serif size=2>(2)</FONT></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="97%"><FONT face=serif size=2>Estimated solely for
        the purpose of calculating the registration fee pursuant to Rule 457(c)
        and (h) under the Securities Act, on the basis of the average of the high
        and low sale prices for the Registrant&#146;s common stock on the Nasdaq Global
        Select Market on October 29, 2009.</FONT></TD></TR></TABLE><BR>
  <HR align=center width="100%" noShade SIZE=2>
  <PAGE>
  <P align=center><B><FONT face=serif size=2>NOTE </FONT></B></P>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>This
  Registration Statement filed by Stratasys, Inc. (the &#147;Registrant&#148;) includes a
  form of prospectus to be used by certain persons who may be deemed to be
  affiliates of the Registrant in connection with the resale of shares of common
  stock (i) issued to such persons pursuant to the exercise of options granted,
  (ii) issued to such persons as restricted stock, or (iii) otherwise issued to
  such persons as equity compensation, under one or more of the following plans:
  </FONT></P>
  <UL type=circle>
    <LI><FONT size=2>Registrant&#146;s 2008 Long-Term Performance and Incentive
    Plan;<BR>&nbsp;</FONT>
    <LI><FONT size=2>Registrant&#146;s 2002 Long-Term Performance and Incentive Plan,
    which shares are subject to Registrant&#146;s Registration Statement on Form S-8,
    filed on June 4, 2004 (File No. 333-116210);<BR>&nbsp;</FONT>
    <LI><FONT size=2>Registrant&#146;s 2000 Incentive Stock Option Plan, which shares
    are subject to Registrant&#146;s Registration Statement on Form S-8, filed on March
    17, 2000 (File No. 333-32782);<BR>&nbsp;</FONT>
    <LI><FONT size=2>Registrant&#146;s 1998 Incentive Stock Option Plan, which shares
    are subject to Registrant&#146;s Registration Statement on Form S-8, filed on March
    17, 2000 (File No. 333-32782); and<BR>&nbsp;</FONT>
    <LI><FONT size=2>Registrant&#146;s Second Amended and Restated 1994-2 Stock Option
    Plan, 500,000 of which shares are subject to the Registration Statement on
    Form S-8, filed on March 17, 2000 (File No. 333-32782) and 500,000 of which
    are subject to the Registrant&#146;s Registration Statement on Form S-8, filed on
    June 9, 1995 (File No. 33-93362).</FONT></LI></UL>
  <HR align=center width="100%" noShade SIZE=2>
  <PAGE>
  <P align=center><B><FONT face=serif size=2>PART I </FONT></B><FONT face=serif></FONT></P>
  <P align=center><B><FONT face=serif size=2>INFORMATION REQUIRED IN THE SECTION
  10(A) PROSPECTUS</FONT></B></P>
  <P align=left><B><FONT face=serif size=2>Item 1. Plan Information.**
  </FONT></B></P>
  <P align=left><FONT face=serif size=2><B>Item 2. Registrant Information and
  Employee Plan Annual Information.** </B></FONT><BR><FONT face=serif size=2>____________________</FONT></P>
  <TABLE cellSpacing=0 cellPadding=0 width="100%" border=0>
  
    <TR>
      <TD vAlign=top width="1%"><STRONG><FONT face=serif size=2>**</FONT></STRONG>&nbsp;</TD>
      <TD vAlign=top width="1%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </TD>
      <TD vAlign=top width="97%"><FONT face=serif size=2>The documents
        containing the information specified in Part I of Form S-8 will be
        delivered to various individuals who received options to purchase our
        common stock or grants of common stock under our 2008 Long-Term
        Performance and Incentive Plan in accordance with Form S-8 and Rule
        428(b)(1) under the Securities Act. Such documents are not required to be,
        and are not, filed with the SEC either as part of this Registration
        Statement or as prospectuses or prospectus supplements pursuant to Rule
        424 of the Securities Act. These documents and the documents incorporated
        by reference into this Registration Statement pursuant to Item 3 of Part
        II of this Registration Statement, taken together, constitute a prospectus
        that meets the requirements of Section 10(a) of the Securities
      Act.</FONT></TD></TR></TABLE>
  <P align=left><B><FONT face=serif size=2>&nbsp;</FONT></B><B><FONT face=serif size=2> </FONT></B>
  <HR align=center width="100%" noShade SIZE=2>
  <PAGE>
  <P align=left><B><I><FONT face=serif size=2>REOFFER PROSPECTUS
  </FONT></I></B></P>
  <P align=center><B><FONT face=serif size=2>1,968,578 Shares</FONT></B><FONT face=serif size=2> </FONT></P>
  <P align=center><B><FONT face=serif size=2>STRATASYS, INC. </FONT></B></P>
  <P align=center><B><FONT face=serif size=2>Common Stock </FONT></B></P>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>We have
  prepared this Reoffer Prospectus (the &#147;prospectus&#148;) so certain of our officers
  and directors may resell shares of our common stock. The selling stockholders
  acquired or may acquire the shares offered by this prospectus pursuant to grants
  of restricted stock, issuances of common stock in satisfaction of stock
  appreciation rights or other grants, or exercise of options granted or to be
  granted under any of the following plans (collectively, the &#147;Plans&#148;):
  </FONT></P>
  <UL type=circle>
    <LI><FONT face=serif size=2>Our 2008 Long-Term Performance and Incentive Plan
    (the &#147;2008 Plan&#148;);</FONT><BR>&nbsp;
    <LI><FONT face=serif size=2>Our 2002 Long-Term Performance and Incentive Plan
    (the &#147;2002 Plan&#148;);</FONT><BR>&nbsp;
    <LI><FONT face=serif size=2>Our 2000 Incentive Stock Option Plan (the &#147;2000
    Plan&#148;);</FONT><BR>&nbsp;
    <LI><FONT face=serif size=2>Our 1998 Incentive Stock Option Plan (the &#147;1998
    Plan&#148;); and</FONT><BR>&nbsp;
    <LI><FONT face=serif size=2>Our Second Amended and Restated 1994-2 Stock Plan
    (the &#147;1994-2 Plan&#148;)</FONT></LI></UL>
  <P></P>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>The maximum
  number of shares that may be offered or sold under this prospectus is subject to
  adjustment in the event of stock splits or dividends, recapitalizations and
  other similar changes affecting the common stock. Our common stock is quoted on
  the Nasdaq Global Select Market under the symbol SSYS. We anticipate that the
  selling stockholders will offer shares of common stock for resale at prevailing
  prices on the Nasdaq Global Select Market or such other market upon which our
  common stock may then trade on the date of sale. We will receive none of the
  proceeds from the sale of the common stock offered by this prospectus, but we
  will receive the exercise price upon exercise of the options. </FONT></P>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>The shares
  of Common Stock are &#147;control securities&#148; under the Securities Act, before their
  sale under this prospectus. This prospectus has been prepared for the purpose of
  registering the shares under the Securities Act to allow for future sales by the
  selling stockholders to the public. Each stockholder that sells shares of our
  Common Stock pursuant to this prospectus may be deemed to be an &#147;underwriter&#148;
  within the meaning of the Securities Act. Any commissions received by a broker
  or dealer in connection with resales of shares may be deemed to be underwriting
  commissions or discounts under the Securities Act. You should read this
  prospectus and any accompanying prospectus supplement carefully before you make
  your investment decision.</FONT></P>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>AN
  INVESTMENT IN OUR SECURITIES INVOLVES A DEGREE OF RISK. YOU SHOULD PURCHASE OUR
  SECURITIES ONLY IF YOU CAN AFFORD A LOSS OF YOUR INVESTMENT. </FONT><B><I><FONT face=serif size=2>SEE &#147;RISK FACTORS&#148; BEGINNING ON PAGE 3. </FONT></I></B></P>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>NEITHER THE
  SECURITIES AND EXCHANGE COMMISSION NOR ANY STATE SECURITIES COMMISSION HAS
  APPROVED OR DISAPPROVED OF THESE SECURITIES OR DETERMINED IF THIS PROSPECTUS IS
  TRUTHFUL OR COMPLETE. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.
  </FONT></P>
  <P align=center><FONT face=serif size=2>The date of this prospectus is October
  30, 2009. </FONT></P>
  <HR align=center width="100%" noShade SIZE=2>
  <PAGE>
  <P align=center><FONT face=serif size=2>TABLE OF CONTENTS </FONT></P>
  <TABLE style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt; BORDER-COLLAPSE: collapse" cellSpacing=0 cellPadding=0 width="100%" border=0>
  
    <TR vAlign=bottom>
      <TD noWrap align=left width="97%" bgColor=#c0c0c0><FONT face=serif size=2>Available Information</FONT></TD>
      <TD noWrap align=left width="1%" bgColor=#c0c0c0>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </TD>
      <TD noWrap align=left width="1%" bgColor=#c0c0c0><FONT face=serif size=2>1</FONT></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=left width="97%"><FONT face=serif size=2>Documents
        Incorporated By Reference</FONT></TD>
      <TD noWrap align=left width="1%"></TD>
      <TD noWrap align=left width="1%"><FONT face=serif size=2>1</FONT></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=left width="97%" bgColor=#c0c0c0><FONT face=serif size=2>Forward-Looking Statements</FONT></TD>
      <TD noWrap align=left width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=left width="1%" bgColor=#c0c0c0><FONT face=serif size=2>2</FONT></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=left width="97%"><FONT face=serif size=2>The
        Company</FONT></TD>
      <TD noWrap align=left width="1%"></TD>
      <TD noWrap align=left width="1%"><FONT face=serif size=2>2</FONT></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=left width="97%" bgColor=#c0c0c0><FONT face=serif size=2>Risk Factors</FONT></TD>
      <TD noWrap align=left width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=left width="1%" bgColor=#c0c0c0><FONT face=serif size=2>3</FONT></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=left width="97%"><FONT face=serif size=2>Use of
        Proceeds</FONT></TD>
      <TD noWrap align=left width="1%"></TD>
      <TD noWrap align=left width="1%"><FONT face=serif size=2>3</FONT></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=left width="97%" bgColor=#c0c0c0><FONT face=serif size=2>Selling Stockholders</FONT></TD>
      <TD noWrap align=left width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=left width="1%" bgColor=#c0c0c0><FONT face=serif size=2>4</FONT></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=left width="97%"><FONT face=serif size=2>Plan of
        Distribution</FONT></TD>
      <TD noWrap align=left width="1%">&nbsp;</TD>
      <TD noWrap align=left width="1%"><FONT face=serif size=2>5</FONT></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=left width="97%" bgColor=#c0c0c0><FONT face=serif size=2>Legal Matters</FONT></TD>
      <TD noWrap align=left width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=left width="1%" bgColor=#c0c0c0><FONT face=serif size=2>6</FONT></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=left width="97%"><FONT face=serif size=2>Experts</FONT></TD>
      <TD noWrap align=left width="1%"></TD>
      <TD noWrap align=left width="1%"><FONT face=serif size=2>6</FONT></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=left width="97%" bgColor=#c0c0c0><FONT face=serif size=2>SEC position on Indemnification for Securities Act
        Liabilities</FONT></TD>
      <TD noWrap align=left width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=left width="1%" bgColor=#c0c0c0><FONT face=serif size=2>6</FONT></TD></TR></TABLE><BR>
  <HR align=center width="100%" noShade SIZE=2>
  <PAGE>
  <P align=center><B><FONT face=serif size=2>AVAILABLE INFORMATION </FONT></B></P>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>We file
  annual, quarterly and current reports, proxy statements and other information
  with the Securities and Exchange Commission (the &#147;SEC&#148;). You may read and copy
  any reports, statements or other information that we file with the SEC at the
  SEC&#146;s Public Reference Room located at 100 F Street, N.E., Washington, D.C.
  20549. Please call the SEC at l-800-SEC-0330 for further information about the
  operation of the Public Reference Room. Our public filings are also available
  from commercial document retrieval services and at the Internet web site
  maintained by the SEC at http://www.sec.gov. We distribute to our stockholders
  annual reports containing audited financial statements. </FONT></P>
  <P align=center><B><FONT face=serif size=2>DOCUMENTS INCORPORATED BY REFERENCE
  </FONT></B></P>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>The SEC
  allows us to &#147;incorporate by reference&#148; information into this prospectus, which
  means that we can disclose important information to investors by referring them
  to another document filed separately with the SEC. The information incorporated
  by reference is deemed to be part of this prospectus, except for any information
  superseded by information contained directly in this document. This prospectus
  incorporates by reference the documents set forth below that we have previously
  filed with the SEC. These documents contain important information about us and
  our financial condition. </FONT></P>
  <P align=left><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>We incorporate by reference the
  documents listed below: </FONT></P>
  <TABLE cellSpacing=0 cellPadding=0 border=0>
  
    <TR>
      <TD vAlign=top noWrap>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
      <TD vAlign=top noWrap><FONT face=serif size=2>(a)</FONT></TD>
      <TD vAlign=top noWrap>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
      <TD vAlign=top width="100%"><FONT face=serif size=2>Our Annual Report on
        Form 10-K for the fiscal year ended December 31, 2008.</FONT> </TD></TR>
    <TR>
      <TD noWrap></TD>
      <TD vAlign=top width="100%" colSpan=3>&nbsp; </TD></TR>
    <TR>
      <TD vAlign=top noWrap></TD>
      <TD vAlign=top noWrap><FONT face=serif size=2>(b)</FONT></TD>
      <TD vAlign=top noWrap></TD>
      <TD vAlign=top width="100%"><FONT face=serif size=2>Our Quarterly Report
        on Form 10-Q for the quarter ended March 31, 2009.</FONT> </TD></TR>
    <TR>
      <TD noWrap></TD>
      <TD vAlign=top width="100%" colSpan=3>&nbsp; </TD></TR>
    <TR>
      <TD vAlign=top noWrap></TD>
      <TD vAlign=top noWrap><FONT face=serif size=2>(c)</FONT></TD>
      <TD vAlign=top noWrap></TD>
      <TD vAlign=top width="100%"><FONT face=serif size=2>Our Quarterly Report
        on Form 10-Q for the quarter ended June 30, 2009.</FONT> </TD></TR>
    <TR>
      <TD noWrap></TD>
      <TD vAlign=top width="100%" colSpan=3>&nbsp; </TD></TR>
    <TR>
      <TD vAlign=top noWrap></TD>
      <TD vAlign=top noWrap><FONT face=serif size=2>(d)</FONT></TD>
      <TD vAlign=top noWrap></TD>
      <TD vAlign=top width="100%"><FONT face=serif size=2>Our Current Report on
        Form 8-K dated March 24, 2009, filed March 24, 2009.</FONT> </TD></TR>
    <TR>
      <TD noWrap></TD>
      <TD vAlign=top width="100%" colSpan=3>&nbsp; </TD></TR>
    <TR>
      <TD vAlign=top noWrap></TD>
      <TD vAlign=top noWrap><FONT face=serif size=2>(e)</FONT></TD>
      <TD vAlign=top noWrap></TD>
      <TD vAlign=top width="100%"><FONT face=serif size=2>Our Current Report on
        Form 8-K dated April 29, 2009, filed April 30, 2009.</FONT> </TD></TR>
    <TR>
      <TD noWrap></TD>
      <TD vAlign=top width="100%" colSpan=3>&nbsp; </TD></TR>
    <TR>
      <TD vAlign=top noWrap></TD>
      <TD vAlign=top noWrap><FONT face=serif size=2>(f)</FONT></TD>
      <TD vAlign=top noWrap></TD>
      <TD vAlign=top width="100%"><FONT face=serif size=2>Our Current Report on
        Form 8-K dated July 29, 2009, filed July 29, 2009.</FONT> </TD></TR>
    <TR>
      <TD noWrap></TD>
      <TD vAlign=top width="100%" colSpan=3>&nbsp; </TD></TR>
    <TR>
      <TD vAlign=top noWrap ></TD>
      <TD vAlign=top noWrap ><FONT size=2>(g)</FONT></TD>
      <TD vAlign=top noWrap ></TD>
      <TD vAlign=top width="100%" ><FONT size=2>Our Current Report
        on Form 8-K dated October 29, 2009, filed November 3, 2009.</FONT> </TD></TR>
    <TR>
      <TD vAlign=top noWrap ></TD>
      <TD vAlign=top width="100%"  colSpan=3>&nbsp;</TD></TR>
    <TR>
      <TD vAlign=top noWrap></TD>
      <TD vAlign=top noWrap><FONT face=serif size=2>(h)</FONT></TD>
      <TD vAlign=top noWrap></TD>
      <TD vAlign=top width="100%"><FONT face=serif size=2>Our definitive Proxy
        Statement on Schedule 14A, filed April 1, 2009.</FONT> </TD></TR>
    <TR>
      <TD noWrap></TD>
      <TD vAlign=top width="100%" colSpan=3>&nbsp; </TD></TR>
    <TR>
      <TD vAlign=top noWrap></TD>
      <TD vAlign=top noWrap><FONT face=serif size=2>(i)</FONT></TD>
      <TD vAlign=top noWrap></TD>
      <TD vAlign=top width="100%"><FONT face=serif size=2>The description of the
        common stock contained in our Registration Statement on Form 8-A filed
        pursuant to Section 12(g) of the Exchange Act, including any amendment or
        report filed for the purpose of updating such information.</FONT>
    </TD></TR></TABLE>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>All
  documents we file after the date of this prospectus pursuant to Sections 13(a),
  13(c), 14, and 15(d) of the Exchange Act shall be deemed to be incorporated by
  reference in this prospectus and to be a part of this prospectus from the date
  of filing of such documents. Any statement contained in a previously filed
  document incorporated by reference in this prospectus shall be deemed to be
  modified or superseded for purposes of this prospectus to the extent that a
  statement in this prospectus modifies or supersedes such previous statement and
  any statement contained in this prospectus shall be deemed to be modified or
  superseded to the extent that a statement in any document subsequently filed,
  which is incorporated by reference in this prospectus, modifies or supersedes
  such statement. Any statement so modified or superseded shall not be deemed,
  except as so modified or superseded, to constitute a part of this prospectus.
  </FONT></P>
  <P align=left><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>We will provide without charge to
  each person to whom a copy of this prospectus is delivered, upon written or oral
  request of such person, a copy of any or all of the information that has been
  incorporated by reference in this prospectus (excluding exhibits, unless such
  exhibits are specifically incorporated by reference into the information which
  this prospectus incorporates). Written requests for copies of such information
  should be directed to Stratasys, Inc., 7665 Commerce Way, Eden Prairie,
  Minnesota 55344-2080, Attention: Chief Financial Officer. Telephone requests may
  be directed to the Chief Financial Officer at (952) 937-3000. </FONT></P>
  <P align=center><FONT face=serif size=2>1</FONT></P>
  <HR align=center width="100%" noShade SIZE=2>
  <PAGE>
  <P align=center><B><FONT face=serif size=2>FORWARD-LOOKING STATEMENTS
  </FONT></B></P>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>This
  prospectus and the documents that are incorporated by reference contain
  forward-looking statements within the meaning of the safe harbor provisions of
  Section 27A of the Securities Act and Section 21E of the Securities Exchange Act
  of 1934, and are subject to various risks, uncertainties and assumptions. In
  some cases, you can identify forward-looking statements by terminology such as
  &#147;may,&#148; &#147;should,&#148; &#147;could,&#148; &#147;predict,&#148; &#147;potential,&#148; &#147;continue,&#148; &#147;expect,&#148;
  &#147;anticipate,&#148; &#147;future,&#148; &#147;intend,&#148; &#147;plan, &#147;believe,&#148; &#147;project,&#148; &#147;estimate&#148; and
  similar expressions (or the negative of such expressions), but their absence
  does not mean that a statement is not forward-looking. Should one or more of
  these risks or uncertainties materialize, or should our underlying assumptions
  prove incorrect, actual results may differ materially from those anticipated,
  estimated or expected. Investors and prospective investors in our Company should
  understand that several factors govern whether any forward-looking statement
  herein will be or can be achieved. Any one of these factors could cause actual
  results to differ materially from those projected herein. </FONT></P>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>Forward-looking statements are made based on management&#146;s current
  expectations and beliefs concerning future events and, therefore, involve a
  number of assumptions, risks and uncertainties, including the risk factors
  described in Item 1A &#147;Risk Factors&#148; of our Annual Report on Form 10-K for the
  fiscal year ended December 31, 2008. There are a number of risk factors
  associated with the conduct of our business, and the risks factors described in
  Item 1A &#147;Risk Factors&#148; of our Annual Report on Form 10-K for the fiscal year
  ended December 31, 2008 may not be exhaustive. New risks and uncertainties arise
  from time to time, and we cannot predict these events or how they may affect us.
  All forward-looking statements should be read with caution.</FONT></P>
  <P align=center><B><FONT face=serif size=2>THE COMPANY </FONT></B></P>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>We are a
  worldwide leading manufacturer of three-dimensional (&#147;3D&#148;) printers and
  high-performance rapid prototyping (&#147;RP&#148;) systems for the office-based RP and
  direct digital manufacturing (&#147;DDM&#148;) markets. Our 3D printers and
  high-performance RP systems provide 3D computer-aided design (&#147;CAD&#148;) users a
  fast, office-friendly, and low-cost alternative for building functional 3D
  parts. We develop, manufacture and sell a broad product line of 3D printers and
  DDM systems (and related proprietary consumable materials) that create physical
  models from CAD designs. We also offer rapid prototyping and production part
  manufacturing services through our centers located in North America, Europe and
  Australia.</FONT></P>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>We were
  incorporated in Delaware in 1989 and our executive offices are located in Eden
  Prairie, </FONT><FONT face=serif size=2>Minnesota. Our systems are based on our
  core patented fused deposition modeling (&#147;FDM<SUP>&#174;</SUP></FONT><FONT face=serif size=2>&#148;) technology and on our patented Genisys<SUP>&#174;</SUP></FONT><FONT face=serif size=2> technology, which we purchased from IBM in 1994. We sold our
  first product, the 3D Modeler<SUP>&#174;</SUP></FONT><FONT face=serif size=2>,
  commercially in April 1992 and introduced our second product, the Benchtop, in
  June 1993. In February 2002, we introduced the Dimension<SUP>&#174;</SUP></FONT><FONT face=serif size=2> system, our first 3D printer. Dimension offers modeling
  capabilities in durable ABS plastic using a desktop 3D printer platform. In May
  2007, we introduced the Fortus 200mc, which was the first of several systems
  specifically designed for DDM, which is the production of end use parts and
  assembly tools rather than prototypes. In January 2009, we introduced the uPrint
  Personal 3D Printer, which is designed for desktop use and priced at
  $14,900.</FONT></P>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>Our
  high-performance systems are used both to create prototype models as well as to
  produce parts for end-user, or DDM, applications. Our 3D printers and
  high-performance systems can be used in office environments without expensive
  facility modification. In many industries, the models and prototypes required in
  product development are produced laboriously by hand-sculpting or machining, a
  traditional process that can take days or weeks. Our computerized modeling
  systems use our proprietary technology to make models and prototypes as well as
  end-use parts directly from a designer&#146;s 3D CAD in a matter of hours. In
  addition to selling RP systems and 3D printers, our Paid Parts service makes and
  sells physical models, tooling and prototypes for RP and DDM applications based
  on our customers&#146; CAD files. We estimate that approximately 35% of our
  high-performance RP system sales are used for DDM applications. </FONT></P>
  <P align=center><FONT face=serif size=2>2</FONT></P>
  <HR align=center width="100%" noShade SIZE=2>
  <PAGE>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>We believe
  that the 3D printers and Fortus 3D Production Systems using our FDM technology
  are the only systems commercially available that can produce prototypes and
  parts from industry product-grade plastic without relying on lasers. This
  affords our products a number of significant advantages over other commercially
  available 3D rapid prototyping technologies that rely primarily on lasers to
  create models. Such benefits include: </FONT></P>
  <UL>
    <LI><FONT face=serif size=2>the ability to use the device in an office
    environment due to the absence of hazardous emissions</FONT><BR>&nbsp;
    <LI><FONT face=serif size=2>little or no post-processing</FONT><BR>&nbsp;
    <LI><FONT face=serif size=2>ease of use</FONT><BR>&nbsp;
    <LI><FONT face=serif size=2>the need for relatively little system set
    up</FONT><BR>&nbsp;
    <LI><FONT face=serif size=2>the availability of a variety of plastic
    materials</FONT><BR>&nbsp;
    <LI><FONT face=serif size=2>modeling in product-grade plastics for functional
    testing</FONT><BR>&nbsp;
    <LI><FONT face=serif size=2>no need for costly replacement lasers and laser
    parts</FONT></LI></UL>
  <P><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>Our
  systems can also run virtually unattended, producing models while designers
  perform other tasks.</FONT></P>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>The process
  involved in the development of a 3D model using our Fortus 3D Production Systems
  begins with the creation of a 3D geometric design on a CAD workstation. The
  design is then imported into our proprietary software program, which
  mathematically slices the CAD design into horizontal layers that are
  automatically downloaded into the system. A spool of thin thermoplastic modeling
  material feeds into a moving FDM extrusion head, which heats the material to a
  semi-liquid state. This semi-liquid material is extruded and deposited, one
  ultra-thin layer at a time, on a base (the &#147;X-Y Stage&#148;) in a
  thermally-controlled modeling chamber. As the material is directed into place by
  the computer-controlled head, layer upon layer, the material solidifies,
  creating a precise and strong model. </FONT></P>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>Based upon
  data and estimates furnished in the 2009 Wohlers Report, through 2008 we shipped
  approximately 35% of all RP systems since the industry&#146;s inception in 1987, an
  improvement over the 24% we realized through 2002. The 2009 Wohlers Report also
  states that we shipped 43% of all RP systems globally in 2008 and 50% of all 3D
  printers shipped globally in 2008. </FONT></P>
  <P align=left><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>We were incorporated in Delaware on
  August 8, 1989. Our executive offices are located at 7665 </FONT><FONT face=serif size=2>Commerce Way, Eden Prairie, Minnesota 55344-2080, and our
  telephone number is (952) 937-3000. Our website is www.stratasys.com. The
  information on our website does not constitute part of this prospectus.
  </FONT></P>
  <P align=center><B><FONT face=serif size=2>RISK FACTORS </FONT></B></P>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>The Risk
  Factors set forth in our Annual Report on Form 10-K for the year ended December
  31, 2008 are hereby incorporated into this prospectus.</FONT></P>
  <P align=center><B><FONT face=serif size=2>USE OF PROCEEDS </FONT></B></P>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>We will not
  receive any of the proceeds from the sale of the shares offered by this
  prospectus. However, we expect to use the proceeds from the exercise of options
  for working capital and other general corporate purposes. </FONT></P>
  <P align=center><FONT face=serif size=2>3</FONT></P>
  <HR align=center width="100%" noShade SIZE=2>
  <PAGE>
  <P align=center><B><FONT face=serif size=2>SELLING STOCKHOLDERS </FONT></B></P>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>The shares
  offered by this prospectus are being registered for reoffers and resales by the
  selling stockholders, who have acquired or may acquire such shares pursuant to
  grants of restricted stock, issuances of common stock in satisfaction of stock
  appreciation rights or other grants or the exercise of options. The selling
  stockholders named below, together with other persons who may become control
  persons by becoming directors or executive officers, may resell all, a portion
  or none of such shares from time to time.</FONT></P>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>The table
  below sets forth, with respect to each selling stockholder, based upon
  information available to us as of October 15, 2009, the number of shares of
  common stock beneficially owned before and after the sale of the shares offered
  by this prospectus; the number of shares to be sold; and the percent of the
  outstanding shares of common stock owned before and after the sale of the common
  stock offered by this prospectus. </FONT></P>
  <TABLE style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt; BORDER-COLLAPSE: collapse" cellSpacing=0 cellPadding=0 width="100%" border=0>
  
    <TR vAlign=bottom>
      <TD noWrap align=left width="79%"></TD>
      <TD noWrap align=left width="1%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </TD>
      <TD noWrap align=center width="3%"></TD>
      <TD noWrap align=center width="1%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </TD>
      <TD noWrap align=center width="3%"><B><FONT face=serif size=2>Percentage
        of</FONT></B></TD>
      <TD noWrap align=center width="1%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </TD>
      <TD noWrap align=center width="3%"></TD>
      <TD noWrap align=center width="1%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </TD>
      <TD noWrap align=center width="3%"><B><FONT face=serif size=2>Number
        of</FONT></B></TD>
      <TD noWrap align=center width="1%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </TD>
      <TD noWrap align=center width="3%"><B><FONT face=serif size=2>Percentage
        of</FONT></B></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=left width="79%"></TD>
      <TD noWrap align=center width="1%"></TD>
      <TD noWrap align=center width="3%"><B><FONT face=serif size=2>Number of
        Shares</FONT></B></TD>
      <TD noWrap align=center width="1%"></TD>
      <TD noWrap align=center width="3%"><B><FONT face=serif size=2>Shares
        Owned</FONT></B></TD>
      <TD noWrap align=center width="1%"></TD>
      <TD noWrap align=center width="3%"><B><FONT face=serif size=2>Number of
        Shares</FONT></B></TD>
      <TD noWrap align=center width="1%"></TD>
      <TD noWrap align=center width="3%"><B><FONT face=serif size=2>Shares
        Owned</FONT></B></TD>
      <TD noWrap align=center width="1%"></TD>
      <TD noWrap align=center width="3%"><B><FONT face=serif size=2>Shares
        Owned</FONT></B></TD></TR>
    <TR vAlign=bottom>
      <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="79%"><B><FONT face=serif size=2>Selling Stockholders</FONT></B></TD>
      <TD noWrap align=center width="1%"></TD>
      <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="3%"><B><FONT face=serif size=2>Owned Before
        Sale</FONT></B><B><SUP><FONT face=serif size=2>(1)</FONT></SUP></B></TD>
      <TD noWrap align=center width="1%"></TD>
      <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="3%"><B><FONT face=serif size=2>Before Sale</FONT></B><B><SUP><FONT face=serif size=2>(2)</FONT></SUP></B></TD>
      <TD noWrap align=center width="1%"></TD>
      <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="3%"><B><FONT face=serif size=2>to be Sold</FONT></B><B><SUP><FONT face=serif size=2>(3)</FONT></SUP></B></TD>
      <TD noWrap align=center width="1%"></TD>
      <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="3%"><B><FONT face=serif size=2>After Sale</FONT></B></TD>
      <TD noWrap align=center width="1%"></TD>
      <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="3%"><B><FONT face=serif size=2>After Sale</FONT></B></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=left width="79%" bgColor=#c0c0c0><FONT face=serif size=2>S. Scott Crump</FONT></TD>
      <TD noWrap align=left width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=left width="3%" bgColor=#c0c0c0></TD>
      <TD noWrap align=left width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=left width="3%" bgColor=#c0c0c0></TD>
      <TD noWrap align=left width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=left width="3%" bgColor=#c0c0c0></TD>
      <TD noWrap align=left width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=left width="3%" bgColor=#c0c0c0></TD>
      <TD noWrap align=left width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=left width="3%" bgColor=#c0c0c0></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=left width="79%" bgColor=#c0c0c0><FONT face=serif size=2>(Chairman, Chief Executive</FONT></TD>
      <TD noWrap align=left width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=left width="3%" bgColor=#c0c0c0></TD>
      <TD noWrap align=left width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=left width="3%" bgColor=#c0c0c0></TD>
      <TD noWrap align=left width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=left width="3%" bgColor=#c0c0c0></TD>
      <TD noWrap align=left width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=left width="3%" bgColor=#c0c0c0></TD>
      <TD noWrap align=left width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=left width="3%" bgColor=#c0c0c0></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=left width="79%" bgColor=#c0c0c0><FONT face=serif size=2>Officer, President and</FONT></TD>
      <TD noWrap align=left width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=left width="3%" bgColor=#c0c0c0></TD>
      <TD noWrap align=left width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=left width="3%" bgColor=#c0c0c0></TD>
      <TD noWrap align=left width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=left width="3%" bgColor=#c0c0c0></TD>
      <TD noWrap align=left width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=left width="3%" bgColor=#c0c0c0></TD>
      <TD noWrap align=left width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=left width="3%" bgColor=#c0c0c0></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=left width="79%" bgColor=#c0c0c0>Treasurer)</TD>
      <TD noWrap align=center width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=center width="3%" bgColor=#c0c0c0><FONT face=serif size=2>772,580</FONT><SUP><FONT face=serif size=2>(4)</FONT></SUP></TD>
      <TD noWrap align=center width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=center width="3%" bgColor=#c0c0c0><FONT face=serif size=2>3.78%</FONT></TD>
      <TD noWrap align=center width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=center width="3%" bgColor=#c0c0c0><FONT face=serif size=2>222,000</FONT></TD>
      <TD noWrap align=center width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=center width="3%" bgColor=#c0c0c0><FONT face=serif size=2>550,580</FONT></TD>
      <TD noWrap align=center width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=center width="3%" bgColor=#c0c0c0><FONT face=serif size=2>2.69%</FONT></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=left width="79%"><FONT face=serif size=2>Thomas W.
        Stenoien</FONT></TD>
      <TD noWrap align=left width="1%"></TD>
      <TD noWrap align=center width="3%"></TD>
      <TD noWrap align=center width="1%"></TD>
      <TD noWrap align=center width="3%">&nbsp;</TD>
      <TD noWrap align=center width="1%"></TD>
      <TD noWrap align=center width="3%"></TD>
      <TD noWrap align=center width="1%"></TD>
      <TD noWrap align=center width="3%"></TD>
      <TD noWrap align=center width="1%"></TD>
      <TD noWrap align=center width="3%"></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=left width="79%"><FONT face=serif size=2>(Chief Operating
        Officer)</FONT></TD>
      <TD noWrap align=center width="1%"></TD>
      <TD noWrap align=center width="3%"><FONT face=serif size=2>156,040</FONT><SUP><FONT face=serif size=2>(5)</FONT></SUP></TD>
      <TD noWrap align=center width="1%"></TD>
      <TD noWrap align=center width="3%"><FONT face=serif size=2>*</FONT></TD>
      <TD noWrap align=center width="1%"></TD>
      <TD noWrap align=center width="3%"><FONT face=serif size=2>142,000</FONT></TD>
      <TD noWrap align=center width="1%"></TD>
      <TD noWrap align=center width="3%"><FONT face=serif size=2>14,040</FONT></TD>
      <TD noWrap align=center width="1%"></TD>
      <TD noWrap align=center width="3%"><FONT face=serif size=2>*</FONT></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=left width="79%" bgColor=#c0c0c0><FONT face=serif size=2>Robert F. Gallagher</FONT></TD>
      <TD noWrap align=left width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=center width="3%" bgColor=#c0c0c0></TD>
      <TD noWrap align=center width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=center width="3%" bgColor=#c0c0c0></TD>
      <TD noWrap align=center width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=center width="3%" bgColor=#c0c0c0></TD>
      <TD noWrap align=center width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=center width="3%" bgColor=#c0c0c0>&nbsp;</TD>
      <TD noWrap align=center width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=center width="3%" bgColor=#c0c0c0></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=left width="79%" bgColor=#c0c0c0><FONT face=serif size=2>(Chief Financial Officer)</FONT></TD>
      <TD noWrap align=center width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=center width="3%" bgColor=#c0c0c0><FONT face=serif size=2>132,000</FONT><SUP><FONT face=serif size=2>(6)</FONT></SUP></TD>
      <TD noWrap align=center width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=center width="3%" bgColor=#c0c0c0><FONT face=serif size=2>*</FONT></TD>
      <TD noWrap align=center width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=center width="3%" bgColor=#c0c0c0><FONT face=serif size=2>122,000</FONT></TD>
      <TD noWrap align=center width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=center width="3%" bgColor=#c0c0c0><FONT face=serif size=2>10,000</FONT></TD>
      <TD noWrap align=center width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=center width="3%" bgColor=#c0c0c0><FONT face=serif size=2>*</FONT></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=left width="79%"><FONT face=serif size=2>Ralph E.
        Crump</FONT></TD>
      <TD noWrap align=left width="1%"></TD>
      <TD noWrap align=center width="3%"></TD>
      <TD noWrap align=center width="1%"></TD>
      <TD noWrap align=center width="3%"></TD>
      <TD noWrap align=center width="1%">&nbsp;</TD>
      <TD noWrap align=center width="3%">&nbsp;</TD>
      <TD noWrap align=center width="1%"></TD>
      <TD noWrap align=center width="3%"></TD>
      <TD noWrap align=center width="1%">&nbsp;</TD>
      <TD noWrap align=center width="3%"></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=left width="79%"><FONT face=serif size=2>(Director)</FONT>&nbsp; </TD>
      <TD noWrap align=center width="1%"></TD>
      <TD noWrap align=center width="3%"><FONT face=serif size=2>711,960</FONT><SUP><FONT face=serif size=2>(7)</FONT></SUP></TD>
      <TD noWrap align=center width="1%"></TD>
      <TD noWrap align=center width="3%"><FONT face=serif size=2>3.50%</FONT></TD>
      <TD noWrap align=center width="1%"></TD>
      <TD noWrap align=center width="3%"><FONT face=serif size=2>122,000</FONT></TD>
      <TD noWrap align=center width="1%"></TD>
      <TD noWrap align=center width="3%"><FONT face=serif size=2>589,960</FONT></TD>
      <TD noWrap align=center width="1%"></TD>
      <TD noWrap align=center width="3%"><FONT face=serif size=2>2.90%</FONT></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=left width="79%" bgColor=#c0c0c0><FONT face=serif size=2>Edward J. Fierko</FONT></TD>
      <TD noWrap align=left width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=center width="3%" bgColor=#c0c0c0></TD>
      <TD noWrap align=center width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=center width="3%" bgColor=#c0c0c0></TD>
      <TD noWrap align=center width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=center width="3%" bgColor=#c0c0c0></TD>
      <TD noWrap align=center width="1%" bgColor=#c0c0c0>&nbsp;</TD>
      <TD noWrap align=center width="3%" bgColor=#c0c0c0></TD>
      <TD noWrap align=center width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=center width="3%" bgColor=#c0c0c0></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=left width="79%" bgColor=#c0c0c0><FONT face=serif size=2>(Director)</FONT>&nbsp; </TD>
      <TD noWrap align=center width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=center width="3%" bgColor=#c0c0c0><FONT face=serif size=2>222,400</FONT><SUP><FONT face=serif size=2>(8)</FONT></SUP></TD>
      <TD noWrap align=center width="1%" bgColor=#c0c0c0>&nbsp;</TD>
      <TD noWrap align=center width="3%" bgColor=#c0c0c0><FONT face=serif size=2>1.09%</FONT></TD>
      <TD noWrap align=center width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=center width="3%" bgColor=#c0c0c0><FONT face=serif size=2>122,000</FONT></TD>
      <TD noWrap align=center width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=center width="3%" bgColor=#c0c0c0><FONT face=serif size=2>100,400</FONT></TD>
      <TD noWrap align=center width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=center width="3%" bgColor=#c0c0c0><FONT face=serif size=2>*</FONT></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=left width="79%"><FONT face=serif size=2>John J.
        McEleney</FONT></TD>
      <TD noWrap align=left width="1%"></TD>
      <TD noWrap align=center width="3%"></TD>
      <TD noWrap align=center width="1%"></TD>
      <TD noWrap align=center width="3%"></TD>
      <TD noWrap align=center width="1%"></TD>
      <TD noWrap align=center width="3%"></TD>
      <TD noWrap align=center width="1%"></TD>
      <TD noWrap align=center width="3%"></TD>
      <TD noWrap align=center width="1%"></TD>
      <TD noWrap align=center width="3%"></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=left width="79%"><FONT face=serif size=2>(Director)</FONT>&nbsp; </TD>
      <TD noWrap align=center width="1%"></TD>
      <TD noWrap align=center width="3%"><FONT face=serif size=2>42,000</FONT><SUP><FONT face=serif size=2>(9)</FONT></SUP></TD>
      <TD noWrap align=center width="1%"></TD>
      <TD noWrap align=center width="3%"><FONT face=serif size=2>*</FONT></TD>
      <TD noWrap align=center width="1%"></TD>
      <TD noWrap align=center width="3%"><FONT face=serif size=2>42,000</FONT></TD>
      <TD noWrap align=center width="1%"></TD>
      <TD noWrap align=center width="3%"><FONT face=serif size=2>0</FONT></TD>
      <TD noWrap align=center width="1%"></TD>
      <TD noWrap align=center width="3%"><FONT face=serif size=2>*</FONT></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=left width="79%" bgColor=#c0c0c0><FONT face=serif size=2>Clifford H. Schwieter</FONT></TD>
      <TD noWrap align=left width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=center width="3%" bgColor=#c0c0c0></TD>
      <TD noWrap align=center width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=center width="3%" bgColor=#c0c0c0></TD>
      <TD noWrap align=center width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=center width="3%" bgColor=#c0c0c0></TD>
      <TD noWrap align=center width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=center width="3%" bgColor=#c0c0c0></TD>
      <TD noWrap align=center width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=center width="3%" bgColor=#c0c0c0></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=left width="79%" bgColor=#c0c0c0><FONT face=serif size=2>(Director)</FONT>&nbsp; </TD>
      <TD noWrap align=center width="1%" bgColor=#c0c0c0>&nbsp;</TD>
      <TD noWrap align=center width="3%" bgColor=#c0c0c0><FONT face=serif size=2>75,440</FONT><SUP><FONT face=serif size=2>(10)</FONT></SUP></TD>
      <TD noWrap align=center width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=center width="3%" bgColor=#c0c0c0><FONT face=serif size=2>*</FONT></TD>
      <TD noWrap align=center width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=center width="3%" bgColor=#c0c0c0><FONT face=serif size=2>74,578</FONT></TD>
      <TD noWrap align=center width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=center width="3%" bgColor=#c0c0c0><FONT face=serif size=2>862</FONT></TD>
      <TD noWrap align=center width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=center width="3%" bgColor=#c0c0c0><FONT face=serif size=2>*</FONT></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=left width="79%"><FONT face=serif size=2>Gregory L.
        Wilson</FONT></TD>
      <TD noWrap align=left width="1%"></TD>
      <TD noWrap align=center width="3%"></TD>
      <TD noWrap align=center width="1%"></TD>
      <TD noWrap align=center width="3%"></TD>
      <TD noWrap align=center width="1%"></TD>
      <TD noWrap align=center width="3%"></TD>
      <TD noWrap align=center width="1%"></TD>
      <TD noWrap align=center width="3%"></TD>
      <TD noWrap align=center width="1%"></TD>
      <TD noWrap align=center width="3%"></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=left width="79%"><FONT face=serif size=2>(Director)</FONT>&nbsp; </TD>
      <TD noWrap align=center width="1%"></TD>
      <TD noWrap align=center width="3%"><FONT face=serif size=2>222,000</FONT><SUP><FONT face=serif size=2>(11)</FONT></SUP></TD>
      <TD noWrap align=center width="1%"></TD>
      <TD noWrap align=center width="3%"><FONT face=serif size=2>1.09%</FONT></TD>
      <TD noWrap align=center width="1%"></TD>
      <TD noWrap align=center width="3%"><FONT face=serif size=2>122,000</FONT></TD>
      <TD noWrap align=center width="1%"></TD>
      <TD noWrap align=center width="3%"><FONT face=serif size=2>100,000</FONT></TD>
      <TD noWrap align=center width="1%"></TD>
      <TD noWrap align=center width="3%"><FONT face=serif size=2>*</FONT></TD></TR></TABLE><BR>
  <TABLE cellSpacing=0 cellPadding=0 width="100%" border=0>
  
    <TR>
      <TD width="1%"></TD>
      <TD vAlign=top width="1%"><FONT face=serif size=2>*</FONT></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="97%"><FONT face=serif size=2>Represents less than 1%
        of the issued and outstanding common stock.</FONT></TD></TR>
    <TR>
      <TD width="1%"></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="97%">&nbsp;</TD></TR>
    <TR>
      <TD width="1%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
      <TD vAlign=top width="1%"><FONT face=serif size=2>(1)</FONT></TD>
      <TD vAlign=top width="1%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
      <TD vAlign=top width="97%"><FONT face=serif size=2>Unless otherwise
        indicated, we believe that all persons named in the table have sole voting
        and investment power with respect to all shares of common stock
        beneficially owned by them. For purposes of this table, a person is deemed
        to be the beneficial owner of all common stock that he has the right to
        acquire, regardless of whether such right is presently exercisable. Each
        beneficial owner&#146;s percentage ownership is determined by assuming that
        rights to acquire shares of common stock that are held by such person (but
        not those held by any other person) have been exercised.</FONT></TD></TR>
    <TR>
      <TD width="1%"></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="97%">&nbsp;</TD></TR>
    <TR>
      <TD width="1%"></TD>
      <TD vAlign=top width="1%"><FONT face=serif size=2>(2)</FONT></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="97%"><FONT face=serif size=2>Based on 20,237,872
        shares of common stock outstanding as of October 15, 2009.</FONT></TD></TR>
    <TR>
      <TD width="1%"></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="97%">&nbsp;</TD></TR>
    <TR>
      <TD width="1%"></TD>
      <TD vAlign=top width="1%"><FONT face=serif size=2>(3)</FONT></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="97%"><FONT face=serif size=2>Does not represent
        shares that may be acquired pursuant to the grants of restricted stock,
        issuances of common stock in satisfaction of other grants, or exercise of
        options to be granted under the Plans and subsequently sold pursuant to
        this prospectus.</FONT></TD></TR>
    <TR>
      <TD width="1%"></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="97%">&nbsp;</TD></TR>
    <TR>
      <TD width="1%"></TD>
      <TD vAlign=top width="1%"><FONT face=serif size=2>(4)</FONT></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="97%"><FONT face=serif size=2>Includes 174,800 shares
        issuable upon the exercise of presently exercisable stock options. Also
        includes 47,200 shares issuable upon the exercise of stock options that
        are not presently exercisable. Also includes 192,700 shares owned of
        record by Mr. Crump&#146;s wife. Mr. Crump disclaims beneficial ownership of
        the shares owned by his wife. In addition, Mr. Crump disclaims beneficial
        ownership of 324,980 shares owned of record and 82,800 shares issuable
        upon the exercise of presently exercisable stock options held by Ralph E.
        Crump, Mr. Crump&#146;s father, and 264,980 shares owned of record by Mr.
        Crump&#146;s mother.</FONT></TD></TR></TABLE>
  <P align=center><FONT face=serif size=2>4</FONT></P>
  <HR align=center width="100%" noShade SIZE=2>
  <PAGE><BR>
  <TABLE cellSpacing=0 cellPadding=0 width="100%" border=0>
  
    <TR>
      <TD width="1%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
      <TD vAlign=top width="1%"><FONT face=serif size=2>(5)</FONT></TD>
      <TD vAlign=top width="1%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
      <TD vAlign=top width="97%"><FONT face=serif size=2>Includes 98,800 shares
        issuable upon the exercise of presently exercisable stock options. Also
        includes 43,200 shares issuable upon the exercise of stock options that
        are not presently exercisable</FONT></TD></TR>
    <TR>
      <TD width="1%"></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="97%">&nbsp;</TD></TR>
    <TR>
      <TD width="1%"></TD>
      <TD vAlign=top width="1%"><FONT face=serif size=2>(6)</FONT></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="97%"><FONT face=serif size=2>Includes 82,800 shares
        issuable upon the exercise of presently exercisable stock options. Also
        includes 39,200 shares issuable upon the exercise of stock options that
        are not presently exercisable.</FONT></TD></TR>
    <TR>
      <TD width="1%"></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="97%">&nbsp;</TD></TR>
    <TR>
      <TD width="1%"></TD>
      <TD vAlign=top width="1%"><FONT face=serif size=2>(7)</FONT></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="97%"><FONT face=serif size=2>Includes 82,800 shares
        issuable upon the exercise of presently exercisable stock options. Also
        includes 39,200 shares issuable upon the exercise of stock options that
        are not presently exercisable. Also includes 264,980 shares owned of
        record by Mr. Crump&#146;s wife. Mr. Crump disclaims beneficial ownership of
        all shares owned by his wife. In addition, Mr. Crump disclaims beneficial
        ownership of 357,880 shares owned of record and 174,800 shares issuable
        upon the exercise of presently exercisable stock options held by S. <FONT face=serif size=2>Scott Crump, and 192,700 shares owned of record by Mr.
        Crump&#146;s daughter-in-law.</FONT></FONT></TD></TR>
    <TR>
      <TD width="1%"></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="97%">&nbsp; </TD></TR>
    <TR>
      <TD width="1%"></TD>
      <TD vAlign=top width="1%"><FONT face=serif size=2>(8)</FONT></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="97%"><FONT face=serif size=2>Includes 82,800 shares
        issuable upon the exercise of presently exercisable stock options. Also
        includes 39,200 shares issuable upon the exercise of stock options that
        are not presently exercisable.</FONT></TD></TR>
    <TR>
      <TD width="1%"></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="97%">&nbsp;</TD></TR>
    <TR>
      <TD width="1%"></TD>
      <TD vAlign=top width="1%"><FONT face=serif size=2>(9)</FONT></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="97%"><FONT face=serif size=2>Represents 2,800 shares
        issuable upon the exercise of presently exercisable stock options. Also
        includes 39,200 shares issuable upon the exercise of stock options that
        are not presently exercisable.</FONT></TD></TR>
    <TR>
      <TD width="1%"></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="97%">&nbsp;</TD></TR>
    <TR>
      <TD width="1%"></TD>
      <TD vAlign=top width="1%"><FONT face=serif size=2>(10)</FONT></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="97%"><FONT face=serif size=2>Includes 35,378 shares
        issuable upon the exercise of presently exercisable stock options. Also
        includes 39,200 shares issuable upon the exercise of stock options that
        are not presently exercisable.</FONT></TD></TR>
    <TR>
      <TD width="1%"></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="97%">&nbsp;</TD></TR>
    <TR>
      <TD width="1%"></TD>
      <TD vAlign=top width="1%"><FONT face=serif size=2>(11)</FONT></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="97%"><FONT face=serif size=2>Includes 82,800 shares
        issuable upon the exercise of presently exercisable stock options. Also
        includes 39,200 shares issuable upon the exercise of stock options that
        are not presently exercisable.</FONT></TD></TR></TABLE>
  <P align=center><B><FONT face=serif size=2>PLAN OF DISTRIBUTION </FONT></B></P>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>The shares
  may be sold or transferred for value by the selling stockholders, or by
  pledgees, donees, transferees or other successors in interest to the selling
  stockholders, in one or more transactions on the Nasdaq Global Select Market, in
  negotiated transactions or in a combination of such methods of sale, at market
  prices prevailing at the time of sale, at prices related to such prevailing
  market prices or at prices otherwise negotiated. The selling stockholders may
  effect such transactions by selling the shares to or through broker-dealers, and
  such broker-dealers may receive compensation in the form of underwriting
  discounts, concessions or commissions from the selling stockholders and/or the
  purchasers of the shares for whom such broker-dealers may act as agent (which
  compensation may be less than or in excess of customary commissions). The
  selling stockholders, and any broker-dealers that participate in the
  distribution of the shares, may be deemed to be &#147;underwriters&#148; within the
  meaning of Section 2(11) of the Securities Act, and any commissions received by
  them and any profit on the resale of the shares sold by them may be deemed to be
  underwriting discounts and commissions under the Securities Act. All selling and
  other expenses incurred by individual selling stockholders will be borne by such
  selling stockholders. </FONT></P>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>Upon our
  being notified by a selling stockholder that any material arrangement has been
  entered into with a broker or dealer for the sale of shares through a secondary
  distribution, or a purchase by a broker or dealer, we will file a prospectus
  supplement, if required, pursuant to Rule 424(b) under the Securities Act,
  disclosing (a) the name of each of such selling stockholder and the
  participating broker-dealers, (b) the number of shares involved, (c) the price
  at which such shares are being sold, (d) the commissions paid or the discounts
  or concessions allowed to such broker-dealers, (e) where applicable, that such
  broker-dealers did not conduct any investigation to verify the information set
  out or incorporated by reference in the prospectus, as supplemented, and (f)
  other facts material to the transaction. </FONT></P>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>In addition
  to any such number of shares sold hereunder, a selling stockholder may, at the
  same time, sell any shares of common stock, including the shares offered by this
  prospectus, owned by such person in compliance with all of the requirements of
  Rule 144 under the Securities Act, regardless of whether such shares are covered
  by this prospectus. </FONT></P>
  <P align=center><FONT face=serif size=2>5</FONT></P>
  <HR align=center width="100%" noShade SIZE=2>
  <PAGE>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>There is no
  assurance that any of the selling stockholders will sell any or all of the
  shares offered by this prospectus. </FONT></P>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>We will pay
  all expenses in connection with this offering, other than commissions and
  discounts of underwriters, dealers or agents. </FONT></P>
  <P align=center><B><FONT face=serif size=2>LEGAL MATTERS </FONT></B></P>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>The validity
  of the shares of common stock offered by this prospectus has been passed upon
  for Stratasys by Snow Becker Krauss P.C., 605 Third Avenue, New York, New York
  10158. </FONT></P>
  <P align=center><B><FONT face=serif size=2>EXPERTS </FONT></B></P>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>The
  consolidated financial statements as of and for the year ended December 31, 2006
  incorporated into this prospectus by reference have been audited by Rothstein,
  Kass and Company, P.C., Independent Registered Public Accounting Firm, as
  indicated in their reports with respect thereto, and are included herein in
  reliance on the authority of that firm as experts in accounting and auditing in
  providing their report. </FONT></P>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>The
  consolidated financial statements and schedule as of and for the years ended
  December 31, 2007 and 2008 and management&#146;s assessment of the effectiveness of internal
  control over financial reporting as of December 31, 2008 incorporated by reference in this prospectus and
  elsewhere in the registration statement have been so incorporated by reference
  in reliance upon the report of Grant Thornton LLP, Independent Registered Public
  Accounting Firm, upon the authority of said firm as experts in giving said
  reports.</FONT></P>
  <P align=center><B><FONT face=serif size=2>SEC POSITION ON INDEMNIFICATION FOR
  SECURITIES ACT LIABILITIES </FONT></B></P>
  
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>Insofar as
  indemnification for liabilities arising under the Securities Act may be
  permitted to directors, officers or persons controlling the company pursuant to
  the provisions of our certificate of incorporation or by-laws or other
  indemnification agreements to which we may be a party, we have been informed
  that in the opinion of the Securities and Exchange Commission such
  indemnification is against public policy as expressed in the Securities Act and
  is therefore unenforceable. </FONT></P>
  <P align=center><FONT face=serif size=2>6</FONT></P>
  <HR align=center width="100%" noShade SIZE=2>
  <PAGE>
  <P align=center><B><FONT face=serif size=2>PART II </FONT></B></P>
  <P align=center><B><FONT face=serif size=2>INFORMATION REQUIRED IN THE
  REGISTRATION STATEMENT </FONT></B></P>
  <P align=left><B><FONT face=serif size=2>ITEM 3. INCORPORATION OF DOCUMENTS BY
  REFERENCE </FONT></B></P>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>We
  incorporate by reference the following documents filed with the Securities and
  Exchange Commission (the &#147;SEC&#148;) pursuant to the Securities Exchange Act of 1934,
  as amended (the &#147;Exchange Act&#148;): </FONT></P>
  <TABLE cellSpacing=0 cellPadding=0 width="100%" border=0>
  
    <TR>
      <TD width="1%"></TD>
      <TD vAlign=top width="1%"><FONT face=serif size=2>(a)</FONT></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="97%"><FONT face=serif size=2>Our Annual Report on
        Form 10-K for the fiscal year ended December 31, 2008.</FONT></TD></TR>
    <TR>
      <TD width="1%"></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="97%">&nbsp;</TD></TR>
    <TR>
      <TD width="1%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
      <TD vAlign=top width="1%"><FONT face=serif size=2>(b)</FONT></TD>
      <TD vAlign=top width="1%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
      <TD vAlign=top width="97%"><FONT face=serif size=2>Our Quarterly Report on
        Form 10-Q for the quarter ended March 31, 2009.</FONT></TD></TR>
    <TR>
      <TD width="1%"></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="97%">&nbsp;</TD></TR>
    <TR>
      <TD width="1%"></TD>
      <TD vAlign=top width="1%"><FONT face=serif size=2>(c)</FONT></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="97%"><FONT face=serif size=2>Our Quarterly Report on
        Form 10-Q for the quarter ended June 30, 2009.</FONT></TD></TR>
    <TR>
      <TD width="1%"></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="97%">&nbsp;</TD></TR>
    <TR>
      <TD width="1%"></TD>
      <TD vAlign=top width="1%"><FONT face=serif size=2>(d)</FONT></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="97%"><FONT face=serif size=2>Our Current Report on
        Form 8-K dated March 24, 2009, filed March 24, 2009.</FONT></TD></TR>
    <TR>
      <TD width="1%"></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="97%">&nbsp; </TD></TR>
    <TR>
      <TD width="1%"></TD>
      <TD vAlign=top width="1%"><FONT face=serif size=2>(e)</FONT></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="97%"><FONT face=serif size=2>Our Current Report on
        Form 8-K dated April 29, 2009, filed April 30, 2009.</FONT></TD></TR>
    <TR>
      <TD width="1%"></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="97%">&nbsp;</TD></TR>
    <TR>
      <TD width="1%"></TD>
      <TD vAlign=top width="1%"><FONT face=serif size=2>(f)</FONT></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="97%"><FONT face=serif size=2>Our Current Report on
        Form 8-K dated July 29, 2009, filed July 29, 2009.</FONT></TD></TR>
    <TR>
      <TD width="1%"></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="97%">&nbsp;</TD></TR>
    <TR>
      <TD width="1%" ></TD>
      <TD vAlign=top width="1%" ><FONT size=2>(g)</FONT></TD>
      <TD vAlign=top width="1%" ></TD>
      <TD vAlign=top width="97%" ><FONT size=2>Our Current Report
        on Form 8-K dated October 29, 2009, filed November 3, 2009.</FONT></TD></TR>
    <TR>
      <TD width="1%" ></TD>
      <TD vAlign=top width="1%" ></TD>
      <TD vAlign=top width="1%" ></TD>
      <TD vAlign=top width="97%" >&nbsp;</TD></TR>
    <TR>
      <TD width="1%"></TD>
      <TD vAlign=top width="1%"><FONT face=serif size=2>(h)</FONT></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="97%"><FONT face=serif size=2>Our definitive Proxy
        Statement on Schedule 14A, filed April 1, 2009. </FONT></TD></TR>
    <TR>
      <TD width="1%"></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="97%">&nbsp;</TD></TR>
    <TR>
      <TD width="1%"></TD>
      <TD vAlign=top width="1%"><FONT face=serif size=2>(i)</FONT></TD>
      <TD vAlign=top width="1%"></TD>
      <TD vAlign=top width="97%"><FONT face=serif size=2>The description of the
        common stock contained in our Registration Statement on Form 8-A filed
        pursuant to Section 12(g) of the Exchange Act, including any amendment or
        report filed for the purpose of updating such
    information.</FONT></TD></TR></TABLE>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>All
  documents we file after the date of this Registration Statement pursuant to
  Sections 13(a), 13(c), 14, and 15(d) of the Exchange Act after the date hereof,
  and prior to filing of a post-effective amendment that indicates that all the
  securities offered hereby have been sold or that deregisters the securities
  offered hereby then remaining unsold, shall also be deemed incorporated by
  reference into this Registration Statement and to be a part hereof from the date
  of filing of such documents.</FONT></P>
  <P align=left><B><FONT face=serif size=2>ITEM 6. INDEMNIFICATION OF DIRECTORS
  AND OFFICERS </FONT></B></P>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>Section 145
  of the Delaware General Corporation Law (the &#147;DGCL&#148;) permits indemnification of
  officers, directors, employees and agents of corporations for liabilities
  arising under the Securities Act.</FONT></P>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>Article 11
  of our Certificate of Incorporation provides for the indemnification of officers
  and directors, employees and agents of the Registrant to the fullest extent
  allowed by the DGCL. In addition, our By-Laws contain the indemnification
  provisions summarized below: </FONT></P>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>Article VI
  of our By-Laws provides that we will indemnify our directors and officers
  against all costs, charges, expenses (including attorneys&#146; fees), liabilities
  and losses, judgments, fines and amounts paid in settlement in connection with
  specified actions, suits or proceedings, whether civil, criminal, administrative
  or investigative, and regardless of whether such actions, suits or proceedings
  are by or in the right of the Registrant (&#147;derivative actions&#148;), if they acted
  in good faith and in a manner they reasonably believed to be in or not opposed
  to the best interests of the corporation, and, with respect to any criminal
  action or proceeding, had no reasonable cause to believe their conduct was
  unlawful. However, in the case of derivative actions, no indemnification shall
  be made in respect of any claim, issue or matter as to which directors or
  officers shall have been adjudged to be liable to the Registrant, unless and
  only to the extent that the Court of Chancery of Delaware or the court in which
  such action or suit was brought shall determine upon application that, despite
  the adjudication of such liability but in view of all the circumstances of the
  case, such person is fairly and reasonably entitled to indemnity for such costs,
  charges and expenses which the Court of Chancery or other such court shall deem
  proper.</FONT></P>
  <P align=center><FONT face=serif size=2>II-1</FONT></P>
  <HR align=center width="100%" noShade SIZE=2>
  <PAGE>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>Article VI
  of our By-Laws further provides that we will indemnify only as authorized in the
  specific case upon a determination that indemnification is proper in the
  circumstances because the indemnified person has met the applicable standard of
  conduct specified above. Such determination shall be made (1) by the Board of
  Directors by a majority vote of a quorum consisting of directors who where not
  parties to such action, suit or proceeding, or (2) if such a quorum is not
  obtainable, or, even if obtainable a quorum of disinterested directors so
  directs, by independent legal counsel (who may not be the regular counsel of the
  Registrant) in a written opinion, or (3) by the stockholders. </FONT></P>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>Article VI
  of our By-Laws further provides that directors and officers are entitled to be
  paid by us the costs, charges and expenses incurred in defending the proceedings
  specified above in advance of their final disposition, provided that such
  payment will only be made upon delivery to us by the indemnified party of an
  undertaking to repay all amounts so advanced if it is ultimately determined that
  the person receiving such payments is not entitled to be indemnified.</FONT></P>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>Article VI
  of our By-Laws further provides a procedure for indemnification. Indemnification
  must be made promptly, within thirty (30) days, upon the written request of the
  indemnified person, and the right to indemnification or advances shall be
  enforceable by the indemnified person in any court of competent jurisdiction, if
  the Registrant denies such request, in whole or in part, or if no disposition
  thereof is made with such thirty (30) day period. Moreover, such person&#146;s costs
  and expenses actually and reasonably incurred in connection with successfully
  establishing his or her right to indemnification, in whole or in part, in any
  such action shall also be indemnified by the corporation. The Registrant has a
  defense to any such action that the claimant has not met the applicable standard
  of conduct specified above, but the burden of proving such defense shall be on
  the Registrant.</FONT></P>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>Article VI
  of our By-Laws further provides that the right to indemnification and the
  payment of expenses incurred in defending a proceeding in advance of its final
  disposition conferred in the By-Laws will not be exclusive of any other right
  which any person may have or acquire under our Certificate of Incorporation,
  By-Laws, or any statute or agreement, or otherwise.</FONT></P>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>Finally,
  Article VI of our By-Laws further provides we may, to the extent authorized from
  time to time by our Board of Directors in its discretion, indemnify and advance
  expenses to any of our employees or agents to the same extent permitted under
  Article VI with respect to its directors and officers.</FONT></P>
  <P align=left><B><FONT face=serif size=2>ITEM 8. EXHIBITS </FONT></B></P>
  <TABLE style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt; BORDER-COLLAPSE: collapse" cellSpacing=0 cellPadding=0 width="100%" border=0>
  
    <TR vAlign=bottom>
      <TD noWrap align=center width="1%"><FONT face=serif size=2>EXHIBIT</FONT></TD>
      <TD noWrap align=left width="1%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
      <TD noWrap align=left width="97%"></TD></TR>
    <TR vAlign=bottom>
      <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="1%"><FONT face=serif size=2>NO.</FONT></TD>
      <TD noWrap align=left width="1%"></TD>
      <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=left width="97%"><FONT face=serif size=2>DESCRIPTION</FONT>&nbsp;</TD></TR>
    <TR>
      <TD noWrap align=center width="1%" bgColor=#c0c0c0>4.1</TD>
      <TD noWrap align=left width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=left width="97%" bgColor=#c0c0c0>Stratasys, Inc. Second
        Amended and Restated 1994-2 Stock Option Plan.<SUP>(1)</SUP></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=center width="1%" bgColor=#ffffff><FONT face=serif size=2>4.2</FONT></TD>
      <TD noWrap align=left width="1%" bgColor=#ffffff></TD>
      <TD noWrap align=left width="97%" bgColor=#ffffff><FONT face=serif size=2>Stratasys, Inc. 1998 Incentive Stock Option
        Plan.<SUP>(2)</SUP></FONT></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=center width="1%" bgColor=#c0c0c0><FONT face=serif size=2>4.3</FONT></TD>
      <TD noWrap align=left width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=left width="97%" bgColor=#c0c0c0><FONT face=serif size=2>Stratasys, Inc. 2000 Incentive Stock Option
        Plan.<SUP>(3)</SUP></FONT></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=center width="1%" bgColor=#ffffff><FONT face=serif size=2>4.4</FONT></TD>
      <TD noWrap align=left width="1%" bgColor=#ffffff></TD>
      <TD noWrap align=left width="97%" bgColor=#ffffff><FONT face=serif size=2>Stratasys, Inc. 2002 Long-Term Performance and Incentive
        Plan.<SUP>(4)</SUP></FONT></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=center width="1%" bgColor=#c0c0c0><FONT face=serif size=2>4.5</FONT></TD>
      <TD noWrap align=left width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=left width="97%" bgColor=#c0c0c0><FONT face=serif size=2>Stratasys, Inc. 2008 Long-Term Performance and Incentive
        Plan.</FONT><SUP><FONT face=serif size=2>(5)</FONT></SUP></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=center width="1%" bgColor=#ffffff><FONT face=serif size=2>5.1</FONT></TD>
      <TD noWrap align=left width="1%" bgColor=#ffffff>&nbsp;</TD>
      <TD noWrap align=left width="97%" bgColor=#ffffff><FONT face=serif size=2>Opinion of Snow Becker Krauss P.C.</FONT></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=center width="1%" bgColor=#c0c0c0><FONT face=serif size=2>23.1</FONT></TD>
      <TD noWrap align=left width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=left width="97%" bgColor=#c0c0c0><FONT face=serif size=2>Consent of Snow Becker Krauss P.C. (included in Exhibit 5.1
        hereto)</FONT></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=center width="1%" bgColor=#ffffff><FONT face=serif size=2>23.2</FONT></TD>
      <TD noWrap align=left width="1%" bgColor=#ffffff></TD>
      <TD noWrap align=left width="97%" bgColor=#ffffff><FONT face=serif size=2>Consent of Grant Thornton LLP.</FONT></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=center width="1%" bgColor=#c0c0c0><FONT face=serif size=2>23.3</FONT></TD>
      <TD noWrap align=left width="1%" bgColor=#c0c0c0></TD>
      <TD noWrap align=left width="97%" bgColor=#c0c0c0><FONT face=serif size=2>Consent of Rothstein, Kass &amp; Company, P.C.</FONT></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=center width="1%" bgColor=#ffffff><FONT face=serif size=2>24.1</FONT></TD>
      <TD noWrap align=left width="1%" bgColor=#ffffff></TD>
      <TD noWrap align=left width="97%" bgColor=#ffffff><FONT face=serif size=2>Power of attorney of certain directors and officers of the
        Registrant.</FONT></TD></TR></TABLE>
  <TABLE style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt; BORDER-COLLAPSE: collapse" cellSpacing=0 cellPadding=0 width="100%" border=0>
  
    <TR>
      <TD width="99%" bgColor=#ffffff colSpan=4>&nbsp; </TD></TR>
    <TR>
      <TD noWrap align=left width="1%"></TD>
      <TD vAlign=top noWrap align=left width="1%">(1)</TD>
      <TD vAlign=top noWrap align=left width="1%"></TD>
      <TD vAlign=top align=left width="96%">Incorporated by reference from our
        definitive Proxy Statement on Schedule 14A with respect to the
        Registrant&#146;s 1997 Annual Meeting of Stockholders.</TD></TR>
    <TR>
      <TD noWrap align=left width="1%"></TD>
      <TD vAlign=top noWrap align=left width="1%"></TD>
      <TD vAlign=top noWrap align=left width="1%"></TD>
      <TD vAlign=top align=left width="96%">&nbsp; </TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=left width="1%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;</TD>
      <TD vAlign=top noWrap align=left width="1%"><FONT face=serif size=2>(2)</FONT></TD>
      <TD vAlign=top noWrap align=left width="1%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
      <TD vAlign=top align=left width="96%"><FONT face=serif size=2>Incorporated
        by reference from our definitive Proxy Statement on Schedule 14A with
        respect to the Registrant&#146;s 1998 Annual Meeting of
    Stockholders.</FONT></TD></TR>
    <TR>
      <TD width="99%" colSpan=4>&nbsp;</TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=left width="1%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
      <TD vAlign=top noWrap align=left width="1%"><FONT face=serif size=2>(3)</FONT></TD>
      <TD vAlign=top noWrap align=left width="1%"></TD>
      <TD vAlign=top align=left width="96%"><FONT face=serif size=2>Incorporated
        by reference from our Registration Statement on Form S-8 (File No.
        333-32782) filed March 17, 2000.</FONT></TD></TR>
    <TR>
      <TD width="99%" colSpan=4>&nbsp;</TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=left width="1%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
      <TD vAlign=top noWrap align=left width="1%"><FONT face=serif size=2>(4)</FONT></TD>
      <TD vAlign=top noWrap align=left width="1%"></TD>
      <TD vAlign=top align=left width="96%"><FONT face=serif size=2>Incorporated
        by reference from our definitive Proxy Statement on Schedule 14A with
        respect to the Registrant&#146;s 2002 Annual Meeting of
    Stockholders.</FONT></TD></TR>
    <TR>
      <TD noWrap align=left width="1%"></TD>
      <TD vAlign=top noWrap align=left width="1%"></TD>
      <TD vAlign=top noWrap align=left width="1%"></TD>
      <TD vAlign=top noWrap align=left width="96%">&nbsp;</TD></TR>
    <TR>
      <TD noWrap align=left width="1%"></TD>
      <TD vAlign=top noWrap align=left width="1%"><FONT size=2>(5)</FONT></TD>
      <TD vAlign=top noWrap align=left width="1%"></TD>
      <TD vAlign=top align=left width="96%">Incorporated by reference from our
        definitive Proxy Statement on Schedule 14A with respect to the
        Registrant&#146;s 2008 Annual Meeting of
  Stockholders.</TD></TR></TABLE><BR>
  
  <P align=center><FONT face=serif size=2>II-2</FONT></P>
  <HR align=center width="100%" noShade SIZE=2>
  <PAGE>
  <P align=left><B><FONT face=serif size=2>ITEM 9. UNDERTAKINGS </FONT></B></P>
  <TABLE cellSpacing=0 cellPadding=0 border=0>
  
    <TR>
      <TD vAlign=top noWrap><FONT face=serif size=2>A.</FONT></TD>
      <TD vAlign=top noWrap></TD>
      <TD vAlign=top width="100%" colSpan=5><FONT face=serif size=2>The
        undersigned Registrant hereby undertakes:</FONT></TD></TR>
    <TR>
      <TD vAlign=top colSpan=7>&nbsp; </TD></TR>
    <TR>
      <TD vAlign=top>&nbsp;</TD>
      <TD vAlign=top>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </TD>
      <TD vAlign=top noWrap><FONT face=serif size=2>(1)</FONT></TD>
      <TD vAlign=top>&nbsp;&nbsp;&nbsp; </TD>
      <TD vAlign=top width="100%" colSpan=3><FONT face=serif size=2>To file,
        during any period in which offers or sales are being made, a
        post-effective amendment to this Registration Statement:</FONT></TD></TR>
    <TR>
      <TD vAlign=top colSpan=7>&nbsp; </TD></TR>
    <TR>
      <TD vAlign=top>&nbsp;</TD>
      <TD vAlign=top></TD>
      <TD vAlign=top>&nbsp;</TD>
      <TD vAlign=top noWrap>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </TD>
      <TD vAlign=top noWrap><FONT face=serif size=2>(i)</FONT></TD>
      <TD vAlign=top>&nbsp;&nbsp;&nbsp;</TD>
      <TD vAlign=top width="100%"><FONT face=serif size=2>To include any
        prospectus required by Section 10(a)(3) of the Securities
  Act;</FONT></TD></TR>
    <TR>
      <TD vAlign=top colSpan=7>&nbsp; </TD></TR>
    <TR>
      <TD vAlign=top>&nbsp;</TD>
      <TD vAlign=top></TD>
      <TD vAlign=top>&nbsp;</TD>
      <TD vAlign=top noWrap></TD>
      <TD vAlign=top noWrap><FONT face=serif size=2>(ii)</FONT></TD>
      <TD vAlign=top>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </TD>
      <TD vAlign=top width="100%"><FONT face=serif size=2>To reflect in the
        prospectus any facts or events arising after the effective date of this
        Registration Statement (or the most recent post-effective amendment
        thereof) which, individually or in the aggregate, represent a fundamental
        change in the information set forth in this Registration Statement.
        Notwithstanding the foregoing, any increase or decrease in volume of
        securities offered (if the total dollar value of securities offered would
        not exceed that which was registered) and any deviation from the low or
        high end of the estimated maximum offering range may be reflected in the
        form of prospectus filed with the Commission pursuant to Rule 424(b) if,
        in the aggregate, the changes in volume and price represent no more than a
        20 percent change in the maximum aggregate offering price set forth in the
        &#147;Calculation of Registration Fee&#148; table in the effective Registration
        Statement; and</FONT></TD></TR>
    <TR>
      <TD vAlign=top colSpan=7>&nbsp; </TD></TR>
    <TR>
      <TD vAlign=top>&nbsp;</TD>
      <TD vAlign=top></TD>
      <TD vAlign=top>&nbsp;</TD>
      <TD vAlign=top noWrap></TD>
      <TD vAlign=top noWrap><FONT face=serif size=2>(iii)</FONT></TD>
      <TD vAlign=top></TD>
      <TD vAlign=top width="100%"><FONT face=serif size=2>To include any
        material information with respect to the plan of distribution not
        previously disclosed in this Registration Statement or any material change
        to such information in this Registration Statement;</FONT></TD></TR>
    <TR>
      <TD vAlign=top></TD>
      <TD vAlign=top></TD>
      <TD vAlign=top></TD>
      <TD vAlign=top noWrap></TD>
      <TD vAlign=top noWrap></TD>
      <TD vAlign=top></TD>
      <TD vAlign=top width="100%">&nbsp;</TD></TR>
    <TR>
      <TD vAlign=top></TD>
      <TD vAlign=top></TD>
      <TD vAlign=top width="100%" colSpan=5><FONT face=serif size=2><EM>provided</EM><FONT face=serif>, </FONT><I><FONT face=serif>however</FONT></I><FONT face=serif>, that paragraphs (a)(1)(i)
        and (a)(1)(ii) above do not apply if the information required to be
        included by those paragraphs is contained in reports filed with or
        furnished to the Securities and Exchange Commission by the Registrant
        pursuant to Section 13 or Section 15(d) of the Exchange Act that are
        incorporated by reference in this Registration
    Statement.</FONT></FONT></TD></TR>
    <TR>
      <TD vAlign=top></TD>
      <TD vAlign=top></TD>
      <TD vAlign=top></TD>
      <TD vAlign=top noWrap></TD>
      <TD vAlign=top noWrap></TD>
      <TD vAlign=top></TD>
      <TD vAlign=top width="100%">&nbsp;</TD></TR>
    <TR>
      <TD vAlign=top></TD>
      <TD vAlign=top></TD>
      <TD vAlign=top><FONT face=serif size=2>(2)</FONT></TD>
      <TD vAlign=top noWrap></TD>
      <TD vAlign=top width="100%" colSpan=3><FONT face=serif size=2>That, for
        the purpose of determining any liability under the Securities Act, each
        such post-effective amendment shall be deemed to be a new registration
        statement relating to the securities offered therein, and the offering of
        such securities at that time shall be deemed to be the initial <I><FONT face=serif>bona fide </FONT></I><FONT face=serif>offering
        thereof.</FONT></FONT></TD></TR>
    <TR>
      <TD vAlign=top></TD>
      <TD vAlign=top></TD>
      <TD vAlign=top></TD>
      <TD vAlign=top noWrap></TD>
      <TD vAlign=top noWrap></TD>
      <TD vAlign=top></TD>
      <TD vAlign=top width="100%">&nbsp;</TD></TR>
    <TR>
      <TD vAlign=top></TD>
      <TD vAlign=top></TD>
      <TD vAlign=top><FONT face=serif size=2>(3)</FONT></TD>
      <TD vAlign=top noWrap></TD>
      <TD vAlign=top width="100%" colSpan=3><FONT face=serif size=2>To remove
        from registration by means of a post-effective amendment any of the
        securities being registered which remain unsold at the termination of the
        offering.</FONT></TD></TR></TABLE><BR>
  <TABLE cellSpacing=0 cellPadding=0 border=0>
  
    <TR>
      <TD vAlign=top noWrap><FONT face=serif size=2>B.</FONT></TD>
      <TD vAlign=top noWrap>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </TD>
      <TD vAlign=top width="100%" colSpan=5><FONT face=serif size=2>The
        undersigned Registrant hereby undertakes that, for purposes of determining
        any liability under the Securities Act, each filing of the Registrant&#146;s
        annual report pursuant to Section 13(a) or 15(d) of the Exchange Act (and,
        where applicable, each filing of an employee benefit plan&#146;s annual report
        pursuant to Section 15(d) of the Exchange Act) that is incorporated by
        reference in this Registration Statement shall be deemed to be a new
        registration statement relating to the securities offered therein, and the
        offering of such securities at that time shall be deemed to be the initial
        <I><FONT face=serif size=2>bona fide</FONT></I><FONT face=serif size=2>
        offering thereof.</FONT></FONT></TD></TR>
    <TR>
      <TD vAlign=top noWrap></TD>
      <TD vAlign=top noWrap></TD>
      <TD vAlign=top width="100%" colSpan=5>&nbsp;</TD></TR>
    <TR>
      <TD vAlign=top noWrap><FONT size=2>C.</FONT></TD>
      <TD vAlign=top noWrap></TD>
      <TD vAlign=top width="100%" colSpan=5><FONT size=2>Insofar as
        indemnification for liabilities arising under the Securities Act may be
        permitted to directors, officers and controlling persons of the Registrant
        pursuant to the foregoing provisions, or otherwise, the Registrant has
        been advised that, in the opinion of the Securities and Exchange
        Commission, such indemnification is against public policy as expressed in
        the Securities Act and is, therefore, unenforceable. In the event that a
        claim for indemnification against such liabilities (other than the payment
        by the Registrant of expenses incurred or paid by a director, officer or
        controlling person of the Registrant in the successful defense of any
        action, suit or proceeding) is asserted by such director, officer or
        controlling person in connection with the securities being registered, the
        Registrant will, unless in the opinion of its counsel the matter has been
        settled by controlling precedent, submit to a court of appropriate
        jurisdiction the question whether such indemnification by it is against
        public policy as expressed in the Securities Act and will be governed by
        the final adjudication of such issue.</FONT></TD></TR></TABLE>
  <P align=center><FONT face=serif size=2>II-3</FONT></P>
  <HR align=center width="100%" noShade SIZE=2>
  <PAGE>
  <P align=center><FONT face=serif size=2>SIGNATURES</FONT></P>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>Pursuant to
  the requirements of the Securities Act of 1933, the Registrant certifies that it
  has reasonable grounds to believe that it meets all of the requirements for
  filing on Form S-8 and has duly caused this registration statement to be signed
  on its behalf by the undersigned, thereunto duly authorized, in the City of Eden
  Prairie, State of Minnesota, on October 30, 2009.</FONT></P>
  <P align=left>
  <TABLE style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt; BORDER-COLLAPSE: collapse" cellSpacing=0 cellPadding=0 width="100%" border=0>
  
    <TR vAlign=bottom>
      <TD noWrap align=left width="49%"></TD>
      <TD noWrap align=left width="50%" colSpan=2>STRATASYS, INC.</TD></TR>
    <TR>
      <TD width="49%">&nbsp;</TD>
      <TD width="50%" colSpan=2></TD></TR>
    <TR>
      <TD width="49%"></TD>
      <TD width="50%" colSpan=2></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=left width="49%"></TD>
      <TD noWrap align=left width="1%"><FONT face=serif size=2>By:&nbsp;</FONT></TD>
      <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=left width="49%">/s/ S. S<FONT face=serif size=1>COTT</FONT> C<FONT face=serif size=1>RUMP</FONT></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=left width="49%"></TD>
      <TD noWrap align=left width="50%" colSpan=2><FONT face=serif size=2>S.
        Scott Crump</FONT></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=left width="49%"></TD>
      <TD noWrap align=left width="50%" colSpan=2><FONT face=serif size=2>Chief
        Executive Officer and</FONT></TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=left width="49%"></TD>
      <TD noWrap align=left width="50%" colSpan=2><FONT face=serif size=2>Chairman of the Board</FONT></TD></TR></TABLE>
  <P align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT face=serif size=2>Pursuant to
  the requirements of the Securities Act of 1933, this registration statement has
  been signed by the following persons in the capacities and on the date
  indicated.</FONT></P>
  <TABLE style="FONT-SIZE: 10pt; LINE-HEIGHT: 14pt; BORDER-COLLAPSE: collapse" cellSpacing=0 cellPadding=0 width="100%" border=0>
  
    <TR vAlign=bottom>
      <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=right width="10%">&nbsp;/s/</TD>
      <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=left width="23%">&nbsp;S. S<FONT face=serif size=1>COTT</FONT> C<FONT face=serif size=1>RUMP</FONT></TD>
      <TD noWrap align=left width="18%">&nbsp;</TD>
      <TD noWrap align=left width="15%">Chairman of the Board of Directors,</TD>
      <TD noWrap align=right width="8%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
        &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
      <TD noWrap align=center width="25%">October 30, 2009</TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=right width="10%"></TD>
      <TD noWrap align=left width="23%">S. Scott Crump</TD>
      <TD noWrap align=left width="18%"></TD>
      <TD noWrap align=left width="15%">&nbsp;President, Chief Executive
      Officer</TD>
      <TD noWrap align=left width="8%">&nbsp;</TD>
      <TD noWrap align=center width="25%">&nbsp;</TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=right width="10%"></TD>
      <TD noWrap align=left width="23%"></TD>
      <TD noWrap align=left width="18%"></TD>
      <TD noWrap align=left width="15%">(Principal Executive Officer)</TD>
      <TD noWrap align=left width="8%"></TD>
      <TD noWrap align=center width="25%">&nbsp;</TD></TR>
    <TR>
      <TD align=right width="10%"></TD>
      <TD align=left width="89%" colSpan=5>&nbsp;</TD></TR>
    <TR vAlign=bottom>
      <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=right width="10%">/s/</TD>
      <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=left width="23%">&nbsp;R<FONT face=serif size=1>OBERT</FONT> F. G<FONT face=serif size=1>ALLAGHER</FONT></TD>
      <TD noWrap align=left width="18%">&nbsp;</TD>
      <TD align=left width="15%">Chief Financial Officer (Principal</TD>
      <TD noWrap align=right width="8%">&nbsp;</TD>
      <TD noWrap align=center width="25%">October 30, 2009</TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=right width="10%"></TD>
      <TD noWrap align=left width="23%">Robert F. Gallagher</TD>
      <TD noWrap align=left width="18%">&nbsp;</TD>
      <TD noWrap align=left width="15%">Financial and Accounting Officer)</TD>
      <TD noWrap align=left width="8%"></TD>
      <TD noWrap align=center width="25%">&nbsp;</TD></TR>
    <TR>
      <TD align=right width="10%"></TD>
      <TD align=left width="89%" colSpan=5>&nbsp;</TD></TR>
    <TR vAlign=bottom>
      <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=right width="10%">/s/</TD>
      <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=left width="23%">&nbsp;R<FONT face=serif size=1>ALPH</FONT> E. C<FONT face=serif size=1>RUMP</FONT> *</TD>
      <TD noWrap align=left width="18%">&nbsp;</TD>
      <TD noWrap align=center width="15%">Director</TD>
      <TD noWrap align=right width="8%">&nbsp;</TD>
      <TD noWrap align=center width="25%">October 30, 2009</TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=right width="10%"></TD>
      <TD noWrap align=left width="23%">Ralph E. Crump</TD>
      <TD noWrap align=left width="18%">&nbsp;</TD>
      <TD noWrap align=center width="15%">&nbsp;</TD>
      <TD noWrap align=left width="8%"></TD>
      <TD noWrap align=center width="25%">&nbsp;</TD></TR>
    <TR>
      <TD align=right width="10%"></TD>
      <TD align=left width="89%" colSpan=5>&nbsp;</TD></TR>
    <TR vAlign=bottom>
      <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=right width="10%">/s/</TD>
      <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=left width="23%">&nbsp;E<FONT face=serif size=1>DWARD</FONT> J. F<FONT face=serif size=1>IERKO</FONT> *</TD>
      <TD noWrap align=left width="18%"></TD>
      <TD noWrap align=center width="15%">Director</TD>
      <TD noWrap align=right width="8%">&nbsp;</TD>
      <TD noWrap align=center width="25%">October 30, 2009</TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=right width="10%"></TD>
      <TD noWrap align=left width="23%">Edward J. Fierko</TD>
      <TD noWrap align=left width="18%">&nbsp;</TD>
      <TD noWrap align=center width="15%"></TD>
      <TD noWrap align=left width="8%"></TD>
      <TD noWrap align=center width="25%"></TD></TR>
    <TR>
      <TD align=right width="10%"></TD>
      <TD align=left width="89%" colSpan=5>&nbsp;</TD></TR>
    <TR vAlign=bottom>
      <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=right width="10%">/s/</TD>
      <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=left width="23%">&nbsp;J<FONT face=serif size=1>OHN</FONT> J. M<FONT face=serif size=1>C</FONT>E<FONT face=serif size=1>LENEY</FONT> *</TD>
      <TD noWrap align=left width="18%"></TD>
      <TD noWrap align=center width="15%">Director</TD>
      <TD noWrap align=right width="8%">&nbsp;</TD>
      <TD noWrap align=center width="25%">October 30, 2009</TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=right width="10%"></TD>
      <TD noWrap align=left width="23%">John J. McEleney</TD>
      <TD noWrap align=left width="18%">&nbsp;</TD>
      <TD noWrap align=center width="15%"></TD>
      <TD noWrap align=left width="8%"></TD>
      <TD noWrap align=center width="25%">&nbsp;</TD></TR>
    <TR>
      <TD align=right width="10%"></TD>
      <TD align=left width="89%" colSpan=5>&nbsp;</TD></TR>
    <TR vAlign=bottom>
      <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=right width="10%">/s/</TD>
      <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=left width="23%">&nbsp;C<FONT face=serif size=1>LIFFORD</FONT> H. S<FONT face=serif size=1>CHWIETER</FONT> *</TD>
      <TD noWrap align=left width="18%"></TD>
      <TD noWrap align=center width="15%">Director</TD>
      <TD noWrap align=right width="8%"></TD>
      <TD noWrap align=center width="25%">October 30, 2009</TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=right width="10%"></TD>
      <TD noWrap align=left width="23%">Clifford H. Schwieter</TD>
      <TD noWrap align=left width="18%"></TD>
      <TD noWrap align=center width="15%"></TD>
      <TD noWrap align=left width="8%"></TD>
      <TD noWrap align=center width="25%"></TD></TR>
    <TR>
      <TD align=right width="10%"></TD>
      <TD align=left width="89%" colSpan=5>&nbsp;</TD></TR>
    <TR vAlign=bottom>
      <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=right width="10%">/s/</TD>
      <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=left width="23%">&nbsp;G<FONT face=serif size=1>REGORY</FONT> L. W<FONT face=serif size=1>ILSON</FONT> *</TD>
      <TD noWrap align=left width="18%"></TD>
      <TD noWrap align=center width="15%">Director</TD>
      <TD noWrap align=right width="8%"></TD>
      <TD noWrap align=center width="25%">October 30, 2009</TD></TR>
    <TR vAlign=bottom>
      <TD noWrap align=right width="10%"></TD>
      <TD noWrap align=left width="23%">Gregory L. Wilson</TD>
      <TD noWrap align=left width="18%"></TD>
      <TD noWrap align=center width="15%"></TD>
      <TD noWrap align=left width="8%"></TD>
      <TD noWrap align=left width="25%">&nbsp;</TD></TR></TABLE><BR>
  <TABLE cellSpacing=0 cellPadding=0 width="100%" border=0>
  
    <TR>
      <TD width="1%"><FONT face=serif size=2>*By:&nbsp; </FONT></TD>
      <TD style="BORDER-BOTTOM: #000000 1pt solid" width="1%"><FONT face=serif size=2>/s/</FONT></TD>
      <TD style="BORDER-BOTTOM: #000000 1pt solid" width="1%"><FONT face=serif size=2>&nbsp;</FONT></TD>
      <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap width="5%"><FONT face=serif size=2>S. SCOTT CRUMP</FONT></TD>
      <TD width="92%">&nbsp;</TD></TR>
    <TR>
      <TD width="1%"></TD>
      <TD width="1%"></TD>
      <TD width="1%"></TD>
      <TD width="97%" colSpan=2><FONT face=serif size=2>S. Scott
        Crump<BR>Attorney-in-fact</FONT></TD></TR></TABLE><BR>
  <HR align=center width="100%" noShade SIZE=2>
  
  </BODY>
  
  </HTML>
metadata_documents: [{"type": "S-8", "sequence": "1", "filename": "stratasys_s8.htm", "description": "INITIAL REGISTRATION STATEMENT FOR SECURITIES TO BE OFFERED TO EMPLOYEES", "secsgml_size_bytes": 104968}]
metadata_filer: {"company-data": {"conformed-name": "STRATASYS INC", "cik": "0000915735", "assigned-sic": "3577", "irs-number": "363658792", "state-of-incorporation": "DE", "fiscal-year-end": "0725"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-162830", "film-number": "091153681"}, "business-address": {"street1": "14950 MARTIN DRIVE", "city": "EDEN PRAIRIE", "state": "MN", "zip": "55344", "phone": "9529373000"}, "mail-address": {"street1": "14950 MARTIN DRIVE", "city": "EDEN PRAIRIE", "state": "MN", "zip": "55344"}}
text: Registration No.
        333-_____
  UNITED STATES
  SECURITIES AND EXCHANGE COMMISSION
  WASHINGTON, D.C. 20549
  _____________________
  FORM S-8
  REGISTRATION STATEMENT
  UNDER THE SECURITIES ACT OF 1933
  _____________________
  STRATASYS, INC.
  (Exact name of registrant as specified in its charter)
  _____________________
  Delaware
  (State or
        other jurisdiction of
  36-3658792
  incorporation
        or organization)
  (I.R.S.
        Employer Identification Number)
  7665
        Commerce Way
  Eden
        Prairie, Minnesota
  55344-2020
  (Address of
        Principal Executive Offices)
  (Zip
        Code)
  _____________________
  Stratasys,
  Inc. 2008 Long-Term Performance and Incentive Plan
  (Full title of the plan)
  _____________________
  S. SCOTT CRUMP,
  PRESIDENT
  STRATASYS, INC.
  7665 COMMERCE
  WAY
  EDEN PRAIRIE, MINNESOTA
  55344-2020
  (Name and address of agent for
  service)
  (952) 937-3000
  (Telephone number, including area code, of agent for service)
  Copy to:
  ERIC HONICK, ESQ.
  SNOW BECKER KRAUSS P.C.
  605 THIRD
  AVENUE
  NEW YORK, NEW YORK
  10158-0125
  (212) 687-3860
  FACSIMILE: (212) 949-7052
  Indicate by check mark whether the
  registrant is a large accelerated filer, an accelerated filer, a non-accelerate
  filer, or a smaller reporting company. See the definitions of "large accelerated
  filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the
  Exchange Act. (Check one):
  Large
        accelerated filer [   ]
  Accelerated
        filer [ X ]
  Non-accelerated filer [
  ]
  (Do not check if a smaller reporting company)
  Smaller
        reporting company [  ]
  CALCULATION OF REGISTRATION FEE
  Title of securities to be
  registered
  Amount to be
  registered
  Proposed maximum
  offering price
        per share
  Proposed maximum
  aggregate
        offering price
  Amount of
  registration
      fee
  Common Stock, $.01 par value
  Total
  1,000,000 (1)
  $ 15.79 (2)
  $ 15,790,000
  $ 881.08
  (1)
  Pursuant to Rule 416(a)
        under the Securities Act of 1933, as amended (the "Securities Act"), this
        Registration Statement also covers any additional shares of common stock
        of the Registrant that may become issuable pursuant to the anti-dilution
        provisions of the plan described herein.
  (2)
  Estimated solely for
        the purpose of calculating the registration fee pursuant to Rule 457(c)
        and (h) under the Securities Act, on the basis of the average of the high
        and low sale prices for the Registrant's common stock on the Nasdaq Global
        Select Market on October 29, 2009.
  NOTE
  This
  Registration Statement filed by Stratasys, Inc. (the "Registrant") includes a
  form of prospectus to be used by certain persons who may be deemed to be
  affiliates of the Registrant in connection with the resale of shares of common
  stock (i) issued to such persons pursuant to the exercise of options granted,
  (ii) issued to such persons as restricted stock, or (iii) otherwise issued to
  such persons as equity compensation, under one or more of the following plans:
  Registrant's 2008 Long-Term Performance and Incentive
    Plan;
  Registrant's 2002 Long-Term Performance and Incentive Plan,
    which shares are subject to Registrant's Registration Statement on Form S-8,
    filed on June 4, 2004 (File No. 333-116210);
  Registrant's 2000 Incentive Stock Option Plan, which shares
    are subject to Registrant's Registration Statement on Form S-8, filed on March
    17, 2000 (File No. 333-32782);
  Registrant's 1998 Incentive Stock Option Plan, which shares
    are subject to Registrant's Registration Statement on Form S-8, filed on March
    17, 2000 (File No. 333-32782); and
  Registrant's Second Amended and Restated 1994-2 Stock Option
    Plan, 500,000 of which shares are subject to the Registration Statement on
    Form S-8, filed on March 17, 2000 (File No. 333-32782) and 500,000 of which
    are subject to the Registrant's Registration Statement on Form S-8, filed on
    June 9, 1995 (File No. 33-93362).
  PART I
  INFORMATION REQUIRED IN THE SECTION
  10(A) PROSPECTUS
  Item 1. Plan Information.**
  Item 2. Registrant Information and
  Employee Plan Annual Information.**
  ____________________
  **
  The documents
        containing the information specified in Part I of Form S-8 will be
        delivered to various individuals who received options to purchase our
        common stock or grants of common stock under our 2008 Long-Term
        Performance and Incentive Plan in accordance with Form S-8 and Rule
        428(b)(1) under the Securities Act. Such documents are not required to be,
        and are not, filed with the SEC either as part of this Registration
        Statement or as prospectuses or prospectus supplements pursuant to Rule
        424 of the Securities Act. These documents and the documents incorporated
        by reference into this Registration Statement pursuant to Item 3 of Part
        II of this Registration Statement, taken together, constitute a prospectus
        that meets the requirements of Section 10(a) of the Securities
      Act.
  REOFFER PROSPECTUS
  1,968,578 Shares
  STRATASYS, INC.
  Common Stock
  We have
  prepared this Reoffer Prospectus (the "prospectus") so certain of our officers
  and directors may resell shares of our common stock. The selling stockholders
  acquired or may acquire the shares offered by this prospectus pursuant to grants
  of restricted stock, issuances of common stock in satisfaction of stock
  appreciation rights or other grants, or exercise of options granted or to be
  granted under any of the following plans (collectively, the "Plans"):
  Our 2008 Long-Term Performance and Incentive Plan
    (the "2008 Plan");
  Our 2002 Long-Term Performance and Incentive Plan
    (the "2002 Plan");
  Our 2000 Incentive Stock Option Plan (the "2000
    Plan");
  Our 1998 Incentive Stock Option Plan (the "1998
    Plan"); and
  Our Second Amended and Restated 1994-2 Stock Plan
    (the "1994-2 Plan")
  The maximum
  number of shares that may be offered or sold under this prospectus is subject to
  adjustment in the event of stock splits or dividends, recapitalizations and
  other similar changes affecting the common stock. Our common stock is quoted on
  the Nasdaq Global Select Market under the symbol SSYS. We anticipate that the
  selling stockholders will offer shares of common stock for resale at prevailing
  prices on the Nasdaq Global Select Market or such other market upon which our
  common stock may then trade on the date of sale. We will receive none of the
  proceeds from the sale of the common stock offered by this prospectus, but we
  will receive the exercise price upon exercise of the options.
  The shares
  of Common Stock are "control securities" under the Securities Act, before their
  sale under this prospectus. This prospectus has been prepared for the purpose of
  registering the shares under the Securities Act to allow for future sales by the
  selling stockholders to the public. Each stockholder that sells shares of our
  Common Stock pursuant to this prospectus may be deemed to be an "underwriter"
  within the meaning of the Securities Act. Any commissions received by a broker
  or dealer in connection with resales of shares may be deemed to be underwriting
  commissions or discounts under the Securities Act. You should read this
  prospectus and any accompanying prospectus supplement carefully before you make
  your investment decision.
  AN
  INVESTMENT IN OUR SECURITIES INVOLVES A DEGREE OF RISK. YOU SHOULD PURCHASE OUR
  SECURITIES ONLY IF YOU CAN AFFORD A LOSS OF YOUR INVESTMENT.
  SEE "RISK FACTORS" BEGINNING ON PAGE 3.
  NEITHER THE
  SECURITIES AND EXCHANGE COMMISSION NOR ANY STATE SECURITIES COMMISSION HAS
  APPROVED OR DISAPPROVED OF THESE SECURITIES OR DETERMINED IF THIS PROSPECTUS IS
  TRUTHFUL OR COMPLETE. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.
  The date of this prospectus is October
  30, 2009.
  TABLE OF CONTENTS
  Available Information
  1
  Documents
        Incorporated By Reference
  1
  Forward-Looking Statements
  2
  The
        Company
  2
  Risk Factors
  3
  Use of
        Proceeds
  3
  Selling Stockholders
  4
  Plan of
        Distribution
  5
  Legal Matters
  6
  Experts
  6
  SEC position on Indemnification for Securities Act
        Liabilities
  6
  AVAILABLE INFORMATION
  We file
  annual, quarterly and current reports, proxy statements and other information
  with the Securities and Exchange Commission (the "SEC"). You may read and copy
  any reports, statements or other information that we file with the SEC at the
  SEC's Public Reference Room located at 100 F Street, N.E., Washington, D.C.
  20549. Please call the SEC at l-800-SEC-0330 for further information about the
  operation of the Public Reference Room. Our public filings are also available
  from commercial document retrieval services and at the Internet web site
  maintained by the SEC at http://www.sec.gov. We distribute to our stockholders
  annual reports containing audited financial statements.
  DOCUMENTS INCORPORATED BY REFERENCE
  The SEC
  allows us to "incorporate by reference" information into this prospectus, which
  means that we can disclose important information to investors by referring them
  to another document filed separately with the SEC. The information incorporated
  by reference is deemed to be part of this prospectus, except for any information
  superseded by information contained directly in this document. This prospectus
  incorporates by reference the documents set forth below that we have previously
  filed with the SEC. These documents contain important information about us and
  our financial condition.
  We incorporate by reference the
  documents listed below:
  (a)
  Our Annual Report on
        Form 10-K for the fiscal year ended December 31, 2008.
  (b)
  Our Quarterly Report
        on Form 10-Q for the quarter ended March 31, 2009.
  (c)
  Our Quarterly Report
        on Form 10-Q for the quarter ended June 30, 2009.
  (d)
  Our Current Report on
        Form 8-K dated March 24, 2009, filed March 24, 2009.
  (e)
  Our Current Report on
        Form 8-K dated April 29, 2009, filed April 30, 2009.
  (f)
  Our Current Report on
        Form 8-K dated July 29, 2009, filed July 29, 2009.
  (g)
  Our Current Report
        on Form 8-K dated October 29, 2009, filed November 3, 2009.
  (h)
  Our definitive Proxy
        Statement on Schedule 14A, filed April 1, 2009.
  (i)
  The description of the
        common stock contained in our Registration Statement on Form 8-A filed
        pursuant to Section 12(g) of the Exchange Act, including any amendment or
        report filed for the purpose of updating such information.
  All
  documents we file after the date of this prospectus pursuant to Sections 13(a),
  13(c), 14, and 15(d) of the Exchange Act shall be deemed to be incorporated by
  reference in this prospectus and to be a part of this prospectus from the date
  of filing of such documents. Any statement contained in a previously filed
  document incorporated by reference in this prospectus shall be deemed to be
  modified or superseded for purposes of this prospectus to the extent that a
  statement in this prospectus modifies or supersedes such previous statement and
  any statement contained in this prospectus shall be deemed to be modified or
  superseded to the extent that a statement in any document subsequently filed,
  which is incorporated by reference in this prospectus, modifies or supersedes
  such statement. Any statement so modified or superseded shall not be deemed,
  except as so modified or superseded, to constitute a part of this prospectus.
  We will provide without charge to
  each person to whom a copy of this prospectus is delivered, upon written or oral
  request of such person, a copy of any or all of the information that has been
  incorporated by reference in this prospectus (excluding exhibits, unless such
  exhibits are specifically incorporated by reference into the information which
  this prospectus incorporates). Written requests for copies of such information
  should be directed to Stratasys, Inc., 7665 Commerce Way, Eden Prairie,
  Minnesota 55344-2080, Attention: Chief Financial Officer. Telephone requests may
  be directed to the Chief Financial Officer at (952) 937-3000.
  1
  FORWARD-LOOKING STATEMENTS
  This
  prospectus and the documents that are incorporated by reference contain
  forward-looking statements within the meaning of the safe harbor provisions of
  Section 27A of the Securities Act and Section 21E of the Securities Exchange Act
  of 1934, and are subject to various risks, uncertainties and assumptions. In
  some cases, you can identify forward-looking statements by terminology such as
  "may," "should," "could," "predict," "potential," "continue," "expect,"
  "anticipate," "future," "intend," "plan, "believe," "project," "estimate" and
  similar expressions (or the negative of such expressions), but their absence
  does not mean that a statement is not forward-looking. Should one or more of
  these risks or uncertainties materialize, or should our underlying assumptions
  prove incorrect, actual results may differ materially from those anticipated,
  estimated or expected. Investors and prospective investors in our Company should
  understand that several factors govern whether any forward-looking statement
  herein will be or can be achieved. Any one of these factors could cause actual
  results to differ materially from those projected herein.
  Forward-looking statements are made based on management's current
  expectations and beliefs concerning future events and, therefore, involve a
  number of assumptions, risks and uncertainties, including the risk factors
  described in Item 1A "Risk Factors" of our Annual Report on Form 10-K for the
  fiscal year ended December 31, 2008. There are a number of risk factors
  associated with the conduct of our business, and the risks factors described in
  Item 1A "Risk Factors" of our Annual Report on Form 10-K for the fiscal year
  ended December 31, 2008 may not be exhaustive. New risks and uncertainties arise
  from time to time, and we cannot predict these events or how they may affect us.
  All forward-looking statements should be read with caution.
  THE COMPANY
  We are a
  worldwide leading manufacturer of three-dimensional ("3D") printers and
  high-performance rapid prototyping ("RP") systems for the office-based RP and
  direct digital manufacturing ("DDM") markets. Our 3D printers and
  high-performance RP systems provide 3D computer-aided design ("CAD") users a
  fast, office-friendly, and low-cost alternative for building functional 3D
  parts. We develop, manufacture and sell a broad product line of 3D printers and
  DDM systems (and related proprietary consumable materials) that create physical
  models from CAD designs. We also offer rapid prototyping and production part
  manufacturing services through our centers located in North America, Europe and
  Australia.
  We were
  incorporated in Delaware in 1989 and our executive offices are located in Eden
  Prairie,
  Minnesota. Our systems are based on our
  core patented fused deposition modeling ("FDM
  ®
  ") technology and on our patented Genisys
  ®
  technology, which we purchased from IBM in 1994. We sold our
  first product, the 3D Modeler
  ®
  ,
  commercially in April 1992 and introduced our second product, the Benchtop, in
  June 1993. In February 2002, we introduced the Dimension
  ®
  system, our first 3D printer. Dimension offers modeling
  capabilities in durable ABS plastic using a desktop 3D printer platform. In May
  2007, we introduced the Fortus 200mc, which was the first of several systems
  specifically designed for DDM, which is the production of end use parts and
  assembly tools rather than prototypes. In January 2009, we introduced the uPrint
  Personal 3D Printer, which is designed for desktop use and priced at
  $14,900.
  Our
  high-performance systems are used both to create prototype models as well as to
  produce parts for end-user, or DDM, applications. Our 3D printers and
  high-performance systems can be used in office environments without expensive
  facility modification. In many industries, the models and prototypes required in
  product development are produced laboriously by hand-sculpting or machining, a
  traditional process that can take days or weeks. Our computerized modeling
  systems use our proprietary technology to make models and prototypes as well as
  end-use parts directly from a designer's 3D CAD in a matter of hours. In
  addition to selling RP systems and 3D printers, our Paid Parts service makes and
  sells physical models, tooling and prototypes for RP and DDM applications based
  on our customers' CAD files. We estimate that approximately 35% of our
  high-performance RP system sales are used for DDM applications.
  2
  We believe
  that the 3D printers and Fortus 3D Production Systems using our FDM technology
  are the only systems commercially available that can produce prototypes and
  parts from industry product-grade plastic without relying on lasers. This
  affords our products a number of significant advantages over other commercially
  available 3D rapid prototyping technologies that rely primarily on lasers to
  create models. Such benefits include:
  the ability to use the device in an office
    environment due to the absence of hazardous emissions
  little or no post-processing
  ease of use
  the need for relatively little system set
    up
  the availability of a variety of plastic
    materials
  modeling in product-grade plastics for functional
    testing
  no need for costly replacement lasers and laser
    parts
  Our
  systems can also run virtually unattended, producing models while designers
  perform other tasks.
  The process
  involved in the development of a 3D model using our Fortus 3D Production Systems
  begins with the creation of a 3D geometric design on a CAD workstation. The
  design is then imported into our proprietary software program, which
  mathematically slices the CAD design into horizontal layers that are
  automatically downloaded into the system. A spool of thin thermoplastic modeling
  material feeds into a moving FDM extrusion head, which heats the material to a
  semi-liquid state. This semi-liquid material is extruded and deposited, one
  ultra-thin layer at a time, on a base (the "X-Y Stage") in a
  thermally-controlled modeling chamber. As the material is directed into place by
  the computer-controlled head, layer upon layer, the material solidifies,
  creating a precise and strong model.
  Based upon
  data and estimates furnished in the 2009 Wohlers Report, through 2008 we shipped
  approximately 35% of all RP systems since the industry's inception in 1987, an
  improvement over the 24% we realized through 2002. The 2009 Wohlers Report also
  states that we shipped 43% of all RP systems globally in 2008 and 50% of all 3D
  printers shipped globally in 2008.
  We were incorporated in Delaware on
  August 8, 1989. Our executive offices are located at 7665
  Commerce Way, Eden Prairie, Minnesota 55344-2080, and our
  telephone number is (952) 937-3000. Our website is www.stratasys.com. The
  information on our website does not constitute part of this prospectus.
  RISK FACTORS
  The Risk
  Factors set forth in our Annual Report on Form 10-K for the year ended December
  31, 2008 are hereby incorporated into this prospectus.
  USE OF PROCEEDS
  We will not
  receive any of the proceeds from the sale of the shares offered by this
  prospectus. However, we expect to use the proceeds from the exercise of options
  for working capital and other general corporate purposes.
  3
  SELLING STOCKHOLDERS
  The shares
  offered by this prospectus are being registered for reoffers and resales by the
  selling stockholders, who have acquired or may acquire such shares pursuant to
  grants of restricted stock, issuances of common stock in satisfaction of stock
  appreciation rights or other grants or the exercise of options. The selling
  stockholders named below, together with other persons who may become control
  persons by becoming directors or executive officers, may resell all, a portion
  or none of such shares from time to time.
  The table
  below sets forth, with respect to each selling stockholder, based upon
  information available to us as of October 15, 2009, the number of shares of
  common stock beneficially owned before and after the sale of the shares offered
  by this prospectus; the number of shares to be sold; and the percent of the
  outstanding shares of common stock owned before and after the sale of the common
  stock offered by this prospectus.
  Percentage
        of
  Number
        of
  Percentage
        of
  Number of
        Shares
  Shares
        Owned
  Number of
        Shares
  Shares
        Owned
  Shares
        Owned
  Selling Stockholders
  Owned Before
        Sale
  (1)
  Before Sale
  (2)
  to be Sold
  (3)
  After Sale
  After Sale
  S. Scott Crump
  (Chairman, Chief Executive
  Officer, President and
  Treasurer)
  772,580
  (4)
  3.78%
  222,000
  550,580
  2.69%
  Thomas W.
        Stenoien
  (Chief Operating
        Officer)
  156,040
  (5)
  *
  142,000
  14,040
  *
  Robert F. Gallagher
  (Chief Financial Officer)
  132,000
  (6)
  *
  122,000
  10,000
  *
  Ralph E.
        Crump
  (Director)
  711,960
  (7)
  3.50%
  122,000
  589,960
  2.90%
  Edward J. Fierko
  (Director)
  222,400
  (8)
  1.09%
  122,000
  100,400
  *
  John J.
        McEleney
  (Director)
  42,000
  (9)
  *
  42,000
  0
  *
  Clifford H. Schwieter
  (Director)
  75,440
  (10)
  *
  74,578
  862
  *
  Gregory L.
        Wilson
  (Director)
  222,000
  (11)
  1.09%
  122,000
  100,000
  *
  *
  Represents less than 1%
        of the issued and outstanding common stock.
  (1)
  Unless otherwise
        indicated, we believe that all persons named in the table have sole voting
        and investment power with respect to all shares of common stock
        beneficially owned by them. For purposes of this table, a person is deemed
        to be the beneficial owner of all common stock that he has the right to
        acquire, regardless of whether such right is presently exercisable. Each
        beneficial owner's percentage ownership is determined by assuming that
        rights to acquire shares of common stock that are held by such person (but
        not those held by any other person) have been exercised.
  (2)
  Based on 20,237,872
        shares of common stock outstanding as of October 15, 2009.
  (3)
  Does not represent
        shares that may be acquired pursuant to the grants of restricted stock,
        issuances of common stock in satisfaction of other grants, or exercise of
        options to be granted under the Plans and subsequently sold pursuant to
        this prospectus.
  (4)
  Includes 174,800 shares
        issuable upon the exercise of presently exercisable stock options. Also
        includes 47,200 shares issuable upon the exercise of stock options that
        are not presently exercisable. Also includes 192,700 shares owned of
        record by Mr. Crump's wife. Mr. Crump disclaims beneficial ownership of
        the shares owned by his wife. In addition, Mr. Crump disclaims beneficial
        ownership of 324,980 shares owned of record and 82,800 shares issuable
        upon the exercise of presently exercisable stock options held by Ralph E.
        Crump, Mr. Crump's father, and 264,980 shares owned of record by Mr.
        Crump's mother.
  4
  (5)
  Includes 98,800 shares
        issuable upon the exercise of presently exercisable stock options. Also
        includes 43,200 shares issuable upon the exercise of stock options that
        are not presently exercisable
  (6)
  Includes 82,800 shares
        issuable upon the exercise of presently exercisable stock options. Also
        includes 39,200 shares issuable upon the exercise of stock options that
        are not presently exercisable.
  (7)
  Includes 82,800 shares
        issuable upon the exercise of presently exercisable stock options. Also
        includes 39,200 shares issuable upon the exercise of stock options that
        are not presently exercisable. Also includes 264,980 shares owned of
        record by Mr. Crump's wife. Mr. Crump disclaims beneficial ownership of
        all shares owned by his wife. In addition, Mr. Crump disclaims beneficial
        ownership of 357,880 shares owned of record and 174,800 shares issuable
        upon the exercise of presently exercisable stock options held by S.
  Scott Crump, and 192,700 shares owned of record by Mr.
        Crump's daughter-in-law.
  (8)
  Includes 82,800 shares
        issuable upon the exercise of presently exercisable stock options. Also
        includes 39,200 shares issuable upon the exercise of stock options that
        are not presently exercisable.
  (9)
  Represents 2,800 shares
        issuable upon the exercise of presently exercisable stock options. Also
        includes 39,200 shares issuable upon the exercise of stock options that
        are not presently exercisable.
  (10)
  Includes 35,378 shares
        issuable upon the exercise of presently exercisable stock options. Also
        includes 39,200 shares issuable upon the exercise of stock options that
        are not presently exercisable.
  (11)
  Includes 82,800 shares
        issuable upon the exercise of presently exercisable stock options. Also
        includes 39,200 shares issuable upon the exercise of stock options that
        are not presently exercisable.
  PLAN OF DISTRIBUTION
  The shares
  may be sold or transferred for value by the selling stockholders, or by
  pledgees, donees, transferees or other successors in interest to the selling
  stockholders, in one or more transactions on the Nasdaq Global Select Market, in
  negotiated transactions or in a combination of such methods of sale, at market
  prices prevailing at the time of sale, at prices related to such prevailing
  market prices or at prices otherwise negotiated. The selling stockholders may
  effect such transactions by selling the shares to or through broker-dealers, and
  such broker-dealers may receive compensation in the form of underwriting
  discounts, concessions or commissions from the selling stockholders and/or the
  purchasers of the shares for whom such broker-dealers may act as agent (which
  compensation may be less than or in excess of customary commissions). The
  selling stockholders, and any broker-dealers that participate in the
  distribution of the shares, may be deemed to be "underwriters" within the
  meaning of Section 2(11) of the Securities Act, and any commissions received by
  them and any profit on the resale of the shares sold by them may be deemed to be
  underwriting discounts and commissions under the Securities Act. All selling and
  other expenses incurred by individual selling stockholders will be borne by such
  selling stockholders.
  Upon our
  being notified by a selling stockholder that any material arrangement has been
  entered into with a broker or dealer for the sale of shares through a secondary
  distribution, or a purchase by a broker or dealer, we will file a prospectus
  supplement, if required, pursuant to Rule 424(b) under the Securities Act,
  disclosing (a) the name of each of such selling stockholder and the
  participating broker-dealers, (b) the number of shares involved, (c) the price
  at which such shares are being sold, (d) the commissions paid or the discounts
  or concessions allowed to such broker-dealers, (e) where applicable, that such
  broker-dealers did not conduct any investigation to verify the information set
  out or incorporated by reference in the prospectus, as supplemented, and (f)
  other facts material to the transaction.
  In addition
  to any such number of shares sold hereunder, a selling stockholder may, at the
  same time, sell any shares of common stock, including the shares offered by this
  prospectus, owned by such person in compliance with all of the requirements of
  Rule 144 under the Securities Act, regardless of whether such shares are covered
  by this prospectus.
  5
  There is no
  assurance that any of the selling stockholders will sell any or all of the
  shares offered by this prospectus.
  We will pay
  all expenses in connection with this offering, other than commissions and
  discounts of underwriters, dealers or agents.
  LEGAL MATTERS
  The validity
  of the shares of common stock offered by this prospectus has been passed upon
  for Stratasys by Snow Becker Krauss P.C., 605 Third Avenue, New York, New York
  10158.
  EXPERTS
  The
  consolidated financial statements as of and for the year ended December 31, 2006
  incorporated into this prospectus by reference have been audited by Rothstein,
  Kass and Company, P.C., Independent Registered Public Accounting Firm, as
  indicated in their reports with respect thereto, and are included herein in
  reliance on the authority of that firm as experts in accounting and auditing in
  providing their report.
  The
  consolidated financial statements and schedule as of and for the years ended
  December 31, 2007 and 2008 and management's assessment of the effectiveness of internal
  control over financial reporting as of December 31, 2008 incorporated by reference in this prospectus and
  elsewhere in the registration statement have been so incorporated by reference
  in reliance upon the report of Grant Thornton LLP, Independent Registered Public
  Accounting Firm, upon the authority of said firm as experts in giving said
  reports.
  SEC POSITION ON INDEMNIFICATION FOR
  SECURITIES ACT LIABILITIES
  Insofar as
  indemnification for liabilities arising under the Securities Act may be
  permitted to directors, officers or persons controlling the company pursuant to
  the provisions of our certificate of incorporation or by-laws or other
  indemnification agreements to which we may be a party, we have been informed
  that in the opinion of the Securities and Exchange Commission such
  indemnification is against public policy as expressed in the Securities Act and
  is therefore unenforceable.
  6
  PART II
  INFORMATION REQUIRED IN THE
  REGISTRATION STATEMENT
  ITEM 3. INCORPORATION OF DOCUMENTS BY
  REFERENCE
  We
  incorporate by reference the following documents filed with the Securities and
  Exchange Commission (the "SEC") pursuant to the Securities Exchange Act of 1934,
  as amended (the "Exchange Act"):
  (a)
  Our Annual Report on
        Form 10-K for the fiscal year ended December 31, 2008.
  (b)
  Our Quarterly Report on
        Form 10-Q for the quarter ended March 31, 2009.
  (c)
  Our Quarterly Report on
        Form 10-Q for the quarter ended June 30, 2009.
  (d)
  Our Current Report on
        Form 8-K dated March 24, 2009, filed March 24, 2009.
  (e)
  Our Current Report on
        Form 8-K dated April 29, 2009, filed April 30, 2009.
  (f)
  Our Current Report on
        Form 8-K dated July 29, 2009, filed July 29, 2009.
  (g)
  Our Current Report
        on Form 8-K dated October 29, 2009, filed November 3, 2009.
  (h)
  Our definitive Proxy
        Statement on Schedule 14A, filed April 1, 2009.
  (i)
  The description of the
        common stock contained in our Registration Statement on Form 8-A filed
        pursuant to Section 12(g) of the Exchange Act, including any amendment or
        report filed for the purpose of updating such
    information.
  All
  documents we file after the date of this Registration Statement pursuant to
  Sections 13(a), 13(c), 14, and 15(d) of the Exchange Act after the date hereof,
  and prior to filing of a post-effective amendment that indicates that all the
  securities offered hereby have been sold or that deregisters the securities
  offered hereby then remaining unsold, shall also be deemed incorporated by
  reference into this Registration Statement and to be a part hereof from the date
  of filing of such documents.
  ITEM 6. INDEMNIFICATION OF DIRECTORS
  AND OFFICERS
  Section 145
  of the Delaware General Corporation Law (the "DGCL") permits indemnification of
  officers, directors, employees and agents of corporations for liabilities
  arising under the Securities Act.
  Article 11
  of our Certificate of Incorporation provides for the indemnification of officers
  and directors, employees and agents of the Registrant to the fullest extent
  allowed by the DGCL. In addition, our By-Laws contain the indemnification
  provisions summarized below:
  Article VI
  of our By-Laws provides that we will indemnify our directors and officers
  against all costs, charges, expenses (including attorneys' fees), liabilities
  and losses, judgments, fines and amounts paid in settlement in connection with
  specified actions, suits or proceedings, whether civil, criminal, administrative
  or investigative, and regardless of whether such actions, suits or proceedings
  are by or in the right of the Registrant ("derivative actions"), if they acted
  in good faith and in a manner they reasonably believed to be in or not opposed
  to the best interests of the corporation, and, with respect to any criminal
  action or proceeding, had no reasonable cause to believe their conduct was
  unlawful. However, in the case of derivative actions, no indemnification shall
  be made in respect of any claim, issue or matter as to which directors or
  officers shall have been adjudged to be liable to the Registrant, unless and
  only to the extent that the Court of Chancery of Delaware or the court in which
  such action or suit was brought shall determine upon application that, despite
  the adjudication of such liability but in view of all the circumstances of the
  case, such person is fairly and reasonably entitled to indemnity for such costs,
  charges and expenses which the Court of Chancery or other such court shall deem
  proper.
  II-1
  Article VI
  of our By-Laws further provides that we will indemnify only as authorized in the
  specific case upon a determination that indemnification is proper in the
  circumstances because the indemnified person has met the applicable standard of
  conduct specified above. Such determination shall be made (1) by the Board of
  Directors by a majority vote of a quorum consisting of directors who where not
  parties to such action, suit or proceeding, or (2) if such a quorum is not
  obtainable, or, even if obtainable a quorum of disinterested directors so
  directs, by independent legal counsel (who may not be the regular counsel of the
  Registrant) in a written opinion, or (3) by the stockholders.
  Article VI
  of our By-Laws further provides that directors and officers are entitled to be
  paid by us the costs, charges and expenses incurred in defending the proceedings
  specified above in advance of their final disposition, provided that such
  payment will only be made upon delivery to us by the indemnified party of an
  undertaking to repay all amounts so advanced if it is ultimately determined that
  the person receiving such payments is not entitled to be indemnified.
  Article VI
  of our By-Laws further provides a procedure for indemnification. Indemnification
  must be made promptly, within thirty (30) days, upon the written request of the
  indemnified person, and the right to indemnification or advances shall be
  enforceable by the indemnified person in any court of competent jurisdiction, if
  the Registrant denies such request, in whole or in part, or if no disposition
  thereof is made with such thirty (30) day period. Moreover, such person's costs
  and expenses actually and reasonably incurred in connection with successfully
  establishing his or her right to indemnification, in whole or in part, in any
  such action shall also be indemnified by the corporation. The Registrant has a
  defense to any such action that the claimant has not met the applicable standard
  of conduct specified above, but the burden of proving such defense shall be on
  the Registrant.
  Article VI
  of our By-Laws further provides that the right to indemnification and the
  payment of expenses incurred in defending a proceeding in advance of its final
  disposition conferred in the By-Laws will not be exclusive of any other right
  which any person may have or acquire under our Certificate of Incorporation,
  By-Laws, or any statute or agreement, or otherwise.
  Finally,
  Article VI of our By-Laws further provides we may, to the extent authorized from
  time to time by our Board of Directors in its discretion, indemnify and advance
  expenses to any of our employees or agents to the same extent permitted under
  Article VI with respect to its directors and officers.
  ITEM 8. EXHIBITS
  EXHIBIT
  NO.
  DESCRIPTION
  4.1
  Stratasys, Inc. Second
        Amended and Restated 1994-2 Stock Option Plan.
  (1)
  4.2
  Stratasys, Inc. 1998 Incentive Stock Option
        Plan.
  (2)
  4.3
  Stratasys, Inc. 2000 Incentive Stock Option
        Plan.
  (3)
  4.4
  Stratasys, Inc. 2002 Long-Term Performance and Incentive
        Plan.
  (4)
  4.5
  Stratasys, Inc. 2008 Long-Term Performance and Incentive
        Plan.
  (5)
  5.1
  Opinion of Snow Becker Krauss P.C.
  23.1
  Consent of Snow Becker Krauss P.C. (included in Exhibit 5.1
        hereto)
  23.2
  Consent of Grant Thornton LLP.
  23.3
  Consent of Rothstein, Kass & Company, P.C.
  24.1
  Power of attorney of certain directors and officers of the
        Registrant.
  (1)
  Incorporated by reference from our
        definitive Proxy Statement on Schedule 14A with respect to the
        Registrant's 1997 Annual Meeting of Stockholders.
  (2)
  Incorporated
        by reference from our definitive Proxy Statement on Schedule 14A with
        respect to the Registrant's 1998 Annual Meeting of
    Stockholders.
  (3)
  Incorporated
        by reference from our Registration Statement on Form S-8 (File No.
        333-32782) filed March 17, 2000.
  (4)
  Incorporated
        by reference from our definitive Proxy Statement on Schedule 14A with
        respect to the Registrant's 2002 Annual Meeting of
    Stockholders.
  (5)
  Incorporated by reference from our
        definitive Proxy Statement on Schedule 14A with respect to the
        Registrant's 2008 Annual Meeting of
  Stockholders.
  II-2
  ITEM 9. UNDERTAKINGS
  A.
  The
        undersigned Registrant hereby undertakes:
  (1)
  To file,
        during any period in which offers or sales are being made, a
        post-effective amendment to this Registration Statement:
  (i)
  To include any
        prospectus required by Section 10(a)(3) of the Securities
  Act;
  (ii)
  To reflect in the
        prospectus any facts or events arising after the effective date of this
        Registration Statement (or the most recent post-effective amendment
        thereof) which, individually or in the aggregate, represent a fundamental
        change in the information set forth in this Registration Statement.
        Notwithstanding the foregoing, any increase or decrease in volume of
        securities offered (if the total dollar value of securities offered would
        not exceed that which was registered) and any deviation from the low or
        high end of the estimated maximum offering range may be reflected in the
        form of prospectus filed with the Commission pursuant to Rule 424(b) if,
        in the aggregate, the changes in volume and price represent no more than a
        20 percent change in the maximum aggregate offering price set forth in the
        "Calculation of Registration Fee" table in the effective Registration
        Statement; and
  (iii)
  To include any
        material information with respect to the plan of distribution not
        previously disclosed in this Registration Statement or any material change
        to such information in this Registration Statement;
  provided
  ,
  however
  , that paragraphs (a)(1)(i)
        and (a)(1)(ii) above do not apply if the information required to be
        included by those paragraphs is contained in reports filed with or
        furnished to the Securities and Exchange Commission by the Registrant
        pursuant to Section 13 or Section 15(d) of the Exchange Act that are
        incorporated by reference in this Registration
    Statement.
  (2)
  That, for
        the purpose of determining any liability under the Securities Act, each
        such post-effective amendment shall be deemed to be a new registration
        statement relating to the securities offered therein, and the offering of
        such securities at that time shall be deemed to be the initial
  bona fide
  offering
        thereof.
  (3)
  To remove
        from registration by means of a post-effective amendment any of the
        securities being registered which remain unsold at the termination of the
        offering.
  B.
  The
        undersigned Registrant hereby undertakes that, for purposes of determining
        any liability under the Securities Act, each filing of the Registrant's
        annual report pursuant to Section 13(a) or 15(d) of the Exchange Act (and,
        where applicable, each filing of an employee benefit plan's annual report
        pursuant to Section 15(d) of the Exchange Act) that is incorporated by
        reference in this Registration Statement shall be deemed to be a new
        registration statement relating to the securities offered therein, and the
        offering of such securities at that time shall be deemed to be the initial
  bona fide
  offering thereof.
  C.
  Insofar as
        indemnification for liabilities arising under the Securities Act may be
        permitted to directors, officers and controlling persons of the Registrant
        pursuant to the foregoing provisions, or otherwise, the Registrant has
        been advised that, in the opinion of the Securities and Exchange
        Commission, such indemnification is against public policy as expressed in
        the Securities Act and is, therefore, unenforceable. In the event that a
        claim for indemnification against such liabilities (other than the payment
        by the Registrant of expenses incurred or paid by a director, officer or
        controlling person of the Registrant in the successful defense of any
        action, suit or proceeding) is asserted by such director, officer or
        controlling person in connection with the securities being registered, the
        Registrant will, unless in the opinion of its counsel the matter has been
        settled by controlling precedent, submit to a court of appropriate
        jurisdiction the question whether such indemnification by it is against
        public policy as expressed in the Securities Act and will be governed by
        the final adjudication of such issue.
  II-3
  SIGNATURES
  Pursuant to
  the requirements of the Securities Act of 1933, the Registrant certifies that it
  has reasonable grounds to believe that it meets all of the requirements for
  filing on Form S-8 and has duly caused this registration statement to be signed
  on its behalf by the undersigned, thereunto duly authorized, in the City of Eden
  Prairie, State of Minnesota, on October 30, 2009.
  STRATASYS, INC.
  By:
  /s/ S. S
  COTT
  C
  RUMP
  S.
        Scott Crump
  Chief
        Executive Officer and
  Chairman of the Board
  Pursuant to
  the requirements of the Securities Act of 1933, this registration statement has
  been signed by the following persons in the capacities and on the date
  indicated.
  /s/
  S. S
  COTT
  C
  RUMP
  Chairman of the Board of Directors,
  October 30, 2009
  S. Scott Crump
  President, Chief Executive
      Officer
  (Principal Executive Officer)
  /s/
  R
  OBERT
  F. G
  ALLAGHER
  Chief Financial Officer (Principal
  October 30, 2009
  Robert F. Gallagher
  Financial and Accounting Officer)
  /s/
  R
  ALPH
  E. C
  RUMP
  *
  Director
  October 30, 2009
  Ralph E. Crump
  /s/
  E
  DWARD
  J. F
  IERKO
  *
  Director
  October 30, 2009
  Edward J. Fierko
  /s/
  J
  OHN
  J. M
  C
  E
  LENEY
  *
  Director
  October 30, 2009
  John J. McEleney
  /s/
  C
  LIFFORD
  H. S
  CHWIETER
  *
  Director
  October 30, 2009
  Clifford H. Schwieter
  /s/
  G
  REGORY
  L. W
  ILSON
  *
  Director
  October 30, 2009
  Gregory L. Wilson
  *By:
  /s/
  S. SCOTT CRUMP
  S. Scott
        Crump
  Attorney-in-fact