Brand Ambassadors to Receive IdeaWerk 3D Printers

FT. LAUDERDALE, Fla. — (BUSINESS WIRE) — March 13, 2014 — Puget Technologies (OTCBB: PUGE) announced the selection of the first group of brand ambassadors and plans to ship the IdeaWerk high performance 3D printers to the members of the group as part of a program designed to solicit user experience and feature development feedback.

The Weistek USA Brand Ambassador Program selected enthusiasts from the core segment of the “maker culture” who will not only embrace the ambassador representation, but also share their unique insights, designs and creative insights. The program was established to provide “maker to manufacturer” feedback in preparation of the printer’s North American release.

“We welcome our Brand Ambassadors and look forward to their feedback as we make preparations for the domestic rollout of the IdeaWerk 3D high performance printer,” said Ron Leyland, President and CEO of Puget Technologies. He added, “Puget strongly supports the vibrant sharing and exchange of ideas that is taking place within the 3D community. We encourage the growth of these networks as the industry expands, with the ambassador program evolving within these channels.”

Weistek USA, a Puget subsidiary, is working in collaboration with Shenzhen Weistek to expand the distribution and support of the product line in the domestic US to take advantage of the tenfold growth of 3D printer shipments in the period between now and 2017 as estimated as by the hardware analysts at International Data Corporation (IDC), a leading provider of market intelligence. This surge comes as 3D printers and related technology, once the domain of hackers and engineers, become household commodities. Additionally, IDC cites the move by HP (NYSE: HPQ) and Konica Minolta (NASDAQ: KNCAY) to enter the 3D printing market, along with mid-level players such as Makerbot, as an indicator of industry expansion.

About Puget Technologies (PUGE)

Puget Technologies is a publicly traded company on the OTCBB Market stock exchange under the ticker symbol PUGE. Headquartered in Ft. Lauderdale, Florida, Puget Technologies acquires, develops and sells leading edge consumer oriented products ready for rapid commercialization. Much of its resources are dedicated to research and development in order to provide consumers with quality options while meeting the expectations of its investors.

Puget Technologies provides more information on its business segments at http://www.pugettechinc.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipates," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release only speaks as of the date of its distribution.



Contact:

Puget Technologies
Ron Leyland, 954-332-2471
President and CEO




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