First in a Series of Commercial Product RolloutsSANTA FE, N.M., Sept. 8, 2014 — (PRNewswire) — Sigma Labs, Inc. (OTCQB: SGLB) ("Sigma Labs" or the "Company"), a developer of advanced, in process, non-destructive quality inspection systems for metal-based additive manufacturing and other advanced manufacturing technologies, today announced the formal release of its PrintRite3D® INSPECT™ quality assurance software. The Company is now actively speaking with potential users for this unique software application.
"This is the first in a series of product releases planned for 2014 and 2015 that will provide exceptional levels of quality assurance to the 3D printing industry – particularly for critical, high-tolerance metal parts required in the aerospace & defense and biomedical fields," said Mark Cola, President and Chief Executive Officer of Sigma Labs. "We are proud to offer this product as a stand-alone, platform-independent module that can immediately add value to any 3D printing platform, and we are also having discussions with several 3D equipment and software OEMs to achieve additional levels of integration in the future. In particular, we are working with Materialise NV on a client/server version of our software. The Company's PrintRite3D® DEFORM™ software, which is a geometric in-process inspection tool, is still under development and expected to be released in early 2015.
"With this important product launch we are meeting the needs of our customers and completing Sigma's transition from a services-based company to a product-based one. It is another important step in our evolution and establishes our position as an industry solutions provider."
Additional information on these product launches will be available during the Company's upcoming investor webcast on September 11 at 1pm Eastern. The product description for PrintRite3D® INSPECT™ is also available on Sigma Labs' website at www.sigmalabsinc.com.
About Sigma Labs, Inc.
Sigma Labs, Inc., through its wholly-owned subsidiary B6 Sigma, Inc., develops and engineers advanced, in-process, non-destructive quality inspection systems for commercial firms worldwide seeking productive solutions for metal-based additive manufacturing or 3D printing, and other advanced manufacturing technologies. For more information please visit us at www.sigmalabsinc.com.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements often contain words such as "expects," "anticipates," "intends," "believes" or "will." Our forward-looking statements are subject to a number of risks, uncertainties and assumptions that could adversely affect us, including the risks set forth in our most recent annual report on Form 10-K. The forward-looking statements in this press release are made only as of the date of this press release. We undertake no obligation to update our forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE Sigma Labs, Inc.
|Sigma Labs, Inc.
Email Contact 646-438-9385