SANTA FE, N.M. – September 17, 2015 – 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 (“AM”) and other advanced manufacturing technologies, today announced that it has launched an “OEM Partner Program” to expedite the trial and incorporation of the Company’s PrintRite3D® quality assurance software into AM machines worldwide.
Working closely with Original Equipment Manufacturers (OEMs) remains an important element of Sigma Labs’ growth strategy, with the goal of having the Company’s software embedded in machines before they are sold to end users. The OEM Partner Program includes pricing incentives for bundled software, training, and marketing support; participating companies will be able to provide third party, independent quality assurance via Sigma Labs’ complete suite of PrintRite3D® software modules – INSPECT™, DEFORM™ and ANALYTICS™ – to their customers when machines are purchased. The Company is already in active discussions with several OEMs regarding such partnership opportunities.
“This OEM Partner Program, like our Early Adopter Program, is designed specifically to expedite trial and usage of our PrintRite3D® software for in process quality assurance during 3D printing,” said Mark Cola, President and CEO of Sigma Labs. “Working directly with OEMs will increase the adoption of our systems and provide important feedback for application development in real-world scenarios. We look forward to partnering with some of the globe’s AM machine and software technology leaders to advance an understanding of our software and broaden awareness of the Company in general. We expect to have a number of manufacturers licensing our systems for deployment in the very near future.”
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 www.sigmalabsinc.com.
Forward-Looking Statements
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.” These forward-looking statements are subject to a number of risks, uncertainties and assumptions that could adversely affect us, including the risks set forth in Sigma’s 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. Sigma undertakes no obligation to update any of these forward-looking statements, whether as a result of new information, future events or otherwise.
Investor Relations Contact:
Chris Witty
cwitty@darrowir.com
646-438-9385
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