Sigma Labs to Operate as Sigma Additive Solutions

SANTA FE, NM /May 17, 2022 — Sigma Labs, Inc. announced that it will begin doing business under the name “Sigma Additive Solutions”, reflecting the evolution of the Company from its origins as a laboratory engaged in research and development of 3D metal printing technology – into a solutions provider.

In conjunction with the change, the company’s common stock will begin trading on the Nasdaq Capital Market (NASDAQ) under the new ticker symbol SASI, effective at the open of market trading on May 19, 2022. No action is required from Sigma’s stockholders and the CUSIP number for the common stock will remain unchanged. The company has also changed its corporate web address to www.sigmaadditive.com.

Jacob Brunsberg, President and CEO of Sigma, stated, “Our company’s decision to operate as Sigma Additive Solutions is an acknowledgement of the progress the Sigma team has made in creating the quality standard in additive manufacturing. For some time, we have been working with customers, OEMs and standards organizations to remove the quality barrier through advanced meltpool monitoring and analytics. We intend to significantly impact the entire AM quality continuum with scalable solutions that improve machine, process and part quality. We are also pleased that our ticker symbol will be aligned with our brand and our vision.”

Continued Mr. Brunsberg, “Sigma Additive Solutions clearly conveys the way we are addressing three major market imperatives. First, the emergence of AM standards across materials, platforms and processes; second, the way industry vendors, across the AM quality continuum – including point solutions and OEMs – are collaborating to open their systems; and third, Sigma’s initiatives to lower our customers’ barriers to entry, including a subscription pricing option, software-only model, and focus on embedded OEM functionality.”