Sigma Labs (NASDAQ: SGLB), a leading developer of quality
assurance software for the commercial 3D printing industry, today announced
that it has been awarded a contract by the Mississippi State University Center
for Advanced Vehicular Systems (“CAVS”), a world-class interdisciplinary
research center that uses state-of-the-art technology to address engineering
challenges facing U.S. mobility industries. Per the update, CAVS will install
PrinteRite3D on a Renishaw AM400 machine, a new OEM platform for Sigma Labs,
further proving the interoperability potential of PrintRite3D’s platform to an
increasingly large machine base. Under the agreement, in addition to any
PrintRite3D(R) research or commercial applications, CAVS has agreed to serve as
a real-world test bed for new product improvements that Sigma will deploy over
time. “The Research & Development and University sectors of the additive
manufacturing (“AM”) market is important to Sigma as we expand our footprint in
the retail market segment with another contract win with the Mississippi State
University Center for Advanced Vehicular Systems, a leading research
institution and thought leader,” Sigma Labs Executive Chairman Mark K. Ruport
said in the news release. “They have agreed to act as a test bed for new
product improvements to PrintRite3D(R), uniquely allowing us a real-world
feedback loop to continuously improve our technology suite. I look forward to
working with the entire team at CAVS to bring a new level of quality assurance
to both their partners and the additive manufacturing industry as a whole.”
To view the full press release, visit http://ibn.fm/jFSBq
About Sigma Labs
Sigma Labs, Inc. (NASDAQ: SGLB) is a leading provider of
quality assurance software to the commercial 3D printing industry under the
PrintRite3D(R) brand. Founded in 2010, Sigma is a software company that
specializes in the development and commercialization of real-time computer
aided inspection (“CAI”) solutions known as PrintRite3D(R) for 3D advanced
manufacturing technologies. Sigma Labs’ advanced computer-aided software
product revolutionizes commercial additive manufacturing, enabling
non-destructive quality assurance mid-production, uniquely allowing errors to
be corrected in real-time. For more information, please visit www.SigmaLabsInc.com.
NOTE TO INVESTORS: The latest news and updates
relating to SGLB are available in the company’s newsroom at http://ibn.fm/SGLB
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