Sigma Labs (NASDAQ: SGLB), a leading developer of quality
assurance software for the commercial 3D printing industry, today announced
that it has entered into a binding joint sales agreement with Materialise NV
(NASDAQ: MTLS), a leading provider of additive manufacturing software and of
sophisticated 3D printing services. Per the update, the companies have agreed
to advance the previously announced memorandum of understanding (“MOU”) to work
together to integrate the Materialise Control Platform (“MCP”) product with
Sigma Labs’ PrintRite3D(R) technology. Through the joint sales agreement, the
companies have agreed to carry out beta customer commercialization of the
integrated PrintRite3D(R) and Materialise MCP Controller to offer a unique
product solution for retrofit of existing machines, OEM machine integration and
closed loop control. “Growing our partnership with Materialise is a significant
milestone for Sigma Labs as we expand our footprint in the market and add
momentum to our quest to broaden industry access to our groundbreaking
PrintRite3D(R) software,” Sigma Labs executive chairman Mark K. Ruport stated
in the news release. “The alignment is a natural step for both companies, as
Materialise has a strong presence in the additive manufacturing market and a
reputation for quality products. Commercializing and jointly selling this
integrated solution will benefit both companies as well as advance the forward
momentum of innovation in the 3D manufacturing industry.”
To view the full press release, visit http://ibn.fm/2fydf
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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