- Sigma
Labs, Materialise joint sales agreement calls for product
commercialization
- Earlier
MOU outlined integration of Materialise MCP Controller, SGLB
PrintRite3D(R) technology
- Exclusive
product expected to lower additive manufacturing costs, improve yield and
profit margin, lead to closed loop control
Sigma Labs Inc. (NASDAQ: SGLB), the only provider of
in-process, quality-assurance software to the commercial 3D-metal- printing
industry, has entered into a joint sales agreement with Materialise, a leading
provider of additive manufacturing software and sophisticated 3D-printing
services (http://ibn.fm/VwQX1).
An earlier memorandum of understanding provided a framework
for the two companies to cooperate on the integration of the widely used
Materialise MCP Controller with Sigma Labs’ PrintRite3D(R) technology, together
creating an integrated PrintRite3D and Materialise Control Platform (MCP)
product. The companies have now achieved integration and will begin offering a
unique product solution for retrofit of existing machines, OEM machine
integration and closed loop control. Commercialization of the 3D printing
industry’s first in-process quality control software is expected to commence
immediately.
“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 software,” SGLB Executive Chairman Mark K. Ruport stated in a
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.”
SGLB scientists, engineers and software developers developed
proprietary hardware and software technology that uses thermal readings to
detect and predict anomalies during the 3D-printing process. This technology,
incorporated in Sigma Labs’ PrintRite3D software, features real-time
monitoring, analysis, feedback and control that delivers impressive results.
When utilizing the software, end users can lower their
additive manufacturing costs and improve yield and profit margin. The MCP is an
embedded hardware and software solution that addresses the growing need for
broader and more straightforward control over the additive manufacturing
process by giving full control to the end-user.
Materialise brings together three decades of 3D-printing
experience into a range of software solutions and 3D-printing services, which
together form the backbone of the 3D-printing industry. Materialise’s open and
flexible solutions enable players in a variety of industries, including
healthcare, automotive, aerospace, art and design, and consumer goods, to build
innovative 3D-printing applications designed to make the world a better and
healthier place. Headquartered in Belgium with branches worldwide, Materialise
combines the largest group of software developers in the industry with one of
the largest 3D-printing facilities in the world.
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 for 3D-advanced
manufacturing technologies. SGLB’s advanced, computer-aided software product
revolutionizes commercial additive manufacturing, enabling nondestructive
quality assurance mid-production, uniquely allowing errors to be corrected in
real time.
For more information about Sigma Labs, 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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