Sigma Labs (NASDAQ: SGLB), a leading developer of quality
assurance software for the additive manufacturing industry, on Thursday
reported its financial and operational results for the first quarter ended
March 31, 2020. Among the highlights, the company announced several key
contract wins to further validate its technology. “The first quarter of 2020,
even amongst the various COVID-19 related headwinds, positioned us for an
exciting year in the commercialization of PrintRite3D,” Sigma Labs president
and chief executive officer Mark K. Ruport stated in the news release.
“Although we had some short-term impact on our business in March, we are
cautiously optimistic that the momentum in the market and the increased demand
for more agility in manufacturing supply chains will accelerate the growth of
3D metal printing and open up an even larger opportunity and demand for our
technology. We have a well-refined product, ready for use in immediate
production and validated by tier-1 partners globally.”
To view the full press release, visit http://ibn.fm/k1oZI
About Sigma Labs Inc.
Sigma Labs is a leading provider of quality-assurance software
to the commercial 3D-metal-printing industry under the PrintRite3D(R) brand.
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. Sigma Labs’
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,
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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