Sigma Labs Announces Launch of PrintRite3D® INSPECT™ Software v1.3.2 and Upcoming Industry Events

SANTA FE, N.M., Aug. 24, 2016 -- Sigma Labs, Inc. (OTCQB:SGLB) (“Sigma Labs” or the “Company”), a provider of quality assurance software under the PrintRite3D® brand, today announced that it has launched PrintRite3D® INSPECT™ software v1.3.2, the next-generation of its In-Process Quality Assurance™ (IPQA®) software for Additive Manufacturing (“AM”). The latest version of INSPECT™ provides an enhanced user experience that incorporates feedback from Sigma Labs’ Early Adopter Program customers – resulting in the addition of alloy-specific temperature correction algorithms, improved reporting, and enhanced graphics both layer-by-layer and part-by-part.

“I’m excited to announce the latest generation of our PrintRite3D® INSPECT™ software, which incorporates input from our Early Adopter Program,” said Mark Cola, President and CEO of Sigma Labs. “Our software is web-based and designed to reside in the Cloud of the Industrial Internet of Things (‘IIoT’), enabling customers to assure product quality layer-by-layer and part-by-part on a real-time basis while providing for statistical process control. The software can harvest, aggregate, and analyze 'Big Data' from in-process results as well as post-process, which ultimately allows our customers to achieve rapid process qualification and part certification. We believe that our latest software will help manufacturing companies speed their adoption of AM and expand 3D printing commercialization.” 

Sigma Labs also announced that it would participate in the following two industry events during August and September:

• The American Welding Society’s Lasers Conference, August 29-30 (San Francisco); additional information can be found at http://www.aws.org/events/detail/laser-conference   
• The Smartindustry 2016 Exhibition, September 26-28 (Chicago); additional information can be found at http://event.smartindustry.com/speakers/mark-cola/

About Sigma Labs, Inc.
Sigma Labs, Inc. is a provider of quality assurance software under the PrintRite3D® brand and a developer of advanced, in-process, non-destructive quality assurance software for commercial firms worldwide seeking productive solutions for advanced manufacturing. For more information please visit us at www.sigmalabsinc.com. 

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  Forward-looking statements often contain words such as "expects," "anticipates," "intends," "believes" or "will." These forward-looking statements are subject to a number of risks, uncertainties and assumptions that could adversely affect us, including the risks set forth in Sigma Labs' most recent annual report on Form 10-K. The forward-looking statements in this press release are made only as of the date of this press release. Sigma Labs undertakes no obligation to update any of these forward-looking statements, whether as a result of new information, future events or otherwise.

Investor Relations Contact:
Chris Witty
[email protected]
646-438-9385