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SANTA FE, N.M., May 09, 2017 -- Sigma Labs, Inc. (NASDAQ:SGLB) (“Sigma Labs” or the “Company”), a provider of quality assurance software under the PrintRite3D® brand, today announced it will unveil its PrintRite3D® INSPECT™ V.2.0 quality assurance software at RAPID + TCT 2017 (www.rapid3devent.com), North America's preeminent event for discovery, innovation, and networking in 3D manufacturing. The Company will be exhibiting at Rapid + TCT 2017, from May 9-11, 2017 at Booth 1026, at the David L. Lawrence Convention Center, Pittsburgh, PA.
Sigma Lab's PrintRite3D® INSPECT™ V.2.0 innovates on the Company’s integrated, interactive system that combines inspection, feedback, data collection and critical analysis. The system pairs SENSORPAK™ multi-sensors and hardware with INSPECT™, CONTOUR™ and ANALYTICS™ software modules for comprehensive management of Additive Manufacturing (“AM”) processes. The V.2.0 release is now both web and IoT-enabled and features statistical process control and visualization, providing a real-time snapshot of the entire process, part-by-part multivariate analysis; and allows for machine floor to cloud data communication with multiple machine system integration.
Morf3D, our commercial alliance partner for 3D printing, as well as Honeywell Aerospace, will receive the first installations of the new PrintRite3D® INSPECT™ V2.0. As a result of such installation, we believe that Morf3D will be able to provide a means for customers to increase AM production rates while ensuring consistent part quality. Honeywell Aerospace will use the Company's PrintRite3D® INSPECT™ V2.0 during Phase 3 of its rapid qualification for additive manufacturing program sponsored by DARPA.
“We are delighted to unveil our advanced PrintRite3D® INSPECTTM V.2.0 solution at the Rapid 2017 event, which is the perfect forum to introduce its advanced capabilities to a captive 3D manufacturing audience,” said Mark Cola, President and CEO of Sigma Labs. “This release marks our product evolution with an offering that provides Web and IoT-based integration, enabling groundbreaking advancements in process control and quality assurance for Additive Manufacturing,” Mr. Cola added.
Additional product information is available on Sigma Labs’ website at www.sigmalabsinc.com.
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 Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (which Sections were adopted as part of the Private Securities Litigation Reform Act of 1995). Statements preceded by, followed by or that otherwise include the words “believe,” “anticipate,” “estimate,” “expect,” “intend,” “plan,” “project,” “prospects,” “outlook,” and similar words or expressions, or future or conditional verbs such as “will,” “should,” “would,” “may,” and “could” are generally forward-looking in nature and not historical facts. These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the Company's actual results, performance or achievements to be materially different from any anticipated results, performance or achievements. The Company disclaims any intention to, and undertakes no obligation to, revise any forward-looking statements, whether as a result of new information, a future event, or otherwise. For additional risks and uncertainties that could impact the Company’s forward-looking statements, please see the Company’s Annual Report on Form 10-K (including but not limited to the discussion under “Risk Factors” therein) filed with the SEC on March 31, 2017 and which may be viewed at http://www.sec.gov.
Investor Relations Contact: Bret Shapiro Managing Director CORE IR 561-479-8566 [email protected]
