Sigma Labs and Spartacus3D Sign Agreement for Collaboration in Europe
SANTA FE, N.M., April 18, 2016 (GLOBE NEWSWIRE) -- Sigma Labs, Inc. (OTCQB:SGLB) (“Sigma Labs” or the “Company”), a developer of advanced, in process, non-destructive quality inspection systems for metal-based additive manufacturing (“AM”) and other advanced manufacturing technologies, today announced that the Company is teaming with Spartacus3D, a unit of France’s Farinia Group, to accelerate its presence in Europe. As part of this agreement, Spartacus3D will serve as a demonstration, test and evaluation site for Sigma Labs’ PrintRite3D® commercialization and market adoption activities in Europe.
“This is an exciting development that builds on our existing relationship with Spartacus3D,” said Mark Cola, President & CEO of Sigma Labs. “We previously announced that Spartacus3D, a leading French AM service provider, had signed up for our Early Adopter Program in 2015; since then, they have fully installed our software and now use it regularly. This new agreement strengthens our partnership and, essentially, makes Spartacus3D our showcase site in Europe. We’ll work together to expand the use of our PrintRite3D® technology as we concurrently build a sales and support presence throughout the continent. While Sigma Labs is already well known in North America, our recent steps – both in Europe and Asia – will help build our brand globally and accelerate top line growth.”
About Sigma Labs, Inc.
Sigma Labs, Inc. develops and engineers advanced, in-process, non-destructive quality inspection systems for commercial firms worldwide seeking productive solutions for metal-based additive manufacturing or 3D printing, and other advanced manufacturing technologies. For more information please visit www.sigmalabsinc.com.
Spartacus3D, the additive manufacturing division of the Farinia Group, offers engineering, consulting, and contract additive manufacturing services to a host of industries, with customers throughout Europe. The company manufactures components with high-quality metal powder through selective laser melting. For more information please visit http://www.farinia.com/companies/spartacus3d.
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 firstname.lastname@example.org 646-438-9385Source: Sigma Labs, Inc.
Released April 18, 2016