Sigma Labs Expands Sales Network in Asia

SANTA FE, N.M., Aug. 22, 2017 (GLOBE NEWSWIRE) -- Sigma Labs, Inc. (NASDAQ:SGLB) (“Sigma Labs” or the “Company”), a provider of quality assurance software under the PrintRite3D® brand, today announced that the Company has entered into an agreement with Digital-CAN Tech Co., LTD to serve as the Company's non-exclusive sales agent in Taiwan. Digital-CAN is at Taiwan’s forefront in the additive manufacturing ("AM") industry with over a decade of experience in industrial 3D printing and rapid prototyping. Digital-CAN is AS9100 and ISO13485 certificated (Quality Systems Standards for Aircraft, Space, Defense and Medical Devices industry suppliers), and is one of Taiwan’s largest additive manufacturing centers. Digital-CAN has experience in a variety of industries such as aerospace, medical, tooling, industrial manufacturing 4.0 applications, architecture, product design, automotive design, & lifestyle applications. The Company has agreed to pay Digital-CAN a commission tied to revenue generated by the Company as a result of customers identified by Digital-CAN.  

“We are very pleased to expand our Asian market presence with sales representation from Digital-CAN, a leader in the Additive Manufacturing Industry in Taiwan,” said Ron Fisher, VP of Business Development of Sigma Labs. “Taiwan is among a growing array of countries that have embraced AM across Asia and we believe that Digital-CAN is the right agent in that region to help fulfill our expansive vision. We look forward to working with them to drive the value of Sigma Labs’ solutions capabilities into their diverse markets and industry channels.”

About Digital-CAN
Digital-CAN has over a decade of experience in Additive Manufacturing (also known as industrial 3D printing) in Taiwan. Aside from being experts in additive manufacturing, Digital-CAN is also agent/distributor for EOS Additive Manufacturing Facilities and Trumpf’s Laser Metal Deposition Technology. With its variety of facilities and materials and  customer service, Digital-CAN is a one stop shop for additive manufacturing needs. Digital-CAN is also AS9100 and ISO13485 certificated. For more information please visit: http://www.digital-can.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
brets@coreir.com

Source: Sigma Labs, Inc.