Sigma Labs Inc. Discussed in Broadcast on Pandemic Fallout and Modern Manufacturing
New York, May 21, 2020 (GLOBE NEWSWIRE) -- via NetworkNewsAudio –Sigma Labs Inc. (NASDAQ: SGLB) announces the availability of a broadcast titled, “3D Printing Plays Vital Role in New Normal.”
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Almost daily news reports attest to the speed, agility, and efficiency of 3D printing to create and deliver desperately needed healthcare equipment and devices. Additive manufacturing (AM) is proving in real time that it speeds production, allows flexibility, and brings new ideas to market quicker at lower cost. Though 3D printing of plastics and polymers has moved easily into the mainstream, and home printers now sell for under $300, 3D metal printing is proving to be a horse of a different color. Commercial 3D metal printing is gaining vital importance in the entire global manufacturing sector—yet the efficiency it yields is not without challenges
With its patented PrintRite3D(R) software, Sigma Labs Inc. (NASDAQ: SGLB) presents a solution to the costly quality-control challenges that impede the volume manufacture of precision 3D metal parts. In doing so, Sigma’s software could easily become indispensable in the global efforts to meet the manufacturing challenges of post COVID. The company’s breakthrough software has the potential to bolster and broaden commercial metal additive manufacturing by enabling for the first time cost-effective, non-destructive quality assurance during the production process. PrintRite3D(R) is the leading technology in identifying and classifying defects and anomalies in-process and allows for errors to be corrected in real-time—even remotely.
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About Sigma Labs Inc.
Sigma Labs Inc. (NASDAQ: SGLB) is a leading provider of quality assurance software to the commercial 3D metal printing industry under the PrintRite3D® brand. Sigma specializes in the development and commercialization of real-time monitoring solutions known as PrintRite3D® for 3D metal advanced manufacturing technologies. PrintRite3D detects and classifies defects and anomalies real-time during the manufacturing process and informs the production manager of quality issues. Sigma Labs' software product is a major catalyst for the acceleration and adoption of 3D metal printing. For more information, please visit www.sigmalabsinc.com.
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This 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. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.
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Released May 21, 2020