SGLB News Sigma Labs, Inc. Announces The Launch
Post# of 144482
SGLB News
Sigma Labs, Inc. Announces The Launching Of Its PrintRite3D™ System For 3D Printing & Additive Manufacturing (AM)
2012-09-10 10:00 ET - News Release
SANTA FE, N.M., Sept. 10, 2012 /PRNewswire/ -- Sigma Labs, Inc. (OTCBB: SGLB) announced today that it will release, later this month, the first module of PrintRite3D™ – a cutting-edge software and hardware suite of products that enables production of higher quality 3D-printing of metal parts for critical applications in the aerospace, defense, oil and gas, and biomedical markets. We also expect that our PrintRite3D™ will reduce manufacturing expenses and virtually eliminate costly post-manufacturing inspections. The overall 3D printing (Additive Manufacturing) industry is currently dominated by the making of plastic parts (e.g., 3D Systems Corporation), however the growth of precision-made metal parts is expanding rapidly at a pace of double digit percentages (Wohlers Report 2012).
Mark Cola, the President of Sigma Labs, stated, "it is much more difficult to 3D-print metal parts than plastic parts because they must meet very demanding engineering specifications. PrintRite3D™ is a suite of quality assurance tools that we expect will enable AM manufacturers to meet the rigorous requirements of metal parts for critical applications, and allow end users to use AM metal parts with confidence. The PrintRite3D™ suite of software and sensors are designed to guarantee that part quality can be monitored in real time and to report any anomalies during production further enabling lights-out production or minimal worker presence on-site."
Mr. Cola added, "we are in partnering discussions with a major 3D manufacturer of metal parts and are confident that by the end of 2012 we will enter into an arrangement simultaneously with the roll out of our PrintRite3D™ suite of products