SGLB News Sigma Labs, Inc. Awarded Contract Fro

SANTA FE, N.M., Sept. 25, 2012 /PRNewswire/ -- Sigma Labs, Inc. (OTCBB: SGLB) announced today that it was awarded a contract from one of the world's leading suppliers of power generation systems to develop and demonstrate advanced manufacturing repair technology for land-based gas turbines. Such technology should enable Sigma Labs' client to assist its customers in managing life cycle costs and maximizing powerplant uptime. Sigma Labs expects this contract to generate up to $260,000 in revenues. Mark Cola, President of Sigma Labs, states that "becoming a qualified vendor for this important repair technology is an exciting step toward our commercialization of an enabling technology that should allow our client to implement a repair program that minimizes maintenance costs and maximizes equipment availability. Once developed and commercialized, our client could apply a repair technology throughout its global network of service centers and provide repair services for safety-critical components in its customer's turbine. Our client is a leading supplier of advanced power systems and uninterrupted energy services and we are proud to be a part of its technology team. Its installed base of steam and gas turbines has grown to many thousands of units in more than 100 countries."