NetworkNewsBreaks – Sigma Labs, Inc. (NASDAQ: SG

NetworkNewsBreaks – Sigma Labs, Inc. (NASDAQ: SGLB) Enters Joint Sales Agreement with Materialise NV (NASDAQ: MTLS) to Commercialize Integrated PrintRite3D Technology with MCP Controller

Sigma Labs (NASDAQ: SGLB), a leading developer of quality assurance software for the commercial 3D printing industry, today announced that it has entered into a binding joint sales agreement with Materialise NV (NASDAQ: MTLS), a leading provider of additive manufacturing software and of sophisticated 3D printing services. Per the update, the companies have agreed to advance the previously announced memorandum of understanding (“MOU”) to work together to integrate the Materialise Control Platform (“MCP”) product with Sigma Labs’ PrintRite3D(R) technology. Through the joint sales agreement, the companies have agreed to carry out beta customer commercialization of the integrated PrintRite3D(R) and Materialise MCP Controller to offer a unique product solution for retrofit of existing machines, OEM machine integration and closed loop control. “Growing our partnership with Materialise is a significant milestone for Sigma Labs as we expand our footprint in the market and add momentum to our quest to broaden industry access to our groundbreaking PrintRite3D(R) software,” Sigma Labs executive chairman Mark K. Ruport stated in the news release. “The alignment is a natural step for both companies, as Materialise has a strong presence in the additive manufacturing market and a reputation for quality products. Commercializing and jointly selling this integrated solution will benefit both companies as well as advance the forward momentum of innovation in the 3D manufacturing industry.”

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