NetworkNewsBreaks – Sigma Labs Inc. (NASDAQ: SGL
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Sigma Labs (NASDAQ: SGLB), a leading developer of quality assurance software for the commercial 3D metal printing industry, has issued a shareholder letter from the company president CEO Mark K. Ruport. In the letter, Ruport outlines several company highlights and discusses the global acceleration of 3D metal printing and recent funding achievements. He also notes that newly added resources position the company to leverage worldwide distribution partnerships. Ruport observes that even thought 2020 was a year dominated by the global COVID-19 pandemic and its short-term and long-term effects, SGLB executed its strategic business plan and achieved almost every major milestone it had identified going into the year. Ruport specifically mentioned global agreements with DMG MORI, Additive Industries and Materialise; a strengthened balance sheet; expanded PrintRite3D(R) product line, including PrintRite3D Lite and PrintRite3D DED; PrintRite3D technology validated by new contracts with major universities, global manufacturers, 3D printer OEMs and AM software companies; and additional patents to protect the company’s intellectual property and first-mover advantage. “Our plan is in place, and we have proven that we can execute, even in difficult times,” said Sigma Labs president and CEO Mark K. Ruport in the letter. “Now, with the wind at our back, the foundation that we built in 2020 provides a springboard from which we expect to launch the Company into an era of technical and thought leadership, radical collaboration with our customers and partners, increased revenue growth, and shareholder value.”
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