SANTA FE, N.M., Nov. 30, 2015 (GLOBE NEWSWIRE) -- Sigma Labs, Inc. (OTCQB:SGLB) ("Sigma Labs" or the "Company"), a developer of advanced, in process, non-destructive quality inspection systems for metal-based additive manufacturing ("AM") and other advanced manufacturing technologies, today announced that a company in Germany has entered into an evaluation period for Sigma Labs' proprietary PrintRite3D® products. As part of the agreement this customer, which wishes to remain anonymous at the present time, purchased a non-exclusive license to test the Company's PrintRite3D® applications in certain of its laser-based powder bed metal machines – some of which were on display at the recent Formnext show in Frankfurt, Germany.
"We are delighted that this high quality organization has decided to evaluate our PrintRite3D® software in its machines to assess our patented In-Process Quality Assurance™ (IPQA®)," said Mark Cola, President and CEO of Sigma Labs. "The customer will consider adding our quality assurance and process control technology to its equipment offering starting with our INSPECT™ software – broadening the market for additive manufacturing. With Sigma Labs' software on site, they can easily evaluate our technology with regard to leveraging its benefits across a number of automated applications."
About Sigma Labs, Inc.
Sigma Labs, Inc., through its wholly-owned subsidiary B6 Sigma, Inc., develops and engineers advanced, in-process, non-destructive quality inspection systems for commercial firms worldwide seeking productive solutions for metal-based additive manufacturing or 3D printing, and other advanced manufacturing technologies. For more information please visit www.sigmalabsinc.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements often contain words such as "expects," "anticipates," "intends," "believes" or "will." These forward-looking statements are subject to a number of risks, uncertainties and assumptions that could adversely affect us, including the risks set forth in Sigma's most recent annual report on Form 10-K. The forward-looking statements in this press release are made only as of the date of this press release. Sigma undertakes no obligation to update any of these forward-looking statements, whether as a result of new information, future events or otherwise.