Monday, January 13, 2014

Puget Technologies Inc. (PUGE) CEO Visiting Weistek’s Manufacturing Facility in China; Negotiating Final Agreement

Puget Technologies, a publicly held company aiming to acquire, develop, and market leading-edge, consumer-oriented products, announced today that its CEO, Mr. Ron Leyland, and his team will be visiting the manufacturing facility of the award-winning international 3D printer manufacturer Shenzhen Weistek. During the visit, Mr. Leyland will be negotiating the details of the final agreement between Puget Technologies and Weistek, as well as discuss how the 3D printing industry is increasing cost-effectiveness and competitiveness across the globe.

Mr. Leyland said, “As 3D printing continues to move into the mainstream market, Puget Technologies anticipates taking a leadership position in the industry by delivering high performance, user-friendly, and affordable products to consumers.” Recently, the company executed a memorandum of understanding with the Chinese company with details for acquisition.

The visit to China is a follow-up to meetings between the two companies at the International Consumer Electronics Show (CES) in Las Vegas, the world’s largest technology event. There, Weistek was awarded the “Best Annual 3D Printer” award, which is a distinction given as a part of the event’s “2013 – 2014 Global Interconnection Devices Top 10” awards ceremony. More than 3,200 and an average of up to 150,000 participants are said to be a part of the show each year.

The memorandum of understanding was Puget Technologies’ first step forward in entering into the 3D printer market, a critical development in its plan to become an established market leader in different facets of that global marketplace.

More information about Puget Technologies and its progress can be found at: www.pugettechinc.com

About QualityStocks

QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to find, evaluate, and learn more about investing in these companies.


Sign up for “The QualityStocks Daily Newsletter” at www.QualityStocks.net

The Quality Stocks Daily Blog http://blog.qualitystocks.net

The Quality Stocks Daily Videos http://videocharts.qualitystocks.net

 The Quality Stocks “Ones to Watch” http://gotstocks.qualitystocks.net

Please see disclaimer on the QualityStocks website: http://disclaimer.qualitystocks.net

No comments: