Monday, April 20, 2020

Sigma Labs Inc. (NASDAQ: SGLB), Catalyst for Fourth Industrial Revolution, Enables Remote 3D Printing with Printrite3D(R) Production Series


  • SGLB launches new patented Printrite3D(R) Production Series, giving 3D printing operators metrics to increase quality control while operating remotely from any location
  • 3D metal printing expected to increase as economic shutdown affects complex manufacturing supply chains
  • Robust patent strategy established to protect intellectual property with eleven patents granted, 24 patents pending
  • New Printrite3D(R) Production Series an essential first mover contribution: a universal thermal quality data standard for measuring, comparing part quality from part to part; AM machine to machine; brand to brand
As supply chains look to restructure from the economic impact of COVID-19, Sigma Labs Inc. (NASDAQ: SGLB) remains at the frontline in quality control software for the 3D printing industry by launching its new patented Printrite3D(R) Production Series. Featuring a new ‘Production Dashboard’, the series arrives at a critical time for the industry as it evolves into a viable alternative to traditional manufacturing models.

Effects of the economic shutdown are profoundly affecting U.S. manufacturing, especially for producers that rely heavily on complex and lengthy supply chains. Since on-demand 3D printing is more timely and rapid in development and delivery, many experts expect sharp increases in 3D printing in conjunction with an overall restructuring of supply chain dynamics (http://ibn.fm/AjYur).

In addition to addressing perplexing quality control issues, Sigma Labs’ PrintRite3D(R) Production Series also enhances the speed and agility of 3D metal printing by truncating the design and development process, accelerating machine qualification, and enabling remote production in real-time from any location in the world. The software’s technology runs on most major brands of 3D metal printers, allowing for standardized quality assurance processes that can be used across equipment from different manufacturers throughout the entire supply chain.

Built on a rich history of innovation, SGLB’s robust patent strategy includes seven patents granted, 18 patents pending, and four patent applications in pre-publication. “PrintRite3D(R) Production Series is the culmination of years of internal research and development and radical collaboration with our customers,” Sigma Labs Executive Chairman Mark K. Ruport stated in a news release (http://ibn.fm/v2DYM). “We believe it will be seen as a major advancement for the additive manufacturing industry just as 3D printing of metal parts will be tested and challenged to fulfill the promise of being the next revolution in manufacturing.”

As the industry moves from prototype manufacturing of critical components to economically viable commercial production, SGLB’s leading quality control solutions enable 3D metal printing to dramatically increase production speed and quality yields while dramatically decreasing the excessive cost of quality control. The PrintRite3D(R) Production Series features an intuitive dashboard that provides in-process quality metrics and actionable information that will enable operators to make changes in real-time production as required from any location around the globe, allowing manufacturers to deploy the technology throughout their entire supply chain.

“PrintRite3D® Production Series addresses one of the critical barriers of the industrialization of additive manufacturing and puts highly sophisticated tools in the hands of the printer operators,” Dr. Prveen Bidare stated in a news release. Bidare, who is the technical research officer in Hybrid Manufacturing at the University of Birmingham, added, “Bringing Sigma’s technology down to the manufacturing floor to be used by production managers to monitor the 3D printing process is a major step forward for the AM industry.”

Founded in 2010, Sigma Labs, Inc. is a leading provider of quality assurance software to the commercial 3D printing industry under the PrintRite3D(R) brand. With a global client base that includes 23 installations across 19 different users, the company’s growing client list includes tier-1 OEM enterprises and end-users such as Siemens, Honeywell, Pratt & Whitney. Through a stated objective to become the de facto provider of quality assurance software, SGLB aims to provide solutions that will catalyze the full-scale industrialization of the commercial additive manufacturing industry, referred to by many as the fourth industrial revolution.

For more information about Sigma Labs, please visit www.SigmaLabsInc.com

NOTE TO INVESTORS: The latest news and updates relating to SGLB are available in the company’s newsroom at http://ibn.fm/SGLB

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