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SANTA FE, N.M., May 14, 2019 (GLOBE NEWSWIRE) -- Sigma Labs, Inc. (NASDAQ: SGLB) (“Sigma Labs” or the “Company”), a provider of quality assurance software under the PrintRite3D® brand, will launch Version 5.0 of its PrintRite3D® platform at the RAPID+TCT 2019 Additive Manufacturing Conference in Detroit on May 21-23, 2019. The company will be exhibiting in Booth #1953. Darren Beckett, Chief Technology Officer; Ron Fisher, Vice President of Business Development; Justin Joiner, Business Development Manager, Americas and Richard Proctor, Applications Engineer, will be in attendance throughout the conference to meet with attendees.
John Rice, CEO of Sigma Labs, said, “Companies engaged in metal additive manufacturing (AM) have traditionally been hindered by the inability to analyze the structure of a part during the manufacturing process as well as the inability to make real-time adjustments to ensure an acceptable level of quality. PrintRite3D® Version 5.0 resolves this challenge with results comparable and complementary to CT testing. This genuine advance provides value to OEMs and manufacturers, and is designed to increase production yield of 3D metal manufactured parts, cut post-process quality inspection costs and reduce time to market, enabling true industrialization of metal AM.”
Mr. Rice added, “We believe the launch of this new product, coming shortly after the news of DARPA’s recently published conclusion that Sigma’s technology can be used as the compliance means for certifications and/or certification of components of 3D metal parts, has the potential to advance the metal AM industry significantly.”
Integrating inspection, feedback, data collection and critical analysis into a unified platform, PrintRite3D® Version 5.0:
RAPID + TCT is North America’s most influential additive manufacturing event, featuring the newest 3D technologies including 3D printing, 3D scanning, CAD/CAE, metrology & inspection, and related technologies.
About Sigma Labs
Sigma Labs, Inc. is a provider of quality assurance software under the PrintRite3D® brand and a developer of advanced, in-process, non-destructive quality assurance software for commercial firms worldwide seeking productive solutions for advanced manufacturing. For more information please visit us at www.sigmalabsinc.com.
This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (which Sections were adopted as part of the Private Securities Litigation Reform Act of 1995). Statements preceded by, followed by or that otherwise include the words “believe,” “anticipate,” “estimate,” “expect,” “intend,” “plan,” “project,” “prospects,” “outlook,” and similar words or expressions, or future or conditional verbs such as “will,” “should,” “would,” “may,” and “could” are generally forward-looking in nature and not historical facts. These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the Company's actual results, performance or achievements to be materially different from any anticipated results, performance or achievements. The Company disclaims any intention to, and undertakes no obligation to, revise any forward-looking statements, whether as a result of new information, a future event, or otherwise. For additional risks and uncertainties that could impact the Company’s forward-looking statements, please see the Company’s Annual Report on Form 10-K (including but not limited to the discussion under “Risk Factors” therein) filed with the SEC on April 1, 2019 and which may be viewed at http://www.sec.gov.