Makism 3D Corp. Advises on Product Development Innovation and Provides Update on Trading Status
March 31 2014 - 9:00AM
Marketwired
Makism 3D Corp. Advises on Product Development Innovation and
Provides Update on Trading Status
CAMBRIDGE, UNITED KINGDOM--(Marketwired - Mar 31, 2014) - Makism
3D Corp. (OTCBB: MDDD) ("Makism 3D" or the "Company"), a
manufacturer of consumer and professional grade 3D printers wishes
to apprise of a change in the status of its share price quotation
on the OTC Markets and to provide an update regarding strategic
product development activities for Q1 2014.
Makism 3D is pleased to advise that it has resumed quotation on
the OTC Markets "OTCQB" marketplace. The stock maintains a
notation of "unsolicited quotes only," which reflects that no firm
is presently making a market in the stock on OTC Link. The
Company advises all potential investors to discuss investment
decisions with a registered investment advisor prior to making any
investment. Makism 3D is currently compliant with the rules and
regulations of the exchange and shares in the company's stock are
available within the constraints of normal trading activities on
the OTC Market. For more information please contact Investor
Relations at mddd@crescendo-ir.com.
The Company further wishes to provide an update of recent
activities which includes the successful completion of its long
awaited move to a new development and manufacturing facility
located at the Future Business Centre in Cambridge, UK. The new
facility provides much needed space and access to an
entrepreneurial environment rich with opportunity, advice and
enthusiasm.
Ongoing product innovation includes the development of an all
new industrial printer lineup destined for use with service
companies providing rapid prototyping and manufacture to clients
via "printer farm" environments. The Company has also commissioned
an updated electronic motherboard which increases efficiencies and
has been adapted to exploit the company's latest technical advances
in motor controls.
Technically, the biggest advance undertaken in recent months has
been the adoption of a "closed-loop" control system developed for
the Wideboy™ printer lineup. Although it may have slowed the
release of the product, it is deemed critical in the long-term
design evolution.
Closed-loop controls are found in many 2D inkjet printers, but
are currently rare within 3D printers in the Wideboy™ price range.
The benefits of a closed-loop system are numerous and include
dramatically increased accuracy and reliability, significantly
higher production speeds, and a marked increase of independent
print controllability.
Company CEO Luke Ruffell states, "We remain confident that our
Wideboy™ will launch as the best product in its class for 2014. We
appreciate the patience of our shareholders, partners and 3D print
aficionados everywhere, as we remain committed to delivering a
market-leading and cost-effective product."
About Makism 3D Corp. (OTCBB: MDDD) Makism 3D Corp. is a 3D
printer manufacturer based in Cambridge, United Kingdom. Its
mission is to design and build efficient, reliable and attractive
consumer and professional grade 3D printers. The Company believes
there is enormous scope for innovation within the design,
usability, and engineering of 3D printers, and has identified a
valuable new market segment located between the low cost
professional market and the high-end consumer market. Find out more
at www.makism3d.com.
Cautionary Language Concerning Forward-Looking Statements:
Information set forth in this press release contains
forward-looking statements that are subject to risks and
uncertainties, and actual results might differ materially. A
discussion of factors that may affect future results is contained
in Makism 3D Corp.'s filings with the Securities and Exchange
Commission available at: www.sec.gov. Makism 3D Corp. disclaims any
obligation to update and revise statements contained in this news
release based on new information or otherwise.
Contact: Crescendo Communications, LLC Email: Email Contact Tel:
+1-855-379-9900 Web: www.makism3d.com