CHGT: Huge Market Opens as Pro Sports Embrace 3D Printing Revolution
September 02 2014 - 5:00AM
Business Wire
The high profile world of professional sports is beginning to
fully embrace cutting-edge 3D printing tools, potentially putting
upstart tech companies such as Changing Technologies, Inc. (OTCBB:
CHGT) in pole position for profits.
According to 3DPrint.com, the National Association for Stock Car
Auto Racing (NASCAR) and Formula One have been utilizing 3D
printing technology to solve electrical problems with vehicles and
to test new parts. Super GT and FIA GT Championship competitor
Nissan Motorsports (Nismo) is ramping up its use of 3D printing by
using the technology to build prototypes of new parts and directly
manufacture end-use parts for their V8 super cars.
NASCAR races alone drew 5.8 million television viewers in 2013,
and auto racing telecasts last year attracted over 70 million
unique viewers.
“3D printing being accepted in auto racing and the global
visibility that sport possesses presents potential opportunities
that will expand the market significantly,” CHGT CEO Omar T. Durham
said. “To attract this demographic could be a game-changer for the
popularity of 3D printing in the mainstream.”
Changing Technologies, Inc. is an emerging technology
company focused on developing innovative concepts to bring to
consumers. It recently created a new subsidiary — 6th Dimension
Technologies — to pursue additional growth areas and market needs
in the booming 3D printing sector. Changing Technologies, Inc. is
in the cutting-edge technology sphere alongside companies including
Voxeljet AG (NYSE: VJET), Arcam AB (OTCBB: AMAVF), and ExOne Co.
(NASDAQ: XONE).
For more information on CHGT, please
visit www.changingtechno.com/investors. For more on 6th
Dimension Technologies’ groundbreaking 3D printing online portal,
visit www.6D3D.com.
About Changing Technologies, Inc.
Changing Technologies, Inc. (OTCBB: CHGT) is a forward-thinking
company working to be at the forefront of the next generation of
consumer-based technology. The Company is positioning itself to
leverage the global demand for the latest technological advances
and the services they offer.
Notice Regarding Forward-Looking Statements
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: This news release contains forward-looking
information 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, including statements that include the
words “believes,” “expects,” “anticipate” or similar expressions.
Such forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of the Company to differ materially
from those expressed or implied by such forward-looking statements.
In addition, description of anyone’s past success, either financial
or strategic, is no guarantee of success. This news release speaks
as of the date first set forth above and the Company assumes no
responsibility to update the information included herein for events
occurring after the date hereof.
Changing Technologies, Inc.Omar T. Durham, 713-300-3806President
and CEOomar@changingtechno.com