Sigma Labs (NASDAQ: SGLB), a leading developer of quality assurance software for the commercial 3D printing industry, this morning announced that it has been awarded a phase 2 rapid test and evaluation (“RTE”) contract by a leading global energy technology company for the pilot deployment of PrintRite3D(R) in-process quality assurance software following successful completion of the phase 1 RTE program. Successful completion of the phase 2 RTE program may possibly lead to a material commercial order from the customer integrating PrintRite3D(R) into production machines. “The conversion from our initial test and evaluation program to the phase 2 pilot rollout is a testament to the traction our enabling technology is garnering in the additive manufacturing industry,” Sigma Labs chairman and chief executive officer John Rice stated in the news release. “We look forward to working with this well-respected industry leader known for their innovative technology and superior service to drive improved and serial printing quality on their production lines. Sigma will also be providing more transparency on this customer and others in the program on our third quarter financial results conference call on Thursday, November 14th at 4:30 PM Eastern time.”
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About Sigma Labs
Sigma Labs, Inc. (NASDAQ: SGLB) is an emerging provider of quality assurance software to the commercial 3D printing industry under the PrintRite3D® brand. Founded in 2010, Sigma is a software company that specializes in the development and commercialization of real-time computer aided inspection (“CAI”) solutions known as PrintRite3D® for 3D advanced manufacturing technologies. Sigma Labs' advanced computer-aided software product revolutionizes commercial additive manufacturing, enabling non-destructive quality assurance mid-production, uniquely allowing errors to be corrected in real-time. For more information, please visit www.SigmaLabsInc.com.
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