Sigma Labs Joins Additive Alliance of Fraunhofer IAPT
February 12 2019 - 8:00AM
Sigma Labs, Inc. (NASDAQ: SGLB) (“Sigma Labs” or the “Company”), a
provider of quality assurance software under the PrintRite3D®
brand, was named a member of the Additive Alliance of Fraunhofer
IAPT, a leading network for Additive Manufacturing (AM). As the
first US company to be granted a membership in the Alliance, Sigma
Labs becomes part of the global research consortium to advance the
development and implementation of AM. The memberships enables Sigma
Labs to demonstrate the PrintRite3D technology to key players in
the market of metal AM.
John Rice, CEO of Sigma Labs, said, “Being a member of the
Additive Alliance of Fraunhofer IAPT is another meaningful
milestone for Sigma Labs. Working together with the Alliance and
its members who encompass leading companies, OEMs, service
providers and machine manufacturers, we look forward to helping
build the future of additive manufacturing. We strongly believe
that our PrintRite3D technology will play a major role in quality
assurance of AM.”
“We are happy to welcome Sigma Labs as a new member of our
Additive Alliance and to strengthen the competences of the network
in the field of quality assurance in AM. In-Process quality
assurance will be a key enabler for industrialization of AM,” said
Antje Vosshenrich, head of the Additive Alliance at Fraunhofer
IAPT.
In an earlier Press Release, Sigma Labs and Fraunhofer IAPT
announced a collaborative research and development agreement to
test and validate the use of the PrintRite3D’s
In-Process-Quality-Assurance suite to identify and quantify machine
and process inconsistencies as well as to define in-process defect
thermal signatures in the part formation process and correlate them
to CT scan results.
About the Fraunhofer IAPT Additive Alliance
The Additive Alliance of Fraunhofer IAPT
(https://www.iapt.fraunhofer.de/de/leistungen/additive-alliance.html)
is a leading network for additive manufacturing. Alliance members
profit from the experience of the first industry and research
network of its kind for additive manufacturing; combine knowledge
from various fields of business and develop innovative solutions;
find solutions along the entire process chain with more than 30
members contributing the necessary experience; get access to the
online knowledge base of the Additive Alliance that contains the
results and materials from all previous Additive Alliance events;
and use the research possibilities of the network and actively
design the collective research road map of the network.
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.
Forward-Looking Statements
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 17, 2018 and which may be viewed at http://www.sec.gov.
Media Relations Contact: Cheryl SchneiderDGI
Comm212-825-3210cschneider@dgicomm.com
Investor Relations Contact:Bret ShapiroManaging
DirectorCORE IR561-479-8566 brets@coreir.com
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