InvestorNewsBreaks – Sigma Labs Inc. (NASDAQ: SGLB) Secures Initial Contract to Provide Comprehensive PrintRite3D(R) System to Ermaksan Innovative Technologies

April 7, 2021 10:44:01
Sigma Labs (NASDAQ: SGLB), a leading developer of quality assurance software for the commercial 3D metal printing industry, has been selected by Ermaksan Innovative Technologies to provide its in-process quality assurance (IPQA(R)) technology, PrintRite3D(R), as a factory option on its ENAVISION 3D metal additive machines and will be integrated with the Materialise Control Platform (“MCP”). The collaboration commences with an initial contract for a single system from Ermaksan to install PrintRite3D at a new customer site in Turkey. Initially, Sigma Labs will install the PrintRite3D system at the Bursa, Turkey-based Ermaksan facility and expects to be in the position to certify the Ermaksan ENAVISION system as PrintRite3D-ready before ultimately moving the system to the end user’s facility. Sigma Labs will provide Ermaksan with a comprehensive PrintRite3D IPQA system and hardware, software, training, engineering and metallurgical consulting and related support services. “We are pleased to announce our new relationship with Ermaksan, a leading provider of advanced metal forming machines,” said Mark Ruport, chief executive officer of Sigma Labs. “We believe the integration and certification of PrintRite3D at Ermaksan’s factory will help ensure the best solution for their end-user customer. Ermaksan’s commitment to the highest quality standards was one of the key reasons for selecting PrintRite3D, and we look forward to establishing a long-term relationship and collaborating with them on future sales opportunities.” To view the full press release, visit https://ibn.fm/sFw5c About Sigma Labs Inc. Sigma Labs is a leading provider of in-process quality assurance (IPQA(R)) software to the additive manufacturing industry. Sigma specializes in the development and commercialization of real-time monitoring solutions known as PrintRite3D(R) for 3D metal advanced manufacturing technologies. PrintRite3D detects and classifies defects and anomalies real-time during the manufacturing process, enabling significant cost-savings and production efficiencies. Sigma Labs believes its software product will be a major catalyst for the acceleration and adoption of 3D metal printing. For more information, please visit www.SigmaLabsInc.com. NOTE TO INVESTORS: The latest news and updates relating to SGLB are available in the company’s newsroom at http://ibn.fm/SGLB

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