Sigma Labs (NASDAQ: SGLB), a leading developer of quality assurance software for the additive manufacturing industry, today announced its appointment of Mark K. Ruport as president and chief executive officer. According to the update, Ruport will continue to serve as a member of the Board of Directors and, as part of the transition, John Rice has stepped aside from his position as president and CEO and will continue in his role as the non-executive chairman of the Board of Directors of Sigma Labs. “John Rice has been instrumental in our development efforts, bringing Sigma Labs from a pre-commercial company to a revenue-generating enterprise serving tier-1 clients globally,” SGLB’s President and CEO Mark K. Ruport said in the news release. “I would like to thank John for his contributions during his tenure as chief executive officer and look forward to working closely with him in his role as chairman of the Board of Directors, helping to guide Sigma Labs into 2020 and beyond. I am confident that we have the right strategy, people and product at a time when there is increasing demand in the market for our technology. I look forward to providing more details on these changes and our commercial progress on our upcoming first quarter 2020 financial results conference call.”
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About Sigma Labs
Sigma Labs, Inc. (NASDAQ: SGLB) is a leading provider of quality assurance software to the commercial 3D metal printing industry under the PrintRite3D(R) brand. Sigma is a software company that specializes in the development and commercialization of real-time computer aided inspection (“CAI”) solutions known as PrintRite3D(R) 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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