Published On: Fri, Dec 27th, 2013

Sigma Labs, Inc. (OTCBB: SGLB) Delivers PrintRite3D Systems to Leading International Aerospace Company

Sigma Labs, Inc. (OTCBB: SGLB), develops and engineers advanced, real-time, non-destructive quality inspection systems for commercial firms worldwide seeking productive solutions for 3D metal printing and other advanced manufacturing technologies, announced Thursday, December 26th, 2013, that it delivered two of its PrintRite3D quality assurance systems for 3D metal printing to a leading aerospace company.

Mark Cola, President and Chief Executive Officer of Sigma Labs, stated in the company’s press release dated December 26, 2013, “This important delivery is the result of our determined commercialization efforts as we transition to production during 2014. We expect additional PrintRite3D business from this customer as well as with a variety of major aerospace companies over the near term. We look forward to helping all our customers achieve their critical quality control goals for 3D metal printed parts.”

The company expects to generate up to $975,000 in revenues during 2014 as the PrintRite3D systems undergo testing and evaluation.  PrintRite3D is a patented and proprietary product that quickly assesses the quality of a part during the production process using 3D printing, by using real-time data as opposed to waiting for costly post-process inspection.  PrintRite3D eliminates the problem at hand in 3D printing of high inspection costs for critical 3D printed metal parts.  This enables additional applications of Sigma Labs’ technology to industries other than the aerospace industry which are presently too cost-sensitive for the current technology’s price point.

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