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$SGLB Announces Launch of PrintRite3D(R) Lite IPQA(R), Award of First Contract for New Solution

Sigma Labs (NASDAQ: SGLB), a leading developer of quality assurance software for the commercial 3D metal printing industry, today announced the launch of its newest product, the PrintRite3D Lite In-Process Quality Assurance system, for which it was awarded its first contract from Coherent Inc. (NASDAQ: COHR), one of the world’s leading providers of lasers and laser-based technology for scientific, commercial and industrial customers. The latest addition to the PrintRite3D suite of products, PrintRite3D(R) Lite IPQA(R) features Sigma’s patented and proven TED (Thermal Energy Density) metric and was designed and developed specifically to fulfill the need for melt pool quality monitoring for the small, compact, entry-level machines used in academia, R&D, dental and industrial small-lot production. “We are very pleased to announce the launch of our new PrintRite3D Lite product as we begin implementation on the Coherent CREATOR metal 3D printer,” Mark Ruport, president and CEO of Sigma Labs, said in the news release. “PrintRite3D Lite is a great solution for 3D metal printing companies and end-user manufacturers that do not require the full functionality of PrintRite3D and increases our addressable market. PrintRite3D Lite will be available for OEM licensing as well as third party retrofit installations.”

To view the full press release, visit: https://nnw.fm/D0WEX

About Sigma Labs Inc.

Sigma Labs is a leading provider of quality assurance software to the commercial 3D metal printing industry under the PrintRite3D(R) brand. Sigma specializes in the development and commercialization of real-time monitoring solutions known as PrintRite3D for 3D metal advanced manufacturing technologies. PrintRite3D detects and classifies defects and anomalies real-time during the manufacturing process and informs the production manager of quality issues. 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://nnw.fm/SGLB

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Tuesday, October 6th, 2020 Uncategorized