Sigma Labs Inc (SASI)

[MrTempleton]

SGLB NEWS: GREAT....Sigma Labs Joins the Edison Welding Institute's
Additive Manufacturing Consortium
Company Also Secures Initial Contract for NIST Program
SANTA FE, N.M. – September 23, 2014 – Sigma Labs, Inc. (OTCQB: SGLB) (“Sigma Labs” or the “Company”), a developer of advanced, in process, non-destructive quality inspection systems for metal-based additive manufacturing and other advanced manufacturing technologies, today announced that the Company has joined the Additive Manufacturing Consortium (AMC) run by the Edison Welding Institute (EWI). The AMC is a group of leading industry, government, academic, and non-profit research organizations working to accelerate and advance the commercial readiness of metal additive manufacturing technology.
Separately, Sigma Labs received an initial contract from the EWI as part of the previously-announced grant from the U.S. Department of Commerce's National Institute of Standards and Technology (NIST) for the development of in-process sensing and monitoring capabilities to ensure consistent quality in 3D printing. The grant, worth $5 million in total, was awarded to a group of universities, laboratories, and companies in the field of additive manufacturing; Sigma Labs’ contract will evaluate the Company’s PrintRite3D® technology for monitoring and control applications.
“I am very pleased to announce that Sigma Labs is now part of the AMC, considered the foremost group of organizations in additive manufacturing,” said Mark Cola, President and Chief Executive Officer of Sigma Labs. “The AMC includes many prominent industrial, aerospace, and defense companies, and this offers us the opportunity for technology collaboration as well as business development. In addition, we are providing the AMC with a PrintRite3D® system to be installed on an EOS Model 280 machine for testing and to expand the EWI’s materials database.
“The award of our first contract from the EWI, under the auspices of the NIST contract, positions Sigma Labs for further demonstration of our unique systems for improved quality control in additive manufacturing. We look forward to working with the EWI on these and other initiatives going forward.”
Additional information about EWI and the AMC can be found at www.ewi.org/additive-manufacturing-consortium.
About Sigma Labs, Inc.