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Sigma Labs Announces New OEM Partner Program
SANTA FE, N.M., Sept. 17, 2015 (GLOBE NEWSWIRE) -- 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 ("AM") and other advanced manufacturing technologies, today announced that it has launched an "OEM Partner Program" to expedite the trial and incorporation of the Company's PrintRite3D® quality assurance software into AM machines worldwide. Working closely with Original Equipment Manufacturers (OEMs) remains an important element of Sigma Labs' growth strategy, with the goal of having the Company's software embedded in machines before they are sold to end users. The OEM Partner Program includes pricing incentives for bundled software, training, and marketing support; participating companies will be able to provide third party, independent quality assurance via Sigma Labs' complete suite of PrintRite3D® software modules – INSPECTâ„¢, DEFORMâ„¢ and ANALYTICSâ„¢ – to their customers when machines are purchased. The Company is already in active discussions with several OEMs regarding such partnership opportunities.
"This OEM Partner Program, like our Early Adopter Program, is designed specifically to expedite trial and usage of our PrintRite3D® software for in process quality assurance during 3D printing," said Mark Cola, President and CEO of Sigma Labs. "Working directly with OEMs will increase the adoption of our systems and provide important feedback for application development in real-world scenarios. We look forward to partnering with some of the globe's AM machine and software technology leaders to advance an understanding of our software and broaden awareness of the Company in general. We expect to have a number of manufacturers licensing our systems for deployment in the very near future."
About Sigma Labs, Inc.
Sigma Labs, Inc., through its wholly-owned subsidiary B6 Sigma, Inc., develops and engineers advanced, in-process, non-destructive quality inspection systems for commercial firms worldwide seeking productive solutions for metal-based additive manufacturing or 3D printing, and other advanced manufacturing technologies. For more information please visit www.sigmalabsinc.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements often contain words such as "expects," "anticipates," "intends," "believes" or "will." These forward-looking statements are subject to a number of risks, uncertainties and assumptions that could adversely affect us, including the risks set forth in Sigma's most recent annual report on Form 10-K. The forward-looking statements in this press release are made only as of the date of this press release. Sigma undertakes no obligation to update any of these forward-looking statements, whether as a result of new information, future events or otherwise.
CONTACT: Investor Relations Contact:
Chris Wittycwitty@darrowir.com
646-438-9385 Source: Sigma Labs, Inc.
Love this action. Hoping to get back to even at $4.04 & then some nice profit.
Nice, timely article.
The annual meeting was generally positive. I'm wondering about the transparency in reporting.
Hopefully the two news releases which came out tonight regarding changes in beneficial ownership to acquire shares by Mr. Murphy & Mr. Glover help us break & stay above $3.00 tomorrow.
Here's MDuffy's 15579 post recently referenced.
SGLB appears to have stopped trading at 12:42:52 at a volume of 1,196,742. I wonder what's up?
20,692 share purchase after the close today. Booyah!
We need some volume too. The shorts are walking this down on light volume.
I agree wholeheartedly!
The shorts were successful in holding this down most of the day. I think this is a positive single that some of the shorts don't want to hold positions over the weekend. Hopefully this causes more shorts to get nervous.
I put an order in yesterday for .105 to accumulate more shares & it has yet to be executed. It get's close, but no go... I think we have a pretty good base at .10 established now!
Great idea!
New SA article - looks positive:
Organovo: Large Upside Potential, Advantages Over Startup Competitors $ONVO
http://www.seekingalpha.com/article/3095096
In the meantime we can ponder the following: Organovo Holdings, Inc. Pre-Announces Preliminary Fiscal 2015 Fourth Quarter And Year End Financial Information. Here's the link: http://ir.organovo.com/news/press-releases/press-releases-details/2015/Organovo-Holdings-Inc-Pre-Announces-Preliminary-Fiscal-2015-Fourth-Quarter-And-Year-End-Financial-Information/default.aspx
Great post with supporting analysis.
Meant Keith Murphy, not Mark Cola.
Not completely fair & unbiased. On the call, The question was asked when they expected to sell more shares & Mark Cola stated that they can't even have an offering until the price is > $5.
Up .40 in pre-market! This should turn the price around.
Up 5.1% today, looking forward to new highs.
Here's the correct link (I.e., you buy it here and put in a drawer for 10 years for a big return): Stock Pops & Drops: COST, IBM, AAPL & ONVO http://video.cnbc.com/gallery/?video=3000338673
Organovo has added a new SEC filing to its web site:
10-Q (Quarterly Report)
5 Statements of Changes in Beneficial Ownership - all adding! Hopefully this kicks off a good day for ONVO tomorrow!
Awesome SkyWorks day! Here's an update regarding Q3 Guidance:
Skyworks Exceeds Upwardly Revised Revenue and EPS Guidance in Q3 FY14
Delivers $587.0 Million in Revenue, Up 35% Y-o-Y and 22% Sequentially
Expands Non-GAAP Operating Margin 480 Basis Points Y-o-Y to 30.5% (25.3% GAAP)
Posts $0.83 of Non-GAAP Diluted EPS, Up 54% Y-o-Y and 34% Sequentially ($0.58 GAAP)
Generates $199 Million in Quarterly Cash Flow from Operations
Guides to $1.00 in Non-GAAP Diluted EPS and $680 Million in Revenue in Q4 FY14
Happy to have added another 1K at $7.50 this morning.
What's up with the sudden downturn? More MM manipulation?
Positive SA article is out this morning:
http://seekingalpha.com/article/2202063?source=iphoneportfolioapp_copy
Yes indeed. Big earnings - an ever so slight (2%) miss on huge revenue; but we're headed in the right direction now.
Polyone is a great company. I've been in it for about a year & 3 months. I agree that 40 is just around the corner.
Organovo just updated their Investor FAQ: http://www.organovo.com/investors/frequently-asked-questions regarding the lack of credibility for the Simeon Research Report published 4 days ago & hammering the stock. A must read.
Check out http://ir.organovo.com/investors/sec-filings/default.aspx for new insider buying, a little selling & lots of Right to Buy exercising of stock options. This will help set up this new momentum run!
It looks like we have a new pattern starting. I was really glad to see no 10 AM drop today & we broke through the .12 ceiling, now to bust the .14 ceiling.
It should be a good day given the press release. I'm glad that I was able to add shares yesterday.
Here's a link to the CNBC video with Rudi Franz, the CFO for Voxeljet http://video.cnbc.com/gallery/?play=1&video=3000226229#
From CNBC website:
Don't focus much on share price: Voxeljet CFO
THU 12 DEC 13 | 05:21 PM ET
Hot off the 3D printing press, Rudi Franz, Voxeljet CFO, says they focus on the execution of its business model and not too much on share price.
On CNBC right now!
i totally agree & have been going back to look at what happened after Richard's last inflammatory articles. I think that we will see a significant up trend within the next 2-4 weeks. Dec. 5th should be telling... At these levels I am buying calls.
ONVO is scrolling across the CNBC ticker this morning for both most actives & highest % gainers.