Sigma Labs Inc (SASI)

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Sigma Labs Inc. Signs Technology Cooperation Agreement with Materialise NV

In other news, Sigma Labs Inc. (OTCQB: SGLB stock volume soared Apr. 22, with 7,139,435 shares changing hands, nearly twice as much as its three-month average volume of 3,777,432 shares.

The surge in stock volume is being fueled in part by the Santa Fe, N.M.-based tech company's Apr. 22 announcement that it has signed a "Technology Cooperation Agreement" with Materialise NV of Leuven Belgium.

The agreement sets forth the parties' intent to collaborate technically and commercially in the integration, production and marketing of PrintRite3D® software-related products for metal-based additive manufacturing.

Mark Cola, President and Chief Executive Officer of Sigma Labs, Inc. stated that, "By further integrating our PrintRite3D(R) software technology with Materialise's additive manufacturing software, we believe that we will reach the broader additive manufacturing market sooner and be able to assist a larger number of AM users with achieving their in-process inspection needs more quickly."

On Apr. 22, SGLB's share price closed at 15 cents unchanged from the previous day's close.