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Re: outlook2020 post# 76204

Monday, 08/03/2020 9:58:21 AM

Monday, August 03, 2020 9:58:21 AM

Post# of 81999
"If it looked promising do you think (I don’t) Trumpf would wait until after announcement to begin to sell."

You sign the deal and then announce the deal, so yes you would wait until the deal is signed and announced before you would start selling. Also the sales people have to be trained so they can do a proper sales pitch.

First, we signed a global agreement with a major printer manufacturer, who will designate their printers as PrintRite3D ready, allowing us to leverage their worldwide sales force of over 800 people, who will actively promote our technology as their preferred monitoring solution. Currently, we’re under an NDA with the company. However, we expect to announce details about the agreement in the coming weeks. And we do expect to see the first purchase order from the relationship this quarter, and of course, increased activity as the economy picks up, and as we train the worldwide sales force. This is a major win for Sigma.

Second, our Japanese distributor signed their first customer, a Fortune Global 50 manufacturer, who will be using PrintRite3D to ensure consistent quality on their SLM dual laser printer. This sale serves as a critical beachhead for us to begin to open up the Japanese market for our technology. The sale was made with an agent under a new sales profit, which I’ll discuss in detail in a few moments.



I also think that the printer manufacturer could be from Europe since they talked about the japan deal separatley.
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