Sigma Labs (NASDAQ: SGLB), a leading developer of quality assurance software to the commercial 3D printing industry, today announced that, effectively immediately, it will begin doing business under the name “Sigma Additive Solutions.” The name change reflects the evolution of the company from its origins as a laboratory engaged in research and development of 3D metal printing technology — into a solutions provider focused on enabling its customers and OEM partner providers to use a standard set of patented quality metrics across 3D printers from different manufacturers, using different processes, for the total additive manufacturing (“AM”) industry in metal, polymer parts and beyond. In conjunction with the change and effective at the open of the market on May 19, 2022, the company’s common stock will begin trading on the Nasdaq Capital Market (“NASDAQ”) under the new ticker symbol SASI.
“Our company’s decision to operate as Sigma Additive Solutions is an acknowledgement of the progress the Sigma team has made in creating the quality standard in additive manufacturing,” said Jacob Brunsberg, president and CEO of Sigma. “For some time, we have been working with customers, OEMs and standards organizations to remove the quality barrier through advanced meltpool monitoring and analytics. We intend to significantly impact the entire AM quality continuum with scalable solutions that improve machine, process and part quality. We are also pleased that our ticker symbol will be aligned with our brand and our vision.”
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About Sigma Additive Solutions
Sigma Labs Inc., operating as Sigma Additive Solutions, is a leading provider of in-process quality assurance (“IPQA”(TM)) solutions to the additive manufacturing industry. Sigma specializes in the development and commercialization of real-time monitoring and analytics known as PrintRite3D(R) for 3D metal and polymer advanced manufacturing technologies. PrintRite3D detects and classifies defects and anomalies real-time during the manufacturing process, enabling significant cost-savings and production efficiencies by reducing waste, increasing yield and shortening cycle times. Sigma believes its software solutions will be a major catalyst for the acceleration and adoption of industrial 3D printing. For more information, please visit www.SigmaAdditive.com.
NOTE TO INVESTORS: The latest news and updates relating to SGLB are available in the company’s newsroom at http://ibn.fm/SGLB
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