CHGT Exploring 3D Printing’s Rapidly Growing Exotic Materials Market
By Business Wire News
By Business Wire News
Changing Technologies, Inc. (OTCBB:CHGT) has been talking with designers and printers that utilize exotic materials, introducing potential users to its revolutionary upcoming 3D printing portal and paving a solid path to potential long-term, sustainable revenues from an exciting new source.
“3D printing is moving beyond tinkering and into serious production,” said CHGT CEO Marco Valenzuela. “Designers, printers and manufacturers using exotic materials are a natural market for our portal. We’ve been well received by companies in the medical, automotive and jewelry making industries – all of which utilize a wide variety of exotic materials on a daily basis. We’re expecting these companies to be quite interested in our portal upon release.”
The exotic materials segment has seen spectacular growth as more and more designers and suppliers make use of stainless steel, chrome, bronze and carbon, expanding the frontiers of 3D printing and manufacturing.
Valenzuela cited bioprinting, a 3D printing application that utilizes exotic materials to make replacement human body parts, as one area that would be a great fit for CHGT’s cutting-edge portal. Analysts suggest bioprinting could grow to a $4 billion industry by 2018. CHGT subsidiary 6th Dimensions Technologies has been engaged in talks with 3D designers and printers in the medical industry that could revolutionize biomedical, nanomedical and industrial engineering techniques.
For more information on CHGT, please visit www.changingtechno.com.
For more information on 6thDimension Technologies, please visit http://www.6d3d.com.
About Changing Technologies, Inc.
Changing Technologies, Inc. (CHGT) is an emerging technology company focused on developing innovative concepts to bring to consumers. It recently created a new subsidiary — 6thDimension Technologies — to pursue additional growth areas and market needs in the booming 3D printing sector. A forward-thinking company working to be at the forefront of the next generation of consumer-based technology, CHGT is positioning itself to leverage global demand for the latest technological advances and services the company offers. Changing Technologies, Inc. is in the cutting-edge technology sphere alongside companies like Voxelijet AG (VJET), Arcam AB (AMAVF), and ExOne Co. (XONE).
Notice Regarding Forward-Looking Statements
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words “believes,” “expects,” “anticipates” or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone’s past success, either financial or strategic, is no guarantee of success. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date hereof.
Changing Technologies, Inc.
Marco Valenzuela, 713-300-3806
President and CEO